The Boeing Co. said today that there has been no negative financial impact as a result of the FAA's grounding of the 787 Dreamliner. The news dampened a wave of speculation over the potential cost of its safety troubles with its 787 which was grounded two weeks ago.
Matthew Yglesias is a business and economics correspondent for Slate Magazine. In March he published his latest book titled "The Rent is Too Damn High." Today Ross talks to him about everything from Patty Murray to Spotify to policies on immigration.
Vancouver Sun political correspondent Vaughn Palmer brings us the latest news from Canada. Film critic Robert Horton appraises two new movies starring some of the biggest names of 1980s Hollywood: Stallone and Schwarzenegger. Then, Seattle Times economics columnist Jon Talton considers the economic fortunes of Tacoma and the South Sound and wraps up the latest news on the Boeing 787.
In the old days, when Microsoft Corp. unveiled new software you might have gone to the store, paid for it once, and brought it home in a box.
But with Microsoft’s new service unveiled Tuesday, Office 365, the box is gone. It’s been replaced by a digital subscription that allows you to get almost everything you need from the web. In a promotional video, Microsoft CEO Steve Ballmer said the service offers a “complete office in the cloud,” which he touted as a major leap forward.
Originally published on Mon January 28, 2013 5:45 pm
Researchers say the economic benefits of prisons often don't materialize for rural communities. That's according to a new paper by Northwest sociologists. In fact, they found communities with private prisons fare worse than they did before.
Washington State University sociologist Gregory Hook says rural areas that opt to build prisons, even courting them with tax breaks, have one main goal in mind: jobs.
“You know, you look across the way and you say 'Oh there's a prison. Fifty people have a job there. So that's 50 new jobs in my community.' … Only it's not.”
Today investors from around the world are convening to discuss investments in cannabis-related products. The ArcView Group, a San Francisco investment consulting company, is hosting the meeting. And this time, the focus won't be on the growth and sale of marijuana. Instead, it's about all the other related products: lights for growing, portable cases for joints, etc. Ross talks to Roy Kaufman from ArcView for details.
Originally published on Sat January 26, 2013 9:47 am
The high price of silver is bringing one of the Northwest's oldest silver mines back online. The Sunshine Mine in north Idaho is known for one of the worst mining disasters in the nation’s history. It will resume production in late 2014.
The new owner, Sunshine Silver Mines Corp., bought the mine after the previous owner went bankrupt. It happened just in time for silver prices to hit $30 an ounce, and mostly stayed there. The company expects to hire 250 miners once production begins.
WashPIRG, a division of the Public Interest Research Group, gave Seattle an overall score of 78/100, which put us at 12th place out of the 30 major cities that were surveyed. So what exactly are we doing wrong? Ross talks with WashPIRG spokesperson Micaela Preskill to get a more detailed performance review.
The second statewide public hearing this week on the future of the marijuana industry was held in Seattle. Like the earlier one in the week in Olympia, this one had overflow crowds. The Seattle hearing was filled with people who have grown marijuana for years and want to go legit.
Originally published on Wed January 23, 2013 4:09 pm
OLYMPIA, Wash. –The first public forum on how to implement Washington’s new marijuana law drew a capacity crowd Tuesday night in Olympia. The state’s Liquor Control Board is seeking input as it writes the rules for enacting Initiative 502 – Washington’s new pot legalization law.
They arrived early and in droves – the smell of marijuana clung in the air. First in line to get a seat for the forum was Leslie Tikka of Olympia. She mainly came to see a bit of history in the making.
Originally published on Wed January 23, 2013 11:49 am
OLYMPIA, Wash. - When you order that special filet at a restaurant or store, you're often going on trust that the fish actually is what the menu or label says it is. In Washington, two state agencies are asking for tougher penalties to deter seafood fraud.
Investigators for Consumer Reports recently found more than one-fifth of the fish they submitted for DNA identification was mislabeled at the point of sale.
Washington Fish and Wildlife police deputy chief Mike Cenci says the penalties for false labeling need to be stronger.
The Seattle Housing Authority is preparing to redevelop Yesler Terrace, a 30-acre site that houses 1,200 low-income residents near the city’s downtown. Vulcan Real Estate is one of two private companies competing to become the lead development partner. The Seattle Housing Authority Board is scheduled to choose the winning bidder today.
The Washington State Liquor Control Board is kicking off a series of six public hearings around the state. The board wants public input on how to create a legal, taxed distribution system for marijuana. Budding members of the new marijuana economy say they’ll be in attendance.
After weeks of rumors, it appears Seattle may have a new professional basketball team to replace the SuperSonics. Investor Chris Hansen said his group has entered an agreement to purchase a controlling interest in the Sacramento Kings. Seattle sports fans seemed pleased by the deal, but confessed they don’t know much yet about their new home team.