Top News & Analysis Seattle

  • Young men in Los Angeles, California.

    In San Francisco, it could take decades.

  • For Boeing's proposed twin-aisle jetliner, known internally as NMA, Boeing's Test& Evaluation group is developing the technology to replace costly and labor intensive physical safety tests used for decades- such as using machines to bend the wings to extreme angles and shaking the fuselage until it cracks- with computer modeling, according to three people...

  • NEW YORK, June 14- The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more dovish tilt after policymakers raised expectations for a rate cut in recent weeks. Bets for a rate cut were amplified by comments from Fed Chairman Jerome Powell on June 4, who...

  • WASHINGTON, June 13- Democratic presidential hopeful Joe Biden on Thursday took umbrage with e-commerce giant Amazon.com Inc's $0 federal tax bill in 2018 and said no company making billions in profits should pay a lower tax rate than firefighters and teachers. The former U.S. vice president's remark comes at a time when Amazon has been repeatedly criticized...

  • June 10- Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps businesses target customers with tools to analyze and visualize data. The business of analyzing data is fast becoming a battleground, with tech behemoths Alphabet...

  • June 11- Amazon.com Inc said on Tuesday it would end its restaurant food delivery service in the U.S. later this month, giving in to intense competition from GrubHub Inc, DoorDash, Uber Technologies' Uber Eats services. "As of June 24th, we will be discontinuing the Amazon Restaurants business in the U.S. Amazon Restaurants was launched in 2015 in Seattle and was...

  • Young women pose in front of the New York City skyline in Brooklyn, New York.

    In New York City, you need to earn six figures.

  • TOKYO, June 6- Sir Richard Branson's Virgin Orbit said on Thursday it plans to bring its satellite launch system to Japan in partnership with airline operator ANA Holdings Inc, which will provide maintenance and possibly aircraft. Virgin Orbit, which aims to offer launch services for small satellites, and ANA Holdings, parent of All Nippon Airways, in a joint...

  • SEATTLE, June 5- Boeing Co's effort to build the world's largest twin-engined jet, the 777 X, continues to be hampered by challenges with General Electric Co's new GE9X turbine engine, a top Boeing executive said on Wednesday. Dubai's Emirates has said it expects to fly its first 777 X in June 2020, a date now widely seen in doubt. Boeing Chief Financial Officer Greg...

  • SEATTLE, June 5- Boeing Co's effort to build the world's largest twin-engined jet, the 777 X, continues to be hampered by challenges with General Electric Co's new GE9X turbine engine, a top Boeing executive said on Wednesday. Dubai's Emirates has said it expects to fly its first 777 X in June 2020, a date now widely seen in doubt. Boeing Chief Financial Officer Greg...

  • NEW YORK, June 5- The U.S. Treasuries market resumed its rally on Wednesday with two-year yields hitting their lowest since December 2017 in the wake of a report that showed private domestic jobs growth decelerated in May to its weakest level in over nine years. Analysts have blamed the weakening U.S. data on escalating trade tensions between the United States...

  • TOKYO, June 5- Japan's Mitsubishi Heavy Industries Ltd, which has been developing its own regional jet program, said on Wednesday it was in talks to buy Bombardier Inc's CRJ aircraft business. The company is exploring "all strategic options" for the program including a potential sale, Bombardier Chief Executive Alain Bellemare told Reuters in January.

  • ASTELLAS PHARMA, SEATTLE GENETICS DRUG SHRINKS TUMORS IN 44% OF ADVANCED BLADDER CANCER PATIENTS, INCLUDING 12% COMPLETE RESPONSES- STUDY.

  • NEW YORK, May 30- Benchmark U.S. Treasury yields held just above 20- month lows on Thursday as concerns about the U.S.- China trade war denting global growth sustained demand for the safe haven debt. Yields have tumbled this week on concerns about the U.S.- China trade war and tensions between Italy and the European Union, as well as on expectations that U.S....

  • WINNIPEG, Manitoba/ OTTAWA, May 30- Longshore workers at Canada's biggest port, the Port of Vancouver, were locked out on Thursday in a labor dispute over technology changes, potentially grinding most shipping there to a halt. Jim Thompson, a spokesman for the International Longshore and Warehouse Union Canada, said the lockout had started in at least some work...

  • *Trump says "not yet ready" to make a deal with China. May 28- U.S. stocks rose slightly on Tuesday, propped up by a rise in technology stocks, but the likelihood of a protracted trade war between the United States and China kept investors on edge. "There is not a lot of news and not a lot of hope on U.S.- China trade at the moment, but it's also not getting worse so that is what is...

  • They say the first $100,000 is the hardest.

  • CHICAGO/ SEATTLE May 24- United Airlines said on Friday it is extending by one month its cancellations of Boeing Co 737 MAX flights, through Aug. 3, as the jetliner remains grounded following two fatal crashes. The worldwide grounding in March of Boeing's fast-selling aircraft followed a crash in Indonesia and another in Ethiopia that killed a combined 346...

  • CHICAGO, May 24- United Airlines said on Friday it is extending by one month its cancellations of Boeing Co 737 MAX flights, through Aug. 3, leading to about 40 or 45 daily canceled flights. Reuters reported on Thursday that the Federal Aviation Administration expects to approve the 737 MAX jet to return to service as soon as late June, according to people familiar...