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Latest News

Spokane home sales activity starts 2025 on upswing

Median home price rises slightly as inventory grows
February 5, 2025
Journal of Business Staff

Spokane-area home sales started out 2025 with 319 single-family homes sold in January, up nearly 12% compared with the year-earlier month.


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Governor orders creation of data center workgroup

Group will evaluate impacts, make policy recommendations
February 4, 2025
Journal of Business Staff

Washington state Gov. Bob Ferguson signed an executive order to create a workgroup that evaluates the impacts of data centers on the state’s economy, tax revenue, energy use, and environment.


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David Evans & Associates acquires Portland-area firm

Engineering consulting company has presence in Spokane, Coeur d'Alene
February 4, 2025
Journal of Business Staff

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


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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.


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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.


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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.


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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.


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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.


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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.


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2025 People of Influence: Lucas Kjar, MODE Liberty Lake Owner

January 30, 2025
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