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Latest News

Joann to close 500 stores, including two in Spokane area

Fabric and craft retailer filed for bankruptcy protection last month
February 12, 2025
Journal of Business Staff

Joann, an 82-year-old fabric and craft retailer, has announced plans to close about 500 of its over 800 stores, including two in Spokane County.


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City leaders propose removal of building height limits downtown

Proposed ordinance aims to spur housing construction, economic development
February 12, 2025
Journal of Business Staff

Spokane Mayor Lisa Brown and members of the City Council have proposed an interim zoning ordinance that would eliminate building height limits in and around downtown.


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O'Reilly Auto Parts ordered to pay back lost earnings

Company unlawfully eliminated unused sick pay
February 11, 2025
Journal of Business Staff

Gov. Bob Ferguson and the Washington State Department of Labor & Industries have ordered O'Reilly Auto Parts to pay back a total of $163,458 in lost earnings to over 2,000 Washington workers.



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Northwest Specialty Hospital acquires surgical practice

Northwest General & Breast Surgery is located on hospital's Post Falls campus
February 11, 2025
Journal of Business Staff

Post Falls-based Northwest Specialty Hospital has acquired the private surgical practice of Dr. Antoine Sarkis.



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Washington state sees significant drop in capital gains taxes collected

Tax collections in Spokane County, however, remain essentially flat
February 11, 2025
Journal of Business Staff

Washington state’s capital gains excise tax collections for the 2023 tax year have dropped 47% from the previous tax year.



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DSP opposes bill to legalize sitting, camping on public property

Organization's leader says proposed law risks health, welfare of community
February 10, 2025
Journal of Business Staff

Downtown Spokane Partnership has come out in opposition to House Bill 1380.


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Key Tronic reports net loss in latest earnings report

Spokane Valley-based company sees decrease in revenue
February 7, 2025
Journal of Business Staff

Spokane Valley-based Key Tronic Corp. has reported a net loss of $4.9 million, or $0.46 per share, for the second quarter of the company’s 2025 fiscal year, which ended Dec. 28.


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Providence expands oncology care services

Four new providers added in Inland Northwest
February 6, 2025
Journal of Business Staff

Providence has expanded its Inland Northwest oncology care services with the addition of four new providers.


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AgWest distributes $414M in patronage dividends

Dividends to help reduce borrowing costs
February 6, 2025
Journal of Business Staff

AgWest Farm Credit has distributed $414 million in cash patronage dividends to its customer-members.


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StartUp Spokane, SIMBA partner on business events

Collaboration will expand business programming, resources for entrepreneurs
February 6, 2025
Journal of Business Staff

StartUp Spokane and the Spokane Independent Metro Business Alliance are partnering to expand business programming and resources for local entrepreneurs.


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