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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Tacoma's Russell Investments is putting into action a plan it claims will improve service to its customers worldwide.
The new plan organizes investment adviser Russell into five lines of service businesses that reach out to customers around the globe.
Those service lines are:
* Consulting and Advisory Services
* Defined benefit and defined contribution pension outsourcing
* Retail investments
* The company's OpenWorld program that provides investment professionals access to niche fund managers specializing in leading edge investments such as climate change and emerging markets.
* Russell Investment Services
The new organization will allow Russell clients complete access to the company's full expertise on investments no matter where they are located, said Russell chief executive Andrew Doman.
Boeing's much-delayed 787 Dreamliner is moving ever closer to its first flight.
Reports from Boeing's Everett plant say the first 787's auxiliary
power unit has been fired up for the first time. That small turbine engine powers aircraft systems after the plane's main engines have been shut down.
The second test Dreamliner, painted in All Nippon Airways colors, has been rolled out of the assembly plant. That plane is expected to take flight for the first time about three weeks after the first plane.
The first plane is due to fly for the first time before the end of June, nearly two years behind the original schedule.
Puyallup's South Hill Mall, which is undergoing a multi-million dollar renovation, will soon be getting a new logo.
The logo, says the mall's owners, is designed to as "a tribute to clean, green scenery of Puyallup's South Hill and the surrounding area. The mall's owner is Ohio-based Cafaro.
The new signage features earthy green and brown color scheme with a leafy stylized tree branch anchoring one end of the sign.
The 21-year-old mall is receiving new floors and ceilings, more skylights and a new entrance. The mall's food court will be reconfigured with a stone fireplace. Outside, new lighting and landscaping are being installed.
The renovation is being done at night. The project is projected to be completed by November.
With demand for air travel remaining weak, the nation's airlines have announced summertime air fare sales with prices lower than they've been during the vacation season for years.
These fares may not be good news for the airlines, but they're good news for anyone planning to fly this summer.
Here are some sample one-way fares from Sea-Tac:
* Boise - $49
* San Diego – $59
* San Francisco – $49
* Denver – $65
* Las Vegas – $68
* Los Angeles – $69
• Baltimore – $83
* Tampa – $98
Most airlines are matching each other's fares on competitive routes. Remember seats at the lowest prices are limited. Midweek and Saturday flights are most likely to have seats available at these prices.
