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Latest News

—Photo by Chey Scott

Good green greetings

January 13, 2011
Chey Scott
Paper greeting cards might be giving up ground to cyber alternatives such as e-cards or online event invitations, but veteran Spokane graphic designer Rene Bross has come up with what she believes is an effective way to combat that trend.Bross a
Read More

30 Black Rock parcels slated for auction

Sale planned to recover $9.1 million debt owed to Mountain West bank
January 13, 2011
Mike McLean
The protracted decline of the luxury real estate market continues to hound Coeur d'Alene developer Marshall Chesrown, as 30 lots in the exclusive Black Rock golf community above Lake Coeur d'Alene's Rockford Bay are scheduled to be sold at auction
Read More

Analyst boosts Avista's earnings estimate

Harsh winter could lead to higher-than-expected profits, D.A. Davidson says
January 13, 2011
Linn Parish
Colder-than-normal temperatures coupled with better-than-usual hydropower generation will lead to higher-than-expected earnings for Spokane-based Avista Corp., D.A. Davidson & Co. analysts are projecting. The Great Falls, Mont.-based regional to
Read More

Foundry set to launch online sales

LA Aluminum constructs new warehouse to house shipping operations, parts
January 13, 2011
Chey Scott
LA Aluminum Casting Co., the growing Hayden Lake, Idaho-based metal foundry, plans to market directly to consumers some of its specialty metal parts soon as part of a new online venture. The company will use a new warehouse being completed this
Read More

Foreclosure ascent rate slows sharply

Filings still increased at double-digit pace here; slow turnaround foreseen
January 13, 2011
Mike McLean
The number of foreclosures in Spokane and Kootenai counties continued to rise in 2010, although not at the skyrocketing annual rate of increase that occurred the two previous years. Economic analysts here say it likely will take years for to drop a
Read More

Bankruptcies fell slightly here in 2010

Districtwide drop in filings could signal stabilization; North Idaho cases grow
January 13, 2011
Linn Parish
The number of bankruptcy filings in Eastern Washington fell last year for the first time since 2006. The decline was slight, however, and Spokane-area attorneys say they remain busy with a large volume of clients struggling to remain and businesses
Read More
—Photo by Kim Crompton

INHS stays on upward track

Nonprofit's revenues climbed about 7 percent in 2010
January 13, 2011
Kim Crompton
Inland Northwest Health Services, the big Spokane-based nonprofit, kept its strong recent growth trend intact in 2010, posting projected record revenue of about $167 million and adding more employees to boost its total work force to nearly revenue
Read More
—Photo by Chey Scott

Pearson riding a brisk rebound

Packing-equipment maker enters 2011 with a big backlog
January 13, 2011
Chey Scott
Pearson Packaging Systems, the longtime West Plains maker of packaging equipment, appears to be roaring back from the recession, invigorated by a new product and a change in strategy that has focused the company on selling complete systems rather a
Read More

Now is time to make financial resolutions for the new year

The cautions promoted by the financial crisis must continue in future
January 13, 2011
Personal Investing
It's time once again to make New Year's financial resolutions.Financially profligate countries such as Greece and Ireland should have done the same a year ago. Subsequent austerity moves throughout Europe have prompted irate protests by its the
Read More

In the News: January 13, 2011

January 13, 2011
Jan. 10 / Council approves Wheelabrator contract, rejects car-tab fee The Spokane City Council approved a three-year, $25 million contract with Wheelabrator Spokane Inc., a subsidiary of Houston-based Waste Management Inc., to to the
Read More
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