Herald Business Journal

Bothell man pleads guilty to insider trading of Amazon stock

Viky Bohra admitted he used information obtained from a relative to make a profit of $1.4 million.

  • Nov 6, 2020
Dairy cows feed at a feedlot in Sunnyside, Wash., Monday,  July 23, 2018. A divided Washington Supreme Court ruled Thursday, Nov. 5, 2020, that the state's dairy workers are entitled to overtime pay if they work more than 40 hours a week, a decision expected to apply to the rest of the agriculture industry. For the past 60 years state law, like federal law, has exempted farmworkers from classes of workers who are entitled to overtime pay, but in a 5-4 ruling the court found that unconstitutional. (Jake Parrish/Yakima Herald-Republic via AP)

Washington Supreme Court: Farmworkers to get overtime pay

Agriculture industry groups warned the ruling will mean vastly increased labor costs.

  • Nov 6, 2020
Dairy cows feed at a feedlot in Sunnyside, Wash., Monday,  July 23, 2018. A divided Washington Supreme Court ruled Thursday, Nov. 5, 2020, that the state's dairy workers are entitled to overtime pay if they work more than 40 hours a week, a decision expected to apply to the rest of the agriculture industry. For the past 60 years state law, like federal law, has exempted farmworkers from classes of workers who are entitled to overtime pay, but in a 5-4 ruling the court found that unconstitutional. (Jake Parrish/Yakima Herald-Republic via AP)

Companies illegally dumped debris into Skykomish River for three years

The dumping impacted almost three acres of wetlands and over 2,000 linear feet of streams.

FILE - In this June 17, 2015 file photo, an Airbus A350 performs a demonstration flight at the Paris Air Show, in Le Bourget airport, north of Paris. Airbus announced Wednesday Jan. 11, 2017 that it delivered 688 planes over the year, primarily in the single-aisle A320 family, compared with 635 in 2015. The company increased deliveries of its long-delayed A350 wide-body. (AP Photo/Francois Mori, File)

Union leaders: As Boeing shrinks, what about Airbus?

They told state senators that old allegiances aren’t worth much in these economic hard times.

FILE - In this June 17, 2015 file photo, an Airbus A350 performs a demonstration flight at the Paris Air Show, in Le Bourget airport, north of Paris. Airbus announced Wednesday Jan. 11, 2017 that it delivered 688 planes over the year, primarily in the single-aisle A320 family, compared with 635 in 2015. The company increased deliveries of its long-delayed A350 wide-body. (AP Photo/Francois Mori, File)
The nose of the 500th 787 Dreamliner at the assembly plant in Everett on Wednesday morning on September 21, 2016. (Kevin Clark / The Herald)

Boeing says it has no plans for 787 or 747 factory space

The two models will leave Everett in coming years. Meanwhile, thousands of more jobs will be eliminated.

The nose of the 500th 787 Dreamliner at the assembly plant in Everett on Wednesday morning on September 21, 2016. (Kevin Clark / The Herald)
Inside the new Quil Ceda Creek Casino's open floor that will contain 1,500 slot machines on Wednesday, Oct. 28, 2020 in Tulalip, Wa. (Olivia Vanni / The Herald)

An early 2021 opening is in the cards for new Tulalip casino

The 126,700-square-foot Quil Ceda Creek Casino will replace the current one across the road.

Inside the new Quil Ceda Creek Casino's open floor that will contain 1,500 slot machines on Wednesday, Oct. 28, 2020 in Tulalip, Wa. (Olivia Vanni / The Herald)
The Hanford nuclear site. (Business Wire)

Longer transition allowed for $16B in contracts at Hanford

The plan will help employees comply with safety guidelines intended to limit the spread of COVID-19.

  • Oct 28, 2020
The Hanford nuclear site. (Business Wire)
A Boeing 777X airplane flies over Moscow, Idaho. during a test flight Tuesday, June 23, 2020. The new model of airplane had its first flight on Jan. 25, 2020, from Paine Field in Everett, Wash. The 777X will be the world's largest and most efficient twin-engine jet, according to Boeing. (Geoff Crimmins/The Moscow-Pullman Daily News via AP)

‘The market has spoken’: Jet buyers see a grim Boeing future

The company reports third-quarter results on Wednesday with two key products in deep trouble.

A Boeing 777X airplane flies over Moscow, Idaho. during a test flight Tuesday, June 23, 2020. The new model of airplane had its first flight on Jan. 25, 2020, from Paine Field in Everett, Wash. The 777X will be the world's largest and most efficient twin-engine jet, according to Boeing. (Geoff Crimmins/The Moscow-Pullman Daily News via AP)
Bill McSherry, vice president of government operations for Boeing Commercial Airplanes, walks back to his seat, Tuesday, Feb. 25, 2020, after testifying before the House Finance Committee at the Capitol in Olympia, Wash. The committee was hearing testimony on a bill introduced at Boeing's request to suspend the aerospace giant's preferential business and occupation tax rate in Washington state unless the United States and European Union reach an agreement on their long-running international trade dispute that would allow the lower tax rate. Last year, the World Trade Organization body ruled that Boeing received an illegal U.S. tax break from Washington state that damaged sales by European archrival Airbus. (AP Photo/Ted S. Warren)

A Boeing executive delivers good and bad news for Everett

The commercial headquarters could indeed come to Paine Field. But demand for big jets will not rebound quickly.

Bill McSherry, vice president of government operations for Boeing Commercial Airplanes, walks back to his seat, Tuesday, Feb. 25, 2020, after testifying before the House Finance Committee at the Capitol in Olympia, Wash. The committee was hearing testimony on a bill introduced at Boeing's request to suspend the aerospace giant's preferential business and occupation tax rate in Washington state unless the United States and European Union reach an agreement on their long-running international trade dispute that would allow the lower tax rate. Last year, the World Trade Organization body ruled that Boeing received an illegal U.S. tax break from Washington state that damaged sales by European archrival Airbus. (AP Photo/Ted S. Warren)
An Israeli Air Force Boeing AH-64 Apache attack helicopter from the 113th Squadron, also known as the Hornet Squadron, lands during a display for the foreign press in Ramon air force base near the Israeli town of Mitzpe Ramon, in the Negev desert, southern Israel, Monday, Oct. 21, 2013.(AP Photo/Ariel Schalit)

Boeing’s Arizona chopper plant under scrutiny by Army team

The company reported quality problems it says were caused by a derelict technician.

An Israeli Air Force Boeing AH-64 Apache attack helicopter from the 113th Squadron, also known as the Hornet Squadron, lands during a display for the foreign press in Ramon air force base near the Israeli town of Mitzpe Ramon, in the Negev desert, southern Israel, Monday, Oct. 21, 2013.(AP Photo/Ariel Schalit)
FILE - An American Airlines Boeing 737-823 lands at Miami International Airport, Monday, July 27, 2020, in Miami.American Airlines said Tuesday, Aug. 25 that it will furlough or lay off 19,000 employees in October as it struggles with a sharp downturn in travel because of the pandemic. Flight attendants will bear the heaviest cuts, with 8,100 losing their jobs.  (AP Photo/Wilfredo Lee, File)

American plans flights with Boeing 737 Max by year-end

Customers can see on American’s website the type of plane for any flight if they know where to click.

FILE - An American Airlines Boeing 737-823 lands at Miami International Airport, Monday, July 27, 2020, in Miami.American Airlines said Tuesday, Aug. 25 that it will furlough or lay off 19,000 employees in October as it struggles with a sharp downturn in travel because of the pandemic. Flight attendants will bear the heaviest cuts, with 8,100 losing their jobs.  (AP Photo/Wilfredo Lee, File)
The Boeing factory at Paine Field in Everett. (Boeing Co.)

Could Everett become Boeing’s next jetliner headquarters?

The company is considering selling the Commercial Airplanes division offices at Longacres in Renton.

The Boeing factory at Paine Field in Everett. (Boeing Co.)
Patrick Ky, executive director of the European Aviation Safety Agency, in Amsterdam on Nov. 27, 2018. MUST CREDIT: Bloomberg photo by Yuriko Nakao.

Boeing Max judged safe to fly by Europe’s aviation regulator

A synthetic sensor to aid pilots when the mechanical angle-of-attack sensors fail is still two years out.

Patrick Ky, executive director of the European Aviation Safety Agency, in Amsterdam on Nov. 27, 2018. MUST CREDIT: Bloomberg photo by Yuriko Nakao.

Cop turned pinup model in Gold Bar charged with $67K fraud

Brenda Cavoretto was injured when a dead body fell on her in 2012. She’s accused of overselling its lasting impact.

Washington unemployment rate drops to 7.8%

Most job growth occurred in leisure and hospitality, construction and other services.

  • Oct 14, 2020
Premera Blue Cross will eliminate hundreds of jobs as it seeks to cut costs sparked by the current economic downturn. (Submitted photo)

Mountlake Terrace-based health insurer Premera cuts 285 jobs

The layoff at Premera Blue Cross, prompted by the economic downturn, represents about 8.3% of its workforce.

Premera Blue Cross will eliminate hundreds of jobs as it seeks to cut costs sparked by the current economic downturn. (Submitted photo)
FILE - In this Feb. 8, 2018, file photo, the logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange.  Twitter is imposing new rules, Friday, Oct. 9, 2020,  ahead of the U.S. presidential election, prohibiting people,  including candidates, from claiming an election win before it is called by either state election officials or two authoritative, national news outlets. (AP Photo/Richard Drew, File)

Twitter to pay $100,000 over Washington campaign violations

The company failed to maintain records related to ads that ran from 2012 through 2019.

  • Oct 13, 2020
FILE - In this Feb. 8, 2018, file photo, the logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange.  Twitter is imposing new rules, Friday, Oct. 9, 2020,  ahead of the U.S. presidential election, prohibiting people,  including candidates, from claiming an election win before it is called by either state election officials or two authoritative, national news outlets. (AP Photo/Richard Drew, File)
FILE  - In this Sept. 30, 2020, file photo, a Boeing 737 MAX jet, piloted by Federal Aviation Administration (FAA) chief Steve Dickson, prepares to land at Boeing Field following a test flight in Seattle. Boeing says the pandemic will reduce demand for new planes for the next decade, long after experts expect a vaccine for COVID-19. The company updated its forecast of the airplane market on Tuesday, Oct. 6, 2020. It remains upbeat about long-term prospects driven by increasing air travel in Asia. Boeing, which along with Europe’s Airbus dominates the aircraft-building industry, has seen orders and deliveries of new planes crumble this year. (AP Photo/Elaine Thompson, File)

Boeing’s struggles continue: No jetliner sales in September

The company has suffered 448 cancellations for the Max and dropped another 602 orders from its backlog.

FILE  - In this Sept. 30, 2020, file photo, a Boeing 737 MAX jet, piloted by Federal Aviation Administration (FAA) chief Steve Dickson, prepares to land at Boeing Field following a test flight in Seattle. Boeing says the pandemic will reduce demand for new planes for the next decade, long after experts expect a vaccine for COVID-19. The company updated its forecast of the airplane market on Tuesday, Oct. 6, 2020. It remains upbeat about long-term prospects driven by increasing air travel in Asia. Boeing, which along with Europe’s Airbus dominates the aircraft-building industry, has seen orders and deliveries of new planes crumble this year. (AP Photo/Elaine Thompson, File)
Valdis Dombrovskis, Vice-President of the EU Commission, speaks at a press conference in Berlin, Germany, following the informal talks of the EU Trade Ministers on Monday, Sept. 21, 2020.  (Bernd von Jutrczenka/Pool via AP)

Rule: EU can impose $4 billion in tariffs over Boeing support

Tax breaks for Boeing from Washington state were deemed to have unfairly harmed certain Airbus jets.

Valdis Dombrovskis, Vice-President of the EU Commission, speaks at a press conference in Berlin, Germany, following the informal talks of the EU Trade Ministers on Monday, Sept. 21, 2020.  (Bernd von Jutrczenka/Pool via AP)
Newly certified teacher Shana Brown assists a student with a Zoom meeting, while overseeing a class of seven students, in the former warehouse space at Malicious Women Candles on Tuesday, Sept. 15, 2020 in Snohomish, Washington. (Andy Bronson / The Herald)

For some Snohomish County kids, a warehouse is a schoolhouse

Employers made space for students to attend virtual classes on-site. But at least one learning pod had to shut down.

Newly certified teacher Shana Brown assists a student with a Zoom meeting, while overseeing a class of seven students, in the former warehouse space at Malicious Women Candles on Tuesday, Sept. 15, 2020 in Snohomish, Washington. (Andy Bronson / The Herald)