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Franchise owners open businesses with a passion for serving their communities
Congratulations are in order for a number of local entrepreneurs who have recently opened or expanded franchise businesses in Idaho. These owners and operators approach entrepreneurship with the goal of serving their local communities and making a positive impact on the people they serve. All three ventures are currently open and ready for business. Business owner Karli Gloria has taken over ow[...]
Hayes joins The Mike Brown Group
The Mike Brown Group has announced that realtor Jen Hayes has joined the group. Hayes comes to the group with a background in retirement counseling and elderly care. Steadfast in her determination to be a knowledgeable resource and reliable service to others, she pivoted careers, immersing herself in the lending industry. In her desire to expand, she transitioned into real estate. An Idahoan for [...]
Plunging natural gas prices relieve inflation pressure
The price of natural gas used to heat homes and generate electricity is plunging this year, thanks to a mild winter in the U.S. and Europe — bringing some relief to consumers and helping drive down inflation. The fuel, which in the U.S. is extracted mainly from shale deposits in Texas and around Pennsylvania, accounts for nearly 25% of residential energy needs, making it a big driver in last [...]
Health care innovators can now get connected in Idaho
Health Tech Idaho — a hub that will allow entrepreneurs, startups, early-stage companies and investors to interact and leverage their strengths — held its introductory and first networking event on Feb. 15. At the event, speakers addressed how the organization plans to support local health care innovators, from providing a presence on a website directory to offering event opportunities and ser[...]
Black Market Gelato breaks ground on new Boise facility
Black Market Gelato officially broke ground this January on its new facility in Boise. The facility will stretch over 92,000 square feet. The company plans to utilize approximately 53,000 square feet of the space at first and the rest will be available for leasing to another tenant. However, the goal is for Black Market Gelato to grow into the whole building within the next three years. [ca[...]
The Village at Meridian to expand with The Bridge
Meridian City Council has approved plans for The Village at Meridian to expand into a mixed-use property with the addition of 550 residential apartments at "The Bridge," which will be five stories above 34,000 square feet of ground-floor retail space. This project marks the final phase of development, and will allow The Village to increase its available square footage for new restaurants, retail a[...]
Biz ‘Bite:’ Idaho gas prices jump 15 cents on average
Read More IBR Headlines [feed url="https://idahobusinessreview.com/category/news/ibr-headlines/feed/" number="3"] Growing fuel demand and tight regional supplies are contributing to soaring pump prices, according to AAA, and Idaho drivers are likely feeling pain at the pump this week. The most recent average price for a gallon of regular in the Gem State is $3.60, which is 15 cents more than[...]
An unexpected job surge confounds the Fed’s economic models
Does the Federal Reserve have it wrong? For months, the Fed has been warily watching the U.S. economy's robust job gains out of concern that employers, desperate to hire, would keep boosting pay and, in turn, keep inflation high. But January’s blowout job growth coincided with an actual slowdown in wage growth. And it followed an easing of numerous inflation measures in recent months. [...]
Fed’s Powell: Strong hiring could force further rate hikes
Federal Reserve Chair Jerome Powell said Tuesday that if the U.S. job market further strengthens in the coming months or inflation readings accelerate, the Fed might have to raise its benchmark interest rate higher than it now projects. Powell's remarks followed the government's blockbuster report last week that employers added 517,000 jobs in January, nearly double December's gain. The unempl[...]
Biz ‘Bite:’ Treasure Valley Family YMCA announces updates on future Downtown Boise YMCA
The Treasure Valley Family YMCA has shared an update on its fundraising progress as well as some planned innovations for the future Downtown Boise YMCA. [caption id="attachment_94892" align="alignright" width="300"] The Treasure Valley YMCA downtown branch. IBR archives[/caption] The organization has set a goal of raising $60 million to build the new space and it continues to collaborate w[...]
Construction on The Avery progresses, opening date announced
Following up on last year's announcement, The Avery Hotel & Brasserie’s redevelopment efforts are underway, with an opening set for summer 2023. The A.S. Tiner Building, also known as the Averyl Building, will be renovated and restored to include The Avery 39-room boutique hotel, the French-inspired Avery brasserie and Tiner’s Alley Tavern, all under the same roof. [caption id="attachme[...]
Kline takes leadership role with College of Western Idaho
College of Western Idaho (CWI) has announced that Kenneth J. Kline is its new vice president, chief financial officer (VP-CFO). Kline, who recently began his duties, will serve as the primary financial strategist to the college’s president, administration and the board of trustees. As the VP-CFO, Kline is also responsible for directing and managing CWI’s financial affairs and ensuring that th[...]
