Business

Economic Downturn
11:10 am
Tue September 27, 2011

College grads driving upward spike in bankruptcy filings

Ryan Dickey Flickr

Our high school teachers always said that a college education was a sure fire way to ensure financial stability down the road but now there’s mounting evidence that no one is immune to financial disaster.

A new study found college graduates are the fastest growing group of consumers filing for bankruptcy in the nation.  And Washington State is no exception.

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Boeing
11:44 am
Mon September 26, 2011

Delivery ceremony held in Washington for 1st Boeing 787

Delivery ceremony of the first Boeing 787 is seen in this screen grab from Boeing's.

EVERETT, Wash. — Hundreds of people who gathered Monday for the delivery ceremony of the first Boeing 787 took cover from rain under the wings of two of the new airplanes at Paine Field, near the factory in Everett, Wash., where they were assembled.

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Business
11:19 am
Mon September 26, 2011

Oregon plans to charge for the convenience of online commerce

SALEM, Ore. – When you renew a professional license or pay a government fee, you’re more likely these days to do it online. Now, the state of Oregon is banking on your willingness to pay extra for that convenience.

The state is getting ready to shift to a new model of funding many of its online services. But it's not clear yet who will pay the new fees, or how much they'll cost.

Oregon pays a high-tech company more than $2.5 million a year to run the state's website. But Oregon is switching to a different company, and the state won't pay it one dime.

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Business
2:34 pm
Wed September 21, 2011

JP Morgan NW chair says fee will be disclosed at ATMs

NEAR CLE ELUM, Wash. – JPMorgan Chase is on track to comply with a new state law that requires disclosure of an 85-cent ATM fee charged to welfare recipients. So says the company’s Northwest chairman, Phyllis Campbell.

“We’re working hard to figure out how we can disclose that on our ATMs and is part of the law now and we absolutely are complying. We’re very close to making sure it will be done. The question is can it be done on other bank’s ATMs and that’s something I can’t answer,” Campbell said.

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Economy
2:26 pm
Wed September 21, 2011

Protestors try to disrupt meeting of business leaders near Cle Elum

Anti-poverty protestors outside The Association Of Washington Business Summit at Suncadia Resort on Wednesday.
Northwest News Network

NEAR CLE ELUM, Wash. – Anti-poverty activists tried to crash a meeting of business leaders at a resort in Central Washington. The action – dubbed “Showdown at Suncadia” – happened today as the state’s chamber of commerce held its annual policy summit.

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Medical care
6:07 pm
Mon September 19, 2011

NW medical school doctors paid by drug companies

Some medical students are calling for Northwest doctors to be banned from taking speaking fees from drug companies.
Flickr

Some doctors on the faculty of Northwest medical schools are getting paid by pharmaceutical companies to give talks on new drugs.

Harvard and Stanford have banned this practice. But not Oregon Health and Science University or the University of Washington. Now some medical students want similar bans here.

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Medical Marijuana
10:57 am
Mon September 19, 2011

Ellensburg planning for medical marijuana gardens

In Ellensburg, marijuana gardens would have to be inside, if the council approves its latest measures.
Flickr

ELLENSBURG, Wash. — The Ellensburg City Council will take public testimony at Monday's meeting on proposed regulations for medical marijuana dispensaries.

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Mining death
10:03 am
Mon September 19, 2011

Poor mining practices, inadequate oversight preceded miner's death

A statue of a miner stands outside Hecla Mining’s headquarters in Coeur d’Alene, Idaho. The company owns the Lucky Friday Mine in Mullan, Idaho, where miner Larry Marek died in April.
Jessica Robinson KPLU

COEUR d’ALENE, Idaho – It's been five months since a rockfall at the Lucky Friday Mine in north Idaho killed veteran miner Larry Marek. Much about the accident is still unknown. But public records going back several years suggest the federal agency that oversees mines did not adequately ensure the safety of workers at the Lucky Friday.

A 2008 report on another collapse there went missing. And since Larry Marek’s death, inspectors have found a dramatically higher number of safety violations.

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Business
9:54 am
Mon September 19, 2011

Washington legislature created program that nobody used

OLYMPIA, Wash. – A loan program the Washington legislature created in 2008 to help small manufacturers hasn’t had a single taker. That’s the finding of a legislative audit that recommends the program be terminated.

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Business
4:45 pm
Fri September 16, 2011

Mayor McGinn calls on Congress to support Obama's jobs plan

Seattle Mayor Mike McGinn.
City of Seattle

Seattle Mayor Mike McGinn wants Congress to put aside partisanship and pass President Obama's $450 billion American Jobs Act.

If passed, it could mean big bucks for the state of Washington; The federal government could fund up to $1.8 billion worth of public works projects that it says, would create jobs and improve infrastructure.

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High-density living
3:29 pm
Fri September 16, 2011

A thing to remember when moving into high-rise, another high-rise

Jenny Downing Flickr

If you're considering moving into a high-rise condo or apartment in Seattle for the views of Puget Sound, the Space Needle or mountain ranges, you might want to keep this in mind: City regulations do not protect private views, only public views.

This is a lesson being learned the hard way by residents of the Cosmopolitan high-rise in the Denny Triangle, according to a story in Seattlepi.com. Residents there have already had one building go up a mere 18 feet from them and now another tower has been approved for construction.

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Business
10:26 am
Fri September 16, 2011

Oregon eyes insurance rate increase

SALEM, Ore. - Customers of one of Oregon's largest health insurance companies may see a large rate increase soon. State insurance regulators held a rare public hearing Wednesday on the request by ODS Health Plan to hike its rates an average of 10 percent. A decision on the requested rate hike could come next month.

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Business
1:44 pm
Thu September 15, 2011

Phone book opt-out deadline is next week

Emiliano Pennisi flickr.com

If you live in Seattle and want to avoid receiving piles of phone books that you don't need, the deadline is September 23. The city has an opt-out website at www.seattle.gov/stopphonebooks

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Business
2:07 pm
Wed September 14, 2011

Wash. unemployment unchanged in August

OLYMPIA, Wash. - The unemployment rate held steady at 9-point-3 percent in Washington state in August. The state Employment Department released fresh jobs numbers Wednesday, a day after Oregon reported a slight uptick in its unemployment rate. Now it's at 9-point-6 percent.

In Washington, Employment Department chief economist Dave Wallace says the private sector statewide has added jobs for twelve months in a row now. But he says jobs need to be added at a faster pace to chip away at the unemployment rate.

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sick leave vote
5:40 pm
Mon September 12, 2011

Update: Seattle council says paid sick leave is right direction

Sick workers at Seattle businesses with at least four employees will now get some paid leave.
Davide Taviani Flickr

The Seattle City Council voted 8-1 this afternoon to approve the Paid Sick Leave Ordinance, making the vote official after council members announced last week that they finally had the votes to pass it.

The lone dissenter in the vote was Council President Richard Conlin.

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