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Monday, March 18, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: business

Lyft opens up its IPO road show, offers 30 million shares

Lyft officially kicked off the road show for its initial public offering with 30 million shares expected to sell for between $62 and $68 per share.

UPDATED: Mon., March 18, 2019, 2:39 p.m.

Fed set to signal no expectation of rate increases anytime soon

Noting risks, Fed is likely to signal no expectation of rate hikes in the coming months.

UPDATED: Mon., March 18, 2019, 4:45 p.m.

Most Amazon brands are duds, not disrupters, study finds

Most Amazon-branded goods are flops that don’t threaten other businesses at all, according to Marketplace Pulse.

Facebook says service hindered by lack of local news

Facebook’s effort to establish a service that provides its users with local news and information is being hindered by the lack of outlets where the company’s technicians can find original …

UPDATED: Mon., March 18, 2019, 1:52 p.m.

Warner Bros.’ Tsujihara steps down following scandal

Warner Bros. chief Kevin Tsujihara is stepping down after claims that he promised acting roles in exchange for sex.

UPDATED: Mon., March 18, 2019, 2:15 p.m.

IHOP to open 19 restaurants in Pakistan

IHOP plans to open its first location in Pakistan by the end of the year, part of the American pancake restaurant’s efforts to seek new revenue abroad.

Former United Auto Workers VP charged in corruption probe

A former vice president at the United Auto Workers has been charged with conspiracy in a scheme with Fiat Chrysler to buy meals, golf and other perks with money from …

Apple refreshes iPad lineup, with larger entry-level model

Apple has unveiled a new iPad that’s thinner and slightly larger than its current entry-level tablet.

The Dirt: More apartments at Knickerbocker slated for renovation

The work on six units of the Knickerbocker Apartments, 507 S. Howard St., will install new showers, new kitchen cabinets and update the apartments’ electrical wiring.

A hot U.S. job market is coaxing people in from the sidelines

The growth in America’s workforce – made up of people either working or looking for work – has helped reverse an alarming consequence of the recession: The exit of millions …

Virginia county approves incentives for Amazon HQ

Protesters repeatedly shouted “shame” as a northern Virginia county board on Saturday unanimously approved a $23 million incentives package for Amazon to build a new headquarters there.

Business Beat

Banking Horizon Credit Union has hired Wendie Ellis as director of payment services. Ellis previously was assistant vice president of loan administration at Numerica Credit Union, and has more that …

Motley Fool: The House of Mouse

Walt Disney (NYSE: DIS) recently kicked off a new fiscal year with an earnings decline because of an unusually weak movie-release schedule. But 2019 is looking up.

Week Ahead

Conventions 2019 Annual Conference - Music Teachers National Association, today-Wednesday, Spokane Convention Center, 2,000 attendees.

Tom Kelly: Does a life estate have cash value?

What, exactly, is a life estate? Does it have any value? The question surfaced recently when the stepmom of three siblings talked about the possibility of moving into an assisted-living …

Nerd Wallet: Can your employer cure your money woes?

Employers are targeting debt-related financial stress through benefits that help with emergency loans, student loan repayment and medical bills.

Local Mathnasium franchise to open second location in Spokane

A second location for an international chain of math learning centers is opening in Spokane, according to permits issued by the city.

BBB Tip of the Week: BBB Risk Report 2018

Employment scams were the riskiest con for consumers of 2018, according to the latest report from the Better Business Bureau.

More apartments at Knickerbocker slated for renovation

The work on six units of the Knickerbocker Apartments, 507 S. Howard St., will install new showers, new kitchen cabinets and update the apartments’ electrical wiring.

UPDATED: Fri., March 15, 2019, 8:27 p.m.

Tokyo’s 2020 Olympics may become known as the ‘Robot Games’

Organizers of the 2020 Tokyo Olympics on Friday showed off robots that will be used at the new National Stadium to provide assistance for fans using wheelchairs.

UPDATED: Fri., March 15, 2019, 5:48 p.m.

Jury rules Apple owes Qualcomm $31M for patent infringement

A jury has decided Apple should pay $31 million in damages for infringing on patents for technology owned by mobile chip maker Qualcomm that helps iPhones quickly connect to the …

UPDATED: Fri., March 15, 2019, 8:25 p.m.

SEC charges Volkswagen, former CEO with defrauding investors

The SEC said that between April 2014 and May 2015, Volkswagen issued more than $13 billion in bonds and asset-backed securities in U.S. markets when senior executives knew that more …

UPDATED: Fri., March 15, 2019, 6:20 p.m.

EPA bans consumer use of deadly paint stripper, in rare step

The Environmental Protection Agency is banning consumer sales of a deadly paint stripper after personal appeals by families of men killed by the product.

LL Bean pleased with 2018 performance, awards bonuses

L.L. Bean enjoyed a small increase in sales in the past year, enough so that it’s restoring bonuses for its 5,400 eligible workers, officials said Friday.

DirecTV to hike prices after owner AT&T promised cheaper bills

AT&T Inc. is increasing prices on its pay TV services for the second time since January, even after telling a judge during the U.S. antitrust trial last year that prices …

UPDATED: Thu., March 14, 2019, 4:24 p.m.

U.S. average mortgage rates fall; 30-year at 4.31 percent

U.S. long-term mortgage rates fell this week, with the benchmark 30-year home loan reaching its lowest level in more than a year as a potential inducement to homebuyers.

UPDATED: Thu., March 14, 2019, 4:17 p.m.

Huawei pleads not guilty in U.S. court in Iran sanctions case

Lawyers for the Chinese electronics giant Huawei have entered a not-guilty plea in a U.S. case charging the company with violating Iran trade sanctions.

Black workers at UPS hub say they were targets of racism

UPS workers at a distribution hub in Ohio are suing the company over what they say has been a series of racist acts and discriminatory hiring decisions.

UPDATED: Thu., March 14, 2019, 5:13 p.m.

Clue linking mysterious Boeing 737 Max disasters came from space

A new satellite network capable of tracking planes in high fidelity across the globe captured the flight path of the Boeing Co. 737 Max that crashed Sunday. The data was …

UPDATED: Thu., March 14, 2019, 3:53 p.m.

Facebook says outages due to ‘server configuration change’

Facebook went down for almost a full day across parts of North America and Europe, but it’s still not saying exactly what happened.