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Saturday, February 16, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: business

Exotic Metals submits plans for Airway Heights expansion

Exotic Metals Forming LLC has submitted development plans for future expansion on the West Plains.

Request for controversial rezoning on Coeur d’Alene Indian Reservation withdrawn

A controversial request to rezone 84 acres of agricultural land on the Coeur d’Alene Indian Reservation has been withdrawn by the property owner.

A robust job gain in January shows U.S. economy’s durability

U.S. employers shrugged off last month’s partial shutdown of the government and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year.

UPDATED: Fri., Feb. 1, 2019, 6:21 p.m.

For the first time in six years, Boeing employment grows

Boeing last year added almost 4,000 jobs in Washington state and nearly 9,000 companywide, the aerospace giant’s first employment increase in six years.

UAW joins Canada autoworkers’ call to boycott GM cars made in Mexico

The UAW is joining Canada’s autoworkers’ union, Unifor, to apply pressure on General Motors to keep five plants in North America running.

UPDATED: Fri., Feb. 1, 2019, 6:55 p.m.

BP backs shareholder initiative on climate plan disclosure

Energy giant BP plans to release more information about how new energy exploration and production projects would affect its pledge to reduce greenhouse gas emissions, the company said Friday in …

Starbucks faces tricky time as ex-CEO mulls presidential run

For Starbucks, former CEO Howard Schultz is a hero – and a headache.

Seattle area’s life-science sector is on the upswing, and it is scrambling to fill jobs

In a quiet Bothell business park far from booming South Lake Union, players in the Northwest’s “other” tech sector are coping with growing pains of their own.

UPDATED: Thu., Jan. 31, 2019, 5:47 p.m.

Facebook says Apple its restoring a key developer tool

Facebook says Apple is restoring its access to a key development tool that the iPhone maker disabled Wednesday.

Amazon has another ‘Prime’ holiday: Profit tops $3 billion

Amazon had another strong holiday season: Its quarterly profit topped $3 billion for the first time as revenue grew across many of its businesses, including online shopping, advertising and cloud …

S&P 500 index delivers biggest monthly gain since 2015

Wall Street got its mojo back in January after finishing 2018 with its worst December since 1931.

High-speed broadband to increase in parts of Spokane and Stevens counties

Some rural homes and business Spokane and Stevens counties will get high-speed broadband in the future with the help of federal funding.

Outdoor retailers expand political fight with climate push

Two years after jumping into a fight with the Trump administration over public lands, the U.S. outdoor industry is turning up the political pressure – though its impact is difficult …

UPDATED: Thu., Jan. 31, 2019, 8:46 p.m.

How accurate are Zestimates? Zillow awards $1M to trio for improving them

Zillow’s estimate of a home’s value, called the Zestimate, can be powerful: Some homeowners track them like a stock, and when it gets to a certain point, they may decide …

US average mortgage rates edge up; 30-year at 4.46 percent

U.S. long-term mortgage rates edged up after declining in recent weeks.

UPDATED: Wed., Jan. 30, 2019, 5:35 p.m.

Tyson recalls chicken nuggets over reports of rubber inside

The U.S. Agriculture Department said the 5-pound bags should be thrown away or returned. The agency says there are no confirmed reports of anyone getting sick from the rubber.

Where’s my robot lawn mower? Roomba-maker now has an answer

For more than a decade, iRobot, the company behind the Roomba vacuumbot, has been working – and working – on robotic lawn mowers. Now it finally has something to show …

UPDATED: Wed., Jan. 30, 2019, 5:31 p.m.

Indiana-based Schurz Communications selling newspapers to GateHouse Media

Schurz Communications says it’s selling its publishing division, including 20 newspapers in five states, to GateHouse Media LLC.

Foxconn reconsiders plan for Wisconsin manufacturing hub

Foxconn Technology Group said Wednesday it is shifting the focus of its planned Wisconsin campus away from blue-collar manufacturing to a research hub, while insisting it remains committed to creating …

UPDATED: Wed., Jan. 30, 2019, 5:40 p.m.

Record Boeing earnings soar past Wall Street expectations

With Boeing’s jet deliveries climbing ever higher, the company released its 2018 financial results Wednesday, delivering record revenue, record profit and record cash flow for the year that well exceeded …

Expedia and subsidiary Egencia sued in overtime case

The online travel company Expedia and one of its subsidiaries are being sued over an alleged failure to pay overtime to hundreds of customer service representatives across the country.

Key Tronic: Fiscal 2Q Earnings Snapshot

Spokane Valley-based Key Tronic Corp. on Tuesday reported its fiscal second-quarter net income of $1.6 million, after reporting a loss in the same period a year earlier

UPDATED: Tue., Jan. 29, 2019, 4:26 p.m.

Apple to fix FaceTime bug that allows eavesdropping

Apple has made the group chat function in FaceTime unavailable after users said there was a bug that could allow callers to activate another user’s microphone remotely.

UPDATED: Tue., Jan. 29, 2019, 8:01 p.m.

Sweeping new report blames Big Food for ills far beyond flab

The Lancet Commission on Obesity blamed a growth-focused sector for a system that gorges populations on empty calories while misusing land, energy and other resources.

UPDATED: Mon., Jan. 28, 2019, 5:04 p.m.

Pension agency criticizes Sears Chairman Edward Lampert’s plan to buy bankrupt retailer

The federal agency preparing to take over Sears’ pension plans is opposing Sears chairman Edward Lampert’s plan to buy the retailer out of bankruptcy. Lampert’s $5.2 billion bid to buy …

Nissan says it’s ‘cooperating fully’ with inquiry by SEC

Nissan Motor Co. said Monday it has received an inquiry from the U.S. Securities and Exchange Commission, suggesting investigations into dealings by its former chairman Carlos Ghosn could expand beyond …

UPDATED: Mon., Jan. 28, 2019, 4:41 p.m.

Dropbox to acquire e-signature software company HelloSign

Dropbox, a maker of software for syncing and sharing files in the cloud, agreed to acquire HelloSign for $230 million in cash to add tools for digitally signing contracts and …

UPDATED: Mon., Jan. 28, 2019, 6:37 p.m.

Longtime dream of cloud-based gaming closer than ever to coming true

Major companies from Microsoft to Verizon are exploring how to replace game downloads with internet-based game services hoping to do for video gaming what Netflix and Spotify have done with …

UPDATED: Mon., Jan. 28, 2019, 4:36 p.m.

Stocks slide as slow growth in China weighs on earnings

Stocks slumped in morning trading on Wall Street after two major U.S. companies warned that slower economic growth in China was hurting their results.

UPDATED: Sun., Jan. 27, 2019, 8:50 p.m.

World trade group is likely to probe Trump’s China tariffs

Tension between the U.S. and China is about to get more complicated, with the World Trade Organization ready to investigate President Donald Trump’s tariffs on $250 billion worth of Chinese …