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The Spokesman-Review Newspaper The Spokesman-Review

Tuesday, April 23, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: business


Canadian Dollar Skittish

Protracted political disarray in Italy and France drove foreign exchange investors to the safety of the German mark again on Monday, extending the dollar’s loss against the mark to 2.5 …


Dairy Owner Sentenced For Tax Evasion

Michael Cameron, the former owner of Foremost Dairies in Spokane, has been sentenced to 21 months in jail for tax evasion and ordered to pay $2.2 million to U.S. Bank, …


Glickman Seeks To Shape Farm Bill Ag Secretary Sets Up Hearings To Counter Gop

Agriculture Secretary Dan Glickman will have plenty of takers for the shadow farm bill hearings he plans to hold next week. The first reason is simple. All hearings abhor a …


But What Of The Bohemians?

The French cafe, the soul of the sidewalk for more than three centuries, is fighting for survival in a society no longer willing to sit and watch the world go …


Sunshine Deal Would Settle Suits

Sunshine Mining & Refining Co. said Monday that it has reached agreements with its three largest preferred shareholders to convert all preferred shares into common stock in a deal that …


Labor Candidates Agree On Enemy Despite Leadership Fight, Afl-Cio Focuses Anger On Gop

AFL-CIO presidential hopeful John Sweeney, who is expected to useat Thomas Donahue, walks the convention floor in New York Monday. Photo by Associated Press


New Stores Keep Carnegie Square Looking Lively

When Seattle-based Pande Cameron pulled out four months ago, knowledgable downtowners swallowed hard. This was no small loss. The upscale Oriental-rug merchant was the anchor tenant of the premier neighborhood-business …


Hardware Stores Soften Up Edges To Attract Women Large Retailers Realize Females Play Key Role In Home Improvement

Angy Smith admits that her efforts to “soften” hardware stores won’t go over well with all her customers. As manager of the tile and floor covering aisles at Home Depot’s …


Midwest Case Has Lessons In Bank Bid

Small shareholders of First Interstate Corp., the subject of a hostile takeover bid made last week by Wells Fargo & Co., might want to study the recent history of Wallace …


Farmers Rely On Off-Farm Income Average Farm Family Gets 16% Of Its Total Income From Farming

American farmers rely heavily on off-farm income to boost their average income to nearly the same level as that for all U.S. households, according to U.S. Department of Agriculture economists. …


Intel Reveals Plans For $3 Billion Expansion

Intel Corp. unveiled plans to spend more than $3 billion on three new factories Friday, becoming the latest example of the computer chip industry’s unparalleled spending spree to meet growing …


Cnn Won’t Carry Ads Against Cable Reform

Cable News Network, which on Thursday refused to carry commercials opposing a bill to deregulate the communications industry, had an important ally in Congress who wanted to squelch the ads …


Ex-Soviet Republics Order 5 Boeing Jets

The national airlines of Uzbekistan and Turkmenistan have ordered five jetliners from Boeing Commercial Airplane Group for about $381 million. Deliveries of two 767-300 extended range aircraft and a 757-200 …


Kodak Chief Presses Unfair Trading Gripe

Acknowledging there could be a backlash, the chairman of Eastman Kodak Co. made his first visit to Japan since lodging an unfair trading complaint against competing Fuji Photo Film Co. …


State Vineyards Rush To Harvest Big Crop

Yakima Valley grape growers are hoping they can get their late-maturing bounty off the vines before a hard frost hits. “The grapes are ripening very slowly,” said Roger Moe of …


Scandal Rocks Bank Criminal Charges Loom In Daiwa Trading Scheme

It was business as usual at the Rockefeller Center branch of Daiwa Bank Ltd. earlier this week, but a bond-trading scandal could expose the bank and its officers to criminal …


Lawsuit Says Callers Overcharged At&T; Accused Of Bilking Customers Out Of Billions

AT&T; Corp. is being accused in a lawsuit of bilking millions of residential long-distance customers by billing them billions of dollars for telephone time never used. AT&T; does not tell …


Southwest Lures Winter Travelers With One-Way Fares As Low As $19

Spokane travelers will be able to fly to Seattle, Portland or Boise for $19 one-way during a fare sale announced by Southwest Airlines Friday. The airline cut prices on 21-day …


Housing Starts Slip 0.1 Percent

Home building leveled off as summer ended, and analysts suggested the housing industry had stabilized at a relatively strong pace. Housing starts edged down a barely perceptible 0.1 percent in …


State Oks Proposed Creston Power Plant But Plunging Energy Prices Put Project On Hold For Now

(From For the Record of Saturday, October 21, 1995): A draft permit for the proposed power plant at Creston applies only to its air emissions, not the project as a …


Sterling Financial Earnings Plunge 44% In First Quarter

Sterling Financial Corp. Thursday reported that first-quarter earnings dropped 44 percent from the same period last year. Net income for the three-month period ended September 30 was $1.3 million, compared …


Angry Shareholders Grill Adm Brass Federal Probe, Anemic Stock Set Stage For Lively Exchange

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Donut Display Steals Center Stage

Dunkin’ Donuts aren’t usually seen at The Four Seasons, one of New York’s most elegant restaurants.


Sales As Soft As Sofas Chill Spirits At Furniture Show Embattled Industry Struggles To Emerge From Slump, Sees Signs Of Recovery

With consumer confidence down and retail sales soft, sponsors of the world’s largest furniture trade show are realistic about prospects and analysts are expecting few introductions of radical designs. About …


Mcdonnell Douglas Lands Big Jet Order

ValuJet Airlines announced Thursday it would buy 50 MD-95s, the new 100-seat airliner McDonnell Douglas is anxious to start building. The order, which includes options for 50 more planes, is …


Green Star Honors Nine Companies

Nearly 70 Inland Northwest companies are trying to come clean, participating in a new program that lets polluters seek help without the threat of government fines. Known as Green Star, …


Kaiser Posts Third Straight Profit As Expected, Earnings Decline From Pace Of Second Quarter

Kaiser Aluminum Corp. an nounced its third straight profitable quarter Thursday, but as the company predicted last month, third-quarter earnings declined from the second quarter. Kaiser reported net income of …


Blue-Chip Rally Pushes Dow To Record High

Blue-chip stocks shot to record highs in the final hours of trading Thursday, turning around a lackluster session in which investors mostly reacted to individual earnings reports. The Dow Jones …


L.L. Bean Takes Steps To Weather Slow Sales

Lower-than-expected fall sales and increased mailing costs have prompted L.L. Bean to institute a hiring freeze, cut operating budgets and delay a major expansion of its retail store. In an …


Buffett Sells Portion Of Stake In Salomon

Investors gave Salomon Inc. a vote of no confidence Thursday after Warren Buffett, the investment bank’s largest shareholder and recent rescuer, announced plans to partly cash out. Buffett, whose every …