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Latest News

Most PNW commodities to be 'slightly profitable'

Wheat, lumber remain stable; dairy outlook dismal
April 9, 2020
Virginia Thomas
Most Pacific Northwest agricultural commodities are expected to be slightly profitable, though some will see drops in pricing due to effects of the COVID-19 pandemic, according to a quarterly report by Spokane-based agricultural lending cooperative
Read More

MultiCare consolidates Rockwood clinics temporarily

Combining ops is step to slowing spread of COVID-19, provider says
April 9, 2020
Virginia Thomas
MultiCare Health System is consolidating operations temporarily at some of its Rockwood primary-care clinics in order to reduce potential exposure of staff and patients to those who have contracted COVID-19.
Read More

Harlan Douglass envisions industrial complex on West Plains

19-building project totals over 1.5M square feet, to be east of Amazon
April 9, 2020
Natasha Nellis
Longtime Spokane real estate developer Harlan Douglass has set his sights on his next big development, a 19-building, 1.52 million-square-foot industrial complex on the West Plains.
Read More

Spokane employers send first wave of layoff notices to state

Economist says activity resembles 'natural disaster'
April 9, 2020
Kevin Blocker
Over the last few weeks, a half-dozen businesses with employees in Spokane County have filed notices signaling the Washington state Employment Security Department of temporary layoffs of more than 800 workers.
Read More

Around Town

Real Estate Transactions and Other Business Moves in the Inland Northwest
April 9, 2020
Staff Report
Seattle-based Grand Coulee Building LLC has purchased the 43,900-square-foot retail and residential Grand Coulee Building, at 106 S. Cedar, as an investment. The building has 49 residential units and seven retail spaces.
Read More
Washington State ABLE

State ABLE programs helps disabled people save for future

Special savings accounts don't risk federal benefits
April 9, 2020
Natasha Nellis
Washington state has added another tool to its roster to provide financial independence for those with disabilities and is engaged in a statewide push to increase awareness of its new ABLE program.
Read More
Virginia Thomas

Preparing for CARES: Businesses line up for Paycheck Protection Program loans

Forgivable loans available to small companies that keep, rehire employees
April 9, 2020
Virginia Thomas
Spokane-area small-business owners are looking into taking advantage of aid offered to them through the CARES Act, says Sheryl McGrath, Spokane-based associate state director of the Washington Small Business Development Center.
Read More

Parting Thoughts with Leo's Photography's Bill Robertson

~
April 9, 2020
Virginia Thomas
If you grew up in Spokane between 1978 and 2010, Bill Robertson probably took at least one of your school photos. Robertson doesn't know exactly how many students and teachers he's photographed over the years, but he's made each one of them smile.
Read More

Etailz lands additional $5 million in capital

Co-founder Simpson joins director's board
April 9, 2020
Kevin Blocker
Spokane Valley-based online retailer etailz Inc. has secured a round of investment funding for the second time this year, says the company CEO Kunal Chopra. The newly raised capital, just more than $5 million, comes from a group of investors
Read More
Journal of Business

ICM Asset Management prevails in arbitration over investor's claims

Panel says 'sloppiness' wasn't fraud or neglect
April 9, 2020
Kevin Blocker
A three-person panel of arbitrators has ruled that a long-time Spokane investment company and its owner didn't breach its fiduciary duties, nor did it commit fraud, as claimed by a Spokane businessman who had invested in the company.
Read More
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