Latest News

David Evans & Associates acquires Portland-area firm

Engineering consulting company has presence in Spokane, Coeur d'Alene

February 4, 2025

Portland, Oregon-based engineering consulting firm David Evans & Associates Inc. has acquired electrical and systems engineering firm Elcon Associates Inc., also of Portland.

Development group buys North Spokane retail property

Rite Aid, Burlington Coat Factory buildings included in transaction

February 3, 2025

Journal of Business Staff

The Franklin Park Shopping Center property that holds the former Burlington Coat Factory building and the neighboring Rite Aid store was sold for $10.2 million last month.

Gold Reserve deregisters Class A common shares in US

Company also pushes back on proposal from Canadian Revenue Agency

February 3, 2025

Journal of Business Staff

Gold Reserve Ltd. has deregistered its Class A common shares. The company also announced its response to a proposal from the Canadian Revenue Agency.

Two Spokane County housing projects receive grants

State funding will go toward development of 1,800 affordable units across 10 counties

January 31, 2025

Journal of Business Staff

Gov. Bob Ferguson and the Washington State Department of Commerce announced $14.6 million in grants to support housing projects that will create more than 1,800 affordable units in 10 counties, including for two projects in Spokane County.

Avista proposes rate increases in Idaho

Company seeks to recover costs for fixed expenses, ongoing investments

January 31, 2025

Journal of Business Staff

Avista Corp. filed a proposal with the Idaho Public Utilities Commission that would raise rates for Idaho customers, allowing the utility company to recover costs for fixed expenses and ongoing investments.

Washington Trust parent posts Q4 earnings increase

Full-years earnings remain essentially flat for holding company

January 30, 2025

Journal of Business Staff

W.T.B. Financial Corp. last week announced fourth-quarter 2024 net income of about $20.8 million, an increase of $9 million over the previous quarter, and a $10 million increase compared to fourth-quarter 2023.

RiverBank Holding Co. reports increase in earnings

Results characterized as record earnings by RiverBank parent

January 30, 2025

Journal of Business Staff

RiverBank Holding Co. reported 4th-quarter 2024 net income after tax totaled $677,656, or $0.61 per fully diluted share, compared to $356,283, or $0.32 per share, for the year-earlier 4th quarter.