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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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Reactor undergoes refueling, upgrades

HANFORD — The Columbia Generating Station here is undergoing its most expensive refueling and maintenance shutdown ever as the owner of the nuclear plant tries to improve its reliability and costs. More than 1,700 electricians, steamfitters and other skilled-trade workers have swarmed this site 10 miles north of Richland. Besides the refueling done every two years to refresh and reposition rods containing uranium, they are replacing the generator rotor and a huge steam condenser that has caused repeated shutdowns.
News >  Business

Spokane family relocates to globalize hotel business

Like many other Inland Northwest families, the Magnusons were planning to watch this morning’s wedding of Kate Middleton and Prince William from their couch. But their couch is in London, just 10 minutes up the Thames River from the epicenter of the day’s pageantry at Westminster. The Magnusons – Tom, Melissa and son Frankie – moved to the United Kingdom last August to establish a foothold for Magnuson Hotels, which provides reservation services to independent hoteliers.
News >  Business

Caldwell: All those fingers in the pie left a financial mess

Brian “Duff” Bergquist was not aboard what he calls the Financial Crisis Express, but he was on the platform as the train approached. Now executive-in-residence at Whitworth University, Bergquist was an equities trader in Germany and Great Britain for Goldman Sachs, Credit Suisse-First Boston, Morgan Stanley and Lehman Brothers – the locomotives that wrecked the global economy when the express left the tracks in 2008.
News >  Business

Home show vendor offers remodeling prize

The Premier Home Improvement Show opens today at the Spokane County Fair and Expo Center. Katherine Morgan, spokeswoman for the Spokane Home Builders Association, said there will be more than 200 exhibitors at the 12th annual event, which is sponsored by Pro-Build.
News >  Business

Washington jobless rate climbs

Washington’s unemployment rate climbed in March despite a gain of 1,110 jobs, the Employment Security Department said Wednesday. The March unemployment rate was 9.2 percent, a notch higher than the 9.1 percent reported for February.
News >  Business

Caldwell: Bonneville power plan creates buzz in industry

Moan as we might, and do, about the windy, wet spring weather, our troubles are small compared with those facing the Bonneville Power Administration. Last June, an unexpected confluence of high winds and high water almost forced Bonneville to pay for power.
News >  Business

Here’s the Dirt: Williams Seafood makes a big move

Williams Seafood soon will be fishing in a bigger pond. Owner Mike Offield said the 30-year-old business will move from its longtime location at 10627 E. Sprague Ave. to 2116 N. Ruby St., where he will have double the space and co-tenants also selling food.
News >  Business

Auto sales help boost state revenue

A strong rebound in car and truck sales boosted fourth-quarter sales tax revenues in Washington and the five most populous counties, the state Department of Revenue reported Wednesday. Retail sales for the October-December period rose 5.7 percent compared with 2009, to $12.9 billion.
News >  Business

State probe uncovers foreclosure violations

Some of the foreclosure trustees most active in Washington are violating a requirement they have an office in the state, Attorney General Rob McKenna said Wednesday. His office has been mailing reminders to the trustees, whose offices must be staffed by someone knowledgeable about Washington law. The offices must also have a local phone number.
News >  Business

Caldwell: AARP has self-interest in health care reform

Republicans are shocked the AARP and its licensed insurance plans stand to benefit from a health care reform bill, and will sacrifice the best interest of its members to make a buck. Democrats are shocked the AARP and its licensed insurance plans stand to benefit from a health care reform bill, and will sacrifice the best interest of its members to make a buck.