business

OfferUp website shows goods being offered near the user.
Screen grab 4/14/2016

A Bellevue startup wants to move in on the buy-and-sell market created by Craigslist. Private investors seem to think OfferUp could do it: They have estimated the company's value at more than $800 million.

The unemployment rate in Washington state held steady at 5.8 percent for the fourth consecutive month in March. But in its latest jobs report out Wednesday, the state employment department reported steady hiring across most of the economy.

A coal-mining giant has filed for Chapter 11 bankruptcy protection amid an industrywide slump.

Peabody Energy — which is the biggest coal miner in the U.S. and says it is the largest private-sector coal company in the world — is looking to restructure its heavy debt load and gain relief from its creditors. It hopes to continue operations unimpeded.

Nearly 40,000 workers at Verizon have gone on strike, objecting to, among other things, outsourcing and temporary location transfers.

The two unions representing Verizon workers say their employees have been without a contract since August. They call the walkout, which began at 6 a.m. ET Wednesday, "by far the largest work stoppage in the country in recent years."

NPR's Joel Rose tells our Newscast unit:

"The striking employees mostly work in Verizon's wireline business — landline phone, video and Internet — on the East Coast.

Mark Zuckerberg has laid out a 10-year master plan for Facebook. It's bold. It's savvy. And it glosses over a key detail: the dark side of making the world more connected.

Equal Pay Day pin
Flickr Photo/Michael Panse (CC BY ND 2.0)/https://flic.kr/p/mhQxLC

Kim Malcolm speaks with Seattle resident Ruchika Tulshyan, author of "The Diversity Advantage: Fixing Gender Inequality In The Workplace," about why companies and managers should be taking the lead on closing the gender pay gap.

To understand the economy, you have to do a lot of measuring. What's bigger? What's growing? What's unequal?

On national Equal Pay Day, women and economists take a hard look at incomes. And their measurements show that after decades of the equal-rights battles, men still get bigger paychecks — sometimes for the same work.

April 12 is National Equal Pay Day
Flickr Photo/Metropolico.org (CC BY-SA 2.0) https://flic.kr/p/mhj6K8

There's essentially no pay-gap for women or people of color who work for Microsoft. The company has released that data in time for National Equal Pay Day, today.

Microsoft research shows women make 99.8 cents per every dollar made by men in the same company role. The ratio for people of color compared to white employees is dollar-for-dollar, on average.

View of the construction site in Kenmore at the north end of Lake Washington, April 29, 2012.
Flickr Photo/WSDOT (CC BY-NC-ND 2.0) https://flic.kr/p/bEiMv9

People are able to drive part of the brand new 520 floating bridge Monday morning. The westbound lane is open after weeks of hype and an official ribbon cutting. But now there's an old bridge, and getting rid of that will be much less glamorous.

Paige Browning explains, there's a dispute over where to destroy it.

BMW's all-electric i3 is one of the vehicles being offered by the company's new ReachNow car-sharing service.
COURTESY BMW

The carmaker BMW has made Seattle the launching pad for a new car-sharing service called ReachNow. It’s similar to Car2Go, and the city could allow still more companies to enter the market.

As KUOW’s Amy Radil reports, ReachNow says it plans other services as well. 

Port of Vancouver commissioners are looking for input at a hearing Tuesday about how to move forward with the nation’s largest oil-by-rail terminal.

The Port wants to hear from the public about how to proceed with a proposed lease amendment from the backers of the Vancouver Energy Project.

The hearing will be held at Clark College. It’s expected to last about 12 hours.

It's been a big week for supporters of paid family leave.

The city of San Francisco and the state of New York took groundbreaking steps toward new and more generous leave policies. Advocates hope the moves will create momentum in other places that are considering similar measures.

Fishermen's Terminal, Seattle, Washington.
KUOW Photo/Kara McDermott

Bill Radke speaks with UW Fisheries professor Ray Hillborn about a plan he says would create more fish in the ocean, more catch for fishermen and more profitable fisheries. It might make some fishermen very rich and others very angry.

Sardines, herring and other small fish species are the foundation of the marine food web — they're essential food for birds, marine mammals and other fish. But globally, demand for these so-called forage species has exploded, with many going to feed the livestock and fish farming industries.

Jennafuh Singer of The New York Xchange says business is up since light rail moved to Capitol Hill. Her store is moving a few doors down into a space shared with Panache, in part to be even closer to light rail.
KUOW Photo/Joshua McNichols

Some businesses on Capitol Hill are reporting 15 to 20 percent more customers since the light rail station opened there.

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