Spokane Journal of Business

Special Report

'Unbanked' people might face health insurance hurdle

A new report co-authored by Vanderbilt University health policy expert Dr. John Graves, assistant professor of preventive medicine, has found that as many as a quarter of people eligible for subsidized health insurance under the Affordable Care Act...

Sarbanes-Oxley rule fosters gender bias, expert asserts

In 2002, the federal government mandated that corporate boards of directors include at least one audit committee financial expert to help avert future accounting scandals. The title and description of that position, however, might have an on of...

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Whitworth investment club set to explore equity world

A student investment club formed at Whitworth University north of Spokane in April 2012 got its feet wet during the last school year and will become more fully immersed in the world of stock trading when the new academic year begins this club, the...

Predicting public company bankruptcies said tougher

With the second-quarter corporate earnings season nearly over, new research from theStanford University Graduate School of Businessexamines the usefulness of financial statement and market data for investors who want to ascertain the likelihood 1...

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Numerica moves ahead with downtown branch-Art only

Spokane Valley-based Numerica Credit Union plans this fall to open a downtown Spokane branch in a 3,000-square-foot space on the ground floor of the former First National Bank Building, at 502 W. Riverside. The credit union plans to employ six at...

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Washington Federal eyes Spokane market entrance

Washington Federal Inc.'s acquisition of 51 Bank of America branches will give the Seattle-based bank a presence in the Inland Northwest for the first time in its 96-year history.After it takes ownership of branches in small markets in Eastern a...

Wheatland Bank launches wealth-management division

Wheatland Bank, of Spokane, says it has added wealth management services and has hired veteran financial adviser to lead the launch of the new business line.Newly created Wheatland Wealth Management is an in-house brokerage and financial of Bank...

INB parent reports rise in earnings, fewer bad loans

Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, has reported second-quarter net income available to common shareholders of $1 million, or 33 cents a diluted share, up from about $120,000, or 4 cents a share, in the...

Economists foresee faster improvement

Although economic growth has been constrained in recent quarters, it will accelerate later this year and into 2014 as external pressures and fiscal drag ease, says the economic advisory committee of the American Bankers Association.According to...

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Ken Roberts Investment Management set to change hands

Ken Roberts, president of longtime Spokane wealth-management company Ken Roberts Investment Management Inc., says he plans to sell the company to two employees, a process expected to be completed by this fall. Meanwhile, a five-year plan by the...

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