Business

News > Business

Spokane area bankers say local businesses desperately need federal aid, clarified rules

UPDATED: Thu., Dec. 3, 2020

Local bankers working to secure financial lifelines for Spokane-area businesses say a new round of federal relief is desperately needed or the hardest hit companies will not survive until a COVID-19 vaccine becomes widely available.

News > Business

Feds accuse Facebook of discriminating against U.S. workers

UPDATED: Thu., Dec. 3, 2020

The Trump administration is accusing Facebook in a lawsuit of discriminating against U.S. workers in favor of foreigners with special visas to fill more than 2,600 high-paying jobs.

News > Business

WSU launches health science incubator to build, grow startups in Spokane

UPDATED: Thu., Dec. 3, 2020

Washington State University has launched a new incubator to grow early-stage health care and life science startup companies.

News > Business

Nestle to spend $3.6 billion on improving climate footprint

UPDATED: Thu., Dec. 3, 2020

Nestle, the world's biggest food company, said Thursday that it will spend 3.2 billion Swiss francs ($3.6 billion) over five years to improve its climate footprint.

News > Business

U.S. long-term mortgage rates edge lower; 30-year at 2.71%

UPDATED: Thu., Dec. 3, 2020

WASHINGTON — U.S. long-term mortgage rates edged lower this week, reaching record lows for the 14th time this year against the backdrop of the pandemic-ravaged economy.

News > Business

Ryanair gives Boeing a boost by ordering 75 more Max jets

UPDATED: Thu., Dec. 3, 2020

Irish budget airline Ryanair said Thursday it is ordering 75 more Boeing 737 Max jets, a boost for Boeing just before its most important plane returns to flying after two deadly crashes.

News > Business

Medical Lake thrift store director Anne Starr leads thriving nonprofit

Thu., Dec. 3, 2020

The Care and Share Thrift Store in Medical Lake has served both regular shoppers who live in the community and those who come from Spokane and Coeur d’Alene to take advantage of special sales and get good deals on everything from dishes to winter coats.

News > Local business

Small business moves

Thu., Dec. 3, 2020

Jack LaSalle, barber – has joined Heads Up Barbershop in Spokane. LaSalle previously worked at Tom’s Barbershop in Spokane Valley. LaSalle can be reached at (509) 703-9598. Heads Up, owned by Barber Mitch Fitzgerald-Poe, is at 1010 W. Rosewood Ave. Contact: (425) 422-3898.

News > Business

Salvation Army needs volunteers to help ‘Rescue Christmas’

UPDATED: Wed., Dec. 2, 2020

The Salvation Army of Spokane needs volunteers, ages 18 and older, to help "Rescue Christmas," according to a news release.

News > Business

Waiting for passengers, American puts Boeing Max in the air

UPDATED: Wed., Dec. 2, 2020

American Airlines is taking its long-grounded Boeing 737 Max jets out of storage, updating key flight-control software, and flying the planes in preparation for the first flights with paying passengers later this month.

News > Business

Fed reports slowing U.S. economic activity due to virus surge

UPDATED: Wed., Dec. 2, 2020

WASHINGTON — A Federal Reserve survey of business conditions around the country found that economic activity in several regions slowed in November as coronavirus cases surged.

News > Business

Fed and Treasury urge Congress to approve more virus relief

UPDATED: Wed., Dec. 2, 2020

Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack a decision by Mnuchin to allow five Fed lending programs to expire during the pandemic.

A&E > Entertainment

Discovery’s reality-heavy streaming service launches in January

UPDATED: Wed., Dec. 2, 2020

Discovery is joining the increasingly crowded streaming fray with its own reality-focused service Discovery Plus that will include shows from the Food Network, HGTV, TLC and its other networks. It launches Jan 4.

News > Business

Washington state to boost Amazon workers’ compensation

UPDATED: Wed., Dec. 2, 2020

A labor agency in Washington state has announced that it will increase workers' compensation for Amazon fulfillment center employees, deeming the company's centers more hazardous than other types of warehouses.

News > Business

U.S. companies add fewer jobs than forecast, ADP data show

UPDATED: Wed., Dec. 2, 2020

Businesses' payrolls increased by 307,000 during the month, the smallest advance since July, after an upwardly revised 404,000 gain in the prior month, according to ADP Research Institute data released Wednesday.

News > Business

A year in 60 seconds: TikTok lists top videos, creators of 2020

UPDATED: Wed., Dec. 2, 2020

From skateboarding to Fleetwood Mac to learning Cardi B's rump-shaking choreography, TikTok users got creative in a pandemic year with new songs, dances and memes in 60 seconds or less.

News > Business

Report: Tech trends accelerated by COVID-19 pandemic likely here to stay

UPDATED: Thu., Dec. 3, 2020

COVID-19 has accelerated technology trends around things like e-commerce and remote work that likely will continue even after the pandemic subsides.

News > Business

U.S. Bank awards $25,760 grant to SNAP for foreclosure prevention

Wed., Dec. 2, 2020

U.S. Bank has awarded SNAP a $25,760 grant that will assist with foreclosure prevention for Eastern Washington homeowners during the coronavirus pandemic.

News > Business

Walmart drops $35 minimum for its members’ online orders

UPDATED: Wed., Dec. 2, 2020

NEW YORK — Shoppers on Walmart.com who pay a $98-a-year membership fee will get free shipping on orders of any size starting Friday.

News > Business

Spokane swamped Chick-fil-A on its opening day. Here’s how the company grew despite controversy

UPDATED: Wed., Dec. 2, 2020

The lure of a chicken sandwich prompted some hungry Spokane residents to sleep in their cars overnight into Tuesday. One man waited 14 and a half hours.

Spokane area bankers say local businesses desperately need federal aid, clarified rules

Feds accuse Facebook of discriminating against U.S. workers

WSU launches health science incubator to build, grow startups in Spokane

Nestle to spend $3.6 billion on improving climate footprint

U.S. long-term mortgage rates edge lower; 30-year at 2.71%

Ryanair gives Boeing a boost by ordering 75 more Max jets

Medical Lake thrift store director Anne Starr leads thriving nonprofit

Small business moves

Salvation Army needs volunteers to help ‘Rescue Christmas’

Waiting for passengers, American puts Boeing Max in the air

Fed reports slowing U.S. economic activity due to virus surge

Fed and Treasury urge Congress to approve more virus relief

Discovery’s reality-heavy streaming service launches in January

Washington state to boost Amazon workers’ compensation

U.S. companies add fewer jobs than forecast, ADP data show

A year in 60 seconds: TikTok lists top videos, creators of 2020

Report: Tech trends accelerated by COVID-19 pandemic likely here to stay

U.S. Bank awards $25,760 grant to SNAP for foreclosure prevention

Walmart drops $35 minimum for its members’ online orders

Spokane swamped Chick-fil-A on its opening day. Here’s how the company grew despite controversy

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