Business

Business
4:03 pm
Fri December 3, 2010

Nalley’s saying ‘Goodbye’ to Tacoma after 92 years

A spread of Nalley's top products for a 1949 advertising campaign. Nalley Foods was famous around the northwest for its potato chips and pickles. The brand name lives on as the local company fades away.
Richards Studio, Tacoma via Tacoma Public Library Archives

Tacoma is losing one of its landmark businesses.  Nalley Foods will close its local plant some time next year. 

Nalley’s has been well known for its brand of potato chips, pickles, and mayonnaise.  The chips were ubiquitous across the Northwest for decades, but that line was sold-off 15 years ago. 

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State Budget Crisis
7:28 am
Thu December 2, 2010

Candy, soda and bottled water tax goes away today

Chris Shook, a driver with Harbor Pacific Bottling Inc., makes a delivery of soda and water in Elma, Wash.
Ted Warren AP Photo

Washington’s sales tax on candy, soda and bottled water goes away today. Some candy and chocolate stores are bracing for a surge in business from corporate gift purchases that have been delayed until now to avoid the tax.

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Panel Discussion
12:30 am
Thu December 2, 2010

Re-Imagining the GDP

The tiny kingdom of Bhutan measures Gross National Happiness rather than GDP.
Flickr/Chris Guillebeau

How should we measure societal progress and success?  What is the economy really for?  Is the measure of Gross National Happiness, championed by the tiny south Asian nation of Bhutan, superior to our Gross Domestic Product?  How has Seattle become one of the centers in the U. S. pursuing such alternative measures?

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Outsourcing Debate
4:10 pm
Wed December 1, 2010

The conference that didn’t happen: Mexico Now canceled Seattle event

Flickr, by aflcio/ Bernard Pollack

Organized labor flexed its muscles recently in our region, showing their influence behind the scenes. There won’t be any protests on the evening news.  But the threat of large-scale demonstrations this week by the Machinists Union and its supporters culminated in the cancellation of a conference meant to lure aerospace manufacturing to Mexico. It was scheduled to take place tomorrow in Seattle.  

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Public Health
12:42 pm
Wed December 1, 2010

Cigarette campaign draws fire from Washington leaders

A big tobacco company is using images of Seattle to convince people to light up.  It’s one of 10 cities featured in an ad campaign that follows the Camel cigarettes mascot to “hip” locations.  This month, the company plans to start selling limited edition packs with Seattle icons on it.

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Washington's Economy
7:09 pm
Tue November 30, 2010

End of emergency unemployment benefits means final checks for thousands in Washington

Nearly 100,000 unemployed people in Washington were on emergency benefits before the federal program expired. There are five job seekers for every open position. The national unemployment rate is 9.6%.
Flickr, by khalilshah

Nearly 100,000 people in Washington will get letters this week, letting them know how soon their unemployment benefits will run out.  Emergency assistance for the long-term jobless has expired.  

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Boeing's Troubled Dreamliner
4:37 pm
Tue November 30, 2010

787 flying again, but another delay is certain

Another delay of the troubled Boeing 787 Dreamliner's first delivery to All Nippon Airways is certain.
AP

Boeing's damaged Dreamliner No. 2 is back in the air – but not for test flights.  It's not clear when the new jet's test flight program will resume or how long the latest 787 delay will end up being. 

But Boeing says the Dreamliner that was badly damaged by an in-flight fire in Texas three weeks ago took off from Laredo at 12:06 p.m. Pacific Time and was expected to land at Boeing Field at 4:18 this afternoon.  

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Busines & Labor
5:37 am
Mon November 22, 2010

Tentative deal reached in grocery chain talks

There'll be no Thanksgiving grocery strike at central Puget Sound's large supermarkets.
Gary Davis/KPLU

 Grocery workers and their employers have reached a tentative agreement after lengthy contract talks over the weekend.  This means shoppers no longer have to worry about a pre-Thanksgiving strike at the four big chains: QFC, Fred Meyer, Safeway and Albertsons.

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Labor Relations
11:22 am
Thu November 18, 2010

Grocery Workers' Contract Talks Resume

Puget Sound grocery workers crowded in for a strike authorization vote last week. 94 % rejected the latest contract offer.
Courtesy UFCW 21

With just a week to go before Thanksgiving, there's new hope in the grocery workers contract dispute.  Negotiators are back at the table today  after a resounding majority of union members threatened to go on strike.

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Washington's Economy
12:22 pm
Wed November 17, 2010

State jobless rate steady

Job seekers at an employment fair. Washington State's jobless rate held steay from September to October at 9.1%

The latest figures are out, and the state's unemployment rate is unchanged from last month: 9.1%.


About 1,900  private sector jobs were added last month. That makes five consecutive months of job growth in private industry, according to the Employment Security Department. 


The public sector added 4,000 positions, largely due to education-related hiring in September.

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Boeing Milestones
12:10 pm
Thu November 11, 2010

Boeing cuts ribbon on new P-8 facility

Boeing has cut the ribbon on a new production facility in south Seattle.  It's where a version of its best-selling 737 aircraft will be transformed into one of the US navy's most advanced surveillance and reconnaissance aircraft. 


 

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Business
5:19 pm
Fri November 5, 2010

Starbucks earnings double

Starbucks reported strong 4th quarter earnings, a nod the company has overcome some rocky times.
Photo by Gary Davis/KPLU

Just two years ago, Starbucks was laying off staff and closing hundreds of US stores in its efforts to slash costs and restore the chain to profitability. Now it's reporting record earnings for the fourth quarter, with profits up 86% compared to a year ago.

Starbucks says its turnaround has ushered in a new phase of growth. Sales in the US and abroad increased by 8% during the quarter.

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Business
1:56 pm
Thu November 4, 2010

Tacoma's loss, Seattle's gain: Russell Move Complete

Part of Russell Investment's newly remodeled space in the former WaMu Tower in downtown Seattle. It's now the Russell Investment Center.
Russell Investments

What was once the WaMu Tower is now the Russell Investment Center. The financial services company that was downtown Tacoma's largest employer has now formally opened its new headquarters in downtown Seattle.

Seattle's civic leaders turned out in full force to welcome the company famous for its stock market indexes. 900 well-paid employees now occupy five floors of the skyscraper at 2nd and Union, next door to the Seattle Art Museum.

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Debtors' Prisons
12:30 pm
Mon October 4, 2010

ACLU Report Says People Shouldn't Be Jailed For Their Debt

A followup to a story we brought to you two weeks ago: the ACLU issues a report Monday that condemns the practice of jailing people in legal trouble because of their debts. Washington is cited in the report because its attorneys can seek arrest warrants for people who ignore orders to show up in court to face their creditors. KPLU's Doug Nadvornick reports.

Full Story
The ACLU decries what it calls the "Rise of America's New Debtors' Prisons."

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