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Top News & Analysis Seattle

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  • SEATTLE— Menu prices are up 21 percent and you don't have to tip at Ivar's Salmon House on Seattle's Lake Union after the restaurant decided to institute the city's $15- an-hour minimum wage two years ahead of schedule. Seattle's law, adopted last year after a strong push from labor and grass-roots activists, bumped the city's minimum wage to $11 an hour beginning...

  • PORTLAND, Ore., July 30- An icebreaking vessel key to Royal Dutch Shell's plans to drill for oil in the Arctic departed Portland, Oregon, late on Thursday, navigating between a narrow gap of environmental activists dangling from a bridge after a two-day human blockade. Several Greenpeace activists appeared to bow to orders from police to lower themselves into...

  • Cray posts 2Q profit Thursday, 30 Jul 2015 | 6:57 PM ET

    SEATTLE _ Cray Inc. on Thursday reported second-quarter net income of $5.8 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Seattle- based company said it had net income of 14 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • PORTLAND, Ore., July 30- Greenpeace protesters dangling from a bridge in Portland, Oregon, on Thursday forced back an icebreaker that Royal Dutch Shell needs in Alaska to start drilling in the Arctic. The 13 Greenpeace protesters, who rappelled down from the bridge over the Willamette River early on Wednesday, are hoping to shorten Shell's Arctic drilling season...

  • NEW YORK, July 30- Google Inc will have to make do with the low rate it must offer Microsoft Corp to use some of its Motorola Mobility patents after a U.S. appeals court on Thursday ruled the licensing rate had been properly set. Microsoft sued Motorola in 2010, alleging Motorola had breached its obligation to offer licenses at a reasonable cost.

  • Will the Internet listen to your private conversations? Wednesday, 29 Jul 2015 | 10:44 AM ET

    SAN FRANCISCO— Like a lot of teenagers, Aanya Nigam reflexively shares her whereabouts, activities and thoughts on Twitter, Instagram and other social networks without a qualm. After using the Internet-connected device for two months, Aanya, 16, started to worry that the Echo was eavesdropping on conversations in her Issaquah, Washington, living room.

  • NEW YORK, July 29- Danielle Faust, 33, is six weeks into wearing braces to fix her crooked teeth and is pretty happy about the process, but not the price. While the $5,000 for Invisalign clear aligners in South Florida where she is a freelance writer is $1,000 less than a friend is paying in New York, she is kicking herself because she missed out on a Groupon that would...

  • Tableau reports 2Q loss Wednesday, 29 Jul 2015 | 7:45 AM ET

    SEATTLE _ Tableau Software Inc. on Wednesday reported a loss of $19 million in its second quarter. The average estimate of 18 analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. Twelve analysts surveyed by Zacks expected $141 million.

  • PORTLAND, Ore., July 28- Protesters began gathering in a riverside park in Portland Tuesday evening, planning to drop kayaks in the water to protest Wednesday's scheduled launch of a ship to be used by Royal Dutch Shell for Arctic oil exploration. Following the lead of protesters in Seattle who tried to block ships headed for Shell's planned oil exploration in the...

  • WASHINGTON— In the sci-fi thriller "Ex Machina," the wonders and dangers of artificial intelligence are embodied in a beautiful, cunning android named Ava. She puts her electronic smarts to work with frightening results, manipulating and outwitting her human handlers. Just how far off in the future is a robot like the fictional Ava?

  • Plum Creek Timber tops 2Q profit forecasts Monday, 27 Jul 2015 | 4:10 PM ET

    SEATTLE _ Plum Creek Timber Co. on Monday reported second-quarter net income of $21 million. Plum Creek Timber expects full-year earnings to be $1.05 to $1.20 per share. Plum Creek Timber shares have dropped 6 percent since the beginning of the year, while the Standard& Poor's 500 index has stayed nearly flat.

  • Scary headlines don't deter investors Saturday, 25 Jul 2015 | 6:11 AM ET

    NEW YORK— The U.S. economy is growing at a painfully slow pace. Greece still threatens the euro. Neither do many on Wall Street.

  • SEATTLE— Seattle's annual Torchlight Parade is this Saturday, and Seattle police have an unusual message for people planning to go watch the parade. On their online police blotter, they are asking people to avoid overloading the cellular network during the parade by tweeting and posting photos to Facebook. Previous Seattle parades have put the cellular...

  • A look at the largest companies in the S&P 500 Friday, 24 Jul 2015 | 7:08 PM ET

    Amazon surpassed the world's largest retailer, Wal-Mart Stores Inc., in market value Friday, on the back of a strong earnings report. Amazon shares closed up nearly 10 percent, giving the Seattle company a market value of $247.77 billion, versus $230.53 billion for Wal-Mart. A company's market value is calculated by multiplying the number of shares of stock it...

  • HomeStreet misses 2Q profit forecasts Friday, 24 Jul 2015 | 5:16 PM ET

    SEATTLE _ HomeStreet Inc. on Friday reported second-quarter profit of $12.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. HomeStreet shares have risen 37 percent since the beginning of the year.

  • HARTFORD, Conn.— Momentum is building for a $15- an-hour minimum wage in Connecticut, at least for some workers, given the formation of a new low-wage worker advisory panel and this week's recommendation to raise pay for fast-food workers in neighboring New York, according to some state lawmakers and activists. The co-chairmen of the General Assembly's Labor and...

  • NEW YORK— It's official: Amazon is bigger than Wal-Mart. The sharp increase in shares brought Amazon's market value to $247.77 billion, more than its biggest rival, Wal-Mart Stores Inc., signaling a sea change in retailing. Bentonville, Arkansas- based Wal-Mart Stores is valued at about $230.53 billion.

  • July 23- Amazon.com Inc shares surged more than 17 percent on Thursday as the online retailer posted an unexpected quarterly profit, pushing its market value above that of Wal-Mart Stores Inc, the world's largest retailer. Combined with a bullish forecast for the third quarter, upbeat comments from company executives on Amazon's Prime delivery service and...

  • July 23- Starbucks Corp reported higher quarterly profit on Thursday as new food, drinks and technology helped the world's biggest coffee chain attract more customers. Sales at Starbucks shops open at least 13 months were up 7 percent globally in the latest quarter, with an estimated 23 million more customer transactions than in the year-earlier quarter as...

  • July 23- Amazon.com Inc shares surged more than 17 percent on Thursday as the online retailer posted an unexpected quarterly profit, pushing its market value above that of Wal-Mart Stores Inc, the world's largest retailer. Amazon also forecast third-quarter revenue above estimates, and reported strong sales in North America, and unprecedented growth in its...