Business

Business
Craig Lorch, right, one of the owners of electronics recycler Total Reclaim Inc., which is based in the Seattle suburb of Kent, Wash., walks towards a federal courthouse with attorneys John Wolfe, left, and Rebecca Gorn, center, Tuesday, April 23, 2019, in Seattle. Lorch and co-owner Jeff Zirkle were sentenced to 28 months in prison Tuesday for what prosecutors described as the largest known fraud of its type in the nation: a seven-year scheme to ship dangerous waste to Hong Kong, rather than safely handling it in the U.S. as promised. (AP Photo/Ted S. Warren) WATW102 WATW102

Largest e-recycling fraud in U.S. history sends owners of Kent firm to prison

From consumers and business customers in Seattle and across the Northwest, Total Reclaim collected and shipped 8.3 million pounds of mercury-containing flat screen monitors to Hong Kong, while telling clients the electronics would be handled in an environmentally safe manner.

Top Stories

The Hunts Point mansion that once housed hundreds of millions of dollars worth of art has sold for $37.5 million, the most in recorded history for a house in Western Washington.
Real Estate

Peek inside the Hunts Point mansion, famous for huge art collection, that sold for record $37.5 million

A sprawling waterfront estate that served as an art collector’s paradise has sold in Hunts Point for $37.5 million, smashing the record for the most expensive home sale in the Seattle area.  WATCH

Twenty feet below modern Yesler Way, manager Tony Ricardi stands in the original bar entry of Merchants Café, founded in 1890 — before the streets of Seattle’s Pioneer Square district were rebuilt at higher elevation. To protect these spaces, known as areaways, the city will ban heavy trucks from curbside lanes, where the forces might damage 19th century masonry walls. 210025
Traffic Lab

Delivery trucks to be banished from fragile curbsides of Pioneer Square

The Seattle Department of Transportation (SDOT) announced the policy Tuesday, to forbid vehicles heavier than 10,000 pounds from the curb lane.

In this Thursday, April 18, 2019 photo, a man rests and reads the Bible while sitting across the street from the proposed site of a homeless shelter in San Francisco. The city of San Francisco, which has too little housing and too many homeless people sleeping in the streets, is teeming with anxiety and vitriol these days. A large new homeless shelter is on track to go up along a scenic waterfront area dotted with high-rise luxury condos, prompting outrage from some residents. (AP Photo/Eric Risberg) FX703 FX703
Business

San Francisco seethes over tech, housing and the homeless

A large new homeless shelter is planned for a scenic waterfront area dotted with luxury condos. The uproar over it is among recent examples of strife in an expensive city that is both overwhelmed by tech wealth and passionate about social justice.

Don't Miss

Brendan Kennedy, Tilray CEO
Business

This Seattle-area CEO made more than the heads of Microsoft and Starbucks — and he’s not in the tech sector

Technology

Samsung delays launch of Galaxy Fold after screen failures  VIEW

Workplace wellness programs barely move the needle, study finds. (Dreamstime/TNS)
Workforce

Workplace wellness programs barely move the needle, study finds

Seattle City Lights new $275 million substation on Minor Avenue and John Street resembles a silver spaceship on the outside and features a dog park on its west side. This view looks south toward downtown Seattle. Photographed on February 28, 2019. 209167
Local Politics

Seattle’s new substation will power Amazon’s neighborhood, and it has a dog park  VIEW

Boeing 737 MAX

Throttle controls are seen in the cockpit of a grounded Lion Air Boeing Co. 737 Max 8 aircraft at terminal 1 of Soekarno-Hatta International Airport in Cenkareng, Indonesia, on Tuesday, March 15, 2019. Sunday’s loss of an Ethiopian Airlines Boeing 737, in which 157 people died, bore similarities to the Oct. 29 crash of another Boeing 737 Max plane, operated by Indonesia’s Lion Air, stoking concern that a feature meant to make the upgraded Max safer than earlier planes has actually made it harder to fly. Photographer: Dimas Ardian/Bloomberg 775315808

Why Boeing’s emergency directions may have failed to save 737 MAX

A Boeing 737 MAX-8 airplane being built for Cayman Airways sits on the edge of the runway at the Renton Municipal Airport on November 7, 2018. The 737 factory is located at the north end of the airport. 208421

Grand jury subpoena shows sweep of criminal probe into Boeing’s 737 MAX certification

Just over seven weeks after it rolled out of the paint hangar, Boeing’s first 737 MAX “the Spirit of Renton” lifts off the runway and flew for the first time Friday, from Renton Municipal Airport at 9:48 a.m. January 29th, 2016.

Complete coverage of Boeing’s 737 MAX »

A row of Boeing 737 MAXs are parked along Lake Washington behind the 737 plant in Renton. Photographed on March 13, 2019 209611 209611

Flawed analysis, failed oversight: How Boeing and FAA certified the suspect 737 MAX flight control system

Technology

There are many tools for setting up two-factor authentication, a security mechanism that prevents improper access. (Glenn Harvey/The New York Times)

Protecting your Internet accounts keeps getting easier. Here’s how to do it.

Tech Reviews & Tips

Cellphone and robocall. (Teeradej Srikijvilaikul/Dreamstime/TNS)

How to stop robocall spammers and exact revenge

Real Estate

The Hunts Point mansion that once housed hundreds of millions of dollars worth of art has sold for $37.5 million, the most in recorded history for a house in Western Washington.

Peek inside the Hunts Point mansion, famous for huge art collection, that sold for record $37.5 million  WATCH

Retail

In this undated photo provided by Best Buy, the company’s chief financial and strategic transformation officer, Corie Barry, poses for a portrait. Best Buy announced that Barry, 43, will become the company’s CEO effective June 11, taking over from current CEO Hubert Joly, who will become executive chairman of the board after stepping down. (Best Buy via AP) NYBZ165

New CEO Corie Barry moved upward for two decades at Best Buy | In person

Maritime Industry

The Holland America cruise ship sits in the Smith Cove Cruise Ternimal early in the morning, August 11, 2018. 207235

For crew of 2,100-passenger cruise ship, frenetic ‘turnaround day’ in Seattle starts and ends the journey

Boeing & Aerospace

Boeing 737s, many of which are MAX 8 and 9’s, parked next to the 737 factory in Renton on March 15, 2019. (Mike Siegel / The Seattle Times)

737 MAX grounding cuts into Boeing profit and cash reserves

Amazon

Seahawks Head Coach Pete Carroll, quarterback Russell Wilson and General Manager John Schneider give a press conference at the Virginia Mason Athletic Center Wednesday, April 17, 2019. Earlier this week, Wilson and the Seahawks agreed to a four-year, $140 million contract extension and $65 million signing bonus. The deal keeps him with the Seahawks through the 2023 season and makes him the highest-paid player in the history of the NFL. 209957

Seahawks QB Russell Wilson gifts his offensive linemen $12,000 each in Amazon stock

Amazonia

Thanks to Amazon, Seattle is now America’s biggest company town

Microsoft

FILE – This July 3, 2014, file photo, shows the Microsoft Corp. logo outside the Microsoft Visitor Center in Redmond, Wash. (AP Photo Ted S. Warren, File)

Microsoft workers join China’s debate over grueling workweek

Starbucks

Starbucks CEO Kevin Johnson speaks Wednesday, March 20, 2019, at the company’s annual shareholders meeting in Seattle. (AP Photo/Ted S. Warren) WATW106 WATW106

Starbucks shareholder meeting had awkward moments, too

Economy

JPMorgan Chase chairman and CEO Jamie Dimon testifies before the House Financial Services Committee during a hearing, Wednesday, April 10, 2019, on Capitol Hill in Washington. (AP Photo/Patrick Semansky) OTK OTK

Billionaires are worried about capitalism — they should look in a mirror | Jon Talton

Featured Columnist

Billionaires are worried about capitalism — they should look in a mirror

Times Watch

The outlook for the Puget Sound economy, in 20 charts

Personal Finance

Amanda and Alex Lacomb are in their early 30s. She’s an IT supervisor, and he works for Boeing, so they have bright futures. Their annual income exceeds $100,000 a year. They are also new parents with a newborn (James, 9 months) and a mortgage on a condo. Their debts add up to about $315,000. Now they’re trying to figure out how to manage their debt, save for the future and sort out a lot of competing priorities. Photographed Tuesday, April 9, 2019. 209850

Seattle couple’s dilemma: How could they afford a second child? Here’s what financial planners advised.

Markets

FILE – In this Thursday, April 18, 2019, file photo, Tommy Kalikas, right, works with fellow traders on the floor of the New York Stock Exchange during the Brigham Minerals IPO. Stock investors had to go on a harrowing round trip over the last seven months, but the market may be in a healthier place after it. The S&P 500 index of big U.S. stocks is back to a record high, closing above 2,930 on Tuesday for the first time since Sept. 20. (AP Photo/Richard Drew, File) NYHK203 NYHK203

Stocks just hit a record — thank the Fed

Special Project

The FV Destination blasts through waves in the Bering Sea during the annual winter crab season.

NO RETURN: The final voyage of the Destination

International Trade

Wells Fargo’s interim CEO faces hecklers’ shouts of ‘frauds’

Wells Fargo & Co.'s critics stormed its annual meeting in Dallas, vowing to keep pressure on the bank even after the resignation of its chief executive officer. Investors, however, showed they're ready to move on. Interim Chief Executive Officer C. Allen Parker was interrupted more than a dozen times as he tried to deliver opening...

Most Read Business Stories

Latest business headlines

Markets Right Now: Stocks open slightly lower on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening slightly lower on Wall Street, a day after the S&P 500 surpassed the record high close it set in September. Several companies were making big moves after reporting their quarterly results Wednesday. EBay rose 4.4% after...