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Top News & Analysis Seattle

  • 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...

  • Jan 9- Canada's Valeant Pharmaceuticals International Inc said its affiliate will sell its Dendreon cancer business to China's Sanpower Group Co Ltd for $819.9 million, as the drugmaker continues to shed its non-core assets to repay debt. Dendreon makes prostate cancer vaccine Provenge that was approved by the U.S. Food and Drug Administration in 2010..

  • SEATTLE, Jan 4- Boeing Co said on Wednesday it had booked firm orders for 80 of its 737 MAX 8 aircraft, valued at $8.8 billion at list prices, upping its 2016 tally but leaving it short of its goal. Boeing Chief Executive Dennis Muilenburg affirmed the company's overall order target in July. GE supplies engines for the 737 MAX through CFM International, a joint venture...

  • The bankruptcy auction of Los Angeles- based American Apparel, which made its branding theme "Made in the U.S.A", will determine the future of a major clothing manufacturing plant in California, one of the most expensive U.S. states in terms of labor costs. Amazon and Forever 21, as well as California- based apparel maker Next Level Apparel and brand licensor...

  • Jan 4- Boeing Co said on Wednesday it had received a firm order for 75 of its 737 MAX 8 aircraft, valued at $8.25 billion at list prices, from General Electric Co's commercial aircraft leasing and financing arm. Through December 20, it had booked 470 net orders. On Dec. 27, Delta Air Lines said it was cancelling an order for 18 Boeing 787 Dreamliners.

  • Seattle- based Amazon, known for its roller-coaster results in years past, had forecast that operating income would range from zero to $1.25 billion in the fourth quarter. Shares were up 0.6 percent at $758.48 in afternoon trading. But this was expected, said analyst Jan Dawson of Jackdaw Research.

  • Jan 4- Amazon.com Inc shipped 50 percent more items during the past holiday season than the prior year for third-party vendors and doubled the amount for 2016 overall, the world's largest online retailer said on Wednesday. The data may offer hope to investors looking for Amazon to post a profit for the fourth quarter when it announces results in the coming weeks.

  • Jan 4- Amazon.com Inc shipped 50 percent more items this holiday season than last for third-party vendors and doubled the amount for 2016 overall, the retail giant said on Wednesday. Seattle- based Amazon, known for its roller coaster results in years past, has forecast that operating income would range from nothing to $1.25 billion. Third-party sales were "...

  • Dec 27- U.S. consumer confidence shot to its highest in more than 15 years in December as Americans saw more strength ahead in business conditions, stock prices and the job market following the election of Donald Trump as president in November. The gain in confidence was entirely due to rising expectations as consumers' assessments of current conditions dipped,...

  • BOSTON, Dec 27- Before New York's famed 21 Club steakhouse drew attention in November for hosting Donald Trump, the wealthy U.S. president-elect, it quietly fed other public representatives: trustees of Paris- based AXA SA investment funds. A 2011 holiday party at a Del Frisco's restaurant cost $25,775, a $1,000 average for each of roughly 25 people present.

  • Dec 19- Delta Air Lines Inc, which has expanded its own operations in the Pacific Northwest, will end its codeshare agreement next year with Alaska Air Group Inc, which is acquiring Virgin America Inc, Delta said on Monday. Delta and Alaska codeshare on only a small number of flights as Delta's growth in Seattle has reduced the need for codeshare flying, the company...

  • NEW YORK, Dec 19- Just how much would you give up for your children to go to their dream schools? For Seattle's Al Sanders, the answer was his precious stash of 5,000 comics starring everyone from the Avengers to Iron Man to the Fantastic Four. It was a tough decision for the lifelong comic fan, but the four-figure proceeds helped with his daughter's first year at Fisk...

  • NEW YORK, Dec 19- Just how much would you give up for your children to go to their dream schools? For Seattle's Al Sanders, the answer was his precious stash of 5,000 comics starring everyone from the Avengers to Iron Man to the Fantastic Four. It was a tough decision for the lifelong comic fan, but the four-figure proceeds helped with his daughter's first year at Fisk...