Bellingham retailer Reset Games will open a store in Quil Ceda Village Oct. 1. The shop will be owned by Dennis Hill, Hathy Varner and Chief Executive Don Torston, who opened their first store in Bellingham in 2007. Reset Games will allow customers to trade in their old video games for store credit toward new and used products. To build its inventory, the shop will buy used games from the public during its grand opening on Oct. 3. The store will be located 8825 34th Ave. NE, Suite Dm just off I-5, at exit 200. It will be open from 10 a.m. to 9 p.m. Monday through Saturday and 11 a.m. to 8 p.m. Saturdays. For information, call 360-653-9580 or go to www.resetgames.com.
Shipping schedule for Everett port
A look at the port’s schedule for the next month: Bright Star, Eastern Car Liner, today; Santiago, Westwood, today; West Victoria, Westwood, Sept. 22; Sevilla, Westwood, Sept. 29; Bright State, ECL/Fesco; Westwood Columbia, Westwood, Oct. 6; and San Amerigo, Westwood, Oct. 13. The port has seen 69 ship visits and 37 barge calls so far this year in comparison to 119 ships and 53 barges during the same period in 2008.
Oregon jobless exceeds 12 percent
Oregon’s unemployment rate ticked upward to 12.2 percent in August, with state economists sticking by their prediction of a slow, jobless recovery likely to begin this fall. The seasonally adjusted rate has been hovering around 12 percent for the past six months. The August rate was up over the July’s 11.8 percent level — among the highest unemployment rates in the country. The U.S. employment rate rose from 9.4 percent in July to 9.7 percent in August. In its monthly jobs report, the Oregon Employment Department said the state’s economy shed 6,600 jobs last month as the state continued to struggle with the deepest recession in decades. In all about 235,745 Oregonians were on the jobless rolls in August, compared with 126,604 a year ago. Washington data will be released today.
Delta expects continued decline
Delta Air Lines Inc., the world’s biggest airline operator, said Monday its available cash on hand will continue to fall by the end of the year as demand for air travel has been hit hard by the economic downturn. The Atlanta-based airline also said in a regulatory filing that its 2010 funding requirement for its defined benefit pension plans, which have been frozen for future accruals, is estimated to increase by $450 million as compared to 2009. The increase in required funding is due primarily to the decline in the investment markets in 2008. On the positive side, Delta said it expects its year-over-year revenue per available seat mile decline for the third quarter will show a slight improvement from the second-quarter year-over-year change. The airline expects the sequential improvement to continue in the fourth quarter.
From Herald news services
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