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Ben Margot / AP

"Initial Public Offering," or I-P-O, is a buzz term that was talked about a lot in the boom years of the late 1990s – especially in Seattle, where lots of high-tech startup companies were thriving at that time.  They've been pretty scarce lately.  But they may be coming back.

Charla Bear / KPLU

Some industries are slowly creating jobs again, but construction isn’t really one of them. The state lost about 2,400 construction jobs just last month, according to state employment economists. But in Seattle, hope could be on the horizon.

The clanking and pounding sounds of construction are starting to return to the city. Some builders who work on high-rise projects have been able to dust off their nail guns, thanks to a growing demand for apartments.

Paula Wissel/KPLU

U.S. Senators Patty Murray and Maria Cantwell say Wall Street speculation in the oil and gas market is directly affecting small business in Washington. 

At a news conference held at Local Roots Organic in Seattle they were joined by several business owners who said high gas prices are taking a toll on their bottom line.

File photo

Despite the massive fraud that has emerged as the U.S. tries to dig itself out of the foreclosure mess at the heart of the great recession, there are still huge numbers of honest folks working in the real estate business. 

That's according to professional appraisers in Washington state, dozens of whom have signed an on-line petition. 

Emergency measures in a new law go into effect immediately, creating the infrastructure needed to get more housing counselors working with banks and preventing people from losing their homes.

Paula Wissel

The Associated Press reporters and photographers around the country weren't tweeting or uploading their stories to Facebook today.  They also refrained from using their personal cell phones or cars for business.

Flickr, @photo

A surprisingly solid March – that's the consensus about last month's retail sales.  Despite cold weather and climbing gas prices, shoppers spent a lot more money last month than they did in March a year ago.

Costco and Nordstrom are among the local companies that are benefiting.

AP

Federal officials have issued an emergency order requiring inspections of Boeing planes with similar construction to the Southwest Airlines plane that had a 5-foot tear that led to an emergency landing last week.

The Federal Aviation Administration order Tuesday applies to Boeing 737-300s, 400s and 500s that have a similarly constructed joint where pieces of the plane's skin meet. The joint is at about the midpoint of the passenger cabin.

Ted S. Warren / AP

When disaster response in Japan turns to rebuilding, Northwest timber companies and sawmills should see an increase in exports. But an industry consultant says the slow pace of disaster recovery means those new orders may not come for months. 

Stock prices for some North American timber companies spiked in the immediate aftermath of the Japan disaster. Wall Street anticipates a surge in Japanese demand for logs, lumber and plywood to rebuild homes.

AP

Boeing says it’s providing technical assistance to federal aviation regulators and to Southwest Airlines in the wake of Friday’s mid-flight incident where a hole appeared in the skin of a 737 airliner at 34,000 feet.

The Seattle Times reports that the sudden rupture has experts concerned because the stress-related failure of the aircraft’s aluminum skin occurred mid-fuselage. That's a place that was not previously thought to be vulnerable to that kind of damage. 

Jim Bryant / AP

There’s good news and bad news for logging and saw-milling jobs in the Northwest. The bad news is new figures out show construction spending dropped in February to the lowest level in more than a decade. The good news is that timber demand from China is soaring.

Russia has traditionally been China’s main wood supplier. An export tax by the Russians combined with the expanding Chinese economy has created an opening for exporters on the West Coast.

AP

The World Trade Organization has ruled that some U.S. government aid to aircraft maker Boeing Co. is illegal. 

The WTO's report details findings first issued in private to the EU and U.S. in January. It says the EU has demonstrated the U.S. gave Boeing "export subsidies that are prohibited" and recommends the U.S. either withdraw them or "take steps to remove the adverse affects." 

Ted S. Warren / AP

A "...boatload of loans, sitting in foreclosure," or on the verge of being taken back by the banks. Those are the words of one economist, talking about what's happening in the real estate markets of major cities, nation-wide. The greater Seattle area is no exception.

The numbers come from the Case-Schiller index and they're not pretty.

Tom Banse / Northwest News Network

Gourmet food company Harry & David hopes to make a quick trip through bankruptcy reorganization. The legendary Northwest retailer filed a “pre-arranged restructuring” plan with a Delaware court.

The struggling retailer will use the bankruptcy process to shed its heavy debt load and repair its balance sheet. The century-old Medford, Oregon icon filed papers saying the majority of its bond holders have agreed to swap their debt for equity in a restructured company.

Photo by Bellamy Pailthorp / KPLU News

Seattle's downtown restaurant owners are still grumbling about rate hikes for metered street parking.

The city's new scheme has been in place for a little over a month. But the controversy hasn't gone away. One of the city's most famous restaurant owners is going public with his concerns.

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