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Fourth person arrested in 2012 killing of Everett man
Everett police said Saturday that they’ve arrested a fourth suspect in the stabbing death last April of Luis Verduzco. Martin Salazar, 33, of Monroe was arrested Friday and booked into Snohomish County...
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Man arrested for attempted burglary in West Seattle
[google-map-sc width=”250″ height=”250″] A 24-year-old man was arrested Friday after police say he was spotted trying to break into a West Seattle home. Shortly after 1 p.m., police said, a witness...
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Missing Bellevue man found in Oregon
An 85-year-old Bellevue man with Alzheimer’s disease who disappeared Friday morning was located Saturday afternoon in Ontario, Ore. — almost 450 miles away near the Idaho state line. Guy Victor Lewis...
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Symetra shares fall on profit shortfall
Shares of Bellevue-based Symetra Financial slumped Tuesday, a day after the insurance and investment company reported disappointing fourth-quarter financial results. Several new insurance and annuity...
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Plum Creek promotes Lindquist to president
In his 11-plus years at Plum Creek Timber, Tom Lindquist has run just about every piece of the Seattle-based company’s operations, from managing its 6.4 million acres of timberland to overseeing its...
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Lawsuit reveals new details on WaMu’s weakened controls
As Washington Mutual ramped up its “high-risk” mortgage efforts in the middle of the last decade, the lender faced a key bottleneck: its own risk-management and quality-control operations. Those...
View ArticleChanges loom for Washington state pension system
As public pension plans come under fire around the country for being overgenerous, underfunded, loosely managed budget-busters, Washington state’s massive system looks pretty good by comparison. But...
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State unemployment rate holds steady as job growth surprises
Preliminary figures show that Washington gained an unexpectedly strong 24,100 payroll jobs in January, but state economists are skeptical job growth was really that strong. The jobs figure likely will...
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Hansen says basketball not to blame for hedge fund’s poor results
Chris Hansen may be close to buying the Sacramento Kings and moving the National Basketball Association team to Seattle, but his hedge fund put up an air ball in the fourth quarter. In his year-end...
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King, Snohomish counties lead state’s jobs recovery
Washington’s jobs recovery is concentrated overwhelmingly in the central Puget Sound region, according to full county-by-county employment data released Tuesday by the state Employment Security...
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Heritage Financial buys another South Sound rival
Barely two months after absorbing Lakewood’s Northwest Commercial Bank, Heritage Financial is buying out another smaller South Sound rival. Heritage, parent of Olympia-based Heritage Bank and Yakima’s...
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Seattle-area inflation climbs 0.8%, gas prices jump 8.4% in 2 months
Fueled by sharply higher gasoline prices, inflation in the Greater Seattle area jumped 0.8 percent over the past two months, federal researchers reported Friday. Over the past year, the local Consumer...
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Local biotech inventor gets $95M verdict in patent suit
A small Auburn biotechnology company has won what may be the biggest patent-infringement verdict in state history, though the $95.8 million judgment likely will be appealed. A federal jury in Tacoma...
View Article‘Fear Itself’: a devil’s bargain between New Deal progressives and Southern...
‘Fear Itself: The New Deal and the Origins of Our Time’ by Ira Katznelson Liveright, 706 pp., $29.95 The New Deal is one of those great historical epochs, like the Civil War, that compels generation...
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Seattle hiring heats up; rest of state shivers
With payrolls expanding in February and unemployment continuing to fall, it would appear that Washington’s jobs picture is finally brightening. Except that for much of the state, it isn’t. The jobs...
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Puget Sound Bank buying Eastside rival in deal worth $8.4M
Bellevue’s Puget Sound Bank (PSB), a business-oriented lender that came through the financial crisis with barely a scratch, is buying smaller Eastside rival Core Business Bank for $8.4 million in stock...
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State’s pension plan bets big on private equity
In the spring of 2008, as Washington Mutual was casting about for a financial lifeline, the giant thrift turned to TPG Partners, one of the world’s largest private-equity firms. A TPG fund pumped $2...
View ArticleSeattle city pension investment mired in legal limbo
Shorn of its complexity, the story reads like a financial soap opera. A decade ago, the pension system for 16,000 current or retired city of Seattle employees invested $20 million in an offshore hedge...
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How we ranked the companies
Given the diversity of companies in the Pacific Northwest — software to shoes, cardboard to coffee, airlines to airwaves — developing a single scale on which to rank them all is hardly an easy task. No...
View Article‘College Unbound’: shaking the foundations of higher ed
‘College Unbound: The Future of Higher Education and What It Means for Students’ by Jeffrey J. Selingo New Harvest, 234 pp., $26 American higher education, long considered the best in the world, is...
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