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Dec. 4, 2022

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Business Briefs

Lawmakers repeal tax break for Boeing

March 13, 2020, 5:48pm Business

OLYMPIA -- The Washington Legislature has approved a revised bill to repeal a tax break for Boeing, a measure that was requested by the company to resolve a long-running international trade dispute. Read story

Portland startup Ride Report raises $10M

March 12, 2020, 5:29pm Business Briefs

Ride Report, a Portland startup that works with cities to help them manage e-scooters, rental bikes and similar "micromobility" transportation options, has raised $10 million in venture capital. Read story

Zumiez reports Q4 net income of $37.9 million

March 12, 2020, 5:29pm Business Briefs

LYNNWOOD -- Zumiez Inc. (ZUMZ) on Thursday reported fiscal fourth-quarter net income of $37.9 million. The Lynnwood-based company said it had profit of $1.48 per share. Read story

Trump signs measure to help small telecoms

March 12, 2020, 5:28pm Business Briefs

WASHINGTON -- President Donald Trump on Thursday signed into law a bill that provides $1 billion to help small telecom providers replace equipment made by China's Huawei and ZTE. Read story

Craft Brew Alliance reports loss of $6.9 million in fourth quarter

March 11, 2020, 4:20pm Business Briefs

PORTLAND -- Craft Brew Alliance Inc. (BREW) on Wednesday reported a loss of $6.9 million in its fourth quarter. Read story

PepsiCo buying energy drink maker Rockstar for $3.85 billion

March 11, 2020, 3:27pm Business Briefs

NEW YORK -- PepsiCo is buying energy drink maker Rockstar Energy Beverages for $3.85 billion. Read story

Measure repealing Boeing tax break passes state Senate

March 11, 2020, 3:24pm Business Briefs

OLYMPIA -- The state Senate has approved a revised bill to repeal a tax break for Boeing, a measure that was requested by the aerospace giant to resolve a long-running trade dispute. Read story

Consumer Counsel wants more info on Colstrip purchase

March 10, 2020, 7:04pm Business

BILLINGS, Mont. -- NorthWestern Energy's proposal to purchase a larger portion of a coal-fired power plant in southeastern Montana for $1 doesn't include analysis to show the acquisition is in the public interest and will result in reasonable electricity charges, a legal team representing customers of Montana's utilities said. Read story

Portland startup NurseGrid Mobile sells for $25 million

March 10, 2020, 7:03pm Business

NurseGrid Mobile, a Portland health care staffing startup, said Monday that it has sold the business to a company in Nashville, Tenn., for $25 million in cash. Read story

Groundbreaking planned for local hotel

March 10, 2020, 6:00am Business Briefs

My Place Hotels will hold a groundbreaking ceremony at 1 p.m. today where a hotel is planned near Vancouver Mall. The hotel, 8300 N.E. Vancouver Mall Loop, will be the fourth My Place hotel in Washington. Read story