Puget Sound Business Journal

01/27/2023

Boeing rethinking its plans for China Max jets

Boeing's latest outlook excluded potential deliveries to China, but the Max's return in the country could indicate a thawing of the relationship.

01/27/2023

Alaska Airlines expects PNW to drive growth after profitable year

Growth is expected to continue and be heavily concentrated in the Pacific Northwest in the coming year, CEO Ben Minicucci said Thursday.

01/27/2023

These are the busiest Q4 routes at Sea-Tac Airport

The holiday travel season is ramping up. Here's a look at the busiest routes at Seattle-Tacoma International Airport in the fourth quarter.

01/27/2023

Bellevue hotel taps star chef for restaurant ahead of opening

It's one of several high-profile restaurants coming to the InterContinental Hotel. The openings will add to a growing slate of big-name restaurateurs coming to the Eastside.

01/26/2023

Medical tech company Know Labs names new CEO

He replaces Phil Bosua, who has led the Seattle-based public company as CEO since 2018.

01/26/2023

Mass layoffs will result in a surge in business startups — again

The mass layoffs spreading across the economy will result in a surge of new business startups, but this time the opportunities are different and plentiful.

01/26/2023

Report: Record number of households look to move out of their metro

A record 24.6% of Redfin users in Q4 looked for homes outside of their market, up 22.1% from a year earlier and about 18% more than before the pandemic.

01/26/2023

Are big tech's layoffs a harbinger of things to come?

Tech layoffs don't mean doom and gloom for the job market — at least not yet. Here's what it means for the job market.

01/26/2023

After $7M sale, it's rags to wines for an old S**o warehouse

S**o, where a Spokane-based vintner is planning a wine production facility, is becoming a bigger part of the state's wine industry.

01/26/2023

Tacoma's Theater District set for another apartment project

Tacoma’s Theater District is seeing a significant amount of new residential development, as well as high-end restaurants including Cuerno Bravo Steakhouse.

01/26/2023

Seattle Boat Show rides rising tide of interest

Seattle Boat Show organizer George Harris says the pandemic got people into outdoor recreation, including boating. That wave of interest is expected to translate into 40,000 visitors to next month's show.

01/26/2023

F5 to acquire app delivery company Lilac Cloud

The companies expect the deal to close in the next quarter.

01/26/2023

Evergreens co-founders plan project near Climate Pledge Arena

Evergreens co-founders Todd Fishman and Hunter Brooks want to convert the landmarked Bressi Garage into an assembly space with food, drinks and yard games.

01/26/2023

Zócalo Health hires emergency medicine doctor as chief medical officer

Sarah Lopez's appointment to the role comes as Seattle-based Zócalo Health looks to expand its services.

01/26/2023

Redmond apartment project construction to start as rents fall

Developer MainStreet Property Group says despite recent rent drops, it remains bullish on the suburb's mid- to long-term rental market.

01/26/2023

Small towns and suburbs are trying to seize the WFH moment

The pandemic fueled remote-work shift has given small town America a second chance at fresh growth. But is time running out?

01/26/2023

Microsoft reports $800M in layoff expenses

Microsoft said it recorded $800 million in employee severance expenses last quarter "related to job eliminations as part of an ongoing employee benefit plan."

01/25/2023

Boeing reports big loss, but gets boost from commercial deliveries

Boeing CEO David Calhoun hinted at potential investments this year to support higher production rates at the jet maker's factories.

01/25/2023

Here's who from Seattle earned 2023 James Beard award nominations

The James Beard awards are widely considered the Oscars of the culinary world. Here's who from Seattle earned nominations this year.

01/25/2023

Satellite maker LeoStella names new CEO to lead expansion efforts

Tim Kienberger, a former Boeing Co. chief engineer and director, succeeds Mike Hettich as CEO at Tukwila satellite maker LeoStella.

01/25/2023

The other hidden cost of bringing employees back to the office

There are hidden costs when requiring employees to come back to the office — and it's not just potentially missing out on talent

01/25/2023

Report: Most Seattle-area hotels 'fully recovered' from the pandemic

"Most hotels in and near Seattle have fully recovered from the impact of the coronavirus pandemic," Kidder Mathews said in its report.

01/25/2023

First Mode closes $1.5B merger with Anglo American's nuGen

NuGen is the clean energy division of the global mining company Anglo American, which is investing $200 million in Seattle-based First Mode as part of the deal.

01/25/2023

Former Uber engineers launch developer tool DevZero with $26M

The Seattle-based company's software helps developers code in the cloud.

01/25/2023

New demand for Seattle office space fell sharply in December

The continued momentum of the return-to-office trend will likely mitigate some of the erosion of office demand, the proptech company VTS reports.

01/25/2023

NTSB says likely bird strike a factor in second Boeing Max crash

The agency's comments are its second rebuttal of certain findings by Ethiopia regarding the Ethiopian Airlines crash in March 2019.

01/25/2023

Paccar hits gas on production as customers refresh freight fleets

“We as an industry have not built enough trucks over the past few years,” Paccar CEO Preston Feight says.

01/25/2023

There's a lingering disconnect that's worsening the labor shortage

Businesses need workers and colleges want to help — but there’s a big gap on the ground.

01/25/2023

Microsoft says it may not be done cutting office space

Microsoft's earnings show the tech industry's explosive growth during the pandemic appears to be in the rearview mirror.

01/24/2023

East Coast CRE company opens Seattle office led by 2 local brokers

The brokers leading the Seattle office have helped facilitate nearly $500 million in deals.

01/24/2023

Are employers regaining their leverage on pay? It's complicated.

Despite a series of high-profile layoffs, job candidates still feel relatively confident — but employers are growing more bullish also. Does that mean they've regained their leverage in the hiring process? It's complicated.

01/24/2023

Checking off our first event of the year last Thursday with our 2023 Economic Outlook ✅

We held this event at the Seattle Convention Center’s new addition, the Summit building 🙌

01/24/2023

Pair of hydrogen aviation projects in Washington take a step forward

The two tests set up the companies for certification efforts.

01/24/2023

Karat adds to list of Seattle-area unicorns with layoffs

The Seattle-based interviewing startup says it is self-funding certain investments and needed to restructure multiple teams.

01/24/2023

Century Square owner sues Twitter over alleged unpaid rent

The lawsuit, filed in King County Superior Court, accuses Twitter of defaulting on its lease for its Seattle offices.

01/24/2023

Quantum Windows and Doors to relocate to Arlington industrial park

The relocation is an expansion for the Everett-based maker of high-end residential windows and doors.

01/24/2023

Amazon hires VP of worldwide corporate real estate

Amazon's new vice president of global real estate chaired the Seattle Design Commission last decade when Amazon developed its downtown high-rise campus.

01/24/2023

Alaska USA Federal Credit Union to rebrand with new name

The new brand name for the credit union reflects the fact that it serves customers around the globe.

01/24/2023

Nordstrom's holiday sales disappoint as consumer spending slows

Nordstrom's sales have been hit by a slowdown in spending, particularly at the retailer's Nordstrom Rack clearance stores.

01/24/2023

Bank of America's former Seattle market president joins JPMorgan Chase

Kerri Schroeder joins JPMorgan Chase after 24 years at Bank of America, where she was most recently Seattle market president.