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1 Paul Allen diagnosed with non-Hodgkin's lymphoma Business
Microsoft co-founder Paul Allen has been diagnosed with non-Hodgkin's lymphoma. Employees of his investment group, Vulcan, were informed of the diagnosis Monday in a message from his sister, Jody Allen. "Paul is feeling OK and remains upbeat," the message said. "He continues to work and he has no
11/16/2009 | seattletimes.com | find similar results
2 Boeing fighter to run on biofuel; Mastro bankruptcy trustee keeps job Business
Boeing and the Navy plan to enable the death-dealing F/A-18 Super Hornet jet fighter to run on sustainable biofuel, and will eliminate ozone-depleting halon in its fire-suppression system. Company employees learned this past week that the U.S.
11/8/2009 | seattletimes.com | find similar results
3 Pemco to cut 31 IT jobs Business
Pemco Insurance has sold its electronic payment-processing business and plans to cut 31 jobs from its information-technology staff as it wrestles with increasing competition in its only market, Washington.
11/7/2009 | seattletimes.com | find similar results
4 Boeing handing out layoff notices to 500 workers today Business
Boeing will hand out 60-day layoff notices today to about 500 employees companywide, including about 60 in Washington. About 40 of the 500 are with the Commercial Airplanes unit.
10/30/2009 | seattletimes.com | find similar results
5 Poll finds subdued expectations for Washington's economy Business
A growing number of Washington residents seem resigned to the idea that the state's economy will bump along the bottom for a year or more rather than quickly bouncing back from recession. That's one way to read the results of the latest Elway Poll, conducted Oct. 15-18.
10/25/2009 | seattletimes.com | find similar results
6 Washington Federal posts $9.6 million profit Business
Washington Federal, parent company of Washington Federal Savings, said it earned $9.6 million or 11 cents a share, for its fiscal fourth quarter, and $40.7 million, or 46 cents a share, for the year.
10/22/2009 | seattletimes.com | find similar results
7 State, nation still see venture-capital slide Business
Venture-capital investments in U.S. startups fell for a fifth consecutive quarter, though a boost from the previous two quarters suggests increased confidence in the economy. Similar patterns occurred in Washington state in the third quarter, according to figures being released today.
10/20/2009 | seattletimes.com | find similar results
8 Sterling Savings ordered to clean house, raise $300 million Business
The top executives of Sterling Savings Bank and its parent company are stepping down as the company, on regulators' orders, begins a hunt for $300 million to bolster its capital base. Spokane-based Sterling Financial Corp. announced Thursday that Harold B.
10/15/2009 | seattletimes.com | find similar results
9 SPEEA members approve contract with Spirit Aerosystems Business
After rejecting two previous contract offers, members of the white-collar union, the Society of Professional Engineering Employees in Aerospace (SPEEA), voted 266-40 to accept a new contract with Spirit Aerosystems of Wichita, Kan., the union announced today.
10/8/2009 | seattletimes.com | find similar results
10 Mastro creditors split on who should be trustee Business
The high-profile bankruptcy of Seattle real-estate developer Michael R. Mastro, likely the biggest and most complex in Western Washington history, has taken on aspects of an election campaign. When someone enters bankruptcy, the court usually appoints a trustee to liquidate the debtor's holdings.
10/4/2009 | seattletimes.com | find similar results
11 HomeStreet Bank taps outsider as new leader Business
HomeStreet Bank, the second-largest bank based in Seattle, has named an outsider as CEO, ending three generations of family leadership as the bank seeks new capital to repair its eroded finances. Mark K.
10/2/2009 | seattletimes.com | find similar results
12 Bellevue developer sees a Bravern new world of opportunities Business
Bellevue planners this month approved a 12-story residential project across busy Northeast Eighth Street from the brand-new, four-tower Bravern complex. Trouble is, that's not what the property's owners want to build anymore.
9/27/2009 | seattletimes.com | find similar results
13 Naverus gets FAA approval to design new U.S. airline flight paths Business
Kent-based Naverus, a pioneer in developing new satellite-based airplane navigation technology used to guide aircraft and streamline air traffic patterns around airports, received Federal Aviation Administration (FAA) approval Friday to design and validate flight paths for use by airlines at U.S.
9/25/2009 | seattletimes.com | find similar results
14 Dendreon says Provenge filing will be made in November Business
Dendreon, Seattle's most valuable and most closely watched biotech company, said it expects to submit by mid-November an updated application for its Provenge therapeutic vaccine for men with advanced prostate cancer.
9/24/2009 | seattletimes.com | find similar results
15 Seattle biotech drops European drug application Business
Cell Therapeutics has dropped efforts to win European marketing approval for its Opaxio drug to treat non-small cell lung cancer, dealing a setback to one of the Seattle biotech company's two key drug programs.
9/23/2009 | seattletimes.com | find similar results
16 Boeing to hand out 250 layoff warnings today Business
Boeing plans to give 60-day layoff notices to about 250 workers companywide today, with about 100 of those in the Puget Sound region, mostly in the commercial airplane division. Boeing has been issuing layoff notices monthly since January, when it said it planned to cut 10,000 positions in 2009.
9/18/2009 | seattletimes.com | find similar results
17 Boeing won't offer "Frankentanker" in Air Force competition Business
Boeing will not offer an aerial-refueling tanker that is made up of parts from different aircraft models when it submits a bid in the new Air Force tanker competition, Rick Lemaster, the head of Boeing's tanker program, said Monday at the annual Air Force Association conference
9/15/2009 | seattletimes.com | find similar results
18 Targeted Genetics to receive $7 million for secrets to making virus vectors Business
Targeted Genetics has struck a $7 million technology deal with Massachusetts-based Genzyme, extending the life of a cash-strapped Seattle biotechnology company. "We are alive and fighting and in essence back from the brink," said president and CEO Susan Robinson.
9/9/2009 | seattletimes.com | find similar results
19 Boeing asks S. Carolina for help on 787 factory permits Business
Boeing asked South Carolina's commerce secretary Wednesday for help in getting all the necessary permits for a 787 final-assembly plant in North Charleston, and declared itself "delighted" by the state's reaction so far.
8/26/2009 | seattletimes.com | find similar results
20 Cell Therapeutics selling stock, warrants Business
The buyer can convert the preferred stock at a strike price of $1.59125 into about 18.8 million common shares in the Seattle biotechnology company. The warrants can be exercised at a price of $1.70, and would yield additional proceeds of approximately $8 million.
8/19/2009 | seattletimes.com | find similar results