The Stillaguamish Tribe plans a job fair Wednesday for prospective employees of its new Angel of the Winds casino. The fair will be 10 a.m.-8 p.m. at WorkSource Everett’s offices at Everett Station, 3201 Smith Ave. The tribe plans to hire more than 200 people to work at the new Arlington casino, which is expected to open in October.
Microvision Inc. of Bothell said Friday it has raised $10 million from the sale of preferred shares and stock warrants to an unnamed institutional investor. The money will help strengthen the company’s balance sheet, Microvision said. Microvision makes high-resolution display and imaging systems.
Blue Heron wins research grant
Blue Heron Biotechnology Inc. has received a $138,000 research grant from the National Institute of General Medical Science and the National Human Genome Research Institute. The Bothell company will use the money to help develop a method for assembling large DNA molecules.
US Air makes offer to unions
US Airways Group Inc. has asked its pilots and flight attendants to fly more hours without a pay raise in a last-minute effort to settle a key labor dispute and head off a second bankruptcy filing. Some insiders have speculated a filing may come as early as Sunday.
The economy got a double dose of encouraging news Friday as wholesale prices went down and moderating energy costs helped improve the country’s trade deficit. The Labor Department’s Producer Price Index, which measures costs of goods before they reach store shelves, dipped 0.1 percent in August. The Commerce Department, meanwhile, reported that U.S. trade deficit shrank to $50.1 billion in July.
Qwest Communications International Inc. has tentatively agreed to pay $250 million to settle fraud allegations by federal regulators, a union official said Friday. Such a settlement would help Qwest put to rest a 21/2-year period in which it has been investigated for how it booked revenue and deals it made with other telecommunications companies.
State officials have raised the estimated agricultural losses from Hurricanes Charley and Frances to more than $2 billion, or more than 30 percent of Florida’s $6.4 billion in annual crop cash receipts.
From Herald staff and news services
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