business

Rocio Lara / Flickr

Businesses in Oregon could soon take advantage of the crowdfunding phenomenon. State regulators Wednesday heard from the public on proposed rules to let smaller companies raise cash from Oregon investors.

Think Kickstarter except instead of making a donation you'd be making an actual investment in a small business. It’s a workaround of federal rules--with a quarter-million dollar limit per company. Small business advocate Jarvez Hall says he thinks the new policy could open doors to people of color who can have a harder time accessing traditional sources of capital.

In the town of Bassett in southern Virginia, some of the downtown street lights are dark. The lamps, maintained by the once prosperous Bassett Furniture Co., are now funded by voluntary contributions from residents and businesses — when they can afford it.

Bassett is just one of many towns and cities in Virginia and North Carolina where scores of furniture-making plants have closed in the past 20 years, mostly because of competition from China and other foreign countries.

Port of Seattle

Pacific Northwest travelers will get ringside seats to see if two airlines can be partners and rivals at the same time. One of those "frenemies" - if you will - is Seattle-based Alaska Airlines. And in the other corner is Delta Air Lines. The two are long-term contractual allies. But the relationship is being tested.

Seattle has become the first city in the country to establish a $15 an hour minimum wage. The City Council voted Monday to enact the new law, which was the result of months of negotiations.

It represents a 60 percent increase from the current state minimum wage, which at $9.32 an hour is the highest in the country.

Proponents say it’s a first step towards closing the rising income gap between rich and poor. Some businesses say they will go to court to fight it. KUOW’s Deborah Wang reports.

Elected officials in Seattle heard an earful Tuesday night about a proposal to raise the minimum wage in the city to $15 an hour. Dozens of people testified before a Seattle City Council public hearing.

Albertsons To Merge With Safeway Stores

Mar 6, 2014
Emilie Ritter Saunders / Northwest News Network

The Boise-based grocery store Albertsons is merging with Safeway supermarkets. The companies announced Thursday the acquisition could be worth more than $9 billion.

A paper mill on Washington’s central coast has had it's share of ups and downs over the past seven years.

Federal securities regulators recently cleared the way for small, Kickerstarter-style campaigns for startups to sell shares. But many entrepreneurs view the federal process as too cumbersome. Now, Washington state lawmakers are contemplating a state-only version to help small businesses raise capital more easily. 

The Washington Legislature is plowing ahead with a package of tax breaks and incentives to convince the Boeing Company to build its next big jet in Washington.

We’ve all been there. You’re hungry, and you want something good to eat, but there’s no time. So you hit the vending machine for sugar or salt.

A recent Washington State University grad wants to change that. She’s started a Northwest business around a simple, better choice: an urban apple delivery service.

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