Millennium lays off 15 percent of its workforce

Millennium Bulk Terminals announced that it has laid off 15 percent of its employees in Longview, two weeks after the retirement of former CEO...

Washington unemployment drops to record low

Washington’s jobless rate continued to decline last month to 4.3 percent, down from 4.4 percent the month prior. The state added 12,400 jobs in...

Gas prices fall before Thanksgiving

Gas prices are dropping throughout the country, with five states having a gas station selling gas for less than $2 per gallon. One analyst...

Post Office wants stamp price increase

Due to continued losses, the U.S. Postal Service (USPS) has received a record stamp price hike. In fiscal year 2018, the Postal Service suffered...

Bellingham manufacturer looks for new location after fire

Bellingham-based manufacturer Blue Sea Systems’ building caught fire this weekend, resulting in millions of dollars in damages. The company’s leadership says they are looking...

Seahawks to remain in Seattle under new ownership

A recent NFL.com report states that the Seattle Seahawks will be sold by Paul Allen’s estate with the proceeds going to his foundation, and the...

Bellevue tech company to be bought

Cloud software company Apptio has announced plans to be purchased by private equity firm Vista Equity Partners, for roughly $1.94 billion, or $38 per...

Seattle home prices drop $80,000

In the city of Seattle the median home price has fallen to $750,000, which is $80,000 lower than the price earlier this year. In...

Spokane-Coeur d’Alene area expects population boom

Economists say the Spokane-Coeur D’Alene metro area could experience an influx of 15,000 people moving to the region next year if current predictions pan...

Little Cherry Disease poses threat for growers

Washington State University warns that although Little Cherry Disease is nothing new for Washington state, this year’s outbreak is approaching epidemic levels. The disease...

Tesla names new chairman

Tesla has named Robyn Denholm, who has served on the company’s board since 2014, as its new chairman. She is also the chief financial...

Papa Murphy’s might be for sale

Papa Murphy’s has announced the hiring of a merger-and-acquisition firm for a “comprehensive review of its business strategy.” A company spokesperson elaborated that a...

Construction on Boeing’s new Chinese facility nears completion

Boeing announced that its China 737 jet completion facility in the city of Zhoushan will open next month with the goal of delivering its...

Seattle ridesharing numbers revealed

Uber and Lyft provided more than 91,000 rides on a typical day in Seattle during the second quarter of this year, according to ridership...

Sound Transit CEO may get pay raise

The Sound Transit Board is considering an 11 percent pay raise for CEO Peter Rogoff from $328,000 to $364,000. Earlier this year, the board...

Amazon to break HQ2 in two

Amazon has announced that it plans to separate its second headquarters into two locations, one in New York City and another in Arlington, Virginia....

Bellingham-based Alpha Technologies sold for $750 million

Global energy company EnerSys is purchasing Bellingham-based commercial energy equipment company Alpha Technologies for $750 million in a deal anticipated to wrap up within...

Port of Bellingham prepares for new growth

The Port of Bellingham announced it has entered a three-year service contract with Ports America, which will allow international cargo to start arriving at...

State Department of Commerce hires new aerospace lead

Washington’s Department of Commerce has brought on former Greater Spokane Incorporated (GSI) Director of Business Development Robin Toth to lead the state’s charge for...

U.S. workers see largest wage increase since 2008

The U.S. Labor Department reported that American workers are experiencing the largest wage increase in a decade. This past September’s wages increased 2.9 percent...

Rich millennials investing in Bitcoin

A new study by Edelman indicates that millennials are investing in cryptocurrencies such as Bitcoin, much of that due to distrust of traditional financial...

China stealing billions from Microsoft, says former CEO

Former Microsoft CEO Steve Ballmer is claiming that 90 percent of Chinese companies use the Microsoft operating system, but only one percent pay for...

Coca-Cola’s healthy drinks a big success in Q3

Coca-Cola’s water and sports drink sales rose 5 percent in the third quarter, mostly thanks to drink popularity with China and Mexico consumers. The...

Millennium Bulk Terminals CEO announces retirement

Bill Chapman has announced that he will be retiring after four years as President and CEO of Millennium Bulk Terminals (MBT). “I am so grateful...

Seattle homes now sell for less than asking price

For the first time in four years, the average Seattle metro home is selling below the asking price. Earlier this year, the average house...

GE cuts shares to one cent

General Electric has reduced its stock value to one cent, the lowest level since 2009 after the company revealed that the Securities Exchange Commission...

Investors disappointed in Amazon’s performance

Although Amazon brought in close to $3 billion in profits in the third quarter, the company fell short of investor expectations, causing shares to...

U.S. economy strong in third quarter

The U.S. Commerce Department reports that the past two quarters have marked the strongest consecutive growth since 2014. This past quarter, real gross domestic...

REC Silicon’s Moses Lake plant to remain open

REC Silicon announced it will not be closing its Moses Lake plant, despite reporting a $6.1 million loss in the third quarter. The facility...

Boeing reports healthy supply chain in Renton

Boeing Chairman and CEO Dennis Muilenburg reported this week that Boeing 737 planes have been leaving the Renton factory fully assembled and with fewer...

Ford recalls 1.5 million vehicles

Ford Motor announced it is recalling around 1.5 million 2012-2018 Ford Focus vehicles because of a flaw in the fuel system that could cause...

Stocks rebound after losses

Stocks jumped Thursday after the Dow Jones recently lost its gains for the year. The stocks had previously tumbled after the Fed announced interest...

McDonald’s experiences strong 3rd quarter

McDonald’s had its 13th consecutive month of increased sales at its established locations this past quarter, rising 2.4 percent. The company brought in $5.37...

Everett’s new airport terminal will generate hundreds of jobs

Although Everett’s Paine Field will not be finished for a few months, the airport site has created hundreds of job opportunities for locals. Propeller...

UW study sheds light on Seattle minimum wage

A new study by a team of University of Washington researchers concluded that less experienced workers saw little or no change in Seattle’s low-skill...

Stock market drops once again

Stocks fell Tuesday, and the Dow Jones Industrial Average dropped by triple digits. The companies taking the biggest hits include Boeing, Apple and Goldman...

Public offering could put Uber’s value at $120 billion

The Wall Street Journal reports that Uber Technologies Inc. has received valuation proposals from Goldman Sachs and Morgan Stanley, which could increase the company’s...

Netflix shares increase due to large subscriber trend

Early trading Netflix shares are up 6 percent, following 7 million new subscribers worldwide from July through September. The company’s shares increased just over...

U.S. dubbed most competitive economy once more

The Davos economic firm has named the United States as having the world’s most competitive economy for the first time in 10 years. The...

State unemployment rate lowest in 42 years

Washington’s jobless rate was the lowest in 42 years last month at 4.4 percent, compared to the national rate of 3.7 percent. The retail...

Kroger tests wine delivery model

Kroger has begun testing its pilot wine-delivery program which would serve homes and office places in 13 states and the District of Columbia, excluding...

Sears loses South Hill and Bellingham store locations

This week, Sears filed for Chapter 11 bankruptcy protection and announced it would be closing its store in South Hill Mall, as well as...

Paul Allen dies at 65

Microsoft co-founder Paul Allen died this week due to complications with non-Hodgkin’s lymphoma, according to his family’s statement. Allen worked closely with co-founder Bill...

West Coast bases may be used for fuel exports

The Trump administration is considering using West Coast military installations and other federal facilities for U.S. fossil fuel exports, despite opposition from some regional...

Federal deficit highest in years

The federal budget deficit is at its highest level in six years, at $779 billion in fiscal 2018. The Treasury Department reports that the...

Oil companies remain profitable but cautiously optimistic

The largest international oil companies including BP and ExxonMobil have experienced increased revenue streams, with $30.9 billion combined free cash flow in 2017 compared...

KeyArena construction to begin soon

Developer Oak View Group has set plans in motion to renovate KeyArena starting this week by installing a chain link fence around the facility....

Boeing to address 737 delivery backlog

Boeing began to address its delivery backlog by ramping up 737 production in Renton last month. The company delivered 61 of those planes last...

Sears hires restructuring expert

After months of closing its stores, Sears Holdings Corp. announced that it has named a restructuring expert to its board. Alan Carr is CEO...

Clark County supports condo rule changes

The Clark County Council has approved a resolution supporting legislative efforts to amend the state’s Condominium Act in order to “address concerns about excessive...

Stocks continue to fall

Stocks continued to fall Thursday morning after the Dow Jones suffered a 830-point loss on Wednesday. Amazon shares fell more than 10 percent from...
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