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Microsoft shares sank about 5 percent after the company reported that quarterly earnings dropped 25 percent. The Redmond-based software giant is trying to move beyond its traditional dependence on the personal computer market, which is struggling.

Alaska Airlines executives sounded upbeat after their first meeting with antitrust regulators about Alaska's proposed acquisition of rival Virgin America.

"So far, so good" was Alaska Air General Counsel Kyle Levine's summary of how the initial meeting with the U.S. Department of Justice went.

The European Union has filed new antitrust charges against Google, alleging that it uses its Android operating system to impose unfair conditions on makers of mobile devices.

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We found that Google pursues an overall strategy on mobile devices to protect and expand its dominant position in internet search," Margrethe Vestager, the EU's commissioner for competition, said in a statement today.

Port of Tacoma

Northwest Innovation Works, a company backed by an arm of the Chinese government, said in a statement that it's terminated its lease at the Port of Tacoma where the company had planned to build one of the world's largest methanol plants. 

The company said it's still pursuing a plan to build a smaller plant in Kalama on the Columbia River. 

Mike Mozart / Flickr

Nordstrom said it's planning to cut 350 to 400 jobs, mostly in the Seattle area, as it makes changes to its business model. That represents about 5 percent of the company's Seattle workforce. 

A Nordstrom spokeswoman, Tara Darrow, said in an email that the job cuts are in addition to previously announced plans to eliminate about 130 technology positions. The fashion retailer employs a total of 70,000 people. 

Yahoo goes on sale Monday. At least some of you reading this are thinking, "Yahoo? Are they still around?"

Yes, this company founded in 1994, is ancient by Internet standards, but, according to the measurement company comScore, Yahoo sites are the third-most trafficked on the Internet. Among its properties are Yahoo Finance, News, Search, Mail, Tumblr and Flickr.

When it comes to clothes these days, maybe you should ask: What's your waste size?

Pfizer and Allergan won't be merging after all, the companies announced Wednesday.

U.S. drugmaker Pfizer and Irish competitor Allergan were planning to combine into the largest pharmaceutical giant in the world.

Ever watch The Beverly Hillbillies and wonder why Jed Clampett moved to Beverly Hills and not Texas or some town that we more closely associate with oil?

Even Angelenos forget sometimes that the Clampetts came first, then the swimming pools and movie stars. Think J. Paul Getty or Edward Doheny, men who made their fortunes on oil and then made LA.

U.S. companies will find it much harder to reduce their taxes by merging with foreign firms under new rules introduced by the Obama administration, and that's already throwing the fate of one big deal in doubt.

Shares of Allergan were down sharply Tuesday, as investors questioned whether its $150 billion merger with pharmaceutical giant Pfizer will still take place.

The NFL has struck a deal with Twitter to live-stream, for free, the 2016 season of Thursday Night Football online through the social media site.

For the NFL, this is a push to reach the growing cohort of people who might not have a cable subscription. For Twitter, it might prove to be a major win in its ongoing challenge to attract and keep new users.

Alaska Airlines management is expressing confidence about integrating its rival Virgin America, whose pending acquisition was announced Monday. Any airline merger poses challenges and this one is no exception.

Alaska Air outbid rival JetBlue Airways to acquire Virgin America in what Alaska Air CEO Brad Tilden described as "a hard fought competition." Alaska Air won the bidding war with a $2.6 billion all-cash offer that was announced Monday.

The parent company of Alaska Airlines has struck a deal to buy Virgin America, creating a West Coast-focused airline. If approved by regulators and Virgin America's shareholders, the combined airline will be the fifth-largest U.S. carrier, according to Alaska Air Group.

"By bringing them together, we're creating the premier airline for people who live anywhere on the West Coast," Alaska Air Group CEO Brad Tilden said in a statement.

401(k) 2012 / Flickr

The University of Washington has hard data showing that an unexpectedly beautiful day outside can influence how we make decisions at work. Specifically, it can lead people to become more careless.  

In Northwest farm country, tiny blueberry buds are already starting to plump up. But cold snaps could kill them. To save more of those fruit-bearing buds, blueberry farmers are currently waging an epic battle against frost.

Ted S. Warren / AP Photo

The recreational marijuana industry is Washington state is predicted to hit a new high in the coming weeks.  

Reed Saxon / AP Photo

Boeing says its commercial airplanes division, which is concentrated in the Puget Sound region, will shrink by about 4,000 positions in the next few months as part of an effort to cut “billions of dollars” in costs this year.

Spokesman Doug Alder said the majority of those positions are open jobs that won’t be filled. The rest of the cuts will be achieved through attrition and voluntary layoffs. The company also said the cuts include hundreds of executives and managers.

A U.S. bankruptcy judge Tuesday approved the sale of the profitable core of the Haggen grocery chain to rival Albertsons. That brings to a close the dismantling of the Washington-based company.

Ashley Gross / KPLU

This is a big week for virtual reality, as Facebook starts shipping out the new $600 Oculus Rift to people who pre-ordered it. Later this week, Microsoft will start sending out an early version of its HoloLens augmented-reality device to developers to try out.

The battle over drug prices escalated Monday when health insurance giant Anthem Inc. sued Express Scripts, a manager of drug benefits, to get a bigger share of savings on prescription medicines.

Ashley Gross / KPLU

As Seattle grapples with a growing homeless population, some inventors have come up with a novel solution – sleeping pods. 

Ashley Gross / KPLU

Port of Tacoma commissioners say they have a lot of unanswered questions about a Chinese-backed company's proposed methanol plant on port property.

Almost two years ago, the commissioners signed a 30-year lease with the company, Northwest Innovation Works, with little public input. But lately there’s been so much public outcry that the company paused the environmental review process and is now seeking an extension to the feasibility phase of the lease. 

Port of Tacoma

Northwest Innovation Works, the Chinese-backed company seeking to build one of the world’s largest methanol plants in Tacoma, says it wants to address community concerns, but at a panel discussion sponsored by the City Club of Tacoma, many people expressed frustration that they haven’t been able to get answers. 

The Sony Corporation has announced it will pay Michael Jackson's estate $750 million for Jackson's 50 percent share of the Sony/ATV music publishing company.

The backstory here has more twists and shouts than a long and winding road (Couldn't resist, but note that the rights to both "Twist and Shout" and "The Long and Winding Road" belong to Sony/ATV). Sony's purchase marks the culmination of one of the most remarkable stories in the history of the music business.

Nevada's home solar business is in turmoil as the state's Public Utilities Commission starts to phase out incentives for homeowners who install rooftop solar panels. Some of the largest solar companies have stopped seeking new business in the state and laid off hundreds of workers.

He lives vicariously through himself. He has won the lifetime achievement award, twice. In museums, he is allowed to touch the art. He is ...

... out of a job.

The Majestic Yosemite Hotel. Big Trees Lodge.

Visitors to Yosemite National Park could be forgiven for not recognizing those hostelries' names.

They used to be called — and were famously known as — the Ahwahnee and Wawona hotels.

"It's just really surreal," said Monica Hubert, a former manager of the Wawona. "I mean, it's a National Historic Landmark."

The hotels and other Yosemite landmarks have been renamed because of a contract dispute.

Sports Authority has filed for Chapter 11 bankruptcy protection, looking to restructure its debt and close a number of stores to try to regain its financial foothold.

The sporting goods retailer is carrying a heavy debt load.

In its restructuring, Sports Authority plans to access nearly $600 million in debtor-in-possession financing and close or sell approximately 140 stores and two distribution centers. The company operates more than 460 locations.

Clear Channel Outdoor — one of the largest outdoor advertising companies in the U.S. — is starting a new program called Radar that will use billboards to map real-world habits and behaviors from nearby consumers.

The technology is sure to help advertisers better target their ads. But privacy advocates argue that it's, well, a little creepy.

Saying that it will finally do business in the country that helped inspire its approach to coffee, Starbucks has announced plans to open its first store in Italy early next year, venturing into the cradle of espresso.

Saying that it is making the move "with humility and respect," Starbucks announced that its first store in Italy will be in Milan.

From Rome, NPR's Sylvia Poggioli reports:

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