business

Small Business Crowdfunding
8:29 am
Thu December 4, 2014

Oregon Rule Change Would Allow Small Businesses To Use Crowdfunding

Crowdfunding is the practice of gathering funds from a large number of people for a project or venture.
Credit 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.

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NWPR Books
12:34 pm
Mon July 14, 2014

How A Factory Man Fought To Save His Furniture Company

Author Beth Macy worked for years as a reporter for the Roanoke Times. "When I became a journalist, I gravitated to those kinds of stories of what I call 'outsiders and underdogs,' " she says.
David Hungate Courtesy of Little, Brown and Co.

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.

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Seattle Delta Hub
7:26 am
Tue June 17, 2014

Delta Air Lines Building Hub In Seattle, Putative Partner’s Hometown

Port of Seattle fire trucks salute a Delta Airbus A330 as it departs for Hong Kong on Monday.
Credit 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.

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Seattle Minimum Wage
7:16 am
Tue June 3, 2014

After Raucous Session, Seattle City Council Raises Minimum Wage to $15

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.

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Seattle Minimum Wage
7:53 am
Wed May 14, 2014

Seattle Residents Testify For, Against $15 An Hour Minimum Wage

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.

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Albertsons Merger
5:00 pm
Thu March 6, 2014

Albertsons To Merge With Safeway Stores

If the merger of Albertsons and Safeway is approved, the expanded company will include 2,400 stores in 34 states and Washington DC, according to investor documents.
Credit 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.

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Closed Businesses
6:33 am
Fri January 31, 2014

Battered Coastal Paper Mill Now Faces Demolition

Harbor Paper in Hoquiam reopened in October of 2012 only to close a few months later. Now the equipment will be auctioned off and the mill dismantled
Austin Jenkins Northwest News Network

Originally published on Wed December 17, 2014 10:40 pm

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

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Business Crowdfunding
5:22 pm
Fri January 17, 2014

Olympia Mulls Crowdfunding Of Equity Shares In Business Startups

Crowdfunding websites like Kickstarter and Indiegogo have grown rapidly as a way to raise money for creative ventures.

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. 

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Boeing Incentives
5:13 pm
Fri November 8, 2013

Washington Legislature Plows Ahead With Boeing 777X Tax Breaks

File photo of Boeing 777 assembly line as seen from tour observation deck/
Snohomish County Tourism Bureau

Originally published on Fri November 8, 2013 3:51 pm

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.

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Northwest Health
5:01 pm
Wed August 28, 2013

Delivering Apples To Offices A Healthy Business For Recent College Grads

Anna King. Apple-A-Day's recent college grad owners Danielle LaRiviere [left] and Lexi Schmidt.

Originally published on Wed August 28, 2013 3:45 pm

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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