Here’s a thread to discuss some of the not-so-great big news that has come out recently for the Seattle-area’s two biggest private employers. Boeing: Loses out on $40 billion Air Force tanker contract Microsoft: Facing class-action lawsuit for Vista hardware requirements Cutting boxed Vista prices (possibly due to disappointing sales?) Still trying to buy Yahoo!…
Tag: Microsoft
Will Seattle avoid recession, or feel the brunt?
It seems to be a foregone conclusion lately that the US is currently entering recession. Of course, much like the housing market, the some aspects of the economy are local, so we can’t assume that what’s going on nationwide will necessarily hit us here. Following are a couple of articles from the last few days…
Everett Development Bit by Finance Fallout
The still-tightening market for financing real estate is not only taking a bite out of individuals’ ability to buy homes. It’s also starting to affect the ability of large new construction projects to get financing to even begin building. New projects like a waterfront condo complex in Everett. The start of condominium construction on the…
News Quickie: Microsoft Might Not Save Us
Turns out we’re not the only ones that harbor some doubt about Microsoft’s ability to single-handedly shelter Seattle from a housing downturn. That exact subject was the topic of a recent Times editorial by Brier Dudley. Microsoft may not be minting millionaires anymore, but it’s growing at a time when Seattle’s glad for anything that…
Seattle is Different. We’re Totally Immune.
Dow, Nasdaq, S&P500Click to enlarge Microsoft & BoeingClick to enlarge Update: By request, here is a graph of today’s stock performance for a handful of other locally-based companies. Other Seattle-Area CompaniesClick to enlarge For those of you keeping score at home: Boeing: -1.95% Microsoft: -4.12% Amazon: -5.00% Starbucks: -3.94% Nordstrom: -7.59% Costco: -3.48% Washington Mutual:…