Business

Business
8:47 am
Thu August 25, 2011

KPLU commentator, industry analyst advises selling Apple stock

Steve Jobs photographed in 2010.
Associated Press

At the news of Steve Job's departure from Apple's top job, Mark Anderson – KPLU's "The Digital Future" commentator and CEO of Strategic News Service, the first subscription-based newsletter on the Internet – told his subscribers to sell sell sell.

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Business
3:00 pm
Wed August 24, 2011

Apple says Steve Jobs resigning as CEO

SAN FRANCISCO — Apple Inc. says Steve Jobs resigning as CEO, effective immediately.

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Boeing
1:08 pm
Wed August 24, 2011

Parts in place to assemble first SC Boeing 787

NORTH CHARLESTON, S.C. – Boeing workers in North Charleston are assembling the first new 787 to be made in South Carolina.

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liquor control
11:31 am
Fri August 19, 2011

State wants to expose you to quality liquor

Washington State Liquor Control Board

A new law giving distillers the opportunity to set up tastings in state-run liquor stores goes into effect Sept. 1 and runs for a year.

The “spirits tasting pilot” was established by the Washington Legislature in response to a request from the Distillery Representative Association of Washington (DRAW).

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Business
9:03 am
Fri August 19, 2011

Boeing gets US, European safety approval for 747-8

Boeing has received safety clearance from the U.S. and Europe for the 747-8 freighter, clearing the way for the plane to be delivered to its first customer next month.

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Shipping
4:43 pm
Thu August 18, 2011

Third oil company considers megaloads despite delays

Pieces of an ExxonMobil refinery destined for Canada's oil sands travel up the Snake River to the Port of Lewiston in Idaho.
Courtesy of Imperial Oil

Another oil company is eying the Inland Northwest as a potential corridor for oversized shipments to the Canadian oil sands. That's despite prolonged legal wrangling that has delayed the other so-called "megaloads."

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Business
3:38 pm
Thu August 18, 2011

Is Microsoft entering new phase in the battle for engineers?

Steve Ballmer has said he wants more engineers in the top seats at Microsoft.
Associated Press

A panel discussion in Seattle this week hosted by Barokas Public Relations and GeekWire sparked a lively debate around the intersection of two questions:  Why are Facebook, Google, HP, Zynga and Salesforce.com building big shops in Seattle? And, Is Microsoft vulnerable to engineer-poaching because of its culture?

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Train Travel
10:54 am
Thu August 18, 2011

Late train from Seattle to Vancouver, B.C., to stay on track

Evening Amtrak service to Vancouver, B.C., will remain on the books.
SP8254 Flickr

The late train from Seattle to Vancouver, British Columbia, will no longer be coming to a stop.

The nightly service was scheduled to end on October 31, when Canadian officials said they expected Amtrak to start paying for the extra border staff it requires. The Canada Border Services Agency wanted $1500 a day to compensate for keeping patrol agents around later into the evening, according to Railway Age Magazine:

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Business
9:20 am
Thu August 18, 2011

Senator Murray touts new jobs legislation

Senator Patty Murray said in Seattle yesterday that the best way to improve employment in the manufacturing sector is by updating the nations Workforce Investment Act and creating other similar programs.

It seems like everyone is talking about the J word lately. That would be JOBS. The President was on the road in the Midwest talking about them this week.

Now Democratic Senator Patty Murray spent a couple hours at a local Seattle factory talking about how to keep them, how to create them and how to train people for them.

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Insurance fight
11:50 am
Wed August 17, 2011

Regence BlueShield fined $100,000 over IUD removal

OLYMPIA, Wash. – One of Washington’s largest health insurers faces a hefty fine for refusing to pay for the removal of a certain type of birth control device.

Regence BlueShield will pay a $100,000 penalty for improperly denying claims from nearly 1,000 women. The women had their IUDs removed because the device was outdated or they wanted to try to have a baby.

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Economy
10:43 am
Wed August 17, 2011

Wash. jobless rate notches back up to 9.3 percent

Washington's jobless rate is turning back up, reaching 9.3 percent in July after falling to as low as 9.1 percent earlier this year.

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Campaign Finance
11:03 am
Tue August 16, 2011

Starbucks CEO Howard Schultz calls for a boycott on campaign contributions

Kin Cheung AP

Starbucks CEO Howard Schultz wants some change in Washington D.C. and the best way to get it, he says, is by boycotting donations to political campaigns. In an open letter sent to Starbucks on Monday, he urged other company heads to withholding campaign contribution until President Obama and Congress solve the nation’s financial woes.  

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Business
2:10 pm
Fri August 12, 2011

The changing face of Rotary

Erin Simkins, 29, Is thinking about joining the Fremont Club. Rotary clubs, including Fremont's, are making an effort to recruit women.
Vanessa Romo KPLU

Mention Rotarians and most people's thought bubble consists of this: A group of older white guys in suits meeting for breakfast. But that's changing. In fact, there's a Rotary club in Seattle that's working hard to buck that stereotype.

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Business & Finance
2:00 pm
Fri August 12, 2011

Harry & David close to emerging from bankruptcy

Harry & David's flagship store in Medford.
Tom Banse Northwest News Network

One of the best-known Northwest brands is closer to getting out of bankruptcy. A federal judge has given a tentative okay to the recovery plan for Oregon gourmet food and gift retailer Harry & David.

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Real Estate
10:13 am
Fri August 12, 2011

Bargain basement mortgage rates get bank phones ringing

Mortgage rates fell to near-record lows this week: The nationwide average for a 30-year fixed rate mortgage is 4.3% according to Freddie Mac.
David Zalubowski Associated Press

Mortgage rates fell to near-record lows this week: The nationwide average for a 30-year fixed rate mortgage is 4.3% according to Freddie Mac. Rates that low are proving to be catnip to consumers in an otherwise dismal week.

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