Business

Business
8:39 am
Tue September 25, 2012

What NBA teams are likely candidates to move to Seattle?

Could the Milwaukee Bucks become the new Seattle SuperSonics?
IsoSports

Now that the Seattle City Council has given the green light for a $490 million NBA arena, investor Chris Hansen has to find a team to play there.  We know Seattle's not getting the Lakers or the Heat. So which teams are likely prospects to move here?

Kurt Badenhausen, who covers the business of sports for Forbes, recently analyzed the NBA field to come up with a list of possibilities. Top among them is the Sacramento Kings.

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NPR tech news
7:08 am
Mon September 24, 2012

'Amazing scene' as riot shuts Foxconn plant in China

Workers at a Foxconn plant in Shenzhen, China, in 2010.
AFP/Getty Images

Originally published on Mon September 24, 2012 6:01 am

At one point overnight as many as 2,000 workers at a Foxconn plant in Taiyuan, China, were involved in a riot that drew 5,000 police officers to the site and has closed the facility that makes parts for Apple's iPhones and hardware for other companies including Microsoft and Hewlett-Packard.

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Business
3:02 pm
Thu September 20, 2012

Some Washington counties are struggling with high poverty rates

New figures on poverty from the Census Bureau show big differences between counties in Washington state.

Counties in the Puget Sound region had a lower poverty rate than the nation as a whole in 2011. The rate for counties around Seattle didn’t change much compared with 2010.

It’s a different story in other parts of the state. Franklin County in eastern Washington had a 30 percent poverty rate – twice the national rate.

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Business
7:00 am
Thu September 20, 2012

How do you bankroll a tomato battle in Seattle?

Tomato Battle is a Seattle startup funded with a new form of financing - a "revenue loan"
Ashley Gross KPLU

One of the hardest things about starting a company is getting someone to bankroll your idea. Venture capitalists are only interested in companies they think will have explosive growth, like Google or Amazon in their infancy. And getting a bank loan these days can be tough.

Some pioneering Seattle investors have stepped into that void. They’ve come up with a new way of funding startups, and they’re helping to get some creative companies off the ground. 

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economy
4:00 pm
Wed September 19, 2012

Washington unemployment up, but construction shows signs of life

Washington's construction sector added nearly 2,000 jobs in August. Photo by Greg Dunlap via Flickr

Originally published on Wed September 19, 2012 2:50 pm

OLYMPIA, Wash. – Washington’s idled construction industry continued to show signs of life in August. Nonetheless, the state’s jobless rate still rose slightly. Overall Washington lost 1,100 jobs last month. The new unemployment rate announced Wednesday is 8.6 percent -– up a tenth of a percent from July.

Construction was one of the bright spots. That hard-hit sector added nearly 2,000 jobs in August. But chief labor economist Joe Elling says construction is still digging out of a deep hole.

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Business
3:51 pm
Tue September 18, 2012

Boeing engineers may engage in a work slowdown, analyst says

Union officials representing the engineers will count votes on Boeing's proposed contract on Oct. 1.
Andrew W. Sieber Flickr

An aviation analyst says some Boeing engineers and technical workers are preparing for a work slowdown amid increasingly contentious contract negotiations. The union, called SPEEA, is telling members to reject Boeing’s offer, saying the raises the company is offering are disrespectful.

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Business
10:56 pm
Sun September 16, 2012

'Upcycling' is taking recycling to a higher level

Some of the lampshades and pendants made out of cardboard at the SODO warehouse for Gray Pants
Jennifer Wing KPLU

You already know what  recycling  is. Soon you will start hearing more about upcycling. No, it doesn’t involve going up a steep hill on a bike. Upcycling is one of the focuses of this week's Seattle Design Festival and a good example of what it is can be found in an old wooden warehouse in Seattle’s SODO neighborhood. 

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Housing crisis
10:31 am
Fri September 14, 2012

Auburn mayor photographs abandoned foreclosed homes for 'Wall of Shame'

This house owned by Deutsche Bank has made the Auburn "Wall of Shame."
City of Auburn

Are abandoned, dilapidated houses a problem in your neighborhood? They are in Auburn, and that city’s mayor isn’t putting up with it.

Mayor Pete Lewis has been taking photos of abandoned houses owned by far-flung banks and publishing them with the bank’s information on a “Wall of Shame” website. And that's only the tip of the iceberg when it comes to the city's efforts.

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Business
3:43 pm
Thu September 13, 2012

Boeing proposal to engineers likely to be voted down, analyst says

The Associated Press

Boeing has delivered a contract proposal to its engineers, and an analyst says they may be disappointed. The long-awaited proposal offers pay increases that are less than half what the union wanted.

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Technology
3:54 pm
Wed September 12, 2012

New Apple mobile software to get maps, Siri update

The new iPhone 5 with a taller screen, lighter, longer-lasting battery, among other new features
The Associated Press

SAN FRANCISCO – Not ready for a new iPhone? Don't worry. Many software features are coming to older iPhones as well.

Apple has said that its iOS 6 software will sport more than 200 new features, though some won't be available on all devices. The new features include an updated mapping service and better integration with Facebook.

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NPR tech news
3:18 pm
Wed September 12, 2012

Apple Unveils New, Thinner, Lighter iPhone 5

Apple Senior Vice President of Worldwide product marketing Phil Schiller announces the new iPhone 5 during an Apple special event at the Yerba Buena Center for the Arts in San Francisco, Calif.
Justin Sullivan Getty Images

Originally published on Wed September 12, 2012 1:02 pm

Moments ago in San Francisco, Apple's Phil Schiller unveiled the latest incarnation of the company's massively popular smartphone.

The iPhone 5, said Schiller, is "the most beautiful product we've ever made."

Of course, you want to know what's different about this model: Essentially it's thinner, lighter, faster and also has a bigger screen than the iPhone 4s.

The device also comes equipped to work with faster wireless networks like LTE, which AT&T, Sprint and Verizon carry.

The AP adds:

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Business
5:00 am
Wed September 12, 2012

Should Seattle require all landlords to register rental units?

The city of Seattle wants to crack down on problem rental buildings by requiring landlords to register and get inspections of their units. Tenants’ advocates say they’re hopeful the new system will mean fewer people living in unhealthy or dangerous housing.

Jonathan Grant runs the non-profit group Tenants Union of Washington State. He says he hears from tenants all the time about the poor conditions of their apartments.

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NPR tech news
4:40 pm
Tue September 11, 2012

11 Takeaways From Zuckerberg's First Interview Since Facebook's IPO

Facebook CEO Mark Zuckerberg emphasized his company's mobile-centered future Tuesday, in his first public comments since Facebook's troubled IPO.
Eric Risberg AP

Originally published on Tue September 11, 2012 5:08 pm

Facebook CEO Mark Zuckerberg gave his first public interview after his tech company's rocky IPO and the disappointing stock performance that followed. Facebook's share price is now worth about $19 — half as much as it was priced back in May when its stock first went on the market.

Zuckerberg took questions from Michael Arrington at TechCrunch Disrupt, a San Francisco conference for startups. We watched and listened in to the talk in case you missed it:

Building a mission and business go hand-in-hand

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Business
5:00 am
Mon September 10, 2012

Microsoft urges immigration reform to fill high-skilled jobs

Robert Scoble Flickr

Overall, job growth remains disappointingly slow – the unemployment rate remains stuck above 8 percent. In computer-related fields, though, jobs are going unfilled.

Unemployment in computer and math jobs is a measly 3.4 percent. Companies like Microsoft and Expedia say one remedy is immigration reform, and they’re hopeful Congress will pass a new act to break the logjam.

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Housing
7:35 am
Thu September 6, 2012

Poor economy leaves more people in Seattle struggling to find housing

Diane Rivers has been homeless off and on since she was pregnant with her now three-year-old daughter, Christina
Ashley Gross KPLU

Seattle’s oldest public housing project, Yesler Terrace, is headed for a massive redevelopment, and that means years of upheaval for its 1,200 residents. At least they’re guaranteed some kind of housing. Others are not so lucky. The poor economy has made a chronic shortage of subsidized housing in Seattle even worse.

Diane Rivers is one of the people who's been trying for years to find a permanent home that she can afford.

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