Here’s an unfortunate juxtaposition of headlines from today’s Everett Herald: Economy hinges on Boeing, Snohomish County Executive Aaron Reardon says Snohomish County’s best hope for weathering the economic crisis is to make sure the Boeing Co. keeps production of the 787 Dreamliner jet in south Everett, County Executive Aaron Reardon said on Tuesday. Boeing predicts…
Category: News
News, current events, etc.
Official Word on Microsoft Layoffs: 1,400 Now, 5,000 Total
Here’s the official word on the long-rumored layoffs at Microsoft, courtesy Todd Bishop at TechFlash: Microsoft this morning announced earnings well below its previous estimates and said it will be cutting 5,000 jobs over the next 18 months to adjust to the new economic reality, including 1,400 positions today. The company isn’t saying how many…
Foreclosure / Short Sale Mess in Tacoma
We’ve seen plenty of these kinds of articles and news reports about the foreclosure situation down in southern California, but I don’t think many people ever would have expected to see such a piece written about the Seattle area: Foreclosures mean work for “trash-out” specialists Contractors who specialize in cleaning and maintaining the nation’s growing…
Virgin: Maybe no bottom in 2009 after all
A couple weeks ago we mentioned a recent Bill Virgin column in which he sorta kinda called a bottom for housing (and the economy) in 2009. Well, a lot has changed in Bill’s world in the last few weeks, and his tune has changed slightly. Forecast of short recession looks shaky It is a sobering…
Weekend Roundup: Fence-Sitters, Incentives, Office Vacancies
Here are some stories from the last few days that didn’t make the cut for their own posts. Aubrey Cohen, Seattle P-I: Home buyers getting off the fence “There’s still a lot of people who have jobs and a lot of people who’ve moved into the market area and have been sitting, waiting to have…