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  • Digging starts for stalled Seattle tunnel machine Tuesday, 21 Oct 2014 | 1:47 PM ET

    SEATTLE— Contractors building a new highway tunnel under downtown Seattle have started digging a 120- foot pit to rescue a stalled boring machine named Bertha. Seattle Tunnel Partners also is pumping out groundwater as it digs the 80- foot-wide pit near the Seattle waterfront. The $80 million, five-story-tall boring machine overheated and came to a stop last...

  • Oct 21- Omeros Corp said it suspended enrolment in a mid-stage study testing its experimental Huntington's drug as the company evaluates data from a concurrent trial in rats, sending its shares down 10 percent before the bell. The drug has been well tolerated in all human trials, Omeros said. The U.S. Food and Drug Administration has asked the company to further...

  • Lawsuit claims website aids child sex trafficking Tuesday, 21 Oct 2014 | 2:55 AM ET

    SEATTLE— The Washington Supreme Court is set to hear arguments in a case filed by three sex trafficking victims who say the website Backpage.com helps promote the exploitation of children. A federal case was filed in Boston last week. Backpage.com asked a Supreme Court judge to dismiss the case.

  • New atlas will help find 'gaps' in crop production Monday, 20 Oct 2014 | 2:45 PM ET

    LINCOLN, Neb.— A new mapping tool unveiled Monday and developed by the University of Nebraska and other project partners could help boost global crop production while conserving land and water. The Global Yield Gap Atlas allows farmers, governments and businesses to estimate the "gap" between potential and actual crop yields based on plant, soil and climate data...

  • Russell Investments, Ft. Lauderdale fund ax Pimco Friday, 17 Oct 2014 | 8:49 AM ET
    Bill Gross

    Russell Investments and the Fort Lauderdale Police & Fire Retirement System dropped PIMCO as their bond portfolios manager following the exit of Bill Gross.

  • NEW YORK, Oct 16- Russell Investments and the Fort Lauderdale Police& Fire Retirement System said on Thursday they dropped Pacific Investment Management Co as the manager of their bond portfolios following the departure of Bill Gross in late September. Gross, who managed the Pimco Total Return Fund and co-founded the firm over 40 years ago, resigned on Sept. 26 to...

  • Starbucks to roll out 'pay ahead' option in 2015 Thursday, 16 Oct 2014 | 4:03 PM ET

    NEW YORK— Starbucks says it will start letting customers across the country place orders ahead of time on their smartphones by next year. The "pay ahead" option is intended to help win over customers who might otherwise be discouraged by the lines and waits at Starbucks, particularly during the morning rush. To drive traffic to its cafes this holiday season,...

  • Russian man: not guilty to new hacking charges Thursday, 16 Oct 2014 | 1:36 PM ET

    SEATTLE— A Russian man accused of hacking into U.S. businesses pleaded not guilty Thursday to new charges filed by the U.S. Attorney's Office. Roman Seleznev's new lawyer, Steven Fogg, also told the federal judge that they "object to the manner in which Mr. Seleznev, the son of Russian Parliament member Valery Seleznev, was arrested in the Maldives in July and taken to...

  • No time to cook? Maybe a cyber sous chef can help Thursday, 16 Oct 2014 | 10:33 AM ET

    "The idea came out of a need my co-founders and I had in our own lives," says Matt Salzberg, co-founder and CEO of Blue Apron, a 2- year-old New York startup that delivers high-end, pre-measured ingredients to your doorstep. Supermarkets and even online giants such as Amazon and Google deliver groceries. "All these companies make the promise, whether explicit or not, of...

  • Amazon hires 80K seasonal holiday workers Thursday, 16 Oct 2014 | 12:02 AM ET

    At the centers packages are sorted by ZIP code and then transported to U.S. Postal Service offices. The pace of hiring at a retailer can serve as an indicator of expectations for the holiday shopping season, which accounts for 20 percent of the industry's annual sales, according to the National Retail Federation, a trade group. Overall, the National Retail...

  • Trust sues former Washington Mutual directors Wednesday, 15 Oct 2014 | 1:46 PM ET

    SEATTLE— The trust responsible for distributing any remaining assets of Washington Mutual Inc. to unsecured creditors is suing the company's former directors and officers over a $500 million transfer that occurred just before Washington Mutual Bank was seized. The Seattle Times reports that according to the lawsuit, Washington Mutual Inc. transferred...

  • Giffords begins 9-state tour on women, guns Tuesday, 14 Oct 2014 | 2:17 AM ET

    Gabby Giffords on Tuesday urged women in Maine to help prevent stalkers and abusers from getting guns, part of a nine-state tour to advocate for tougher laws she says can protect domestic violence victims. The former Arizona congresswoman, who was severely wounded in a 2011 shooting in Tucson that killed six people, told law enforcement officials, domestic...

  • Boeing announces Garuda order for 50 planes Sunday, 12 Oct 2014 | 4:03 PM ET

    Boeing said Sunday that Garuda will buy 46 of its 737 Max 8 aircraft and convert orders for four other 737 s to the Max 8. The plane is designed to be more fuel-efficient than current models of the single-aisle jet. Boeing and rival Airbus have huge backlogs of commercial jet orders as airlines dealing with high fuel prices order more efficient planes.

  • TORONTO/ ST. LOUIS, Oct 10- U.S. investors in Canada's medical marijuana industry are betting they won't fall under the scrutiny of U.S. law enforcement officers- but it's a risky bet. The U.S. Drug Enforcement Agency has already been tracking investments made in state-sanctioned marijuana business in the United States. "We really like the Canada model, which is...

  • Rival gun measures on ballot in Washington state Friday, 10 Oct 2014 | 3:36 AM ET

    OLYMPIA, Wash.— Two competing measures on the Washington state ballot this fall ask voters to take a stance on expanded background checks for gun sales. Supporters of the initiative to expand background checks have received large donations from wealthy figures, including Microsoft co-founders Bill Gates and Paul Allen, and have spent millions, far outpacing...

  • Report: Amazon to open brick-and-mortar store Thursday, 9 Oct 2014 | 3:31 PM ET

    That's according to a report in The Wall Street Journal that said Thursday the largest U.S. e-commerce retailer will open a store in Manhattan ahead of the holiday shopping season. Seattle- based Amazon said it has made no announcements about a location in Manhattan. Shares fell $7.33, or 2.3 percent, to $315.37 amid a broader market sell-off on Thursday.

  • New at the pot shop: Milder marijuana for novices Thursday, 9 Oct 2014 | 12:36 AM ET

    "No one buys a handle of Jim Beam and thinks they should drink all of that in one sitting," said Tim Cullen, owner of two Denver- area marijuana dispensaries. Nine months into Colorado's recreational pot experiment, retailers have good reason to court new users. A market study released in July suggested 40 percent of customers in Denver- area recreational marijuana...

  • Seattle suburb: Water safe to drink again Wednesday, 8 Oct 2014 | 3:12 PM ET

    MERCER ISLAND, Wash.— A boil-water advisory that closed restaurants and forced schools to operate with bottled water for nearly a week in a wealthy Seattle suburb has been lifted, even though inspectors never found the source of E. coli that prompted it. City officials said Wednesday it's safe again to drink the water again on Mercer Island after samples tested...

  • Gov't: AT&T to pay $105M for bogus phone charges Wednesday, 8 Oct 2014 | 12:02 PM ET

    WASHINGTON— AT&T wireless customers may want to take a closer look at their old phone bills because they may have money coming back to them. The Federal Trade Commission said Wednesday that AT&T Mobility LLC, a subsidiary of the telecom giant, has agreed to a hefty $105 million settlement after the government accused the company of unlawfully billing customers...

  • Judge: Work out security for Russian prisoner Wednesday, 8 Oct 2014 | 7:02 AM ET

    Magistrate Judge James Donohue said he doesn't like to micro-manage the Bureau of Prisons, but Seleznev has a constitutional right to an effective defense. He was moved to Guam and then Seattle on charges that he hacked into businesses across the U.S. and installed software that allowed him to steal credit card numbers. Andrey Yushmanov, consul general of the...