Spokane Journal of Business

Local News

Most PNW commodities to be ‘slightly profitable’

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 ...

Xcraft raises $1.1M though crowdfunding effort

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.  ...

Restaurants & Retail: In their own words

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 ...

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

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 ...

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

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. ...

End of Metropolitan Mortgage saga is in sight

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. ...

State accuses Spokane adviser of bilking clients of $2.9M-plus

The Washington State Department of Financial Institutions has accused a former Spokane financial planner of swindling millions from at least 19 clients over a 16-year period, starting in 2003....

Stimulus loan program gets off to rocky start, is important lifeline nonetheless

When the year began, business was booming, and the biggest challenge for many employers was finding qualified job applicants. Suddenly, we’re in an economic environment no one anticipated. ...

Spokane-area small businesses look to benefit from CARES Act

Spokane-area small-business owners are looking into taking advantage of aid offered to them through the CARES Act, says Sheryl McGrath, Spokane-based associate state director of the Washington Small Business Development Center....

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Spokane-area builders scramble to comply with state mandate

Spokane-area contractors are scrambling to comply with recent updates to Gov. Jay Inslee’s “stay home, stay healthy” order that has deemed commercial and residential construction as nonessential....

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