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  • SEATTLE— A giant floating oil rig currently anchored off Port Angeles, Washington, will be towed to Seattle this week despite the Seattle mayor's assertion that the Port of Seattle can't host the rig until it gets a new land-use permit, a Royal Dutch Shell spokesman said Monday. Seattle Mayor Ed Murray has urged the port to reconsider its two-year, $13 million...

  • Omeros reports 1Q loss Monday, 11 May 2015 | 7:15 PM ET

    SEATTLE _ Omeros Corporation on Monday reported a loss of $18.7 million in its first quarter. The Seattle- based company said it had a loss of 51 cents per share. Omeros shares have decreased 15 percent since the beginning of the year.

  • Oncothyreon reports 1Q loss Monday, 11 May 2015 | 6:09 PM ET

    SEATTLE _ Oncothyreon Inc. on Monday reported a loss of $7.9 million in its first quarter. On a per-share basis, the Seattle- based company said it had a loss of 8 cents. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.

  • Juno Therapeutics reports 1Q loss Monday, 11 May 2015 | 5:06 PM ET

    SEATTLE _ Juno Therapeutics Inc. on Monday reported a loss of $65 million in its first quarter. Juno Therapeutics shares have fallen 13 percent since the beginning of the year. Keywords: Juno Therapeutics, Earnings Report.

  • The Department of Interior conditionally approved Shell's plan to explore for oil in the Chukchi Sea off Alaska. Shell has already spent about $6 billion on exploration in the Arctic. "We have taken a thoughtful approach to carefully considering potential exploration in the Chukchi Sea," said Abigail Ross Harper, the director of the Bureau of Ocean Energy...

  • ANCHORAGE, Alaska— Royal Dutch Shell's Arctic drilling program has cleared a major bureaucratic hurdle to begin drilling for oil and gas off Alaska's northwestern coast this summer. The Bureau of Ocean Energy Management on Monday approved the multi-year exploration plan in the Chukchi Sea for Shell after reviewing thousands of comments from the public,...

  • Mirror, mirror on the wall: Smart mirrors boost sales Monday, 11 May 2015 | 11:14 AM ET

    NEW YORK— Imagine a fitting room with a "smart" mirror that suggests jeans to go with the red shirt you brought in. A handful of primarily upscale retailers, including Neiman Marcus and Nordstrom, are testing versions of this high-tech fitting room. This trend is a way stores aim to catch up to online rivals like Amazon.com that are able to gather information on which...

  • NEW YORK— Shares of online retailer Zulily are soaring in premarket trading Monday, after Chinese e-commerce powerhouse Alibaba disclosed last week that it bought a stake in the company. Alibaba Group Holding Ltd. disclosed last week that it owns 11.5 million Class A shares of Zulily, or about 9.3 percent of its outstanding shares. Alibaba began buying Zulily...

  • NEW YORK— If a small Frappuccino seems like too much of an indulgence, Starbucks is now selling a more petite version of the sugary coffee drink. The Seattle- based coffee chain says it will start selling a "Mini Frappuccino" starting Monday through July 6. Katie Seawell, senior vice president of category brand management at Starbucks, said the Mini Frappuccino...

  • Why homebuyers face a tough spring Monday, 11 May 2015 | 6:12 AM ET

    Eager to buy your first home this spring? Bidding wars have broken out in hot real-estate markets like Denver and Los Angeles, where there aren't enough houses to meet demand. "Inventory is still fairly low in a lot of markets across the country," said Skylar Olsen, senior economist at real estate data firm Zillow.

  • Judge orders Greenpeace to stay away from drill ships Saturday, 9 May 2015 | 5:18 AM ET

    ANCHORAGE, Alaska— A federal judge has ordered Greenpeace protesters to stay away from Royal Dutch Shell PLC ships. U.S. District Court Judge Sharon Gleason on Friday also prohibited Greenpeace from flying unmanned vehicles over the offshore Arctic area where Shell plans to drill. Shell Offshore Inc. sued on April 7, one day after six Greenpeace protesters...

  • LOS ANGELES, May 8- Starbucks Corp on Friday said it would stop sourcing water for its Ethos Water brand in California, which is in the fourth year of a serious drought that has prompted the governor to order the state's first-ever mandatory cuts in water use by 25 percent. Starbucks bought privately held Ethos Brands LLC for $8 million in April 2005.

  • *Treasuries rise for second day after losing streak. NEW YORK, May 8- U.S. "We got' Goldilocks' employment data that has given investors a little bit of comfort to put some exposures back on because it keeps the Fed away from liftoff a little longer," said Guy Haselmann, head of U.S. interest rate strategy at Bank of Nova Scotia in New York.

  • LOS ANGELES, May 8- Starbucks Corp on Friday said it would stop sourcing water for its Ethos Water brand in California, which is in the fourth year of a serious drought that has prompted the governor to order the state's first-ever mandatory water use cuts of 25 percent. Starbucks bought privately held Ethos Brands LLC for $8 million in April.

  • *Treasuries rise for second day after losing streak. NEW YORK, May 8- U.S. "We got' Goldilocks' employment data that has given investors a little bit of comfort to put some exposures back on because it keeps the Fed away from liftoff a little longer," said Guy Haselmann, head of U.S. interest rate strategy at Bank of Nova Scotia in New York.

  • Strong U.S. dollar pressures jobs at exporters Friday, 8 May 2015 | 10:28 AM ET

    The appreciation in the currency weighed on first quarter profits across corporate America, including at soft drink giant PepsiCo Inc and toothpaste producer Colgate-Palmolive. Steel, the rise in the value of the dollar reduced profits from its sales to Europe, while also making steel from South Korea more competitive abroad, helping to force layoffs of...

  • May 7- When Kim Forrest attends dog shows, she is there not just for her two wirehaired pointing griffons. Forrest, who works for the Pittsburgh- based Fort Pitt Capital Group, believes participation in dog shows is as middle class as it gets and as such is a great economic gauge. "Many market strategists cling to the Fed minutes and other standard information," says...

  • Facebook's Seattle site leader leaves company Wednesday, 6 May 2015 | 8:43 PM ET

    SEATTLE, May 6- The leader of Facebook Inc's fast-growing Seattle office left the company last month, a spokeswoman for the online social network told Reuters on Wednesday, a crucial personnel change at Facebook's largest engineering office outside of its Silicon Valley headquarters. Engineering manager Paul Carduner, who took over leadership of the...

  • May 4- Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. Seattle Mayor Ed Murray, a Democrat who has fought against new projects by coal and oil companies, applauded the requirement by the city's...

  • Shell's Arctic return faces hurdle at Seattle port Monday, 4 May 2015 | 4:49 PM ET

    May 4- Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a permit for the company to use it as a hub for drilling rigs. Seattle Mayor Ed Murray, a Democrat who has fought against new projects by coal and oil companies, applauded the requirement by the city's...