http://seattletimes.nwsource.com/html/businesstechnology/index.html en-us Copyright 2012 The Seattle Times Company Thu, 09 Feb 2012 07:54:43 PST Thu, 09 Feb 2012 07:54:43 PST MattBase 1 http://seattletimes.nwsource.com/art/ui/stlogo_231.gif http://seattletimes.nwsource.com/ http://seattletimes.nwsource.com/html/businesstechnology/2017464945_apusnaturalgasstorage.html?syndication=rss The nation's natural gas supplies shrank last week, the government said Thursday. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017464945_apusnaturalgasstorage.html?syndication=rss Thu, 09 Feb 2012 07:51:11 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461294_apusmortgagesettlement.html?syndication=rss Federal officials say the five largest mortgage lenders have reached a $25 billion settlement with 49 states over foreclosure abuses that took place after the housing bubble burst. They will have three years to fulfill the terms of the landmark deal announced Thursday. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461294_apusmortgagesettlement.html?syndication=rss Thu, 09 Feb 2012 07:47:11 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461299_apeueuropeinterestrates.html?syndication=rss The European Central Bank kept its key interest rate at a record low of 1 percent on Thursday to help the 17-nation eurozone stave off recession, while its president dodged questions on whether it could help Greece lighten its debt load. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461299_apeueuropeinterestrates.html?syndication=rss Thu, 09 Feb 2012 07:40:11 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461296_apuswallstreet.html?syndication=rss U.S. stocks opened higher Thursday after Greek leaders agreed to cost-cutting measures that should prevent the country from defaulting on its debt next month. Stocks fell later in the morning. Stock market http://seattletimes.nwsource.com/html/businesstechnology/2017461296_apuswallstreet.html?syndication=rss Thu, 09 Feb 2012 07:38:14 PST http://seattletimes.nwsource.com/html/businesstechnology/2017464921_apusearnspepsicosummarybox.html?syndication=rss THE NEWS: Pepsico Inc. said Thursday it will cut 8,700 jobs, about 3 percent of its 800,000 global work force, in a restructuring. The company also reported fourth-quarter earnings rose 4 percent. Adjusted results beat expectations. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017464921_apusearnspepsicosummarybox.html?syndication=rss Thu, 09 Feb 2012 07:37:11 PST http://seattletimes.nwsource.com/html/businesstechnology/2017464871_apuswholesaleinventories.html?syndication=rss Wholesale businesses increased their stockpiles sharply in December although the gains are expected to slow in coming months, a development that could curb overall economic growth. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017464871_apuswholesaleinventories.html?syndication=rss Thu, 09 Feb 2012 07:28:10 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461277_apusearnspepsico.html?syndication=rss PepsiCo said it plans to cut 8,700 jobs, or about 3 percent of its workforce, as it tries to offset higher costs for ingredients and increased spending on advertising and marketing in North America. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461277_apusearnspepsico.html?syndication=rss Thu, 09 Feb 2012 07:27:17 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461275_apworldmarkets.html?syndication=rss Markets were shored up by the news that Greece's party leaders agreed a deal on new cuts that are necessary for the country to get crucial bailout funds. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461275_apworldmarkets.html?syndication=rss Thu, 09 Feb 2012 07:23:08 PST http://seattletimes.nwsource.com/html/businesstechnology/2017464897_apussalestaxholidaycolorado.html?syndication=rss Clothing and school supplies would be tax-free during an annual Colorado "sales tax holiday" that cleared its first hurdle in the state House Wednesday. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017464897_apussalestaxholidaycolorado.html?syndication=rss Thu, 09 Feb 2012 07:20:09 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461344_apuskodakcameras.html?syndication=rss Eastman Kodak Co. said Thursday that it will stop making digital cameras, pocket video cameras and digital picture frames, marking the end of an era for the company that brought photography to the masses more than a century ago. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461344_apuskodakcameras.html?syndication=rss Thu, 09 Feb 2012 07:15:09 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461441_apusfordmanagementchanges.html?syndication=rss Two top Ford executives who helped lead the company's comeback from financial disaster are retiring, but CEO Alan Mulally says he has no plans to leave. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461441_apusfordmanagementchanges.html?syndication=rss Thu, 09 Feb 2012 07:14:10 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461430_apussouthparkthreat.html?syndication=rss A Muslim convert from Brooklyn who ran a website that posted threats against the creators of the television show `South Park' has entered a guilty plea. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461430_apussouthparkthreat.html?syndication=rss Thu, 09 Feb 2012 07:13:10 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461577_apusoracletaleoacquisition.html?syndication=rss Oracle Corp. is escalating its rivalry with German business-software maker SAP AG and plans to pay $1.9 billion for Taleo Corp., a company that helps businesses hire and manage their employees. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461577_apusoracletaleoacquisition.html?syndication=rss Thu, 09 Feb 2012 06:37:09 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461328_apusunemploymentbenefits.html?syndication=rss The number of people seeking unemployment aid neared a four-year low last week, a positive sign that strong hiring could continue in the coming months. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461328_apusunemploymentbenefits.html?syndication=rss Thu, 09 Feb 2012 06:31:18 PST http://seattletimes.nwsource.com/html/technologybrierdudleysblog/2017461983_wtia_award_finalists_revealed.html?syndication=rss So what are the top tech companies in Washington this year? Brier Dudley's Blog http://seattletimes.nwsource.com/html/technologybrierdudleysblog/2017461983_wtia_award_finalists_revealed.html?syndication=rss Thu, 09 Feb 2012 06:27:58 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461325_apusnasalabhacked.html?syndication=rss A federal grand jury has indicted a Romanian citizen on charges he hacked into 25 climate-research computers at NASA's Jet Propulsion Laboratory in Pasadena. Nation & World http://seattletimes.nwsource.com/html/businesstechnology/2017461325_apusnasalabhacked.html?syndication=rss Thu, 09 Feb 2012 07:46:03 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461236_apafugandachinaaid.html?syndication=rss China last month sent a senior official to symbolically hand over the keys to a nine-story twin tower to house Uganda's president and prime minister, a gift from Beijing. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461236_apafugandachinaaid.html?syndication=rss Thu, 09 Feb 2012 07:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461287_apapfnusfidelityretirementsavingstrends.html?syndication=rss Workers stashed money away in their 401(k) retirement plans at a faster clip last year but didn't get an immediate reward for their savings strategy. Fidelity Investments, the nation's biggest 401(k) administrator, says the average account balance was essentially unchanged in 2011, compared with 2010. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461287_apapfnusfidelityretirementsavingstrends.html?syndication=rss Thu, 09 Feb 2012 06:31:11 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461279_apusjobsgapyoungandold.html?syndication=rss Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461279_apusjobsgapyoungandold.html?syndication=rss Thu, 09 Feb 2012 06:37:52 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461278_apeugermanyearnsdaimler.html?syndication=rss Strong sales of Mercedes luxury cars in China and the United States helped German automaker Daimler AG post a stronger than expected 57 percent increase in fourth quarter profits. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461278_apeugermanyearnsdaimler.html?syndication=rss Thu, 09 Feb 2012 06:31:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461276_apoilprices.html?syndication=rss Oil prices rose slightly above $99 a barrel on Thursday, supported by investors' faith in a bailout deal for Greece even as U.S. crude demand lagged behind the overall improvement in the world's biggest economy. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461276_apoilprices.html?syndication=rss Thu, 09 Feb 2012 06:31:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017450578_apworldmarkets.html?syndication=rss Markets remained optimistic Thursday that Greece will secure its next bailout despite an 11th hour snag that has delayed the signing off of another batch of austerity measures. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017450578_apworldmarkets.html?syndication=rss Thu, 09 Feb 2012 05:16:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017450577_apeugreecefinancialcrisis.html?syndication=rss Greece's crucial euro130 billion ($173 billion) bailout appeared to be in limbo Thursday, after coalition party leaders failed to accept the entire batch of new harsh austerity measures demanded by creditors. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017450577_apeugreecefinancialcrisis.html?syndication=rss Thu, 09 Feb 2012 05:16:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461165_apeunortherneuropeclub.html?syndication=rss Europeans need to question their habits if they want to secure the future of their generous pension systems, Sweden's prime minister said Thursday as he opened a summit for leaders from Britain and the Nordic and Baltic countries. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461165_apeunortherneuropeclub.html?syndication=rss Thu, 09 Feb 2012 05:01:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461050_apaschinaautosales.html?syndication=rss The year of the dragon rolled in with a whimper instead of a roar for China's auto industry. Car sales in the world's biggest auto market fell 24 percent in January from a year earlier, industry figures show. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461050_apaschinaautosales.html?syndication=rss Thu, 09 Feb 2012 05:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461151_apinwinterwheat.html?syndication=rss A Purdue University agronomist says Indiana's winter wheat crop is healthy and on track despite wet weather at planting time last fall. Those wet fields have slightly reduced the state's wheat acreage, though. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461151_apinwinterwheat.html?syndication=rss Thu, 09 Feb 2012 04:46:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461013_apmlabudhabiearnsetihad.html?syndication=rss Etihad Airways, the fast-growing Gulf carrier, on Thursday posted its first annual profit since starting operations just over eight years ago. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461013_apmlabudhabiearnsetihad.html?syndication=rss Thu, 09 Feb 2012 04:31:03 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461124_apeubritainearnsdiageo.html?syndication=rss A one-time tax hit sent profits at drinks company Diageo PLC's down 20 percent in the last six months of 2011, despite rising income following a strong performance in emerging markets. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461124_apeubritainearnsdiageo.html?syndication=rss Thu, 09 Feb 2012 04:01:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017450570_apeueuropeinterestrates.html?syndication=rss FRANKFURT, Germany - The European Central Bank and the Bank of England are preparing to offer more emergency support to the financial sector in the hope of softening the impact of a looming recession and the government debt crisis. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017450570_apeueuropeinterestrates.html?syndication=rss Thu, 09 Feb 2012 03:31:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461080_apeuswitzerlandearnscreditsuisse.html?syndication=rss Credit Suisse Group posted its first fourth-quarter net loss since 2008 as Switzerland's second-biggest bank continued its drive to reduce its exposure to potentially-risky investment banking at a time when Europe's economy is facing problems related to a raging debt crisis. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461080_apeuswitzerlandearnscreditsuisse.html?syndication=rss Thu, 09 Feb 2012 03:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461083_apasindonesiafreeportshooting.html?syndication=rss Unidentified gunmen have attacked a group of workers near Freeport-McMoRan's gold and copper mine in eastern Indonesia, wounding several of them. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461083_apasindonesiafreeportshooting.html?syndication=rss Thu, 09 Feb 2012 03:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461078_apeuspaincheatingways.html?syndication=rss Leather seats are disappearing from cars. Precious jewels are vanishing from drawers. TVs are spirited out of homes in the dead of night. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461078_apeuspaincheatingways.html?syndication=rss Thu, 09 Feb 2012 03:01:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454633_apoilprices.html?syndication=rss Oil prices rose slightly higher to above $99 a barrel Thursday in Asia as U.S. crude demand lags the overall improvement in the world's biggest economy. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454633_apoilprices.html?syndication=rss Thu, 09 Feb 2012 02:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461049_apeugermanyearnsdaimler.html?syndication=rss German automaker Daimler AG delivered forecast-busting fourth quarter earnings on Thursday as its flagship Mercedes business enjoyed buoyant sales in China and the United States. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461049_apeugermanyearnsdaimler.html?syndication=rss Thu, 09 Feb 2012 02:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017461003_apussciantarcticlakelifeelsewhere.html?syndication=rss If scientists find microbes in a frigid lake two miles beneath the thick ice of Antarctica, it will illustrate once again that somehow life finds a way to survive in the strangest and harshest places. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017461003_apussciantarcticlakelifeelsewhere.html?syndication=rss Thu, 09 Feb 2012 01:16:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460301_apaschinainflation.html?syndication=rss China's inflation rebounded in January as food prices soared, renewing pressure on Beijing to control living costs as it tries to boost slowing growth amid warnings of a looming global downturn. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460301_apaschinainflation.html?syndication=rss Thu, 09 Feb 2012 01:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455461_apltmexicosavingruins.html?syndication=rss The ruins aren't particularly impressive, just some stone and clay footings for houses that probably supported walls of wood or clay wattle. And it's that very ordinariness that has experts excited. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455461_apltmexicosavingruins.html?syndication=rss Thu, 09 Feb 2012 01:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460992_apaschinaearnslenovo.html?syndication=rss Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460992_apaschinaearnslenovo.html?syndication=rss Thu, 09 Feb 2012 00:46:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460607_bofamortgage09.html?syndication=rss Bank of America, struggling to handle mortgage refinancing after a U.S. program boosted demand, is telling some customers to wait 90 days before starting an application, said two people with knowledge of the policy. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460607_bofamortgage09.html?syndication=rss Thu, 09 Feb 2012 00:16:27 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460810_apusfidelityretirementsavingstrends.html?syndication=rss Workers stashed money away in their 401(k) retirement plans at a faster clip last year but didn't get an immediate reward for their savings strategy. Fidelity Investments, the nation's biggest 401(k) administrator, says the average account balance was essentially unchanged in 2011, compared with 2010. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460810_apusfidelityretirementsavingstrends.html?syndication=rss Wed, 08 Feb 2012 23:16:07 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460662_downtownkids09m.html?syndication=rss Downtown Seattle Association working with school district to open elementary school. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460662_downtownkids09m.html?syndication=rss Wed, 08 Feb 2012 22:16:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460227_meridian09.html?syndication=rss Berg, who ran Meridian Mortgage investment funds until August 2010, pleaded guilty to one count each of wire fraud, money laundering and bankruptcy fraud. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460227_meridian09.html?syndication=rss Wed, 08 Feb 2012 20:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460099_apustecfacebookfiling.html?syndication=rss Facebook's top executives, including CEO Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45 percent of their base salaries and other earnings, according to a Wednesday regulatory filing. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460099_apustecfacebookfiling.html?syndication=rss Wed, 08 Feb 2012 20:01:04 PST http://seattletimes.nwsource.com/html/technologybrierdudleysblog/2017460350_qa_microsoft_flight_boss_on.html?syndication=rss Microsoft is resurrecting one of its oldest franchises, "Flight Simulator," with an entirely new game called "Microsoft Flight" that's debuting on Feb. 29. Brier Dudley's Blog http://seattletimes.nwsource.com/html/technologybrierdudleysblog/2017460350_qa_microsoft_flight_boss_on.html?syndication=rss Wed, 08 Feb 2012 21:31:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460173_penney09.html?syndication=rss Penney signed a lease last May for two-thirds of the Kress Building, but since then the giant retailer has gained a new CEO with a more suburban-focused store strategy. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460173_penney09.html?syndication=rss Wed, 08 Feb 2012 21:31:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017460139_cheapfakes09.html?syndication=rss Not that long ago, counterfeiters focused almost exclusively on upscale brands like Prada and Gucci. But five years of a weak economy has knockoff artists churning out goods for people with more modest budgets. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017460139_cheapfakes09.html?syndication=rss Wed, 08 Feb 2012 21:01:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455527_apusernstyoungfined.html?syndication=rss The watchdog agency for the accounting industry said Wednesday that it has fined big firm Ernst & Young $2 million for alleged lapses in three audits of a pharmaceutical company. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455527_apusernstyoungfined.html?syndication=rss Wed, 08 Feb 2012 19:16:04 PST http://seattletimes.nwsource.com/html/microsoftpri0/2017460248_microsoft_apple_google.html?syndication=rss Amid what appears to be interminable rounds of patent feuding, Microsoft, Apple and Google each produced statements or letters on where they stand regarding patents. Microsoft Pri0 http://seattletimes.nwsource.com/html/microsoftpri0/2017460248_microsoft_apple_google.html?syndication=rss Wed, 08 Feb 2012 21:31:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459483_apusearnsnewscorp.html?syndication=rss Rupert Murdoch's News Corp. said Wednesday that net income grew by nearly two-thirds in the final quarter of 2011, despite expenses related to ongoing phone hacking investigations of its U.K. newspaper unit. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459483_apusearnsnewscorp.html?syndication=rss Wed, 08 Feb 2012 18:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459963_apltargentinarepsolypf.html?syndication=rss Repsol YPF on Wednesday raised the estimate for potentially recoverable oil and gas in its part of Argentina's "Vaca Muerta" (Dead Cow) basin to the equivalent of nearly 23 billion barrels, indicating a total shale deposit big enough to enable Argentina to challenge the United States in non-conventional petroleum production. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459963_apltargentinarepsolypf.html?syndication=rss Wed, 08 Feb 2012 18:16:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454604_apuscaesarsipo.html?syndication=rss An initial public offering of a tiny slice of Caesars Entertainment Corp. is allowing dozens of investors who bought into what once was the world's largest gambling company to get out with smaller losses than they might have seen. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454604_apuscaesarsipo.html?syndication=rss Wed, 08 Feb 2012 18:01:07 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459484_apusearnsgroupon.html?syndication=rss Groupon investors were expecting a better deal than the surprise loss the company delivered on Wednesday. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459484_apusearnsgroupon.html?syndication=rss Thu, 09 Feb 2012 06:31:34 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455302_apusscistressedwhales.html?syndication=rss An ocean experiment that was accidentally conducted amid the shipping silence after Sept. 11 has shown the first link between underwater noise and stress in whales, researchers reported Wednesday. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455302_apusscistressedwhales.html?syndication=rss Wed, 08 Feb 2012 18:01:07 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459718_ventures09.html?syndication=rss The University of Washington is opening lab and office space for startup businesses, part of an effort to commercialize academic research and turn more inventions into products. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459718_ventures09.html?syndication=rss Wed, 08 Feb 2012 20:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017458943_apusearnscisco.html?syndication=rss Cisco, the world's largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year's slump behind it. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017458943_apusearnscisco.html?syndication=rss Wed, 08 Feb 2012 18:01:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459665_apusdiamondfoodsaudit.html?syndication=rss Diamond Foods Inc. is replacing its CEO and chief financial officer after an internal investigation found that the company improperly accounted for payments to walnut growers and it needs to restate two years of financial results. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459665_apusdiamondfoodsaudit.html?syndication=rss Wed, 08 Feb 2012 17:46:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459485_apusearnsvisa.html?syndication=rss Visa Inc. said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459485_apusearnsvisa.html?syndication=rss Wed, 08 Feb 2012 17:46:04 PST http://seattletimes.nwsource.com/html/microsoftpri0/2017459845_former_cisco_exec_laura_ipsen_named_head_of_micros.html?syndication=rss Laura Ipsen, formerly a senior vice president at Cisco, is joining Microsoft as corporate vice president of its Worldwide Public Sector organization. Microsoft Pri0 http://seattletimes.nwsource.com/html/microsoftpri0/2017459845_former_cisco_exec_laura_ipsen_named_head_of_micros.html?syndication=rss Wed, 08 Feb 2012 18:01:07 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459824_apuseconomycountriesglance.html?syndication=rss A look at economic developments and activity in major stock markets around the world Wednesday: Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459824_apuseconomycountriesglance.html?syndication=rss Wed, 08 Feb 2012 17:31:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459732_apusbuildershousingoutlook.html?syndication=rss The U.S. housing market will begin to mount a turnaround this year, building toward a solid recovery in 2013, according to a forecast issued Wednesday by the chief economist of a homebuilding industry trade group. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459732_apusbuildershousingoutlook.html?syndication=rss Wed, 08 Feb 2012 17:31:05 PST http://seattletimes.nwsource.com/html/soundeconomywithjontalton/2017459823_boiling_point_at_the_port.html?syndication=rss I cover the waterfront, but today I was out at the Teamsters hall in Tukwila giving a speech to a group of retirees. Meanwhile, the Teamsters are supporting an effort by non-union drayage (short-haul) truckers to shut down the Port of Seattle. These drivers haul containers from the port to rail terminals. They make low wages, complain of poor working conditions and are responsible for such things as safety violations in their trucks. They're targeting discretionary cargo that must move on specific days to make rail schedules. Sound Economy with Jon Talton http://seattletimes.nwsource.com/html/soundeconomywithjontalton/2017459823_boiling_point_at_the_port.html?syndication=rss Wed, 08 Feb 2012 20:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017450586_apusearnstimewarner.html?syndication=rss Time Warner Inc. got a boost from its movie studio and cable TV networks in the last three months of the year, and the company expects growth to continue in 2012 even with the end of its lucrative Harry Potter franchise. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017450586_apusearnstimewarner.html?syndication=rss Wed, 08 Feb 2012 17:16:03 PST http://seattletimes.nwsource.com/html/businesstechnology/2017450566_apusearnscvscaremark.html?syndication=rss Drugstore chain Walgreen's loss of a big client is turning into rival CVS Caremark's gain so far this year. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017450566_apusearnscvscaremark.html?syndication=rss Wed, 08 Feb 2012 17:16:03 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459777_apasaustraliaearnstelstra.html?syndication=rss Australia's largest telecommunications company, Telstra Corp., has reported a 23 percent first-half profit increase to $1.47 billion ($1.58 billion) over the same period a year earlier. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459777_apasaustraliaearnstelstra.html?syndication=rss Wed, 08 Feb 2012 17:16:03 PST http://seattletimes.nwsource.com/html/localnews/2017455410_apusamazonnj.html?syndication=rss Amazon.com, the world's biggest online retailer, is in talks to bring two warehouses to New Jersey in a deal that could bring 1,500 or more full-time jobs to a state where unemployment has hovered around 9 percent. Business & Technology http://seattletimes.nwsource.com/html/localnews/2017455410_apusamazonnj.html?syndication=rss Thu, 09 Feb 2012 06:41:06 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459651_apusgoogleprivacylawsuit.html?syndication=rss A consumer watchdog group is suing the Federal Trade Commission in an attempt to prevent Google from making sweeping changes to its privacy policies next month. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459651_apusgoogleprivacylawsuit.html?syndication=rss Wed, 08 Feb 2012 17:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455020_apuscreditmarkets.html?syndication=rss The U.S. government easily managed to sell new 10-year debt on Wednesday. U.S. debt continues to be a safe haven for global investors who are nervous about ongoing talks in Europe for a second bailout of Greece. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455020_apuscreditmarkets.html?syndication=rss Wed, 08 Feb 2012 16:31:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017450583_apusearnssprint.html?syndication=rss Sprint dug deep into its pockets in the latest quarter to put iPhones in the hands of its customers. The perennially money-losing company on Wednesday posted its largest loss in three years. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017450583_apusearnssprint.html?syndication=rss Wed, 08 Feb 2012 16:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455535_apustecpathprivacyfiasco.html?syndication=rss Social-sharing app Path has come under fire for accessing and uploading users' phone address books without their permission. The information has now been deleted, and Path has apologized. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455535_apustecpathprivacyfiasco.html?syndication=rss Wed, 08 Feb 2012 16:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459548_apuswallstreetbox.html?syndication=rss Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459548_apuswallstreetbox.html?syndication=rss Wed, 08 Feb 2012 16:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017450621_apuswallstreet.html?syndication=rss Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017450621_apuswallstreet.html?syndication=rss Wed, 08 Feb 2012 19:25:48 PST http://seattletimes.nwsource.com/html/businesstechnology/2017459570_apuswallstreetsummarybox.html?syndication=rss GREECE LIGHTENING: Greece still hasn't finalized a deal to cut what it owes bondholders, get a bailout and avoid defaulting on its debt next month. But investors seemed glad that an agreement appeared near. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017459570_apuswallstreetsummarybox.html?syndication=rss Wed, 08 Feb 2012 16:01:05 PST http://seattletimes.nwsource.com/html/localnews/2017455435_apusboeingoutlook.html?syndication=rss The CEO of Boeing said the latest problem with its new 787 will not slow production. Business & Technology http://seattletimes.nwsource.com/html/localnews/2017455435_apusboeingoutlook.html?syndication=rss Wed, 08 Feb 2012 16:01:04 PST http://seattletimes.nwsource.com/html/localnews/2017459136_apazonlinesalestaxes1stldwritethru.html?syndication=rss Amazon.com says it would be illegal but Arizona legislators are moving ahead with a bill that would require the online retailer to collect sales tax on purchases by state residents. Business & Technology http://seattletimes.nwsource.com/html/localnews/2017459136_apazonlinesalestaxes1stldwritethru.html?syndication=rss Wed, 08 Feb 2012 15:46:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017456538_apuswashingtonpostbuyouts.html?syndication=rss The Washington Post is launching another round of voluntary buyouts - its fifth in the last decade - in its shrinking newsroom. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017456538_apuswashingtonpostbuyouts.html?syndication=rss Wed, 08 Feb 2012 15:31:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017456525_apuscommoditiesreviewsummarybox.html?syndication=rss COPPER CLIMBING: Copper prices hit their highest level since September on expectations that demand will pick up after China announced a plan to create millions of jobs. The price of copper has increased nearly 14 percent this year. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017456525_apuscommoditiesreviewsummarybox.html?syndication=rss Wed, 08 Feb 2012 15:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455475_apuscommoditiesreview.html?syndication=rss Copper prices hit their highest level in five months Wednesday on expectations that demand may pick up after China announced a plan to stimulate private sector growth. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455475_apuscommoditiesreview.html?syndication=rss Wed, 08 Feb 2012 15:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455451_apusoilgasma.html?syndication=rss Interest in U.S. energy companies spiked in 2011 as buyers clamored for more access to oil-rich layers of North American shale, a consulting and accounting firm said Wednesday. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455451_apusoilgasma.html?syndication=rss Wed, 08 Feb 2012 15:16:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455433_apustecdigitallifetechtestkaraokeontheipad.html?syndication=rss Karaoke lovers typically fall into two categories: Those who enjoy it, and those whose arms have to be twisted to get up and sing in public. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455433_apustecdigitallifetechtestkaraokeontheipad.html?syndication=rss Wed, 08 Feb 2012 15:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455503_apoilpricesglance.html?syndication=rss Oil prices ended slightly higher Wednesday following government reports that U.S. supplies didn't grow as much as expected last week. Here's how energy contracts traded: Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455503_apoilpricesglance.html?syndication=rss Wed, 08 Feb 2012 15:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455500_apeueuropeinterestratessummarybox.html?syndication=rss TWICE AS NICE: Europe's two main central banks are preparing to redouble their emergency measures aimed at softening the downturn and blunting the effects of the government debt crisis. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455500_apeueuropeinterestratessummarybox.html?syndication=rss Wed, 08 Feb 2012 15:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454566_apus3mceo.html?syndication=rss The maker of Post-Its and Scotch Tape has named a new chief executive. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454566_apus3mceo.html?syndication=rss Wed, 08 Feb 2012 15:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455239_apeuitalycruiseaground.html?syndication=rss A U.S. lawyer for compensation-seeking survivors of the Costa Concordia capsizing said Wednesday he will push for changes in maritime laws and technology to make the cruise ship industry safer. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455239_apeuitalycruiseaground.html?syndication=rss Wed, 08 Feb 2012 14:46:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454857_apusdollar.html?syndication=rss The euro rose to a fresh 2-month high against the dollar on speculation that Greek politicians will agree on a new cost-cutting plan. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454857_apusdollar.html?syndication=rss Wed, 08 Feb 2012 14:46:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455283_apustoyotajobs.html?syndication=rss Toyota says it will expand its factory in Princeton, Ind., and add 400 jobs so it can build more Highlander SUVs. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455283_apustoyotajobs.html?syndication=rss Wed, 08 Feb 2012 14:16:06 PST http://seattletimes.nwsource.com/html/technologybrierdudleysblog/2017455246_former_windows_boss_giving_awa.html?syndication=rss Jim Allchin used to give the world free service packs and browsers. Brier Dudley's Blog http://seattletimes.nwsource.com/html/technologybrierdudleysblog/2017455246_former_windows_boss_giving_awa.html?syndication=rss Thu, 09 Feb 2012 06:29:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454718_apusamgenbonedrugfda.html?syndication=rss A panel of cancer experts voted against a new use for Amgen's Xgeva in prostate cancer on Wednesday, saying the drug's ability to slow the spread of the disease did not translate into meaningful benefits for patients. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454718_apusamgenbonedrugfda.html?syndication=rss Wed, 08 Feb 2012 14:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455282_apscistressedwhales.html?syndication=rss Researchers say an ocean experiment that was accidentally conducted amid the shipping silence after Sept. 11 has shown the first link between underwater noise and stress in whales. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455282_apscistressedwhales.html?syndication=rss Wed, 08 Feb 2012 14:01:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017455001_apusonthemoneypayingforcollege.html?syndication=rss The mad dash to cobble together college funding will soon be under way. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017455001_apusonthemoneypayingforcollege.html?syndication=rss Wed, 08 Feb 2012 13:01:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454997_apusearnscvscaremarksummarybox.html?syndication=rss THE RESULTS: CVS Caremark Corp.'s fourth-quarter net income climbed nearly 4 percent. The company earned $1.06 billion, or 81 cents per share. Adjusted earnings were 89 cents per share, in line with the average analyst forecast. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454997_apusearnscvscaremarksummarybox.html?syndication=rss Wed, 08 Feb 2012 13:01:03 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454935_apusplavixsettlementsummarybox.html?syndication=rss FINALLY OVER: A decadelong patent infringement battle over blood thinner Plavix ends with generic drugmaker Apotex Corp. paying about $445 million to Bristol-Myers Squibb and Sanofi. They jointly sell the world's second-best-selling drug. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454935_apusplavixsettlementsummarybox.html?syndication=rss Wed, 08 Feb 2012 12:46:04 PST http://seattletimes.nwsource.com/html/microsoftpri0/2017454945_windows_8_consumer_preview_event_scheduled_for_feb.html?syndication=rss Microsoft has sent out invitations for a Windows 8 Consumer Preview event to be held on February 29th in Barcelona, Spain. Microsoft Pri0 http://seattletimes.nwsource.com/html/microsoftpri0/2017454945_windows_8_consumer_preview_event_scheduled_for_feb.html?syndication=rss Thu, 09 Feb 2012 06:28:40 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454545_apusplavixsettlement.html?syndication=rss Just three months before the world's second-best-selling drug gets U.S. generic competition, a generic company has paid nearly $445 million to finally end a decadelong, twist-filled patent infringement battle with two heavyweight drugmakers over blood thinner Plavix. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454545_apusplavixsettlement.html?syndication=rss Wed, 08 Feb 2012 12:46:04 PST http://seattletimes.nwsource.com/html/travel/2017454871_webqantas08.html?syndication=rss Australia's Qantas Airways said Wednesday it was temporarily grounding one of its A380 superjumbos after discovering dozens of hairline... Travel http://seattletimes.nwsource.com/html/travel/2017454871_webqantas08.html?syndication=rss Wed, 08 Feb 2012 13:31:04 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454861_apasjapanearnsnissansummarybox.html?syndication=rss RISING ABOVE: Nissan's quarterly profit rose 3.2 percent on healthier sales that offset production damage from flooding in Thailand and a battering from the strong yen. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454861_apasjapanearnsnissansummarybox.html?syndication=rss Wed, 08 Feb 2012 12:16:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454862_apuscmegrouprating.html?syndication=rss Standard & Poor's Ratings Services lowered its long-term issuer credit rating on futures exchange company CME Group Inc., saying it was concerned the company might expand its obligations to guarantee customer accounts from losses. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454862_apuscmegrouprating.html?syndication=rss Wed, 08 Feb 2012 12:16:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454844_apussteelmillpermitdelaware.html?syndication=rss Delaware environmental officials have issued a permit to a New Castle County steel mill for installation of pollution control equipment to collect dust and reduce other air emissions. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454844_apussteelmillpermitdelaware.html?syndication=rss Wed, 08 Feb 2012 12:16:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454837_apeufranceairlinestrikesummarybox.html?syndication=rss GROUNDED: Air France canceled up to 40 percent of its long-distance flights Wednesday because of a strike by pilots and other personnel over their right to hold unannounced walkouts. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454837_apeufranceairlinestrikesummarybox.html?syndication=rss Wed, 08 Feb 2012 13:01:03 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454804_apeueuropeairbusa380summarybox.html?syndication=rss WING AND A PRAYER? Europe's air safety authority ordered checks on the entire global fleet of 68 Airbus A380 superjumbo jets for cracks on parts inside the wings - extending a previous order to inspect nearly a third of the planes. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454804_apeueuropeairbusa380summarybox.html?syndication=rss Wed, 08 Feb 2012 12:01:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017450480_apeufinlandnokialayoffs.html?syndication=rss Nokia Corp. plans to stop assembling cell phones in Europe by year-end as it shifts production to Asia and will cut another 4,000 jobs, its latest attempts to cushion itself from stiff competition in the smartphone sector. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017450480_apeufinlandnokialayoffs.html?syndication=rss Thu, 09 Feb 2012 06:32:27 PST http://seattletimes.nwsource.com/html/localnews/2017454662_apwalongviewgrainterminal.html?syndication=rss Longshore union workers handled the first grain ship to dock at the $200 million EGT terminal in Longview. Business & Technology http://seattletimes.nwsource.com/html/localnews/2017454662_apwalongviewgrainterminal.html?syndication=rss Wed, 08 Feb 2012 12:36:56 PST http://seattletimes.nwsource.com/html/localnews/2017454655_apwaarlingtonmillclosing.html?syndication=rss The Northwest Hardwoods lumber mill in Arlington is closing Thursday, putting about 40 people out of work. Business & Technology http://seattletimes.nwsource.com/html/localnews/2017454655_apwaarlingtonmillclosing.html?syndication=rss Thu, 09 Feb 2012 06:31:55 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454639_apusmethanexlouisiana.html?syndication=rss An engineering firm with an office in Baton Rouge says it has received a contract from Methanex Corp., a major producer of methanol, to provide services if Methanex decides to move one of its idle plants from Chile to Louisiana. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454639_apusmethanexlouisiana.html?syndication=rss Wed, 08 Feb 2012 10:31:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454637_apusoshawalmartnewyork.html?syndication=rss The U.S. Labor Department has recommended fining Wal-Mart Stores Inc. $365,500 after inspectors say they found 24 workplace safety violations at an upstate New York store. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454637_apusoshawalmartnewyork.html?syndication=rss Wed, 08 Feb 2012 10:31:05 PST http://seattletimes.nwsource.com/html/businesstechnology/2017454605_apuscrudeinventories.html?syndication=rss The nation's crude oil supplies rose last week, the government said Wednesday. Business & Technology http://seattletimes.nwsource.com/html/businesstechnology/2017454605_apuscrudeinventories.html?syndication=rss Wed, 08 Feb 2012 10:16:03 PST