Archive of: Daily Biz Briefs

Title Issue

PSE gets okay to boost rates to help low-income customers

The Washington Utilities and Transportation Commission yesterday approved Puget Sound Energy's request for an adjustment in electric and natural gas rates to boost by $4.7 million the utility's bill-payment assistance fund for low-income customers.

September 2012

Around the Sound 09/14/2012

Olympia Master Builders is hosting BIG Home and Garden Show from 9 a.m. to 6 p.m. Sept. 15 and 10 a.m. to 5 p.m. Sept. 16 at Saint Martin’s University's Marcus Pavilion in Lacey. Admission is $5 for adults, and children younger than 12 get in free. For more information visit www.omb.org. City of Tacoma is hosting Tacoma Means Business Monday Mixer from 5 to 6:30 p.m. Sept. 17 at the Hotel Murano. Tacoma’s mayor, city officials and industry professionals will be available to talk about tips for successfully contracting with the government. Visit www.tacomameansbusiness.com for more information.

September 2012

Report: Medicare cuts could leave 16,000 Washingtonians jobless

A new report found up to 16,000 health care jobs could be lost in Washington state by 2021 as a result of the 2 percent sequester of Medicare spending mandated by the Budget Control Act of 2011. Nationally, more than 766,000 jobs would be lost according to the report released this week by the American Hospital Association, the American Medical Association and the American Nurses Association.

September 2012

Men sentenced for mortgage fraud

Two men who engaged in a mortgage fraud scheme that collapsed with the real estate downturn, were sentenced yesterday to federal prison terms in U.S. District Court in Seattle.

September 2012

Hourly earnings fall

Real average hourly earnings for all employees fell 0.7 percent from July to August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decline resulted from unchanged average hourly earnings combined with a 0.6 percent increase in the Consumer Price Index for All Urban Consumers.

September 2012

CPI increases in August

The Consumer Price Index for All Urban Consumers increased 0.6 percent in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.7 percent before seasonal adjustment.

September 2012

Boeing, NASA reach another milestone

Boeing and National Aeronautics and Space Administration have established the firm baseline configuration for the company's Commercial Crew Transportation System, achieving the first performance milestone in NASA’s Commercial Crew integrated Capability initiative.

September 2012

Tacoma receives funding to combat foreclosures

As part of a competitive proposal process, the State Attorney General’s Office has awarded Tacoma $3.86 million to address areas throughout the community affected by vacant foreclosed houses. Tacoma was one of 13 organizations selected to split $43.8 million as part of a $25 billion nationwide settlement with five of the largest mortgage loan companies.

September 2012

Heritage acquires Northwest Commercial Bank

Heritage Financial Corp, parent company to Heritage Bank, today announced an agreement to acquire Northwest Commercial Bank of Lakewood for $3 million cash or $5.50 per share. Shareholders of NCB could receive up to an additional $3.34 per share, depending on an earn-out structure of the deal. Locally-owned Northwest Commercial Bank has one branch and its headquarters in Lakewood, with an additional location in Auburn.

September 2012

Getting social on social media

Attendees of the Key4Women Forum were asked today to "get social with social media." Debra Jasper and Betsy Hubbard, co-founders of Mindset Digital, gave the audience social media advice ranging from why they should be on social media to examples of good and bad Facebook posts.

September 2012
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