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

Bert Caldwell

This individual is no longer an employee with The Spokesman-Review.

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News >  Business

A time to save

More Americans are trying to save money as they contend with the recession, and Spokane residents are no different. But officials at local financial institutions, social service and counseling agencies say many households that stretched to set aside a few dollars in the best of times now strain just to keep up with their bills.
News >  Business

State’s high marks a positive for business

Washingtonians should be blushing – or flushing, depending on how seriously one takes outsider rankings of a state’s desirability as a place to do business. Washington scored a rare three-fer last week.
News >  Business

Bar, grill opening soon at Broadway, Monroe

Hale’s Bar & Grill will open within a few weeks at 1011 W. Broadway, west of Milford’s Fish House. Chris and Cynthia Hale will own and operate the eatery, which will occupy 2,400 square feet of space undergoing extensive renovation.
A&E >  Food

Bar, grill opening soon at Broadway, Monroe

Hale’s Bar & Grill will open within a few weeks at 1011 W. Broadway, west of Milford’s Fish House. Chris and Cynthia Hale will own and operate the eatery, which will occupy 2,400 square feet of space undergoing extensive renovation.
News >  Business

States climb tax rankings

Washington and Idaho are at a standstill, and that proved to be a good thing Tuesday in new rankings from the Tax Foundation. In its 2010 State Business Tax Climate Index, the nonpartisan watchdog group says Washington climbed to ninth among the 50 states, Idaho to 18th, largely because neither state made any significant adjustments to their tax structures while many others did so in response to budget shortfalls.
News >  Business

Local companies get chance to shine

Key Tronic Corp. has transformed itself from a company once wholly dependent on its keyboard business to one that makes gaming machines, printers, medical devices and satellite control units. It has reported a profit for 22 consecutive quarters. There’s not a dime of debt on the books. And the stock trades at almost a 50 percent discount compared with that of its competitors.
News >  Spokane

Search for Paul expands

Local, state and federal authorities were still looking Saturday for Phillip A. Paul, a missing Eastern State Hospital patient committed in 1987 for killing an elderly Yakima-area woman. Paul walked away from a group attending the Spokane County Interstate Fair on Thursday, triggering a manhunt that has attracted national publicity.
News >  Spokane

Two killed in head-on collision

Two Lewiston residents died Saturday when their car collided head-on with another attempting a pass on State Route 127 seven miles south of Dusty, in Whitman County.
News >  Spokane

Inmate-tracking team helping search for Paul

The state penitentiary in Walla Walla has sent a team that specializes in tracking escaped inmates to help in the search for Phillip A. Paul, who slipped away from a field trip at the Spokane Interstate Fair on Thursday.
News >  Business

Spokane is stop on way to 2010 Olympics

Private airplanes headed for Vancouver, B.C., during the Winter Olympics next February will have to land in Spokane, Boise or Reno for a security check, a spokesman for the Transportation Safety Administration said Friday. Dwayne Baird said airspace around Vancouver will be open only to those aircraft that have been screened at the three U.S. airports. The planes will be inspected and the passengers screened, a process that will take about 20 minutes, he said. Baird said TSA workers at Spokane International Airport should be adequate to handle the extra duties.
News >  Business

Road still bumpy for area banks, leader says

Five Eastern Washington banks serving Spokane have lost nearly $750 million since 2007, and bad loans will keep the pressure on the banks for the foreseeable future, the president of Inland Northwest Bank said Wednesday. Randy Fewel said Inland, Sterling Savings Bank, Banner Bank, Washington Trust Bank and AmericanWest Bank have also shed about 370 jobs, many in branch systems that extend into Utah and Northern California. All but Banner, which is headquartered in Walla Walla, are Spokane-based.
News >  Business

Boeing gets boost from ruling in world trade dispute

Confidentially, the United States has won a major victory for Boeing Co. in its ongoing fight against allegedly illegal European government aid to rival Airbus. Confidentially because the World Trade Organization opinion in the case has not been published, which has not stopped many an interested party from rendering 2 cents worth of commentary. Add one more to that group. I’m not starting down a 1,000-page path unless Cervantes or Tolstoy leads the way.
News >  Business

ILF Media relocates to newly refurbished digs

ILF Media has moved into the former Spokane Art School building after investing more than $1.5 million in its purchase and renovation. The company, founded nine years ago in the Steam Plant, occupies the top three floors, said co-founder Dave Holcomb.
News >  Business

Thriving facility allows disabled workers to shine

Inland Northwest Lighthouse has achieved in one year what company and community officials had hoped might take three. Already, 45 blind and sighted workers produce white, cork and other communication boards, paper cutters, hanging file holders and other office goods in a former Tidyman’s grocery store on the North Side. If a new line of boards configured for cubicles gets the go-ahead, another dozen could be in the plant by the end of the year.
News >  Business

Talks slash Avista hike requests

A partial settlement announced Friday will cut by almost half a proposed Avista Utilities electricity rate increase in Washington, and slice a natural gas increase by almost 40 percent. The agreement is not binding on the Utilities and Transportation Commission, which will hold a public hearing on the increases Sept. 30 in Spokane. But all other parties in the case, including the commission’s staff and the attorney general’s public counsel, have accepted the changes.
News >  Business

Kootenai Electric planning rate hike

Kootenai Electric Cooperative members will pay almost 12 percent more for power starting next month, unless they can persuade the utility’s directors to modify their plans at a Sept. 29 hearing. A pending 7.5 percent rate increase by the Bonneville Power Administration, which supplies all of Kootenai’s energy, and the cost of new substations and other system improvements made the increase necessary, spokesman Larry Bryant said.
News >  Business

Union easing anti-Fred Meyer ads

The United Food & Commercial Workers will stop advising consumers to shop at competing stores while a Fred Meyer complaint against other negative union publicity proceeds through arbitration. Meanwhile, negotiations will continue on the union’s central complaint against the Portland-based chain: its policy of dismissing workers for a single error handling money.
News >  Business

Advantage IQ acquires Ecos

Spokane-based Advantage IQ Inc. has purchased a Portland company that helps businesses manage energy consumption. Ecos Consulting Inc. becomes a wholly owned Advantage IQ subsidiary that will keep its name and remain in Portland.
News >  Business

Avista expects much lower gas rates

Avista Utilities natural gas customers in Idaho and Washington can expect a double-digit price cut when the Spokane utility submits new rate filings to regulators later this month, spokeswoman Debbie Simock said Monday.
News >  Business

Company’s background checks at forefront of nuclear security

Nuclear reactors are anything but radioactive for Pinnacle Investigations. Each time one shuts down for maintenance, as they must every 18 months, the Spokane Valley company conducts background checks on every worker – carpenter, boilermaker, electrician – who will enter the plant, said Ryan Brewer, who is responsible for business development.
News >  Business

Cash for clunkers brings much-needed stimulus

I miss our 1994 Aerostar in these days of clunker-envy. It was the extended version that could accommodate a 4-by-8 sheet of plywood if the back seats were removed. The all-wheel drive got us pretty much wherever we wanted to go, including a run into the Kalmiopsis Wilderness that bounced that vehicle into a new dimension of misalignment.
News >  Business

Regional experts wary about trend in unemployment rate

Although some economists said slippage in the national July unemployment rate to 9.4 percent might be a sign the recession may have reached bottom, state and local economists were more cautious, noting the improvement is due to fewer workers, not more jobs. Eric Swenson, a senior economic forecaster for the Washington Economic and Revenue Forecast Council, said the national rate would have remained 9.5 percent had discouraged workers continued to job-hunt.