Latest News

Financial woes continue for health care systems

Medicaid increase to improve revenue in 2024

December 21, 2023

The Inland Northwest’s two largest health care providers—Providence and MultiCare Health System—both are projected to continue operating at losses in 2024, although representatives of each expect margins to improve.

Slower rate of growth anticipated for Spokane-area financial institutions

Deposits, loan demand have declined industrywide

December 21, 2023

Karina Elias

Most financial institutions, including banks and credit unions, will continue to see a slowdown in deposits with overall negative growth in 2024.

Parting Thoughts with Jon Ness, CEO of Kootenai Health

December 21, 2023

Karina Elias

The Journal met recently with Jon Ness, CEO of Kootenai Health, who will retire early next year, to discuss what inspired his career in health care, leadership lessons, and his retirement plans.

Journal names 24 People of Influence for 2024

Honorees to be recognized at event next month

December 21, 2023

Linn Parish

The Journal of Business has selected its honorees for the 24 People of Influence in 2024 awards.

City Council addresses housing law concerns

Issues regarding appraisals, lending lead to emergency ordinance

December 21, 2023

Dylan Harris

Spokane City Council took emergency action on Dec. 14 to address the concerns of appraisers regarding a new housing law that could have unintentionally forced single-family residential lots to be treated as commercial properties.

Fairchild lands on shortlist for new tanker fleet

Officials, however, are leaning toward a Florida air base as the preferred home of 24 new aircraft

December 21, 2023

Erica Bullock

The U.S. Air Force soon will decide if Fairchild Air Force Base will receive 24 new KC-46A Pegasus aerial refueling tankers, or if the aircraft will head elsewhere.

Action Materials to move HQ to West Plains site

Two-building complex to be company's fifth location in Eastern Washington

December 21, 2023

Dylan Harris

Action Materials Inc. plans to move its headquarters to the West Plains from its Cheney location.

Hub International acquires Longbow Financial

Spokane-based office to retain staff, continue serving clients here

December 21, 2023

Dylan Harris

Spokane-based wealth management company Longbow Financial Services LLC has been acquired by Hub International Ltd.

What's happening with: Augmented reality pioneer Gravity Jack

Tech company is making immersive game that will fuel AI language engine

December 21, 2023

Mike McLean

Gravity Jack is developing a globally targeted augmented reality game that will feed the company's language processing engines for 7,000 languages “that big tech doesn’t really care about.”