business

Lois Harris opened the Vogue Coiffure Beauty Salon on 23rd Avenue in 1966. Road construction there has put her in the worst financial situation she's seen yet.
KUOW Photo / Joshua McNichols

Central District business owners will get a chance to tell city officials about the problems on 23rd Avenue on Tuesday. They say a big road project there has scared away their customers. They want a financial bailout, but the city says no.

Delta Air Lines workers in the greater Seattle area received $53.1 million in bonuses Friday. About 3,000 local employees at Delta's newest hub city qualified for the corporate profit sharing program.

CTI BioPharma's offices on Western Avenue near the Olympic Sculpture Park in Seattle.
Google Maps

The FDA has halted trials of a blood cancer drug sponsored by Seattle-based company CTI BioPharma. The agency said the drug may have a “detrimental effect” on patient survival.

Over 600 patients worldwide have taken part in the clinical trials.

As Bernie Sanders sees it, Wall Street got a big boost when U.S. taxpayers bailed out some of the largest financial institutions in 2008. Now it's time for Wall Street to return the favor.

Sanders has proposed something he calls a speculation tax, a small levy on every stock, bond or derivative sold in the United States.

The revenue would go toward free tuition at public colleges and universities and would also be used to pare down student debt and pay for work-study programs, as well as other programs, Sanders says.

A view from inside a Boeing factory.
Courtesy of Boeing

Bill Radke talks to aerospace analyst Richard Aboulafia, vice president of the Teal Group, about Boeing's announced layoffs and the reports of a U.S. Securities And Exchange Commission investigation into the company. 

AP Photo/John Zeedick

Bill Radke talks with Bloomberg News reporter Spencer Soper about Amazon's plans to move into the shipping business.

The next Tesla car is expected to be revealed and made available for pre-order next month. And while the auto world is still waiting to see specs and drawings, one thing is already known: the price.

As promised, Elon Musk tells Bloomberg, the Model 3 will cost $35,000 — before any incentives.

Opponents of genetically engineered crops in Oregon want state lawmakers to allow local governments to ban those crops. The measure under consideration would reverse a bill approved during a special session less than three years ago.

The privatization of retail liquor sales in Washington state has delivered a sustained boost to the state liquor divisions in neighboring Idaho and Oregon.

The Gulf of Mexico is now open for commercial fish farming.

The National Oceanic and Atmospheric Administration (NOAA) announced last month that, for the first time in the U.S., companies can apply to set up fish farms in federal waters.

The idea is to compete with hard-to-regulate foreign imports. But opening the Gulf to aquaculture won't be cheap, and it could pose environmental problems.

Iran and Boeing go way back. Boeing was the largest supplier of civilian aircraft to Iran before the country's 1979 Islamic revolution. And despite the fraught relations between the U.S. and Iran since then, Iran has kept flying those planes for decades.

As part of the recent Iranian nuclear deal and the lifting of sanctions, Boeing is once again permitted to sell planes to the Islamic Republic. And Iran desperately wants to start replacing its fleet of aging, worn-out commercial aircraft.

Emily Martin created a state-by-state map of the gender wage gap in the United States. She calculated: Washington, D.C., has the smallest wage gap where women average nearly 90 cents to a man's dollar; Louisiana has the largest gap — women there earn just 65 percent of what men do.

Nationally, women earn an average 79 cents for every dollar men do. The gender wage gap is even wider for black and Hispanic women.

A plan to hike Oregon's minimum wage is moving forward in the Oregon Legislature. A measure cleared a committee Friday and is headed for a vote on the Senate floor.

The U.S. economy added just 151,000 jobs in January while unemployment dropped slightly, to 4.9 percent, according to the latest figures from the Bureau of Labor Statistics.

Economists had expected to see about 190,000 new jobs.

The unemployment rate, which has held steady at 5 percent the past few months, dropped slightly to 4.9 percent. It's the first time unemployment has fallen below 5 percent since the recession.

Ebrahim Pourfaraj wants to build the biggest hotel in all of Iran.

He's already started his project in the far north Tehran, a wealthy zone where the city climbs up the slopes of the snow-capped Alborz Mountains.

You get out of the car, carefully stepping over the little mountain stream that flows in a channel beside the curb. After stepping through a construction trailer, you emerge on a steel-mesh platform looking over the edge of an enormous hole.

Pages