Everett-based Neuvant Aerospace Corp. will lay off 207 employees Friday, according to a notice sent to the state. The notice indicated workers at Neuvant’s Everett and Woodinville facilities would be affected. Company officials could not be reached Monday afternoon. Neuvant makes wing spars and other machined parts for the Boeing Co.
Comics lampoon Monster burger
At 1,420 calories and 107 grams of fat, Hardee’s Monster Thickburger couldn’t escape notice in these diet-conscious times. After the Monster’s rollout Nov. 15, Jay Leno quipped on “The Tonight Show” that it “comes in a little cardboard box shaped like a coffin.” On David Letterman’s “Late Show,” an actor playing the chief of Hardee’s corporate parent clutched his chest in a sketch, then keeled over when asked about the burger’s health risks. The monster has two 1/3-pound slabs of beef, four strips of bacon, three slices of cheese and mayonnaise on a buttered sesame seed bun.
Army Reserve buys Nomad goggles
Microvision Inc. of Bothell said Monday that the U.S. Army Reserve has purchased 37 of the company’s Nomad augmented vision devices for maintenance technicians. The system, already used by repair shops and dealerships around the country, displays car information right in front of their eyes.
T-bill results mixed in Monday auction
The Treasury Department sold three-month bills at a discount rate of 2.21 percent, up from 2.195 percent last week. Six-month bills sold at a rate of 2.38 percent, down from 2.395. The discount rates understate the return – 2.253 percent for three-month bills with a $10,000 bill selling for $9,944.14 and 2.442 percent for a six-month bill selling for $9,879.68. The Federal Reserve also said that the average yield for one-year constant maturity Treasury bills, a popular index for changing adjustable rate mortgages, rose to 2.62 percent last week from 2.6.
Electronic payments surpass checks
For the first time, Americans’ use of credit cards, debit cards and other electronic bill paying has surpassed paper checks. The number of electronic payment transactions last year totaled 44.5 billion – exceeding the number of checks paid, 36.7 billion – according to the Federal Reserve.
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