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  • DUBAI, Sept 16- Investcorp, an alternative investment manager based in Bahrain, said on Tuesday it had acquired a portfolio of office and industrial property assets in three cities in the United States for around $250 million. The purchases, done in separate transactions, were completed by the firm's U.S.-based real estate arm, a statement from Investcorp said.

  • STOCKHOLM, Sept 15- Microsoft Corp said on Monday it has agreed to acquire Stockholm- based games developer Mojang and the company's wildly popular Minecraft video game franchise for $2.5 billion.

  • WSU regents approve plan for new medical school Friday, 12 Sep 2014 | 4:29 PM ET

    SPOKANE, Wash.— Washington State University's board of regents on Friday unanimously approved the administration's controversial effort to start a new medical school in Spokane, citing the "dire need" for more doctors in the state.

  • Fight over World War II-era tank goes to court Friday, 12 Sep 2014 | 11:01 AM ET

    REDWOOD CITY, Calif.— A company headed by Microsoft co-founder Paul Allen has filed a lawsuit in the San Francisco Bay Area over a World War II-era German tank it says it paid $2.5 million for but never received. After his death, his family turned them over to the Massachusetts- based Collings Foundation, which put some of them up for auction in Portola Valley in July.

  • San Diego cabbies cry foul over body odor test Friday, 12 Sep 2014 | 2:18 AM ET

    SAN DIEGO— Body odor is among 52 criteria that officials at San Diego International Airport use to judge taxi drivers. A 2013 survey of 331 drivers by San Diego State University and Center on Policy Initiatives found 94 percent were immigrants and 65 percent were from East Africa.

  • Prosecutors target credit card thieves overseas Friday, 12 Sep 2014 | 1:16 AM ET

    WASHINGTON— Working to combat an increasingly lucrative crime that crosses national boundaries, Justice Department officials are pressing for a new law to help them prosecute criminals overseas who traffic in stolen credit cards.

  • NEW YORK, Sept 12- Kenny G, the best-selling jazz musician who once played at President Bill Clinton's inaugural ball, wakes up every morning to Starbucks. Instead, the man whose real name is Kenny Gorelick obsessively checks the company's stock price.

  • Groups sue over oil shipments in older rail cars Thursday, 11 Sep 2014 | 3:32 PM ET

    SEATTLE— Environmental groups sued the U.S. Department of Transportation on Thursday over the shipment of volatile crude oil in older railroad tank cars. That petition sought an emergency order to prohibit crude oil from the Bakken region of North Dakota and Montana and elsewhere from being carried in older tank cars, known as DOT-111s.

  • Russian accused of hacking wants out of isolation Thursday, 11 Sep 2014 | 2:11 PM ET

    SEATTLE— Lawyers for the Russian man charged with hacking into the computer systems of businesses throughout the U.S. have asked a federal judge in Seattle to hold a hearing as soon as possible so they can make their case for moving Roman Seleznev out of a Special Housing Unit. The Russian Foreign Ministry has accused the U.S. government of kidnapping Seleznev.

  • Business targeted by hacker: Lawyers have conflict Wednesday, 10 Sep 2014 | 3:33 PM ET

    District Judge Richard Jones in Seattle on Tuesday that his company shared confidential information with the Fox Rothschild firm that could benefit Roman Seleznev. Roman Seleznev was arrested July 5 in Maldives and taken to Guam for an initial court appearance before being brought to the U.S., where he pleaded not guilty to 29 counts on Aug. 8.

  • Washington state names new head of state ferries Wednesday, 10 Sep 2014 | 12:17 PM ET

    OLYMPIA, Wash.— Washington state officials on Wednesday named a new head of the state ferry system, which is emerging from a tough summer. Lynne Griffith, currently the chief executive officer of Pierce Transit, will be the first woman to head the ferry division of the state Department of Transportation.

  • Latest NYC condo amenity: $1 million parking spot Tuesday, 9 Sep 2014 | 3:47 PM ET

    NEW YORK— A million dollars would buy a nice house in Dallas or Seattle. The New York Times reports that the 10 underground spots at 42 Crosby St. will cost more per square foot than the apartments upstairs. Information from: The New York Times, http://www.nytimes.com.

  • Seattle tunnel builders make progress in repair Tuesday, 9 Sep 2014 | 6:59 AM ET

    Workers installed the final 11 piles last week, and they will begin to fill in gaps between the piles and move to the next stage of the repair work, said Laura Newborn, a spokeswoman for the Alaskan Way Viaduct replacement-tunnel project. Seattle Tunnel Partners expects to resume drilling on the tunnel in March 2015.

  • Fundamental problems plague Seattle megachurch Tuesday, 9 Sep 2014 | 6:56 AM ET

    SEATTLE— Seattle megachurch Mars Hill is closing some branches and making plans to lay off employees to deal with fundamental problems in the evangelical empire. Financial problems in the wake of recent leadership issues are forcing the cutbacks, The Seattle Times reported in Monday's newspaper.

  • Amazon slashes price of its Fire smartphone Monday, 8 Sep 2014 | 12:21 PM ET

    NEW YORK— Amazon slashed the price of its Fire smartphone Monday, a day before Apple is expected to unveil its latest version of the iPhone. Amazon said the phones will still come with unlimited cloud storage for photos and a free 12 months of Amazon Prime, the company's free shipping and video-streaming plan, which normally costs $99 a year.

  • Game creators seek mature storytelling in games Friday, 5 Sep 2014 | 5:26 PM ET

    SEATTLE— For many of the game designers showing off their latest creations at the recent Penny Arcade video game expo in Seattle, the push to feature more mature storytelling has been one of their most significant challenges. "We are changing as a medium," said Richard Dansky, a writer who has worked on several "Tom Clancy" games, in a talk called "You're So Mature!

  • Sept 5- Starbucks Corp on Friday announced two new types of stores aimed at capturing the growing demand for upscale reserve coffee and a separate test of an "express" store in Manhattan offering speedy service in a city where a " New York minute" is more like a nanosecond.

  • No, Seattle, home of Microsoft Corp and Amazon and fast becoming a second home for Silicon Valley companies looking to access the city's plentiful pool of relatively cheap tech talent. Microsoft alumni are now running the Seattle offices of Facebook Inc, Twitter Inc and Google Inc, and they look to their former employer as a source for new talent.

  • United adds larger version of Boeing Dreamliner Thursday, 4 Sep 2014 | 12:42 PM ET

    SEATTLE— United Airlines is showing confidence in Boeing's 787 by taking delivery of the new, larger version of the jet that Boeing calls the Dreamliner. U.S. officials allowed them to fly again after Boeing made design changes around the battery systems.

  • Legal or not, the pot business is still wacky Thursday, 4 Sep 2014 | 11:07 AM ET

    NEW YORK— Legal or not, the business of selling weed in the U.S. is as wacky as ever. "It's a gray market industry, that's just how it is," says Kayvan Khalatbari, who owns a marijuana dispensary and a chain of pizza restaurants in Denver.