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Latest News

—Rendering courtesy of Steven P. Elkins Architects Inc.

New hotel planned near Airway Heights

November 20, 2008
Mike McLean
A Seattle-area developer says he plans to start a hotel project northwest of Spokane International Airport before the end of the year.The developer, Surinder Khela, says he will develop a 79-unit La Quinta Inn & Suites south of U.S. 2, at the of
Read More

Pact signed on land at Riverpoint

Denver developer leases old Jensen-Byrd parcel, others, plans building
November 20, 2008
Mike McLean
Washington State University has reached a preliminary agreement with Denver-based developer NexCore Group LP for development of 3.5 acres of land that include the former Jensen-Byrd warehouse building and three other parcels in the Riverpoint east
Read More

Key Tronic's new clients create buffer

Contract manufacturer says diversification push starts to pay dividends
November 20, 2008
Kim Crompton
Key Tronic Corp., the Spokane Valley-based contract manufacturer, expects its revenue this quarter to be lower than projected earlier, but company executives say the forecast could have been much gloomier if not for the addition of 18 new customers
Read More

Avista sees eventual IPO at subsidiary

Advantage IQ's board undergoes revamping to prepare for future
November 20, 2008
Richard Ripley
Executives at Avista Corp. and its Advantage IQ subsidiary long have talked about taking Advantage IQ public or exploring other ways for Avista to capitalize on its investment in the subsidiary. Now, they're getting more serious about it."We to
Read More
—Staff photo by Paul Read

ISM shifts focus to infrastructure

Health-research group's new plan won't be nearly as expensive
November 20, 2008
Paul Read
The Institute for Systems Medicine, a Spokane effort that had hoped to raise $100 million or more to attract world-class scientists here, has refocused itself on building the infrastructure it believes Spokane needs to be a player in basic That a
Read More
—Staff photo by Kim Crompton

AmericanWest scraps acquirer role

Amid losses, bank seeks to shed costs, raise capital
November 20, 2008
Kim Crompton
AmericanWest Bancorp says it expects to reduce its overall work force by up to 10 percent and to secure private equity funding, regardless of any federal bailout money it might receive, as part of a broad effort to stem losses and get back on says
Read More

Blue chips entice, but don't count on them staying low risk

Reliable performers now tougher to pick as ranks become ever-changing
November 6, 2008
Andrew Leckey
Brutal market activity has ravaged the ranks of blue-chip stocks.As newcomers enter this fraternity of reliable national performers, some of the old guard has lost its membership altogether while others are capitalizing on the financial virtues
Read More

The 95/95 proposition: How to get on winning side of it

To hit more home runs, focus on receiving, not making, unsolicited calls
November 6, 2008
Sales & Marketing
When a prospective customer calls you on the phone and wants to buy—either they heard or read something about you, or read something that you wrote, or someone referred them to you—the odds are close to 95 percent that you can make a sale
Read More

In The News: November 6, 2008

November 6, 2008
Nov. 4 / Avista Corp.'s earnings improve Avista Corp., of Spokane, reported third-quarter net income of $7.4 million, or 13 cents a diluted share, compared to a net loss of $3.9 million, or 7 cents a diluted share, in the year-earlier
Read More

Calendar: November 6, 2008

November 6, 2008
November 6-20, 2008 The Journal of Business publishes information about meetings, events, and learning opportunities of interest to the general business community. Submit such items to Ben Rascoff, Journal of Business, 429 E. Third, WA
Read More
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