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Elaine Thompson / AP Photo

Negotiators have agreed to a tentative contract covering West Coast dockworkers, likely ending a protracted labor dispute that has snarled international trade at seaports handling about $1 trillion worth of cargo annually.

Jeff Chiu / AP Photo

Cheryl Shuman is a businesswoman from Los Angeles, a mom and a cancer survivor. She’s also been called the first marketer for marijuana.

“This is a plant that heals a multitude of illnesses. It provides a safer alternative to tobacco, alcohol and pharmaceuticals. And the revenue from this plant has healing properties in that it can heal our economies and create jobs and create revenue for programs that are so desperately needed,” Shuman said.

Shuman is one of the organizers of CannaCon, the world’s largest marijuana trade show where Tommy Chong is a special guest. It’s taking place at Smith Cove convention Center at Seattle’s Pier 91 on Elliott Bay. Two floors of booths display the latest marijuana products used for recreation and cooking and medicinal purposes.

Kevin P. Casey / AP Photo

Speculation has climbed that Boeing might be interested in acquiring the military aircraft unit of rival Northrop Grumman, but Boeing’s chief executive told investors he’s not inclined to make big purchases. 

Boeing and Lockheed Martin have teamed up to try to win a contract from the Pentagon to build new long-range strike bombers. They’re going up against Northrop Grumman.

Elaine Thompson / AP Photo

The stock market has bounced back from the recession, and philanthropy is climbing along with it. That’s the message from Philanthropy Northwest, a group that tracks grantmaking to nonprofit organizations in the Pacific Northwest. 

"The trend here in Washington, the trend in the Pacific Northwest and the trend nationally are all aligned. Everybody’s feeling very positive," said Jeff Clarke, chief executive of Philanthropy Northwest, a member organization of foundations, corporations and individuals who make charitable grants. "I would say it’s probably the most positive sentiment that I’ve heard since pre-2008."

Walter Siegmund / Wikimedia Commons

 

The worsening labor dispute at West Coast container ports is causing shippers to search for alternate pathways to and from Asia.

An obvious place to look is the thriving port in Vancouver, B.C., but officials there say they can't absorb much diverted traffic.

Ashley Gross / KPLU

Aviation analyst Richard Aboulafia says there’s a risk that Boeing’s 787 program might never be profitable. That’s because the airplane maker has accumulated $26 billion in production costs that it’s deferred into the future. 

Aboulafia says the total deferred production costs for Boeing’s Dreamliner program will probably climb to $30 billion or so.

He says what we’re seeing with those mounting costs is that employees are alienated after the company waged two contentious battles with its biggest labor unions in the past few years.

Elaine Thompson / AP Photo

Democratic legislators in Olympia are taking aim at the huge tax incentive package the state passed to win Boeing’s 777X production line. Those tax breaks extend existing preferential rates and amount to $8.7 billion over 15 years. 

Birdy206 / Flickr

The Pacific Maritime Association says it won't have any vessels loaded or unloaded at 29 West Coast ports, including Seattle and Tacoma, this weekend.

The association, which represents port terminal operators, says it doesn’t make sense to keep paying workers engaged in what employers call a months-long work slowdown.

Birdy206 / Flickr

Employers could lock out West Coast dockworkers in as few as five days if the two sides do not reach a new contract.

That warning came Wednesday from the head of a maritime association who is negotiating a new deal with a union representing longshoremen at 29 ports that handle about $1 trillion in trade annually.

Courtesy of Marine Construction Technologies

A technology that emerged from University of Washington research has the potential to make undersea construction less of a headache for wildlife.

Ted S. Warren / AP Photo

Amazon shares jumped 13 percent in after-hours trading on news that the company returned to profitability in the fourth quarter. Strength in the cloud-computing business was an especially bright spot.

Cloud computing means hiring a company such as Amazon to run your computer system remotely instead of managing all those machines and software in-house.

Amazon and rivals such as Microsoft have been spending a lot to build big computer server farms. In spite of that expense, IDC analyst Al Hilwa says it’s an attractive business for Amazon.

Ashley Gross / KPLU

Investors are becoming more optimistic about Boeing’s ability to generate cash even as deferred costs continue to mount for the 787 Dreamliner program. 

Boeing shares climbed more than 5 percent after the company reported fourth-quarter net income of $1.47 billion, up 19 percent from a year ago.

Mike Mozart / Flickr

Microsoft’s profit dropped 11 percent in the most recent quarter, partly due to expenses connected to layoffs after the company’s purchase of the Finnish cell phone maker Nokia. 

The steep drop in oil prices is helping to pad the bottom line of Seattle-based Alaska Airlines. But don't expect lower fares on the horizon.

Wikimedia Commons

Anheuser-Busch says it is buying Seattle-based craft brewer Elysian Brewing Co. for an undisclosed sum.

It is the latest in a string of craft brewery acquisitions by Anheuser-Busch as it tries to counter soft sales of its own brands, such as Budweiser. 

Elaine Thompson / AP Photo

The Puget Sound region is a trade powerhouse, but it has lagged behind smaller cities like Portland in attracting foreign-owned businesses to set up shop here. Now King, Kitsap, Snohomish and Pierce counties are teaming up to win more foreign investment here, and China is their main target.

Gexydaf / Flickr

Note: PLU holds the license for KPLU, where on-air staff are represented by the union SAG-AFTRA.

Non-tenure track faculty members at Pacific Lutheran University have withdrawn their petition to vote on forming a union. That ends, for now, an election that has dragged on more than a year.

Ayda D / Wikimedia Commons

 

A popular gift now for Chinese New Year is a box of red apples from Washington. But Northwest shippers say a labor dispute at West Coast ports is jeopardizing that lucrative overseas market.

Nick Ares / Flickr

Mention taxes and people either get irate or their eyes glaze over. But one well-known Seattle economist has spent a lot of time thinking about our state tax system and says it stinks. And, he says, it’s time we all paid attention.

Gexydaf / Flickr

Note: PLU holds the license for KPLU, where on-air staff are represented by the union SAG-AFTRA.

The National Labor Relations Board has released the result of a vote by adjunct and part-time faculty at Pacific Lutheran University on whether to unionize.

There were 30 votes for union representation, 54 votes against representation and 38 challenged ballots, the NLRB said.

Ashley Gross / KPLU

Boeing appears to have topped Airbus for a third year in a row in airplane deliveries, and the company has a new record backlog of more than 5,700 planes still to build. That's eight years' worth of production at the current rate.

B.C. Ministry of Transportation and Infrastructure / Flickr

A federal mediator has been appointed to help facilitate collective bargaining between the International Longshore and Warehouse Union and the Pacific Maritime Association, the group representing terminal operators up and down the West Coast.

The employers have been saying the longshoremen have deliberately slowed down work to gain leverage in contract talks. The workers say the slowdown is the result of other congestion problems, including a shortage of truck beds for carrying containers.

Starbucks

In news that will please Australians, New Zealanders and Brits living in the U.S., Starbucks says it will start selling a coffee drink known as the `flat white’ this week, and there’s one person in Seattle who’s particularly delighted. 

We first heard of the flat white last fall, when KPLU spoke with Aidan Lang, the new general director of the Seattle Opera.

Lang is from the U.K. but lived for years in New Zealand, and that’s where he first tasted what became his favorite coffee drink.

David Shankbone / Wikimedia Commons

 

According to researchers at Washington State University, shoppers may be more likely to accept bad customer service from a company if they know that company supports causes they agree with.

WSU social psychologist Jeff Joireman said tales of bad customer service spread fast these days — on Yelp, on YouTube, on Twitter.

Sharon Drummond - dolmansaxlil / Flickr

 

A trip across the border to Canada could have an added appeal right now with an exchange rate that has turned quite favorable for Americans.

But this cuts two ways. It might also lead to more Canadians staying home, which could hurt retailers in U.S. border counties.

Ashley Gross / KPLU

Boeing has announced a deal with Kuwait Airways that could allay some concerns about its ability to sell enough of its current 777 wide-body jet. 

The Kuwaiti airline has finalized an order for ten 777-300ERs, the current version of Boeing's popular twin-engine, long-haul jet.

Creative Commons

A Seattle biotechnology firm is making waves on Wall Street. Juno Therapeutics had a splashy initial public offering Friday, and shares climbed more than 45 percent in its first day of trading.

Nigel Pacquette / Wikimedia Commons

 

Northwest farmers and orchardists are among the potential beneficiaries if the U.S. and Cuba normalize their relationship and the trade embargo ends.

They're among many still trying to sort out what President Obama's announcement Wednesday of changes in Cuba policy could mean for them.

Anna King

 

A slowdown at western ports is now aggravating farmers across the Northwest.

Produce processors are laying off production line workers. Apples are backing up. And the summer’s premium hay is stacked in sheds and not moving.

Ashley Gross / KPLU

Seattle Housing Authority, which runs public housing in the city, has backed away from a proposed rental policy change that sparked protest, and now the agency says it won't put forth a new plan before 2016.

This past summer, SHA proposed a new policy called "Stepping Forward" in which it would no longer set rent at 30 percent of a tenant's income, and instead would charge rent based on the size of the unit.

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