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Latest News

Sterling's shareholders to meet soon

Spokane company seeks authorization to issue higher number of shares
September 3, 2009
Richard Ripley
Sterling Financial Corp. has scheduled a special meeting for shareholders here Sept. 21 to seek their approval of a new ceiling on the number of shares of common stock the company's board of directors can issue.The Spokane company, which owns is
Read More

Principal Financial plans move to Valley

Company to occupy 35,000-square-foot space at new River View Corporate Center
September 3, 2009
David Cole
Principal Financial Group Inc., the big Des Moines, Iowa-based financial-services company, says it plans to move its Spokane retirement services office from Rock Pointe Corporate Center north of downtown Spokane to Worthy Enterprises LLC's new in
Read More

Bike dealer here in flux amid tiff

Factory credit provider obtains restraining order against Shumate entities
September 3, 2009
Kim Crompton
The Shumate Harley-Davidson motorcycle dealership here has largely shut down amid financial problems that include a legal battle with a factory credit provider, but a Spokane attorney for the dealership says he is confident that it and two Inland a
Read More

Avista plans to add much wind power

Company says such plants will supply 350 megawatts of capacity within 13 years
September 3, 2009
Richard Ripley
Avista Utilities plans to build or acquire 150 megawatts of wind-powered generation by 2012 to take advantage of renewable-energy tax incentives, to diversify its resource mix, and to meet renewable-energy requirements.The Spokane company lays a
Read More

WinCo buys Cd'A parcel for new store

Discount grocery chain's outlet there would be its third to open in this area
September 3, 2009
Mike McLean
Boise-based discount grocery chain WinCo Foods LLC has bought 9 acres of vacant land in Coeur d'Alene and plans to build its third Spokane-Coeur d'Alene-area supermarket there, says the commercial real estate company that handled the real estate &
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—Staff photo by Jeanne Gustafson

Raising money for the U-District

Combination of state, local taxes would raise $21.2 million
September 3, 2009
Jeanne Gustafson
When the Spokane City Council agreed recently to form a special tax-increment financing district, it set into motion possible use of a fresh new way to raise more than half of the $42 million in public improvements eyed for the University District
Read More

Tribe's West Plains plans advance

BIA to prepare EIS, sets public meeting for later this month
September 3, 2009
Kim Crompton
The Spokane Tribe of Indians' long-discussed potential development of a casino resort on a 145-acre parcel of trust land on the west side of Airway Heights appears poised to move to the next step in the federal approval process.The U.S. Bureau a
Read More

Picking stocks, funds that won't give you motion sickness

Search out companies with little debt, reliable earnings, good liquidity
September 3, 2009
Personal Investing
Most investors want to avoid motion sickness.Even if the final results could be the same, arriving at those results on a smooth road with few bumps is preferable to veering up and down like a roller coaster.Yet those same investors also have
Read More

In the News: September 3, 2009

September 3, 2009
Sept. 1 / Advantage IQ acquires Portland company Advantage IQ, a Spokane-based Avista Corp. subsidiary that provides utility-bill and expense-management services for multisite businesses, announced it has acquired Ecos Consulting Inc.,
Read More

Calendar: September 3, 2009

September 3-17, 2009
September 3, 2009
Meetings & Events Spokane Insurance Associates will hold a membership meeting open to all insurance and risk management people on Tuesday, Sept. 8, at Northern Lights Brewing Co., 1003 E. Trent, in Spokane, at 5:30 p.m. R.S.V.P. to at
Read More
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