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Home » January 2025

Articles Tagged with ''January 2025''

Photo of laptop, piggy bank, calculator, change, coffee cup

Feds: Capital One cheated consumers out of more than $2 billion in savings interest

January 15, 2025
TCAJOB Staff

The Consumer Financial Protection Bureau alleges Capital One promised consumers that its flagship savings account provided one of the nation’s “best” and “highest” interest rates, but the bank froze the interest rate at a low level and then created another savings account product with higher interest without telling its costumers. 


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Joann

Joann files for bankruptcy ... again

January 15, 2025
TCAJOB Staff

Joann, the sewing and crafts retailer, blamed “unexpected” and “acute” inventory issues, which took a big bite out of sales and put its $615 million debt in an “untenable position,” according to court documents. The retailer recently moved into a large new space at the Columbia Center mall in Kennewick. 


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Hanford Tank-Side Cesium Removal System

Hanford completes second tank waste processing campaign

January 15, 2025
TCAJOB Staff

More than 830,000 gallons of waste are now staged and ready to be sent to Hanford’s Waste Treatment and Immobilization Plant for treatment later this year. 


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Catalyst Brands

JCPenney, Eddie Bauer, others join forces to form Catalyst Brands

January 14, 2025
TCAJOB Staff

Six well-known clothing brands have combined to form Catalyst Brands, a joint venture formed in an all-equity transaction between JCPenney and SPARC Group, with shareholders Simon Property Group, Brookfield Corp., Authentic Brands Group and Shein. 


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Wheatland-Bank
Bank acquisition

Wheatland Bank holding company to acquire Bank of Idaho

January 14, 2025
TCAJOB Staff

All Bank of Idaho branches in Eastern Washington will come under the Wheatland Bank name once the acquisition is approved by regulators.


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stethoscope and laptop

Lincare to pay state $1.15M following Medicaid fraud investigation

January 14, 2025
TCAJOB Staff

Officials with the state Attorney General’s office say Lincare knowingly billed rental fees for oxygen equipment in excess of what is permitted by law more than 15,000 times. Those officials estimate that 565 Medicaid patients in Washington state were overbilled by more than $500,000. 


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Inslee approves state’s largest solar farm in Benton County

January 13, 2025
TCAJOB Staff

The proposed solar farm, located in northwest Benton County, will have a 470-megawatt solar generation facility – enough to produce enough power for 300,000 homes. 


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New deal finalized on Hanford site tank waste cleanup

January 13, 2025
TCAJOB Staff

The final agreement, prompted by a settlement between the state and U.S. Department of Energy in April 2024, comes after federal and state agencies considered public and tribal input on proposed new and revised cleanup deadlines. 


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Highway-12-Expansion-Wallula

$108.5M coming to finish final stretch of Highway 12

January 10, 2025
TCAJOB Staff

Federal funding will pay for a project will turn the remaining two-lane undivided highway between Wallula and Nine Mile Hill into a four-lane divided highway with improved intersections and safety features. 


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20240912-Z72_5110.jpg

Washington lawmakers revive plan for state cap on rent increases

“Rent stabilization” bill fell apart last year but supporters say it now has better odds of approval.
January 10, 2025
Laurel Demkovich

The bill includes a 7% cap on yearly rent increases for existing tenants, with some exceptions, including buildings operated by nonprofits and residential construction that is 10 years old or less. It also requires landlords to give 180 days notice before an increase of 3% or more and limits some move-in and deposit fees. 


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