Spokane Journal of Business

Local News

Avista eyes healing remedies

After sustaining deep financial wounds in 2001, Avista Corp. is aiming to take some important steps in the first quarter toward recovery.First, though, the Spokane company, hurt over the last two years by precipitous wholesale energy prices and...

Schweitzer owner details long-term development

Schweitzer Mountain Resort is embarking on an aggressive development program that includes marketing some of its 7,000 acres of property to other developers; increasing air-travel access to Sandpoint; and engaging in joint marketing efforts with to...

Bankruptcy filings hit record level in district

Bankruptcy filings in Eastern Washington rose last year to a record high, and some observers say the increase will continue.During 2000, businesses and individuals filed 8,357 petitions seeking protection from creditors in the U.S. Bankruptcy in...

Deaconess, Shriners consider joint venture

Deaconess Medical Center and Shriners Hospital for Children-Spokane are studying the idea of creating a joint childrens hospital, although little is being said publicly about what such a venture would entail.We have been in preliminary with...

Spokane’s Crows Nest inks deal with MP3.com

Crows Nest Entertainment Inc., of Spokane, has signed a pact with San Diego-based MP3.com Inc. through which it will begin selling and installing a new Web-based business music and advertising delivery service nationwide.Pat Stimpson, executive...

Metropolitan ends its year with red ink

Metropolitan Mortgage & Securities Co., the big Spokane-based financial-services company, has posted a loss applicable to common shareholders of about $12.2 million for its 2000 fiscal year that ended Sept. 30.The loss represented a sharp from a...

Costco looks to acquire leased building on Third

Costco Wholesale Corp., the big Issaquah, Wash.-based membership warehouse chain, is attempting to buy the building near downtown Spokane that it will vacate next month after it opens a new, bigger outlet in the Spokane Valley.Kyle BrinJones, at...

$40 million subdivision planned in Hayden area

Shorewood Homes Inc., of Hayden Lake, Idaho, is asking the nearby city of Hayden to annex 115 acres of undeveloped property upon which it wants to build a $40 million residential subdivision.The construction and development company plans to 310...

Lotions, potions, earthy notions

Lotions & Potions, it might be argued, is part of the lasting progeny of Spokanes environmentally themed Expo 74 worlds fair.Owner Lara Hollingshead started the skin-care-and-bath-products business in a tiny space in the rejuvenated Flour...

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