Latest News

Softer Canadian tourism, exchange rate link eyed

Many factors believed to influence fluctuation
November 5, 2015
LeAnn Bjerken
Canadian visitor traffic has been softer here in recent years, tourism officials say, but there's no real consensus about just how much blame for that decline should be placed on a recently widening gap in the U.S.-Canadian currency exchange rate. For
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Former Northwestern Mutual adviser pleads guilty to wire fraud

John Charles Hanson said to have taken millions
November 5, 2015
A former Spokane-based financial adviser with Northwestern Mutual Investment Services pleaded guilty last month to operating a Ponzi scheme and stealing nearly $2.5 million from his clients. John Charles Hanson pleaded guilty to wire fraud before a U.S.
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FILE

Largest county taxpayers see rise in their annual bills

Avista holds top ranking among property owners
November 5, 2015
Tax bills levied on the top 50 property owners in Spokane County for 2015 totaled $49.5 million, up 6.4 percent from last year, county records show. That compares with a 4.4 percent increase in 2014, compared with the prior year's total tax bill for th
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—Boden Mountain Architecture LLC

Inland Northwest ski areas aim for 'average'

Some resorts forge ahead with projects, growth plans
November 5, 2015
Mike McLean
Coming off a severe snow drought, Inland Northwest ski areas are expecting average snow accumulations for the upcoming seasons, and average would be good enough for them. A few resorts have big projects planned or underway. They include plans to open up
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—Mike McLean

ADM considers $200 million mill expansion

Conglomerate now questions, however, its initial cost estimate
November 5, 2015
Mike McLean
Archer Daniels Midland, the Chicago-based agricultural and commodities conglomerate, is considering expanding storage, milling, and shipping capacity at its mill complex in the industrial portion of east Spokane, preliminary planning and environmental doc
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Trio of SBA veterans form consulting company

Three women plan to teach system to lenders
November 5, 2015
LeAnn Bjerken
Coralie Myers and Pat Johnson, of Spokane, along with Lisa Lerner, of Phoenix, have formed a new national company here called SBA Simplified LLC, with the goal of advising lenders on how best to use new lending software.
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Federal Reserve action stirs policy error concerns

Timeline for raising rates has become more murky
November 5, 2015
Steve Scranton
Much anticipation and discussion swirled throughout the summer regarding when the Federal Reserve would begin the process to normalize interest rates, with economists and forecasters pretty evenly split between whether or not the Fed would start in Septem
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—Kevin Blocker

Inspirus works to boost membership in Spokane

Credit union dedicated funds to local schools
November 5, 2015
Seattle-based Inspirus Credit Union has stepped up its efforts to add new members in the Spokane area as part of an ongoing effort to reach out beyond its traditionally teacher-based membership, located mostly on the West Side.
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