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Top News & Analysis Washington

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  • First Financial posts 2Q profit Thursday, 23 Jul 2015 | 6:09 PM ET

    RENTON, Wash. _ First Financial Northwest Inc. on Thursday reported second-quarter net income of $2.4 million. The bank, based in Renton, Washington, said it had earnings of 17 cents per share. Keywords: First Financial Northwest, Earnings Report.

  • Key Technology posts 3Q profit Thursday, 23 Jul 2015 | 5:39 PM ET

    WALLA WALLA, Wash. _ Key Technology Inc. on Thursday reported fiscal third-quarter net income of $295,000, after reporting a loss in the same period a year earlier. Key Technology shares have declined slightly more than 7 percent since the beginning of the year. Keywords: Key Technology, Earnings Report.

  • July 23- Starbucks Corp reported higher quarterly profit on Thursday, as new drinks like the "flat white" and food such as breakfast sandwiches and bistro boxes helped heat up sales in its dominant Americas region. Sales at Starbucks shops open at least 13 months jumped 8 percent in the U.S.-dominated Americas unit for the fiscal third quarter ended June 28.

  • Amazon shares jump on surprise 2Q profit Thursday, 23 Jul 2015 | 4:33 PM ET

    NEW YORK— Investors helped Amazon celebrate its 20th birthday, pushing the online retailer's stock up 17 percent in aftermarket trading Thursday after it reported a surprise second-quarter profit. If the jump holds in Friday trading, Amazon's stock-market value could surpass that of its longtime retail rival Wal-Mart Stores Inc., signaling a sea change in...

  • NEW YORK— Starbucks said Thursday its quarterly profit jumped 22 percent as pricier drinks and food helped lift sales at its U.S. cafes. The Seattle- based coffee chain said sales rose 8 percent in its flagship Americas unit. Starbucks Chief Financial Officer Scott Maw said in a phone interview that people are even "trading up" to newer, pricier breakfast...

  • Southwest Airlines and United Airlines posted record second-quarter earnings on Thursday even though Southwest's revenue grew just 2 percent and United's declined from a year ago. Southwest Airlines Co. earned a record $608 million in the second quarter— a 31 percent increase from a year ago, and the airline's ninth straight record-profit quarter.

  • SAN FRANCISCO, July 23- The state of Washington can require a pharmacy to deliver medicine even if the pharmacy's owner has a religious objection, a federal appeals court ruled on Thursday, the latest in a series of judgements on whether religious believers can opt out of providing services. The ruling, from the 9th U.S. Circuit Court of Appeals in San Francisco,...

  • Heritage Financial misses 2Q profit forecasts Thursday, 23 Jul 2015 | 8:45 AM ET

    OLYMPIA, Wash. _ Heritage Financial Corp. on Thursday reported second-quarter profit of $8.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Heritage Financial shares have climbed 6 percent since the beginning of the year.

  • Columbia Banking posts 2Q profit Thursday, 23 Jul 2015 | 8:42 AM ET

    TACOMA, Wash. _ Columbia Banking System Inc. on Thursday reported second-quarter earnings of $21.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Alaska Air beats 2Q profit forecasts Thursday, 23 Jul 2015 | 6:30 AM ET

    SEATTLE _ Alaska Air Group Inc. on Thursday reported second-quarter profit of $234 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share. Alaska Air shares have climbed 27 percent since the beginning of the year.

  • ANCHORAGE, Alaska— The Obama administration has given Royal Dutch Shell PLC approval to begin limited exploratory oil drilling off Alaska's northwest coast. "Without question, activities conducted offshore Alaska must be held to the highest safety, environmental protection and emergency response standards," said the bureau's director, Brian Salerno.

  • SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first public...

  • On Wednesday, University of California President Janet Napolitano announced the 10- campus system would pay its employees that much by late 2017, while a New York wage board backed an eventual $15 an hour for the state's 150,000 fast-food workers. Voters in SeaTac, Washington, population 27,875, made their suburban Seattle city the nation's first with a $15-...

  • Starbucks to let Lyft drivers, riders earn rewards points Wednesday, 22 Jul 2015 | 6:24 PM ET

    NEW YORK— Starbucks says people will soon be able earn rewards points by using the ride-hailing service Lyft, a move intended to further expand the universe of its loyalty program. People will essentially be able to earn Starbucks "stars" for using Lyft, and drivers will be given stars for reaching "certain milestones," said John Zimmer, Lyft's co-founder and...

  • TrueBlue beats 2Q profit forecasts Wednesday, 22 Jul 2015 | 6:07 PM ET

    TACOMA, Wash. _ TrueBlue Inc. on Wednesday reported second-quarter profit of $17.3 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share. TrueBlue shares have climbed 27 percent since the beginning of the year.

  • F5 beats Street 3Q forecasts Wednesday, 22 Jul 2015 | 4:24 PM ET

    SEATTLE _ F5 Networks Inc. on Wednesday reported fiscal third-quarter earnings of $93.2 million. Sixteen analysts surveyed by Zacks expected $482.6 million. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.71.

  • ANCHORAGE, Alaska— The Obama administration has given Royal Dutch Shell PLC approval to begin limited exploratory oil drilling off Alaska's northwest coast. "Without question, activities conducted offshore Alaska must be held to the highest safety, environmental protection and emergency response standards," said the bureau's director, Brian Salerno.

  • After 2 deaths, Ikea and government warn about dressers Wednesday, 22 Jul 2015 | 2:35 PM ET

    NEW YORK— A year after Ikea chests tipped over and fatally injured two boys, the Swedish furniture giant and safety regulators say consumers should keep the furniture— 27 million chests and dressers— away from children unless the products are mounted to a wall. "They are unstable when built and used without a wall anchoring device," said CPSC spokesman Scott...

  • Bernie Sanders is pressing Democratic presidential front-runner Hillary Rodham Clinton to support a federal minimum wage of $15 an hour as he pushes legislation to boost pay. His bill would phase in increases in the minimum wage to $15 an hour by 2020. While it's unlikely to pass in the Republican-controlled Congress, it puts pressure on Clinton to support...

  • The parent-kid pot talk from inside the industry Wednesday, 22 Jul 2015 | 1:09 PM ET

    NEW YORK— Soon after Colorado legalized recreational cannabis, Todd Mitchem's son proposed using the plant for a horticulture project at his Montessori school in Denver. School officials said no way, despite support from dad, a regular weed user and chief executive of a dating app and social network for fellow enthusiasts. That was early 2013. Now, pot is...