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ITC outlines recent investment in deal flow report

Idaho companies did a good job of securing capital last year, increasing investment from $3.47 billion to $16.29 billion between 2014 and 2015. The Albertsons¬†acquisition of Safeway accounted for $8.5 billion of the transactions analyzed in the Idaho Technology Council’s ...

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National program offers college scholarships to immigrant students

Delaware State University is joining with a national scholarship program to increase college opportunities for immigrant students living in the United States without permanent legal status. Gov. Jack Markell joined school officials and former Washington Post chairman and CEO Donald ...

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Ponderay’s Diedrich Roasters is acquired by Chicago investment partnership

Ponderay-based Diedrich Roasters has been acquired by a Chicago private investment partnership called City Capital Ventures. Diedrich manufactures personal and industrial-size coffee roasters. It was founded in 1980 by Becky and Stephan Diedrich. When the pair decided to retire, CEO ...

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Feds move forward rejecting southeast Idaho dam project

Federal authorities have issued a final environmental impact statement recommending denial of a proposed dam in southeast Idaho on the Bear River. The Federal Energy Regulatory Commission released the document the week of May 2 on the Bear River Narrows ...

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Idaho congressmen come out against proposed salary threshold increase (access required)

photo of u.s. capitol

Both Idaho U.S. representatives have endorsed a proposed House resolution that would bar the U.S. Department of Labor from raising the overtime salary threshold to $50,440. The threshold dictates whether an employer has to pay time-and-a-half to a salaried employee ...

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Idaho app is inventory-tracker (access required)

Boise-based Gigmi has released an app designed to help individuals organize and sell collections of items and to help businesses keep inventory of stock. Gigmi formed in June 2015 when Brian Packer, now CEO of Gigmi, met with Nathan Cook, ...

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Survey: Mobile payment options are increasing, but so is fraud (access required)

Merchants are using mobile pay more and more frequently, but most don’t know if doing so increases¬† their risk of fraud, according to a survey by the Boise-based Kount. Kount, an electronic commerce security firm, surveyed businesses for the fourth ...

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Idaho lawmakers spend $136,000 on travel expenses

Idaho lawmakers spent more than $136,000 on travel during the 2016 legislative session. The records for all 105 members of the state House and Senate were obtained by The Associated Press through a public records request. However, while many lawmakers ...

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Small-car deals abound as US buyers shift to SUVs (access required)

Louis Cervi was looking to buy a small car for basic transportation with a monthly payment in the mid-$200 range. After six months of looking, Cervi, 41, drove off a dealer lot north of Pittsburgh in a Ford Focus for ...

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