What's News
Seattle Business Journal
07/31/2010
Army Corps to unveil Howard Hanson fix
Local, state and federal officials were scheduled Thursday to hear the Army Corps of Engineers’ plans to make emergency repairs to the damaged Howard Hanson Dam, which has keep residents and business in low-lying areas from Tukwila to Auburn on edge for more than 18 months.
07/31/2010
Touchstone’s Bellevue plans disclosed
Seattle-based Touchstone Corp. won’t break ground for two more years on a big mixed-use office/hotel project in downtown Bellevue, but developer Doug Howe already has lined up a financial partner and a prospective anchor tenant.
07/31/2010
Hutchinson Cancer Research Center names Corey new director
Dr. Lawrence Corey has been named new director and president of the Fred Hutchinson Cancer Research Center in Seattle.
07/31/2010
Timberland Bancorp soars by Q3 expectations
Analysts expected a loss for the third quarter but Timberland Bancorp. Inc. instead reported net income of $543,000, or earnings of 8 cents per share, which blew by expectations. (TSBK)
07/31/2010
New Wash. ferry has ‘vibration issue’
The Washington State Department of Transportation discovered a “vibration issue” on the new 64-vehicle Chetzemoka ferry it’s testing.
07/31/2010
Microsoft opening two more retail stores
Microsoft Corp. is opening new retail stores at Mall of America in Minnesota and in suburban Chicago. (MSFT)
07/30/2010
Weyerhaeuser swings back to Q2 profit
Weyerhaeuser Co. reported net income of $14 million, or earnings of 7 cents per share for the second quarter, which compares with a net loss of $106 million, or a loss of 50 cents per share a year earlier. (WY)
07/30/2010
Renton men get jail time in tax fraud scheme
Two Renton men were sentenced to prison for their roles in a scheme the government said included tax fraud, wire fraud and money laundering.
07/30/2010
Intermec reports Q2 loss
Intermec Inc. reported a second-quarter loss of $2.7 million, or a loss of 4 cents per diluted share, which compares with a loss of $6.5 million, or a loss of 11 cents a share a year earlier. (IN)
07/30/2010
Cardiac Science loses $18.5M in Q2
Replacing 24,000 automated external defibrillators (AEDs) used by emergency responders and certain medical facilities cost Cardiac Science Corp. $11 million in the second quarter, and the medical device company reported a total loss of $18.5 million, or a loss of 78 cents per share, for the quarter. (CSCX)