Daily Intel

Seattle vs. Boston on the economic playing field
When it comes to the economy, Boston beats Seattle solidly, even though both cities are playing in the big leagues.
Jan 30, 2015 | 11:30 PM
Sumptuous seaside hotel sells for record-shattering $360M
An exceedingly opulent seaside resort in Southern California has sold for an eye-popping $360 million.
Jan 30, 2015 | 11:30 PM
Stock market heading lower in midday trading
NEW YORK (AP) — The stock market is heading lower in midday trading as investors sift through mixed economic and corporate news. The news sent prices for U.S. government bonds up, pushing the 10-year Treasury note's yield to 1.66 percent.
Jan 30, 2015 | 11:30 PM
Weyerhaeuser reports higher quarterly, annual earnings
Weyerhaeuser reports net sales from continuing operations rose by 2 percent for the year to $7.4 billion from just under $7.3 billion the previous year.
Jan 30, 2015 | 10:30 PM
Alibaba promises more action against fake goods
E-commerce giant Alibaba pledged Friday to do more to fight online sales of counterfeit goods, quickly settling a public dispute with a Chinese regulator after the value of its U.S.-traded shares plunged.
Jan 30, 2015 | 9:30 PM
AT&T, Verizon get more airwaves: Expect more mobile capacity
Consumers may see improved networks after AT&T and Verizon, the two largest U.S. wireless companies, spent billions in the government's latest airwaves auction.
Jan 30, 2015 | 9:30 PM
US pay and benefits rose at slightly faster pace last year
Wages and benefits rose at a slightly healthier rate last year, a sign strong job gains could be forcing companies to pay a bit more for workers.
Jan 30, 2015 | 9:30 PM
Ousted founder strikes back at biotech Acucela’s board
Less than a year after Seattle-based Acucela made a little history by going public on the Tokyo market, the biotech company is headed into another dramatic chapter.
Jan 30, 2015 | 9:30 PM
Costco to return $2.2 billion to investors as cash piles up
The dividend comes at a time of soaring fortunes for the Issaquah-based warehouse club chain — which has seen revenue and traffic frequency rise even as many other retailers, including archrival Wal-Mart, have suffered from tepid consumer demand.
Jan 30, 2015 | 9:30 PM
Paccar’s profits rise 16 percent
The Bellevue-based truck maker said 2014 yielded the second best annual profit in the company’s century-long history.
Jan 30, 2015 | 9:30 PM