President Trump signed two directives on Friday, ordering a review of financial industry regulations known as Dodd-Frank and halting implementation of a rule that requires financial advisers to act in the best interests of their clients, according to a senior administration official who briefed reporters on condition of anonymity.
Trump himself made his intentions clear in a meeting with small business owners Monday. "Dodd-Frank is a disaster," Trump said. "We're going to be doing a big number on Dodd-Frank."
In the second large consumer settlement related to its diesel emissions scandal, Volkswagen says it will pay around $1.2 billion to help people who bought its vehicles with the larger 3.0-liter diesel engine. The plan includes a buyback as well as a repair program.
Washington state is the first in the nation to challenge President Trump’s travel ban. Attorney General Bob Ferguson filed a federal lawsuit, saying major portions of the executive order are unconstitutional.
In the state’s complaint filed Monday, Ferguson says the administration’s policy discriminates based on country of origin and religion.
The Dow Jones industrial average cruised past another milestone Wednesday — the 20,000 level, further evidence of the long bull market that has lifted share prices since the depths of the financial crisis.
The index closed at a record 20,068.Since the November elections, the Dow and the broader S&P 500 are up 9.5 percent and 7.4 percent, respectively.
The idea of giving workers paid time off to care for a new baby or an elderly parent has long been a priority of the left. But now the idea is gaining traction with some Republicans in the Washington Legislature.
Workers in Washington state are already eligible for up to 24 weeks of unpaid family and medical leave under state and federal law. A decade ago the Washington Legislature passed a paid family leave program, but never funded it. Now Washington Democrats and their labor allies are making a hard push to finally fund and expand that program.
A 32-year career at Boeing comes to a close in April for engineer Dave Baine of suburban Seattle. Baine was already prepared to retire when Boeing sealed the deal by making him a buyout offer last week.
"It's better than a gold watch," he says. The deal is six months' pay in a lump sum and extended health insurance.
"It'll help the younger folks that want to stick around and help some of the older folks exit quickly and quietly," he says.
The Boeing Company's CEO Tuesday had a second face-to-face meeting with President-elect Donald Trump to talk jet prices. Boeing's Dennis Muilenburg said they discussed a multi-billion dollar contract to replace the aging Air Force One jumbo jets and about new fighter jets for the military.
The inauguration of Donald Trump and the next session of Congress mark the end of the Trans-Pacific Partnership for the United States. The trade deal proved to be a divisive issue during the presidential election -- and not just among politicians.
Two closely-tied agriculture exporters in the Northwest, beef producers and hay farmers, will be affected by the end of TPP in very different ways.
Bill Radke talks with Seattle Times reporter Geoff Baker about AEG's pitch to renovate KeyArena, which would potentially lay the groundwork for a new Sonics home. Baker discusses why the company's plans may be more realistic than Chris Hansen's Sodo arena, how traffic will be affected and why it's important to save KeyArena from demolition.
Bill Radke speaks with Puget Sound Business Journal digital editor Greg Lamm about the impact Jeff Sessions could have on Washington's marijuana and tech industries if he is confirmed as the U.S. attorney general.
When you think of Amazon.com, fast shipping may come mind, but does fashion?
The equity research firm Cowen and Company estimates that Amazon's share of the apparel and accessory market last year was 6.6 percent and will keep climbing.
And the retail behemoth has been developing several in-house brands, for items like kids' clothing and men's shirts.. It also recently posted some "brand manager" positions for a private label active wear line.
Click the above audio player to hear the full story.
Portland’s about to become home to a new kind of business: VetPronto. The company's founder describes it as an "Uber for veterinarians." VetPronto is scheduled to arrive in Portland at the end of January.
The pitch is that you can have a vet come to your home, instead of taking your pet to a clinic.
Sounds expensive, right?
“Yeah, that’s a common misconception," said company founder Joe Waltman.
A northwest Washington tribe's shellfish beds are a step closer to getting cleaned up after years of contamination.
On Thursday, the Lummi Nation signed an agreement with dairy farmers to keep cow manure out of streams that drain into Portage Bay, where the tribe's shellfish operations have been closed because of contamination by fecal coliform. Over the past two years, Lummi clam diggers have lost hundreds of thousands of dollars.
Macy's, the country's largest department store chain, announced on Wednesday that it plans to eliminate more than 10,000 jobs and will continue with its plans to close 100 stores.
NPR's Chris Arnold tells our Newscast unit:
"Holiday sales were at the low end of what they had forecast — and that disappointed investors. All of this is in part due to the pressure that online shopping is putting on brick and mortar retailers."
Rex Tillerson, President-elect Donald Trump's nominee for U.S. secretary of state, is severing his ties with Exxon Mobil. The former chairman and CEO is in line to receive a $180 million retirement package.
Some prominent conservatives have signed on to a letter warning President-elect Donald Trump that he needs to sell off his businesses to address his many conflicts of interest.
"Respectfully, you cannot serve the country as president and also own a world-wide business enterprise, without seriously damaging the presidency," says a letter sent Monday by a bipartisan group of politicians, ethics advocates and academics.
The AP reported Friday that Simon & Schuster planned to move forward with publication of a book by Milo Yiannopoulos, in spite of harsh criticism. The forthcoming book, called Dangerous, is said to be about free speech.