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Archive »South Sound News

Columbia Bank acquires Pacific Continental

Columbia Bank has announced today its purchase of Eugene, Ore.-based Pacific Continental Bank, a transaction valued at approximately $644.1 million.

Seattle firm to turn Tacoma's Washington Building into apartments

Seattle real estate investment firm Unico Properties has purchased the Washington Building in downtown Tacoma, with plans to turn the historic structure into apartments.

Holiday weekend schedules

Happy Holidays ! is the seasonal greeting, with much of the region's business world and government offices closing today until next Tuesday.

Bank of the Pacific corp. raises dividend

A strong financial performance in the past fiscal year has prompted directors of the parent to Bank of the Pacific to raise its cash dividend.

Olympia, Tacoma among top October housing markets

Real estate valuation firm Pro Teck has released its October list of top statistical areas for residential real estate, and hovering near the top of the list are the South Sound’s anchor communities: Olympia-Tumwater at No. 3, followed one spot down by Tacoma-Lakewood.

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Archive »National-World News

Construction input prices also rising

Nationwide, the costs of new construction are rising, and it could become worse, if the new presidential administration succeeds in its announced plans for a $1-trillion infrastructure package.

From SSBiz: Waiting on 'Affordable Care'

Arguments being made in the halls of Congress over partisan plans to replace the Affordable Care Act (Obamacare) have real impacts on employers, families and health care providers here in the South Sound.

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Archive »State News

‘Let the budget battle begin …’

As they head toward a projected adjournment in about a month, state legislators now have three widely divergent budget proposals to consider, following House Democrats's plan for new taxes and higher spending released today.

GOP budget disappoints state workers

Legislative budget battles continued today with release of a two-year spending plan by Republicans that control the state senate. Absent were labor contracts negotiated by the governor and unions for most state employees.

State revenue grows

State lawmakers will have a bit more 'pocket change' to use as they begin serious work to write a new two-year budget. The revenue forecast out today is up $247 billion for the current period and $303 million higher for next biennium.

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Archive »Regional News

Tacoma becoming attractive to investors

Ever more new and expensive office construction in downtown Seattle and its suburbs has some real estate investors looking to surrounding markets for opportunity.

Inflation rates higher here

Consumers' costs of living are rising faster in western Washington than elsewhere in the country, according to a new report from federal statisticians.

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