The Biz Buzz

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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Got something to say? Here's the place to say it. We welcome your comments on what's going on in business in the South Sound that we should be discussing, reporting or analyzing here on our blog or in the pages of The News Tribune.

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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Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.
Thursday, February 5th, 2009
Posted by John Gillie @ 12:10:00 pm

A North Carolina developer is hoping for an early summer start on a project to convert a former mattress factory near the Tacoma Dome Transit Center into a 90-unit apartment project.

The developer, The Landmark Group of Winston-Salem, N.C., originally had proposed building condominiums on the site of the former Spring Air Mattress factory on Puyallup Avenue.

But the collapse of the condominium market nationwide sent the developer back to the drawing board to consider another use for the property it bought in October 2007.

=> Read more!

Posted by John Gillie @ 11:21:05 am

Bellevue's T-Mobile ranks best among the nation's cell phone carriers in customer care, a new survey from J.D. Power and Associates says.

T-Mobile scored 755 points out of 1,000 possible in the survey firm's study of 13,000 wireless customers who contacted their cell phone firm's customer service department in last year.

T-Mobile was followed by Verizon Wireless (749 points) and Alltel (744 points.)

"Much of T-Mobile's success can be attributed to its ability to reach the customer very quickly," said Kirk Parsons, senior director of wireless services at J.D. Power.

"More than one-third of T-Mobile subscribers report waiting less than two minutes on hold to speak with a representative," he said.

Among the nation's largest cell phones suppliers, AT&T ranked fourth (722 points) and Sprint Nextel ranked fifth (657 points).

Categories: General
Posted by John Gillie @ 08:22:00 am

A Mideast aircraft leasing firm, LCAL, today canceled a $2.4 billion order of 16 787 Dreamliner aircraft.

The canceled order was the second in two weeks for Boeing's much-delayed, high-tech 787. Russia's S7 Group last week ended its order for 15 Dreamliners.

A combination of a weak economy, production delays and a declining price for oil conspired to make the order less viable for LCAL, which is based in Dubai.

World economic doldrums have put airline finances on the skids as businesses reduce flying. Lower oil prices have reduced incomes in the Mideast and made the case for buying the 787 less compelling.

One of the 787's main advantages over existing aircraft is its promise to cut operating costs, particularly fuel expenses, by 20 percent.

That advantage was more important last summer when crude oil hit $147 a barrel, but crude has since declined to less than $50 a barrel.

The two order cancellations leave Boeing with 882 orders for the Dreamliner.

The plane's first flight had been scheduled for the third quarter of 2007, but it has now been delayed until the second quarter of this year.

Deliveries are running close to two years behind schedule.

Categories: General, Aerospace, Tourism