economy

2013: A Good Year For West Coast Log And Lumber Exports

Feb 24, 2014
Sean Mack / Wikimedia Commons

Lumber and log exports from the West Coast rose about 20 percent last year, with demand peaking in the fourth quarter.

Most of the West Coast logs shipped overseas are going to China, although Japan has upped its demand, as well. With limited forestlands of their own, these countries rely on the United States’ timber supply.

M.O. Stevens / Flickr

President Obama recently ordered a minimum wage increase for federal contractors. Now Washington Governor Jay Inslee says he may consider a similar executive order at the state level. The Democrat made his comments Friday after a meeting with the President at the White House where minimum wage was discussed.

Satya Nadella Named Microsoft CEO

Feb 4, 2014
Wikipedia

It's official, Microsoft has a new CEO. The Redmond tech giant says that as of today Satya Nadella is the company's new chief executive.

Southeast Washington is getting an economic boost after two announcements were made on Wednesday that are expected to lead to new jobs in the region.

About 300 people will keep their jobs at the Hanford Nuclear Reservation in southeast Washington.

Washington’s minimum wage would rise to $12 per hour by 2017 under a proposal from Democrats in the state House.

New numbers for December from the Washington state employment department peg the current jobless rate at 6.6 percent. The last time it was lower was in November 2008.

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. 

Socially-minded companies in Oregon have a new way to prove their commitment to the greater good.

 Washington Governor Jay Inslee says it’s time for a discussion on raising the state’s minimum wage - already the nation's highest.

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