Spokane Journal of Business

Top Stories

DIRECT FLIGHTS ADDED TO SAN DIEGO, LAS VEGAS
Two airlines announced plans to add new direct flights between Spokane and other cities in the western U.S. Alaska Airlines will add daily nonstop service between Spokane and San Diego beginning Oct. 1. Denver-based air passenger carrier Frontier Airlines announced it will provide nonstop service between Spokane International Airport and Las Vegas, beginning Aug. 13.

 

NIKE FACTORY STORE OPENS DOWNTOWN
The Nike Factory Store on the ground floor of the M Building, in downtown Spokane, opened on Thursday, June 14. The store, located at the northwest corner of Main Avenue and Howard Street, is billed as a “new hybrid Nike retail experience,” offering a mix of outlet pricing and full-priced items.

 

MONTANA REGULATOR APPROVES AVISTA ACQUISITION
The Montana Public Service Commission voted to approve conditionally the proposed acquisition of Spokane-based Avista Corp. by Toronto-based Hydro One. The final approval order is expected to be issued within a couple of weeks, at which time the transaction will have received all required approvals in Montana. Applications for regulatory approval of the transaction are still pending with utility commissions in Washington, Idaho, and Oregon.

 

CD’A MINING COMPANY LISTED ON CANADIAN EXCHANGE
Coeur d’Alene-based New Jersey Mining Co. said the company’s common shares were approved to be listed on the Canadian Securities Exchange, under the symbol NJMC. Trading of common shares in the company started Tuesday, June 19.

 

COMMUNITY FOUNDATION CHANGES NAME TO INNOVIA
Spokane-based charitable organization Inland Northwest Community Foundation changed its name to Innovia Foundation and launched a rebranding campaign. The new name means “innovative way” while its first four letters also refer to the Inland Northwest, said Shelly O’Quinn, Innovia Foundation CEO. 

 

EMPLOYERS STATEWIDE ADD 8,500 JOBS
The Washington state Employment Security Department said employers statewide added about 8,500 jobs in May, according to preliminary estimates. The statewide unemployment rate came in at 4.7 percent in May, down from 4.8 percent both in April and in May 2017.

 

MILITARY, AEROSPACE MUSEUM TO CLOSE
The Honor Point Military and Aerospace Museum will cease operations, effective July 1, and will vacate its space at Felts Field by Aug. 31. The organization’s board of directors is considering options to serve the community and preserve its artifacts, but it said in a press release that fundraising and revenue from operations aren’t enough to support the museum at the airport venue.