Employers in Arlington and Darrington have notified the state Employment Security Department of their plans to make major layoffs in December. Department spokesman Rick Van Cise said lumber mill Hampton Affiliates plans to lay off 76 people on Dec. 12. Blue Scope Buildings North America of Arlington, which sells metal building systems, plans to lay off 67 people, also on Dec. 12, Van Cise said.
Google stock climbs on strong earnings
Mounting worries over another global recession haven’t shaken Google. Its third-quarter earnings, released Thursday, are the latest reminder of how Google Inc. has used its position as the Internet’s dominant gateway to build a business that endures economic turbulence. Google’s stock price surged 6 percent, climbing $33.37 to $592.36 in extended trading. Google earned $2.7 billion, or $8.33 per share, in the three months ending in September. That was up 26 percent from nearly $2.2 billion, or $6.72 per share, a year earlier.
BOA to add online services this weekend
Bank of America will shutdown its online systems in Washington and Oregon this weekend to add what it said will be customer technical enhancements. Online banking, mobile, text banking, and bill pay won’t work from 7 p.m. on Saturday though 11 p.m. on Sunday. All other bank services will work as usual, the company said. On Monday, the bank said, customers in the two states will receive: expanded online banking with text and mobile banking with email alerts, paperless statements and ebills; more flexible debit and ATM cards with the ability to link up to 15 accounts with one card; enhanced account statements the show their full banking relationship; improved telephone banking access and a new Asian language service; and ATM services with improved mini-statements.
Everett port holds good bond rating
Standard & Poor’s Ratings Services has affirmed the A- rating of Port of Everett revenue bonds in a September report, the port said. Karen Clements, the port’s chief financial officer, said the rating was based on the port’s strong financial position and debt service history. Port Director John Mohr said the good rating allows the port to pay less interest on its bonds, which pay an average of 4.35 percent. The port uses the money to invest in capital projects ranging from international trade, to marina improvements.
Correction
Everett’s new country music station, KKXA (1520 AM), has received approval to operate as a commercial radio station, a decision that has been appealed to the five-member Federal Communication Commission. The commission is expected to act next year on the appeal. A story on Page A4 Thursday incorrectly stated the station had received final approval.
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