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Preview: The Seattle Times: Paul Andrews

The Seattle Times Business – The Seattle Times



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: Sat, 21 Apr 2018 17:22:08 -0700

 



Facebook rumors incite hatred, leading to deadly end in Sri Lanka

Sat, 21 Apr 2018 17:22:08 -0700

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A reconstruction of Sri Lanka’s descent into violence found that Facebook’s newsfeed played a central role in nearly every step from rumor to killing.



Lobbyist tied to condo met with EPA chief, despite denials

Sat, 21 Apr 2018 15:48:35 -0700

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WASHINGTON (AP) — Environmental Protection Agency chief Scott Pruitt met in his office last year with a veteran Washington lobbyist tied to the bargain-priced condo where Pruitt was living. Both Pruitt and lobbyist Steven Hart had previously denied Hart had conducted any recent business with EPA. A spokesman for Hart confirmed Saturday that the lobbyist […]



Mexico, EU reach deal to update trade agreement

Sat, 21 Apr 2018 15:12:08 -0700

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MEXICO CITY (AP) — Mexico and the European Union reached a deal to update their nearly 20-year-old free trade agreement on Saturday, including the elimination of tariffs on a number of Mexican agricultural products. President Enrique Pena Nieto, who arrived in Hannover, Germany, in the afternoon to begin a five-day tour of three European nations, […]



Stars Group doubles down with purchase of Sky Betting

Sat, 21 Apr 2018 10:47:31 -0700

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Canadian online-gambling company Stars Group Inc. says it is buying U.K.-based Sky Betting & Gaming in a deal worth $4.7 billion. Stars Group, which owns PokerStars, said Saturday the purchase will create the biggest publicly listed online-gambling company and make it a bigger player in the fast-growing business of online sports betting. Sky Betting is […]



Lighting company to send jobs over the border

Sat, 21 Apr 2018 09:20:17 -0700

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FALL RIVER, Mass. (AP) — A prominent lighting company is transferring production from a Massachusetts manufacturing facility to Mexico. Company Philips Lighting announced Friday it is laying off 160 employees and sending 100 production jobs to Monterrey, Mexico. The Herald News reports production at the Fall River facility will end by the third quarter of […]



Western Arizona eyed as water source for major metro areas

Sat, 21 Apr 2018 08:46:56 -0700

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FLAGSTAFF, Ariz. (AP) — A week into her appointment last fall as a Mohave County supervisor in western Arizona, Lois Wakimoto heard the words that would consume her since: We have a water problem. The entity that sends Colorado River water throughout Arizona wants to buy farmland in her district that includes Mohave Valley, pay […]



Mob Museum in Vegas lets visitors play police officer

Sat, 21 Apr 2018 08:46:28 -0700

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LAS VEGAS (AP) — A home invader wearing a ski mask is holding a woman hostage in her bedroom. A police officer immediately starts giving verbal commands, ordering the man to let the woman go, but the intruder refuses and lunges toward the officer with a weapon in hand. The officer then raises her gun […]



Even as markets shake, investors seek the riskiest stock funds

Sat, 21 Apr 2018 08:00:00 -0700

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Investors put more money into emerging-market stock funds than they took out for seven straight weeks, as of April 11, according to EPFR Global. For U.S. stock funds, meanwhile, investors made net withdrawals in three of four weeks.



Together always: Homes with multigenerational family members are a growing trend

Sat, 21 Apr 2018 08:00:00 -0700

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There’s an uptick in the number of people living in multigenerational homes. Structural modifications to a home to make it work for multigenerations are the easiest to negotiate. But there are also financial and emotional aspects of uniting disparate families.



Mortgage rates climb to highs not seen in four years

Sat, 21 Apr 2018 08:00:00 -0700

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The 30-year fixed-rate average climbed to 4.47 percent last week, the biggest weekly increase of the year, which took it to the highest level since January 2014.



FundTracker: Weekly spotlight on mutual funds

Sat, 21 Apr 2018 08:00:00 -0700

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Weekly spotlight on mutual funds



Money & Markets weekly review

Sat, 21 Apr 2018 08:00:00 -0700

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A weekly roundup of stock market data



Cellphones fuel jump in bank- account ownership

Sat, 21 Apr 2018 08:00:00 -0700

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An estimated 69 percent of adults worldwide had some sort of bank account in 2017, a World Bank study found, up from an estimated 51 percent in 2011 and 62 percent in 2014.



The Motley Fool: Companies with cash a safe bet?

Sat, 21 Apr 2018 08:00:00 -0700

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Look before you buy LEAPS Q: What are LEAPS? A: Long Term Equity Anticipation Securities (LEAPS) are long-term options. Standard options let you purchase the right to buy (via “call” options) or sell (via “put” options) a fixed number of shares of a stock at a fixed price within a fixed time period, typically a […]



AI researchers are making more than $1 million, even at a nonprofit

Sat, 21 Apr 2018 08:00:00 -0700

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Research lab Open AI paid its top researcher more than $1.9 million in 2016. Salaries for top AI researchers have skyrocketed because there are not many people who understand the technology and thousands of companies want to work with it.



Should emergency fund be used to pay off card debt?

Sat, 21 Apr 2018 08:00:00 -0700

There’s no right answer here precisely because circumstances are unique for every family, but also for each future.



Chinese manufacturer chooses Georgia for its first US plant

Sat, 21 Apr 2018 07:40:26 -0700

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SOCIAL CIRCLE, Ga. (AP) — A Chinese manufacturer has chosen Georgia as the location for its first U.S. plant. Gov. Nathan Deal announced Top Polymer Enterprise plans to build a $15 million manufacturing plant in Social Circle. The company will employ roughly 70 workers. Georgia officials said in a news release the plant’s first phase […]



Federal air quality restrictions lifted on Sheridan

Sat, 21 Apr 2018 07:40:19 -0700

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SHERIDAN, Wyo. (AP) — A federal restriction imposed on Sheridan in northern Wyoming in the late 1980s has been lifted as the result of decades-long efforts to improve air quality in the city. The Environmental Protection Agency officially recognized Sheridan as an area in attainment with federal air quality standards earlier this month. The action […]



Speaking of Business: Racial-bias training is ‘one step in a journey’

Sat, 21 Apr 2018 06:00:00 -0700

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It’s a collection of crisis quotes this week, with the Starbucks incident in Philadelphia, the Southwest Airlines engine explosion and the closure of a longtime manufacturer near Boeing Field.



Bill Gates sees promise of emerging vaccine technologies as drug resistance rises

Sat, 21 Apr 2018 06:00:00 -0700

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The Microsoft co-founder, whose Seattle-based foundation focuses on illnesses such as HIV, malaria and tuberculosis, is funding a global fight against an array of infections as their ability to evade current treatments mounts.