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Mead company plans warehouse on Fancher

A nine-unit warehouse with 13,000 square feet of office space is being built in Spokane Valley, according to permits issued by the city.

Insurance company Northwest Mutual moving to Pinecroft

The Spokane office of Northwestern Mutual of the Inland Northwest is moving to a building currently under construction in Spokane Valley’s Pinecroft Business Park, just north of Mirabeau Park along the banks of the Spokane River.

The Spokane REI store is seen Friday at 1125 N. Monroe Street. (Tyler Tjomsland / The Spokesman-Review)

Bike helmets, ski goggles swept up in gun control debate

UPDATED: Fri., March 2, 2018, 5:05 p.m.

Public pressure against companies connected to the gun industry following last month’s school shooting in Florida has hit an unlikely target: REI, the outdoors co-op better known for its public lands advocacy, liberal return policy and annual dividend for customers.
Coins are displayed next to a Bitcoin ATM on Dec. 8 2017 in Hong Kong. (Kin Cheung / Associated Press)

Bitcoin heist: 600 powerful computers stolen in Iceland

UPDATED: Fri., March 2, 2018, 1:09 p.m.

Some 600 computers used to “mine” bitcoin and other virtual currencies have been stolen from data centers in Iceland in what police say is the biggest series of thefts ever in the North Atlantic island nation.

BlackRock adds pressure on gun makers to make changes

BlackRock, an investment firm that manages over $6 trillion in assets, says it is asking gun makers and retailers how they are responding to a high school shooting in Florida, a move that could add pressure on those companies to make changes.
White House senior adviser Jared Kushner listens as President Donald Trump speaks during a cabinet meeting Dec. 20, 2017 at the White House in Washington. (Evan Vucci / Associated Press)

SEC dropped inquiry a month after firm aided Kushner company

The Securities and Exchange Commission late last year dropped its inquiry into a financial company that a month earlier had given White House adviser Jared Kushner’s family real estate firm a $180 million loan.
A shopper heads into a J.C. Penney store Nov. 24, 2017 in Seattle. (Elaine Thompson / Associated Press)

J.C. Penney says it has cut jobs, offers muted outlook

UPDATED: Fri., March 2, 2018, 1:11 p.m.

Department store chain J.C. Penney says it has cut more than 300 jobs and reported disappointing sales at established stores for the quarter that includes the holiday season. It also delivered a muted outlook, and its shares fell 6 percent.
President Donald Trump speaks during a meeting with steel and aluminum executives in the Cabinet Room of the White House, Thursday, March 1, 2018, in Washington. From left, Roger Newport of AK Steel, John Ferriola of Nucor, Trump, Dave Burritt of U.S. Steel Corporation, and Tim Timkin of Timken Steel. (Evan Vucci / Associated Press)

Trump: “Trade wars are good, and easy to win”

President Donald Trump on Friday insisted “trade wars are good, and easy to win,” a bold claim that prompted pushback from a Nebraska Republican who quipped “kooky 18th century protectionism will jack up prices on American families.”

New analysis sees return of trillion-dollar budget deficits

UPDATED: Fri., March 2, 2018, 3:14 p.m.

Trillion-dollar budget deficits are returning next year, and $2 trillion-plus deficits are not far off in the wake of President Donald Trump’s tax cuts and last month’s big budget deal, a private group warned in a new analysis Friday. employee Jason Miller works at his desk with his three-legged German shepherd, Kasha, Thursday, March 1, 2018, in downtown Spokane. (Dan Pelle / The Spokesman-Review) finds second home in pet and tech-friendly Spokane

When Seattle-based set out to find the next spot to launch a second office, among its top qualifications were a growing tech-savvy talent pool to draw from and a diverse and pet-friendly community. Spokane quickly fit the bill.
Bags sit on a belt at Delta Air Lines baggage claim in Hartsfield-Jackson Atlanta International Airport in Atlanta on Jan. 30, 2017. (Associated Press)

States seek to lure Delta as Georgia moves ahead on threat

UPDATED: Thu., March 1, 2018, 4:16 p.m.

Some states are taking advantage of a dispute between Georgia and Atlanta-based Delta Air Lines over the company’s decision to cut ties with the National Rifle Association, urging the airline to relocate.
Aman walks towards the New York Stock Exchange on Aug. 24, 2015. (Associated Press)

Stocks sink after Trump announces plans for steel tariffs

UPDATED: Thu., March 1, 2018, 2:27 p.m.

U.S. stocks sank sharply in another dizzying day of trading after President Donald Trump promised stiff tariffs on imported steel and aluminum, which investors feared could lead to retaliation by other countries and higher
In this March 15, 2017,  photo, an Uber car drives through LaGuardia Airport in New York. (Seth Wenig / Associated Press)

Uber starts offering rides to the doctor

Uber is driving deeper into health care by offering to take patients in every U.S. market where it operates to their next medical appointment.
Federal Reserve Chairman Jerome Powell takes his seat before making the semiannual monetary policy report to the Senate Banking Committee, Thursday, March 1, 2018, on Capitol Hill in Washington. (Jacquelyn Martin / Associated Press)

Markets trying to judge level of Powell’s optimism

Federal Reserve Chairman Jerome Powell had a smooth public debut in his new job as head of the nation’s central bank. But investors want to know whether he is really as optimistic about economic prospects as he appeared to be.