I am sometimes asked how the Journal of Business got its start. The answer is the kind you can’t exactly provide in an elevator speech. But I was there, so if you have a few minutes, let me tell you the story. It’s a yarn I’ve written in various ways for past anniversaries of this cherished newspaper, so my apologies if you’ve heard the punchlines before. It’s also a story of how a new publication beat the odds to survive in a difficult industry, and one that became even more challenging years later.
I think economist Steve Scranton summed it up best this year: “If times are good for you, keep doing what you are doing, but remain alert and prepared.” My reading of a collection of articles for this supplement, written by local economists, cemented what most of us are already thinking, that the questions we had going into 2023 remain unanswered for 2024. But here’s the punchline: Fears of a full recession seem to have minimized, meaning a soft landing in 2024 is still very possible.
A tiny software development company here has been scratching its way into the crowded iPhone and iPod "apps" fray, with four games now, including a promotional game it developed for Liberty Lake-based Telect Inc., while it also builds a reputation
Gold Reserve Inc., a Spokane-based mining exploration company that has spent nearly $300 million on a mining project in Venezuela, says now that the Venezuelan government has seized its property there, its focus will be on fighting to get whatever
Blue Water Technologies Inc., a Hayden-based concern known for its technology that removes phosphorus from wastewater, quietly has been adding to its resume the elimination of other contaminants, and now hopes to perfect a way to produce from the
Liberty Lake high-tech concern IT-Lifeline Inc. is working with Spokane-based hotelier Red Lion Hotels Corp. to offer call-center operators the space and equipment needed to get up to hundreds of workers back on line within 48 hours if their a an a
Earlier this month, Hecla Mining Co. announced that its silver production had jumped 26 percent in 2009 and that surging cash flows had left the Coeur d'Alene-based company with zero debt and $100 million in cash on hand. What a difference a year a
At this time last year, mining executives were saying how much difference a year had made. With metals prices down and capital markets frozen, solemn executives were yearning for the days just 12 months earlier when the sun was shining on their are
So now the slow road to recovery begins. In most industry sectors, 2009 has been a year people would like to put behind them, and, after a couple of years of mostly negative indicators, observers now are offering hope that 2010 will provide at a