Marcie Sillman talks with Michael Barr, professor of law at the University of Michigan and author of "No Slack: The Financial Lives of Low-Income Americans," about possible solutions for Americans who don't use traditional financial services.
Microsoft is celebrating a new leader: Satya Nadella is the company's third chief executive. Nadella likes cricket, and he quoted Oscar Wilde in his email to employees Tuesday. And for Seattle's Indian community, his appointment to the top job means a lot.
It feels great to win the Super Bowl, especially if you sell beer, T-shirts or season tickets. But that's not what people mean when they talk about a boost to the region's economy. And when you consider the businesses that will close for Wednesday's parade and the employees who will disappear to see that parade, there may even be a downside to winning the Super Bowl.
Microsoft has confirmed that Satya Nadella, 46, will be its new CEO as of Tuesday.
Todd Bishop, co-founder of the tech website Geekwire, said Nadella, who has worked at Microsoft for 22 years, will be making a big leap. â€śHeâ€™s been a strong business leader inside the company, but heâ€™s never led an organization at this scale before,â€ť Bishop said.
Originally published on Wed February 5, 2014 11:30 am
While it's never been considered a "cool" company, Microsoft is still a force â€” worth $300 billion, and Windows operating systems still run on a big chunk of the world's computers. While the profile of founder and former CEO Bill Gates still looms large, outgoing leader Steve Ballmer took the reins in 2000. And Tuesday, the board chose an internal candidate â€” 46-year-old Indian-American engineer Satya Nadella â€” to head the company.
Originally published on Thu January 30, 2014 3:03 pm
A once-stalled plan to support Christmas tree growers nationwide could be on its way to winning congressional approval as part of the new Farm Bill.
A provision in the bill adds a 15-cent surcharge on the cost of Christmas trees sold by larger farms. The revenue would help market those trees -- a potential boon for growers in Oregon, which leads the country in Christmas tree production.
Youâ€™ve likely heard of the dairy industryâ€™s famous "Got Milk?" campaign but youâ€™ve probably never heard an ad that asks, "Got Christmas Trees?"
Editorâ€™s note: An earlier version of this story included the Washington Board of Industrial Insurance Appealsâ€™ mistaken assertion that Tesoroâ€™s fines had been reduced to $858,500. The correct figure is $658,500.