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

Bert Caldwell

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

All Stories

News >  Business

Dealer pays $175,000 for new classic

KELLOGG – Tom Darg wasn't touching the paint on the Dodge Challenger SRT8 parked outside Dave Smith Motors on Friday. The brilliant black crystal pearl finish already gleamed, and who knows what it would take to get a scratch out of the imitation carbon-fiber stripe on the hood?
News >  Business

Sterling International gets grant for repellent

A Spokane Valley company that built its business on attracting bugs has received a $730,000 grant to find ways of repelling them. The money from the U.S. Department of Defense will allow Sterling International to expand on preliminary development, also government-funded, of a device that will discourage insects from harassing soldiers, said spokeswoman Stephanie Herrmann.
News >  Business

County money transfer questioned

Spokane County Prosecutor Steve Tucker has been asked to investigate an allegedly illegal transfer of money from a Building and Planning Department account to the county's general fund. In a "whistleblower" letter delivered to Tucker's office Tuesday, attorney Aaron Lowe says at least $1 million was "supposedly" appropriated from the department to help balance the 2008 county budget. The transfer was initially called a borrowing, he says.
News >  Business

Local restaurants hold the tomatoes

Order a BLT sandwich this week, and the toasted triangles likely will arrive with the "B" and the "L," but no "T." Restaurant owners say they are keeping tomatoes in their refrigerators until told they pose no risk of spreading salmonella, which is suspected in perhaps 200 illnesses in at least 17 states, including Washington.
News >  Business

Kaiser Corp. finances thriving

Kaiser Aluminum Corp. announced Monday a 33 percent dividend increase and a $75 million stock repurchase program. The higher payout and buyback are another signal Kaiser, which emerged from bankruptcy in July 2006, continues to thrive financially thanks in large part to aerospace products produced at the Trentwood rolling mill.
News >  Business

Business owner disputes benefits

Kettle Falls grocer Dan Berger said he does not understand how former employee Mitchell Ross, replaced because he was in jail, could qualify for unemployment benefits. Yet the Washington state Employment Security Department accepted Ross's claim, and an administrative law judge last month affirmed that decision.
News >  Spokane

Art theater suspends operations

The Magic Lantern Theater has again gone dark. Less than nine months after its return from a nine-year hiatus, the Spokane art house closed Sunday night. Executive Director Kathryn Graham was ousted Friday.
News >  Business

United Way may match rebate savings

A United Way-funded initiative that will match savings carved out of federal income tax rebates is fully subscribed, but applications are still being accepted, program overseer Kerri Rodkey said Wednesday. Rodkey, who heads the micro-enterprise program at Spokane Neighborhood Action Programs, said some who apply do not qualify, or do not show up for the classes or counseling sessions participants must attend.
News >  Business

Work force to become younger

Employment growth in Spokane County may have slowed in recent months, but local economists and executives Friday forecast massive retirements over the next decade that will open up jobs in professions from mining to public administration, education to utilities, and agriculture to real estate. Already, said Inland Northwest Health Services President Tom Fritz, it takes 44 days to fill a nursing position, up from 29 days last year. The national average is 60 days.
News >  Business

Hollister-Stier leader is quitting

Tony Bonanzino, the head of Hollister-Stier Laboratories for 18 years, has resigned effective May 30. Bonanzino, 56, said Thursday he began thinking about stepping down early this year, when the contract pharmaceutical maker closed out a record calendar year. A record for the January-March quarter – the fourth in the fiscal year of parent Jubilant Organosys Ltd. – reinforced his inclination.
News >  Business

FAA letter cites concerns: Fairchild, airport may be at risk

A recent letter from the Federal Aviation Administration has renewed concerns residential development on the West Plains could jeopardize the futures of Fairchild Air Force Base and Spokane International Airport. Inappropriate land use could expose Fairchild to closure during future U.S. Air Force base reviews, officials said, and the airport could lose access to federal dollars that have financed many improvements, including the $30 million control tower completed last summer.
News >  Business

Gregoire touts Spokane WorkSource center

Expect Washington's other WorkSource centers to borrow from Spokane's award-winning model, Gov. Chris Gregoire said Tuesday. Gregoire said the center, which earlier this month was named the best among 1,800 in the United States, has established best practices she wants other state work force training and placement centers to adopt. But, she added, Spokane succeeded on the basis of partnerships and personalities that will not be the same elsewhere.
News >  Business

Geiger Spur on track for renovation

Several Eastern Washington railroad rehabilitation projects, including a reconfigured Geiger Spur on the West Plains, could be under way within weeks, officials said Wednesday. More than $17 million has been budgeted for construction to improve or preserve rail service to farms and factories in four Washington counties and one Idaho sawmill.
News >  Business

Navigating rough waters

With water and snow line elevations still but a few hundred feet apart, the launch of this year's boating season has been slow. But by every measure except thermometer, early indications are most Inland Northwest boaters will hold a steady course this year. Weather, the economy and much more expensive fuel will not keep them off the region's waters.
News >  Business

Economists give region pat on back

If the economy looks a little soft in the Inland Northwest, remember how far the region has come, two economists said Friday. Employment registered a normal winter downturn, said Washington Trust Senior Vice President Steve Scranton, but weigh those losses – some of which were recovered in March – against the 22,000 jobs added in the last five years.
News >  Business

Investment scam education to be tested

A coalition including AARP and securities industry regulators is testing an investment-fraud awareness program in Spokane that, if successful, will be rolled out nationally. The kickoff for the Investor Protection Program will be held Tuesday at the Southside Senior Activity and Community Center, 3151 E. 27th Ave. The two-hour program begins at 6:30 p.m., following a buffet dinner that begins at 5:30 p.m. The event and dinner are free.
News >  Business

Avista to add wind power to network

Windmills five miles south of Reardan will be generating electricity for Avista Utility customers by the end of 2011, the Spokane company announced Thursday. The $120 million project will be a first for Avista, which has been buying wind energy from third-party suppliers for several years.
News >  Business

Nighthawk announces buyback

Nighthawk Radiology Holdings Inc. announced Wednesday it will buy back $50 million of its shares in a "Dutch auction" expected to start within the next two weeks. The news, plus disappointing first-quarter earnings and a lowered outlook for the rest of 2008, dragged Nighthawk shares 10 percent lower in after-hours trading.
News >  Business

Business leaders tell of D.C. trip

With Congress unlikely to pass any appropriations bills until a change of presidents, a delegation of Eastern Washington and North Idaho business leaders who visited Washington, D.C., last week was told not to expect any immediate funding for local projects. Greater Spokane Incorporated President Rich Hadley said the group was told a looming squeeze on spending triggered by entitlement programs like Social Security and Medicare will crimp discretionary spending. But the trip built on an understanding of Capitol ways – accumulated during 18 prior visits – and sustained the Inland Northwest's reputation for working together on regional priorities, he said.
News >  Business

Jobs Plus marks another year of recruiting companies

Jobs Plus Inc. on Wednesday celebrated another successful year of company recruitment that kept the Kootenai County economy moving against headwinds created by the national slowdown. The economic development organization attracted companies that added 238 jobs, said Jobs Plus President Steve Griffitts, including a Denmark-based maker of allergy products he hopes will encourage more biotechnology companies to consider the county.
News >  Business

ISM hangs by a thread

The Institute for Systems Medicine has laid off all but one employee in a bid to keep the organization viable until new funding arrives and a scaled-down business plan can be implemented. Tom Paine, a member of the Institute for Systems Medicine Planning Authority, said institute supporters believe development of an organization on the scale of the $170 million Translational Genomics Research Institute in Phoenix, an early model for the Spokane venture, will take more time than was hoped.
News >  Business

AmericanWest takes hit

AmericanWest Bank on Thursday reported a $31.6 million first-quarter loss and suspended its dividend, triggering a 28 percent plunge in the price of its stock. The loss per share at the Spokane-based institution was $1.83, compared with a profit of 19 cents per share based on net income of $2.2 million for the first quarter of 2007.
News >  Business

Workshop covers sales tax ‘streamlining’

Merchants must change the way they determine sales taxes July 1. The Washington State Department of Revenue will hold a workshop in Spokane on Tuesday to review the changes and explain the tools and subsidies that are available to help smooth the transition. Sales tax "streamlining" approved by the Legislature last year will distribute sales tax revenues to the government jurisdictions where they are delivered. Traditionally, the revenues have been divvied up among the jurisdictions where the goods are sold.
News >  Business

Justice Department to appeal Sterling ruling

Attorneys from the U.S. Department of Justice have notified the U.S. Court of Federal Appeals they will appeal a Feb. 19 decision that awarded Sterling Financial Corp. barely $1 million of a claim for more than $58 million. The filing Friday in Washington, D.C., did not specify the grounds for challenging the ruling by Judge Thomas Wheeler. But the appeal will also address 2002 and 2003 rulings that set up a two-week damages hearing in Spokane last July.
News >  Business

Earth- friendly business hailed

Business practices that promote environmental sustainability often pay off in more ways than owners anticipate, Portland consultant Marsha Willard told a group of Spokane bankers, community development specialists and builders Monday. First adopters become long-term market leaders and attract employees who want to work for a company sensitive to the effect their goods and services have on the environment and society, she said.