The Wenatchee World

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Mechanical glitch stalls lift on Mission Ridge’s opening day

WENATCHEE — A stalled chairlift at Mission Ridge Ski & Board Resort restarted Friday afternoon after a mechanical problem interrupted service for three hours and forced skiers to evacuate lift chairs with the help of rappellers with the Mission Ridge Ski Patrol. 

30 Under 35 | Next question: Cory Wendt

The Wenatchee Valley Business World’s “30 Under 35” program earlier this year honored young community leaders. We tap their thoughts in this Sunday interview series.

People & Places

Faces and places in the business news.

Everyday Business | Home prices continue upward trend

House market jingle: The best holiday gift for local homeowners — particularly those selling their homes now — has to be this year’s continuing rise in prices. In October, the median sales price in the Wenatchee market rose to $269,450, up 8 percent from $250,000 last year, reports Pacific Appraisal Associates. Even better for sellers, the median price hit $280,000 over the last 90 days.
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Black Friday shopping

Black Friday brought out long lines of early morning shoppers, including hundreds at Hooked on Toys in Wenatchee. 
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30 Under 35 | Next question: Heidi Huddle

The Wenatchee Valley Business World’s “30 Under 35” program honored young community leaders earlier this year. We tap their thoughts in this Sunday interview series.
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Chelan-Douglas Trends: Share of population living below the federal poverty level

The Federal Poverty Guidelines, also referred to as the Federal Poverty Level, (FPL) determines an income threshold that varies by family size and age make-up, and below which a household unit is said to be living in poverty. The income counted in the FPL calculations includes wage and salaries, unearned income and most transfer payments. The calculations do not include the value of non-cash benefits such as food stamps, housing subsidies or Medicaid.

October retail sales beat expectations

WASHINGTON, D.C. — U.S. retail sales rose more than expected in October as households bought motor vehicles and a range of other goods, pointing to sustained economic strength that could allow the Federal Reserve to raise interest rates next month.
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Clothiers decide to hang it up after 110 years

WENATCHEE — You’d expect a closeout sale at the region’s top-ranking men’s store to have discounts on suits, khakis and Tommy Bahama tropical-print shirts. And you’d be right.