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Latest News

Some retailers are hopeful for revenue growth

Customer experiences expected to help boost in-store sales
December 19, 2024
Erica Bullock

Retail sales in Spokane had a sluggish start through the first half of the year ahead of what's expected to be flat or slightly higher sales through the last two quarters of 2024.


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Hyatt-Place_web.jpg

Affordability issues to dampen real estate activity

Despite high costs, North Idaho commercial market shows promise
December 19, 2024
Erica Bullock

Real estate affordability has been a top concern in Spokane and Kootenai counties this year for both the commercial and residential markets, and high costs are expected to persist in the new year.


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The-Falls-(8)_web.jpg

Construction activity to stabilize at slower rate in 2025

North Spokane Corridor is under bidding pause
December 19, 2024
Erica Bullock

A burst of construction activity in the beginning of the year has given way to a development slowdown that's projected to stabilize at a slower rate in 2025.


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Providence to sell 10 senior living centers

Pair of Spokane facilities among those to be sold
December 18, 2024
Dylan Harris

Providence announced Tuesday plans to sell 10 skilled nursing and assisted living care ministries, including two in Spokane, to The Ensign Group Inc.


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Continuous Composites files counterclaim in attorney fees dispute

3D manufacturer claims prior agreement is for $3M
December 5, 2024
Karina Elias

Continuous Composites Inc., of Coeur d'Alene, has filed a counterclaim in U.S. District Court in Spokane that disputes an earlier claim for attorney fees by Spokane Lee & Hayes PC.


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COVID-relief scammer sentenced to 16 years

Tyler Andrews ordered to pay $20M in restitution, forfeitures
December 5, 2024
Journal of Business Staff

An Arkansas businessman has been sentenced in federal court in Spokane to over 16 years in prison and to pay over $20 million for leading a nationwide COVID-relief scam that was uncovered by the Eastern Washington COVID-19 Fraud Strike Force.


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Fraud ringleader William Mize gets 12 years in prison

One scheme led to downfall of Ron Wells
December 5, 2024
Journal of Business Staff

William O. Mize, the ringleader behind a massive fraud scheme involving staged accidents and fabricated insurance claims, including one in which a prominent Spokane developer participated, has been sentenced in federal court in Spokane to 12 years in prison.


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Credit union plans new admin building on North Monroe

New building to be constructed at site of shuttered eatery
December 5, 2024
Erica Bullock

Spokane City Credit Union plans to develop a 2,300-square-foot administrative building to be located southwest of its only branch location, at 1930 N. Monroe.


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Aero-Flite to add more aircraft, employees

Spokane company grows as wildfire-fighting demand increases
December 5, 2024
Dylan Harris

Spokane-based aerial firefighting company Aero-Flite Inc. is poised for continued growth in 2025.


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CarbonQuest to double its workforce, expand tech

Estimated $36M infusion to enable company to enter new markets
December 5, 2024
Karina Elias

“We are at a growth inflection point.” 

Shane Johnson 

CarbonQuest Inc. 


$36M

Estimated capital raised in Series A funding. 


Read More
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