Office Hours archive for Dec. 2010

THURSDAY, DEC. 30, 2010

Spokane SAVVY sold

Spokane SAVVY magazine has been purchased from founder Jesse Martinez by a group of investors, Spokane SAVVY LLC. The group bought the magazine, its Web site, e-mail, newsletter, and customer database from J&J Ventures, a sole proprietorship. Martinez will no longer be involved with the...

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Hearing Tuesday on workers' compensation increase

The Washington Department of Labor & Industries will hold a hearing in Spokane Tuesday on its proposed 12 percent increase in workers' compensation premiums. Average premiums would climb 6.5 cents per hour. The hearing begins at 10 a.m. in the auditorium at the CenterPlace Regional...

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WEDNESDAY, DEC. 22, 2010

Sale of NightHawk Radiology approved; no word yet on CDA jobs

A Minnesota company on Wednesday officially bought NightHawk Radiology, once one of North Idaho’s fast-rising tech firms. Virtual Radiologic’s purchase of NightHawk was approved Wednesday as shareholders voted to take the offer of $6.50 per share or about $170 million. Both companies provide teleradiology services,...

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Record year for unemployment claims

Unemployment claims in Washington set new records this year, with more than 500,000 jobless workers collecting almost $4.7 billion in benefits. The Employment Security Department this morning compared the results with 2009, when 475,000 claimants collected $4 billion in benefits, and 2008, when 290,000 collected...

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MONDAY, DEC. 20, 2010

Davenport, CDA Resort get awards in magazine survey 

Smart Meetings magazine has picked the Davenport Hotel and the Coeur d'Alene Resort as platinum-medal winners in its 2010 list of notable gathering spots. The only other Idaho site chosen is Sun Valley Resort.Other locations in Washington chosen were:• The Fairmont Olympic Hotel • Four...

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Purchase of AmericanWest closes

The purchase of AmericanWest Bank by a new holding company closed today.SKBHC Holdings LLC paid $6.5 million for the Spokane bank and its Utah division, Far West Bank. The group also injected $185 million in capital into AmericanWest, which was reeling from losses on construction...

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SATURDAY, DEC. 18, 2010

FRIDAY, DEC. 17, 2010

THURSDAY, DEC. 16, 2010





Foreclosures drop in Spokane

Foreclosures in Spokane County fell last month, but remained significantly above the pace of November 2009, according to figures released today by RealtyTrac.The on-line foreclosure marketplace said 167 Spokane homes _ one in every 1,182 _ went into foreclosure, down 52 percent from 109 in...

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WEDNESDAY, DEC. 15, 2010



Felts Field to get more services

A long-time tenant of Felts Field will take over responsibility for fueling planes, and plans to add other services under a contract approved today by the Spokane International Airport board of directors.The five-year agreement with Western Avionics Inc., doing business as Western Aviation, will bring...

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TUESDAY, DEC. 14, 2010


Unemployment rate up despite added jobs

Spokane County's unemployment rate increased to 8.4 percent in November despite an increase in jobs.Employment Security Division statistics released this morning showed statewide employment was almost flat, as the unemployment rate remained at a seasonally adjusted rate of 9.2 percent.In Spokane County, where figures are...

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MONDAY, DEC. 13, 2010

FRIDAY, DEC. 10, 2010

F5 Networks is added to the S&P 500 index

Seattle tech firm F5 Networks, which has an engineer group in Liberty Lake, has been added to the S&P 500 index, the company said this week. F5 makes load balancing tools and software components that allow major Web companies to manage net traffic efficiently. Also...

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THURSDAY, DEC. 9, 2010


West Wing of the White House opens on Friday

View Larger MapFOOD seems to be the predominant business model these days. After posting about Sushi Maru and Chef in the Forest, let's go for three today:The West Wing of the White House opens Friday at 4334 S. Regal, on Spokane's South Hill. It's the...

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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.




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