Archive of: Thurston County

Title Issue

Teens face uphill battle in summer job search

The recession, which has already caused payrolls to shrink by more than 5 million jobs, will make it extremely difficult for teenagers to find employment this summer, according to an outlook released Tuesday by global outplacement consultancy Challenger, Gray & Christmas, Inc.

April 2009

Sterling announces $20 million loss

Sterling Financial Corp., parent company of Sterling Bank, announced a net quarterly loss of $20.4 million, reflecting a provision for credit losses of $65.9 million but not including the payment of $4.3 million in preferred dividends to the U.S. Department of the Treasury under its Capital Purchase Program.

After the payment of preferred dividends, earnings available to common shareholders were negative $24.8 million, or $0.48 per common share.

April 2009

Blog Watch: family leave

The AWB has a piece about the state's Family Leave Act, the 2007 law that is set to begin this October but has yet to be funded.  

TacomaGeekery has an item about a report in the Wall Street Journal that suggests Washington is fourth from the top in small business tax friendliness.

April 2009

Tumwater Chamber announces executive's departure

Tumwater Chamber of Commerce President David Bills announced to the members and participants of the regular Lunch Forum today that Sandra Kozlowski is no longer the executive director of the Tumwater Chamber. Kozlowski had announced the news late last week. She had been at the post for about a year.

"I can say it was by mutual agreement," Bills said at the meeting, where he noted that there are still details that need to be worked out about Kozlowski's departure from the chamber.

Kozlowski said her sudden departure from the chamber was a surprise to her, but there has been no misdoings or misgiving, but rather some decisions being made that she disagreed with in general.

April 2009

Federal dollars flow into area

Small businesses looking to tap into the American Recovery and Reinvestment Act dollars have several industries to target for their contracting efforts.

April 2009

Robbers hit Olympia eatery

At approximately 7 p.m. Friday, Olympia police officers responded to the report of an armed robbery that had just occurred at Lee's Buffet, located at 2628 Capital Mall Drive SW.

April 2009

South Sound Bank posts solid quarter

South Sound Bank, a Olympia-based community bank, posted strong profits for the first quarter of 2009, $20,000 more than first quarter 2008. This financial outcome resulted in the board of directors declaring a 5 percent stock dividend for all stockholders. The 2009 first quarter end net profit was $546,400.

April 2009

People on the move

Washington Business Bank President and CEO, Jon M. Jones, has announced the results of the 2009 meeting of the shareholders. Re-elected to the board were: Bill Carlson, Ernest Grubb, Eugene Johnson, Jon M. Jones, Don Paradise, Dick Rokes, Laura Skillings, Kirk Veis and Mike Zittel, who was elected chairman. Skillings is vice-chair and Veis is secretary.

The American Red Cross Mount Rainier Chapter announced the appointment of Michael Patton as its new chief executive officer. He will oversee operations in the five counties within the local Red Cross chapter's jurisdiction which include the communities of Pierce, Thurston, Mason, Lewis and Grays Harbor counties. Prior to accepting his new position, Patton served as the development director for the American Red Cross King and Kitsap Counties Chapter in Washington State. A 13 year veteran, he began his Red Cross career as a fundraiser with the American Red Cross Santa Clara Valley Chapter in San Jose, Cali. "Michael Patton was chosen from over 100 applicants following a nationwide search for the position," said Michael Devers, chairman of the board of directors for the chapter. "He brings a wealth of fundraising and non-profit management experience to our local Red Cross. We are excited about his passion for the organization and his leadership skills."

April 2009

KeyBank reaches lending goal ahead of schedule

KeyBank has announced that it has provided more than $2 billion in capital to qualified women-owned businesses through its Key4Women program, surpassing its 2007 pledge to lend these funds to women-owned businesses by 2012.  The bank has also announced it will lend another $3 billion by the year 2012.

April 2009

Around the Sound

Join Washington Women's Employment & Education April 20 from 4 to 8 p.m. at Joeseppis Italian Restaurant for a "Takeover."WWEE will receive 25 percent of all food sales (excluding taxes and alcohol) purchased during the event. This includes dine in or takeout food. No Reservations needed for this Monday, April 20 fundraiser . Visit www.joeseppis.com.

The Tacoma City Council is scheduled to consider a resolution at noon April 21 that would award a $16.9 million contract to Quigg Bros, Inc., for rehabilitation of the Hylebos Bridge in the Tacoma Tideflats. Also at that meeting will be the first reading of an ordinance that would remove the requirement for off-street parking in new developments within the area of downtown Tacoma designated as the International Financial Services Area. City Council members are also scheduled to hold a public hearing at  5:30 p.m. that day to consider the submittal of an application to the United States Department of Housing and Urban Development for a $3.5 million Community Development Block Grant Section 108 loan to assist with the development of Phase I of the Harold E. LeMay Museum.
The meetings will be held at the Tacoma Municipal Building North, 733 Market St., Room 16. Audio from the session will be broadcast live on TV Tacoma and on www.tvtacoma.com. On-demand audio archives are available on the Web within 24 hours of the meeting at www.tvtacoma.com.

April 2009
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