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Latest News

Crunch eases on low-income tax credits

One applying multifamily project here gets funding nod; another is canceled
May 20, 2010
Kim Crompton
A credit crunch is beginning to ease up on a sizable and highly coveted source of development money for low-income multifamily housing projects in Washington state, including some here.Investors are beginning to show more interest in buying tax
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—Staff photo by Mike McLean

New to Spokane-area market, Copper Basin expects big year

Hayden homebuilder forecasts this year will be strongest it's ever had
May 20, 2010
Mike McLean
Copper Basin Construction Inc., a longtime Hayden, Idaho, developer and homebuilder that recently has expanded into the Spokane-area market, says it plans to construct more homes this year than it has in the company's history.Late last year, in
Read More

Before diving into riskier mutual funds, devise strategy

Investors need to study prospectuses, develop allocation framework
May 20, 2010
Personal Investing
Sometimes—especially when a bear market awakens from its hibernation—investors begin to feel the urge to take a flier on a higher-risk mutual fund.Which can be OK. Having a very small portion of your holdings in speculative choices can
Read More

In the News: May 20, 2010

May 20, 2010
May 18 / Clearwater to build $260 million tissue-products plant Spokane-based Clearwater Paper Corp. said it plans to build a new facility, at a cost of between $260 million and $280 million, to produce private-label bathroom tissue.
Read More

Calendar: May 20, 2010

May 20-June 3, 2010
May 20, 2010
Meetings & Events The Spokane chapter of the American Advertising Federation will hold a lunch program on Thursday, May 20, from noon to 1:30 p.m., at the Global Credit Union auditorium, 1520 W. Third, in Spokane. Clint Runge, of Youth
Read More

Small Business Watch

May 20, 2010
Promoter purchases assets of The Blvd, renames it Seaside Bill Powers, a Spokane concert promoter for the past 10 years, has purchased the assets of The Blvd concert house, at 230 W. Riverside, from Ray Wilson, and has renamed it to
Read More

No rest in retirement for Eliassen

May 20, 2010
Editor's Notebook
Jon Eliassen, who retired from Avista Corp. in 2003 after 33 years on the job, now is both chairman of Itron Inc. and interim president and CEO of Red Lion Hotels Corp. That has got to be like working full time plus.The changes Eliassen already
Read More

Commellini's to reopen as private facility

Reservation-only dining and catered event center to open later this summer
May 20, 2010
Jeanne Gustafson
Commellini's, a long-time Italian-style restaurant here, will be reopened this summer as a reservations-only restaurant and events center, says Robert Seghetti, who will own the establishment with his wife, Lauri, and his parents.Seghetti's has
Read More

Gym owner faces foreclosure on West Plains

Sale scheduled of property where a Global Fitness location had been slated
May 20, 2010
Jeanne Gustafson
A site on the West Plains owned by a Spokane-area fitness chain is scheduled to be auctioned off at a trustee's sale on May 28 to satisfy more than $500,000 in debt on the property.M-R Fitness Inc., owned by Michael Lee, had announced plans in a
Read More

Kaiser begins testing water at dump site

May 20, 2010
Kaiser Aluminum & Chemical Corp. has begun taking water samples at a former aluminum by-product disposal site about 10 miles northeast of downtown Spokane in the Mead area that has been found to contain contaminants.The site, located near the of
Read More
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