Biz week

Boeing quiet on 787

The Boeing Co. reported a 17 percent increase in earnings of the second quarter of 2008, but the company kept quiet about its delayed 787 Dreamliner during its quarterly update. Boeing is roughly two years behind schedule on its 787 and postponed the jet’s first flight again in June. In good news for Everett workers, Boeing’s chief executive said the company doesn’t see a need to cut production any further than what it has previously announced.

Lawmakers discuss state newspaper tax: Key lawmakers indicated this week that they’re opposed to repealing a 74-year-old sales tax exemption on newspapers. A new study out estimates the state will lose $12.4 million in revenue in 2009 by keeping the newspaper tax exemption in place. The exemption was put into place in 1935. Out of the 45 states with sales tax, 31, including Washington, exempt newspapers from sales tax.

Port to hold off demolishing Collins Building: A Snohomish County Superior Court judge issued a temporary injunction Friday to prohibit the Port of Everett from dismantling the Collins Building, a 75-year-old structure on Marine View Drive. Activists want to preserve the Collins Building, which was placed on state and national historic registers as the lone remaining example of the near-amphibious buildings that once made up Everett’s waterfront district. Port officials say repairs and updates to make the building functional would be too costly.

Rally on Wall Street: The Dow Jones industrials closed above 9,000 on Thursday for the first time since January, propelled by a jump in home sales nationally. The Dow continued its gains Friday, closing at 9,093, its highest point since November. Still, analysts see a number of bumps in the road ahead for the nation’s economy, including retail sales and ongoing troubles in the banking business.

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Everett
Red Robin to pay $600K for harassment at Everett location

A consent decree approved Friday settles sexual harassment and retaliation claims by four victims against the restaurant chain.

magniX employees and staff have moved into the company's new 40,000 square foot office on Seaway Boulevard on Monday, Jan. 18, 2020 in Everett, Washington. magniX consolidated all of its Australia and Redmond operations under one roof to be home to the global headquarters, engineering, manufacturing and testing of its electric propulsion systems.  (Andy Bronson / The Herald)
Harbour Air plans to buy 50 electric motors from Everett company magniX

One of the largest seaplane airlines in the world plans to retrofit its fleet with the Everett-built electric propulsion system.

Simreet Dhaliwal speaks after winning during the 2024 Snohomish County Emerging Leaders Awards Presentation on Wednesday, April 17, 2024, in Everett, Washington. (Ryan Berry / The Herald)
Simreet Dhaliwal wins The Herald’s 2024 Emerging Leaders Award

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Lynnwood
New Jersey company acquires Lynnwood Land Rover dealership

Land Rover Seattle, now Land Rover Lynnwood, has been purchased by Holman, a 100-year-old company.

Szabella Psaztor is an Emerging Leader. (Olivia Vanni / The Herald)
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As development director at Farmer Frog, Pasztor supports social justice, equity and community empowerment.

Simreet Dhaliwal is an Emerging Leader. (Olivia Vanni / The Herald)
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Nathanael Engen, founder of Black Forest Mushrooms, an Everett gourmet mushroom growing operation is an Emerging Leader. (Olivia Vanni / The Herald)
Nathanael Engen: Growing and sharing gourmet mushrooms

More than just providing nutritious food, the owner of Black Forest Mushrooms aims to uplift and educate the community.

Owner and founder of Moe's Coffee in Arlington Kaitlyn Davis poses for a photo at the Everett Herald on March 22, 2024 in Everett, Washington. (Annie Barker / The Herald)
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Emerging Leader John Michael Graves. (Ryan Berry / The Herald)
John Michael Graves: Champion for diversity and inclusion

Graves leads training sessions on Israel, Jewish history and the Holocaust and identifying antisemitic hate crimes.

Gracelynn Shibayama, the events coordinator at the Edmonds Center for the Arts, is an Emerging Leader. (Olivia Vanni / The Herald)
Gracelynn Shibayama: Connecting people through the arts and culture

The Edmonds Center for the Arts coordinator strives to create a more connected and empathetic community.

Eric Jimenez, a supervisor at Cocoon House, is an Emerging Leader. (Olivia Vanni / The Herald)
Eric Jimenez: Team player and advocate for youth

As an advocate for the Latino community, sharing and preserving its traditions is central to Jimenez’ identity.

Molbak's Garden + Home in Woodinville, Washington closed on Jan. 28 2024. (Photo courtesy of Molbak's)
Molbak’s, former Woodinville garden store, hopes for a comeback

Molbak’s wants to create a “hub” for retailers and community groups at its former Woodinville store. But first it must raise $2.5 million.

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