Menu
Thursday, March 4, 2021
March 4, 2021
Current weather Vancouver, WA

Linkedin Pinterest

Business

Business BriefsClark County BusinessColumnistsTransactionsClark County At Work
An open house is posted in front of a home for sale in Westfield, Ind., Friday, Sept. 25, 2020. The market for existing homes cooled slightly in November, the National Association of Realtors said Tuesday, Dec. 22, 2020 after climbing through the late spring, summer and early fall despite the pandemic.

U.S. existing home sales, and prices, rise again in January

An open house is posted in front of a home for sale in Westfield, Ind., Friday, Sept. 25, 2020. The market for existing homes cooled slightly in November, the National Association of Realtors said Tuesday, Dec. 22, 2020 after climbing through the late spring, summer and early fall despite the pandemic.

February 19, 2021, 8:30am Business

Sales of previously occupied U.S. homes rose again last month, a sign that the housing market’s strong momentum from 2020 may be carrying over into this year. Read story

The former Igloo Restaurant building is undergoing a renovation. According to county records, it was purchased last summer by Precision Air owner Paul Vynar, who has submitted a plan to convert it to an office building.

New purpose proposed for Vancouver’s Igloo Restaurant

The former Igloo Restaurant building is undergoing a renovation. According to county records, it was purchased last summer by Precision Air owner Paul Vynar, who has submitted a plan to convert it to an office building.

February 19, 2021, 6:03am Clark County Business Premium Content

Nearly three years after the closure of the iconic Igloo Restaurant in Vancouver’s Edgewood Park neighborhood, a plan has finally emerged to repurpose it as office space. Read story

A photo from nLIGHT shows the company's new facility in Camas. nLIGHT purchased the campus from Sharp Electronics Corporation last year and indicated that it intended to eventually make the site its new corporate headquarters. The transition is ongoing and will continue in 2021, according to CEO Scott Keeney.

Vancouver laser manufacturer nLIGHT reports strong Q4, overall 2020

A photo from nLIGHT shows the company's new facility in Camas. nLIGHT purchased the campus from Sharp Electronics Corporation last year and indicated that it intended to eventually make the site its new corporate headquarters. The transition is ongoing and will continue in 2021, according to CEO Scott Keeney.

February 18, 2021, 6:13pm Clark County Business

Industrial laser manufacturer nLIGHT reported a strong fourth quarter performance Wednesday, closing out 2020 on a high note and cementing the overall year as a return to growth for the Vancouver-based company following a comparatively rockier 2019. Read story

FILE - A man walks past the New York Stock Exchange during a snowstorm, Monday, Feb. 1, 2021, in New York. Stocks are opening broadly lower on Wall Street and Treasury yields continued to climb. The S&P 500 index gave up 0.8% in the first few minutes of trading Thursday, Feb. 18, and the tech-heavy Nasdaq was down slightly more, 1.1%.

Stocks fall as investors fret over jobless claims, inflation

FILE - A man walks past the New York Stock Exchange during a snowstorm, Monday, Feb. 1, 2021, in New York. Stocks are opening broadly lower on Wall Street and Treasury yields continued to climb. The S&P 500 index gave up 0.8% in the first few minutes of trading Thursday, Feb. 18, and the tech-heavy Nasdaq was down slightly more, 1.1%.

February 18, 2021, 1:30pm Business

Stocks posted modest losses on Thursday as investors had little reason to buy stocks with discouraging economic data and a steady rise in bond yields, which has start to raise concerns about inflation. Read story

Amazon to open fulfillment center in Spokane Valley

February 18, 2021, 10:19am Business

SPOKANE VALLEY, Wash. (AP) — After months of speculation, Amazon has confirmed it will open a fulfillment center in Spokane Valley that will bring 1,000 new full-time jobs to the area. Read story

FILE - Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York. The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington. The House Financial Services Committee is ready to dig into the confounding episode at a hearing on Thursday, Feb. 18.

Lawmakers face off with GameStop saga’s key players

FILE - Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York. The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington. The House Financial Services Committee is ready to dig into the confounding episode at a hearing on Thursday, Feb. 18.

February 18, 2021, 10:18am Business

WASHINGTON (AP) — Key players in the GameStop saga are testifying to a House committee Thursday. Lawmakers are examining whether the wild swings in the stock price of the video game retailer exposed conflicts in the market's structure that can hurt unsophisticated investors. Read story

Amazon’s Climate Pledge gains 20 members, including two based in Seattle

February 18, 2021, 8:22am Business

IBM and 19 other companies have joined Amazon’s Climate Pledge, committing to neutralize their carbon emissions, Amazon announced Wednesday. The new signatories include Seattle-based companies MiiR, the upscale thermos manufacturer, and consulting group Slalom. Read story

Facing increasingly crowded Northeast markets, Foxwoods and Mohegan Sun look overseas to grow

February 18, 2021, 8:20am Business

With competition crowding out opportunities for growth in the Northeast, Connecticut’s two casinos are broadening their horizons overseas in search of new markets. Read story

FILE - In this Dec. 10, 2020 file photo, a "Now Hiring" sign hangs on the front wall of a Harbor Freight Tools store in Manchester, N.H. U.S. employers cut back sharply on hiring in December, particularly in pandemic-hit industries such as restaurants and hotels, as soaring virus infections and government restrictions weakened the economy that month. The number of available jobs rose slightly and layoffs fell, according to the Labor Department's Tuesday report, known as the Job Openings and Labor Turnover Survey, or JOLTS.

U.S. jobless claims rise to 861,000 as layoffs stay high

FILE - In this Dec. 10, 2020 file photo, a "Now Hiring" sign hangs on the front wall of a Harbor Freight Tools store in Manchester, N.H. U.S. employers cut back sharply on hiring in December, particularly in pandemic-hit industries such as restaurants and hotels, as soaring virus infections and government restrictions weakened the economy that month. The number of available jobs rose slightly and layoffs fell, according to the Labor Department's Tuesday report, known as the Job Openings and Labor Turnover Survey, or JOLTS.

February 18, 2021, 8:16am Business

WASHINGTON — The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number of confirmed viral infections. Read story

FILE - This Sept. 24, 2020 file photo shows a new home under construction in Houston. The number of newly issued permits to build fresh housing rose 6.2% in November on a seasonally adjusted basis. Housing starts rose 1.2%, and are up 12.8% higher than a year ago, the Commerce Department reported Thursday, Dec. 17, to an annualized rate of 1.547 million. .(AP Photo/David J.

January home construction falls 6%; signs of rebound ahead

FILE - This Sept. 24, 2020 file photo shows a new home under construction in Houston. The number of newly issued permits to build fresh housing rose 6.2% in November on a seasonally adjusted basis. Housing starts rose 1.2%, and are up 12.8% higher than a year ago, the Commerce Department reported Thursday, Dec. 17, to an annualized rate of 1.547 million. .(AP Photo/David J.

February 18, 2021, 8:15am Business

WASHINGTON — U.S. home construction fell 6% in January but applications for building permits, which typically signal activity ahead, rose sharply. Read story