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News > Business

Alphabet’s Waymo probed by US after autonomous car incidents

UPDATED: Tue., May 14, 2024

The top US auto-safety regulator opened an investigation into Waymo, the autonomous-vehicle subsidiary of subsidiary of Alphabet Inc., after 22 incidents in which the company’s cars were involved in collisions or may have violated traffic laws.

News > Business

Boeing delivers fewest jets since pandemic on 737 Max slowdown

UPDATED: Tue., May 14, 2024

Boeing Co. delivered 24 commercial jets in April, its lowest monthly tally since February 2022, as the planemaker slowed production of its workhorse 737 Max and 787 Dreamliner widebody to focus on improving quality.

News > Business

Powell reiterates Fed likely to keep rates higher for longer

UPDATED: Tue., May 14, 2024

Federal Reserve Chair Jerome Powell said the US central bank needs to be patient as it awaits more evidence that high interest rates are curbing inflation, doubling-down on the need to keep borrowing costs elevated.

News > Business

GameStop, AMC shares soar as traders pile back in to meme stocks

UPDATED: Tue., May 14, 2024

Meme-stock traders again piled into shares of GameStop Corp. and AMC Entertainment Holdings Inc., a day after both soared in a revival of the retail frenzy.

News > Business

Netflix beefs up film ranks, hiring ‘Bad Boys for Life’ producer

UPDATED: Tue., May 14, 2024

“Bad Boys for Life” producer Doug Belgrad will join Netflix as its vice president of film as the streaming giant continues to beef up its movie ranks following a major shakeup.

News > Business

Seattle Times publisher and CEO Frank Blethen will step down in 2025

UPDATED: Mon., May 13, 2024

Frank Blethen, 79, confirmed his plans Monday in a Seattle Times interview. He said he expects to retain his position as board chair of the Seattle Times Co.

News > Business

Melinda French Gates resigns from the Gates Foundation

UPDATED: Mon., May 13, 2024

Billionaire philanthropist and business executive Melinda French Gates announced Monday that she is resigning from the foundation she co-founded with Microsoft founder Bill Gates, her former husband, to start her own philanthropic venture.

News > Business

What’s seen as the best hedge against inflation? It may be a tech stock.

UPDATED: Mon., May 13, 2024

The biggest US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live Pulse survey.

News > Business

Cocoa plunges 19% as rain forecasts stoke market volatility

UPDATED: Mon., May 13, 2024

Cocoa futures in New York saw the largest price drop in records going back more than 60 years, with a forecast of wetter weather for key producers feeding further volatility to the market.

News > Business

Airlines sue Transportation Department over rules requiring fee disclosures

UPDATED: Mon., May 13, 2024

Several US airlines and a major lobbying group sued the US Transportation Department over new regulations mandating upfront disclosure of certain fees.

News > Business

Stocks rise before make-or-break inflation data

UPDATED: Mon., May 13, 2024

Stocks rose at the start of a week that will bring inflation data seen as key in shaping the outlook for Federal Reserve policy and the direction of markets.

News > Business

Thousands of grocery workers in region approve union contract

UPDATED: Sun., May 12, 2024

Katrina Keffer, of Colbert, was supposed to keep a neutral expression on her face when the company officials told her their proposal for pay increases for employees of Spokane-area Fred Meyer, Albertsons and Safeway stores.

News > Business

U.S. consumer sentiment slumps as inflation expectations rise

UPDATED: Fri., May 10, 2024

U.S. consumer sentiment declined in early May to a six-month low as short-term inflation expectations and concerns about the job market picked up.

News > Business

Live Nation’s bid to avoid U.S. antitrust suit seen as likely to fail

UPDATED: Fri., May 10, 2024

Live Nation Entertainment Inc. is set to meet with senior Justice Department officials in the coming weeks in a bid to stave off a potential antitrust lawsuit to break up the company. It isn’t likely to work.

News > Business

FAA initiates environmental impact study for SpaceX Starship launches from KSC

UPDATED: Fri., May 10, 2024

SpaceX’s plans to build a Starship launch complex at Kennedy Space Center are moving closer to reality even as it potentially takes over a launch site from neighboring Cape Canaveral Space Force Station.

News > Business

Amazon’s new fees on sellers likened to ‘kick in the gut’

UPDATED: Sat., May 11, 2024

Amazon.com Inc. merchants have found themselves caught in an economic vice. Earlier this year, the e-commerce giant rolled out changes to the fees its charges them — essentially shifting more of its operating costs onto the small businesses that account for most of the products sold on the site. Making matters worse for merchants, shoppers are trading down.

News > Business

Food and drink vending and self-serve kiosk operators want to be everywhere you are

UPDATED: Fri., May 10, 2024

Commercial real estate isn’t the only industry anxiously watching return-to-office mandates. Operators of vending machines, coffee service, office pantry services and self-checkout micro markets collectively saw their business decline by 70% in 2020.

News > Local business

Plans to build solar farm in Whitman County scrapped

UPDATED: Thu., May 9, 2024

Plans to build a solar farm in northern Whitman County were scrapped.

News > Business

The Dirt: Shipping company plans substantial remodel project

UPDATED: Fri., May 10, 2024

Officials at Shipping company R+L Carriers are planning to remodel their logistics facility, which is the subject of an upcoming preapplication meeting with Spokane city planners.

News > Business

Disney and Warner Bros. Discovery join together for new streaming bundle

UPDATED: Thu., May 9, 2024

There’s nothing like a streaming war to bring competitors together. Walt Disney Co. and Warner Bros. Discovery will offer a new streaming bundle that allows subscribers to access Disney+, Hulu and Max all in one deal, the two companies said Wednesday. The bundle will be available in the U.S. starting this summer and can be purchased through any of the three streaming platforms’ websites.

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Boeing delivers fewest jets since pandemic on 737 Max slowdown

Latest Stories

Alphabet’s Waymo probed by US after autonomous car incidents

Boeing delivers fewest jets since pandemic on 737 Max slowdown

Powell reiterates Fed likely to keep rates higher for longer

GameStop, AMC shares soar as traders pile back in to meme stocks

Netflix beefs up film ranks, hiring ‘Bad Boys for Life’ producer

Seattle Times publisher and CEO Frank Blethen will step down in 2025

Melinda French Gates resigns from the Gates Foundation

What’s seen as the best hedge against inflation? It may be a tech stock.

Cocoa plunges 19% as rain forecasts stoke market volatility

Airlines sue Transportation Department over rules requiring fee disclosures

Stocks rise before make-or-break inflation data

Thousands of grocery workers in region approve union contract

U.S. consumer sentiment slumps as inflation expectations rise

Live Nation’s bid to avoid U.S. antitrust suit seen as likely to fail

FAA initiates environmental impact study for SpaceX Starship launches from KSC

Amazon’s new fees on sellers likened to ‘kick in the gut’

Food and drink vending and self-serve kiosk operators want to be everywhere you are

Plans to build solar farm in Whitman County scrapped

The Dirt: Shipping company plans substantial remodel project

Disney and Warner Bros. Discovery join together for new streaming bundle