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AP

Howard Schultz announced his investment in the enormously popular consumer-discount site Groupon Thursday. At the same time, Groupon confirmed the Starbucks CEO's election to its board

TechFlash's John Cook reports Schultz' investment "is not connected to Starbucks":

...but having the leader of the world's leading specialty coffee retailer on the board certainly will add some interesting possibilities. Starbucks has been expanding its digital footprint aggressively in recent months, adding features such as mobile payments and free in-store wi-fi.

Simon Bisson (sbisson) / flickr.com

Microsoft wants more engineers leading the company. According to a Bloomberg report, CEO Steve Ballmer wants his senior executives to have solid technical backgrounds in addition to business expertise. Bloomberg's Dina Bass reports the new strategy may be announced later this month. A Microsoft spokesman declined to comment.

justmaketheshift.com

Valentine's Day is just around the corner. So we thought it was a good time to update a story from nearly a year ago. Last March, Idaho Governor Butch Otter penned a "love letter" to Washington and Oregon businesses. He was trying to romance companies into moving to his state.

Elaine Thompson / AP Photo

The future might be a bit brighter for aerospace workers in the Puget Sound region. Boeing Commercial Airplanes chief Jim Albaugh says the company can still find customers for its wide-body 767. He says the line won't be shut down, even if Boeing doesn't win the competition to build refueling tankers for the U.S. Air Force.

Change in stance

Alan Cleaver (alancleaver_2000) / flickr.com

Washington businesses with overdue taxes can now pay them off without penalties and interest. It's the state Department of Revenue's first-ever tax amnesty. Delinquent taxpayers have until April 18th to apply for the temporary program and must pay their taxes by April 30th. Full details, including the application form, are available at PayMyTax.org.

WSDOT / Flickr

Tolls on the 520 bridge are set to start this spring and they could be as high as $3.50 each way. 

Frustrated?  There's an app for that. 

An Irish company called Avego created a new smart phone app for "real-time ride sharing." Company leaders say it encourages more carpooling. 

PRNewsFoto / Microsoft Corp.

Microsoft handily beat Wall Street's expectations, posting record revenue: nearly $20 billion in its second quarter.

The company says the strong financial report was fuelled by rebounding business demand, as well as swift sales of the Kinect motion controller for its Xbox 360 video games. 

Xbox sales booming

Microsoft says it sold 8 million Kinect motion controllers in just 60 days this past holiday season, far exceeding the company’s expectations, as well as Wall Street's.  

Photo by Gary Davis / KPLU

Starbucks has done it again. The coffee giant says its global revenues reached a record: $3 billion in the first quarter. Profits were up 44 percent compared to a year ago, thanks in part to the chain's growing popularity with coffee drinkers around the world.

Alaska Air Group

Seattle-based Alaska Air Group is consolidating its two airlines under the same brand. Horizon Air's Bombardier Q400 turboprop planes are being repainted with the Alaska Airlines logo. Alaska and Horizon will continue to operate as separate airlines.

A law that went into effect at the start of last year puts new limits on payday lenders.  It created a registry of borrowers and restricts them from taking out more than eight of the high-interest loans in a year. 

Photo by Bellamy Pailthorp / KPLU

US Senator Maria Cantwell (D-Wash.) says the US Air Force contract for the next generation of refueling tankers should not be awarded until questions are answered about the military's latest snafu. 

A decision on who wins the $35-billion contract is expected as early as next month. 

In November, the Air Force admitted that it had inadvertently mixed up two packages of information.  It sent details of Boeing's bid to Airbus-parent EADS and of EADS's bid to Boeing. 

Starbucks

Technology-savvy consumers could soon be able to leave their wallets behind when picking up a cup of Joe at Starbucks.  

The Seattle retailer is expected to announce Wednesday that customers will be able to use smartphones to pay for goodies at 6,800 stores the company operates in the United States and 1,000 that are in Target stores, according to Claire Cain Miller of the New York Times. 

debcha / flickr.com

Tourists spent an estimated $15.2 billion last year in Washington. A new report by the state Commerce Department and Washington State Tourism says 2010 was the second best year on record, up 7.4% from 2009. But it's below last year's nation-wide increase of 8.5%.

Austin Jenkins / N3

Construction of Washington's new $300 million data center complex is expected to wrap-up this summer. But as state agencies prepare to move in, the rent per square foot is causing some sticker shock.

David Zalubowski / AP Photo

The merger of two of our region’s biggest telephone companies is generating relatively little static. CenturyLink appears likely to get regulatory clearance soon to take over Qwest Communications. But the merger comes with conditions.

Home sales bumped up in December, in King County.  Analysts disagree over whether it’s sign of an important trend or not.  The Seattle Times calls it the biggest month for home sales since a federal tax credit expired last summer. 

But the Seattle P-I quotes Glenn Crellin of Washington State University as saying the real estate market is likely to stay sluggish for several months or longer:

Tom Banse / N3

Montana Governor Brian Schweitzer is trying to clear the way for coal exports through the Pacific Northwest. He’s worried Washington state will block a proposed Columbia River shipping terminal for Montana and Wyoming coal. Schweitzer is making a hastily scheduled trip to southwest Washington Wednesday.

Shelby SuperCars

A company that designs super-fast cars is hoping to build a new factory in the state. Shelby SuperCars is eyeing a site in south-central Washington, in the city of West Richland.

Until recently, Shelby held the record for the making the fastest production car on earth: an average of about 256 miles per hour. Now the company working on their next generation speed demon. Shelby has applied for an $800,000 state loan to buy property and build a new manufacturing facility.

queen of subtle/via Flickr

As 2010 comes to an end, many people are looking at a pile of requests for year-end donations.  We know it's wise to set a budget for personal giving to worthy causes – but how much is the right amount? 

AP

Most of the Boeing Company is taking a break  for the holidays.  But, not crews involved in test flight activities for the 787 Dreamliner.  The new jet is resuming test flights after a six-week grounding because of an electrical fire.

NorthwestMilitary.com

When 17-thousand troops returned from deployments in Iraq and Afghanistan this past fall, Joint Base Lewis McChord became the 3rd largest employer in the state. 

That's according to the City of Lakewood, which has released a plan to accommodate the rapid population growth in the communities around the base. 

Boeing 777
Courtesy of Boeing

Boeing is still struggling to iron out kinks in the production of its new 787 Dreamliner.  The company is expected to announce the latest delay for that program this week. 

Meantime, it says demand is so great for its tried and true 777 that it will be increasing output of that jet.

Courtesy City of Seattle

A controversial proposal that would allow major employers in Seattle to put signs at the tops of their skyscrapers will be decided in March.  City Council President Richard Conlin says he delayed the vote to give the city time to respond to a number of concerns.

Russell Investments requested the change, to help them re-brand their tower, which is the former home of Washington Mutual Bank.  The company moved to their new 2nd Avenue address from Tacoma this fall.

© Edgar Turner

Three books by Pacific Northwest authors have come to my attention this season that would please airplane aficionados of many persuasions. 

Tom Banse / N3

Forget Wall Street. One way some well-off Northwesterners avoided steep losses in the stock market in recent years was by making unusual alternative investments: in small farms and food businesses. These “angel investors” are organizing loose networks to match their money with cash-hungry local producers. Think of it as slow-food meets slow money.

Washington's Employment Security Department is sending out 2011's tax-rate notices this week to more than 170,000 businesses.

The agency says next year's average rate will increase by nearly a full percentage point.  Most employers' rates are going up for the second year in a row.  It's the highest average rate in more than two decades. 

Photo by Huasheng Wang

China's aerospace sector is taking off.  Washington state has hundreds of suppliers - and many want in to that growing market.  The state's Department of Commerce is more than a year in to a new push to promote them.  

Tom Banse / N3

One of the catch phrases of the local food movement is “farm-to-table” -- eating food grown nearby. Now small forest owners want to join the local food party. And no, they’re not talking about feeding you sawdust. Instead, local forest products include edible mushrooms, berries, and a salad green called miner’s lettuce. 

U.S. Navy photo by Lt.j.g. Perry Solomon

A leading defense analyst who had previously predicted a Boeing win in the competition to build the US Air Force's next generation of refueling tankers now says Airbus parent EADS will likely get the $40-billion contract. 

Bellamy Pailthorp / KPLU

Unionized grocery workers in the region say they're glad they didn't have to go on strike.  But they say the threat of a massive walk out was what helped them get a new contract they could accept.  Votes tallied over the weekend show a resounding 95% approval.   

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