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Latest News

Virginia Thomas, Kevin Blocker

Protecting paychecks in Spokane

Spokane employers bring back workers as checks come in
April 23, 2020
Virginia Thomas
Nearly $7 billion of the total $348 billion in Paycheck Protection Program loans offered by the U.S. Small Business Administration have gone to businesses in Washington, including a number of employers in the Spokane area.
Read More
Natasha Nellis

Many national tenants opt not to pay April rents

Retailers, others refer to pandemic as 'force majeure'
April 23, 2020
Natasha Nellis
The commercial real estate sector is taking a hit as business shutdowns and significant cash flow declines force some companies to miss their rent payments, while some in the industry contend that businesses are choosing not to pay.
Read More
Skylab Architecture

$85 million in new development envisioned at Schweitzer

Early snow, coronavirus delayed new hotel work; opening pushed back
April 23, 2020
Kevin Blocker
The owner of Schweitzer Mountain Resort envisions about $85 million worth of enhancements at the North Idaho ski resort over the next decade, executives there say.
Read More

End of Metropolitan Mortgage saga is in sight

Final distribution likely by late September
April 9, 2020
Kim Crompton
Investors who lost huge sums when Spokane-based Metropolitan Mortgage & Securities Co. and affiliate Summit Securities Inc. shut down about a decade and a half ago should recoup a final, small portion of their money by this fall.
Read More

Guest Commentary: Nonprofits both needed, more in need during crisis

Fundraisers interrupted …
April 9, 2020
Carla Cicero
The COVID-19 crisis has clearly rocked our community. Businesses are pivoting to continue operating remotely or reinventing their business models to meet consumer needs. Many are adjusting to the 'new normal” of social distancing.
Read More

The Journal's View: Amid pain of virus pandemic, hopeful notes begin to ring

~
April 9, 2020
Staff Report
While our hearts go out to family, friends, and colleagues of victims of the COVID-19 pandemic, we're also seeing that these worst of times can bring out the best in people. And despite current economic pain and the sacrifices that come with the social
Read More

Restaurants & Retail: In their own words

~
April 9, 2020
Kevin Blocker
Taylor & Rachel Gano Fluffy's Candy 9502 N. Newport Highway, suite 4B, Spokane 
 In November of 2019, after two years of throwing the idea of opening a full-service candy store around, my wife and I finally made the jump and began looking
Read More

Xcraft raises $1.1M though crowdfunding effort

Drone manufacturer adds  more than 2K investors 
April 9, 2020
Virginia Thomas
XCraft Enterprises Inc., the Coeur d'Alene-based drone manufacturer, raised $1.1 million in angel funding in a campaign that closed early last month through the StartEngine crowdfunding platform. 
Read More

Most PNW commodities to be 'slightly profitable'

Wheat, lumber remain stable; dairy outlook dismal
April 9, 2020
Virginia Thomas
Most Pacific Northwest agricultural commodities are expected to be slightly profitable, though some will see drops in pricing due to effects of the COVID-19 pandemic, according to a quarterly report by Spokane-based agricultural lending cooperative
Read More

MultiCare consolidates Rockwood clinics temporarily

Combining ops is step to slowing spread of COVID-19, provider says
April 9, 2020
Virginia Thomas
MultiCare Health System is consolidating operations temporarily at some of its Rockwood primary-care clinics in order to reduce potential exposure of staff and patients to those who have contracted COVID-19.
Read More
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