Latest News

Downtown Spokane lots face potential foreclosure

Loan for envisioned high-rise site said to be delinquent

January 19, 2012

A downtown parking lot, where Spokane developer Rob Brewster Jr. once had planned to erect the city's tallest building, likely will be put up for auction, says a Seattle lawyer acting as a lender's trustee.The attorney, Patrick Moran, of Russell

Four-legged fashion

January 19, 2012

Chey Scott

People who pass by Max's Custom Pet Clothing in North Spokane very well could inspire the newest dog outfit that self-described pet tailor Kathlene "Max" Powell designs and makes to sell in her shop.Powell, the business's owner and sole says she

Metropolitan Mortgage, Summit trusts make fourth payment

Combined distributions since entities were formed now exceeds $112 million

January 19, 2012

Kim Crompton

Trusts established to try to recoup some of the huge amount of money that investors had tied up in Metropolitan Mortgage & Securities Co. and Summit Securities Inc. before those affiliated companies here shut down eight years ago have made a fourth

Foreclosures in Spokane reach five-year high

Some predict improvement in 2012; Kootenai County data suggest turnaround

January 19, 2012

Mike McLean

Foreclosures on deeds of trust in Spokane County rose for the fifth consecutive year in 2011, climbing 7 percent to within 40 of the peak 1,152 foreclosures recorded in 2002, auditor's office data show.The rate of increase has slowed, though, 12

Bing Crosby Theater building in Spokane to be sold

Bing Crosby Theater could fetch $1 million to $3 million, owner says

January 19, 2012

Chey Scott

Mitch Silver, a Spokane businessman who owns the Bing Crosby Theater building in downtown Spokane, says he's planning to put that historic property up for sale this spring.Silver says he decided to sell the 756-seat theater, located at 901 W. he

-Photo courtesy of Amusement Today/Gary Slade

North Idaho roller coaster maker expands to accommodate innovations

$1 million Hayden facility to house track-fabrication plant; cars in design stage

January 19, 2012

Mike McLean

Rocky Mountain Construction Group Inc., of Hayden, is erecting a new $1 million shop building where it plans to move its proprietary roller coaster track manufacturing operations, says Fred Grubb, the company's president. The move also will make

Now FLSmidth, old RAHCO unit grows with sales worldwide

FLSmidth Spokane has had sales jump sharply since buyout in 2007

January 19, 2012

Chey Scott

In the almost five years since it was acquired by Danish industrial giant FLSmidth & Co. A/S, FLSmidth Spokane Inc. has seen its sales increase exponentially. The company expects to see that growth continue as the global mining market remains says

Micro-companies use crowdsource funding to finance startups

Some entrepreneurs use crowdsourcing to generate capital

January 19, 2012

Linn Parish

Self-described serial entrepreneur Mark Baker formed a company in 2008 through which he developed a word-strategy card game called 5 To Close, but he never could develop a suitable strategy for producing the game and properly launching the three 5

Rock Pointe office complex owners file for Chapter 11 reorganization

Reorganization latest in series of actions to avoid default

January 19, 2012

Mike McLean

The company that owns the Rock Pointe Corporate Center has filed for bankruptcy protection, staving off a foreclosure sale of the big office complex north of downtown Spokane as debt woes continue to mount for the company's founders.The Chapter

Experts would put money in wider investment range this year

Some suggest taking more risks because of potential economic improvements

January 19, 2012

Personal Investing

How would you invest $10,000 this year?That's a question posed annually to a panel of investment experts.A year ago, our pundits were relatively optimistic as most suggested quality U.S. stock investments, along with some shorter-term bonds a