City Seattle Financial News

17.09 / 11:20

markets BLOCK Fighting Kroger Food community Courts A state's experience with grocery chain mergers spurs a fight to stop Albertsons' deal with Kroger

Washington state is in court to try to block a proposed merger between Albertsons and Kroger

16.09 / 20:55

markets SUN shooting stars Courts A'ja Wilson becomes 1st WNBA player to reach 1,000 points in a season as Aces top Sun

A'ja Wilson became the first WNBA player to score 1,000 points in a season when she finished with 29 in the Las Vegas Aces' 84-71 win over the Connecticut Sun on Sunday. Wilson hit a pull-up from the elbow with 2 minutes left in the game to reach the mark. Earlier this week, the Aces' star broke the single-season scoring record that Jewell Loyd set last year. Las Vegas called timeout about 30 seconds later and her teammates mobbed Wilson. She then went out on the court and acknowledged a loud ovation from the crowd, clapping her hands.

16.09 / 14:38

markets Dash CEO Food country blues After US, China struggles, will Starbucks pay the price in India?

Subscribe to enjoy similar stories. New Delhi: At 8 am on 7 September, a large, 2,600-sq.ft coffee shop quietly opened its doors in Delhi’s affluent Punjabi Bagh West. At first glance, it seemed like just another café in a neighbourhood dotted with them.

15.09 / 17:37

COST UPS Airlines Boeing travelers Workers who assemble Boeing planes are on strike. Will that affect flights?

A strike by some 33,000 Boeing machinists is impacting production of the company's best-selling airplanes

15.09 / 04:06

markets Digital Boeing RAI Interviews International Boeing strike could drag on as workers push for higher wages, union leader says

Boeing «could go on for a while» as workers are confident they can get bigger wage increases and an improved pension, union leader Jon Holden said in an interview with National Public Radio (NPR) on Saturday. More than 30,000 members of the International Association of Machinists and Aerospace Workers (IAM), who produce Boeing's top-selling 737 MAX and other jets in the Seattle and Portland, began a strike on Friday after overwhelmingly voting down a new contract. Boeing and union negotiators are due to return to the bargaining table next week, in talks overseen by U.S. federal mediators, after more than 94% of workers voted to reject an initial contract offer that Holden had endorsed.

14.09 / 08:59

markets Citi Fox Metro PepsiCo ADP reports Where are the jobs? Recent study ranks top cities

HR and payroll company ADP ranked cities across the country. The rankings were based on three things that make a strong labor market: annual pay growth, new hire wages, and the hiring rate.

13.09 / 18:18

COST UPS Airlines Boeing rights International Boeing factory workers go on strike after rejecting contract offer

Aircraft assembly workers have walked off the job at Boeing factories near Seattle and elsewhere after union members voted overwhelmingly to reject a tentative contract that would have increased wages by 25% over four years

13.09 / 17:52

Aviat Airlines Boeing reports prevention Traffic Investigations Pilots of an Alaska Airlines jet braked to avoid a possible collision with a Southwest plane

Pilots of an Alaska Airlines jet aborted a takeoff in Nashville to avoid a possible collision with a Southwest Airlines plane

13.09 / 17:32

UPS security Boeing wellness Actor performer hospital Boeing just the latest company to go head to head with union

Aircraft assembly workers walked off the job at at Boeing factories near Seattle and elsewhere early Friday after union members voted overwhelmingly to go on strike

13.09 / 17:25

Citi Provident Target performer Courts Amazon boosts pay for subcontracted delivery drivers amid union pressure

Amazon is giving a pay boost to its subcontracted delivery drivers amid growing union pressure

12.09 / 22:44

UPS CEO Airlines Boeing track recommendations International Boeing factory workers vote whether to strike and shut down aircraft production

Boeing is waiting to find out whether 33,000 aircraft assembly workers are going on strike and shutting down production of the company’s best-selling planes

12.09 / 11:23

markets Provident CEO Boeing International wrestling Boeing strike threat looms as workers vote on contract

Boeing's U.S. West Coast factory workers will vote on a much-criticized new contract and a possible strike on Thursday, piling pressure on the planemaker as it wrestles with chronic production delays and mounting debt. A potential strike starting on Friday would be a big early blow to new CEO Kelly Ortberg, who was brought on last month to restore faith in the planemaker after a door panel blew off a near-new 737 MAX jet in mid-air in January. Starting from 5 a.m. PT (1200 GMT), roughly 30,000 workers who produce Boeing's 737 MAX, 767 and 777 jets in the Seattle and Portland areas will vote on their first full contract in 16 years.

12.09 / 06:10

markets CEO Airlines Boeing recommendations International Boeing factory workers are voting whether to strike and shut down aircraft production

Boeing is preparing to learn Thursday whether 33,000 aircraft assembly workers, most of them in the Seattle area, are going on strike and shutting down production of the company's best-selling planes. Members of the International Association of Machinists and Aerospace Workers plan to vote on whether to approve a contract offer that includes 25% pay raises over four years. If the factory workers reject the contract and two-thirds of them vote to strike, a work stoppage would begin Friday at 12:01 a.m. PDT. A walkout would not cause flight cancellations or directly affect airline passengers, but it would be another blow to Boeing's reputation and finances in a year marked by problems in its airplane, defense and space operations.

11.09 / 15:20

Manufacturing Airlines security Boeing President social International A Boeing strike is looking more likely. The union president expects workers to reject contract offer

There might be a strike at Boeing this week after all

11.09 / 14:16

UPS CEO Mobile love gatherings Traffic Starbucks' new CEO wants to recapture the coffeehouse vibe

Starbucks’ new chairman and CEO says he plans to focus on improving service and reestablishing the struggling coffee giant's stores as gathering places

10.09 / 06:32

Provident CEO security Apple Software Sustainability Enterprise Oracle and Amazon Web Services announce strategic partnership

AUSTIN, Texas and SEATTLE, Oracle and Amazon Web Services, Inc. (AWS)y announced the launch of Oracle Database@AWS, a new offering that allows customers to access Oracle Autonomous Database on dedicated infrastructure and Oracle Exadata Database Service within AWS.

09.09 / 16:16

FIVE CEO Southern information reports Traffic International Incoming Starbucks CEO’s tall order: Calming anxious employees

Incoming Starbucks chief executive Brian Niccol is set to partake in a ceremonial “first sip" of coffee Monday as he reports for his first day of work. For Starbucks employees, it is another change to digest. The coffee chain’s board of directors, investors and longtime leader Howard Schultz have embraced Niccol since his hiring last month, praising the former Chipotle Mexican Grill CEO as the best possible choice to turn around Starbuck’s operations and restore its brand after a turbulent few years.

08.09 / 20:22

markets UPS FIVE CEO Mobile reports Podcasts Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile orders

Fifty-three years after its founding, Starbucks is unhappy with what it’s become – and trying to figure out how to meet customers’ changing needs without losing its coffeehouse roots

07.09 / 03:25

Death President Universities War Investigations Israeli troops shoot Turkish-American woman dead at West Bank protest, officials say

Israeli troops shot and killed a Turkish-American woman who had been taking part in a protest against settlement expansion in the Israeli-occupied West Bank on Friday, Palestinian and Turkish officials said. The White House said it was deeply disturbed by the death of Aysenur Ezgi Eygi and called on Israel to investigate. Turkey's foreign ministry said she was shot in the head, and placed blame on Prime Minister Benjamin Netanyahu's government for her death. Palestinian officials described her as a 26-year-old activist from Seattle who held both U.S. and Turkish citizenship.

03.09 / 15:51

Blockchain Binance CEO coinbase Pool Sustainability Trade Richard Teng Wants ‘Binance 2.0’ to be Compliance Focused: KBW2024

Binance CEO Richard Teng discussed key commitments including prioritizing users, supporting global regulatory frameworks, and partnering with global entities.

02.09 / 19:43

UPS Citi Provident Target President hospital Labor Day hotel strikes reflect the frustrations of a workforce largely made up of women of color

More than 10,000 workers at 25 U.S. hotels are on strike after choosing Labor Day weekend to amplify their demands for higher pay, fairer workloads and the reversal of COVID-era cuts

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