City Seattle Financial News
25.08 / 06:49
Provident
Nordstrom
blues
Department
Nordstrom's results reflect cautious consumer spending, echoing department store sector blues.
Nordstrom says its sales and profits fell in its fiscal second quarter, joining its department store peers coping with shoppers' cautious spending
25.08 / 02:01
Provident
CEO
Gap
Nordstrom
Mattel
performer
blues
Department
Nordstrom's results reflect cautious consumer spending, echoing department store sector blues
Nordstrom says its sales and profits fell in its fiscal second quarter, joining its department store peers coping with shoppers' cautious spending
24.08 / 00:53
22.08 / 16:53
COST
UPS
Platform
Pool
Goodbye Bathtub and Living Room. America’s Homes Are Shrinking.
For many Americans, homeownership may be attainable only if they give up a dining room. Home prices are near record highs, frustrating millions of potential buyers who feel priced out of the housing market. Home builders are having to find ways to make their product more affordable to increase their pool of customers.
20.08 / 21:47
20.08 / 19:39
FIVE
Remark
performer
star
exclusive
blues
Julio Rodriguez of Seattle Mariners sets new records in MLB. Details here
Julio Rodriguez, the standout baseball outfielder for the Seattle Mariners, achieved an extraordinary feat on Saturday night by securing his fourth consecutive four-hit game, a remarkable occurrence in the world of baseball. Over the course of his last four games, Rodriguez has accumulated an astounding 17 hits, etching his name into the annals of history. This accomplishment is particularly striking considering that Rodriguez is only in his second season in Major League Baseball (MLB).
19.08 / 18:53
Provident
Platform
track
country
social
Variant
Covid-19 variant 2023: US, UK, 2 other countries detect highly mutated Coronavirus variant. Details here
Dubbed BA.2.86 and informally referred to as Pirola among variant trackers on social platforms, this emerging variant exhibits over 30 changes in amino acids within its spike protein when contrasted with its closest predecessor, the BA.2 subvariant of Omicron. Dr. Jesse Bloom, a researcher specializing in viral evolution at Seattle's Fred Hutchinson Cancer Center, provided this insight, as per a CNN report.
19.08 / 15:43
UPS
Provident
Amazon
FedEx
Amazon relaunches shipping service that competes with FedEx and UPS
Amazon has restarted a shipping service it paused in the early days of the COVID-19 pandemic and that competes with carriers like FedEx and UPS
18.08 / 18:59
18.08 / 05:51
Citi
Lowe's
Twitter
cover
Minneapolis advances measure for minimum wage to Uber and Lyft drivers
Minneapolis City Council members have narrowly passed a measure that would establish a minimum wage for Uber and Lyft drivers
17.08 / 14:45
Booking
Airlines
Airlines are adding new routes and making a bold bet on continued strong demand for travel
Airlines are betting that the travel recovery remains red-hot
16.08 / 01:21
UPS
Provident
Digital
Amazon
Google
Platform
audience
Amazon ads equals a minus for Google, Meta digital marketing reign
Google and Meta have enjoyed a duopoly in the digital advertising space in India, with almost a 90% share in what is pegged to be a Rs 70,000-crore market at present. Over the last couple of years though, Amazon Ads seems to be rapidly eating into their share of the digital pie, senior media buying executives told ET. Advertisers, especially in categories such as consumer packaged goods as well as DTC (direct-to-consumer) brands, are moving as much as 15-20% of their advertising budget — previously dedicated to Google and Meta — towards the Seattle-based ecommerce giant’s ad tech suite.
15.08 / 03:43
UPS
Amazon
CEO
Racing
Mobile
generative AI
Amazon is rolling out a generative AI feature that summarizes product reviews
Amazon is rolling out a generative AI feature that summarizes product reviews for customers
12.08 / 10:19
Bittrex
Bittrex to pay $24 million to settle with US securities regulator
Bittrex has agreed to pay $24 million to settle claims by the U.S. Securities and Exchange Commission that the cryptocurrency exchange failed to register with the agency, according to a filing in Seattle federal court on Thursday. The SEC sued Bittrex Inc and its former CEO William Shihara in April, saying they operated an unregistered national securities exchange, broker and clearing agency. The SEC also claimed the exchange's foreign affiliate, Bittrex Global GmbH, failed to register as a national securities exchange in connection with its operation of a single shared order book along with Bittrex. Bittrex Inc filed for bankruptcy in May. The deal requires the company and Bittrex Global to pay the $5.6 million fine and hand over $18.4 million in allegedly illicit profit 60 days after a liquidation plan is filed in the bankruptcy case.
11.08 / 01:21
Amazon
CEO
show
star
exclusive
blues
Indian
‘Billionaire Bunker’: Jeff Bezos buys $68 million mansion on Florida’s exclusive Indian Creek Island
real estate empire. The Amazon.com Inc. founder, and the world’s third-richest person, agreed to pay $68 million for an estate in Indian Creek, a man-made barrier island in the larger Miami area, according to a person with knowledge of the matter.
08.08 / 02:29
UPS
Lowe's
Fox
CEO
show
Affordability
Time
Low
US housing affordability at an all-time low
Redfin CEO Glenn Kelman says its hard to fault the Fed for overdoing rate hikes when there are other persistent sources of inflation.
04.08 / 04:59
Kidnapped woman punches through cinder block ‘dungeon’ to freedom in Oregon
A woman who manage to punch her way out of a cinder block cell and escape her kidnapper at a home in southern Oregon likely helped other women avoid a similar fate, the FBI says.
02.08 / 17:19
Art
SUN
Scream, Paranormal Activity, Sister, Sister leaving Netflix in September 2023; check full list
Netflix uses licensing to use titles that don’t belong to the streaming service; these are available for a limited period, including some Netflix Originals for certain regions. In September 2023, some important series and movies like Scream Seasons 1-3, American Hustle, Paranormal Activity, Girlfriends, If Beale Street Could Talk, Bruce Almighty, and Sister, Sister, among others, will be exiting Netflix US.
01.08 / 23:03
COST
UPS
Starbucks
reports
Starbucks reports record quarterly revenue as China sales boom
Starbucks reported record revenue in its fiscal third quarter as sales in China roared back to life
31.07 / 10:05
Citi
Chase
show
performer
blues
cricket
MI New York wins Major League Cricket in US; Nita Ambani says wonderful to see growth of cricket
New York has won the inaugural edition of Major League Cricket, the US T20 league, beating Seattle Orcas by 7 wickets. Major League Cricket (MLC) is a professional Twenty20 cricket league in the United States. Six team representing major US cities participated in the tournament that started on July 13.
30.07 / 19:15
Microsoft
CEO
stage
country
cricket
Major League Cricket a big hit on debut
MLC) has made a resounding debut on the international cricketing stage, with most matches seeing record turnout even though the US is not a traditional cricket-playing country. The grand finale — to be played at 6 am Indian Standard Time on Monday — pits Seattle Orcas, co-owned by Microsoft CEO Satya Nadella, against Mukesh Ambani's MI New York at the Grand Prairie Stadium near Dallas.
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