Top News & Analysis Seattle

  • SEATTLE, July 15- The Boeing Co marked its centennial on Friday with plans to sharpen its focus on innovation, including ambitious projects for supersonic commercial flight and a rocket that could carry humans to other planets. The enterprise established by William Boeing in a Seattle boathouse has faced numerous "bet the company" moments over its 10 decades to...

  • LOS ANGELES, July 13- Starbucks Corp on Wednesday announced a financial investment and global licensing deal with Princi, an artisanal bakery based in Milan, Italy. As part of its investment, Starbucks and Milan- based Angel Lab and Pekepan Investments, will open standalone Princi cafes around the world. Starbucks in February said Italian businessman Antonio...

  • *S&P 500 sets intraday record high before edging lower. *Dow sets intraday record peak before trading unchanged. NEW YORK, July 13- Major U.S. stock indexes gave back gains on Wednesday after hitting record intraday highs and European shares slipped after a plunge in oil prices pushed energy stocks lower on both sides of the Atlantic.

  • *S&P 500, Dow set intraday record highs before turning flat. NEW YORK, July 13- Major U.S. stock indexes eased back from record intraday highs on Wednesday and European shares gave back some gains to trade little changed as investors took a breather from recent rallies. Reduced political uncertainty as Theresa May was set to take over as Britain's prime minister...

  • Bonds had weakened earlier this week as risk appetite surged on expectations of new stimulus from Japan, helping to send U.S. shares to record highs and reducing demand for safe haven bonds. The notes hit record low yields of 1.321 percent last Wednesday on concerns about slowing global growth, which were accelerated by Britain's vote to leave the European...

  • NEW YORK/ LONDON, July 12- Gold saw its biggest one-day fall in three weeks on Tuesday as global equities rallied on easing political uncertainty in Britain and hopes for more economic stimulus, which in turn curbed demand for assets perceived as safe havens. "Tensions in Britain are easing for now, as the country will soon have a new prime minister," ActivTrades...

  • WASHINGTON, July 12- U.S. highway safety regulators have demanded that Tesla Motors Inc hand over detailed information about the design, operation and testing of its Autopilot technology following a May 7 fatal crash in which the system was in use. The U.S. National Highway Traffic Safety Administration, investigating an accident that has increased scrutiny...

  • July 11- Starbucks Corp said it will raise worker pay in its U.S. stores this autumn, after employees accused the coffee chain of "extreme" cutbacks in work hours that they say are hurting morale and service. The world's biggest coffee chain will increase base pay for all U.S. baristas and managers at company-operated stores by at least 5 percent starting Oct. 3, Chief...

  • July 11- Starbucks Corp will raise the wages of all workers in its U.S. stores this autumn, after being accused by employees of "extreme" cutbacks in work hours at its American cafes. The world's biggest coffee chain will increase base pay for all U.S. workers and store managers at company-operated stores by at least 5 percent starting Oct. 3, Chief Executive Howard...

  • July 11- Starbucks Corp will raise the wages of all workers in its U.S. stores this autumn, after being accused by employees of "extreme" cutbacks in work hours at its American cafes. The world's biggest coffee chain will increase base pay for all U.S. workers and store managers at company-operated stores by at least 5 percent starting Oct. 3, Chief Executive Howard...

  • July 11- Starbucks Corp will raise wages of all workers in its U.S. stores this autumn, after being accused by employees of "extreme" cutbacks in work hours at its American cafes. The world's biggest coffee chain will increase base pay for all U.S. workers and store managers at company-operated stores by at least 5 percent starting Oct. 3, Chief Executive Howard...

  • July 11- Starbucks Corp will raise wages of all workers in its U.S. stores in October, after being accused by employees of "extreme" cutbacks in work hours at its American cafes. The world's biggest coffee chain will increase base pay for all U.S. workers and store managers at company-operated stores by at least 5 percent starting Oct. 3, Chief Executive Howard...

  • LOS ANGELES, July 10- "The Secret Life of Pets" dominated the weekend box office, racking up a massive $103.2 million and launching the first new franchise of the summer. Its success is a feather in the cap for Illumination chief Chris Meledandri, confirming his status among the ranks of animation giants. In the United States alone, Americans are expected to spend...

  • The U.S. Food and Drug Administration halted the trial after a patient died in May and two more died last week, Juno Chief Executive Officer Hans Bishop told reporters on a conference call. Seattle- based Juno said the deaths occurred after the chemotherapy agent fludarabine was added to the trial program. The company said it has proposed to the U.S. Food and Drug...

  • Shares of Juno fell 30 percent to $28.50 in after-hours trading on the Nasdaq after they closed at $40.82. A third trial patient died in May, Juno Chief Executive Officer Hans Bishop said during a conference call. The company said it has proposed to the U.S. Food and Drug Administration that the trial be continued using JCAR015 with just cyclophosphamide as a "...

  • Shares of Juno, which closed at $40.82 on Nasdaq, fell 30 percent to $28.50 in after-hours trading. Juno said the FDA asked that the company submit a revised patient consent form, investigator brochure, trial protocol, and a copy of the presentation made to the agency on Wednesday. Juno said it plans to submit the requested information to the FDA this week.

  • NEW YORK, July 7- Boeing Co is stepping up efforts to conserve cash, cut costs in its supply chain and trim inventory of parts in its factories, telling vendors it will take longer to pay bills, Boeing and aerospace industry executives said. Under the new terms, Boeing is taking up to 120 days to pay, rather than 30 days as in the past, these people said.

  • NEW YORK, July 7- Boeing Co is stepping up efforts to conserve cash, cut costs in its supply chain and trim inventory of parts in its factories, telling vendors it will take longer to pay bills, Boeing and aerospace industry executives said. Under the new terms, Boeing is taking up to 120 days to pay, rather than 30 days as in the past, these people said.

  • LOS ANGELES, June 30- An online petition accusing Starbucks Corp of "extreme" cutbacks in work hours at its U.S. cafes, hurting both employee morale and customer service, has been signed by more than 9,000 people. Starbucks Chief Executive Howard Schultz and other top brass have spoken with Jaime Prater, a Southern California barista and the online petition's...

  • NEW YORK/ LONDON, June 30- Commodities surged 13 percent this quarter in their biggest rally in over five years as investors who had shunned the asset class piled into safe-haven gold and bet on tighter supplies of oil and sugar. Bullion was one of a handful of assets across the financial markets to benefit from Britain's shock decision last week to exit the...