An increasing number of businesses here and nationally are turning to nontraditional sources of financing, such as factoring, to meet critical cash-flow needs as banks constrict credit in the current economic crisis, say industry factoring, such as
Sterling Savings Bank moved ahead of perennial leader Washington Trust Bank in bank deposits in Spokane County over the last year, according to an annual market share report released last month by the Federal Deposit Insurance Corp.Executives of
Nonperforming assets shoot up to $22.7 million; company cuts personnel
November 6, 2008
Intermountain Community Bancorp, of Sandpoint, has reported third-quarter earnings of $226,000, or 3 cents a share, down almost 91 percent from $2.4 million, or 38 cents a share, in the year-earlier quarter.The company also has had a reduction a
A regional securities brokerage has slashed its estimates for Sterling Financial Corp.'s earnings in 2008 and 2009.The Great Falls, Mont.-based brokerage, D.A. Davidson & Co., says that "subdued" loan growth, pressure on net interest margin, and
Venture capitalists here say that if the companies they invest in don't go public or get acquired with greater frequency than they are today, they could face a drought in available capital to invest in new ventures. That, they say, would be too to
As consumers and investors digest a barrage of bad economic news, banks, credit unions, and securities brokerages here are scrambling to reassure their own customers and to pick up new ones who might be fleeing weaker institutions.Industry say a
Despite big social changes, obstacles to advancement still are sizable, book says
November 6, 2008
The glass ceilingthe once ubiquitous metaphor referring to a subtle barrier built upon biases that block women from the highest positions of leadershipdoesn't apply today, a book released earlier this year contends.The book is titled
More businesses learned about the benefits of employing people with mental and physical developmental disabilities at a recent annual Hire Ability Day event here, conducted the last five years to boost such hiring, the event's primary organizer who
Washington's growing online school system is less regulated than in other states, and legislators may need to decide whether the state should take a more active oversight role, according to a recent state Senate report.The report, requested by a
Gonzaga University says a graduate-level business program it launched eight years ago to prepare American Indians to teach entrepreneurship at tribal colleges is evolving as it attracts a broader mix of participants and faces funding three-year in