Arrow-right Camera
The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Latest Stories

News >  Business

Biden signs pro-labor order in Michigan, dares a successor to undo it

SCIO TOWNSHIP, Mich. — Democratic President Joe Biden signed a pro-labor executive order in Michigan Friday, flexing his administrative powers in a bid to promote unions and worker benefits, while daring a successor to repeal the policy. The White House said the so-called "Good Jobs" order directs federal agencies to prioritize new labor standards, including voluntary union recognition, and ...

News >  Business

As strike looms, Boeing pushes 777 jets through chaotic production

For months, Boeing’s leadership has claimed repeatedly that slowing the pace of jet production and renewing the focus on inspections will ensure production quality. As a potential strike by 33,000 machinists looms next week, that’s not the reality mechanics see inside Boeing’s widebody jet plant in Everett, Washington. Managers there are currently pushing partially assembled 777 jets through ...
News >  Business

Mortgage rates declined last week

The average mortgage interest rate for a standard 30-year fixed mortgage last week was 6.38%, a decrease of 0.11 percentage points from the previous week’s 6.49%, according to Bankrate.
News >  Business

Motley Fool: This stock can deliver

Shares of United Parcel Service (NYSE: UPS) were recently down 24% from their 52-week high, as the delivery company wrestled with higher labor costs and revenue headwinds. Second-quarter revenue was slightly down compared to the year-ago quarter, as more customers opted for lower-priced shipping services. However, UPS is still a profitable business that pays an attractive dividend, recently yielding 5.1%.
News >  Business

Nordstrom family proposes taking its department store chain private

The Nordstrom family wants to take its namesake department store private in a $3.8 billion deal, the company confirmed Wednesday.The deal, led by chief executive Erik Nordstrom and his brother Pete Nordstrom, president and chief brand officer, proposes $23 per share in cash, slightly more than Tuesday’s close and less than its value as recently as mid-July.