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Bus Riders Charging Fares

The move toward a cashless society has taken a new turn in Phoenix, where Valley Metro bus riders can charge fares on their Visa or MasterCard. In the first two …


Drug Deal Goes Down Hoechst, Marion Merrell Dow Reach Agreement On $7.1 Billion Buyout

Kansas City, Mo.-based Marion Merrell Dow will merge with Hoechst AG of Germany in a deal struck Thursday. Photo by Associated Press


Tourism Firms Urged To Go On-Line Computer Database Enables Reaching Larger Audience

Tourism-dependent businesses looking to reach millions of potential customers need look no further than their personal computers. Kevin Arcel of on-line database company TravelFile touted the benefits of taking tourism …


Sneaker Giants Settle Price-Fixing Charges

Consumers could see more variety in the prices for Reebok and Rockport footwear as a result of the companies’ decision to settle price-fixing charges. The Federal Trade Commission announced a …


Silver Prices Reach $6 For First Time Since ‘88

Silver prices finally pushed over the $6 an ounce barrier Thursday, rising a hefty 14 cents on the New York Comex spot market to close at $6.10. The last time …


Weakening Economy Slows April Retail Sales National Chains Disappointed By Lackluster Easter Results

Consumers kept their eye on the slowing economy during April, shopping hesitantly and leaving the nation’s big retailers with disappointing results for the Easter holiday. Sales figures released by the …


Veto Shakes Long-Distance Market Lowry Action Enables Phone Giants To Simplify Dialing Within State

A surprise veto by Gov. Mike Lowry is sitting around the capitol in Olympia like an unanswered, ringing telephone. Two weeks ago, Lowry rejected legislation that would have turned back …


Twa May Eliminate Cap On Commissions

TWA, one of the airline industry’s weakest carriers, may break ranks with rivals and scrap a three-month-old policy of limiting travel agent commissions. Such a move could benefit TWA by …


Housing Market Cools Considerably

The state housing market in the fourth quarter of 1994 cooled considerably from the previous year due to higher mortgage interest rates, according to the Washington Center for Real Estate …


Barton Buys Utter Dealerships Auto Dealer Outbids Rivals In Bankruptcy Court Auction

Barton Oldsmobile has outbid two rivals to win the right to acquire the assets of Utter Motor Co. and Utter Infiniti, downtown car dealerships that filed for bankruptcy in April. …


Qantas Orders Five Boeing Jets

Qantas Airways Ltd. said Wednesday it has ordered five new jet airliners from The Boeing Co. Qantas ordered from Seattlebased Boeing three 737-400s and two 767-300ERs, valued at a total …


Southwest Launches Service To Boise

Southwest Airlines initiates its service from Spokane to Boise today, adding three flights to its schedule of departures from Spokane International Airport. The Boise flights, which continue to Reno and …


Hecla Mining Trims First-Quarter Loss

Hecla Mining Co. Wednesday posted lower losses in the first quarter of 1995 than it had in the same period last year. The mining company lost $4.5 million, or 9 …


Passing Mustard Makers Of Gourmet Mustards Spread Their Tasty Condiment Across Eastern Washington

1. Cecile Costa with the commercial mixer she uses to make Cecile’s Mustard in her basement. 2. Shirley Donoian (left) and Susan Hunt teamed up to produce the Mustard Mania …


Washington Mutual Absorbs Olympus

Washington Mutual has completed a $51 million takeover of Olympus Capital, a federal savings bank with nine branches in Utah and two in Montana. The Olympus locations will remain open …


Iran Embargo May Backfire, Experts Say

The biggest losers from the U.S. economic embargo of Iran will be American companies, and the big winners will be their foreign competitors, economists predict. Iran stands to gain too, …


Spokane Firms Make Top 150 List

Fourteen Spokane-area companies are among the 150 largest private enterprises in the state of Washington, according to the May issue of Washington CEO magazine. The list is prepared by the …


Four Firms Agree On Mine Clean-Up

Four companies have agreed to a multi-million-dollar pact with the state and federal government to clean up the Blackbird Mine near Salmon. The Idaho attorney general’s office said the consent …


Hagadone Plans Holiday Inn Project

Hagadone Hospitality will expand its Holiday Inn property here this fall and add 8,000 square feet of convention space. Construction on the improvements will begin after Labor Day, according to …


Egghead To Shift Jobs To Spokane Will Close Customer-Service Centers In Kalispell And Issaquah

Egghead Software said Monday it will close customer-service centers in Kalispell, Mont., and Issaquah, Wash., and move them to its Spokane Solutions Center. The move eliminates 250 jobs in those …


Paint Earns Dutch Boy A Plug

Dutch Boy Paints, a subsidiary of Cleveland’s Sherwin-Williams Co., is donating about $75,000 worth of paint and expertise to recoat the famous, and oh-so-recognizable, “HOLLYWOOD” sign on the hillside above …


Incomes And Spending Increase In March Farm Subsides Boost Incomes; Spending Shows Economic Expansion Isn’t Running Out Of Steam

Boosted by farm subsidies, the income of Americans rose more strongly in March than it had in two months and spending nearly kept pace. The Commerce Department said Monday that …


Mobil To Eliminate 4,700 Jobs In Layoff

Mobil Corp. will eliminate 4,700 jobs in a worldwide restructuring aimed at keeping it competitive with other big oil companies that have drastically reduced their payrolls and costs. Mobil said …


Dollar Mixed In Light Dealing

The dollar finished mixed against other key currencies in thin dealings Monday amid pessimism about the U.S.-Japan auto trade talks and further signs of a slowing economy. The dollar fell …


U.S., Japan Resume Automobile Trade Talks But Pact Will Be Difficult To Conclude

The United States and Japan Monday resume talks on automotive trade, but Japanese officials doubt an agreement can be concluded by the end of the week because of U.S. insistence …


First Interstate To Buy Back Stock

First Interstate Bancorp will buy back 10 percent of its common stock over the next few years, William E.B. Siart announced Monday on his first day as chairman of the …


Profit-Taking Subdues Stock Market

The stock market crawled through a subdued session to a lower close Monday although rising oil prices perked up energy issues. Profit-takers took charge in the market but Wall Street’s …


Antilles Merger Deal Is Threatened

A proposed merger between Antilles Resources of Spokane and American Coppermine Resources Ltd. of Canada has stalled. Shareholders of Antilles were to have traded every three shares they own for …


Newmont Gold Brings High-Tech To Uzbekistan Joint Venture Will Mine Ores Once Considered Uneconomical

Newmont Gold Co. plans a major inroad into the former Soviet Union as it braces to inaugurate a $225 million gold-mining operation in Uzbekistan. It is believed to be the …


Micron Plant Payroll May Top $200 Million

The silicon-wafer manufacturing plant that Micron Technology Inc. plans to build in Lehi should have a payroll of more than $200 million. Vice President of Operations Kenneth G. Smith, who …