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Latest News

Spokane-based RiverBank pares losses, bad loans

Six-year-old institution complying with terms of consent order, CEO says
March 29, 2012
Kim Crompton
RiverBank, a six-year-old boutique institution here, has reported a net loss of $686,000 for 2011, but that was down dramatically from a $2.8 million loss the year before, and CEO Chuck Brooks says, "We're quite confident for 2012."The bank last
Read More

Waste Management's plans for regional recycling center expand

Crews break ground on $18 million sorting plant on West Plains
March 29, 2012
Mike McLean
Waste Management of Spokane, a subsidiary of Houston-based Waste Management Inc., has started work on its $18 million recycling facility on the West Plains that will be more than a third larger than originally planned.The company is completing a
Read More
- Staff photo by Linn Parish

Columbia Bank plans move to downtown Spokane's Fernwell Building

$1 million renovation is under way; bank to move downtown offices in June
March 29, 2012
Linn Parish
Columbia Bank, of Tacoma, plans to move its Spokane regional office and downtown branch into the historic Fernwell Building in mid-June.The bank, which acquired eight Bank of Whitman branches last year when the Federal Deposit Insurance Corp. of
Read More

Ambassadors Group, investors prepare for battle over board positions

Stockholder group says it has lost confidence in company's leadership
March 29, 2012
Treva Lind
An investor group with a sizable percentage of stock in Ambassadors Group Inc., the Spokane-based student-travel program provider, says it has lost confidence in the company's leadership and is proposing its own three candidates to Ambassadors' LP,
Read More
—Staff photo by Mike McLean

Idaho aerospace alliance takes off

Alliance aims to secure share of hot industry
March 29, 2012
Mike McLean
North Idaho aerospace manufacturers have launched an effort to form a statewide coalition and develop strategies to attract and keep aerospace-related business in Idaho.The idea for the recently created Idaho Aerospace Alliance, which has a and
Read More
—Photo courtesy of Kaiser Aluminum Corp.

Kaiser Aluminum's Trentwood mill gets major upgrades

$160 million in improvements position Kaiser for growth
March 29, 2012
Chey Scott
As part of an effort to ensure it remains a competitive player in the growing global aerospace industry, Kaiser Aluminum Corp. is making ongoing investments to improve the efficiency and capacity of its Spokane Valley Trentwood Works plant that new
Read More

Stock market follows pattern over presidential term

Trend won't necessarily be sustained; investors should stay the course
March 29, 2012
Personal Investing
The U.S. stock market reacts daily to a wide set of developments and news. Current issues like the possibility of war between Israel and Iran, the eurozone sovereign debt crisis, changing U.S. employment data, and household formation numbers all to
Read More

Calendar

March 29, 2012
Meetings & EventsGreater Spokane Incorporated will hold a free North Spokane Advisory Group meeting on Tuesday, April 3, from 7:30 to 9 a.m., at Windermere Real Estate North, 9017 N. Country Homes Blvd. Chris Bornhoft, of Vandervert Construction
Read More

In the News

March 29, 2012
March 27 / AmericanWest to acquire San Diego bankAmericanWest Bank, of Spokane, said it has agreed to merge into its operations Security Business Bank of San Diego. Security Business Bank has four locations in the San Diego area, including a The
Read More
—Staff photo by  Mike McLean

Kootenai County laying groundwork for growth

Infrastructure, public works projects hoped to spark construction
March 15, 2012
Mike McLean
Following another slow construction year in Kootenai County, some with ties to the industry are hopeful that public works and infrastructure projects will generate growth in construction activity in 2012 and further into the future.Construction
Read More
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