Six weeks after being released from federal prison, Martha Stewart has reached a deal with Sirius Satellite Radio Inc. to create a 24-hour channel featuring cooking, gardening and entertaining programming for women. Stewart, who has parlayed her success at homemaking advice into a magazine, TV show and merchandising empire, has dabbled in radio work before, making 90-second “Ask Martha” radio segments.
Boeing announces 747 freighter pact
A Dutch company will work with the Boeing Co. on the modified 747s that will fly 787 components into Everett. Stork Fokker AESP will work on the pressure bulkhead – the structure that separates the cargo area from the cockpit – of the modified plane, Boeing announced Monday. Stork Fokker and Gamesa Aeronautica of Spain have been named to the group developing the 747 Large Cargo Freighter. They’ll work with Boeing engineers in Everett, Moscow, Russia and Canoga Park, Calif.
Epoch parent inks deal with DeCode
Nanogen Inc. of San Diego, which recently acquired Epoch Biosciences of Bothell, has signed a biotechnology supply and license agreement with DeCode Genetics. DeCode, which also operates a facility on Bainbridge Island, will provide a new genomic testing tool that incorporates Nanogen’s technology.
T-bill rates mixed in Monday auction
Three-month Treasury Department bills sold Monday at a discount rate of 2.805 percent, up from 2.71 percent last week. Six-month bills sold a discount rate of 3.04 percent, down from 3.065 last week. The new discount rates understate the actual return – 2.864 percent for three-month bills with a $10,000 bill selling for $9,929.10 and 3.130 percent for a six-month bill selling for $9,846.31. In a separate report, the Federal Reserve said Monday that the average yield for one-year Treasury bills, a popular index for changing adjustable rate mortgages, edged down to 3.32 percent last week from 3.33 percent the previous week.
Paine Field director Dave Waggoner will discuss the potential for commercial air service at the Snohomish County airport when the Everett Area Chamber of Commerce meets, 11:30 a.m. to 1:30 p.m. Friday at The Flying Pig Brewing Co., 2929 Colby Ave. Monday’s Business Calendar gave a wrong date for the meeting.
From Herald staff and news services