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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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Historic Tacoma today announced its first ever "Watch List" of nine historic buildings or areas that bear close scrutiny as they approach critical times in their lives.
Some of the buildings are in danger of demolition or are deteriorating because of age or because of development that could destroy their historic features. Others are on the sale block or in the process of being restored, the historic preservation organization said.
"Through our Watch List, we want to increase awareness of sites that are vulnerable -- these are the buildings and streetscapes that tell Tacoma's story," said the group.
"We are literally watching these sites with concern and interest; each one contributes to Tacoma's rich and unique built environment," said Sharon Winters the group's president.
The list includes:
* Brewery District. This district of rugged red brick and concrete buildings on the south end of downtown Tacoma contains several pivotal buildings. Those building include the Pacific Brewing and Malting Co. Building (currently for sale), the Heidelburg Brewery (facing demolition to become a hotel site), Meadowsweet Dairy (for lease or sale), the City Shops & Stables and the Nisqually Power substation.
* Elks Lodge. This grand structure rising above Old City Hall has been secured against the weather and is for sale by its Portland owners.
Horizon Air will end air service to Pendleton, Ore., Dec. 1 following the award of a federal air service subsidy to a rival airline.
The airline had served Pendleton for 26 years.
Portland's SeaPort Airlines won a federal Essential Air Service contract to serve Pendleton with three-times-daily flights on a 9-passenger Cessna turbo-props.
Horizon notified the U.S. Department of Transportation earlier this year it could not afford to serve the Pendleton-Portland route any longer because of increased fuel costs and because it was transitioning to larger aircraft.
The airline then made new proposals for subsidized service at an increased price. It had received a $748,440 annual subsidy from the federal government.
Horizon currently serves Portland and Pasco through Oct. 28. Starting Oct. 28 it will serve Seattle from Pendleton with 76-passenger Q400 turboprops. That service will end in December.
Aeromexico, which 15 months ago began serving Mexico City non-stop from Sea-Tac Airport, has begun twice weekly non-stop service to Cabo San Lucas.\
The service, on Thursdays and Sundays, will leave Sea-Tac at 9:30 a.m. and arrive in Cabo at 2:45 p.m.
Aeromexico will use Boeing 737-700s on the new route.
Alaska Airlines also services Cabo non-stop from Seattle on a 4-hour and 8 minute non-stop flight.
The first three and a half weeks of the Machinists Union strike along with supplier delivery problems have taken a $551 million toll on Boeing's commercial airplane third quarter earnings.
Boeing's third quarter earnings, announced early this morning, show operating margins in the Seattle-based Commercial Airplanes Group dropped from 11.4 percent in last year's third quarter to 5.7 percent in the same quarter this year.
The strike by 27,000 members of the International Association of Machinists and Aerospace Workers began Sept. 6 and is still ongoing more than three weeks after the end of the third quarter.
Overall, Boeing reported a seven percent decline in revenues to $15.3 billion and a 38 percent decline in net income from $1,114 billion in 2007's third quarter to $695 million in this year's third quarter.
Earnings per share were down 33 percent to 96 cents a share, just below Wall Street's consensus prediction.
The percentage drop in earnings per share was less than the percentage drop in net earnings was less because there are fewer Boeing shares outstanding this year because of buybacks.
Boeing Chairman Jim McNerney nonetheless said the company is doing well despite the labor and delivery issues.
"While the suspension of commercial airplane deliveries had a major impact on the quarter, we effectively executed the remainder of our business and kept our focus on the strong balance sheet we have built over the years," he said.
