State Washington Financial News

«It’s not a matter of if, it’s a matter of when,» small business owner Payton Jones told Jason Rantz about when the public will become victims. (Credit: @jasonrantz via X)

Japan sent out its first-ever megaquake warning following an earthquake of 7.1 magnitude on the Richter scale that occurred on the southern island of Kyushu. It wasn't the main concern, even though the shaking didn't produce much ramifications but the largest tsunami wave it produced would have reached one’s knee. Instead, seismologists were worried that the earthquake would cause tension that might set off a bomb that was ticking away offshore in Japan, near the Nankai trough, which is probably the most dangerous fault in the nation. The Japanese government estimates that the subduction zone has the capacity to produce tsunami waves up to 100 feet tall and kill almost a third of a million people. As quoted in a report by NBC News, Harold Tobin, Washington state’s seismologist, stated, «We don't have such a protocol» in the United States. However, the Cascadia subduction zone has equally dangerous faults. The Cascadia fault's 9.0 magnitude earthquake and the fatal tsunami, according to the Federal Emergency Management Agency, would kill 14,000 people in Oregon and Washington. Tobin has been considering this scenario for years: What justifies raising the alarm if he discovers evidence, even if it's slight, that a catastrophic earthquake is more likely to occur? Part of Tobin's dilemma stems from this peculiar period in his field: In the world's most seismically hazardous areas, researchers believe they are narrowing in on the causes or precursors of earthquakes, but the science is far from conclusive.

The family of a French explorer who died in a submersible implosion has filed a more than $50 million lawsuit, saying the crew experienced “terror and mental anguish” before the disaster and accusing the sub’s operator of gross negligence.Paul-Henri Nargeolet was among five people who died when the Titan submersible imploded during a voyage to the famed Titanic wreck site in the North Atlantic in June 2023. No one survived the trip aboard the experimental submersible owned by OceanGate, a company in Washington state that has since suspended operations.Known as “Mr.

Hyderabad: Telangana Chief Minister A Revanth Reddy and his team concluded their business tour of the United States on a high note, securing over Rs 31,500 crore investment plans that will bring over 30,750 jobs new jobs in the state. The delegation comprising IT and Industries Minister D Sridhar Babu and officials, during over 50 business meetings and three roundtable conferences in New York, Washington DC, Dallas and California, concluded19 investment deals/ MOUs, totalling an investment of Rs 31,500 crore and 30,750 new jobs for Telangana, an official release said on Sunday. The delegation pitched Hyderabad and Telangana as investment destination to business heads and investors across different sectors and closed new and expansion deals in IT, GCC, Life Sciences, Pharma, Data Centres, AI, among others, it said. The delegation got massive reiteration and support for various major initiatives including creation of a Future City, AI City, rejuvenation of Musi river, the release said.

Boeing‘s new CEO is on the job and visiting a key factory near Seattle

The U.S. Department of Energy is loaning $1.45 billion to support a South Korean company’s bid to build up key parts of the solar supply chain inside the United States

Legal experts say a lawsuit stemming from the Titan submersible disaster felt inevitable, but winning a big judgment against the owner of the vessel could be very difficult

The family of a French explorer who died in a submersible implosion has filed a more than $50 million lawsuit, saying the crew experienced “terror and mental anguish” before the disaster and accusing the sub’s operator of gross negligence

Briefing occurred Tuesday in Renton, Washington, detailing «defect» from supplier.

Advocates say air conditioning is no longer a luxury but a public health and affordability issue

U.S. road safety investigators say they will look into an April crash near Seattle after authorities determined that a Tesla was operating on the company’s “Full Self-Driving” system when it hit and killed a motorcyclist

Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company’s “Full Self Driving” system

Piper Sandler chief global strategist Nancy Lazar unpacks the state of hardworking Americans under record inflation on Making Money.

Shauna Sharpes doesn’t travel and grows much of her own food at her home in western Washington state. The payroll manager for a local Native American tribal authority has meager savings and expects she will have to keep working for at least the next decade. Part of her challenge: She turned 60 in January, putting her at the tail end of a baby boom generation that is hurtling toward retirement age in uncertainty.

Voters in Washington state will decide this fall whether to keep one of the country's more aggressive laws aimed at stemming carbon pollution

Crypto trading platform and investment app Robinhood has formally settled a $9 million class-action lawsuit stemming from its “Refer-A-Friend” program, new court documents reveal.

LPL has grown its presence in the Pacific Northwest with the addition of an advisor from Edward Jones.

California will be the first state to receive federal funds under a program to create regional networks, or “hubs,” that produce hydrogen as an energy source for vehicles, manufacturing and generating electricity

Netflix renews the popular food travel series "Somebody Feed Phil" for an eighth season. The show follows Phil Rosenthal as he explores various cuisines worldwide.

Briefing occurred Tuesday in Renton, Washington, detailing «defect» from supplier.

U.S. wildlife officials are embracing a contentious plan to deploy trained shooters into dense West Coast forests to kill almost a half-million barred owls in coming decades