Tagged: business

Sacramento Mayor Kevin Johnson still says his city is keeping their NBA basketball team, the Kings. That's despite a deal already in the works to sell the team to a Seattle group.

Johnson announced that new investors are stepping in with a last-ditch effort to keep the team on Thursday night.

Mark Mastrov is a Sacramento local and the founder of 24 Hour Fitness, and will make a bid for the team. Pittsburg Penguins owner Ron Burkle will solve the city's other problem and lead a group to build a new downtown arena.

Friday, March 1, is opening day at the Green Lake Pitch ‘n Putt Golf Course. The course has nine holes. The clubhouse isn’t much bigger than a roadside fruit stand. Admission is less than $10. For the thirtieth year in a row, the Taitch family will be running the place. But last year, the family almost called it quits.

Right now is a terrible time to buy a used car. But it’s an excellent time to sell a used car, especially here in Seattle. Sales of new cars plunged between 2008 and 2010, and that’s caused a shortage of used cars. According to Forbes, Seattle is the second worst city in the country to buy a used car. So why here? We'll get some answers from Micheline Maynard. She covers business and the automobile industry for Forbes and other publications.