Latest News

Mint with a view

August 1, 2013

North Idaho native Randy Kramer has opened Gem State Mint, in Coeur d'Alene, bringing to fruition his long-running dream to manufacture coin-sized medallions of his own design, he says.Kramer, who has 20 years of experience at two other mints, a

Hart Capital stock index's value drops

Mine concerns hit hard, banks here rise to top in list of 15 companies

August 1, 2013

Treva Lind

Hart Capital Management Inc., a Spokane-based investment firm, says the stock value of 15 publicly traded Inland Northwest companies as measured in an overall index fell 6 percent in the second quarter, compared with the previous quarter. For a

RiverBank poised to name new CEO

Longtime former exec for Sterling Financial set to succeed Brooks

August 1, 2013

Kim Crompton

Daniel G. Byrne, longtime former chief financial officer here for Sterling Financial Corp., is expected to be named CEO at RiverBank, a seven-year-old boutique institution here, as soon as state and federal regulators approve the a Spokane native a

Convention hotel project closer to start

Worthy submits SEPA documents, negotiates for subcontractor work

August 1, 2013

Mike McLean

Spokane developer and hotelier Walt Worthy has filed environmental documents for his proposed 15-story convention center hotel project, and he says he hopes to begin construction within a month or two.Worthy's Spokane Valley-based development a

SPD looks at moving to precinct model

Department to increase number of officers to 300 by mid-year 2015

August 1, 2013

Jessica Valencia

The Spokane Police Department is considering implementing a widespread precinct model here, similar to those used in larger cities, says Spokane Police Chief Frank Straub. The precincts would be modeled after its downtown precinct that officially a

Odom plans $20 million warehouse on West Plains

Big beverage distributor to double its space while creating regional hub

August 1, 2013

Linn Parish

Bellevue, Wash.-based wholesale beverage distributor Odom Corp. plans to build a $20 million, 200,000-square-foot regional warehouse facility on the West Plains.Jerry Dexter, Spokane-based senior vice president for supply-chain management at the

Bulk mail goes intelligent route

Affected businesses here must adopt new system by Jan. 26

August 1, 2013

Treva Lind

Some businesses here that do extensive bulk mailing will need to adopt a new system for preparing their mail by early next year, when the U.S. Postal Service plans to require what it calls its Full-Service Intelligent Mail barcode to qualify for a

Albi Stadium could change hands

Lease would give school district option for ownership

August 1, 2013

Mike McLean

Spokane Public Schools has approved a lease for Joe Albi Stadium in which the district plans to take over operation of the city-owned stadium with an option to buy it, says Mark Anderson, the district's associate superintendent for support $1 if by

Sterling's income falls

July 18, 2013

Sterling Financial Corp., the Spokane-based parent of Sterling Savings Bank, reported this afternoon second-quarter net income of $27.8 million, or 44 cents a diluted share, down from $320.9 million, or $5.13 a share, in the year-earlier 2012 a tax

Clearwater Paper's net income drops

July 18, 2013

Clearwater Paper Corp., of Spokane, reported today second-quarter net income of $11.7 million, or 52 cents a common share, compared with earnings of $21.5 million, or 91 cents a share, in the year-earlier period.Net sales for the latest quarter in