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Author Archives: Brad Iverson-Long

Brad Iverson-Long is a reporter for the Idaho Business Review, covering banks, financial services, technology and new business.

Eastern Idaho angel investors complete first cash infusion (access required)

A small angel-investing group in southeastern Idaho, the Idaho Expansion Group, has closed its first fund, giving less than $500,000 to three Idaho technology companies. Fund members say the first fund may be the only one organized by the group, ...

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Two more student housing projects pitched west of Boise State (access required)

A Georgia development company is planning to build two new multifamily housing buildings near Boise State University that could add more than 500 more bedrooms for students and young professionals. The two proposed buildings mean there are now four projects ...

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Albertsons closing 7 stores across Washington, Oregon (access required)

Albertsons will close seven low-performing grocery stores in Washington and Oregon, though no Idaho stores are on the chopping block. The seven stores will close by Feb. 20, giving Albertsons 104 stores across Idaho, Oregon and Washington. In Oregon, stores ...

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Idaho manufacturing training and energy research could get more funding (access required)

Two education programs supported by Idaho Gov. C.L. “Butch” Otter would add more than $2 million in funding for programs that could benefit Idaho energy and manufacturing businesses. The governor’s budget includes adding $1 million in added funding for the ...

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Involta building a second data center in Boise (access required)

Involta will open a new $10.5 million data center in southwest Boise by the end of the year. Involta, based in Cedar Rapids, Iowa, announced that St. Luke’s Health System and WinCo Foods will be two clients for the new ...

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Cost of a Boise State football player: $172,415 (access required)

Total operating expenses for each Boise State University scholarship football player were $172,415 in 2011, including scholarships to the university. That outpaced spending at the University of Idaho, Idaho State University and most Football Bowl Subdivision schools. The costs for ...

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Coldwater Creek gets another Nasdaq delisting notice (access required)

Because of its low stock price, Coldwater Creek could be removed from the Nasdaq Stock Market. The Sandpoint-based women’s clothing retailer was notified on Jan. 2 that its stock has traded at below $1 a share for the previous 30 ...

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State worker count increases, but not in middle-class jobs (access required)

The number of Idaho state employees has increased for the fourth straight year, but there was a drop in middle-income jobs from 2013. A yearly report from the Idaho State Controller’s Office shows that the state had 24,979 employees at ...

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Washington Federal Bank’s new regional president says bank looking to grow business banking (access required)

Washington Federal Bank’s new Idaho Regional President Tom Van Hemelryck says the recently expanded bank is now looking to add to its business banking. Washington Federal, based in Seattle, completed its acquisition of many Bank of America branches in Idaho ...

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