Business

Business
1:39 pm
Thu January 23, 2014

Microsoft Earnings And Revenue Climb, Still No CEO Announcement

Wally Santana AP Photo

In the face of a steadily declining market for personal computers, Microsoft succeeded in boosting both revenue and profit in the most recent quarter, coming in ahead of analyst estimates. 

Sales climbed 14 percent to $24.5 billion in the quarter ended Dec. 31, and net income rose 2.8 percent to $6.6 billion, or 78 cents a share. The consensus estimate of analysts was 69 cents a share, according to Bloomberg. 

Read more
Jobless Rate
12:27 pm
Thu January 23, 2014

State Unemployment Rate Lowest In 5 Years

FILE - A woman looks over a job information sheet Tuesday, June 16, 2009, at a job fair in Seattle.
Elaine Thompson AP Photo

The unemployment rate in Washington state has fallen to the lowest level in five years.

New numbers for December from the state Employment Department peg the current jobless rate at 6.6 percent. The figure hasn’t dipped lower since November 2008.

Read more
Machinists Union
5:00 am
Thu January 23, 2014

Reform Candidates Try To Dislodge Top Leaders Of The Machinists Union

Machinists are seen rallying against Boeing's contract extension offer.
Ashley Gross KPLU

The contentious Boeing contract extension offer that machinists narrowly passed earlier this month left many workers unhappy with their union leaders. This Saturday, they’ll have a chance to nominate new candidates for top positions in the union’s national headquarters. 

But the reform candidates face an uphill battle in their effort to dislodge the top leaders. The International Association of Machinists and Aerospace Workers hasn’t had a contested election for its highest jobs in more than half a century.

Read more
Business
5:01 am
Tue January 21, 2014

NLRB Once Again Caught In The Middle Of A Thorny Boeing-Machinists Dispute

Boeing machinist Eddie Bjorgo greets fellow workers heading to a union hall to cast ballots with signs urging a "no" vote Friday, Jan. 3, 2014, in Everett, Wash.
Elaine Thompson AP Photo

The National Labor Relations Board once again is being called into the middle of a thorny dispute between machinists and the Boeing Company. Could the agency find itself in as much political hot water this time as three years ago?

2011 is the year the NLRB exploded onto the national consciousness, all because the agency’s general counsel filed a complaint against Boeing over its decision to build a Dreamliner plant in South Carolina. That drew heated responses from many political conservatives.

Read more
Business
4:31 pm
Thu January 16, 2014

Economist: 'We Owe 51 Percent Of The Boeing Machinists A Big Thank You'

A worker wiring a plane in Boeing's Everett facility
Ashley Gross KPLU

Regional economist Dick Conway says even though we have lots of big, vibrant companies in the Puget Sound area these days, our economy still rises and falls with the fortunes of one, a certain aerospace giant.

And that's why he says it's so critical that Boeing's 777x jet will be built in Washington state after members of the International Association of Machinists and Aerospace Workers voted narrowly to accept a contract extension. They agreed to cuts in hard-fought retirement and health benefits to preserve those jobs. 

Read more
Business
8:47 pm
Tue January 14, 2014

Embattled Local Leader Of The Machinists Union Announces Resignation

Machinists union president Tom Wroblewski speak at a signing event for legislation to help keep production of Boeing's new 777X in Washington, Monday, Nov. 11, 2013, at the Museum of Flight in Seattle.
Elaine Thompson AP Photo

Citing health concerns and two hospital stays brought on by stress connected to the Boeing 777x contract extension proposal, the embattled local leader of the machinists' union says he'll resign at the end of the month. 

Tom Wroblewski, 59, has been president of District Lodge 751 of the machinists' union since 2007. Prior to the post, he served as a grievance coordinator as well as a business representative for the union, with assignments throughout the Puget Sound region. 

The experience of the 777X contract proposal "changed my perspective on work-life balance," Wroblewski said in a statement. "Your job should not destroy your health."

Read more
Boeing Dreamliner
9:44 am
Tue January 14, 2014

Boeing Confirms New 787 Battery Incident In Japan

File image
AP Photo

Boeing is confirming an incident with a battery on a Japan Airlines 787, in a reminder of the problems that grounded the plane for three months last year.

Boeing says it appears that a single battery cell "vented," or released gas. It was discovered during scheduled maintenance on the ground at Tokyo's Narita airport on Tuesday. No passengers were on board.

Read more
Business
11:02 pm
Thu January 9, 2014

Forecast for Pierce County's Economy in 2014: Partly Sunny

It’s taking longer for Pierce County to bounce back from the recession than counties to the north, such as King and Snohomish. But economists at Pacific Lutheran University expect the economy in Tacoma and the region to show some improvement this year. 

PLU economists Martin Wurm and Neal Johnson have been crunching the numbers on everything from Pierce County’s housing market to retail sales to come up with an economic forecast. 

Read more
Business
12:50 pm
Thu January 9, 2014

Inslee Bemoans Corporate Incentive Competitions

Washington Gov. Jay Inslee speaks about the upcoming legislative session, Thursday, Jan. 9, 2014, at the AP Legislative Preview in Olympia, Wash.
Ted S. Warren AP Photo

Washington Gov. Jay Inslee wishes states weren't in constant competition to provide financial incentives in order secure jobs from big companies.

Read more
Minimum Wage
3:26 pm
Tue January 7, 2014

Airport Workers Urge Port Commission To Adopt $15 Min. Wage Passed By Voters

In this Tuesday, Oct. 22, 2013 photo, wheelchair attendants Erick Conley, left, and Sesilia Vaitele assist a pair of passengers heading to an overseas flight at Seattle-Tacoma International Airport, in SeaTac, Wash.
Elaine Thompson AP Photo

Airport workers are urging Port of Seattle commissioners to adopt the $15 per hour minimum wage that voters in the city of SeaTac passed last November. 

The Port of Seattle, which oversees the seaport as well as Sea-Tac International Airport, argued in court late last year that it doesn’t fall under the jurisdiction of the SeaTac minimum wage initiative. King County Judge Andrea Darvas agreed, and as a result, baggage handlers, cabin cleaners and other airport workers who had been hoping for a jump in pay at the beginning of this year haven’t gotten one.

Read more
Microsoft
3:00 pm
Tue January 7, 2014

Ford CEO Mulally Not Leaving For Microsoft

FILE - In this Oct. 21, 2013 file photo, Alan Mulally, president and CEO of Ford Motor Company speaks during a news conference in Hong Kong.
Vincent Yu AP Photo

Ford CEO Alan Mulally says he will not leave the automaker for Microsoft and will stay at Ford at least through 2014.

Mulally is widely credited with saving Ford after being hired away from Boeing in 2006. But in recent months there have been numerous reports that he was in the running for the top job at Microsoft, where CEO Steve Ballmer has said he plans to leave the company sometime this year.

Read more
Liquor Laws
10:56 am
Tue January 7, 2014

Wash. Liquor Privatization Leaves Northwest Craft Distilleries Hungover

Courtesy of Dry Fly Distilling in Spokane, Washington.

A Hood River distillery has the top-selling brand of liquor, according to sales numbers released by the state of Oregon. But other craft distillers say those hot numbers don’t reflect their experience.

Before liquor sales were privatized in Washington state in mid-2012, small local distilleries were featured in state-owned shops there and throughout the Northwest. Now, top craft distillers say national brands are hogging the shelf space in Washington, the biggest market in the region.

Read more
Machinists Vote
10:04 pm
Fri January 3, 2014

Local Machinists Narrowly Approve Boeing's Best And Final Offer For 777X Work

A volunteer vote counter tallies ballots Friday, Jan. 3, 2014, at the Boeing machinists union hall in Seattle.
Ted S. Warren AP Photo

Local machinists narrowly approved Boeing’s “best and final” offer that guarantees assembly of the next 777 wide-body jet and the fabrication of the plane's carbon-fiber wing for the Puget Sound region.

Some 30,000 local machinists accepted the deal with a 51-percent vote, said International Association of Machinists and Aerospace Workers spokesman Jim Bearden late Friday.

Read more
Boeing Decision
6:46 pm
Thu January 2, 2014

On Eve Of Union Vote, Machinists Protest Boeing's Latest Offer

Ashley Gross

Several hundred Boeing machinists and supporters gathered in a Seattle union hall Thursday to urge members to reject Boeing’s contract offer.

The rally came on the eve of a crucial vote on what Boeing has called its best and final offer. Acceptance of the labor deal by some 30,000 local machinists would guarantee 777 assembly work for the Puget Sound area.

But local union leaders are urging members to reject the offer, saying the workers are asked to make concessions even though the company is having a profitable run.

Read more
Boeing Decision
12:59 pm
Thu January 2, 2014

Some Workers Set To Reach $100K Pay In Boeing Deal

AP Photo

Boeing's contract proposal to machinists in the Puget Sound region would likely increase some workers' annual base salaries to more than $100,000 in the coming years.

The offer going to a vote this week would slow the growth of machinists' wages starting in 2016, but workers would still get regular cost-of-living adjustments and an additional 1 percent raise every other year.

Read more

Pages