Archive of: Tacoma

Title Issue
KeyBank names new regional lead

KeyBank names new regional lead

KeyBank announced today that Steven S. Maxwell has been named president of its South Puget Sound District. He succeeds Thomas Spilman, who recently became president of KeyBank in Colorado.

Maxwell, who for the past four years has served as senior vice president and relationship team manager of Commercial Banking in Key's Oregon and Southwest Washington District, will assume his new responsibilities Oct. 1.

September 2009

Investment managers hit 'Pause'

A quarterly survey of U.S. investment managers conducted by Russell Investments, reveals that professional investment managers have dialed down their bullishness from last quarter, particularly in the areas of emerging markets and corporate bonds.

Half of the surveyed managers, 54 percent, also believe the U.S. equity markets to be fairly valued reflecting the significant market move since early March. The remaining managers are split nearly evenly between considering the markets to be undervalued or overvalued.

September 2009

Bank of Tacoma called out by FDIC

The Federal Deposit Insurance Corporation has issued a summary of recent orders and administrative enforcement actions it took against banks and individuals.

The Bank of Tacoma action involved a cease and desist order for "unsafe or unsound banking practices alleged to have been committed by the bank." It comes after a consent action was entered into last June, although the bank did not admit or deny the allegations.

September 2009

Luzon reduced to rubble in hours

The downtown Tacoma landmark Luzon Building that had been the center of debate between public safety and historical preservation was reduced to a pile of brick in a matter of hours this weekend.

A last attempt to save the building from wrecks failed to produce a redevelopment  deal.

September 2009

BE leader tops 'Dancing Tacoma Stars'

Emily West, general manager of the Business Examiner, took the honor of best female star at a fundraiser this weekend.

"Dancing with the Tacoma Stars," a ballroom dance contest held at the Landmark Convention Center Saturday, raised money for the Tacoma Musical Playhouse.

September 2009

Around the Sound

South Sound Wedding Show- Tacoma is set for tomorrow and Sunday at Greater Tacoma Convention and Trade Center. Local wedding professionals will be available to discuss all aspects of weddings and receptions. Other activities for brides and guests include ballroom dance demonstrations, seminars and prize giveaways. Click here for more information.

If your mind is more "up-in-the-air" than at the altar, consider Vintage Aircraft Weekend at the Boeing Future of Flight center. Approximately 60 aircraft from an aviation era of inspiration and honor will be at Paine Field in Everett, with many of them flying. Saturday hours will be from 9 a.m. to 5 p.m., with Sunday operations from 9 a.m. through 3 p.m.

September 2009

Tacoma Chamber says No to 3 ballot issues

By votes taken at this morning's meeting of the Tacoma Pierce County Chamber board of directors, the largest local business group recommends only one of four measures on the November ballot.

T/PC Chamber opposes Statewide Initiative 1033, the latest Tim Eyman-proposal that seeks to further limit expenditures by government agencies.

September 2009

Data confirms: economy slumping

New statistics released today by the U.S. Bureau of Economic Analysis show that the slowdown in U.S. economic growth is widespread: 60 percent of metropolitan areas saw economic growth slow down or shrink last year.

Real Gross Domestic Product growth rate slowed in 220 of the nation's 366 metropolitan statistical areas in 2008, with the Tacoma-Seattle-Bellevue market recording 2.0 percent growth. The national GDP growth rate was just 0.8 percent in 2008.

September 2009

No summer spike for hotel room sales

July occupancy and average room rates continued to decline throughout the Pacific Northwest region, resulting in significant declines for the first seven months of 2009, according to Wolfgang Rood Hospitality Consulting.

July numbers specifically for Tacoma and Pierce County were not available in this report.

September 2009
Governor, tribe celebrate Goodwill

Governor, tribe celebrate Goodwill

Tacoma Goodwill held an open house and public dedication of its new Milgard Work Opportunity Center this morning.

Gov. Chris Gregoire was on hand, acknowledging government funding approved by the legislature and local agencies -- about 20 percent of the $21.7 million project costs. Private fund-raising fulfilled half of the total financing.

September 2009
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