Business

Economy
1:31 pm
Wed December 14, 2011

Washington job growth reaches four year high

OLYMPIA, Wash. – Washington added more than 12,000 jobs in November. That drops the state unemployment rate to 8.7 percent.

In fact, employment statistics released Wednesday show that job growth has reached a four-year high in Washington.

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Business
9:13 am
Tue December 13, 2011

Person-to-person car rental company expands to northwest

The first of a new breed of car rental companies is expanding into the Northwest. Next month, San Francisco-based Getaround officially launches its web-based rental service in the greater Portland area.

The concept is sometimes called peer-to-peer car rental or personal car sharing. The idea is to let you rent your car to someone else when you're not using it. Several companies have sprung up in California to provide the online marketplaces to link up car owners with pre-screened renters.

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Boeing
3:35 pm
Fri December 9, 2011

Labor board drops high-profile Boeing complaint

WASHINGTON — Republicans say they aren't prepared to celebrate after the National Labor Relations Board dropped its high-profile lawsuit against Boeing on Friday.

The Machinists union approved a four-year contract extension with Boeing this week, in which it agreed to withdraw allegations that the company built a nonunion plant in South Carolina to retaliate against past union strikes in Washington state. In return, Boeing promised to build the new version of its 737 airplane in Washington state.

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Effects of Recession
9:41 am
Thu December 8, 2011

Default ‘trouble’ spreads beyond Washington's ‘river city’

  • An error occurred ingesting this audio file to NPR

For the first time in nearly a decade, a Washington municipality has defaulted on a loan. The Greater Wenatchee Public Facilities District operates Town Toyota Center near the banks of the Columbia River. It missed a major bond payment on December 1st. Now the Washington legislature is debating whether to step in.

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Boeing union contract
7:35 pm
Wed December 7, 2011

'Yes!' say Boeing machinists to contract; 737-MAX goes to Renton

Boeing machinist union members said 'Yes' by 74 percent to a new four-year contract – hammered out in secret – that will bring jobs to build the newest version of Boeing's 737 to Renton.

The yes vote begins a new era for the aerospace company and its most contentious union, ushered in also by the union's promise to drop a complaint it filed with the National Labor Relations Board. That complaint has been the subject of Congressional hearings and hundreds of news stories around the world.

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Business
9:00 am
Sat December 3, 2011

Cyber sales tax has winners and losers in Northwest

Amazon is eager to cast the sales tax net over all but the smallest online retailers.
Associated Press

WASHINGTON, D.C. – This holiday shopping season, buying online is bigger than ever. That’s got Congress taking a new look at an old fight: Internet sales tax.

One Oregon lawmaker – and Washington's state online giant – are front-and-center in the debate.

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Boeing
2:53 pm
Fri December 2, 2011

Boeing, Machinists respond to concerns on new labor contract

The 737-MAX is Boeing's newest version of its best-selling jet. Commercial Airplanes CEO Jim Albaugh says it will be built in Renton if a new contract proposal is approved.
Boeing Media image

More than 30,000 Boeing Machinists are studying a proposal that would spell labor peace for the next four years if it’s approved. But  some union members are concerned about aspects of the deal.

Lingering questions

One of the top concerns among union members has to do with how solid Boeing’s commitment to Renton really is. Property near the factory where the 737 is built has been sold off over the years.

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Business
10:56 am
Fri December 2, 2011

Power up: Boeing flips switch on solar array

NORTH CHARLESTON, S.C. — Boeing has flipped the switch on the solar power array on the roof of its new South Carolina assembly plant.

Officials of Boeing and South Carolina Electric & Gas on Friday dedicated the 10-acre project which officials say is the largest rooftop solar installation in the Southeast, ranked by production capacity.

The array on the roof of Boeing's 787 final assembly plant generates 2.6-megawatts of power.

Scana Chairman and CEO Kevin Marsh said the array generates enough power for 250 homes.

Business
2:36 pm
Thu December 1, 2011

Businesses get a $350M break from state worker programs

OLYMPIA, Wash. – Washington businesses will get some unexpected tax relief next year – to the tune of $350 million. Governor Chris Gregoire made the announcement Thursday in Olympia.

“There will be no overall increase in workers’ compensation rates in 2012 and an actual reduction in unemployment insurance rates for all rate classes," Gregoire said.

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Boeing
12:05 pm
Wed November 30, 2011

Secret negotiations at Boeing net several key deals with union

Tom Wroblewski, center, president of Boeing Machinists Union District Lodge 751, announces Wednesday that the Boeing Co. and the Machinists union had reached a tentative agreement to build the new Boeing 737 MAX airplane in Renton, Wash.
Associated Press

Boeing and the Machinists union have apparently reached a four-year contract deal as well as a deal to build the 737 MAX in Renton and have the union’s labor complaint dropped.

“We look forward to new era of prosperity for IAM and Boeing,” said Tom Wroblewski, president of Machinists Union District 751.

Wroblewski added that the secret meetings started out as conversations about the 737 and evolved into a full-blown contract deal because outside influences were dampened and the negotiation climate was right.

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Business
9:50 am
Wed November 23, 2011

Occupy Seattle plans to occupy Black Friday in Seattle

A Christmas credit card promotion on Seattle streets on black Friday in 2007. Occupy Seattle protesters say they want to join the festivities not disrupt the activities.
Erin Hennessey KPLU

If you’re a local chances are you’ll find yourself at Westlake Park on the day after Thanksgiving – given that it’s Seattle’s epicenter for everything Holiday related. There’s the Macy’s Parade, the carousel and the tree lighting ceremony.

And this year, Occupy Seattle wants to take part in the festivities. 

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Microsoft
9:07 am
Tue November 22, 2011

Gates back on stand in Utah in $1B Microsoft antitrust trial

SALT LAKE CITY — Microsoft's Bill Gates returned to the witness stand Tuesday to defend his company against a $1 billion antitrust lawsuit that claims the software giant tricked a competitor into huge losses and soared onto the market with Windows 95.

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Planet Money
5:47 pm
Fri November 18, 2011

The Friday podcast: A financial adviser bets the house

Spencer Platt Getty Images

Originally published on Tue May 22, 2012 8:17 am

  • Listen to the Podcast

On today's show, we talk to Carl Richards. His job is to give people financial advice, yet he got sucked into the housing boom and spit out the other end, just like millions of other people.

He tells us his story, and explains how his experience has changed the way he thinks about money, and about risk.

For more, read Carl's recent New York Times article.

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Boeing
1:25 pm
Fri November 18, 2011

Boeing moving some offices from Renton to Seattle

Boeing is moving 80 senior executives and support staff in the Commercial Airplane Group from offices in Renton to downtown Seattle.

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Business
9:10 am
Thu November 17, 2011

Are you happy? Apparently, most Seattleites are darn happy

The sun is rising on a beautiful day in Seattle, apparently more than in other cities!
Ryan Healy Flickr

The Occupy movement is in full force in Seattle with protesters taking to the streets showing their discontent with the way things are. And yet, when asked in a recent survey, are you happy? Most Seattleites said … yes, pretty much.

In fact, when it comes to happiness, Seattle is above average!

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