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Business, not government, responsible for recession recovery (access required)

Calling the nation’s economic downturn a “depression” and predicting it will get worse, Premier Technology President & CEO Doug Sayer urged Greater Pocatello Chamber of Commerce members to shift the responsibility from blaming consumers for not buying their products or ...

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Unemployment holds steady as private sector starts to normalize

Idaho’s unemployment rate didn’t change from June to July. It remains for a second month at 8.8 percent; below the U.S. unemployment rate of 9.5 percent. But, that means nearly 66,000 Idaho residents are without work. “The economy still hasn’t ...

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Idaho AGC Summer Outing ends on serious note (access required)

Idaho’s construction industry remains troubled, and any future re-bound could still be years away. “This is the worst economic slump out nation has seen since the early ’80s and before that, the Great Depression,” Associated General Contractors of America Chief ...

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H-P CEO Hurd resigns

Hewlett-Packard says CEO Mark Hurd is stepping down following a sexual-harassment probe that found other violations of company standards. Hewlett-Packard Co. says Hurd decided to leave after the investigation into a sexual-harassment claim made against him and the company by ...

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Failed Tamarack Resort residents aim to revive skiing

By John Miller Homeowners at a failed central Idaho resort want to resurrect ski lift operations next winter and are asking the state, a bankruptcy judge and creditors who are owed hundreds of millions to go along with their plan. ...

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Sterling Savings completes merger with Golf Savings

Sister banks Sterling Savings and Golf Savings are merging, parent company Sterling Financial Corp. announced Aug. 4. Sterling Financial, a Spokane-based holding company that has been rocked by failing loans to residential and commercial developers over the past two years, ...

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Kendrick area gets rural broadband funding

TDS Telecom received a grant enabling subsidiary Potlatch Telephone Co. to provide Digital Subscriber Line broadband service in its rural territory in north central Idaho, the U.S. Department of Agriculture said Aug. 4. The grant was among 126 new projects ...

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State grant gives Boise visitors bureau new life (access required)

They may be collecting unemployment as soon as September, but staff at the Boise Convention and Visitors Bureau will have a separate pot of money to continue marketing the region. The bureau secured a $328,000 grant from the Idaho Travel ...

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New cleanup projects begin at INL

The Department of Energy is using money from the American Recovery and Reinvestment Act to start two cleanup projects at Idaho National Laboratory this summer.   The DOE has received $464 million from the federal act over the last year, ...

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IGI Resources gets military contract to deliver natural gas

IGI Resources Inc. of Boise has received a contract worth up to $22,995,025 to deliver natural gas supplies to the U.S. military, the U.S. Department of Defense reported.   The department’s Defense Logistics Agency awarded the fixed-price contract, which has ...

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