Latest News

U.S. Linen eyes more growth here

Richland company adds worker to Spokane branch after winning state contract

February 11, 2010

U.S. Linen & Uniform, of Richland, Wash., says it will be looking to grow its presence in the Spokane area after winning a roughly $1 million exclusive contract to supply linens, uniforms, mats, and other related rental and laundry services to goal

DOT has $83 million list of stimulus ideas

As Congress considers new legislation, state identifies eligible projects in region

February 11, 2010

Jeanne Gustafson

The Washington state Department of Transportation has prepared a draft list of $82.6 million in projects here that it would propose in Eastern Washington should more federal stimulus money come to the state for road construction projects.The a a

RiverBank posts profit; loans jump

Four-year-old boutique institution says it expects decent growth this year

February 11, 2010

Kim Crompton

RiverBank, which opened for business here in 2006, notched its first profitable calendar year in 2009, posting net income of $592,000, according to data it has filed with the Federal Deposit Insurance Corp.That was up sharply from losses of in a

Capital raising could total $600 million

Sterling Savings' needs balloon as equity figure on balance sheet falls

February 11, 2010

Richard Ripley

A fundraising that regulators have required Sterling Savings Bank to perform could end up totaling $600 million, rather than $300 million, two of the Spokane bank's top executives say.The amount of equity capital Sterling will need to raise is 1

Contractors' bids flood trickle of jobs

Some builders traveling farther, cutting profits in competition for work

February 11, 2010

Mike McLean

A dwindling supply of big construction projects is leading to unhealthy competition among bidders for too few jobs, some in the industry say.While project owners are benefiting from low bids, contractors are going farther to bid for work, are on

Photo courtesy of University of Washington

Simulator hub possible here

UW dean says spin-off companies, intellectual capital likely

February 11, 2010

Richard Ripley

Small-town doctors don't deliver babies very often, but to keep their skills current—and to avoid catastrophic medical mistakes—they can practice deliveries with childbirth simulators at the University of Washington School of another can

Valley Hospital eyes expansion

Master planning process under way to determine space needs

February 11, 2010

Kim Crompton

Valley Hospital & Medical Center, which experienced a surge in patients after adding staff last year, is exploring the possibility of expanding, possibly through the construction of a tower, and says construction could begin as early as looking at

In The News: February 11, 2010

February 11, 2010

Feb. 9 / Potlatch posts higher earnings for quarter, year Spokane-based Potlatch Corp. reported earnings of $2.9 million, or 7 cents a diluted share, for the fourth-quarter of 2009, compared with a net loss of $4.4 million, or 11 cents

Calendar: February 11, 2010

February 11-25, 2010

February 11, 2010

Meetings & Events Greater Spokane Incorporated will hold a breakfast meeting, featuring Spokane Mayor Mary Verner's State of the City Address, on Friday, Feb. 12, from 7:15 to 9 a.m., at the Spokane Convention Center, 334 W. Spokane a

Workers failing to save enough for retirement, study finds

Less than one-fourth said they're saving more than they were year ago

January 28, 2010

When it comes to their retirement, America's 50-somethings seem to be in a state of denial. Although the economic downturn has forced pre-retirees ages 50 to 59 to consider working years longer than they had hoped, their current rate of savings is