Business | The Spokesman-Review

News > National business

Ships at LA’s ports face a fuel shock that’s shaking the economy

UPDATED: Fri., May 8, 2026

The massive ships that glide through the ports of Los Angeles and Long Beach are facing extreme fuel costs as oil prices rise, often paying millions of dollars more to top off their titanic tanks.

News > National business

Apple, Intel have reached preliminary chip-making deal, WSJ reports

UPDATED: Fri., May 8, 2026

Intel has reached a preliminary deal with Apple to make some of the chips that power the iPhone maker's devices, the Wall Street Journal reported on Friday, in a major boost for the chipmaker's bid to revive its manufacturing business.

News > National business

Spirit Airlines pioneered the ultralow-cost model, then failed. What does it mean for budget carriers?

UPDATED: Fri., May 8, 2026

As Spirit Airlines' final flight — 1833 from Detroit — descended into DFW International Airport shortly after midnight Saturday, one of its pilots declared over air traffic control frequencies, "It's hard to believe this is it."

News > National business

California tech company Cloudflare to lay off more than 1,000 workers, cites AI

UPDATED: Thu., May 7, 2026

Cloudflare is laying off 20% of its staff, the latest technology company to announce big cuts as it uses more artificial intelligence-powered tools. The San Francisco web performance and cybersecurity company said it was getting rid of 1,100 people. "The way we work at Cloudflare has fundamentally changed," Chief Executive Matthew Prince and Chief Operating Officer Michelle Zatlyn told ...

News > Business

The global oil crisis seems to be helping one industry: renewable energy

UPDATED: Fri., May 8, 2026

ROME – With the world’s most important fossil fuel supply route at a near-standstill, many advocates for wind and solar say the transition to renewable energy is about to shift to a much higher speed.

News > National business

Alaska Airlines seeks to take on $1B in debt amid jet fuel price spike

UPDATED: Thu., May 7, 2026

Alaska Airlines is looking to raise $1 billion, partly through a debt offering and partly through a new tranche to an existing loan, as the airline navigates a spike in jet fuel prices amid the Iran war.

News > National business

If you’re an iPhone user, you could get $95 from this Apple settlement

UPDATED: Thu., May 7, 2026

Some iPhone users could be eligible to collect up to $95 per device as part of a settlement over allegations that Apple misled consumers about the abilities of its artificial intelligence-powered features.

News > Local business

Spokane Journal of Business honors six former business leaders in annual icons awards

UPDATED: Thu., May 7, 2026

They may no longer be directly involved in the work, but these six former business leaders are still “icons” in the eyes of the Spokane Journal of Business.

News > National business

U.S. trade court rules against Trump’s 10% global tariffs

UPDATED: Thu., May 7, 2026

NEW YORK – The U.S. trade court on Thursday ruled against President Donald Trump’s latest 10% global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law.

News > National business

Fast-food sales rise despite higher gas prices

UPDATED: Thu., May 7, 2026

Consumers continued to pick up chicken nuggets, burgers and fries from McDonald's despite concerns that higher gas prices from the war with Iran would translate into eating out less.

News > National business

Doordash shares jump after strong quarterly forecast on food, grocery delivery demand

UPDATED: Thu., May 7, 2026

Doordash shares jumped 11% in premarket trading on Thursday, as demand for its food and grocery services helped the company forecast strong total order value for the second quarter despite concerns over higher gas prices.

News > Business

Dogs, Banjos, and Cake: Palliatives for a burning world | Ammi Midstokke

UPDATED: Thu., May 7, 2026

I keep trying to get my banjo teacher to teach me contemporary songs, because if Pink Floyd sounds good, it must sound good on the banjo, right?

News > National business

US rushes to fill global oil supply gap as exports reach record high

UPDATED: Thu., May 7, 2026

The United States exported oil at record levels in April, rushing to fill a global supply gap amid the Iran war, even as gas and oil prices remained stubbornly elevated.

News > National business

Disney posts strong earnings despite slowdown in park visitors

UPDATED: Wed., May 6, 2026

LOS ANGELES – Add weak theme park attendance to the long list of challenges facing Disney’s new chief executive.

News > National business

AMC is bringing a new live concert experience to local movie theaters

UPDATED: Wed., May 6, 2026

Movie theaters are no longer just for watching stories — they're becoming live entertainment portals. In a pivot toward live music entertainment, AMC is launching a real-time, interactive concert experience across 300 of its locations.

News > National business

U.S. says airline jet fuel costs jumped $1.8 billion or 56% in March

UPDATED: Wed., May 6, 2026

Major U.S. passenger airlines spent just over $5 billion on jet fuel in March, up $1.8 billion or 56% from what they spent in February, the U.S. Transportation Department said on Wednesday.

News > National business

Hertz selling used rental cars on eBay. Why they can be a good deal for drivers

UPDATED: Wed., May 6, 2026

Hertz is partnering with eBay to offer listings for its used cars that are coming out of its fleet for car buyers who are starved for deals with new and used car prices on the rise.

News > Local business

Two surveys suggest most Spokane residents are contemplating an exodus

UPDATED: Wed., May 6, 2026

Two different surveys this week came to virtually the same conclusion: some two-thirds of Spokane-area residents area are considering a move to another state.

News > National business

Uber can already bring you dinner. Now, it wants to book your hotel room

UPDATED: Tue., May 5, 2026

Users of the Uber ride-hailing service can now book hotel stays on the app, the San Francisco-based company announced last Wednesday. The new offering, a partnership with Expedia Group, an online travel agency, is the latest sign of Uber’s ambitions to become a super app, going beyond mere transportation.

News > National business

Publishers sue Meta, claiming it violated copyrights in training AI with their books

UPDATED: Tue., May 5, 2026

Five leading publishers and a best-selling author filed a class-action lawsuit against Meta and its founder, Mark Zuckerberg, on Tuesday, alleging that the tech giant violated copyright law by training its generative artificial intelligence platform on millions of illegally pirated books and articles.

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