The German pharmaceutical and chemical giant Bayer says it will buy U.S. seed seller Monsanto for $66 billion in an all-cash deal that will create the world's largest supplier of seeds and agricultural chemicals.

Seattle is one step away from adding worker scheduling rules to its workplace laws. A City Council committee unanimously approved secure scheduling legislation Tuesday, forwarding it to a full council vote next Monday.

AirAsia bought 100 Airbus A321neos at the Farnborough Airshow. Airbus has more than 1,200 orders for the new plane.
Airbus YouTube

Boeing has a problem with its airplane product lineup, and its name is the Airbus A321neo. The A321neo is bigger and longer-range than the Boeing 737 MAX 9. As a single-aisle jet, it’s a different plane from Boeing’s next size up, the wide-bodied 787.

Airlines around the world are rushing to order the A321neo, which has posted more than 1,200 orders so far. And that leaves Boeing with a question: Does it need a new plane?

Apple giveth, Apple taketh away.

Every year about this time, the tech giant unveils its latest iPhone. Company executives proclaim it the best iPhone yet. And fans can't wait to get their hands on the shiny new toys.

The boats are owned by Americans. They fly American flags and work in American waters. The fish they catch — like premium ahi tuna and swordfish — is sold at American grocery stores, on shelves at Whole Foods and Costco.

But the men who catch those fish can't set foot on American soil, The Associated Press reports — and they aren't protected by American labor laws.

Wells Fargo Bank has been ordered to pay $185 million in fines and penalties to settle what the Consumer Financial Protection Bureau calls "the widespread illegal practice of secretly opening unauthorized deposit and credit card accounts."

Thousands of Wells Fargo employees opened the accounts in secret so they would get bonuses for hitting their sales targets, according to investigators. More than 2 million deposit and credit card accounts may have been created without customer authorization.

Hanjin Scarlet is at the dock in Prince Rupert BC after several days anchored offshore.

A judge in New Jersey has issued an order that is moving Hanjin cargo around the continent. 

The federal judge temporarily allowed Hanjin Shipping to have its South Korean bankruptcy protections recognized in the U.S.

At 4.9 percent, the nation's unemployment rate is half of what it was at the height of the Great Recession. But that number hides a big problem: Millions of men in their prime working years have dropped out of the workforce — meaning they aren't working or even looking for a job.

It's a trend that's held true for decades and has economists puzzled.

A Hanjin shipping container ship dwarfs a Washington State Ferry.
Flickr Photo/Jeff Youngstrom (CC BY NC 2.0)/

Hanjin of South Korea filed for bankruptcy protection earlier this week. It's one of the biggest shippers in the world, with ships often seen on Puget Sound and containers piled near our ports.

Now retailers are worried about the holiday goods that are in those containers.

The National Retail Federation is pleading with shippers to keep the movement of goods going. But around the world, port terminals are turning their backs on Hanjin ships.

Seattle City Hall
Flickr Photo/Daniel X. O'Neil (CC-BY-NC-ND)/

Seattle leaders are pushing for a new level of worker's rights, on top of the city's $15 minimum wage law. The next proposal: predictable scheduling. The City Council will discuss the topic next week and vote on the legislation later in September.

The European Union's executive branch has found that Ireland granted unfair and illegal tax breaks to the tech giant Apple, and ruled that Apple now owes more than $14.5 billion in back taxes.

The commissioner in charge of competition policy, Margrethe Vestager, says that under EU rules, "Member states cannot give tax benefits to selected companies."

Bill Radke sits down with David Jones, a Subway franchisee and founder of the Blazing Onion restaurant chain, to discuss proposed secure scheduling legislation in Seattle. The law is aimed at giving workers more control over their schedules and threatens employers with penalties if they don't comply. But Jones feels it's misguided, will have unintended consequences and hurts businesses that are doing nothing wrong. 

The battle of the Joes isn't over yet.

On one hand, you have Trader Joe's — the U.S. grocery chain with a bit of a cult following for its quirky, exclusive products.

On the other hand, you have Pirate Joe's — the Canadian "gray market" grocery shop that sells Trader Joe's goods picked up in America and trucked across the border to Vancouver. There, at a significant markup, they're sold to Trader Joe's enthusiasts who don't fancy the thought of a border-crossing grocery run.

After two years of some of the worst fires and smoke the Northwest has ever seen, Washington’s Methow Valley is catching its breath. Dozens of businesses didn’t make it through and the fires still throw a long shadow.

KUOW Photo/Caroline Chamberlain

Gentrification is not a new story here in Seattle. But is there anything people in Seattle can do to mitigate its effects?

Some aspiring business owners are seeking out the help of Pedro Gomez, who works with Seattle's Office of Economic Development.