The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.
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Contributors
Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.
C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.
John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.
Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.
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The Martin Luther King Housing Development Association and Centro Latino have a plan for what they are calling a "Hilltop Renaissance."
It's a renaissance Hilltop leaders say has already started as property prices increase, new businesses move in and the general feel of the neighborhood changes.
Both agencies have requested money from the state's capital budget for building projects.
MLK Housing needs $5 million to help construct a mixed-used business center, which would include affordable housing on the top levels, room for start-up business on the street level and underground parking. The project's total cost is $22 million.
Centro Latino requested $2 million to buy and upgrade the building it currently leases.
T.S. Eliot may have called April the cruelest month – but here in Washington it’s a month meant for understanding money.
So says Gov. Chris Gregoire, who has proclaimed April as Financial Literacy Month.
And with the 2006 nationwide savings rate at minus-1.2%, it’s time to go back to money school. Among other activities, the Department of Financial Institutions will be promoting its “Money Savvy Kids” and “Money Savvy U” initiatives, which offer students information about saving, investing, donating and spending.
Throughout April and May, actors from the National Theater for Children will present “Mad About Money” – with lessons in saving, budgets, investing and credit – in 48 state schools.
Tacoma Goodwill will present an 8-class financial literacy course at both Tacoma Community College and Sumner Family Center. We’ll have more details soon.
An April 24, the Washington Bankers Association will celebrate the 11th annual Nation Teach Your Children to Save Day.
The partially collapsed building at 13th & Fawcett came down today.
The building is owned by Tacoma real estate executive Eric Cederstrand and his father
Earlier this week, the roof and one side of the former Eagles Aerie #3 collapsed.
Third Point LLC, the largest shareholder of Kent-based Flow International Corp., said it would seek to replace directors if the company didn’t hire an investment bank to explore a sale, Bloomberg News reports.
The company should also remove its anti-takeover provisions and de-stagger the terms of its board members, Third Point said today in a filing with the U.S. Securities and Exchange Commission.
Starbucks Corp. Chairman Howard Schultz says he can preserve the chain’s coffee-house nature even as he adds seven new stores a day.
“This is really hard to do,” Schultz told Bloomberg News in an interview at the Seattle headquarters of the world’s largest coffee-shop chain. “And because very few people have done it before, they’re out there waiting for us to fall.”
