Idaho Business Review IBR

By Anne Allen Porfirio Colindres has worked in construction and cleaning jobs long enough to weather several economic downturns, starting with 1989 when he moved to the United States from El Salvador. But the prolonged one where he now lives, ...

A Utah family has signed a deal to operate a luxury real estate business in Jackson and Sun Valley, Idaho. Under the deal announced May 7, a company owned by the Jon M. Huntsman family will hold a 20-year franchise ...

City administrators in the northern Idaho city of Sandpoint have rejected a petition by downtown businesses to abolish a local business tax. City officials say some of the signatures on the petition to dissolve Sandpoint’s business improvement district couldn’t be ...

A Nevada geothermal energy developer with projects around the globe is seeking a pair of leases on land near the Magic Reservoir in southern Idaho. Ormat Technologies Inc. has requested leases on public land managed by the Bureau of Land ...

Preliminary tax revenue data shows Idaho collections in the critical month of April fell more than $55 million below the target set by state budget writers, a shortfall due in part to higher-than-expected income tax refunds. The unofficial data released ...

Hoku Materials, a provider of raw materials for the solar energy market, has started pilot production of polysilicon at a plant in Pocatello. Construction of the plant had been held up by financing problems. “Commencement of this pilot production run ...

Supervalu Inc. CEO and President Craig Herkert received compensation valued at $10.8 million in his first year at the company. The grocery chain appointed Herkert, a former Wal-Mart Stores Inc. executive as its leader in May. He replaced Jeff Noddle, ...

Atlantic Tele-Network Inc. has announced it has closed on its purchase of $223 million in assets of the former Alltel Corp. and that the company will be able to continue to use the Alltel name and My Circle service mark. ...

Incidents of residential mortgage fraud increased last year, with the number of mortgage fraud reports among loans made in 2009 grew 7 percent, a smaller increase than the 26 percent jump seen the previous year, according to a study released ...

Home sales surged 17 percent in the West last month, as buyers scrambled to take advantage of low mortgage rates and qualify for tax credits that expire at the end of this month. The median price in the 13-state Western ...