When Dan Price said he would set a minimum salary of $70K for his 120 employees, he didn’t foresee the turmoil it would cause, NYT reports.» Read More
Oct 4- U.S. retailer Costco Wholesale Corp. Net sales at Issaquah, Washington- based Costco rose 8 percent to $9.31 billion in the five weeks ended Sept. 30. Excluding the impact of gasoline prices and foreign exchange, comparable September same-store sales were up 5 percent, Costco said.
Motorists in California paid an average of $4.232 per gallon Wednesday. That's 45 cents higher than the national average and exceeded only by Hawaii among the 50 states. Prices in New York, Connecticut and New Hampshire are at or near highs for the year.
TEHRAN, Iran-- Iranian authorities used aggressive measures Wednesday in an attempt to halt the nosedive of the country's currency, making arrests, vowing to stamp out sidewalk money changers and warning merchants against fueling the mounting public anger over the economy.
SEATTLE-- Alaska Airlines' parent company said Wednesday that its traffic rose 5.1 percent last month as its number of available seats grew. Alaska, which is run by Alaska Air Group Inc., reported a 5 percent increase in capacity compared with a year earlier. Alaska Air Group shares rose 88 cents, or 2.5 percent, to $36.56 in afternoon trading.
WASHINGTON-- Unemployment rates fell in August in nearly 90 percent of large U.S. metro areas, mainly because more people gave up looking for work. The Labor Department said Wednesday that unemployment rates dropped in 329 large cities, the most in four months.
OLYMPIA, Wash.-- Washington state is still negotiating with state workers on health benefits and associated costs. Even though a Monday deadline has passed, talks are still continuing. If the coalition of unions and the state reach a deal, the Legislature could approve the extension of the agreement date.
BERLIN-- Struggling cellphone companies T-Mobile USA and MetroPCS Communications are set to merge, in a deal that will create an operator with more than 40 million subscribers.
BOSTON-- Phil Rymsha is turning away apple pickers and cider lovers from his northern Massachusetts orchard this fall because there simply aren't enough apples on his trees.
BOISE, Idaho-- Federal regulators signed documents on Tuesday outlining an interim cleanup plan for a polluted southeastern Idaho Superfund site they say will cost $57 million and take up to five years to complete.
In Maine, New Jersey and North Carolina, officials have refused to allow new cyber-schools to open this year, citing concerns about poor academic performance, high rates of student turnover and funding models that appear to put private-sector profits ahead of student achievement.
*Third-quarter vacancy posts smallest decline in two years. NEW YORK, Oct 3- The U.S. apartment sector posted its smallest vacancy decline in nearly two years, raising the possibility that the strongest commercial real estate category may be succumbing to the sluggish economy, according to real estate research firm Reis Inc..
Oct 2- American Airlines pilots this week are expected to authorize their union to call a strike, but the union says it may decide to keep the vote secret for now.
But so far the former Alaska governor and her husband Todd Palin have not come forward to claim their share of a settlement fund established for victims of the 1989 Exxon Valdez oil spill.
Oct 2- American Airline pilots this week are expected to authorize their union to call a strike, but the union says it may decide to keep the vote secret for now.
Oct 2- In a widely expected show of force, Boeing Co's engineers and technical workers rejected a pay offer late Monday, setting the stage for talks to resume Tuesday for labor agreements covering 23,000 workers.
Oct 2- Boeing Co's engineers and technical workers rejected a pay offer late Monday in a widely expected show of force, setting the stage for talks to resume on Tuesday for labor agreements covering 23,000 workers.
NEW YORK-- Shares of Cell Therapeutics Inc. jumped Tuesday after the company said the Food and Drug Administration awarded orphan drug incentives to its brain cancer drug Opaxio. Cell Therapeutics is studying Opaxio as a treatment for glioblastoma, the most common type of brain cancer.