Cathay Pacific Airways of Hong Kong has ordered two new 777-300 jets from the Boeing Co. The terms of the deal were not disclosed. The 365-seat planes are worth $380 million at list prices, although discounts are common. Boeing will deliver the first plane in April 2005 and the second in July 2006. Boeing disclosed the deal last week, saying only that it had sold two 777s to an unidentified customer. The order gives the airline a total of 17 of the 777s in its fleet. Cathay also announced Wednesday that it is acquiring six Airbus A330-300 jets. The airline plans to use the new Boeing and Airbus planes to expand its routes.
Mukilteo-based CombiMatrix Corp. could receive more than $13 million from the sale of its tracking stock to institutional investors. CombiMatrix’s parent firm, Acacia Research of Newport Beach, Calif., said it has commitments from investors to buy up to 3 million shares of CombiMatrix stock at $5 a share. The stock offering is expected to close by the end of the week. On Wednesday, the stock closed at $5.06 a share, down 47 cents from the previous close.
Premera Blue Cross and Providence Health Care of Eastern Washington have reached a temporary settlement in their dispute over health care contracts at one of Spokane’s hospitals. Premera, based in Mountlake Terrace, said it will adjust its reimbursement rates to Providence’s Holy Family Hospital through Sept. 30 to ensure that Premera members continue receiving medical care there.
Online retailer Amazon.com quietly launched an Internet search service Wednesday, jumping into a marketplace already crowded with offerings from Google, Yahoo and Microsoft Corp. The service, in test mode for now, is operated by a Palo Alto, Calif.-based subsidiary and branded separately. Like its competitors, Amazon’s A9.com offers both a Web site and an Internet Explorer toolbar from which users can enter search terms.
Hackers have broken into some of the world’s most powerful computer clusters in recent weeks in an apparently coordinated cyberattack. Stanford University, the National Center for Atmospheric Research, the San Diego Supercomputer Center and the University of Illinois’ National Center for Supercomputing Applications were hit.
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