Idaho Business Review IBR

A former chief compliance officer of an Idaho hedge fund was charged June 28 with fraud for misappropriating $650,000 in investor funds, according to the Securities and Exchange Commission. David D. Hepworth, who had been employed by Interfund Capital Corp. ...

Lawmakers in Washington are debating a measure that would limit the amount of money charged to retailers for a credit card “swipe.” But Java, a busy coffee shop in Hyde Park, isn’t waiting for the outcome of congressional action. The ...

Harris & Co., a Treasure Valley accounting firm, is now accepting applications for its 2010 “Helping Hand” program. Under this program, Harris & Co. will provide pro bono services to local nonprofit organizations to help them with a project they ...

Over the past five years, Zions Bank has awarded nearly $112,000 in grants to women in a variety of fields. “We developed the Smart Women Grants to help bolster the efforts of everyday heroines who strengthen our communities in so ...

Recent statistics from the U.S. Government Accountability Office reports Idahoans pay the lowest rates nationwide for high-risk pool plans. Idaho’s risk pool has been in operation since 2001. Department of Insurance Director Bill Deal says, “The success of Idaho’s program ...

There’s a new mortgage option for first time homebuyers in Idaho. The Idaho Housing and Finance Association (IHFA) has just launched the Affordable Advantage Loan, through its IdaMortgage program. According to IHFA’s President and Executive Director Gerald Hunter, “It offers ...

Demand for businesses to buy increased since the first of 2010, but still-tight financing and fresh-in-mind valuations from more prosperous times continue to stall deals. Lending is loosening a bit, and though few financial indicators changed heading into 2010, people ...

Hoku Corp., a clean energy products and services company, has entered into a $20 million credit agreement with the New York branch of China Merchants Bank Co., the sixth-largest commercial bank by assets in China. The proceeds will be used ...

Idaho businesses have had nearly a year to tap into $135 million in potential financing for new commercial development under a federal stimulus program that ends this year, but only two companies in the state have so far been able ...

USDA Rural Development on April 30 exhausted its $1.5 billion in American Reinvestment and Recovery Act funding targeted for its Business and Industry loan guarantee program. The economic-stimulus money enabled the agency to increase its loan backing from 80 percent ...