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Preview: The Seattle Times: Paul Andrews

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The Seattle Times business section covers Seattle, the Eastside including Bellevue, Snohomish County, the Puget Sound region and Pacific Northwest. Coverage includes Amazon; Boeing and aerospace; Microsoft and technology; Starbucks, Nordstrom and retail;



Last Build Date: Wed, 17 Jan 2018 10:35:20 -0800

 



Apple to build 2nd campus, hire 20,000 in $350B pledge

Wed, 17 Jan 2018 10:33:41 -0800

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SAN FRANCISCO (AP) — Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. economy. The pledge announced Wednesday is an offshoot from the sweeping overhaul of the U.S. tax code championed by President Donald Trump and approved […]



Goldman Sachs exec’s employee charged in $1M wine theft

Wed, 17 Jan 2018 10:28:30 -0800

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NEW YORK (AP) — A former domestic employee of Goldman Sachs President David Solomon has been arrested in Los Angeles on charges he stole over $1 million of rare wine from his boss. Charges against Nicolas DeMeyer are in a federal indictment unsealed Wednesday in Manhattan. The indictment says DeMeyer stole hundreds of bottles of […]



Apple says it will build a second corporate campus, hire 20,000 workers in $350 billion, 5-year commitment to US economy

Wed, 17 Jan 2018 10:22:13 -0800

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SAN FRANCISCO (AP) — Apple says it will build a second corporate campus, hire 20,000 workers in $350 billion, 5-year commitment to US economy.



Scrap of flag from Nelson’s HMS Victory sells for $408,000

Wed, 17 Jan 2018 09:53:31 -0800

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LONDON (AP) — Sotheby’s auction house says a fragment of the red, white and blue “Victory Jack” flag that flew from Adm. Horatio Nelson’s flagship during the Battle of Trafalgar has sold for 297,000 pounds (around $408,000). The fragment, which measures several feet (about a meter) on each side, had been expected to fetch between […]



Year-old Vegas hotel with closed casino facing foreclosure

Wed, 17 Jan 2018 09:37:51 -0800

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LAS VEGAS (AP) — Records say an Asian-themed Las Vegas casino-hotel that shuttered gambling and restaurant operations this month after being open for about a year is facing foreclosure. The Las Vegas Review-Journal reports that Clark County documents show the Lucky Dragon is scheduled for auction Feb. 6, but that repossession or sale at auction […]



Group pinpoints riches hidden in Europe’s mountains of waste

Wed, 17 Jan 2018 09:08:25 -0800

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BERLIN (AP) — Researchers have completed the first survey of valuable materials they say are waiting to be mined from Europe’s vast landfills and scrapyards. A group of 17 organizations on Wednesday launched an online database for ‘urban mining’ detailing precious raw materials slumbering in discarded batteries, electronics and cars across the continent. The project, […]



Humans will review video from most popular YouTube creators

Wed, 17 Jan 2018 09:01:06 -0800

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NEW YORK (AP) — Google says humans will now review video from its most popular YouTube creators after recent complaints. The videos being targeted are ones Google packages to advertisers as “preferred” content. While Google has had human reviewers before, it relies heavily on software to flag potential problems. YouTube was criticized for moving too […]



Threat of e-school closure adds to adversity for students

Wed, 17 Jan 2018 08:55:23 -0800

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COLUMBUS, Ohio (AP) — Many of the roughly 12,000 Ohio students in the Electronic Classroom of Tomorrow went to the huge online charter school because of adversity such as illnesses, disabilities or bullying that made the traditional school environment challenging. Students, parents and teachers say they’re in another tough spot now with the looming possibility […]



Longtime Miss America staffer named its executive director

Wed, 17 Jan 2018 08:42:38 -0800

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ATLANTIC CITY, N.J. (AP) — A longtime Miss America Organization staffer has been named its executive director of operations. Karen Nocella’s appointment was announced Wednesday. She will oversee day-to-day activities in the organization’s Atlantic City office. Nocella has worked for more than 30 years in public relations and marketing. She joined the organization in 2008 […]



Flint plant to build new engine for Silverado pickup truck

Wed, 17 Jan 2018 08:22:50 -0800

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FLINT, Mich. (AP) — General Motors says a new engine for the 2019 Chevrolet Silverado pickup truck will be built at its engine plant in Flint. The company announced Wednesday that Flint Engine Operations will be the manufacturing site for the Duramax 3.0-liter turbo-diesel engine. The announcement comes after GM said in 2015 it was […]



China, Europe jointly test technology for storm satellite

Wed, 17 Jan 2018 08:00:28 -0800

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BERLIN (AP) — China and Europe are jointly testing new technology that could help satellites peer through clouds and analyze storms. The European Space Agency says it has teamed up with China’s National Space Center to conduct ground tests on two complementary devices designed to deliver high-resolution images from an orbit of 36,000 kilometers (22,370 […]



Senate committee approves nomination of Powell for Fed chair

Wed, 17 Jan 2018 08:00:18 -0800

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WASHINGTON (AP) — The Senate Banking Committee has voted for a second time to approve President Donald Trump’s nomination of Jerome Powell to be the next chairman of the Federal Reserve. The approval Wednesday was by voice vote, with Sen. Elizabeth Warren, D-Massachusetts, voting no. The re-vote was needed because the full Senate did not […]



New eurozone chief urges speed in strengthening euro

Wed, 17 Jan 2018 07:57:03 -0800

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BERLIN (AP) — Europe needs to use a “unique window of opportunity” in the coming months to strengthen the continent’s common currency, the new leader of the 19-nation eurozone’s finance ministers said Wednesday. Portuguese Finance Minister Mario Centeno traveled to Germany, Europe’s biggest economy, on his first official trip since taking over as head of […]



Curry says she wasn’t surprised by Lauer allegations

Wed, 17 Jan 2018 07:41:01 -0800

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NEW YORK (AP) — Former “Today” show anchor Ann Curry says she’s not surprised by the allegations that got former colleague Matt Lauer fired and that there was an atmosphere of verbal sexual harassment at the NBC show when she worked there. Curry lost her job after less than two years as Lauer’s co-anchor in […]



Indiana health network pays about $55,000 ransom to hackers

Wed, 17 Jan 2018 07:33:40 -0800

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GREENFIELD, Ind. (AP) — A central Indiana health network says it has paid a roughly $55,000 ransom to hackers to regain access to hospital computer systems. Hancock Health in Greenfield says in a statement that the attack was initiated Thursday by an “unidentified criminal group.” Hancock says it was able to recover the use of […]



Technology companies lead US stocks higher in early trading

Wed, 17 Jan 2018 07:27:28 -0800

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U.S. stocks edged higher in early trading Wednesday, recouping some of the market’s losses from a day earlier. Technology and health care companies accounted for much of the gains. Financials stocks declined the most after some big banks reported hefty quarterly losses. KEEPING SCORE: The Standard & Poor’s 500 index rose 7 points, or 0.3 […]



US homebuilder sentiment slips; outlook remains positive

Wed, 17 Jan 2018 07:00:47 -0800

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U.S. homebuilders are feeling slightly less optimistic about their sales prospects, even as their overall outlook remains favorable ahead of the spring homebuying season. The National Association of Home Builders/Wells Fargo builder sentiment index released Wednesday slipped this month to 72. That’s down two points from December’s reading, which marked an 18-year high for optimism […]



Kresge Foundation plans $6M in grants for improving Detroit

Wed, 17 Jan 2018 06:47:39 -0800

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DETROIT (AP) — The Kresge Foundation plans to distribute $6 million in grants over the next three years to fund projects aimed at revitalizing Detroit neighborhoods and improving quality of life. The Troy-based Kresge Foundation announced Wednesday that the money builds on its “Kresge Innovative Projects: Detroit” effort. Officials say that planning grants of up […]



Markets Right Now: Tech, health care lead early stock gains

Wed, 17 Jan 2018 06:38:49 -0800

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The latest on developments in financial markets (All times local): 9:35 a.m. Stocks are opening higher on Wall Street as the market makes up some of the ground it lost a day earlier. Technology and health care companies were leading the gains early Wednesday. Microsoft and UnitedHealth each rose 1 percent in the first few […]



US industrial production rose 0.9 percent in December

Wed, 17 Jan 2018 06:16:28 -0800

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WASHINGTON (AP) — The Federal Reserve says U.S. industrial production rose 0.9 percent in December, pulled higher by a surge in utility output, another sign of health for the American economy. Utility production shot up 5.6 percent last month, the most since March 2017, as Americans turned up the heat during a year-end cold snap […]