Comcast has launched its new digital-quality telephone service in Snohomish County, offering customers unlimited local and long-distance calling over the company’s cable network. The service, which uses Internet Protocol technology, offers voice mail and 11 other options. For customers with Comcast’s high-speed Internet and cable TV services, the service is priced at under $40 a month.
Palm profits slip despite hot Treo
Hand-held computer maker Palm Inc. said Thursday its profit fell 7.1 percent in the first quarter due to higher costs, but the company also saw 25 percent revenue growth driven by Treo “smartphone” sales. Palm said it earned $18.2 million, or 35 cents a share, in the quarter, compared with $19.6 million, or 38 cents a share, a year ago.
Lynnwood office complex purchased
Peter Sullivan Associates Inc. of San Francisco has purchased the Lynnwood Corporate Center at 19401 40th Ave. W., just west of the new Lynnwood Convention Center, according to deal broker CB Richard Ellis. The price was not disclosed, but the building is assessed at $9.6 million.
Katrina job toll tops 200,000
The Labor Department on Thursday increased the job losses attributed to Katrina to 214,000. Some economists believe as many as 500,000 people were thrown out of work by Katrina and are forecasting that unemployment compensation claims will climb sharply as a result.
Frontier Financial increases dividend
Frontier Financial Corp. said Thursday it will pay shareholders a 16.5-cent cash dividend Oct. 24 to shareholders of record as of Oct. 11. The parent company of Everett-based Frontier Bank said the dividend is increased from the 16 cents a share the banking company made to shareholders in July.
Boeing strikers to get union checks
The International Association of Machinists will begin distributing $150 checks Saturday to members on strike against the Boeing Co. The 4-H building at the Evergreen State Fairgrounds in Monroe is one of three sites in the Puget Sound area where the checks will be distributed. In hopes of avoiding congestion, union officials are encouraging members to carpool and to follow a distribution schedule. Machinists who show up outside their assigned time slots will still get checks, union officials said.
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