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Latest News

Middle class might not get good advice

Study finds many advisers focus on wealthy clients, leaving others underserved
April 21, 2011
Many middle-income Americans could be without adequate plans for retirement due to the tendency of the financial-services industry to cater to wealthy Americans, suggests a study conducted by the Bankers Life and Casualty Co.'s Center for a Secure
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—Staff photo by Chey Scott

Two bills seek to improve seniors' quality of care in state

Advocates say rules need to be updated; others think they will hurt adult homes
April 21, 2011
Chey Scott
Local elder-care advocates say that two bills currently being reviewed by the Washington state Legislature are fundamental to improving the quality of life for seniors being cared for in adult family homes.One of the measures, House Bill 1277, a
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Scientists try to explain why older people aren't astute drivers

Research also may lead to better understanding of psychological conditions
April 21, 2011
When elderly drivers get behind the wheel, they often confront the harrowing reality that they cannot see easily other cars, pedestrians, or cyclists moving around them. This frightening effect of aging, it turns out, is not necessarily a result of
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—Staff photo by Mike McLean

Low interest rates force strategy change

Financial advisers say even older clients should look beyond 'safe funds' in retirement planning
April 21, 2011
Mike McLean
Exceedingly low interest rates on federally guaranteed savings can be hazardous for people who plan to rely on income from such safe funds in retirement, advisers here say.Traditionally, people at or near retirement age have been advised to of a
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Waterford to become Touchmark

April 21, 2011
Journal of Business Staff
Waterford on South Hill, the big retirement complex owned and operated by Touchmark Living Centers Inc., of Beaverton, Ore., says it will change its name later this year to Touchmark on South Hill.Also, it says it is nearing completion of a big
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—Staff photo by Treva Lind

Making seniors feel at home

Pack With Compassion sees demand grow for move-consulting service
April 21, 2011
Treva Lind
Carlyn Morisset has her favorite chair, handmade porcelain dolls, and an oil painting she did as an artist. She picked these few possessions with the help of Deb Fry, who through her business, Pack With Compassion: Living & Moving Transitions, the
Read More

Regional distributors give clients more food for thought

In-house chefs, experts boost aid to restaurants as margins get squeezed
April 7, 2011
Chey Scott
Two major food distributors here say they've stepped up efforts to help their recession-pinched customers operate more efficiently, including by using in-house chefs to help them come up with new, economical menu items.The distributors, Sysco of
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Investors lose appetite for many restaurant stocks

Some quick-casual eateries have performed better than fast food, casual dining
April 7, 2011
Andrew Leckey
The restaurant industry, hit hard by recession and high unemployment, is seeing less investor appetite for its stocks.While people must eat, they are increasingly careful about how they spend their money to do so.As in any severe shakeout, of
Read More

Hotels.com report says rates rose

Room prices worldwide increased by 2 percent; business travel returned
April 7, 2011
Hotels.com, an online provider of lodging worldwide, has released its Hotel Price Index, noting a theme of recovery in the travel industry as global hotel rates rose 2 percent in 2010. Despite the increase in year-over-year rates, consumers can
Read More

Post-banner year convention activity livelier than expected

2012 looks even better; 12 national events are already on the books
April 7, 2011
Treva Lind
Looking ahead to the rest of 2011 and beyond, Spokane is starting to see an uptick in the number of conventions and group meetings booked here, industry leaders say. In a nutshell, 2011 doesn't appear as bad as expected, and 2012 looks even than
Read More
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