Business

Business
3:09 pm
Fri June 10, 2011

Boeing cuts ribbon on $750 million South Carolina plant

Boeing South Carolina teammates, elected officials and representatives from community and business groups, suppliers and subcontractors tour the new 787 Dreamliner Final Assembly building in North Charleston, S.C. during the building's opening ceremony.
Boeing

NORTH CHARLESTON, S.C. — South Carolina Gov. Nikki Haley and state officials have joined hundreds of Boeing workers in North Charleston to cut the ribbon opening the company's 787 jetliner assembly plant at the center of a National Labor Relations Board dispute.

Haley on Friday called Boeing a great American company said its workers make all South Carolinians proud.

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Wedding insurance
10:51 am
Fri June 10, 2011

More buying wedding insurance ('cold feet' not covered)

A newly wed couple.
epSos.de Flickr

June is one of the most popular months of the year to get married. That means brides-to-be are preparing for their long-awaited - and probably highly expensive - wedding day. While there are no guarantees for a successful marriage, a new type of business can guarantee the special day goes as planned.

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Business
8:58 am
Thu June 9, 2011

Court says Microsoft must pay $290 million

The high court on Thursday refused to throw out the judgment against Microsoft.
Associated Press

The Supreme Court says Microsoft Corp. must pay a $290 million patent infringement judgment awarded to a small Toronto software company in a patent lawsuit.

The high court on Thursday refused to throw out the judgment against the world's largest software maker.

Toronto-based i4i sued Microsoft in 2007, saying it owned the technology behind a tool used in Microsoft Word. The technology in question gave Word 2003 and Word 2007 users an improved way to edit XML, which is computer code that tells the program how to interpret and display a document's contents.

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Business
3:52 pm
Wed June 8, 2011

Union cries foul over U.S. House plans for Boeing hearing

Associated Press

The Machinists Union says it's surprised and disappointed to hear of plans by Congress to hold a hearing next week over the federal labor lawsuit against Boeing. 

The National Labor Relations Board has filed suit against the aerospace giant claiming the company moved manufacturing facilities to South Carolina to avoid unionized workers.  A hearing on that issue starts Tuesday morning in Seattle.  Now the NLRB's attorney is being summoned to a hearing of the U.S. House Committee on Oversight and Government later in the week.

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Business
9:06 am
Wed June 8, 2011

Sick Hanford workers say safety still not a priority

About 50 workers from the Hanford Nuclear Reservation complained about health and safety issues at a meeting in Richland on Tuesday night. The conference was organized by Hanford Challenge, a watchdog group.

Most who attended the meeting complained they aren’t being compensated adequately for their health problems. They also said Hanford contractors and the federal government aren’t keeping workers safe in places like the nuclear waste tank farms.

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Businesses Facing Climate Change
6:44 pm
Tue June 7, 2011

Is Amazon.com sustainable?

Cheuk-man Kong Flikr

Amazon.com has been thriving, despite the economic downturn. Shares in the company are now worth more than five times a much as they were five years ago, thanks in part to innovations such as its electronic book reader, the Kindle, or its move into data storage of all kinds of things "in the cloud."

But it's just these futuristic lines of business that have some shareholders worried. 

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Business
10:16 am
Tue June 7, 2011

Chase seeks veto of fee disclosure

OLYMPIA, Wash. – JP Morgan Chase, the second largest bank in the country, is lobbying Gov. Chris Gregoire to line-item veto a requirement that the bank alert Washington cash assistance clients of an ATM fee the bank charges.

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Business
4:10 pm
Mon June 6, 2011

Rent your car to a stranger?

Portlander Eric Loebel hopes to rent out his Volvo S80 through a car sharing service.
Colin Fogarty Northwest News Network

Your car may be your most-prized personal possession, but the vast majority of the time it's parked not doing anything. Now, several startup companies propose to help you capitalize on your car's downtime by renting it to perfect strangers.

Following the example set by California last year, the Oregon Legislature is set to tweak its insurance rules to smooth the road for person-to-person car rentals. One company already has hundreds of registered users across the Pacific Northwest, even though the service has not officially launched in that region. And, another company plans to include Washington state this summer.

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Business
4:12 pm
Fri June 3, 2011

Foreign visitors to Washington, Seattle jump more than 30 percent

New air routes from Seattle to Iceland and Asia have helped increase the percentage of visitors from overseas to Washington state and Seattle by more than 30 percent.
Shawn McClung Flickr

New air services connecting Seattle to Iceland and Asia have helped Washington state lead the nation in attracting visitors from overseas, according to the U.S. Commerce Department and Seattle's Convention and Visitors Bureau. Tying with Nevada for the highest percentage growth in foreign visitors from 2009 to 2010, Washington state visits increased by 32 percent compared with an 11-percent growth nationally.

Among top U.S. cities, Seattle and Los Angeles led with a 33-percent increase in attracting foreign visitors. Other cities with double-digit increases were Las Vegas with 31 percent; Atlanta, 25 percent, and San Diego, 24 percent.

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seattle center neighborhood
6:01 am
Fri June 3, 2011

Gates' "conspicuous" new building

Melinda Gates speaks at the opening reception of the Bill & Melinda Gates Foundation in Seattle.The foundation formally opened the new headquarters Thursday evening.
Elaine Thompson AP

The Bill and Melinda Gates Foundation is trying to make its work more conspicuous.  That’s one explanation the billionaire couple gave for its new campus during a grand-opening event Thursday night.

About a thousand people packed into the campus' new grand atrium, which has a wall of glass four stories tall. 

Bill Gates spoke briefly, thanking his parents for setting an example of civic volunteerism. He quickly turned the microphone to his wife, saying, "The person who really had responsibility was Melinda, and let me thank her as I invite her to the stage."

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seattle center
3:08 pm
Thu June 2, 2011

Gates family, employees celebrate opening of new campus

The Gates Foundation's new headquarters in Seattle is meant to look "bold."
Tom Paulson KPLU-Humanosphere

More than a thousand workers at the Bill and Melinda Gates Foundation have moved into their new campus across the street from Seattle Center. Celebrations are planned tonight (Thursday) and this weekend. Foundation leaders say they want to be more visible to the public.

(A public open-house is this Saturday, from 10am-4pm. Advance registration is required, here.)

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Mergers and Acquisitions
6:57 pm
Wed June 1, 2011

Soon to be official: Walgreens' acquisition of Drugstore.com

Investors in Bellevue-based drugstore.com gather Thursday for their annual shareholder meeting. It's likely the last time they'll meet there. 

The online-retailer is being acquired by its biggest brick and mortar competitor: Illinois-based Walgreens. 

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Beer
2:02 pm
Wed June 1, 2011

Small craft breweries hopping in Poulsbo

Mark Hood, left, and Brad Ginn of Sound Brewing in Poulsbo.
seattebeernews.com

At the beginning of the year Poulsbo had no breweries. Now it has four.

The breweries produce small batches in kegs. None are bottling yet, but they hope to grow.

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Rea Estate
11:49 am
Tue May 31, 2011

Home-price index continues to drop, but Seattle prices rise

A sign promotes a newly-sold home in Seattle. Home prices continue to fall across most of America's largest cities. Only Seattle and Washington, D.C. bucked the trend.
Elaine Thompson AP

Home prices in major markets around the U.S. dropped to their lowest levels since 2006 in March. But not in Seattle.

After falling almost two percent in February, Seattle home prices were up a modest 0.1 percent in March, but still down 7.5 percent compared to March 2010.

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urban growth
9:59 pm
Mon May 30, 2011

Gates Foundation big campus opens across from Seattle Center

NBBJ Architects

Everything about the Bill and Melinda Gates Foundation is looking big these days.

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