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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. 

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