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Top News & Analysis Seattle

  • Its shares were down 2 percent at $109.30 in morning trading. Chief Executive Officer Greg Hayes said on a conference call with analysts that there had been problems with the engine's combustor liner in hot climates such as India, and some premature failures of other components. United Tech also said it still expected 2017 earnings of $6.30 to $6.60 per share,...

  • It forecast 2017 core earnings of between $9.10 and $9.30 a share, which exclude some pension and other costs, on revenue of $90.5 billion to $92.5 billion. Analysts estimated $9.28 a share on $92.964 billion in revenue, on average, according to Thomson Reuters I/B/E/S. "We think this release is pretty boring and boring is good," Robert Stallard, an analyst at...

  • Jan 20- Aviation electronics maker Rockwell Collins Inc's defense business is "really busy right now," reflecting a new emphasis on defense spending, Chief Executive Officer Kelly Ortberg said on Friday. The Cedar Rapids, Iowa- based company is bidding on more defense program contracts "and the scope of the programs is larger," Ortberg said on a conference call with...

  • SEATTLE, Jan 20- The International Association of Machinists and Aerospace Workers said it planned to petition on Friday for about 2,850 workers at Boeing Co's assembly plant in South Carolina to vote on union representation. Boeing said on Friday that a union was not in the "best interest" of its workers in South Carolina. "We believe our teammates deserve to keep...

  • SEATTLE, Jan 20- The International Association of Machinists and Aerospace Workers said it planned to petition on Friday for about 2,850 workers at Boeing Co's assembly plant in South Carolina to vote on union representation. In April 2015, South Carolina had the second-lowest union membership in the United States. The South Carolina plant, which opened in...

  • SAN FRANCISCO, Jan 18- Bankrupt South Korean shipping line Hanjin Shipping Co Ltd won U.S. court approval at a hearing on Wednesday for the $78 million sale of its stake in U.S. terminal operator Total Terminals International LLC, overcoming objections of container companies. Bankruptcy Judge John Sherwood said, adding he would approve the transfer of the...

  • SAN FRANCISCO, Jan 18- Bankrupt South Korean shipping line Hanjin Shipping Co Ltd won U.S. court approval at a hearing on Wednesday for the $78 million sale of its stake in U.S. terminal operator Total Terminals International LLC, overcoming objections of container companies. Bankruptcy Judge John Sherwood said, adding he would approve the transfer of the...

  • NEW YORK, Jan 18- U.S. Treasury yields rose on Wednesday after data showed rising consumer prices and as investors awaited a speech by Federal Reserve Chair Janet Yellen. Yellen is due to speak at 3 p.m. EST about monetary policy to the Commonwealth Club in San Francisco.

  • Jan 18- Alaska Air Group Inc said on Wednesday it expects to record $82 million in the fourth quarter in costs related to the $2.6 billion acquisition of Virgin America Inc.. The Seattle- based company said it expected unit revenue, a closely watched performance metric, for the fourth quarter ended Dec. 31, in the range of 11.24 cents to 11.29 cents, including Virgin...

  • The Trump International Hotel and Tower in Chicago.

    At the Club Quarters hotel, an employee acknowledged that requests for a room without a view of Trump's buildings happened "frequently," reports NBC News.

  • Jan 17- Boeing Co's chief executive said on Tuesday that he and President-elect Donald Trump "made progress" on lowering the cost of the Air Force One presidential aircraft fleet and on a potential sale of Boeing fighter aircraft, and suggesting a deal could be struck soon. Boeing CEO Dennis Muilenburg's visit to Trump Tower on Tuesday marked another step in...

  • Jan 13- Wal-Mart Stores Inc on Friday announced a management shuffle that integrates the running of its physical outlets and online operations, and extends broader authority to the former head of online retailer Jet.com, which Wal-Mart bought for $3.3 billion last year. Tony Rogers, the chief marketing officer of Wal-Mart in the United States, will now also...

  • NEW YORK/ LONDON, Jan 13- The price of gold turned higher on Friday, hovering below the prior session's seven-week top as the U.S. dollar weakened and U.S. Spot gold was 0.2 percent higher at $1,197.99 an ounce by 3:09 p.m. EST. U.S. gold futures settled down 0.3 percent at $1,196.20 per ounce, ahead of the U.S. holiday on Monday, when the market will close early. 1/ 8...

  • *Libya's oil production up to 750,000 bpd- deputy PM. NEW YORK, Jan 13- Oil prices fell on Friday and ended the week 3 percent lower on lingering doubts over the extent of OPEC cuts, with sentiment worsened by concerns over the economic health of the world's second-largest oil consumer, China, after it reported the steepest falls in overall exports since 2009..

  • RIG-OL-USA- BHI> That decline ended the longest weekly streak of adding rigs since August 2011. The Baker Hughes oil rig count plunged from a record 1,609 in October 2014 to a six-year low of 316 in May as U.S. crude collapsed from over $107 a barrel in June 2014 to near $26 in February 2016. U.S. crude futures were trading around $53 a barrel on Friday and set for a weekly...

  • *Many analysts expect OPEC cut compliance of 50-80 pct. NEW YORK, Jan 13- Oil prices fell on Friday and were on track to end the week lower on lingering doubts over the extent of OPEC cuts, with sentiment worsened by concerns over the economic health of the world's second-largest oil consumer, China, after it reported the steepest falls in overall exports since 2009..

  • Drone's first-person view crashing into Seattle's Space Needle

    Dramatic footage shot by a drone crashing into Seattle’s Space Needle as technicians prepare for New Year’s Eve fireworks display.

  • NEW YORK/ WASHINGTON, Jan 12- Amazon.com Inc on Thursday said it plans to create more than 100,000 jobs in the United States, from software development to warehouse work, becoming the latest company to boast a hiring spree since Donald Trump won the U.S. presidential election in November. The new hires, from Florida to Texas and California, will be key to the...

  • Jan 12- Amazon.com Inc said on Thursday it plans a hiring spree for warehouses it is building across the United States, making it the latest company to tout U.S. job creation since Donald Trump won the U.S. presidential election in November. The new hires, from Florida to Texas and California, will be key to the company's promise of two-day shipping to members of its...

  • Jan 12- Amazon.com Inc said on Thursday it would create more than 100,000 full-time jobs in the United States over the next 18 months. Seattle- based Amazon said it plans to increase its full-time U.S.-based workforce to more than 280,000 by mid-2018 from 180,000 in 2016.. "These jobs are not just in our Seattle headquarters or in Silicon Valley- they're in our...