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Local News

Banking experts share concern over policies on immigration, trade

February 14, 2017
Kristina Lord
What does the new Trump administration in the White House mean to the banking industry and region’s economy?It’s too early to tell.But two banking industry experts have simple advice for local business owners: keep your eye on what you do best.“There’s lot of noise in the media. … Focus on...
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New director of state’s Division of Banks calls banking industry healthy

February 14, 2017
Jessica Hoefer
Roberta Hollinshead may be the first woman in the state’s history to lead the Department of Financial Institutions’ Division of Banks, but she credits her knowledge of the industry—both challenges and opportunities—for setting her apart. Roberta Hollinshead, who worked for more than 15 years with the state Department of Financial...
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Chart course for your business to thrive for long haul

February 14, 2017
Guest Contributor
By Berta GabbardWith the new year well underway and a new administration in the White House, many business owners in the greater Tri-Cities area are looking to maintain their stride as we see how the markets respond and evolve. Several owners I work with are actively pursuing plans to grow...
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Local financial advisers weigh in on new fiduciary rule

February 14, 2017
Elsie Puig
President Donald Trump’s delay of the new U.S. Department of Labor fiduciary rule requiring financial advisers to act in their investors’ best interests might not have its intended effect as some local financial advisers say many firms have already complied with the new standards.The rule would have gone into effect...
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Follow these rules when lending money to family, friends

February 14, 2017
Guest Contributor
By Beau RuffTimes can get financially rough. People go through difficult periods in life and might be strapped for cash and need an additional sources of money. Perhaps the cash is needed to buy a new house or to pay for a small business or an attorney’s retainer for a...
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Increasing B&O taxes on this year’s legislative agenda

February 14, 2017
John Stang
No one in Olympia appears to like the business-and-occupation tax — the state tax on gross receipts.But other than adding exemptions, Washington’s Legislature has been reluctant to do anything about B&O taxes. Each session, changes get proposed. Each session, those proposals die.“A silver bullet is not there because it is...
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Chamber opposes ‘one-size-fits-all’ approach to family leave legislation

February 14, 2017
John Stang
The Tri-City Regional Chamber of Commerce opposes a “one-size-fits-all” approach on family leave legislation in Olympia.So far, the chamber has not taken an official position on the two plans that have begun their journey through the Legislature, waiting for more to unfold first, said Austin Neilson, the chamber’s government affairs...
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Wine Science Center a boon to state viticulture, enology industry

February 14, 2017
Audra Distifeno
The region’s wine leaders realized several years ago that an investment in students and research would ultimately lead to a more lucrative statewide industry.The students have come and the research is underway with the opening of the Washington State University Ste. Michelle Wine Estates Wine Science Center in Richland.“Industry leaders...
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Washington’s wine production shifts firmly into reds

February 14, 2017
Guest Contributor
By Wine News ServicePolitically, Washington’s Columbia Valley has been the red part of a blue state for decades. And when it comes to wine, Washington has shifted firmly to being a red wine-producing state.The last year Washington produced more white wine than red was in 2012, and it’s likely to...
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Cities build wine waste treatment plants to lure wineries

February 14, 2017
Guest Contributor
By Sean BassingerEven the sweetest wine has waste.That’s why two Eastern Washington cities have invested in special wastewater treatment facilities to handle wine effluent.It’s not a glamorous piece of the wine industry, but it’s a critical part of a continued multimillion-dollar effort to draw more wineries to the Tri-City area.The...
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