Port of Everett to have boat auction

  • Herald staff and news services
  • Monday, January 23, 2006 9:00pm
  • Business

The Port of Everett will hold an auction Wednesday to sell vessels that had been abandoned or are behind on marina fees. About 12 boats ranging from an eight-foot dinghy to several 30-footers will go on sale at 10 a.m. The boats are at the former Marine Spill Response Corporation Building on 13th Street just west of Marine View Drive. They can be viewed from 1:30 to 3 p.m. today or after 9 a.m. Wednesday.

A nonprofit technology group, the Center for Democracy and Technology, asked the Federal Trade Commission on Monday to stop a Bellevue software developer from allowing “deceptive and unfair” methods in distributing products that generate online pop-up ads. The company, 180solutions Inc., claims its products are used by more than 20 million people, many of whom get them from downloading free games and other software.

Disclosures that companies are selling private phone records have lawmakers and federal regulators moving to try to halt the practice. Senate Majority Leader Bill Frist, R-Tenn., said in a statement Monday that he will work with the head of the Senate Commerce Committee, Sen. Ted Stevens, R-Alaska, on a bill to criminalize the practice.

Users of IBM’s Lotus Sametime instant-messaging service will be able to connect to people on the rival America Online and Yahoo networks under a deal that underscores the technology’s transformation from a program for chatty teenagers into a common business tool. The arrangement announced Monday by International Business Machines Corp. means that the 15 million people who use Sametime will be able to communicate with those on the popular consumer-focused networks run by Time Warner Inc.’s AOL and Yahoo Inc.

The Treasury Department auctioned three-month bills at a discount rate of 4.29 percent, up from 4.27 percent last week. Six-month bills were auctioned at a discount rate of 4.34 percent, up from 4.315 percent last week. The three-month rate was the highest since these bills averaged 4.37 percent on March 19, 2001. The six-month rate was the highest since 4.42 percent on March 12, 2001. For a $10,000 bill, the three-month price was $9,891.56 while a six-month bill sold for $9,780.59. 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 4.43 percent last week from 4.41 percent the previous week.

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