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The Spokesman-Review Newspaper

Sunday, January 20, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: business


Hewlett-Packard Sees Strong Earnings

Hewlett-Packard Co.’s fiscal third-quarter, per-share earnings are expected to rise almost 34 percent amid an increase in sales of printers and computers, analysts said. Revenue from sales of personal computers, …


They Kept The Cheese And Sold The Caramels

In a deal that touches the taste buds of several generations, Kraft Foods Inc. will sell the business that makes its familiar cube-shaped caramels. An investment group made up of …


Sports Vs. Sex: Readers Will Take The Former New-Magazine Boom Continues With Number Hitting Record 832

Sports bumped sex from the top spot in America last year, at least in magazine publishing. Some 67 new sports magazines were launched last year, leading a rush of 832 …


Ace Hardware At Otis Orchards Opens Monday

An Ace Hardware store, the anchor tenant of a new strip mall project in Otis Orchards, opens Monday. Harvard Plaza will also be the home of Dinky Dudds, a children’s …


Economy Sluggish; Inflation Easing

The economy is sluggish in many parts of the country and inflation pressures are easing, the Federal Reserve reports in its latest survey of regional conditions. In a mixed picture …


Rockford Grain Sells For $1.9 Million

One year after announcing the sale, Cenex Supply & Marketing Inc. has paid about $2 million for the assets of Rockford Grain Growers Inc. south of Spokane, county real estate …


Egghead Planning Store At Lincoln Rd., Division

Egghead Software will open its first Spokane retail store next month at the corner of Lincoln Road and Division. Ron Smith, Egghead vice president of real estate, said the company …


Union Seeks More Clout At Us West

The Communications Workers of America is seeking the right to organize non-union US West Inc. employees in divisions such as cellular and broadband as part of a new contract, a …


United Security Doubles Earnings

United Security Bancorporation reported earnings of $1.2 million, or 50 cents per share, in the second quarter ended June 30. That compares with earnings of $529,000, or 35 cents per …


Major French Fry Breakthrough?

In the battle of the burger chains, McDonald’s has long controlled the french fry front. But Burger King is launching an all-out potato assault. The Miami fast-food chain is testing …


Gm Will Spin Off Eds Subsidiary

Electronic Data Systems Corp.’s information management center in Plano, Texas, serves as the network command site for managing the company’s systems in more than 40 countries. Photo by Associated Press


Title Firm Fights State’s Suspension

Spokane County Title Co. will request a hearing before Washington Insurance Commissioner Deborah Senn to contest an order imposing a six-month suspension on the company’s title business, owner John Schreiner …


Sbc Is First Bell To Settle Contract

Southwestern Bell Telephone Co. reached agreement Monday with a union representing most of its employees, becoming the first of five regional Bell companies with negotiations under way to do so. …


Feds Keep Close Watch On Markair

As MarkAir Inc. slowly returned its planes to operation Monday, federal officials admitted they have been monitoring the carrier a little more closely because of its bankruptcy filing. “We’ve been …


Longshoremen Hold One-Day Walkout

West Coast longshoremen staged a 24-hour work stoppage Monday, but their union was as silent as the docks about the reason for the walkout. Whatever the dispute was, it apparently …


Boeing Backs Trade Status For China Company Wants Most Favored Nation Status Of Major Customer To Be Permanent

The Boeing Co. wants the United States to grant permanent mostfavored-nation trading status to China, one of the aerospace giant’s biggest customers, according to a top company executive. “We don’t …


Army Of Experts Readies Windows 95 Aid Plan Microsoft Prepares To Help Legions Of Customers Deal Quickly With Glitches Over The Phone

Microsoft Corp. is bracing for the flood. Recalling the overwhelming tidal wave of calls after it released Windows 3.1, Microsoft is determined that no customer with a question will have …


Archer Daniels Fires Executive, Levies Charges

Archer Daniels Midland Co., the target of a criminal antitrust investigation, said Monday it has fired the executive who turned informer for the FBI and secretly recorded several executive meetings. …


Ibm Reorganizes Consumer Division

Acknowledging one of its weakest areas, International Business Machines Inc. said Monday it will refocus its efforts to take advantage of demand for home computers and related products. IBM named …


Speculation Boosts Dollar

The dollar hit a 3-1/2-week high against the mark Monday, rallying on currency trader speculation that Germany’s central bank would cut interest rates later this week. Against the yen, the …


Stocks Inch Up In Sluggish Market

Stocks finished modestly ahead Monday after drifting through an uneventful session. Investors were hesitant to make big moves in the market while awaiting a heavy schedule of U.S. Treasury borrowing …


Simplot Completes Largest Acquisition

J.R. Simplot Co. has accomplished its largest acquisition ever, which expands the $2 billion Idaho agribusiness by about 23 percent. Simplot has bought several food businesses, with combined revenues of …


Boeing Opens Talks With Machinists

The Boeing Co. and its largest union opened contract talks Friday with the production workers more concerned than ever about job security. The scenario this time around for the tri-annual …


Phone Companies Preparing For Strike

Four regional telephone companies are readying management to take over operations in the event of a strike by more than 164,000 unionized workers at midnight Saturday. “We are not very …


Mining Law Reform Hits A New Snag Prospects For Action Fade As Lawmakers Rush To Recess

Initial enthusiasm for mining reform by the Republican-controlled Congress has waned to the point that some give even odds on whether any bill passes this year or next. The industry …


Dispute With Texas Hospital Settled

A lawsuit between Wismer Martin and one of its major customers has been settled out of court. Company officials failed to disclose the suit in a June registration statement with …


Wismer Martin Boosts Proposed Stock Offering Software Company Struggles To Satisfy Lender’s Demands

Amid growing financial pressures, Spokane-based Wismer Martin Inc., has increased its proposed stock offering from 2 million to 3 million shares. Under orders by Seafirst Bank to raise $1 million …


Merger Spree Accelerates Price Of Weeklong Binge Reaches Nearly $30 Billion

This week’s merger spree brought mostly smiles to the faces of those involved, including Disney’s Michael Eisner and Capital Cities’ Thomas Murphy, above, and Union Pacific Chairman Drew Lewis, below. …


Sluggish Factory Sector Drives Up Jobless Rate National Unemployment Rises A Notch To 5.7 Percent

The nation’s unemployment rate crept up to 5.7 percent in July as continued weakness in manufacturing and construction slowed the creation of new jobs. The Labor Department reported Friday that …


Slightly Smaller Crop Of Apples Expected

Washington state apple growers could harvest 84.2 million boxes of fruit this year, the second-largest on record, a pair of shipping organizations said. A combined report released Thursday by the …