Archive for January, 2011

Gig Harbor house burns in two-alarm fire

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Seattle Center ‘observation wheel’ OK’d

The observation wheel will be similar to a Ferris wheel but with enclosed gondolas able to hold six to eight people. Continue Reading → Bookmark It Hide Sites

Gregoire calls for independent investigation in corrections officer’s death

Gov. Chris Gregoire said she will ask the National Institute of Corrections for a complete outside investigation to determine if proper procedures were followed and if the policies in place are adequate. Continue Reading → Bookmark It Hide Sites

WTO finds Boeing got illegal subsidies, says EU

The EU alleges Boeing received almost $24 billion in what it calls illegal subsidies, such as research grants and free use of technology, from NASA, the Department of Defense, and the states of Illinois, Kansas and Washington. Continue Reading → Bookmark It Hide Sites

Energy stocks push major indexes higher

NEW YORK (AP) — Energy companies are driving stock indexes higher after Exxon Mobil reported a quarterly profit that beat Wall Street’s expectations. Continue Reading → Bookmark It Hide Sites

Treasury announces bank warrant auction

WASHINGTON (AP) — The Treasury Department says this week it will auction off warrants it received from Boston Private Financial Holdings Inc., the latest effort to recoup the costs of the $700 billion financial bailout. Continue Reading → Bookmark It Hide Sites

Consumer spending up 0.7 percent in December

Americans spent at the fastest pace in three years in 2010, boosted by a strong finish in December. Continue Reading → Bookmark It Hide Sites

Officials: US seeks credible Egypt elections

WASHINGTON (AP) — Obama administration officials say the United States is pressing embattled ally Hosni Mubarak to institute a set of key reforms in Egypt. The most significant is credible presidential elections in September, preferably without the 82-year-old leader as a candidate. Continue Reading → Bookmark It Hide Sites

Zillow.com predicts another tough year in Puget Sound housing market

Amy Bohutinsky, VP of Marketing and Communications for Zillow.com says as far as the recovery goes, the Northwest has been about a year behind the rest of the country. Continue Reading → Bookmark It Hide Sites

Egypt’s economy hurt as travelers avoid the unrest

NEW YORK (AP) — The violence in Egypt is already hurting the country’s tourism industry, and in turn, its economy. It’s also raising fears that other Middle Eastern countries will suffer as well. Continue Reading → Bookmark It Hide Sites