Bothell biotech will file report for 2006 late

Northwest Biotherapeutics will file its 2006 annual report late, the Bothell company indicated in a Securities and Exchange Commission filing. The small developer of anti-cancer vaccines said additional time is needed to gather information relating to a transaction that occurred last year. The delay is not caused by the need to restate any previous financial results, the company assured in its delay notice.

New finance officer hired for Starbucks

Starbucks Corp. said Tuesday it has hired Peter Bocian of NCR Corp. to replace Michael Casey, the company’s longtime chief financial officer. Casey, who also serves as an executive vice president and chief administrative officer, is moving to a senior advisory position with the world’s largest specialty coffee retailer. According to regulatory filings, Bocian’s annual salary will be $575,000. He also will get a $500,000 signing bonus and a guaranteed minimum bonus of $287,500 for the 2007 fiscal year.

As tensions ease, crude oil prices fall

Crude oil prices settled and dropped more than $1 a barrel Tuesday as tensions eased in the standoff between Britain and Iran over captive British military personnel. Prices had risen steadily since 15 British sailors and marines were detained March 23 by Iran for allegedly entering Iranian waters. On Monday, crude finished below $66 a barrel, paring earlier gains after Iran’s chief international negotiator called for an end to “the language of force” in the dispute. Light, sweet crude for May delivery lost $1.30 to settle at $64.64 a barrel on the New York Mercantile Exchange.

European Union investigating Apple

The deals Apple Inc. struck with record labels to stock its European iTunes stores may violate EU competition rules, regulators said Tuesday. Apple and the record companies were notified of an investigation into their agreements after regulators built up a “very strong case,” said European Union spokesman Jonathan Todd. People can only download singles or albums from the iTunes store in their country of residence – a policy that amounts to unlawful “territorial sales restrictions,” the commission said. Apple spokesman Steve Dowling said the company wanted to operate a single store for all of Europe, but music labels and publishers said there were limits to the rights they could grant to Apple.

Airbus audit finds no sales slush fund

An internal audit of Airbus sales campaigns, ordered after allegations of slush funds appeared in news reports, turned up no irregularities, parent company EADS said Tuesday. Meanwhile, several thousand workers demonstrated Tuesday for a third time to protest a restructuring plan at Airbus, which would cost 10,000 jobs in Europe, 4,300 of them in France. The demonstration came a day before unions meet with Airbus chief Louis Gallois, who is an EADS co-chairman.

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Members of Gravitics' team and U.S. Rep. Rick Larsen stand in front of a mockup of a space module interior on Thursday, August 17, 2023 at Gravitics' Marysville facility. Left to right: Mark Tiner, government affairs representative; Jiral Shah, business development; U.S. Rep. Rick Larsen; Mike DeRosa, marketing; Scott Macklin, lead engineer. (Gravitics.)
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Orca Mobility designer Mike Lowell, left, and CEO Bill Messing at their office on Wednesday, Aug. 16, 2023 in Granite Falls, Washington. (Olivia Vanni / The Herald)
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Orca Mobility’s battery-powered, three-wheel truck is built on a motorcycle frame. Now, they aim to make it self-driving.

Catherine Robinweiler leads the class during a lab session at Edmonds College on April 29, 2021. (Kevin Clark / The Herald)
Grant aids apprenticeship program in Mukilteo and elsewhere

A $5.6 million U.S. Department of Labor grant will boost apprenticeships for special education teachers and nurses.

Peoples Bank is placing piggy banks with $30 around Washington starting Aug. 1.
(Peoples Bank)
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Workers build the first all-electric commuter plane, the Eviation Alice, at Eviation's plant on Wednesday, Sept. 8, 2021 in Arlington, Washington.  (Andy Bronson / The Herald)
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Jim Simpson leans on Blue Ray III, one of his designs, in his shop on Friday, August 25, 2023, in Clinton, Washington. (Ryan Berry / The Herald)
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Inside the new Boeing 737 simulator at Simulation Flight in Mukilteo, Washington on Wednesday, Sept. 20, 2023. (Annie Barker / The Herald)
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An Amazon worker transfers and organizes items at the new PAE2 Amazon Fulfillment Center on Thursday, Sept. 14, 2023, in Arlington, Washington. (Ryan Berry / The Herald)
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A computer rendering of the North Creek Commerce Center industrial park in development at 18712 Bothell-Everett Highway. (Kidder Mathews)
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Dan Bates / The Herald
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Photo Taken: 102312
Former Funko CEO resigns from the Everett company

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A crowd begins to form before a large reception for the opening of Fisherman Jack’s at the Port of Everett on Wednesday, August 30, 2023, in Everett, Washington. (Ryan Berry / The Herald)
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