Boeing reports $11.8 billion annual loss in latest quarterly results
ARLINGTON, VA—The Boeing Company delivered its fourth quarter results on Tuesday, January 28, clocking a 31% decrease in revenue from 2023 which it says was driven by the IAM strike and other factors. Net earnings for the quarter were a loss of $3.9 billion for an annual earnings loss of $11.8 billion. Annual revenues for […]
Boeing Reports Preliminary Fourth Quarter Results
ARLINGTON— The Boeing Company announced on Thursday, January 23, it will recognize impacts to its financial results related to the IAM work stoppage and agreement, charges for certain Defense, Space & Security programs and costs associated with workforce reductions announced last year when it reports fourth quarter results on January 28. The company expects to […]
With final speech, Inslee bids adieu as Washington governor
OLYMPIA—Washington Governor Jay Inslee used his final State of the State speech to a joint session of the Legislature on Tuesday to frame a 12-year legacy that spanned a pandemic, historic natural disasters, unmatched expansion of government and a quixotic bid for president. The three-term Democrat told members of the House and Senate that serving in the […]
Washington to send 150 fire personnel to assist LA fires
OLYMPIA—In response to the deadly Los Angeles (LA) fires, Washington State’s Emergency Management Division is coordinating nine task forces made up of 45 engines, 11 trucks and 146 personnel with fire departments across the state. The state’s Department of Natural Resources will also be sending additional fire equipment and personnel. “I have been in touch […]
SBA approves disaster assistance for Washingtonians impacted by bomb-cyclone
OLYMPIA—The Small Business Administration (SBA) late Monday, December 23, approved Governor Jay Inslee’s request for a disaster declaration following the Bomb Cyclone that occurred November 17-25. The SBA declaration makes low-interest federal loans available to Washington businesses and residents affected by the storm in Chelan, King, Kitsap, Kittitas, Pierce, Snohomish and Yakima counties. “I appreciate […]
Making sense of Washington state’s multi-billion-dollar budget hole
OLYMPIA (The Washington Standard)—Washington state’s budget is, to put it nicely, in a world of hurt. There’s a big gap between what the state is collecting in taxes and what it needs to pay for its commitments in education, human services, health care, corrections and other day-to-day government operations. On paper, the chasm is billions […]
Somers appoints Mike Fong as new Executive Director for Economic Development
SNOHOMISH COUNTY—County Executive Dave Somers has selected a new Executive Director for Economic Development. Mike Fong will take over the role starting January 6, 2025. Fong has worked at the local, state, and national level on initiatives to support businesses and invigorate the workforce. He most recently served as Director for the Washington State Department […]
Snohomish County state lawmakers talk 2025 legislative priorities
EVERETT—Under the theme “One County, One Voice,” Representative Mary Fosse (D-Everett) moderated a bipartisan forum hosted by the Economic Alliance Snohomish County (EASC) on December 5 at Elks Lodge in Everett where panelists discussed housing affordability, behavioral health, childcare, economic development and labor force, transportation, infrastructure, and public safety. With Washington state facing a projected […]
New State Office of Independent Investigations to investigate first use-of-deadly-force incident
OLYMPIA—The Washington State Office of Independent Investigations (OII) will soon begin its first investigation since the agency was created by the state legislature in 2021 in the wake of national calls for accountable use of force following the death of George Floyd and national riots that followed in the summer of 2020. OII is to […]
Washington state wants to increase bureaucrats’ salaries by $1.3 billion despite claims the state is facing a budget shortfall
When Jay Inslee took the job as Governor in 2013, the state’s annual operating budget was approximately $38.4 billion. After 12 years of the Inslee administration, the state is now spending almost twice as much per year, $75.5 billion. Yet, despite this massive increase in state spending, legislators are claiming that they will need another $10-12 billion over the […]
