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Latest News

Valley Chamber CEO to step down

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June 30, 2014
Staff Report
Greater Spokane Valley Chamber of Commerce CEO Eldonna Shaw announced this morning in a letter to members that she will leave the Chamber at the end of July. Shaw, who has served as CEO for 13 years, said in the letter that she had been planning to lea
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Avista receives $15 million settlement

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June 27, 2014
Staff Report
Avista Corp., of Spokane, announced today that its unregulated subsidiary Avista Energy has received $15 million in a litigation settlement with various California parties stemming from a dispute concerning prices paid in the California spot markets in 20
Read More

Avista forms new subsidiary

Salix to explore liquefied natural gas markets
June 24, 2014
Staff Report
Avista Corp., of Spokane, announced this morning it has formed a subsidiary, called Salix Inc., to explore domestic markets, specifically wholesale and business-to-business customers in the western U.S., for liquefied natural gas. Robert J. Lafferty, a
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Schweitzer's growth ingredients working

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June 19, 2014
Staff Report
Here's a good recipe for a home-baked business success dish. Start with two cups of education and hard-earned expertise-say, in the field of electrical engineering-and add in a cup of pure entrepreneurial energy and a tablespoon each of business ma
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New brokerage owners buy downtown building

CitiBrokers will occupy 1889 Building in August
June 19, 2014
Mike McLean
Principals forming a new Spokane real estate brokerage have bought a historic three-story building downtown for $1 million. The brokerage, CitiBrokers LLC, plans to occupy a portion of the building when it opens in August, says Aaron Cunningham, one of t
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Accurate financials key when selling a business

Inconsistencies can raise red flags, jeopardize deal
June 19, 2014
Ed Kirk
The market for buying and selling privately held companies has changed substantially during the last few years. The economic downturn significantly reduced sales and profitability of many companies, decreasing the number of companies for sale as would-be
Read More

South Hill retail center aims for up to six tenants

Regal Square has 7,300 square feet of floor space
June 19, 2014
Mike McLean
Construction is complete at a new multitenant commercial building named Regal Square, on Spokane's South Hill. The 7,300-square-foot retail building is located at 5608. S. Regal, about a block beyond the south city limits of Spokane.
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Tougher fraud penalties needed

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June 19, 2014
Don Brunell
Steal $200,000 from a bank, and you'll go to prison. Steal $200,000 from the taxpayers, and you'll probably get a slap on the wrist. A Chicago man was sentenced to more than seven years in prison for stealing $250,000 from a bank. In San Diego, a bur
Read More

Banks face some challenges in moving to the cloud

However, they potentially could reap major savings
June 19, 2014
Francis Tam
Cloud computing is changing the game for both large and small businesses. For many, cloud computing has received a lot of buzz because of its ability to decrease the costs associated with administering an on-site system, meaning less investment in informa
Read More

Bond investors should be preparing for volatility

Long-term rally could be coming to an end soon
June 19, 2014
Michael Maehl
For the last 30-plus years, it hasn't particularly mattered whether you owned bond funds or individual bonds. Helped by falling interest rates, they both delivered consistent income and a counterbalance to stock market volatility. But, with higher rate
Read More
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