Idaho Business Review IBR

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 ...

A plan by Exxon Mobil Corp. to transport big and heavy pieces of refinery and mining equipment along U.S. 12 through the Lochsa River canyon is generating concerns from a regional environmental group. The oil company wants to ship the ...

The CEO of St. Luke’s Magic Valley Medical Center has resigned after nearly three years with the hospital. Mark Schwartz resigned April 19 for unspecified reasons, according to the Times-News. The hospital board held a closed-door meeting that night and ...

A spokesman for Idaho Gov. C.L. “Butch” Otter says the governor is still under observation at a Boise hospital after being admitted for dehydration and flu-like symptoms. The 67-year-old Otter was taken to St. Alphonsus Regional Medical Center on April ...