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Author Archives: The Associated Press

Company seeks asbestos liability limit in Idaho

A national bottle-top maker that’s grown weary of some $700 million in asbestos claims it has paid out to victims of lung disease has arrived in the Idaho Legislature as part of its years-long, state-by-state trudge to shield itself from ...

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Gas drillers, Idaho counties reach agreement

A group representing Idaho counties and a group representing companies interested in tapping natural gas in the state announced an agreement Jan. 29 on legislation they plan to introduce into the Idaho Legislature next month. The Idaho Association of Counties ...

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Reagan Republicans push Idaho liquor privatization

A grocery-industry lobbying group won’t push a liquor privatization ballot measure in 2012, but a second group emerged Jan. 23 and announced it will try to get an initiative before Idaho voters in November. The Idaho Federation of Reagan Republicans ...

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Idaho teacher unions see decline in membership

 Idaho’s new school reform laws have gutted the collective bargaining powers of teachers’ unions, and membership in some of the organizations is waning. That’s leaving some of the union locals without the simple-majority status that they must prove in order ...

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Intermountain inks deals for $47.3M capital raise

SANDPOINT – Bank holding company Intermountain Community Bancorp said Jan. 22 that it expects to raise $47.3 million in capital through a stock sale and use the funds to bolster the balance sheet of subsidiary Panhandle State Bank. Castle Creek ...

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Idaho solar plant faces deadline to pay Idaho Power electric bill for December

A struggling southeastern Idaho solar-industry manufacturer has paid its November bill of $1.9 million to Idaho Power Co. and has until Jan. 26 to pay interest on the bill along with its December’s bill, the Idaho Public Utilities Commission says. The ...

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Credit Suisse in federal court over loans to luxury resorts

Attorneys for Credit Suisse told a federal judge in Idaho that a multi-billion dollar lawsuit brought by homeowners at four resorts should be tossed out because there’s not enough factual evidence to support the claims. The lawsuit from property owners ...

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Supervalu loss widens, shares skid

Grocery store operator Supervalu Inc. said Jan. 11 that its fiscal third-quarter net loss widened due to costs related to a turnaround plan, continued high food prices and a cautious consumer. The company, which operates Albertsons, Jewel-Osco and other supermarkets, ...

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Judge rules against Atlanta Gold in pollution case

A federal judge has determined that Atlanta Gold Inc. is legally responsible for high levels of arsenic and iron flowing from an abandoned mine shaft and polluting a tributary of the Boise River system. U.S. Magistrate Judge Mikel H. Williams ...

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