Jan 2, 201312:00 AMBlog

January 2013

02/05/13

2013 kicks off with strong home sales

It appears people were in a buying mood after the New Year, since pending home and condo sales throughout the South Sound increased dramatically from the same period in 2012.

Posted at 02:53 PM | Permalink | Comments

02/05/13

Leadership change at Lacey Chamber

A leadership change is occuring at the Lacey Chamber of Commerce. Tony Salas, executive director, has announced he will be leaving at the end of March and the board is looking to hire a new executive director.

Posted at 02:16 PM | Permalink | Comments

02/05/13

Do you have a disaster plan in place?

If a Superstrom Sandy-type disaster struck the Northwest, do you have a plan in place to tackle the personal and business challenges it will create?

Posted at 02:01 PM | Permalink | Comments

02/05/13

Wash. AG joins suit against S&P

Washington state Attorney General Bob Ferguson has joined a group of state attorneys general and the U.S. Dept. of Justice in filing suit against Standard & Poor’s. The group alleges the credit rating agency misled investors with regard to structured finance securities backed by subprime mortgages that were at the center of the national financial crisis.


Posted at 01:46 PM | Permalink | Comments

02/05/13

Puget Sound starts veterans scholarship

University of Puget Sound has established a new veterans scholarship fund in honor of Professor Emeritus William E. Dasher, a military veteran who recently retired from teaching after more than 30 years of service with the university.

Posted at 01:07 PM | Permalink | Comments

02/05/13

Stampfli takes over YWCA of Olympia

The YWCA of Olympia has hired Tammy Stampfli as its Executive Director.

Posted at 10:00 AM | Permalink | Comments

02/05/13

DuPont's shoreline program approved

The Washington Department of Ecology has approved DuPont's updated shoreline master program.

Posted at 09:52 AM | Permalink | Comments

02/05/13

L&I requests proposals to sponsor COHEs

The Department of Labor & Industries is requesting proposals from health care organizations interested in sponsoring Centers of Occupational Health and Education. These COHEs work with medical providers, employers and injured workers to improve health care for work-related injuries and illnesses.

Posted at 09:40 AM | Permalink | Comments

02/05/13

CBRE Group acquires 2 developments

CBRE Group has successfully completed the acquisition of and renovation financing for the Ashwood Downs Apartments in Olympia and the Atherton Woods Apartments in Vancouver, Wash.

Posted at 09:34 AM | Permalink | Comments

02/04/13

SC Fuels sold to Pettit Oil Co.

Pettit Oil Company is acquiring the heating oil and commercial fuel and lubricants distribution assets held within PNEC Corporation which does business as SC Fuels, headquartered in Tacoma. This acquisition also includes PNEC distribution facilities in Bremerton and Everett.

Posted at 10:27 AM | Permalink | Comments

01/31/13

Heritage reports higher earnings

Heritage Financial Corp., parent holding company to Heritage Bank and other entities, reported net income of $3.0 million for the quarter ended December 31, 2012 compared to $2.2 million for the same quarter prior year.

Posted at 02:41 PM | Permalink | Comments

01/31/13

Ostrom’s celebrates 85 years with gifts

Ostrom’s Mushroom Farms in Lacey thanks the public for helping it become one of the most successful family farms in the Pacific Northwest.

Posted at 02:04 PM | Permalink | Comments

01/31/13

Libraries gain $$ from Allen Foundation

A $200,000 grant from Paul G. Allen Family Foundation moves Washington State Library a step closer to offering a smartphone application for public library patrons.

Posted at 01:53 PM | Permalink | Comments

01/31/13

Tacoma firm faces $35,336 EPA fine

During the final months of 2012, the U.S. Environmental Protection Agency, Region 10 took nearly 40 enforcement actions in Washington, Alaska, Idaho and Oregon to protect communities and the environment. More than $630,000 in penalties were assessed. Among South Sound offenders, Tacoma’s Gardner-Fields Inc. topped the penalty listing with a $35,336 fine for selling misbranded wood preservatives. Lesser assessments against five other businesses in the region all came from violating underground storage tank rules. “Enforcing environmental laws is one of EPA’s fundamental responsibilities and helps keep our water safe, our land clean, and our air clear,” said Ed Kowalski, director of EPA Region 10 Compliance and Enforcement. “Vigorous and fair...

Posted at 01:31 PM | Permalink | Comments

01/31/13

City of Tacoma off Facebook for now

City of Tacoma is off of Facebook temporarily. Seeks to comply with new FB policy.

Posted at 01:19 PM | Permalink | Comments

01/31/13

New executive team leading Absher

Absher Construction Co., one of the Pacific Northwest’s largest and oldest construction organizations, has announced a change in its senior leadership effective with the start of 2013.

Posted at 01:10 PM | Permalink | Comments

01/31/13

Engineering hall a 'green' success

Saint Martin’s University engineering students started spring semester on a high note, attending class in the school/s innovative new “green” engineering building, Father Richard Cebula, O.S.B. Hall. The new three-story building in the heart of the University’s campus will be dedicated on Earth Day in late April.

Posted at 12:22 PM | Permalink | Comments

01/31/13

Android app helps find sales tax rate

A new mobile app lets businesses quickly look up sales and use tax rates for any Washington location. The free Android app developed by the Washington State Department of Revenue is now available at the Google Play Store.

Posted at 12:13 PM | Permalink | Comments

01/30/13

Free unclaimed property workshops offered

Businesses holding unclaimed property can learn about their obligation to report it to the state through free workshops being offered around the state by the Washington State Department of Revenue.

Posted at 02:59 PM | Permalink | Comments

01/30/13

LeMay museum wins award

LeMay America's Car Museum is a 2013 national Wood Design Awards winner.

Posted at 02:41 PM | Permalink | Comments

01/30/13

Murray Morgan Bridge opens Feb. 1

The Murray Morgan Bridge opens to vehicle and pedestrian traffic Feb. 1 at noon.

Posted at 02:30 PM | Permalink | Comments

01/30/13

SBA reaches $1 billion in disaster loans

Less than 90 days after Hurricane Sandy struck, the U.S. Small Business Administration has approved more than $1.1 billion in disaster loans to 16,800 residents and businesses in the federally declared states affected by the storm.

Posted at 02:22 PM | Permalink | Comments

01/30/13

Papers win for same-sex marriage coverage

The McClatchy Company today recognized The Olympian and The News Tribune.

Posted at 01:50 PM | Permalink | Comments

01/30/13

OTA event targets online data protection

Protecting online data, whether for businesses, organizations, or government entities, was the focus of the regional "2013 Privacy & Data Protection" forum at the Seattle Art Museum this morning.

Posted at 11:23 AM | Permalink | Comments

01/30/13

WA companies cont. to create jobs

Job vacancies in Washington grew by about 35 percent from last spring to the fall of 2012, and a quarter of the vacancies were new jobs, according to a new report from the Washington State Employment Security Department.

Posted at 10:19 AM | Permalink | Comments

01/30/13

Private sector employment increases

It may not be easy to find a job, but according to a new study the possibility of getting employed in the private sector is improving. Private sector employment increased by 192,000 jobs from December to January, according to the January ADP National Employment Report.

Posted at 10:08 AM | Permalink | Comments

01/29/13

Mayor commends entrepreneurs at Shift Happens

Tacoma Mayor Marilyn Strickland addressed the crowd at GoLocal's third annual Shift Happens event last night, delivering a State of the City address that opened by commending the many small businesses in attendance.

Posted at 03:17 PM | Permalink | Comments

01/29/13

Workers comp decisions tomorrow

Sen. Janéa Holmquist will announce the outcome of several current workers' compensation proposals in Olympia.

Posted at 02:55 PM | Permalink | Comments

01/29/13

New strategy for tackling WA health disparities

The Governor's Interagency Council on Health Disparities today outlined its strategy for providing Washington state residents with equal access to quality healthcare.

Posted at 02:44 PM | Permalink | Comments

01/29/13

Trident fined $37,500 by Ecology

Today the Department of Ecology fined Trident Seafoods Corp. $37,500 following the 2011 fuel spill to Tacoma’s Hylebos Waterway.

Posted at 02:35 PM | Permalink | Comments

01/29/13

Narrows Theater to close

There are only two more days to catch a movie at the Galaxy Narrows Theater in University Place. The venue will close after its last showing this Thursday, January 31. It's also the second closure at the Mildred Street Narrows Plaza this month, after The Keg restaurant shuttered its doors on January 19. The departure kicks central Tacoma's movie theater count down to just two: downtown's four-screen, non-profit Grand Cinema, and the Proctor District's independent, single-screen Blue Mouse Theater. For contemporary flicks, the closest national chains are Lakewood's AMC in the Town Center and the Regal Lakewood, off south 84th Street. AMC opened at the Narrows Plaza in 1983, with Galaxy taking over in 2009. Galaxy also has theaters in Gig Harbor and...

Posted at 02:17 PM | Permalink | Comments

01/28/13

Campbell, Boe to head Development Committee

Deputy Mayor Marty Campbell and council member David Boe — who have 40 combined years of experience as business owners — have been appointed to serve as chairman and vice-chairman, respectively, of the city's Economic Development Committee.

Posted at 03:16 PM | Permalink | Comments

01/28/13

Shift Happens right now

Today marks the third annual Tacoma Shift Happens event hosted by GoLocal at the Greater Tacoma Convention & Trade Center, but it feels just like the first time for Patricia Lecy-Davis.

Posted at 03:04 PM | Permalink | Comments

01/28/13

NABE survey shows optimism

Data from a recent survey are showing that economists are starting to come around about growth in the year ahead.

Posted at 01:06 PM | Permalink | Comments

01/28/13

SBA unveils new Obamacare info site

The U.S. Small Business Association unveiled a new web page and blog today dedicated to educating small business owners about the Affordable Care Act, colloquially known as Obamacare.

Posted at 12:37 PM | Permalink | Comments

01/28/13

Xfinity Store to open in Frederickson

Comcast will host a grand opening of its new Xfinity Store in Frederickson on Saturday, Feb. 2.

Posted at 12:05 PM | Permalink | Comments

01/25/13

Sumner golf course goes up for sale

The Sumner City Council unanimously approved this week an agreement with Colliers International to market the Sumner Meadows Golf Course for sale. The land that will be offered for sale is approximately 132 usableacres. The land is currently zoned for industrial use. The City will be able to interview potential buyers and is anticipating a buyer selection in mid-April. Any acceptance of any offer will be done by the City Council.

Posted at 02:54 PM | Permalink | Comments

01/25/13

Port reports strong 2012 numbers

Throughout 2012 Port of Tacoma saw growth in different business segments and also brought in significant new clients, like the Grand Alliance. Year-end numbers released today reflect these improvements. Double-digit growth in both imports and exports propelled a 16 percent gain in the Port of Tacoma's 2012 container volumes. Breakbulk cargo volumes ended 68 percent higher for the year.

Posted at 02:40 PM | Permalink | Comments

01/25/13

People continued to buy homes in 2012

December followed a year long trend of people getting back into the housing market and purchasing homes. An estimated 367,000 new homes were sold in 2012. This is 19.9 percent above the 2011 figure of 306,000.

Posted at 11:12 AM | Permalink | Comments

01/25/13

Two ships sink on the Hylebos Waterway

The Tacoma Fire Department, U.S. Coast Guard and Washington Department of Ecology responded early this morning to the sinking of two vessels moored at Mason Marina on the Hylebos Waterway near Tacoma.

Posted at 10:32 AM | Permalink | Comments

01/25/13

Weyerhaeuser Q4, yearly numbers tick up

Overall it's been a positive year for Weyerhaeuser Company and fourth quarter numbers only follow this trend.

Posted at 10:26 AM | Permalink | Comments

01/24/13

Tacoma Chamber supports TPS Prop 1

The Tacoma-Pierce County Chamber’s Board of Directors voted to support the Tacoma Public Schools Prop 1 for Neighborhood School Improvements and Safety Upgrades.

Posted at 03:16 PM | Permalink | Comments

01/24/13

Fish Tale Pub goes national on TV

The Fish Tale Brew Pub, an Olympia area gem, will be featured on the Food Network's "Diners, Drive-Ins and Dives" next month.

Posted at 01:10 PM | Permalink | Comments

01/24/13

Out-of-state insurers fined for errors

The State Insurance Commissioner has fined a California insurer and its sister company $250,000 for multiple violations of Washington’s insurance laws.

Posted at 01:01 PM | Permalink | Comments

01/24/13

Columbia Bank Q4 financials mixed

Tacoma-based Columbia Bank reported a mixed fourth quarter financial report today with its operating net interest margin compressed and earnings per share slightly below the final three months of 2011.

Posted at 12:49 PM | Permalink | Comments

01/24/13

New year, new optimism reported

Small business owners are more optimistic as 2013 begins, according to the Wells Fargo/Gallup Small Business Index. The same measuring tool in November was at its most pessimistic level in two years. A year ago, in January 2012, the Index was at positive 15.

Posted at 12:26 PM | Permalink | Comments

01/23/13

No long-term certainty from debt decision

Today, the U.S. House of Representatives defused, for the moment, the debt ceiling issue by passing the "No Budget, No Pay" Act, a Republican bill that lets the Treasury Department borrow money until the spring.

Posted at 02:06 PM | Permalink | Comments

01/23/13

Open House on Capitol Hill

When describing the housing market dynamics, National Association of Realtors Chief Economist Dr. Lawrence Yun used the word "interesting" to sum the situation up. When forecasting the coming year this morning in Olympia, Yun focused on three topics: Inflation will be notably higher by 2015, meaningfully higher home prices, and more unequal net worth.

Posted at 01:56 PM | Permalink | Comments

01/23/13

S&P, Moody's update Tacoma LTGO rating

National financial ratings services Standard and Poor's and Moody's Investors Service announced new general obligation bond ratings for the City of Tacoma today.

Posted at 01:28 PM | Permalink | Comments

01/23/13

Workers' comp evaluated by State

Beginning today, the workers compensation claims management system is under scrutiny in Olympia by a Joint Legislative Audit and Review Committee.

Posted at 01:28 PM | Permalink | Comments

01/23/13

Dock Street Sandwich Co. to close

The Dock Street Sandwich Company, located on the Foss Waterway in Tacoma, is closing its doors. Owners Jim and Jayna Marshall have been gradually letting customers know of the closure, and the official announcement came through email by Sue Schaeffer, executive director of the Tacoma Waterfront Association, of which Dock Street Sandwich Company is a member.

Posted at 01:08 PM | Permalink | Comments

01/23/13

First year a success for Lemay

Lemay-America's Car Museum proclaimed 2012 a successful first year, citing, among other things, an increasing social media footprint, plentiful sponsorship and six-figure attendance numbers.

Posted at 12:21 PM | Permalink | Comments

01/23/13

December 2012 jobless rates released

Washington state's Employment Security Department released the county unemployment data for December 2012 this morning, with several South Sound counties showing increases in the jobless rate.

Posted at 12:05 PM | Permalink | Comments

01/22/13

2013 will be better, says Gallup

Consumer confidence in the economy is higher than in all of 2011, and also higher than in the month of December 2012, according to the Gallup U.S. Economic Confidence index.

Posted at 03:47 PM | Permalink | Comments

01/22/13

Microsoft may snap up Dell

Microsoft might be one of the sharks that snaps up the flailing Dell computer company, according to media reports. Dell, currently a publicly traded company and the industry's second-largest after Hewlett-Packard in the U.S., is rumored to be ready to sell. Microsoft is said to be one of the interested buyers, and will contribute up to $3 billion in a detailed deal that could ultimately cost 10 times that much. Dell is also one of Microsoft's largest partners. Although the company attributes its decline to consumers switching to SmartPhones and tablets, since speculation began Dell stock has jumped 20 percent.  As a private company, Dell could restructure while remaining exempt from Wall Street's high quarterly earnings hurdles. Both Dell and Microsoft...

Posted at 03:27 PM | Permalink | Comments

01/22/13

Broadband growth fast in WA

High-speed internet access is on the rapid rise throughout Washington state, making it the nation's third-largest broadband user and the tenth-largest in resident access, according to the 2012 Annual Broadband Report released by the state Department of Commerce's broadband office today.

Posted at 03:11 PM | Permalink | Comments

01/22/13

Timberland sees net earnings uptick

Today Timberland Bancorp announced a 48 percent upward bump in net income, a rise of $1.15 million to $1.71 million for the quarter ending December 31, 2012 over the preceding quarter. Net income for the corresponding quarter in 2011 was also up 33 percent, from $1.28 million.

Posted at 02:56 PM | Permalink | Comments

01/22/13

UWT job fair highlights military spouses

An upcoming job fair at the University of Washington Tacoma links local employers with military spouses.

Posted at 02:38 PM | Permalink | Comments

01/22/13

Top Places to Work nominations due

If you love where you work, or know of a great local business or organization, now's the time to nominate it as one of the Business Examiner Media Group's Top Places to Work. Award categories include Top Large, Top Medium, Top Small and Top Nonprofit companies in the South Sound. Awards will also be given for Solidarity (a welcoming environment focused on teamwork), Integrity (across-the-board business vision and responsibility), Appreciation (of employees), Gratification (employee pride in the company) and Equity (fair employee treatment). To qualify, businesses and organizations must be based in Pierce, South King, Thurston, Mason or Lewis Counties. They also must be at least five years old. Winners of last year's Top Places to Work awards include Heritage...

Posted at 02:26 PM | Permalink | Comments

01/21/13

One week until Shift Happens

One week from today, the Shift will be happening in Tacoma.

Posted at 02:12 PM | Permalink | Comments

01/21/13

Report: 75% of Americans at financial risk

As many as 32 percent of Americans may be seriously in debt and about 44 percent are just getting by, according to a new study by Personal Finance Employee Education Foundation.

Posted at 01:53 PM | Permalink | Comments

01/21/13

Nonprofits may step up social media efforts

Nonprofits will be investing more time and money in social media during 2013, according to a new study.

Posted at 01:24 PM | Permalink | Comments

01/21/13

Obama's speech covered hot biz issues

During the 57th Presidential Inauguration, President Barack Obama delivered a speech full of nuggets that could impact the local South Sound business community.

Posted at 12:38 PM | Permalink | Comments

01/21/13

Q&A with Dr. Danny Warner

Dr. Danny G. Warner is the president of the Washington State Dental Association, as well as a general dentist who practices with his son in Vancouver, Wash. He answered a few questions for the Business Examiner regarding the present state of the dentistry and the effects of insurance industry trends on the profession.

Posted at 12:04 PM | Permalink | Comments

01/18/13

SPEEA decries 'last, best' Boeing offer

After Boeing offered a "best-and-final" contract offer to the Society of Professional Engineering Employees in Aerospace (SPEEA) union on Thursday, SPEEA fired back with a statement decrying some parts of Boeing's offer.

Posted at 03:35 PM | Permalink | Comments

01/18/13

Public meeting on Olympia port project

As part of a proposal to add a public fueling dock to Swantown Marina, the Port of Olympia is holding a public meeting on Monday, Feb. 4.

Posted at 03:17 PM | Permalink | Comments

01/18/13

Unemployment down in 22 states

Less than half of the states in the union saw falling jobless rates last month, according to a statement from the U.S. Department of Labor today.

Posted at 12:08 PM | Permalink | Comments

01/18/13

Comments wanted on Sumner program

The Washington Department of Ecology is seeking public comment on Sumner’s proposed updated shoreline master program, which will guide construction and development on the city's shorelines.

Posted at 11:42 AM | Permalink | Comments

01/18/13

Terminal proposal worries Kent Chamber

The Kent Chamber of Commerce is expressing its concerns regarding the application of Pacific International Terminals to develop the largest coal export facility in North America.

Posted at 11:29 AM | Permalink | Comments

01/17/13

Pessimism growing for corporate CFOs

A recent survey from Deloitte Canada shows that CFO’s of large North American companies are becoming increasingly pessimistic regarding the economy.

Posted at 02:52 PM | Permalink | Comments

01/17/13

Bankers see slowly improving economy

The fiscal cliff agreement has created headwinds early in 2013, resulting in an economy that will grow slowly in the first half of the year before improving to a moderate pace in the second half, according to the Economic Advisory Committee of the American Bankers Association.

Posted at 02:47 PM | Permalink | Comments

01/17/13

2012 year-end real estate report

Members of Northwest Multiple Listing Service reported 64,624 closed sales of single family homes and condominiums during 2012, improving on volume from the year prior by nearly 15 percent or 8,332 transactions.

Posted at 02:42 PM | Permalink | Comments

01/17/13

Flu is still spreading across the state

Flu season is in full swing in Washington, as many employers can attest, and flu activity is now classified as widespread.

Posted at 02:30 PM | Permalink | Comments

01/17/13

New joint model for Medicare patients

Tacoma-based Franciscan Health System and Northwest Physicians Network have created the first Medicare-approved Accountable Care Organization (ACO) in the South Puget Sound.

Posted at 02:23 PM | Permalink | Comments

01/17/13

Now illegal to toss some light bulbs

A new state law effective this month requires all Washington businesses and government agencies to recycle mercury-containing light bulbs and tubes.

Posted at 10:38 AM | Permalink | Comments

01/17/13

Closing military groceries could hurt, help

A federal budget-cutting proposal to close military commissaries might further complicate the financial lives of active-duty military members as they prepare for the impact of defense downsizing on family finances.

Posted at 10:29 AM | Permalink | Comments

01/17/13

Award-winning So. Sound wine outlets

Four South Sound restaurants are among the winners of Washington State Wine Awards announced earlier this week at a Seattle event held at McCaw Hall.

Posted at 10:18 AM | Permalink | Comments

01/16/13

Inslee sworn in as 23rd WA governor

Today Washington state's 23rd governor, Democrat Jay Inslee, was sworn in before a joint session of the new Legislature.

Posted at 02:38 PM | Permalink | Comments

01/16/13

Lacey Wells Fargo branch robbed

Lacey police are seeking information on a robbery that occurred at one of the city's banks last night.

Posted at 02:09 PM | Permalink | Comments

01/16/13

State suspends Lakewood CPA

The Washington State Board of Accountancy has suspended the certificate of a longtime Lakewood CPA.

Posted at 02:00 PM | Permalink | Comments

01/16/13

JBLM Warrior Transition campus complete

Today, Joint Base Lewis-McChord's Warrior Transition Battalion campus welcomed 200 staff members to their new building near Madigan Army Medical Center.

Posted at 01:29 PM | Permalink | Comments

01/16/13

Pacific Seafood buys Dock Street site

The Tacoma City Council today finalized approval for Pacific Seafood's $700,000 purchase of the City-owned property at 1199 Dock Street. “This is an exciting development for the City of Tacoma, which looks forward to the new energy this will certainly infuse into the area.” said Ricardo Noguera, Tacoma community and economic development director. The property, which includes 28,000 square feet of upland and a 7,720-square-foot cinder block building, was leased until 2006 by Johnny's Seafood, which Pacific Seafood purchased that year. Now the company plans to invest $1.3 million in building a public esplanade and bistro-style cafe on the site. “‘Seafood heritage’ is an important part of the Tacoma waterfront history that Pacific...

Posted at 12:22 PM | Permalink | Comments

01/16/13

UWT and YMCA to build 'University Y'

Today the UW Tacoma and the YMCA of Pierce and Kitsap Counties announced plans to build a full-service YMCA facility on the school campus to serve both the UW Tacoma and YMCA members.

Posted at 12:02 PM | Permalink | Comments

01/16/13

Labor Statistics says December index unchanged

While over the past 12 months, all items in the Consumer Price Index for All Urban Consumers increased 1.7 percent before seasonal adjustment, the index remained unchanged in December, reported the U.S. Bureau of Labor Statistics today.

Posted at 09:33 AM | Permalink | Comments

01/16/13

Average hourly earnings tick up

Real average hourly earnings for all employees ticked up 0.3 percent from November to December, according to a Bureau of Labor Statistics report released today.

Posted at 09:18 AM | Permalink | Comments

01/15/13

Gregoire: Transportation key to business

Outgoing Washington governor Chris Gregoire today urged the Legislature to give special focus to transportation in the new legislative session, describing the sector as key to the state's business interests.

Posted at 03:42 PM | Permalink | Comments

01/15/13

Pierce Transit to cut service by 34 percent

Pierce Transit commissioners have voted to cut service by 34 percent by Sept. 29 after voters rejected a proposed sales tax increase last November.

Posted at 03:32 PM | Permalink | Comments

01/15/13

County to update TIW master plan

Pierce County will update the master plan for the Tacoma Narrows Airport in Gig Harbor in 2013.

Posted at 03:00 PM | Permalink | Comments

01/15/13

Support for export terminal projects

A new survey of Washington state voters confirms strong support for independent environmental review of each proposed bulk terminal export facility and the additional train and barge traffic that will come with expanded coal exports.

Posted at 02:52 PM | Permalink | Comments

01/15/13

Finished goods PPI down 0.2 percent

The Producer Price Index for finished goods fell by 0.2 percent in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.

Posted at 02:30 PM | Permalink | Comments

01/15/13

Rush opens Harbor Crossing home sales

Rush Residential has begun sales of 82 high end homes in Gig Harbor after breaking ground on a new housing community in July of last year.

Posted at 02:17 PM | Permalink | Comments

01/14/13

TIW restaurant closes shop

Reflections at the Airport, the Tacoma Narrows Airport restaurant, has closed up shop.

Posted at 03:06 PM | Permalink | Comments

01/14/13

Highline faculty member named MVP

Michael Girvin, a Highline Community College faculty member, has been named a 2013 Microsoft Most Valuable Professional.

Posted at 02:16 PM | Permalink | Comments

01/14/13

Lacey agency named top producer for 2012

For the second consecutive year, agency owner Jeff Kearin of Lacey has earned recognition from American Family Insurance as the Top Producing Agency for all of 2012 out of approximately 3,500 independently owned agencies within the organization.

Posted at 01:57 PM | Permalink | Comments

01/14/13

Opus Bank opens Gig Harbor office

Opus Bank recently opened a Gig Harbor office and plans to open more new sites in Seattle and Tacoma this year.

Posted at 01:50 PM | Permalink | Comments

01/14/13

Pierce Transit sues contractors over fire

Pierce Transit is suing contractors because of a fire that put a Lakewood CNG refueling station offline.

Posted at 01:37 PM | Permalink | Comments

01/14/13

Property owner leasing to pot store sued

After learning that a Tacoma commercial property owner was leasing space to a cannabis store, a local bank has filed suit to foreclose on the owner's loan.

Posted at 01:35 PM | Permalink | Comments

01/14/13

Labor dispute continues in Auburn

The 168 warehouse workers and drivers on strike at United Natural Foods, Inc. voted 104-26 to reject the company's proposal at a meeting Friday evening.

Posted at 01:04 PM | Permalink | Comments

01/11/13

Westside Community Bank closed

Financially-troubled Westside Community Bank in University Place was closed at 6 p.m. Friday by the State Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.

Posted at 06:25 PM | Permalink | Comments

01/11/13

Middle-class tax rate hits high earners

While the “fiscal cliff” budget deal increased taxes on high-income households, it skipped the  2-percentage-point payroll tax cut on wage and salary income, which went into effect in 2011. While this cut was extended through last year, Congress’ failure to keep in place means a high tax hit for middle-class households. According to the Tax Policy Center, this tax increase (as measured by impact on effective tax rates) is roughly equal to the tax increase on households with cash income between $500,000 and $1 million. It also exceeds the relative tax increase on households earning between $200,000 and $500,000.

Posted at 02:42 PM | Permalink | Comments

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