Brad's Business Highlights

Brad's Business Highlights

Monday: 4/14/2014

 
They’ve hinted about it in the past, but it looks like Amazon is getting into the smartphone business. The Wall Street Journal reports the company has been demonstrating versions of the Kindle-branded device in recent weeks. Reports are saying Amazon aims to announce the phone by the end of June and begin shipping by the end of September, ahead of the holiday shopping season.
 
Tuesday: 4/15/2014
 
Federal Way timber giant, Weyerhaeuser, is making changes at the top. The Puget Sound Business Journal reports three top executives are retiring. Senior Vice President Sandy McDade, Corporate Affairs V.P. Sara Kendall and Vice President of Investor Relations, Kathy McAuley, will all step down over the next few months. Four people within the company are being promoted to take over those duties.
 
Wednesday: 4/16/2014
 
Microsoft’s new CEO says the world is becoming a “mobile first, cloud first” world when it comes to data. The Puget Sound Business Journal reports Satya Nadella introduced Microsoft’s SQL server 2014 database last week in San Francisco. He says companies that take a comprehensive approach to data consuming and generating stand to realize a 60 percent return on their data assets.
 
Columbia Bank's Business Insight: Reducing Security Risks in a Mobile World. Cybercrime is pervasive, so fixing digital loopholes to reduce the risk of identity theft and fraud is critical. A stolen, unlocked mobile phone provides access to your email, social networks, storage apps, even Facebook. Ultimately, a thief can use all of this information to steal your identity. Be sure to create complex passwords and don't save them digitally-commit them to memory. Simply develop a combination of personal memories, milestones or dates that are easily recalled.
 
Thursday: 4/17/2014
 
Toyota unveiled a sportier version of its popular Camry at the New York Auto Show. The engineering remains relatively unchanged, though it will have better suspension to improve handling. The mid-sized sedan has long been the best selling passenger car in the U.S., but it’s been facing pressure from an onslaught of improved mid-sized sedan competitors, including a new Honda Accord and a new version of the Ford Fusion.
 
Friday: 4/18/2014
 
The Seattle area is seeing a hot housing market right now. In February, nearly a third of new homes sold above list price. That may sound like a recipe for a new bubble, but that might not be the case. The Puget Sound Business Journal crunched the numbers and while supply is tight, prices are actually down 2.7 percent for March, compared to a year ago. The president of Windermere says he’s seeing a lot of multiple offers on homes, but bidders are pumping the brakes when prices get too high.
 
 
 
 

Brad's Business Highlights

goode 4 business, columbia bank, business highlights, northwest business

Monday: 2/17/2014

More people are making the switch from cars to SUVs. Analysts predict in four years, one in five vehicles sold around the world will be a sport utility vehicle or crossover. Some automakers, like Ford, say they’re ahead of the trend.  Sales of Ford’s SUVs and crossovers surged 37 percent last year, compared to an industry average of 17 percent.

Brad's Business Highlights

goode 4 business, columbia bank, business highlights, northwest business

Monday: 2/10/2014   

Boeing is turning its focus toward fast-growing markets in Asia and the Pacific Rim. The Puget Sound Business Journal reports Boeing expects that region will need nearly 13 thousand new planes over the next 20 years. That equals out to about 1.9 trillion dollars of business. Most of those planes will be single aisle aircrafts, like the 737 model.

Brad's Business Highlights

goode 4 business, columbia bank, business highlights, northwest business

Beer consumption is falling flat among young adults. Experts say beer drinking is down 30 percent from 20 years ago. And twenty-somethings aren’t the only ones turning away from the suds, beer sales are down among all age groups. Researchers say Baby Boomers are drinking less and younger drinkers prefer cocktails and wine, with liquor and wine sales on the rise during the past twenty years. One bright spot for the beer business; craft beers, like many found here in the Northwest, are gaining popularity.

Brad's Business Highlights

super bowl money, seattle business, small business, boeing, money
Tuesday: 1/28/2014
The Super Bowl means big money for retailers. The National Retail Federation says 181 million Americans watched the big game, and everyone of them spent an average of 68 dollars and 27 cents on food, team gear, decorations and televisions. Nearly 8-million people said they planned to buy a new TV for the game. Total spending looks to end up around 12.3 billion dollars, which is a slight decline from last year.