The shutdown cost the economy $24 billion according to research from Standard and Poor’s . Other analysts peg it at a few billion higher or lower. But what is certain is that the shutdown had a major economic impact, curtailing annual growth in the fourth quarter to 2.4 percent , down from 3 percent , according to S&P.
The shutdown is over, for now. The agreement passed by the Congress and signed by the President keeps the government open until January 15. The debt ceiling has been raised through February 7. Jon Talton writes a column on business and the economy for the Seattle Times, he explains what we have gained and lost from the partial government shutdown.
Nathan Myhrvold was the former chief technology officer at Microsoft when he took a leave to attend culinary school in France.
Now the CEO of Intellectual Ventures, a Bellevue company that buys and licenses patents, Myhrvold has taken food to a new level: photographing lentils under a microscope, shooting gelatin and eggs and blending wine, which he says takes the edge off a young wine.
As they debate their contracts, grocery workers insist they’re serious about striking: Picket captains have been tapped at hundreds of stores throughout the region, and strike headquarters have popped up in five counties.
As the partial government shutdown drags into its third week, some companies haven’t missed the opportunity to squeeze some publicity out of it. Last week, Starbucks gave away free cups of coffee to anyone who bought another person a beverage in its stores. The company also urged customers to sign a petition, asking lawmakers to end the shutdown.
The airline's president, Yoshiharu Ueki, said the order was unrelated to Boeing's problems with the 787, but the huge order is seen as a major coup for the Toulouse, France-based manufacturer at the expense of its American rival.
Originally published on Sat October 5, 2013 12:32 pm
Pirate Joe's, the grocery store that made waves — and attracted a lawsuit — for selling Trader Joe's items in Canada, has won a battle in its legal fight with the supermarket chain. A U.S. district court judge has granted the Vancouver store's motion to dismiss a trademark infringement lawsuit.
After the lawsuit was filed, Pirate Joe's took on the name _Irate Joe's. The store's owner, Mike Hallatt, says he began his enterprise on a small scale last year, driving groceries across the border from Washington State to Vancouver. Trader Joe's does not operate any stores in Canada.
William Henry Gates III is an American business magnate, investor, programmer, inventor and philanthropist. You probably know him as Bill. He has done a few things, most notably, perhaps, building the software empire Microsoft. Although Bill Gates has stepped away from the daily operations at Microsoft, he’s still chairman of the board. And some influential Microsoft investors are calling for Gates to step down. That’s according to a story from Reuters Corporate Board Correspondent, Nadia Damouni.
It has been one year since the city of Seattle implemented its mandatory sick leave law. The ordinance is meant to establish standards for paid sick days and ensure that employers provide a minimum amount of paid time off for employees. So how is the law working out for employers? The Seattle City Council has commissioned a University of Washington study to evaluate the law.
Jennifer Romich, an associate professor in the school of social work at UW has been leading the research, she just released the results from a series of interviews conducted with 24 employer and spoke with David Hyde about her findings.
From Anacortes, Wash., you get the classic, gorgeous views of the San Juan Islands. But tourists mostly breeze by this city, thinking of it as just the gateway to greater places. Anacortes does have its own thing going, though. It’s an unusual mix of a real working city with super lovely landscape.
One reason the Puget Sound region stayed stronger than some surrounding areas during the economic downturn is because of its tech industry. A particular bright spot is the computer gaming and interactive media industry.
A ballot initiative that would raise the minimum wage for some workers in SeaTac to $15 an hour could mark a major change in the larger labor movement’s strategy in the US.
Marcie Sillman talks it over with New York Times labor reporter Steven Greenhouse. We also hear from David Rolf, the president of SEIU Healthcare 775NW, and Jeff Johnson, president of the Washington State Labor Council.