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Home » Authors » Staff Report

Articles by Staff Report

Telect to consolidate U.S. operations in Liberty Lake

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November 18, 2014
Staff Report
Telect Inc., the Liberty Lake-based manufacturer of communications networking equipment, plans to close its Plano, Texas, facility and consolidate its U.S. operations in Liberty Lake. Wayne Williams, president and CEO of Telect, says the company has no
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UW's lease of downtown building approved

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November 12, 2014
Staff Report
The Spokane City Council has agreed to lease to the University of Washington the former Spokane Visitor Information Center building, at 201 W. Main downtown. UW plans to use the city-owned, 2,250-square-foot structure for business outreach, alumni acti
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Trader Joe's plans North Side store

Second Spokane outlet to open in second half of 2015
November 11, 2014
Staff Report
Trader Joe's, the Monrovia, Calif.-based grocery store chain, announced today plans to open a store in the second half of 2015 in the Franklin Park Commons shopping center, at 5520 N. Division, on Spokane's North Side. The store will be the company
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Home Depot breach cost credit unions $60 million

CUNA survey finds that it affected 7.2 million cards
November 6, 2014
Staff Report
The data security breach at Home Depot stores in September cost credit unions nearly $60 million to reissue cards, deal with fraud, and cover other costs, according to the results of a new survey of credit unions released last week by the Credit Union Nat
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Protecting small businesses from online 'takeovers'

ABA offers suggestions for minimizing their risk
November 6, 2014
Staff Report
Cyber-attacks against small businesses are growing more sophisticated, says the American Bankers Association, which describes itself as 'the voice” for the nation's $15 trillion banking industry.
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Investor optimism hits seven-year high, survey says

Positive outlook is more pervasive in nonretirees
November 6, 2014
Staff Report
The Wells Fargo/Gallup Investor and Retirement Optimism Index jumped to plus-46 in the third quarter, its highest level in seven years.
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Number of unbanked households drops, study says

Volume of 'underbanked' consumers holds steady
November 6, 2014
Staff Report
The proportion of unbanked households declined to 7.7 percent last year, down from 8.2 percent in 2011, says the Federal Deposit Insurance Corp. in its 2013 National Survey of Unbanked and Underbanked Households released last month.
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Small-plane maker on inspirational ride

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November 6, 2014
Staff Report
Quest Aircraft Co.'s foray into the Asian market, which Journal reporter Mike McLean wrote about in our last edition, is a soaring inspiration for other Inland Northwest businesses that hope to find a market niche they can pursue internationally. More g
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Small Business Watch

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November 6, 2014
Staff Report

Third-quarter 2014 earnings roundup: Avista, Hecla Mining, Red Lion Hotels, Ambassadors Group

Three of four companies post improved performance
November 5, 2014
Staff Report
Three of four publicly-traded Inland Northwest companies releasing third-quarter earnings reports posted improved results. Two, Coeur d'Alene-based Hecla Mining Co. and Spokane-based Ambassadors Group Inc., reported net income in the third quarter aft
Read More
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