Some 600 high school students are expected to attend this year’s Everett Rotary Career Fair on Thursday at Everett Community College. The fair includes about two dozen sessions covering a variety of careers, including architecture and public safety. The program, put on by some 80 Rotarian volunteers, runs from 9:15 a.m. until 1 p.m.
Radio Shack plans to close two stores in Snohomish County, one in the 11700 block of the Mukilteo Speedway and another along 164th St. SW near Mill Creek. The closures are part of the electronics retailer’s plan to cut costs by shuttering 480 stores nationwide. Jessica Study, a Radio Shack spokeswoman, said clearance sales will begin in May, with the goal of closing the stores by summer’s end. Radio Shack has nearly 7,000 company-owned stores and affiliated dealers nationwide.
SonoSite Inc., the Bothell-based maker of hand-carried ultrasound machines, has signed an expanded group purchasing agreement with Premier Purchasing Partners LP, an alliance of not-for-profit hospitals representing 1,400 hospital facilities and 37,000 other care sites. The new agreement, which runs for three years, could bring additional sales of SonoSite’s equipment, accessories and service, the company said.
As Ben Bernanke takes the chairman’s seat, Federal Reserve watchers wonder how many more interest rate increases are in store. Bernanke and his Fed colleagues are expected to boost America’s borrowing costs yet again at the end of their two-day meeting today. And analysts will be searching for clues about where the central bank is headed after that.
The Treasury Department auctioned three-month bills at a discount rate of 4.495 percent, down from 4.545 percent last week. Six-month bills were auctioned at a rate of 4.6 percent, down from 4.61 percent. The rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,886.38 while a six-month bill sold for $9,767.44. Separately, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for changing adjustable rate mortgages, rose to 4.77 percent last week from 4.76 percent.
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