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Tuesday, June 18, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: business

UPDATED: Mon., June 17, 2019, 8:06 p.m.

Stay Alfred’s founder, CEO named an EY Entrepreneur of Year for Pacific Northwest

Stay Alfred founder and CEO Jordan Allen has been named an EY Entrepreneur of the Year in the Pacific Northwest region.

UPDATED: Mon., June 17, 2019, 8:08 p.m.

Sotheby’s sold! French billionaire pays $3.7B

Auction house Sotheby’s is sold for $3.7 billion, will become private company again for first time in three decades.

Huawei says US sanctions will cost it billions in revenue

Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years, as he compared the company to a “badly …

UPDATED: Mon., June 17, 2019, 8:07 p.m.

Boeing apologizes for Max crashes as Airbus rakes in sales

Boeing executives apologized Monday to airlines and families of victims of 737 Max crashes in Indonesia and Ethiopia, as the U.S. plane maker struggles to regain the trust of regulators, …

UPDATED: Mon., June 17, 2019, 8:07 p.m.

Fed likely to leave rates alone but signal readiness to cut

Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a decade. Probably …

Hydrogen is the fuel of the future. For real this time, IEA Says

Hydrogen, which has been touted as the fuel of the future much of the past five decades, may finally be on the verge of converting its potential to reality.

BBB Tip of the Week: Fake airline ticket scams

Occasionally, we all need to get away. These days, booking that trip is as easy as turning on your computer or opening an app on your phone. But slow down …

Nerd Wallet: Don’t believe these Social Security myths

Getting the most out of Social Security means disregarding some of the most common myths, particularly about when to file.

Business Beat

Education The Community Colleges of Spokane Foundation board has announced new members and executive leadership. Todd Woodard, director of marketing and public affairs for Spokane International Airport, has been elected …

Vaquero’s Mexican Restaurant and Taqueria opening mid-July in Spokane Valley

The owner of Rancho Viejo Mexican Restaurant is opening a new establishment, Vaquero’s Mexican Restaurant and Taqueria in Spokane Valley. Jose Rodriguez is renovating a 6,900-square-foot space at 16208 E. …

Tom Kelly: Never underestimate your circle of friends

A former neighbor, Edith Ekert, once said the best way to fill her vacation cabin near a popular ski lift with responsible families was to insert a notice in the …

Motley Fool: Take a Bite of This

Apple (Nasdaq: AAPL) has reaped huge profits from its iPhones, Mac computers and a host of other electronic devices and services.

Construction underway for Montgomery Logistics Center in Spokane Valley

Construction is underway for the Montgomery Logistics Center, a multi-phase industrial development in Spokane Valley. Seattle-based Leavitt Capital Companies is constructing the development, at 11002 E. Montgomery Drive, that will …

EU hails draft deal to boost US beef imports

The European Commission says it’s reached an agreement with the United States to allow more hormone-free U.S. beef onto the European market.

UPDATED: Fri., June 14, 2019, 6:04 p.m.

Chad White to preview barbecue at TT’s Old Iron Brewery on Father’s Day; High Tide Lobster 2 announced

“Top Chef” Season 13 cheftestant Chad White is previewing his barbecue menu at TT’s Old Iron Brewery (4110 S. Bowdish Road, Spokane Valley) starting at 1 p.m. Father’s Day Sunday, …

Top dog: Shares of online pet store Chewy soar in debut

It was raining cats and dogs on Wall Street. Chewy, the online seller of pet food and squeaky toys, made a strong showing in its debut on the New York …

Stocks post small losses; investors look ahead to Fed

Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates.

UPDATED: Fri., June 14, 2019, 6:16 p.m.

Harriet Tubman $20 bill redesign was underway before Trump administration delay, report says

The work to redesign the $20 bill and affix an image of Harriet Tubman as its centerpiece was well underway before the Trump administration delayed the plans, according to a …

Chicago investment firm takes majority stake in Whataburger

An investment firm has purchased a majority stake in Whataburger as the Texas-based fast-food company seeks to expand in an increasingly competitive market.

NBCUniversal to build state-of-the-art studio in New Mexico

NBCUniversal announced Friday it will build a state-of-the-art television and film studio in a warehouse district just north of downtown Albuquerque as it seeks to expand its footprint in one …

Yogurt company offers to pay school district’s lunch debt

Yogurt company Chobani has offered to pay off $85,000 in student lunch debt at an Idaho school district.

Lawsuit claims Amazon’s Alexa devices record without consent

A lawsuit claims Amazon is violating laws in at least eight states by recording children without consent through Alexa devices.

UPDATED: Thu., June 13, 2019, 7:49 p.m.

Researchers: Bitcoin’s carbon footprint equal to Las Vegas

Researchers calculate that the electricity required for the virtual currency bitcoin generates as much carbon dioxide as cities like Las Vegas or Hamburg.

UPDATED: Thu., June 13, 2019, 7:47 p.m.

Cargill to spend $30M for ideas to end Brazil deforestation

Cargill Inc. said Thursday the Minnesota-based agribusiness giant will spend $30 million to fund new ideas for ending deforestation in Brazil, and called on its peers, governments and organizations to …

UPDATED: Thu., June 13, 2019, 7:47 p.m.

Not to be outdone, Tyson enters plant-based meat market

Tyson Foods enters the plant-based meat market and will begin selling nuggets made from pea protein at grocery stores this summer.

Target ups the ante in online delivery wars

How much would you be willing to pay to get those diapers within an hour or so? In the latest salvo in the delivery wars, Target is offering same-day delivery …

Tennis of Spokane still only full-service shop of its kind in area

Karen and David Benish, ages 82 and 84, have specialized in stringing tennis racquets for 38 years.

UPDATED: Thu., June 13, 2019, 3:03 p.m.

Blissful Whisk satisfies sweet tooth of Spokane Valley customers, dental patients

Soon-to-be-bakery-owner Tiffany Cable wanted to buy a site near Barker Road and Mission Avenue in Spokane Valley, but a month before her graduation from culinary school, dentist Owen Packard purchased …

Spokane County home sales drop in May

Spokane County experienced a drop in single-family home and condominium sales in May, which is typically when the housing market heats up. Home sales declined more than 10% compared to …

UPDATED: Wed., June 12, 2019, 5:30 p.m.

Facebook opens UK engineering hub to fight harmful content

Facebook is opening an engineering center in London that will build tech tools aimed at keeping harmful content off its site.