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Latest News

Etailz lands additional $5 million in capital

Co-founder Simpson joins director's board
April 9, 2020
Kevin Blocker
Spokane Valley-based online retailer etailz Inc. has secured a round of investment funding for the second time this year, says the company CEO Kunal Chopra. The newly raised capital, just more than $5 million, comes from a group of investors
Read More
Journal of Business

ICM Asset Management prevails in arbitration over investor's claims

Panel says 'sloppiness' wasn't fraud or neglect
April 9, 2020
Kevin Blocker
A three-person panel of arbitrators has ruled that a long-time Spokane investment company and its owner didn't breach its fiduciary duties, nor did it commit fraud, as claimed by a Spokane businessman who had invested in the company.
Read More
Virginia Thomas

Market volatility presents opportunity for investors

Retirees should consider lower monthly distributions
April 9, 2020
Virginia Thomas
Retirees and those planning to retire soon may have been shaken by the volatile behavior of the U.S. stock market in recent weeks, but experts here say it's not time to panic.
Read More

North Idaho looks to accommodate influx of retirees

Senior population growth outpaces housing stock
April 9, 2020
Natasha Nellis
Kootenai County has experienced an influx of retirees moving into the region over the last decade, and builders have struggled to keep up with the demand for housing, some observers say.
Read More
Touchmark LLC

Senior safety in Spokane

Retirement homes here encouraging seclusion for their at-risk residents
April 9, 2020
Kevin Blocker
Keith Fauerso, executive director of the Cheney Care Community senior living home, says quarantine measures implemented due the coronavirus pandemic only have furthered the isolation experienced among those who are the most susceptible to the virus.
Read More
Clearwater Paper Corp.

Silver linings emerge amid coronavirus storm

Some companies report sales growth, while others adapt
April 9, 2020
Kevin Blocker
Shannon Myers never thought she'd be talking about toilet paper so much, even though she's the spokeswoman for a company that makes it. Though Spokane-based Clearwater Paper Corp. doesn't have hard revenue figures yet for the first quarter of 2020
Read More
Natasha Nellis

Estimated $440 million in construction projects on hold in Spokane area

Commissioners, others argue home building is essential
April 9, 2020
Natasha Nellis
Nearly $440 million in commercial and residential construction projects is estimated to be on hold in the Spokane region during Gov. Jay Inslee's 'Stay Home, Stay Healthy” mandate that has deemed private residential and commercial construction
Read More
Mullen Technologies Inc.

Mullen Technologies agreement on West Plains expires

PDA remains optimistic that electric sports car maker will build plant here
April 9, 2020
Natasha Nellis
The letter of intent signed by Brea, California-based Mullen Technologies Inc. committing to take land for an envisioned electric sports car manufacturing plant expired March 31, leaving the young company's future in the region somewhat uncertain.
Read More

State accuses Spokane adviser of bilking clients of $2.9M-plus

Findings follow ban of Hannes by federal regulatory group
April 8, 2020
Kevin Blocker
The Washington State Department of Financial Institutions has accused a former Spokane financial planner of swindling millions from at least 19 clients over a 16-year period, starting in 2003.
Read More

Stimulus loan program gets off to rocky start, is important lifeline nonetheless

Lenders work to connect customers with Paycheck Protection Program
April 7, 2020
Ezra Eckhardt
When the year began, business was booming, and the biggest challenge for many employers was finding qualified job applicants. Suddenly, we're in an economic environment no one anticipated.
Read More
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