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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Most Northwest stocks enjoyed a respite Wednesday from the pummeling they took recently as good news about Internet sales and declining fuel prices pumped up prices.
Amazon.com led a group of Northwest stocks in positive territory with a nearly 10 percent stock price gain.
Amazon stock rose $4.02 or 9.76 percent on news that sales on Monday, dubbed Cyber Monday by retail analysts, rose 15 percent overall.
Analysts expect that pace won't continue through the rest of the holiday shopping season, however.
SeaTac's Alaska Air Group was up 6.17 percent to $24.76 as fuel prices continued falling. Crude oil hit $46 a barrel Wednesday, more than $100 less a barrel than it brought in midsummer.
Tacoma's Trueblue Inc., a temporary labor firm, beat the Dow's increase of 2.05 percent Wednesday with a 5.63 percent jump to 47.50 a share.
Even Federal Way's Weyerhaeuser enjoyed a good day with an increase of nearly 5 percent to $36.19 at the close.
Microsoft beat the Dow with a 3.76 percent increase to $19.87, and Costco stock bumped up 2.63 percent to $51.42 a share.
