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CA judge throws out Musk vs Altman suit, Idaho-based company Alturas Ventures announced acquisition of three manufacturing companies, Accenture cuts 11k jobs, Trump settles IRS lawsuit for $1.7B.
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PNW Market Look
As of market close 5.18.26
Headline Roundup
OpenAI defeats Elon Musk's lawsuit, removes obstacle to IPO (Reuters)
(WA) UK clears Getty-Shutterstock merger with key condition (PBJ)
(WA) TrueBlue board reviews 'unsolicited' $105 million acquisition offer (PBJ)
Prosper Portland Repos Old Town Buildings Purchased by Failed Shoe Startup (WW)
PCL breaks ground on first phase of $175M stone wool plant near Walla Walla (DJC)
WSDOT Aviation publishes new airport system plan (WADOT)
Bob Ferguson-appointee sworn in to WA Supreme Court (KUOW)
Treasure Valley population grows by 150,000 in six years (IBR)
Merger deal brings together three manufacturing companies in Boise, Nampa, California (BD)
Habitat for Humanity to acquire Belmont Goats site through land transfer (PBJ)
Starbucks to lay off 252 employees tied to support center amid corporate restructuring (KOMO)
(ID) Huge hotel opens, more town homes, new recreation options — 8 development stories (IDS)
What to know about Trump’s $1.7B fund to compensate allies claiming political targeting (ST)
Regence signs for 90K-SF sublease in ZoomInfo Vancouver space (PBJ)
Public Land Groups Sue Montana Fish, Wildlife and Parks over Corner-Crossing Position (Ground)
Montana nonprofit releases interactive map of housing affordability in all 56 counties (Missoulian)
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Community Highlight
Check out the 2026 Idaho Statesman Voter Guide for the May primary election (IDS)
Rip’s Spotlight
Great Falls rolls out tax breaks to lure company to the city (MTFP)
“By the end of the month, Janicki Industries is expected to choose between Great Falls, Twin Falls, Idaho, and Jerome, Idaho, to build a 1.5-million-square-foot manufacturing campus that could bring hundreds of jobs to the area.
“…It offers a 50% reduction in property taxes for five years. That reduction diminishes over the next five years, until the company pays the full amount by year 10 and beyond.”
“The total estimated tax benefit would reduce the company’s annual tax burden from $9.3 million to about $3.8 million. It would be one of the largest tax breaks given by the city and county, given the size and scope of the Janicki project.”
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