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Fed unsure of when to pull back on stimulus
May 23, 2013 on Page A8 WASHINGTON – The Federal Reserve is torn on when to slow its aggressive efforts to stimulate the economy. Its uncertainty burst into view Wednesday when Chairman Ben Bernanke testified to … 1
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CEO pay keeps rising
May 23, 2013 on Page A8 CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent …
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Homes sales jump to highest level in years
May 23, 2013 on Page A8 WASHINGTON – Sales of previously occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of …
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Twitter offering users extra login security
May 23, 2013 on Page A8 NEW YORK – Twitter is adding an extra security measure to users’ accounts in an effort to prevent unauthorized logins. Twitter said in a blog post Wednesday that users will …
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Tesla pays back loan from government early
May 23, 2013 on Page A8 DETROIT – Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early. The Palo Alto, Calif., company …
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Sonnelands say developer mistakenly tried to rezone South Hill land
May 22, 2013 on Page A1 Penni Swartzwelder and 160 other property owners in Spokane’s Lincoln Heights neighborhood were half-expecting the notice that recently landed in their mailboxes. It informed them that a developer wanted to … 9
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Apple faces questions on tax strategy
May 22, 2013 on Page A10 WASHINGTON – The Senate dragged Apple Inc., the world’s most valuable company, into the debate on the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish … 3
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Sprint boosts offer to buy out Clearwire
May 22, 2013 on Page A10 OVERLAND PARK, Kan. – Wireless company Sprint Nextel Corp. has raised its buyout offer for the stake in Clearwire it does not already own by 14 percent. Sprint said Tuesday …
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JPMorgan Chase’s Dimon keeps roles
May 22, 2013 on Page A10 TAMPA, Fla. – Jamie Dimon, the CEO and chairman of JPMorgan Chase, easily survived a vote Tuesday that would have called on him to give up his role as chairman …
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For Microsoft, it’s game on
May 22, 2013 on Page A10 REDMOND, Wash. – Microsoft thinks it has the one. The company unveiled the Xbox One, an entertainment console that wants to be the one system households will need for games, …
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Spokane County unemployment decreases in April
May 22, 2013 on Page A10 The unemployment rate in Spokane County was 7.7 percent in April, down from 9 percent the previous month, the state Employment Security Department reported Tuesday. Washington’s unemployment rate was 6.5 …
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Northwest wheat
May 22, 2013 on Page A11 Soft white Cash bid Change May 7.55-7.71 down 0.05-0.05 June 7.65-7.76 down 0.05-0.05 Hard red winter (ordinary percent protein) Cash bid Change May 8.59-8.62 down 0.07-0.17 Hard red winter (11.5 …
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Spokane County jobless rate falls to 7.7%
May 21, 2013 The unemployment rate in Spokane County was 7.7 percent in April, down from 9 percent the previous month, the state Employment Security Department reported today. 18
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Camp, partners purchase Overbluff Cellars
May 21, 2013 on Page A8 Spokane businessman Mark Camp and two partners have purchased Overbluff Cellars, a South Hill craft winery. Camp is buying the winery with Darby and Jovanka McKee, both of Spokane, who … 1
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Yahoo buys Tumblr
May 21, 2013 on Page A8 SAN FRANCISCO – Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The … 1
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United putting 787s back into service
May 21, 2013 on Page A8 United Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane’s four-month grounding behind them. The flight from Houston … 3
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Economists optimistic on housing, consumers
May 21, 2013 on Page A8 WASHINGTON – Consumer spending is likely to pick up this year while government spending declines at a faster rate, according to a survey of business economists. The economists predict that … 2
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Tesoro acquiring Chevron pipelines
May 21, 2013 on Page A8 SAN ANTONIO – Tesoro Logistics LP said Monday that it will acquire Chevron Pipe Line Co.’s northwest products system for less than previously expected, citing a March diesel fuel spill …
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Northwest wheat
May 21, 2013 on Page A9 Soft white Cash bid Change May 7.60-7.75 unchanged-up 0.02 June 7.70-7.80 up 0.02-0.02 Hard red winter (ordinary percent protein) Cash bid Change May 8.65-8.78 up 0.08 Hard red winter (11.5 …
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Bellevue Square plans $1.2 billion expansion
May 20, 2013 BELLEVUE, Wash. (AP) — Developer Kemper Freeman plans a $1.2 billion expansion of his Bellevue Square, Bellevue Place and Lincoln Square hotel and shopping complex in downtown Bellevue, Wash. 24
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Celestial Selections stakes its claim to prom, wedding fashions
May 19, 2013 on Page E1 Don and Erlene Clifton’s business, Celestial Selections, is cruising through its busy time of year. The Spokane Valley couple has operated the wedding and prom-fashion retail store the past 13 … 1
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The Dirt
May 19, 2013 on Page E1 Value Village to relocate Savers Inc., based in Bellevue, will move the current Value Village in Spokane Valley later this year into the building that once housed the Old Country …
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BBB Tip of the Week: ZookaWare and deceptive practices
May 19, 2013 on Page E2 The Washington State Attorney General’s Office has entered into a settlement with software company ZookaWare and its owner, Carl Haugen, for allegedly engaging in unfair and deceptive practices over several … 1
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Business Beat
May 19, 2013 on Page E2 Have an item for Business Beat? Send it to businessbeat@ spokesman.com. Education
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Prepayment plans surface with increased home values
May 19, 2013 on Page E2 A financial planner once told me that people really did not concentrate on saving for retirement until they paid off their home mortgage. The reason was that discretionary income was … 1
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Week Ahead
May 19, 2013 on Page E2 Monday Basic Video: Exporting and Uploading – Presented by Tincan. This workshop will show you how to best compress your videos and share them online. 4-5 p.m., 1317 W. Second …
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Potential long-term growth makes Caterpillar smart buy
May 19, 2013 on Page E2 Caterpillar (NYSE: CAT), recently trading near its 52-week low, offers an opportunity to buy in at a good price and await the global economic recovery that will boost its stock …
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Puerto Rico struggles to revive coffee industry
May 19, 2013 on Page E6 SAN JUAN, Puerto Rico — Coffee production in Puerto Rico has hit the lowest level in the island’s history, leaving farmers and government officials worried about how to revive a …
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Facebook aims to be ‘social ad’ juggernaut
May 18, 2013 on Page A8 NEW YORK – It was supposed to be our IPO, the people’s public offering. Facebook, the brainchild of a young CEO who sauntered into Wall Street meetings in a hoodie, … 3
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Natural gas export plan OK’d for Texas
May 18, 2013 on Page A8 WASHINGTON – The Energy Department on Friday conditionally approved a Texas company’s proposal to export liquefied natural gas, only the second such project allowed to move forward amid a production … 2
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