Archive of: Thurston County

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People on the move

Charlotte Braden, a registered nurse at St. Clare Hospital in Lakewood, has been named the 2009 Pierce County Nurse of the Year by the Pierce County Nurses Association. She is a charge nurse in the hospital's 10-bed Intensive Care Unit, where she cares for critically ill and injured patients. This is the ninth time in the past 11 years that the Pierce County Nurse of the Year has been a member of the St. Clare staff. The award-winner is chosen by the association, which is affiliated with the Washington State Nurses Association. Nurses are nominated by their co-workers and peers. The award ceremony will be held May 8 at the Landmark Convention Center in Tacoma. The ceremony also will celebrate the 100th anniversary of the Pierce County Nurses Association.

April 2009

Heritage posts loss, maintains strong liquidity

Heritage Financial Corp. CEO Brian L. Vance reported a net loss during the first three months of the year, compared to net income of $2.6 million for the same quarter last year.

"As we continue to manage through a very volatile economic climate, we are seeing many of our business customers experience difficulties, and we are reminded once again that the banking industry's performance typically mirrors our customer's performance in good times and difficult times," Vance said. "Not unlike many other businesses, we also have posted a small loss for the quarter. Our loss this quarter was primarily the result of necessary loan loss provisioning reflecting the current risk in our loan portfolio. Our coverage ratio, which is loan loss reserves as a percentage of non-performing loans, continues to be one of the strongest on the West Coast."

April 2009
Trade leaders forecast slow recovery

Trade leaders forecast slow recovery

Audience members expecting to hear good news on the state and future of the economy didn't get much of it at the Port of Tacoma's panel discussion "Meeting the Challenges of Global Economic Change" this morning at Hotel Murano.

"We are suffering like everybody else," Port of Tacoma Director Tim Farrell said. 

April 2009

COFFEE BREAK: lawmaker score card

The Business Examiner would like to know how you think the legislature did as it dealt with its historic budget shortfall and a growing economic slowdown.

April 2009

Blog Watch: a shout out to unions

The AWB blog gave unions some credit as it marked yesterday as Worker Memorial Day with families and friends from 81 Washingtonians killed on the job in 2008. They gathered for the annual ceremony at the state Department of Labor and Industries office in Tumwater. The pro-business group pointed out that it was labor unions that established the first Workers Memorial Day in 1989 as a way to boost awareness of job safety.

April 2009

Feed mill cited for water violations

A Chehalis mill that produces animal feed is being fined $14,000 by the state Department of Ecology for ongoing industrial stormwater violations that threaten the health of Dillenbaugh Creek.

April 2009

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
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