Economy, Business, Finance, and Labor

Economy and business news

Austin Jenkins / Northwest News Network

A fiery partisan battle has erupted in Olympia over a union-backed measure involving homecare workers. Underlying the fight is whether these workers should be able to opt out of their union.

The debate led to tense moments on the floor of the Washington Senate late Wednesday night.

Elvert Barnes Photography / Flickr - tinyurl.com/yb563yzb

Uber and Lyft drivers may soon have to undergo tougher background checks in Washington state. Lawmakers are considering a proposal that would require drivers to pass a fingerprint background check before being allowed to operate.

Enrique Perez de la Rosa / Northwest News Network

In 1998, Washington residents voted to ban affirmative action in the state’s colleges and universities. But through that initiative, government agencies have also been barred from giving preferential treatment to minority-owned businesses in contracting.

Now, lawmakers are considering repealing the ban.

Tom Banse / NW News Network

A quartet of young companies from the Seattle area have raised tens of millions of dollars by tapping into a hot tech trend. They've invented new virtual currencies and sold digital coins to the public.

These token sales are largely unregulated and are sparking increasingly frequent government warnings.

Alaska Airlines

Alaska Airlines is following the lead of American Airlines, Southwest and dozens of other large companies in awarding $1,000 bonuses to its workers tied to the recently passed corporate tax cut.

Census Data Highlights Pacific Northwest Population Growth

Dec 27, 2017
U.S. Census Bureau

States in the Pacific Northwest are among the fastest growing in the country. And according to the latest census figures,  it’s gaining people more than twice as fast as the national average.

Migration to the region—rather than births—made up the bulk of population growth.

Visitor7 / Wikimedia - tinyurl.com/j6o4lkn

Workers in the state of Washington are about to get a new benefit. Starting January 1, the state will require all employers to provide paid sick leave.

It’s part of a law passed by voters in 2016 that also raises the state’s minimum wage.

Housing Markets In Northwest Cities Still Topping The Charts

Dec 26, 2017
Kevin Mooney / Northwest News Network

Home prices continued to climb in Seattle and Portland at some of the fastest rates in the country this year. The latest data show Seattle is still the nation’s hottest market.

Insitu

The unmanned aircraft industry cluster in the Columbia River Gorge is growing yet again. An Australian company that specializes in drone engines plans to open a factory in Hood River, Oregon, early next year.

 

Nicole Raine

A wide range of business groups and universities from Oregon, Washington and British Columbia are teaming up to nurture science and tech startups. Nearly 50 organizations involved in business development signed on to the new Cascadia Venture Acceleration Network.

Pages