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Friday, February 15, 2019  Spokane, Washington  Est. May 19, 1883
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News >  Business

Boeing invests in advanced supersonic business jet

UPDATED: Tue., Feb. 5, 2019, 2:59 p.m.

The deal with Reno, Nev.-based Aerion should accelerate technology development and design of Aerion’s planned AS2 supersonic business jet, a sleek, needle-pointed design concept that resembles a small version of the Anglo-French supersonic Concorde.
News >  Business

Ag Expo to open as Washington farmers continue to face economic uncertainty

UPDATED: Mon., Feb. 4, 2019, 7:05 p.m.

The wheels, all 6 feet, 6 inches of them, are polished on the shiny new John Deere R4045 sprayer, which is about two stories tall and can extend its arms to spray 120 feet of field in a single pass. But the massive new piece of equipment may be a tough sell as many farmers face an uncertain market after an economic roller coaster 2018.
News >  Business

Five reasons why autonomous cars aren’t coming anytime soon

UPDATED: Tue., Feb. 5, 2019, 7:12 p.m.

In the world of autonomous vehicles, Pittsburgh and Silicon Valley are bustling hubs of development and testing. But ask those involved in self-driving vehicles when we might actually see them carrying passengers in every city, and you’ll get an almost universal answer: Not anytime soon.
News >  Business

Business Beat

Banking Northwest Farm Credit Services has announced four changes in the company’s staff. Allie Allen, previously AVP-credit officer at the company’s Salem branch, has been promoted to assistant vice president-lending and insurance. Ben Holling, who was previously vice president-credit, has been named senior vice president-credit. Erien Preus has filled the vice president-credit position, after serving as internal auditor at the company’s location in Spokane. Brandee Sink, previously with NAU Country Insurance Co. in Missoula, has been hired as assistant vice president-corporate insurance services.
News >  Business

CEOs of Seattle area’s biggest companies: We need more housing for the middle class

The CEOs of the Seattle metro’s largest businesses – from Amazon and Boeing to Starbucks and Nordstrom – are pushing for more housing for middle-income workers at a time when professionals like nurses, teachers and cops are increasingly being priced out and new housing is aimed mostly at higher earners. Challenge Seattle, a group of 17 local CEOs led by former Gov. Christine Gregoire, released a report Wednesday that amounts to a call for action on more housing aimed at households making between $54,000 and $108,000 (or less for individuals). The group also includes the chief executives of Microsoft, Costco, Zillow, Weyerhaeuser, Alaska Airlines, Expedia and the Bill & Melinda Gates Foundation, among others.