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Author Archives: The Associated Press

Supervalu 4Q net income slips on softer sales

Grocer Supervalu Inc.’s fiscal fourth-quarter net income dipped 2 percent, partly weighed down by softer sales and store closings. The earnings topped Wall Street expectations. Supervalu stock surged $1.42, or 16 percent, to $10.50 in premarket trading. The stock has ...

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Alaskan investors buy N. Idaho speedway

POST FALLS – An Alaska company has stepped into buy the State Line Speedway in northern Idaho. Track officials confirmed recently that Competitive Edge LLC, based in North Pole, Alaska, acquired the 37-year-old speedway from Walt and Joe Doellefeld. Terms ...

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Idaho geothermal company clears loan milestone

An Idaho-based geothermal energy company said it’s cleared a key hurdle required for it to get a nearly $97 million federal loan guarantee for the 23-megawatt project it’s building in the Oregon desert. U.S. Geothermal said April 11 it’s gotten ...

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Idaho ski areas do well in long, snowy season

Idaho skiers and the state’s collection of resorts have reaped the benefits of a snow-filled season and an improved economy, factors that enabled operators to start up lifts earlier than previous years and put several mountains on pace to set ...

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Idaho Senate kills much-debated energy rebate

Lobbyists for wind energy companies stood in shocked disbelief April 7 after the Idaho Senate narrowly killed a measure to extend a sales tax rebate for alternative energy. The expected deal had been hashed out between lawmakers, utilities and wind ...

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Amid ethic charges, wind farm siting bill dies

An Idaho Falls Republican accused two unidentified House colleagues of ethical lapses in a hearing during which lawmakers also killed a bill that would have put strict new prohibitions on where new wind turbines could be built. The measure would ...

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Railroad improvements planned in Idaho

Union Pacific Railroad is planning improvements to tracks, ties, crossings and other infrastructure across Idaho this year in anticipation of a railroad rebound from an economic lull. The work in Idaho is part of $3.2 billion in improvements the railroad ...

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