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Archives: April 2012

April
25th

McClatchy reports first quarter loss, higher digital ad revenue

The News Tribune’s parent company, Sacramento-based McClatchy Company, today reported a first quarter loss of $2.1 million, or two cents a share.

That compares with a loss of $2 million in the first quarter of 2011.

The nationwide newspaper chain said its advertising revenues were down 6.8 percent from 2011′s first quarter, but circulation revenues were up by .4 percent. Digital advertising revenues increased by 2.7 percent in the quarter to 22.2 percent of the chain’s total advertising revenues.

Operating cash expenses excluding one-time restructuring costs declined by $9.7 million or 4.1 percent for the quarter.

“We continue

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April
25th

All Nippon Airways sets date for Tokyo service from Sea-Tac

Japan’s All Nippon Airways months ago announced its intention to begin non-stop service this year from Sea-Tac Airport to Tokyo. It just never announced a date.

Now the Japanese airline has announced that service will begin July 25. But if you’re looking to be one of the first Americans to travel in Boeing’s new 787 Dreamliner, you’ll have to wait a bit longer.

ANA, launch customer for the composite-bodied, twin-engine, long-range aircraft, had said it would use the new plane to link the Puget Sound area to Japan. That would have made Sea-Tac the second U.S. airport to have 787

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April
25th

Tacoma gas prices inching downward

Average gas prices in the Tacoma area are still well over the $4-a-gallon mark, but they’re inching downward, new figures show.

The News Tribune’s Gas Deal Finder shows average prices for a gallon of unleaded regular were $4.079 a gallon early today. That’s down from $4.092 a week ago and $4.103 a month ago.

Those prices are still above last year’s average during late April. Gas was selling for $3.995 a gallon then.

Nationwide, gas prices are also trending downward. Average price for a gallon of unleaded regular today were $3.831 a gallon. That compares with $3.882 a gallon

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April
25th

Boeing profits up 58 percent in first quarter

Boeing, feeling the positive effects of higher commercial aircraft delivery rates, posted earnings today of $923 milllion, or $1.22 a share, up 58 percent over last year’s first quarter totals.

The higher earnings came on revenues of $19.4 billion, up from $14.9 billion in 2011′s first quarter.

“Strong core operating performance from our production programs and services business continues to drive expanded earnings, revenue and cash flow for Boeing,” said Jim McNerney, the company’s chairman.

Wall Street responded positively to Boeing’s good earnings news Wednesday. At midday, Boeing’s stock was up by more than 4.2 percent.

Propelling those higher

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April
24th

Selected liquor stores in Tacoma, Hawks Prairie and Federal Way (among others) will close on Thursday

The state Liquor Control Board will close 14 of its stores beginning Thursday. The list of closures includes stores in Tacoma, Lacey and Federal Way.

The closures are due to reduced staffing levels, as some employees have left their jobs because of impending privatization of liquor sales in the state.

“The decision came down to how best to re-appropriate staff while at the same time maintaining uninterrupted service to all areas,” said Chris Liu liquor board retail director.

The closures will make available some 60 employees who will be reassigned to positions in stores that will remain open.

The local

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April
24th

United may buy up to 200 Boeing jets

United Airlines is preparing to buy as many as 200 new single-aisle jets, and Boeing is the favorite to win the deal.

Aerospace sources are reporting that Airbus, Boeing’s rival in the contest for the big United order, has walked away from the negotiations, leaving Boeing and its 737 the sole contender for the business.

The United buy would be a big boost for Boeing which suffered a setback last summer when longtime Boeing-only customer American Airlines split a big order between Boeing and Airbus.

Since then, Boeing has won a large order from Delta and Southwest and several large

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April
24th

WA liquor store liquidation – who paid what for which state outlets?

Following up on Monday’s story about the sales of the state’s liquor stores, we got ahold of the list of winning bids for auctioning off state liquor stores to the highest bidder. As we reported, the top bid was $750,000 for the South End Tacoma store. Here are the top 10 bids, generally located in the Puget Sound region.

Store Addess City Winning Bid Name
STATE LIQUOR

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April
24th

Enumclaw hospital gets a new president

Enumclaw’s new $75 million St. Elizabeth Hospital will have a new chief executive next week.

Donna Russell-Cook, who has served as chief executive officer at the Oklahoma Heart Institute Hospital in Tulsa since 2009, will become president of the Enumclaw hospital Monday.

She will succeed Dennis Popp, the long-time president of the hospital and its predecessor, the Enumclaw Regional Hospital, will postpone his previously announced retirement to serve as vice president of support services for Tacoma’s Franciscan Health System.

Franciscan is the parent company of St. Elizabeth, St. Joseph Medical Center in Tacoma, St. Anthony Hospital in Gig Harbor, St.

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