GO
Loading...

Washington

More

  • Colorado considers ban on welfare cards at pot shops Friday, 30 Jan 2015 | 12:22 PM ET

    DENVER— Welfare money or food stamps for marijuana? It's an urban legend that won't go away in Colorado, and state lawmakers this year are poised to pass a law clarifying that public benefit cards can't be used at dispensary ATMs. A bill facing its first hearing next week in the state Senate would add marijuana businesses and strip clubs to the list of Colorado...

  • Paccar beats Street 4Q forecasts Friday, 30 Jan 2015 | 8:21 AM ET

    BELLEVUE, Wash. _ Paccar Inc. on Friday reported fourth-quarter net income of $394.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. Paccar shares have declined nearly 6 percent since the beginning of the year, while the Standard& Poor's 500 index has declined roughly 2 percent.

  • Weyerhaeuser misses Street 4Q forecasts Friday, 30 Jan 2015 | 5:10 AM ET

    FEDERAL WAY, Wash. _ Weyerhaeuser Co. on Friday reported fourth-quarter profit of $177 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Weyerhaeuser shares have decreased slightly more than 1 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased...

  • NEW YORK— Amazon.com Inc.' s fourth-quarter earnings roundly beat analyst expectations, sending the Seattle e-commerce giant's stock soaring 11 percent in premarket trading Friday. Investors have long wanted Amazon to show some restraint as it invests in its business, and this metric seemed to be a sign that Amazon is willing to do that. Wedbush Securities...

  • Jan 29- Bankrupt drugmaker Dendreon Corp has reached a stalking-horse deal with Canada's Valeant Pharmaceuticals International Inc to sell the worldwide rights to its cancer vaccine, Provenge, and certain assets for $296 million. The deal is subject to higher and better bids and extended the bid deadline to Feb. 10 for interested parties to participate in an...

  • Valeant to buy worldwide rights to Dendreon's Provenge Thursday, 29 Jan 2015 | 9:29 PM ET

    Jan 29- Valeant Pharmaceuticals International Inc said it would buy the worldwide rights of Dendreon Corp's Provenge drug and certain other assets through a "stalking horse" deal for $296 million. Seattle- based Dendreon filed for bankruptcy protection in November, after sales of its cancer vaccine fell short of expectations and left the company deep in debt.

  • WASHINGTON, Jan 29- President Barack Obama will call for a 7 percent rise in U.S. domestic and military spending in his budget that would end caps known as' sequestration,' the White House said on Thursday, setting up a new source of conflict with Republicans in Congress. The White House rejects that criticism and hopes Obama can find common ground with lawmakers...

  • Riverview Bancorp posts 3Q profit Thursday, 29 Jan 2015 | 5:16 PM ET

    VANCOUVER, Wash. _ Riverview Bancorp Inc. on Thursday reported fiscal third-quarter net income of $1.1 million. The holding company for Riverview Community Bank posted revenue of $9 million in the period. Keywords: Riverview Bancorp, Earnings Report.

  • Amazon's big spending pays off in 4th quarter Thursday, 29 Jan 2015 | 5:14 PM ET

    NEW YORK— It was a Prime quarter for Amazon. Amazon surprised investors on Thursday with a fourth-quarter profit that soundly beat expectations, despite a continued increase in spending and a slight sales miss, partly linked to the strong dollar. After raising Amazon's price to $99 from $89 last year, Amazon beefed up offerings, added a grocery delivery services...

  • Amazon shares spike as 4Q profit beats by a mile Thursday, 29 Jan 2015 | 4:09 PM ET

    Amazon's strategy always has been to spend a big chunk of the money it makes to grow and expand into new areas like cloud computing, streaming video and hardware— and that has affected profitability to investors' sometime chagrin. Amazon earned 45 cents per share for the three months ended in December, easily topping Wall Street expectations.

  • Jan 29- U.S. vehicle safety regulators want to find whistleblowers with knowledge "of possible defects or any wrongdoing" by Takata Corp, stepping up pressure on the air bag maker whose products are linked to five deaths and dozens of injuries. The National Highway Traffic Safety Administration told Reuters it was urging potential informants to call its...

  • First Financial posts 4Q profit Thursday, 29 Jan 2015 | 11:48 AM ET

    RENTON, Wash. _ First Financial Northwest Inc. on Thursday reported fourth-quarter earnings of $2.9 million. The Renton, Washington- based bank said it had earnings of 20 cents per share. Keywords: First Financial Northwest, Earnings Report.

  • Columbia Banking misses Street 4Q forecasts Thursday, 29 Jan 2015 | 11:21 AM ET

    TACOMA, Wash. _ Columbia Banking System Inc. on Thursday reported fourth-quarter net income of $18.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Analysts expected $99.8 million, according to Zacks.

  • Heritage Financial beats Street 4Q forecasts Thursday, 29 Jan 2015 | 11:07 AM ET

    OLYMPIA, Wash. _ Heritage Financial Corp. on Thursday reported fourth-quarter profit of $7.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share. Analysts expected $38.6 million, according to Zacks.

  • WASHINGTON, Jan 29- President Barack Obama's budget will call for an increase in domestic and military spending that would end spending caps known as "sequestration," a White House official said, setting up a new source of conflict with Republicans in Congress. The fiscal 2016 budget, which the White House intends to unveil on Monday, would fund a host of programs...

  • BILLINGS, Mont.— Oil pipeline accidents have become increasingly frequent in the U.S. as Congress presses the Obama administration to approve the Keystone XL pipeline— a project that would pass near the spot where 30,000 gallons of crude spilled into Montana's Yellowstone River earlier this month. Yet in the politically charged debate over Keystone, its...

  • NEW YORK, Jan 29- Time Warner's HBO is preparing to sell a standalone service over the Internet for the first time, in one of the most closely watched moves in pay TV history. The idea was that the technology would not only support HBO but potentially other Time Warner offerings, such as Turner Broadcasting and Warner Bros. But these sources said that much of the plan...

  • SEATTLE— A plan to allow Royal Dutch Shell PLC to use Seattle's waterfront as a homeport for its Arctic drilling fleet is drawing opposition from environmental groups that say it's not consistent with the region's environmental goals. Several state and national groups, and local city leaders on Wednesday urged the Port of Seattle to halt lease negotiations...

  • DENVER— Tourists who fly to Colorado, home of legal pot, can forget about buying souvenir boxer shorts, socks or sandals with a marijuana leaf on them when passing through the Denver airport. Airport executives extended the ban this month after a retailer sought a free-standing kiosk to sell the boxer shorts and similar items that played off Colorado's place as...

  • WILLISTON, N.D., Jan XX- North Dakota's oil industry is pushing to change the state's radioactive waste disposal laws as part of a broad effort to conserve cash as oil prices tumble. That's because rules prohibit North Dakota landfills from accepting anything but miniscule amounts of radiation. But the oil industry says allowing North Dakota's landfills to...