Tuesday, December 26
Here's to a bright new year
Heading into a new year is a potent reminder for businesses that ahead lies an abundance of opportunities for innovation, transformation and growth.
Auto industry steady in '23, looking up for '24
If Eve Knudtsen could use one word to sum up business at her dealership for the year 2023, that word would be "steady." "We stayed the course," the Knudtsen Chevrolet president said, seated in her office near sparkling Corvettes that gleamed on her showroom floor. "Steady" is not bad for a year when the auto industry endured a 45-day United Auto Workers strike just a couple years after a global pandemic.
North Idaho’s 40 Under 40 – 2024
Do you know a young professional who is making a difference in the workplace and shaping the future of our community? If so, nominate them now! Be part of the North Idaho Business Journal’s 40 Under 40 awards recognition program.
Housing forecast: Interest rates the key
Inventory expected to remain low, prices to hold steady
Chad Oakland, real estate agent and owner with Northwest Realty Group, said he believes sales in the local housing market will be down in 2024 because inventory will remain low.
Bunker Hill is back in 2024
2024 looks bright for Bunker Hill Mine, as the company turns another page from the historic mine’s tumultuous past and moves toward a promising future. With plans to be in production and employ 220 people by the end of the new year, it’s safe to say that Bunker Hill is back.
Discover the solution: Local workforce housing
The Coeur d'Alene region is facing an urgent challenge — the search for attainable housing. Employers are struggling to attract and retain employees due to the shortages. Potential businesses considering a move to the area are deterred by the high cost of housing. Long-time residents are also feeling the squeeze, leading to an unfortunate exodus to nearby counties.
Health care industry expands to meet population needs
Stabilizing nursing force, expanding to meet population growth has been the 2023 health care trends
OPINION: End of year roundup
2023 will go down in real estate history as the Year of Reckoning. Sales of single-family homes dipped to 25-year lows. Mortgage rates hit the highest levels in 25 years. There were fewer buyers and fewer sellers as each group sat on the sidelines waiting for some clear direction. The homes that were actually listed were no bargain, as prices stayed stubbornly stuck, and the affordability gap widened. A class action lawsuit was successful in challenging the commission-based business model of conventional real estate brokerages, which will have significant repercussions going forward for how sellers and buyers are represented. Commercial office buildings remained half-full as the work-from-home revolution continued even after the pandemic quarantine that spawned it in the first place. Downtowns that were feeding off the daily influx of office workers became ghost towns. There really wasn’t much good news in any sector of the real estate economy.
OPINION: Three keys to making sure regulations don’t suffocate citizens and the economy
Like it or not, regulations play a role in our everyday lives. Some dictate where and how we can eat. Others place restrictions on what we can sell or how we can operate a business.
Charter approved for new trust company
Patricia Perkins, director of the Idaho Department of Finance, announced the approval of a new trust charter for Idaho Trust Company, a wholly owned subsidiary of Idaho Trust Bancorp. Idaho Trust Bancorp will convert the Trust Department of Idaho Trust Bank, also a wholly owned subsidiary, into Idaho Trust Company. The organizers will capitalize the trust company with $2.25 million consisting of paid-in capital, surplus and retained earnings. Idaho Trust Company will operate where current Idaho Trust Bank Trust Departments are located: Boise and Coeur d’Alene, and Las Vegas, Nev.
KORE Power names COO
KORE Power Inc. (KORE), the leading U.S.-based developer of lithium-ion battery cells and manufacturer of integrated solutions for e-mobility and energy storage systems has named industry veteran Michael Canada the company’s Chief Operating Officer.
Business comings and goings
The Marcus Anderson building under construction at 8182 N. Wayne Drive in Hayden has commercial units to be occupied by Ascent Counseling and Marcus Anderson Family Foundation (now at 8382 N. Wayne Drive).
North Idaho Alliance: Women of Impact Leadership Roundtable New Year thoughts
Here we are again. Heading into another year in this, the 21st Century. It’s been quite a century so far starting with the Y2K scare, moving into rapid growth of social media, information sharing, and technology that can navigate our world — weather we like it or not. And because of this, it has been labeled the age of information technology. Historians forecast this the most pivotal turning points for humans on planet Earth.
Post Falls Chamber: Reflecting on 2023 and looking toward the future
The new year stands before us, a time to reflect on the past and write a new future. 2023 has been a fantastic year and I am thrilled for what 2024 will bring.
Hayden Chamber: 'Soak up the joy of the season'
Christmas always seems to come and go so quickly; it would be nice to be able to slow down time a little and let the good times linger just a bit… Just long enough to breath in the smells of fresh evergreen, spices and cookies. Just long enough to soak up the twinkling lights and the sounds of Christmas carols. Just long enough to let the sight of all the little ones sparkling eyes and happy faces soaking in the magic of the season. And just long enough to remember Christmases of the past and loved ones that are missed and forever in our hearts.
Four big mistakes local businesses make over and over again
At North Idaho’s Small Business Development Center, we coach and teach hundreds of business owners and leaders every year. Time and time again, we see them struggle with the same four pitfalls, failures, and challenges. What are these pitfalls and what can you do to overcome them?
Lippert named Board Chair of the Year by Idaho School Boards Association
Post Falls School Board Chair Michelle Lippert has been named Board Chair of the Year by the Idaho School Boards Association.
U of I Coeur d’Alene’s continuing ed staffer receives statewide recognition
Gretchen Browning of University of Idaho Coeur d’Alene’s Upward Bound program received the TRIO-INSPIRE staff excellence award during the university’s First-Generation College Day celebration Nov. 8 in Moscow.