Seasonal hiring of educators and retail workers helped push Spokane County’s unemployment rate down last month. It fell to 8.3 percent in October, down from September’s revised rate of 8.4 percent. It’s the lowest rate so far this year but remains high than in October…
Banks netted a $35.3 billion profit during the third quarter of this year, the FDIC noted today. Better loans and fewer losses from struggling borrowers helped the commercial banks and savings institutions insured by the FDIC. The third-quarter profits were an $11.5 billion improvement over…
Gov. Chris Gregoire's proposed half-penny sales tax increase got plenty of attention Monday, but she also rolled out more than $340 million in additional tax plans she wants lawmakers to consider. Among them are increased business and occupation tax rates on windfall profits earned in…
Spokane-based King Beverage will expand to Seattle-area markets with the acquisition of longtime Renton, Wash., distributorship K&L Beverage in January, according to a story by Melissa Allison in The Seattle Times today. K&L employs about 215, the story says. King Beverage CEO Ted Rusnak couldn't…
The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.
