Banking & Finance

INW stock composite suffers loss for quarter

Avista Corp. rebounds with strong third quarter

October 22, 2015

Hart Capital Management Inc.'s Inland Northwest Composite, which tracks the aggregate market value of 11 publicly traded companies in the region, fell 8 percent in the third quarter to $7.03 billion, from $7.64 billion in the second quarter 2015. It m

H-Source goes public on Canadian Securities Exchange

Spokane-based medical exchange looks to grow

October 22, 2015

Stacey Denny

Spokane-based H-Source Holdings Ltd., which owns young online medical marketplace H-Source Inc., went public on the Canadian Securities Exchange earlier this month. The company, which is trading under the symbol HSI, released 50 million shares, with a 3

Tax planners await action by Congress on extenders

Uncertainty said to delay spending, giving decisions

October 22, 2015

Mike McLean

Some tax preparers here say they expect another late-season rush as they await congressional action on dozens of tax deductions, credits, and benefits collectively grouped together as extenders.

Northwest Farm Credit Services start design work on new headquarters on West Plains

Ex-Ambassadors building set for remodel, expansion

October 8, 2015

LeAnn Bjerken

Spokane-based Northwest Farm Credit Services has begun designing a $7.5 million remodel and expansion of what will be its new corporate headquarters on the West Plains.

PayneWest Insurance consolidates its Spokane-area office

Operations merged into space in the U District

October 8, 2015

Samantha Peone

PayneWest Insurance has consolidated its Spokane-area offices into 21,500 square feet of space in the Riverpoint One office building, at 501 N. Riverpoint Blvd., in Spokane's University District, says Dan Antonietti, its managing director for administra

Tom Simpson: entrenched in entrepreneurship

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October 8, 2015

Linn Parish

If it involves entrepreneurship and it's located in Spokane, chances are good that Tom Simpson has something to do with it. The 55-year-old Spokane native is president of the Spokane Angel Alliance investment fund, chairman and co-founder of Spokane e

Washington Trust leads Spokane County in deposits for sixth straight year

Bank of America, U.S. Bank stay in top three

October 8, 2015

LeAnn Bjerken

Washington Trust Bank continues to lead banks in deposits in Spokane County, says an annual market share report released late last month by the Federal Deposit Insurance Corp. The Spokane-based bank has topped the list every year since 2009, when Sterlin

Laying chips on the cards, in an effort to halt hackers

Parties still converting to new payment standards

September 24, 2015

Mike McLean

A quiet deadline is looming for businesses that accept credit and debit cards. After Oct. 1, most merchants that haven't switched to a new payment standard that encrypts certain identifying account information could be liable for losses if they accept

Software company, Idaho firm collaborate

Companies aim to simplify payments via credit card

August 27, 2015

LeAnn Bjerken

Genesis Software Systems, of Spokane Valley, says it has begun working with Eagle, Idaho-based ChargeItPro on payment processing aimed at providing users of merchant software an easier way to accept credit card payments. Genesis Software Systems uses a

Study data suggest money goes farther here

Spokane ranks favorably in cost-of-living analysis

August 27, 2015

Residents of the Spokane-Spokane Valley area can make their money last longer than residents of many other major metropolitan areas, according to data from a New York company's cost-of-living and inflation analysis. In an evaluation of more than 220 me