Business

Sacramento Mayor Kevin Johnson still says his city is keeping their NBA basketball team, the Kings. That's despite a deal already in the works to sell the team to a Seattle group.

Johnson announced that new investors are stepping in with a last-ditch effort to keep the team on Thursday night.

Mark Mastrov is a Sacramento local and the founder of 24 Hour Fitness, and will make a bid for the team. Pittsburg Penguins owner Ron Burkle will solve the city's other problem and lead a group to build a new downtown arena.

Friday, March 1, is opening day at the Green Lake Pitch ‘n Putt Golf Course. The course has nine holes. The clubhouse isn’t much bigger than a roadside fruit stand. Admission is less than $10. For the thirtieth year in a row, the Taitch family will be running the place. But last year, the family almost called it quits.

Right now is a terrible time to buy a used car. But it’s an excellent time to sell a used car, especially here in Seattle. Sales of new cars plunged between 2008 and 2010, and that’s caused a shortage of used cars. According to Forbes, Seattle is the second worst city in the country to buy a used car. So why here? We'll get some answers from Micheline Maynard. She covers business and the automobile industry for Forbes and other publications.

The Seattle Sonics' basketball season is penciled-in at Key Arena for next year. During a Seattle City Council briefing Monday, city officials said game days have been set aside at Key Arena starting in November.  

The 12th Avenue Arts project will transform a Seattle Police Department parking lot into one of Capitol Hill's newest multi-use buildings. In addition to retail and apartments, the building will include two theaters and office space for three small theater companies.

Business groups who opposed Seattle’s paid sick leave law are hoping for a do-over in Olympia. Today the Senate Commerce and Labor Committee will hear two bills to repeal the controversial ordinance.

Vancouver Sun political columnist Vaughn Palmer brings us the latest news from Canada. Film critic Robert Horton makes some Oscar predictions and previews SIFF's upcoming Noir City series. Then, Seattle Times economics columnist Jon Talton reviews the latest news on the Dreamliner and gives his take on the federal budget sequester and immigration reform proposals.