GO
Loading...

Washington

More

  • Costco beats 2Q profit forecasts Thursday, 5 Mar 2015 | 5:13 AM ET

    ISSAQUAH, Wash.— Costco Wholesale Corp. on Thursday reported fiscal second-quarter net income of $598 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share. Costco shares have climbed roughly 4 percent since the beginning of the year, while the Standard& Poor's 500 index has increased almost 2...

  • Alder BioPharmaceuticals posts 4Q loss Wednesday, 4 Mar 2015 | 4:33 PM ET

    BOTHELL, Wash. _ Alder BioPharmaceuticals Inc. on Wednesday reported a loss of $6.9 million in its fourth quarter. Alder BioPharmaceuticals shares have dropped 8.5 percent since the beginning of the year. Keywords: Alder BioPharmaceuticals, Earnings Report.

  • WASHINGTON— The never-ending political fight over health care hit the Supreme Court Wednesday, and insurance coverage for millions of Americans is on the line. Yes, but foes of President Barack Obama's signature law hope this time the justices will gut "Obamacare." Actually, a lot has changed since the Supreme Court's big health care decision of 2012..

  • WASHINGTON— In a rare burst of bipartisanship, the House moved Wednesday to boost Amtrak's popular service between Boston and Washington while giving states a greater say in the local routes they help subsidize. But in a compromise between Democrats and Republicans, the bill separates Amtrak's Northeast Corridor service between Boston and Washington from...

  • A federal judge holds a hearing Tuesday on Seattle's minimum wage law, which treats franchisees of companies such as McDonald's and 7- Eleven as big businesses although many are owned by individuals and have a handful of employees. The agency's Office of General Counsel contends McDonald's is a joint employer with its franchisees, and should be held...

  • TORONTO, March 4- When the world's miners head for Toronto each year to attend their industry's annual conference, they arrive with certain expectations. But this year's gathering of the Prospectors and Developers Association of Canada is a more subdued affair, with lavish spreads and grand lodgings increasingly giving way to cheese platters and Airbnb...

  • NEW YORK, March 3- Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African nation. Higher prices imposed by Saudi Arabia on its crude buyers in Asia, the United States and northwest Europe was another...

  • *Netanyahu hits out against Iran in U.S. Congress, fueling rise. NEW YORK, March 3- Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, and rival Libyan forces targeted oil terminals in the African nation. Gains accelerated just before noon in New York when...

  • WASHINGTON— Republicans controlling the Senate moved Tuesday to try to reverse a new National Labor Relations Board rule that would shorten the time between a union's request for representation and the vote on whether to certify a union. But the White House promised to veto the measure just before the Senate's 53-45 party-line vote. The White House statement...

  • WASHINGTON, March 3- The Federal Aviation Administration is seeking ways to speed up the approval process for commercial drone operations, but its efforts have been hindered by its lack of authority to review multiple applications on a group basis, the FAA chief said on Tuesday. The FAA recently proposed new regulations that would lift the current ban on most...

  • *Israel, Iran tight-lipped on decades-old arbitration. *Pressure in Israel to remove secrecy. But since the 1979 revolution that brought the ayatollahs to power, Iran has been demanding its share of revenues and assets that remained in Israel.

  • OREGON CITY, Ore.— The family of a cleaning worker who was killed when he fell into a running industrial meat blender at an Oregon plant is suing the meat distributor for $5 million. The 41- year-old man, Hugo Avalos-Chanon of Portland, was working for a cleaning contractor in April 2013 when the machine turned on and he was pulled into the equipment legs first.

  • SEATTLE— Several environmental groups on Monday sued the Port of Seattle to prevent Royal Dutch Shell PLC from using Seattle's waterfront as a homeport for its Arctic oil drilling fleet. The Port of Seattle in early February signed a two-year lease with Foss Maritime Co., whose client is Shell, to rent 50 acres across from downtown Seattle.

  • UNCASVILLE, Conn.— The parent company of the Mohegan Sun casinos in Connecticut and Pennsylvania has elevated a key official to president. The Mohegan Tribal Gaming Authority announced Monday that Robert Soper, president and CEO of the Connecticut casino, will succeed Mitchell Grossinger Etess on March 30. Mohegan Sun has come up short in bidding competitions...

  • Costco strikes credit card deal with Citi, Visa Monday, 2 Mar 2015 | 8:36 AM ET

    NEW YORK— Costco says it struck a deal for Citi to be the exclusive issuer of its co-branded credit cards, with Visa replacing American Express as the card network. Costco and American Express ended their partnership after failing to reach an agreement on renewal terms. David Sherwood, Costco's director of finance and investor relations, said in a phone...

  • Recalls this week: hand trucks, ceiling fans Friday, 27 Feb 2015 | 3:10 PM ET

    DETAILS: Cosco Home& Office Products 3- in-1 convertible aluminum hand trucks with model numbers 12-301 ABL and 12-301 ABL1. They were manufactured from January 2009 to October 2011. They were sold at Ace Hardware, Costco Wholesale Club, Lowe's, Price Mart and United Stationers and online at The Home Depot.com from March 2009 to October 2011.

  • TULALIP, Wash.— The Justice Department's announcement in December that it would allow the nation's Indian tribes to legalize and regulate marijuana on their reservations brought notes of caution— if not silence or opposition— from many tribes. Representatives of about 75 tribes from around the country converged on the Tulalip Indian Tribes' resort and casino...

  • Dredging work finished on Snake and Clearwater rivers Friday, 27 Feb 2015 | 12:26 PM ET

    LEWISTON, Idaho— Dredging work in the Snake and Clearwater rivers near the Idaho and Washington state border to aid barge traffic is finished. The U.S. Army Corps of Engineers tells the Lewiston Tribune that work wrapped up Thursday, a few days ahead of schedule. The dredging is part of a $16 million plan to deal with sediment that forms in slack water created by the...

  • MUMBAI, Feb 27- The firm behind Cafe Coffee Day, India's biggest homegrown coffee chain, is set for a market debut that could value it at almost $1 billion, even as the country's burgeoning cafe culture draws global giants Starbucks and McDonald's. Cafe Coffee Day, a cafe pioneer in India, aims to list a 20 percent stake, raising roughly $200 million, within the next...

  • ClearSign reports 4Q loss Friday, 27 Feb 2015 | 5:13 AM ET

    SEATTLE _ ClearSign Combustion Corp. on Thursday reported a loss of $2.3 million in its fourth quarter. The Seattle- based company said it had a loss of 24 cents per share. Keywords: ClearSign Combustion, Earnings Report.