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Latest News

Rockwood Health owner reports $1.43 billion loss

Community Health Systems looks to trim more hospitals
August 11, 2016
LeAnn Bjerken
Community Health Systems Inc., the Tennessee-based hospital operator that owns Rockwood Health System in Spokane, has reported a $1.43 billion second-quarter loss, compared with net income of $111 million for the same period last year. Noncash goodwill i
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General Growth Properties sees drop in earnings

GGP reports rise in its rental rates
August 11, 2016
LeAnn Bjerken
General Growth Properties Inc., the Chicago-based company that owns and operates both the NorthTown Mall and Spokane Valley Mall, has reported a decrease in second-quarter earnings compared with the year-earlier period. The company posted second-quarter
Read More
—ALSC Architects PS

Airway Heights moves ahead with plans for recreation complex

$13 million project could start in 2017
August 11, 2016
Treva Lind
Recreational activities could translate into an economic boom in upcoming years for the city of Airway Heights, following apparent Aug. 2 voter approval of a $13 million bond to build a recreation center. The center-with indoor pools, courts, fitness a
Read More

Inland Northwest stock composite jumps

Market capitalization rose 19 percent in Q2
August 11, 2016
Hart Capital Management Inc., of Spokane, says the composite value of the 10 publicly traded Inland Northwest companies rose to $9.8 billion in the second quarter of 2016, an increase of $1.6 billion, or 19 percent, from the previous quarter. It's the
Read More

Cd'A parts maker acquires West Side competitor

AMP, Mold-Rite together employ about 230 people
August 11, 2016
Kim Crompton
The husband-and-wife owners of Accurate Molded Plastics Inc., a plastic parts maker based in Coeur d'Alene, have bought competitor Mold-Rite Inc., of Woodinville, Wash., for an undisclosed sum. Together, the two companies employ 230 people, including a
Read More
—BNSF Railway Co.

Railroads look to derail fines

Stuckart now says he'll ask Council to pull measure from ballot
August 11, 2016
Kim Crompton
BNSF Railway Co., which has a legacy here dating back more than a century, has wasted little time in making clear that it intends to challenge-on multiple tracks-an initiative put forth by the Spokane City Council that could restrict the movement of o
Read More

Northwest Farm Credit posts rise in capital, net income

Earnings remains down for first half of the year
August 11, 2016
Linn Parish
Northwest Farm Credit Services, the Spokane-based agricultural lending cooperative, has reported second-quarter earnings of $57.9 million, up 3 percent from $56.1 million in net income during the year-earlier period. As of the end of the second quarter,
Read More

Spokane Valley extends mining moratorium

City attorney says it doesn't hamper existing operations
August 11, 2016
For the second time this year, the city of Spokane Valley has extended a temporary, six-month moratorium on new mining until it completes its comprehensive land-use plan. Spokane Valley deputy city attorney Erik Lamb says city officials think they'll f
Read More
—Kevin Blocker

North Spokane Corridor: Will it bridge or divide?

New freeway's connection to community scrutinized
August 11, 2016
Mike McLean
Just as the Washington state Department of Transportation awaits the flow of transportation funding to resume construction on the North Spokane Corridor, new ideas are being floated for it, including tossing the freeway concept for the remaining portion o
Read More

Gold Reserve, Venezuela reach settlement worth $1 billion-plus

After nearly a decade, parties strike accord, to partner
August 11, 2016
Nearly a decade after the Venezuelan government expropriated its primary development property, Spokane-based Gold Reserve Inc. finally has reached a financial settlement with the South American government worth just over $1 billion. Venezuela has agree
Read More
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