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Latest News

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Around Town: August 29

August 29, 2024
Erica Bullock
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Avista Corp. names Rosentrater as next CEO

August 26, 2024
Journal of Business Staff

Avista Corp. CEO Dennis Vermillion plans to retire at the end of the year. He will be succeeded by Heather Rosentrater.


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Spokane Symphony, Fox Theater director to step down

Former bank executive named to interim post
August 21, 2024
Journal of Business Staff

Jeff vom Saal plans to step down as executive director of the Fox Theater and Spokane Symphony on Aug. 31.


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Total jobs increase year over year in Spokane MSA

Jobless rate increases during same period
August 20, 2024
Journal of Business Staff

Employers in the Spokane Metropolitan Statistical Area have added about 1,900 jobs a 12-month period ending in July, preliminary data from the Washington state Employment Security Department show. 


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New professional building proposed near Northpointe Plaza

Developers seek approval for $1.8M office structure
August 15, 2024
Erica Bullock

A real estate property investment company is proposing to bring a new $1.8 million professional office building to North Spokane.


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Micro-hospital to open soon in North Idaho

Post Falls ER & Hospital will offer 24-hour emergency care, inpatient services
August 15, 2024
Dylan Harris

A new micro-hospital is expected to open in Post Falls this month at 497 S. Beck Road.


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Give Them Liberty (Lake): Big national companies drawn to border town

Available land, political climate make Liberty Lake more attractive
August 15, 2024
Dylan Harris

Numerous national companies have set up shop or expressed interest in expanding to Liberty Lake along the south side of the freeway in 2024.



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STCU agrees to acquire Oregon bank

Transaction will add 10 locations to the credit union's branch network, $550M assets
August 15, 2024
Karina Elias

STCU has announced plans to acquire an Oregon-based bank with a presence in Washington that would increase its assets to $6.4 billion and branch network to 49. 


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Private-sector advocacy group looks to public-sector veteran for leadership

First CEO of the Spokane Business Association plans to make progress on key initiatives in first 12 months
August 15, 2024
Erica Bullock

A group of private sector stakeholders are making an aggressive push to effect change in the Spokane area with the creation of the newly formed Spokane Business Association, where a longtime public executive known for his effective communication, convening, and collaboration, has been chosen to lead the organization. 


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Parting Thoughts: Kurt Walsdorf, Bank of America Corp.'s Spokane/Boise market president

August 15, 2024
Karina Elias

Kurt Walsdorf spent his entire 40-year career with Bank of America serving the community was born and raised in. While he's retiring from his role as president for the Spokane/Boise market, he still plans to stay involved. 



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