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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There you were, minding your own business, showing up to work every day, when your company announced a restructuring that will lead to layoffs.
The Associated Press gleaned a few tips to follow during those anxious weeks before the company identifies which departments will be targeted from John Challenger of employment consultants Challenger, Gray & Christmas of Chicago:
• Postpone your vacation and keep a perfect attendance record. “You don’t want to be out of sight because you could be out of mind,” he said.
• Become an information sponge and be aware of trends in your industry.
• Work hard to develop strong relationships with the new leadership, and don’t complain about changes. “You don’t want to be seen as part of the old guard,” Challenger said.
• Avoid the temptation to fly under the radar. Keep your supervisor apprised of your achievements.
Three California-based businesses have reached a settlement with Washington Attorney General Rob McKenna over allegations they installed software on people's computers that launched persistent pop-up screens.
Those pop-ups demanded payment for movie downloads the computer users allegedly had not ordered. The software was installed after users signed up for a seemingly anonymous free trial for the service.
“Under this settlement, Movieland.com and its associated companies agree to cease offering anonymous free trials to Washington consumers for their movie download service,” said McKenna. “Additionally, the defendants must receive express consent from Washington consumers before installing any billing software on the user’s computer, disclose whether the software will cause any pop-ups and clearly state all important contract terms in any advertisement.”
The state filed its original lawsuit last summer following an investigation by the Attorney General’s Consumer Protection High-Tech Unit. The suit accused the following of violating Washington’s Computer Spyware and Consumer Protection acts: Digital Enterprises of West Hills, doing business as Movieland.com; AccessMedia Networks of Los Angeles; Innovative Networks of Woodland Hills; and Alchemy Communications of Los Angeles.
A New York-based aircraft leasing company, CIT Aerospace, today ordered five single-aisle Boeing 737-700s. At list prices, those orders are valued at $295 million.
CIT already has 31 737s in its fleet and has 10 more on Boeing's order books. The company is also a 787 Dreamliner customer with orders for five.
Boeing also disclosed that an unidentified customer ordered two 737s in the last week, bringing total orders for the popular twin-jet to 45 for the year. Airlines in that same period canceled orders for four 737s, yielding net orders for the plane of 41 in 2007. Boeing doesn't disclose which airlines canceled orders.
For the year, the aircraft maker has recorded a net of 223 commercial airplane orders.
Weyerhaeuser Co. today announced that Patricia M. Bedient, 53, has been elected executive vice president and chief financial officer by the board of directors effective immediately.
Bedient succeeds Richard J. Taggart, 64, who will retire in June after reaching the company's mandatory retirement age. Taggart has served as CFO since April 2003.
