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Sam Bankman-Fried sentenced to 25 years in prison

UPDATED: Thu., March 28, 2024

A federal judge sentenced former cryptocurrency mogul Sam Bankman-Fried to 25 years in prison Thursday, less than what prosecutors wanted for what they called his “massive” financial crimes, but far more than defense lawyers sought. He was also ordered to pay more than $11 billion.

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Why Washington’s farmworkers are disappearing

UPDATED: Fri., March 29, 2024

While there's plenty of work to be done in Washington's fields, orchards and berry rows, farmworkers are becoming increasingly rare in the Evergreen State.

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Home Depot pays $18.25 billion for SRS Distribution to expand contractor sales

UPDATED: Thu., March 28, 2024

The Home Depot said Thursday that it will pay $18.25 billion for Texas-based SRS Distribution to expand its business with the professional residential builder and remodeler.

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Tesla’s $25,000 car means tossing out the 100-year-old assembly line

UPDATED: Thu., March 28, 2024

Tesla Inc. has a plan to fend off cheaper competition from China with a $25,000 electric car. But first it has to overhaul a 100-year-old manufacturing process pioneered by Henry Ford.

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How record cocoa prices could affect your wallet and your Easter basket

UPDATED: Thu., March 28, 2024

In candy aisles this week, last-minute Easter shoppers are in for another round of sticker shock as cocoa prices skyrocket to historic levels.

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Key gauges of US economy advanced at healthy clip to end 2023

UPDATED: Thu., March 28, 2024

The government’s two main measures of U.S. economic activity posted strong advances at the end of last year, pointing to an economy that’s still expanding at a healthy clip.

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Secondhand clothing sales sizzle with inflation-fatigued consumers, ThredUp report shows

UPDATED: Wed., March 27, 2024

The U.S. secondhand apparel market grew seven times faster than the broader retail clothing market last year, according to a widely followed annual report on the state of the resale market.

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‘Bigger than the Super Bowl’: Americans are spending big on eclipse tourism

UPDATED: Wed., March 27, 2024

For those hoping to catch a glimpse of the total solar eclipse in April, there’s no shortage of options. Six Flags Over Texas is hosting a “Solar Coaster” viewing party. Holland America has a 22-day Solar Eclipse Cruise. And after filling up one path-of-totality flight, Delta Air Lines has added a second, promising unadulterated views from “extra-large” windows. But almost everything is sold out.

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Hulu on Disney+ launched Wednesday. What you need to know

UPDATED: Wed., March 27, 2024

Subscribers of both Disney+ and Hulu can now access Hulu content through the Disney+ app, as the Burbank media and entertainment giant launched its one-app integration of the two streaming services Wednesday.

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Thank God It’s … Thursday? These companies have embraced the four-day work week

UPDATED: Wed., March 27, 2024

Software engineer Julian Plotnick made a pitch to his company’s CEO last year: Let me work one less day per week, 32 hours total, without a cut in pay. The answer was yes, and after six months of Plotnick testing it out, the Philadelphia consulting firm Metropolitan Acoustics is working on transitioning its entire 12-person staff to a four-day work week.

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Biden’s biofuel push risks dethroning corn as king of US crops

UPDATED: Wed., March 27, 2024

American farmers will plant more corn than soybeans in 2024 — as they have in most years for over a century. But beyond that, a green diesel boom threatens to dethrone the king of all crops.

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Krispy Kreme doughnuts are coming to McDonald’s

UPDATED: Wed., March 27, 2024

McDonald’s will offer Krispy Kreme doughnuts across the United States by the end of 2026, after a “successful test” at more than 160 of its restaurants in Kentucky and Indiana, the two companies said.

News > Local business

Why did Utah women’s basketball have to stay in Idaho for the Spokane NCAA games? Questions swirl after team’s racial harassment in Coeur d’Alene

UPDATED: Wed., March 27, 2024

There are 7,058 hotel rooms in 49 hotels in Spokane County, according to Cherie Gwinn, senior director of events for Spokane Sports.

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Fed’s operating losses swelled to record $114.3 billion in 2023

UPDATED: Tue., March 26, 2024

The Federal Reserve’s expenses exceeded its earnings in 2023 by $114.3 billion, its largest operating loss ever, forcing the US central bank to forgo remittances to the Treasury as interest rates remain elevated.

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UPS sees sales, profit growth coming out of ‘difficult’ 2023

UPDATED: Tue., March 26, 2024

United Parcel Service Inc. expects sales and profit to grow over the next three years as the courier overcomes soft demand for package delivery coming out of the pandemic.

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Summer pump prices set to hit $4 a gallon just as Americans hit the road

UPDATED: Tue., March 26, 2024

US pump prices are likely to climb to the highest since the summer of 2022 - to $4 a gallon - as oil rises amid supply concerns, according to the AAA automobile club.

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Rite Aid nears sweeping creditor deal to avoid liquidation

UPDATED: Tue., March 26, 2024

Rite Aid Corp. is nearing a deal with key bondholders and other creditor groups that will allow the pharmacy chain to avoid a liquidation, according to people with knowledge of the matter.

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Amazon expands same-day prescription drug delivery to NYC, LA

UPDATED: Tue., March 26, 2024

Amazon.com Inc. is expanding same-day delivery of prescription medication to New York City and the greater Los Angeles area, allowing customers to receive drugs for the flu, diabetes and other conditions within hours.

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Elon Musk’s Starlink terminals are falling into the wrong hands

UPDATED: Tue., March 26, 2024

SpaceX’s Starlink touts its high-speed internet as “available almost anywhere on Earth.” In the real world, its reach extends to countries where Elon Musk’s satellite-enabled service has no agreement to operate, including territories ruled by repressive regimes. A Bloomberg News investigation identified wide-spanning examples of Starlink kits being traded and activated illegally. How they are ...

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Big new contracts push pilot pay at American and Southwest to soaring altitudes

UPDATED: Mon., March 25, 2024

While being a commercial airline pilot isn’t a typical 9-5 job, it sure does bring home the big bucks. Recent contracts have pushed the average pay for a captain flying on an airline’s largest aircraft to $348,252, according to aviation consultant Kit Darby. That’s a 31.2% average increase under the new contracts at major airlines. That’s been a big push over the last several years as airlines ...

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