Puget Sound Business Journal articles

Recent articles from Puget Sound Business Journal

$16 billion deal for Immunex. (Week In Review).(Immunex Corp. and Amgen Inc.)(Brief Article)(Statistical Data Included)
December 21, 2001... Seattle-based Immunex Corp. and Amgen Inc. will combine forces in a $16 billion stock and cash deal. The details call for Amgen to pay $4.50 in cash and 0.44 shares of Amgen common stock for each share of Immunex, or a total of 85 percent in stock and 15 percent in cash. Thousand...

No joy for caterers this holiday season: Companies are cutting back on seasonal events.(Brief Article)(Statistical Data Included)
December 21, 2001... Call it the year of the scaled-back celebration. Many caterers and banquet-hall managers report business is down, as companies cut back on holiday events for their employees and clients. Others have put more effort into attracting bookings and report they've been able to stay even with...

Biz climate debate targets Ecology.(Washington's Department of Ecology)(Brief Article)
December 21, 2001... The state Department of Ecology has long been a lightning rod for a variety of environmental controversies, from, water rights to shoreline regulations. Now, the agency is being lit up by thunderbolts from a new storm cloud-- the debate over the state's business climate. After...

Xmas clicks for e-tailers.(Brief Article)(Statistical Data Included)
December 21, 2001... At Nordstrom Inc., same-store sales declined 5.2 percent in November. But the Seattle-based retailer has seen one bright spot--online. "Both sales and traffic have increased online," said Internet division general manager Julie Bornstein. "We've seen double-digit increases in sales...

Ripple effect: As Boeing retrenches, so do suppliers.(Brief Article)(Statistical Data Included)
December 21, 2001... Dave Tanonis has cut the payroll once, and he plans to do so again early next year as Hexcel Structures and Interiors trims production to match The Boeing Co.'s reduced orders. The Kent company laid off 30 production workers earlier this month, and Tanonis expects to cut up to 130 more...