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Lens Team

When Lens Team isn't smoking our own salmon, composting, or hiking, we're parsing the cosmos to deliver you the best stories in Washington state.
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Helping small businesses pivot to digital

As small businesses throughout Washington adjust to the challenges presented by the evolving regulations regarding COVID 19, it has become increasingly clear that in...

“We have never said they (transit) will reduce congestion from current levels.”

– Sound Transit CEO Peter Rogoff in a December 2019 email to WSDOT Secretary Roger Millar.

“Some individuals may move their domicile out-of-state to avoid paying capital gains tax on...

– excerpt from a Washington State Department of Revenue email (from a public records request)

“A star was born.”

- Property Variety Management (PVM) President Lynnell Brandt referring to Cosmic Crisp

“The IRS considers taxes on investment income . . . an income tax.”

- State Department of Revenue response to requests surrounding a capital gains income tax.

“If you want to know how well the economy is performing typically, just see...

- Eric Jessup, associate director of the Freight Policy Transportation Institute at Washington State University

“I think we definitely need to take a look at the GMA.”

- Washington State Sen. Patty Kuderer (D-48) on options to improve housing availability

“We are really only changing one word from ‘and’ to ‘or.’”

- Sen. Lynda Wilson testifying in support of her bill allowing local governments to extend urban services to rural areas under the state Growth...

2019 Washington state legislative session

Washington state's 2019 legislative session begins today. Visit Lens for the latest business news.

T-Mobile tops Verizon in quarterly gains

Bellevue company adds 1.4 million customers

Seattle home prices fall further

Seattle median home prices are now $100,000 cheaper than they were last spring. In a year, the King County condo price rose by .06...

Seattle requests high court uphold hotel workers law

The city of Seattle will ask the state Supreme Court to review a case involving a voter-approved city law that was struck down by...

Some retailers suffer low Christmas sales

Macy’s sees shares drop

Senate bill would ban city street tolling

Senate Bill 5014 filed by Sen. Tim Sheldon (D-35) would prohibit local governments from imposing tolls on local roads, an idea the city of...

Internet faster after net neutrality repeal

Internet connection speeds up by a third
Mounting tension between China, U.S.

U.S., China continue trade talks

Progress being made

Study: consumers hit by Seattle soda tax

A new study by the University of Washington has concluded that the burden of Seattle’s soda tax fell almost entirely on consumers. The 1.75...
Mortgage rates at eight-month low

Mortgage rates at eight-month low

Rate below five percent

“If I would predict anything about this period, it probably won’t be as tough...

- Former Gov. Dan Evans on traffic congestion caused by the three week Highway 99 closure

Kroger opens experimental stores

Kroger has remodeled its QFC store in Redmond with experimental features including digital shelves and product tracking. The features rely on a cloud-based system...

A tenth of Seattle apartments empty

The Seattle Times reports that one in 10 Seattle apartments are empty, resulting in lower rent rates as landlords try to filling vacant units. According...

$30 car tab initiative to be on ballot

Initiative filer Tim Eyman says that he has enough signatures to get I-976 on the ballot this November. If approved by voters, it would cut all car-tab...

U.S. stocks drop, Apple shares plummet

U.S. stocks experienced another large drop Thursday following an announcement by Apple that iPhone sales in China had slowed. The news caused the company's...
Study ranks states most affected by government shutdown

Study ranks states most affected by government shutdown

Washington 18th most affected, says new study
Tesla shares jump after settlement reached

Telsa reduces prices, stock drops

The Associated Press reports that Tesla plans to cut vehicle prices by $2,000 after revealing lower-than expected sales. Following the announcement, shares fell 7.2 percent....

Long-term mortgage rates drop

U.S. 30-year, fixed-rate mortgages have dropped from 4.62 percent to 4.55 percent. The average rate a year ago was 3.99 percent. Read more here.

Sears dodges liquidation with buyout bid

Fox Business reports that Sears dodged liquidation last week following a buyout bid from its former CEO. Eddie Lampert is offering $1.5 billion in...

Amazon to expand Whole Foods stores

Amazon has announced plans to open new Whole Food stores within range of its Prime Now two-hour delivery service. The company also plans to...

U.S. stocks on losing streak

U.S. stocks have experienced a volatile week of selloffs followed by major gains, then minor losses. Now, the top three major indexes are now...

Wells Fargo to pay states $575 million over claims

The Wall Street Journal reports that Wells Fargo will pay more than a dozen states $575 million to settle claims related to a fake-account...

Growth of U.S. home prices fell in October

The growth of U.S. home sales fell in October from 5.2 percent to 5 percent, according to the S&P CoreLogic Case-Shiller 20-city home price index....
Stocks fall with rising interest rates

U.S. stocks drop after rally

Fox Business reports that after a 1,000 point rally, U.S. stocks dropped Thursday with further selloffs. The Nasdaq Composite is looking at its worst...

U.S. stocks increase after selloffs

U.S. stocks recovered somewhat the day after Christmas following four sessions of selloffs. The S&P 500 increased by 2.4 percent, while the Nasdaq Composite...
Seattle drops from top cities for home price growth

Seattle drops from top cities for home price growth

After two years of leading the U.S. in housing market growth, Seattle has dropped from the top three cities for home sale increases. The...

Seattle collects $16 million in soda tax revenue

The city of Seattle has collected $16 million in soda tax revenue in the first nine months of its implementation. That’s $1 million more...

Uncertainty over Sears sale to Cyrus

A judge presiding over the bankruptcy of Sears may prevent a $82.5 million note sale to Cyrus Capital Partners LP. The judge said he...

Stocks drop amid fears of government shutdown

Worst month since the Great Depression

AI increasingly a threat to jobs

As more advancements are made in automation, more wokers' jobs are put at risk…

Sound Transit gets $1.2 billion from feds for light rail

The Federal Transit Administration has announced it will give Sound Transit $1.2 billion to help finance a light rail line to Lynwood. The announcement...

Fed to raise interest rates

Market downturn draws concerns

Boeing expands buyback program

Boeing's board has approved a $20 billion buyback program and has increased the company's quarterly dividend by 20 percent. The company announced it had...

Seattle to spend $75 million on affordable housing

Seattle Mayor Jenny Durkan has announced plans to spend more than $75 million on affordable housing next year. The plan includes building 1,200 new...

Apple needs additional Seattle space for planned growth

Apple must find more office space to reach its 2022 growth goal.

Stocks climb back after plunge

After two sessions of large drops, U.S. stocks improved on Tuesday. The Dow Jones increased 223 points – or one percent – but is...

Boeing buys majority stake of Embraer

Boeing announced that it is purchasing a majority stake of aerospace conglomorate Embraer for $4.2 billion. Boeing will own 80 percent of the company's...

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