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Outfront

August, OutFront Briefcase

BOTHELL -- Nastech Pharmaceuticals has changed its name to MDRNA and has a new CEO, Michael French....

August, OutFront Cold Spring Cools Expectations For Cherries, Slurpees

Washington state's cherry crop was smaller than expected, due to colder-than-Siberia weather in May...

August, OutFront Seattle Organizations Earn Green Cred

Three Seattle-based entities -- the Cascade Land Conservancy, Vulcan Inc. and real estate...

August, OutFront New Microsoft Casino Computers Come With Flirt Function

New Microsoft Surface tabletop computers in a Las Vegas casino have been installed with software...

August, OutFront Smaller Airlines Targeting Washington

Three Portland investors have launched a new airline that connects the Rose City with Seattle. On...

August, OutFront Window Shopping

Historic properties around the state

August, OutFront Cargo Volumes Peak

The Port of Everett is scaling back an expansion after a report from a consultant suggested that...

August, OutFront Moses Lake is Like the Moon

Turns out, Moses Lake makes a fine stand-in for the moon.

Preparing to send astronauts to the moon...

August, OutFront Some Good Housing News - Sort of

Perhaps the only upside to declining home prices is that our property taxes might go down. And then...

August, OutFront Community Papers Scooped Up

Sound Publishing Inc. has purchased the Enumclaw Courier-Herald and Bonney Lake Courier-Herald...

August, OutFront Washington CEO Magazine Named One of the Top Regional Business Magazines

Washington CEO Magazine received a gold and two silver awards in the 2008 Editorial Excellence...

August, OutFront Columbia, Covey Run Sold

A brand-new California wine company has acquired one of Washington's oldest wineries, along with...

Sports Biz

Microsoft exec who led Yahoo buyout team to leave

Microsoft Corp. on Wednesday said Kevin Johnson, the executive in charge of its Windows and Web operations and an instrumental player in the company's failed $47.5 billion bid to buy Yahoo Inc., is leaving the company.


Costco warns of Q4 earnings miss, and stock tumbles

Shares in Costco fell nearly 12 percent in Wednesday trading, dropping $8.57 to close at $63.43. Costco will report its fourth-quarter earnings on Oct. 8.

 


No sign yet of a bottom in home prices

The answer is critical to millions of American homeowners who are watching their home equity melt away or are unable to move because falling values have sent potential buyers to the sidelines. Even if you don?t own a home, the...


Microsoft looks to 'Mojave' to revive Vista's image

Microsoft last week traveled to San Francisco, rounding up Windows XP users who had negative impressions of Vista. The subjects were put on video, asked about their Vista impressions, and then shown a "new" operating system,...


Within five years, technology will obliterate the need for business travel

Apart from becoming more and more unpleasant, recently business travel is also becoming far less necessary. With videoconferencing technologies improving and fuel prices rising, more businessmen and women seem to be choosing the...


Housing bill heads to Senate; Bush withdraws veto threat

The House approved a sweeping plan Wednesday to ease the country's most serious housing crisis since the Great Depression by providing aid to homeowners facing foreclosure and a federal backstop for struggling mortgage giants...


WaMu Falls 20% as Analysts See Need for More Capital

Washington Mutual Inc., the biggest U.S. savings and loan, fell 20 percent in New York trading after failing to convince some analysts that it has enough cash to weather more declines in the housing market.


Earnings: Boeing surprises analysts with poor second quarter

Boeing announced a second-quarter profit of $852 million, which was down from its profit of $1.05 billion in the same quarter last year. Revenues were down a fraction of a percentage point, falling to $16.96 billion from $17.03...


Earnings: Higher fuel prices help drive more consumers to Amazon

The Seattle company beat Wall Street expectations, and its stock climbed more than 8 percent, to surpass $76 in after-hours trading on Wednesday.


Puget Energy buyers will trim deal's debt by $200 million

The aspiring buyers of Washington's largest utility agreed to put an additional $200 million of their own money into the proposed $7.8 billion acquisition as part of an agreement with several groups critical of the planned sale...


Nominee questions tanker process

The nominee to lead the Air Force said Tuesday a recent report detailing numerous problems with a $35 billion tanker contract was "troubling," and he is planning reviews of the service's process of awarding contracts.


Europe gives Paccar's quarterly income a boost

The Bellevue-based parent of Kenworth, Peterbilt and DAF trucks on Tuesday reported second-quarter net income of $313.5 million, or 86 cents a share, up from $298.3 million, or 79 cents a share, in the year-ago quarter. Revenue...


Mortgage woes continue to wallop WaMu

Washington Mutual Inc. reported the biggest quarterly loss in its history -- $3.3 billion in the second quarter -- as it furiously stuffed more money into loan-loss reserves in an effort to keep ahead of a rising tide of...


Westfield Southcenter ready for unveiling of its remodel

At 10 a.m. Friday, Westfield Southcenter opens the doors to a $240 million expansion that makes it the largest indoor mall in Washington and Oregon.


IAC to take $170M in charges for spinoffs

Internet conglomerate IAC/InterActiveCorp, preparing to spin off four of its operating units, said late Tuesday it plans to take about $170 million in charges because the housing crisis has diminished the value of its mortgage...


Microsoft Lets Xbox Live Users Build And Sell Their Own Games

Microsoft on Tuesday said it's opening up the popular console to games created by gamers using the company's XNA Game Studio software. "We're creating an opportunity for aspiring developers to start their careers on the world...


Independent grocers tell Seattle to bag proposed 20-cent tax

Seattle Mayor Greg Nickels wants the city's grocery, drug and convenience stores to start charging a 20-cent tax on disposable bags beginning next year.


Ground broken on new $500M Gates Foundation headquarters

The 900,000-square-foot campus, which will consist of two six-story office buildings and a visitors center, is slated to open by the end of 2010.


Can the $11,000 Clover Machine Save Starbucks?

A single cup of custom-made coffee that's Jessica Alba hot, Bill Gates rich, and as unique as a snowflake. No foam. No caramel. No whip. Just beans and water -- pushed through a cool little machine called the Clover -- for a...


WaMu Posts Big Loss But Says Capital Is Sufficient

Washington Mutual, the largest U.S. savings and loan, posted a $3.33 billion second-quarter loss, boosting its reserve for loan losses as the number of soured mortgages soared


Apple stock drops despite jump in Q3 profit

Shares of Apple Inc. fell sharply as investors focused more on the company's cautious guidance for the current quarter than on the blockbuster Macintosh and iPod sales during the previous three-month period.


Amazon web storage service down Sunday

Amazon.com's web data storage service, S3, went down Sunday, causing interruptions of up to eight hours for some customers.


Yahoo Deal Wards Off Proxy Fight

Yahoo's board and management earned a reprieve after a weekend deal ended a bruising and acrimonious fight for control of the company with Carl C. Icahn.


'Save our Starbucks' petitions can't stop closures

Despite pleas from loyal coffee drinkers, Starbucks Corp. said it is moving forward with its plans to close 600 of its stores.


TiVo offers buy-it-now feature

TiVo, the Silicon Valley company that introduced millions to the joy of skipping television commercials, is trying to crack a decades-old media dream. It wants to turn the television remote control into a tool for buying the...


Ex-Microsoft boss sentenced

Carolyn Gudmundson, a former Microsoft Corp. manager who admitted embezzling hundreds of thousands of dollars from the company, was sentenced Friday to 22 months in prison.


We Want A Dead Simple Web Tablet For $200

Here's the basic idea: The machine is as thin as possible, runs low end hardware and has a single button for powering it on and off, headphone jacks, a built in camera for video, low end speakers, and a microphone. It will have...


Women Are Now Equal as Victims of Poor Economy

Women in the workplace are being afflicted by the same troubles as men. And they are responding as men have, by dropping out or disappearing for a while.


VC investment hold steady in 2Q at $7.4 billion

The pace of U.S. venture capital investments remained steady at $7.4 billion during the second quarter despite a wobbly stock market that has made it increasingly difficult for the financiers of new ideas to cash out of startups.


Economists: 2nd half growth likely to be anemic

Call it the big fizzle. The hoped-for second-half economic rebound is looking to be lethargic, with the country straining under high energy prices and fallout from the housing and credit debacles.



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© Washington CEO Magazine 2008