business

Business
4:31 pm
Fri April 25, 2014

Alaska Air CEO 'Confident' As Delta Spreads Wings On Home Turf

Airline rivals and allies converge at Atlanta's airport this week.

Originally published on Fri April 25, 2014 3:59 pm

The parent company of Alaska Airlines and Horizon Air announced strong earnings for the first quarter of the year on Friday.

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International Trade
4:00 pm
Fri April 25, 2014

The Trans-Pacific Partnership Has Both Parties Opposed

David Hyde talks with David Deese, political science professor at Boston College, about the politics behind the Trans-Pacific Partnership trade agreement.

Windows Phone
1:52 pm
Fri April 25, 2014

Microsoft Faces Challenge Bringing Nokia Business Into The Fold

Stephen Elop, executive vice president of Nokia shows off his colored shoe while talking about the colors available of the new Nokia Lumia 930 phones during a keynote address at the Microsoft Build Conference Wednesday, April 2, 2014.
AP Photo/Eric Risberg

Microsoft says its purchase of Nokia's mobile phone business is complete. The deal is meant to help Microsoft deliver a Windows phone to challenge Apple and Google. However the company said it's only the first step in a journey to bring the two organizations together as one team.

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Business
11:19 am
Fri April 25, 2014

Gasoline Prices Rise As U.S. Refineries Send More Fuel Overseas

With so much fuel headed elsewhere, the national average price for a gallon of regular gasoline is now $3.69, compared with $3.53 a month ago, according to AAA.
Rich Pedroncelli AP

Originally published on Fri April 25, 2014 11:28 am

The weather is warming and vacation season approaching.

And, just as predictably, the price of gasoline is rising. It does that every spring as refineries switch to more expensive summer blends.

But this year, the seasonal price bump is getting an extra bounce. Gasoline is costing consumers about 5 percent more than last year at this time, even though oil supplies are abundant. Why?

Experts say U.S. retail prices are nudging higher in large part because Gulf Coast refineries are sending more gasoline to other countries.

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Ballot Avoidance
7:20 am
Fri April 25, 2014

No Proposal Yet From Mayor's Minimum Wage Committee

Mayor Ed Murray addresses the press on Thursday afternoon, flanked by demonstrators on both sides of the minimum wage debate.
KUOW Photo/Amy Radil

Seattle Mayor Ed Murray and his Income Inequaltiy Committee have not yet reached an agreement in raising the minimum wage.

Murray was expected to announce an initial proposal for the City Council at a press conference Thursday afternoon, but said that though the committee had reached an agreement in principle, there was not yet a viable proposal.

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Economic Inequality
9:48 am
Thu April 24, 2014

How The Wealthy Get Richer And The Poor Get Poorer

Credit David Cay Johnston's new book, "Divided."

David Hyde talks with investigative reporter and author David Cay Johnston about his new book, "Divided: The Perils of Our Growing Inequality." The book comprises a collection of essays on the growing wealth gap and how economies grow while citizens get poorer.

$15 Campaign
8:42 am
Thu April 24, 2014

Seattle Mayor To Announce Plan For Raising Minimum Wage

Demonstrators in Seattle formed a human chain around City Hall Wednesday in support of a $15 minimum wage.
KUOW Photo/Deborah Wang

Seattle Mayor Ed Murray is expected to announce his proposal for a minimum wage increase Thursday afternoon after his advisory committee was unable to reach a consensus.

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Quarterly Earning Report
2:31 pm
Wed April 23, 2014

Boeing Says More Work Could Stay In-House

Flickr Photo/Chuck Taylor (CC BY-NC-ND)

Boeing announced quarterly earnings Wednesday morning that beat analysts' expectations. CEO Jim McNerney said part of the company's success story is the new economics of its labor force.

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Income Disparity
1:20 pm
Tue April 22, 2014

Fast-Food CEOs Earn Supersize Salaries; Workers Earn Small Potatoes

According to a new report, YUM! (owner of KFC, Taco Bell and Pizza Hut) compensated its CEO $22 million in 2013.
Paul Sakuma AP

Originally published on Sat April 26, 2014 6:09 am

At a time when fast-food workers make an average of about $9 an hour, what are the chief executives bringing home?

According to a new report, YUM! (owner of KFC, Taco Bell and Pizza Hut) compensated its CEO $22 million in 2013.

Chipotle's CEO took home $13.8 million in total compensation. And McDonald's CEO compensation totaled $7.7 million. (Compensation includes salary, bonus and the value of exercised options.)

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Amazon
1:16 pm
Tue April 22, 2014

Online Sales Taxes Shift Consumer Behavior, Study Shows

Monica Chavez packs up a box at an Amazon.com fulfillment center Dec. 2, in Phoenix.
Ross D. Franklin AP

Originally published on Wed May 14, 2014 2:34 pm

Technically, consumers are supposed to pay taxes on things they buy online. In fact, few do.

Congress is considering a bill called the Marketplace Fairness Act that would force many online sellers to collect sales taxes for the first time.

In the meantime, some states have already enacted so-called Amazon taxes, forcing the giant online retailer to collect sales taxes the same way traditional brick-and-mortar stores do.

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Income Inequality
3:10 pm
Mon April 21, 2014

Immigrant Business Owners Weigh In On Seattle's Minimum Wage

Credit Flickr Photo/torbakhopper (CC BY-NC-ND)

Ross Reynolds talks with Taylor Hoang, owner of the Pho Cyclo Cafe, about the minimum wage debate in Seattle.

As an immigrant business owner, Hoang is in favor of a proposal that would implement a much lower minimum wage. The proposal would raise the minimum wage to $10.35 and gradually increase to $15 over the next 10 years.

Economic
2:59 pm
Mon April 21, 2014

The Growing Wage Gap Between Executives And Workers

Credit Flickr Photo/Tax Credits (CC BY-NC-ND)

Marcie Sillman talks with Seattle Times economics columnist Jon Talton about the growing income gap between CEOs and workers.

Cannabis Retail
8:11 am
Mon April 21, 2014

Marijuana Consultants Offer Advice To Potential Pot Dealers

File photo of James Lucas of Tacoma Cross, a medical marijuana dispensary
Brianna Butterfield Northwest News Network

Originally published on Mon April 21, 2014 9:11 am

The Northwest’s budding marijuana industry means opportunity for pot consultants.

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OpenSSL Foundation
12:44 am
Mon April 21, 2014

Who Should Pay To Keep The Internet's Locks Secure?

A lock icon signifies an encrypted Internet connection. But thanks to a recently discovered (and now fixed) bug, it's been bleeding out information for a few years.
Mal Langsdon Reuters/Landov

Originally published on Mon April 21, 2014 10:01 am

The encryption code unlocked by the Heartbleed bug last week provided vital security for some of the most widely used websites on the Internet. Fortune 1000 companies rely on the open source code for their core business. But it turns out no one is paying for it.

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Cannabis Cup
5:07 am
Sun April 20, 2014

Legal At Last, Colorado's Pot Contest Gets Competitively Mellow

Originally published on Sun April 20, 2014 8:53 am

Transcript

RACHEL MARTIN, HOST:

Today, some 30,000 people will converge in Denver, Colo. for the 5th annual Cannabis Cup, a marijuana festival and tradeshow. It's the first time the event is being held after legal marijuana sales went into effect January 1 of this year. To learn more about the event, we're joined by Ricardo Baca. He's the editor of "The Cannabist" blog at the Denver Post. Thanks so much for being with us, Ricardo.

RICARDO BACA: Hey. Thank you.

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