Washington's pension fund reserves will get a $11.7 million boost from a settlement announced today by Treasurer James McIntire.The agreement with State Street Bank resolves a dispute over foreign exchange transactions executed between 1997 and 2007, when the bank had custody of funds managed by…
Idaho home prices tumbled 14 percent between August 2009 and August 2010, the worst depreciation in the country, according to business information provider Core Logic.In Washington, prices fell 5.1 percent eighth worst in the United States. Oregon ranked fourth, with a 6.3 percent decline.Spokane homes…
Starting last week, many of the Spokane Redbox kiosks have begun renting videogames in addition to recent movies.A company release said 90 Spokane kiosks are part of a Redbox test to determine the popularity of the games. Spokane-area consumers can rent a variety of videogames…
We've made a few attempts to single out notable area business websites. Today we'll go a different direction, doing a sample stream of Twitter messages keyed to the term "Spokane business." Got any other streams or business lists you think are relevant? Please send them…
Did Spokane get anywhere near being chosen by Google in its much-publicized plan to deploy fiber networks in some lucky metros?We wondered about that, so we contacted the Mountain View company and asked about Spokane's chances of being one of the locations chosen. (Photo shows…
For fans of high-end discount shopping, the news is Nordstrom's Rack will reopen on Oct. 28 at 10 a.m., at the Spokane Valley Plaza. It's filling 30,000 square feet next to Old Navy (in the building due west of the west side entrance to Spokane…
It's been all of two weeks since we last went lady-gaga about Apple opening a retail store in downtown Spokane. So it's time to once again bow down to the Lord of Cupertino.During the company's recent earnings call, Steve Jobs noted that retail store foot…
Spokane International Airport directors today unanimously voted to pass a $60.3 million 2011 budget along to Spokane County and the City of Spokane for approval.The budget, split $28 million for operations and $32.3 million for capital expenditures, is five percent higher than the 2010 budget,…
The new North Division Huppin's store formally opens tomorrow, Oct. 20, at 10 a.m.The newly remodeled location, at 8016 N. Division, will feature plenty of HDTVs, cameras, audio gear, camcorders, headphones and home theater systems.It will also start selling Apple products. Huppin's President Murray Huppin…
We mentioned last week that the Nectar Tasting Room, opening in downtown Spokane this fall, will feature five area wineries. Company founder Josh Wade didn't have those wineries lined up when we first posted the mention.Now he has. The five wineries are:Kirkland-based Northwest Cellars.Anelare Winery…
The unemployment rate in Spokane County fell to 8.2 percent in September as employers added another 1,220 workers.Employment in the county has increased by more than 2,000 since September 2009.The improving employment picture locally, the rate was 8.8 percent in August, contrasts with that for…
The economic vitality of Northwest cities has tumbled in the last year, according to new rankings by the Milken Institute.The exception in the 2010 index of Best-Performing Cities was the Tri-Cities, which climbed to fifth among the 200 rated by job, income and output growth,…
General Motors is banking on electric vehicles. Its all new Chevrolet Volt is being rolled out for initial tests and trial runs, and the American consumer is starting to pay attention. The Volt will make its official debut later this year. In 2011 the Nissan…
Washington employers have not paid unemployment taxes for 11,485 workers so far in 2010, triple the number for the first three quarters of 2009, the Employment Security Department reported today.Auditors found $196 million in unreported wages and $2.12 million in unpaid taxes, the depatment said,…
Washington state's minimum wage will increase by 12 cents -- to $8.67 an hour -- on Jan. 1.The wage is tied, by a citizen initiative, to the the Consumer Price Index. Since inflation was flat the previous year, no increase occurred in 2011.The most recent…
What was once the Agilent Technologies company campus has become the Meadowwood Technology Office Park. It's at 24001 E. Mission in Liberty Lake. Developer Jim Frank is converting the tech office-manufacturing center into a cluster project focusing on growing area companies.Your chance to get a…
Greater Spokane Incorporated is sponsoring Social Media 101: Engaging Social Media for Beginners and Skeptics. It runs from 8 to 9:30 a.m. on Oct. 21 at the GSI office, 801 W. Riverside. Presenters will be Andrei Mylroie and Emily Easley of Desautel Hege Communications. It's…
Gonzaga University is hosting an all-day Family Owned Business Seminar, running 8 a.m.--5 p.m. on Oct. 18.It's at the Jepson Center on the GU campus. The session will focus on strategies and steps to follow for families needing to keep a business going and planning…
Foreclosure rates increased in Spokane and Kootenai counties during the third quarter of 2010, but filings fell in September compared with 2009, according to a national real estate research company.RealtyTrac said 727 Spokane properties received a notice of trustee sale, or were taken over by…
Gonzaga University associate electrical engineering professor Steve Schennum has received a $1.1 million federal grant to work on improving the reliability of wireless networks.The money, from the National Science Foundation, is the largest federal grant GU has received, the school noted.Part of Schennum's research will…
The new Huppin's Hi-Fi, Photo & Video location, on North Division, will have a ribbon-cutting ceremony the morning of Nov. 5. The store is an upgraded version of the company's downtown retail location. Interactive displays and demonstrations of digital products and home entertainment systems will…
Jeanette Hamilton has been named the new general manager of the downtown Spokane food co-op, Main Market Cooperative, at 44 W. Main.In May of this year the market's board made Hamilton its interim GM. The co-op launched in early 2010 and has revised its business…
Home sales in Spokane County last month fell to their lowest level since February, and pending sales were lower still, according to figures released today by the Spokane Association of Realtors.Buyers took title to 317 residential properties, down almost eight percent from August and more…
Sagle, Idaho couple Scott and Julie Brusaw are the first winners in the GE Ecomagination Challenge, and collected a $50,000 award for a breakthrough idea to use solar panels to build "smart roads."Their Web pages are: www.solarroadways.com and here on Facebook.They were the people's choice…
Doug Kelley of Spokane was the first person to answer our awesome, totally difficult Spokane Catalyst Awards trivia contest. We wanted the name of any group other than TechNet that was promoting tech and economic development, back in the mid-1990s, when the awards were launched.…