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Latest News

Clearwater Paper reports jump in earnings

Net sales rise with inclusion of Georgia facility that was acquired last year
July 29, 2025
Journal of Business Staff

Clearwater Paper Corp. reported second-quarter net income of $2.7 million, or 17 cents per diluted share, an increase over the year-earlier second quarter when the Spokane-based paperboard manufacturer posted a net loss of $25.8 million, or $1.55 per share.


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PotlatchDeltic posts Q2 earnings decrease

Net income through first half of year up from 2024, however
July 28, 2025
Journal of Business Staff

PotlatchDeltic Corp. has reported second-quarter net income of about $7.4 million, or 9 cents per diluted share, down from the Spokane-based company’s net income of $13.7 million, or 17 cents per share, in Q2 2024.



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Mayor proposes early implementation of child care facilities law

New legislation aims to streamline process for opening child care centers
July 28, 2025
Journal of Business Staff

Spokane Mayor Lisa Brown has proposed implementing a new state law early to streamline the process for opening child care facilities.


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Taxable retail sales increase in Spokane County

Growth mirrors statewide rate
July 23, 2025
Journal of Business Staff

Taxable retail sales in Spokane County rose 3.1% in the fourth quarter of 2024, mirroring the statewide increase of 3.14%, according to data released this week by the Washington state Department of Revenue.


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Spokane-area unemployment rate hits two-year low

Total nonfarm jobs decrease over year
July 22, 2025
Journal of Business Staff

The unemployment rate for the Spokane-Spokane Valley Metropolitan Statistical Area dropped to 3.4% in June, down from 3.8% a year earlier and 4% in May, preliminary data from the Washington state Employment Security Department shows.


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Commerce sets rent cap for 2026

Maximum allowable increase goes into effect Jan. 1
July 21, 2025
Journal of Business Staff

The Washington State Department of Commerce has announced a maximum allowable rent increase of 9.683% for 2026.


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Washington Trust parent reports rise in earnings

Loans, deposits up year-over-year for W.T.B. Financial Corp.
July 18, 2025
Journal of Business Staff

W.T.B. Financial Corp., the Spokane-based holding company for Washington Trust Bank, posted second-quarter net income of about $19.6 million, or $7.91 per diluted share, an increase over the year-earlier quarter’s net income of about $11.7 million, or $4.69 per share.


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KarlOtterstrom_web.jpg

Spokane Transit Authority selects new CEO

Karl Otterstrom to assume role in August
July 18, 2025
Journal of Business Staff

The Spokane Transit Authority board of directors voted July 17 to confirm Karl Otterstrom as the agency’s next CEO.


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Northwest Specialty Hospital adds new operating rooms

Expansion expected to reduce surgery delays at Post Falls facility
July 18, 2025
Journal of Business Staff

Northwest Specialty Hospital opened its 11th and 12th operating rooms this week, expanding surgical capacity at the Post Falls medical facility.


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Azteca to close North Spokane restaurant

Valley location to remain open, spokesperson says
July 17, 2025
Dylan Harris

The Azteca Mexican Restaurant in North Spokane will close July 20, the restaurant chain announced on social media this week.


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