Archive of: Thurston County

Title Issue

Sterling Bank agrees to new rules

Sterling Financial Corp. today announced that its subsidiary, Sterling Savings Bank, has entered into an agreement with regulators to continue taking actions to strengthen its financial condition and operations.

The action is known as a Stipulation and Consent to the Issuance of an Order to Cease and Desist, and was entered into with the Federal Deposit Insurance Corp. and Washington Department of Financial Institutions.

October 2009
St. Peter Hospital workers strike

St. Peter Hospital workers strike

About 300 Licensed Practical Nurses, surgical technicians and other health care workers gathered outside of Providence St. Peter Hospital in Olympia today to protest proposed changes to their health care benefits and unfair labor practices.

The strike was organized by the health care workers union, SEIU Healthcare 1199NW. The union's communication director Linnae Riesen said it has been available all week for negotiations, but hasn't heard a word from the hospital administration's team.

"This is all about our benefit plan being taken away while (hospital administrators) sit on nice cushy seats," said Gary Snell, a Providence employee who works in the transport department.

October 2009

Small biz optimism growing ... slowly

The National Federation of Independent Business organization says the small business sector has taken a real beating in the past year or more. Owners have cut jobs and reduced inventories at a record pace, and capital spending (plans and actual) reached 35-year lows this year.

A just-released NFIB Index of Small Business Optimism gained 2.1 points in August however, rising to 88.6, which is 7.6 points higher than the survey's second lowest reading reached in March. The gain was primarily a result of improved expectations for future business conditions and real sales volumes.

October 2009

Region's consumers cautious

Household residents around the Puget Sound area remain skittish about the local economy and their own personal financial situation, according to a recent poll by Bellevue-based GMA Research.

This survey of more than 600 households revealed nearly half (45 percent) rate the region's economy as "just OK," with the same number rating it "poor" or "terrible. Only one in 10 (10 percent) said it was "good" or "excellent."

October 2009

Unemployment climbs again

Washington's seasonally adjusted unemployment rate increased to an estimated 9.3 percent in September, up from a revised rate of 9 percent in August, according to the state Employment Security Department.

Pierce County's jobless rate was 9.0 percent last month; Thurston, 7.2 percent; Mason, 9.5 percent; Lewis, 12.1 percent all not seasonally adjusted.

October 2009

PSE looks to the future

Puget Sound Energy submitted two preliminary solicitations for proposals to state regulators yesterday to enhance its energy-efficiency programs and increase its power supplies.

The two draft Request For Proposals, both filed with the Washington Utilities and Transportation Commission, are part of the PSE's  efforts to meet the energy needs of a Western Washington service area predicted to add 1 million more residents during the next 20 years.

October 2009

Plaudits for being generous

The 9th Annual Leadership in Philanthropy Award recipients have been announced by South Sound Partners for Philanthropy. They will be honored at a Nov. 3 luncheon at Saint Martin's University and keynoted by Fr. Stephen Sundborg, S. J., president of Seattle University.

Berschauer Phillips Construction Co. is the 2009 Large Business of the Year and McKinney's Appliance Inc. earns recognition as Small Business of the Year.

October 2009

New 'Top Doc' named for Providence

Providence Physician Network has hired a Wisconsin health-system president as its first chief executive.

Dr. Rik Emaus most recently served as the president of the Affinity Health System based in northeast Wisconsin.

October 2009

Around the Sound

At the Auburn Puget Sound Energy Rock the Bulb event this weekend, ENERGY STAR's exhibit house will have its only showing in all of the Pacific Northwest this year. The house features the Environmental Protection Agency's model for an energy efficient home in full model-size and will be open to the public during PSE's weekend event at the Auburn Lowe's Saturday and Sunday, from 10 a.m. to 4 p.m. The store is located at 1232 A Street NE.

October 2009

Workers still plan to strike at St. Peter Hospital

After an unsuccessful bargaining meeting earlier this week, health care workers at Providence St. Peter Hospital are continuing with their plans for a one-day strike, set for Thursday, Oct. 15.

The workers delivered a strike notice to hospital management last Friday. The workers claim that the profitable hospital continues to propose takeaways to medical and retirement benefits, and below standard wage increases. The members of SEIU Healthcare 1199NW also filed an Unfair Labor Practice with the National Labor Relations Board for surveillance of legal union activity.

October 2009
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