Business & Economy

Green Aluminum? Complex Deal Seeks To Restart The Last Aluminum Smelter In The NW And Cut Pollution

By Tom Banse
The potential restart of the Intalco Works smelter near Ferndale, Washington, calls for millions in taxpayer dollars and a cheap power deal.
A complex deal is taking shape to revive the Pacific Northwest's last remaining aluminum smelter. Alcoa idled its Intalco Works smelter near Ferndale, Washington, a year-and-a-half ago and laid off virtually all the workers there. The plan to bring this industry back involves a new owner, cash from taxpayers and an uncertain new contract for cut-rate wholesale power. Read More

Northwest Apple Exports Are Down As Eastern European Growers Crunch Into U.S. Shipments

By Anna King
Cristina Campos removes damaged apples from the flume, the front end of the packing line, on Tuesday November, 20, 2018, at Gilbert Orchards in Yakima. CREDIT: KUOW PHOTO/MEGAN FARMER
A boom in American consumers’ online shopping during the pandemic has prompted a boost in imports from Asia. But that left U.S. agriculture products without a ride back. Many ships aren’t waiting to be loaded with agricultural goods at West Coast ports before heading back across the ocean with empty containers. Plus, the Trump administration’s trade war hit apples hard. Read More

It’s Pedal To The Metal As Washington State Lawmakers Push Ahead With Pandemic-Era Agenda

By Austin Jenkins
Washington state Capitol building in Olympia, March 10, 2021. CREDIT: Austin Jenkins/N3
Washington’s 105-day legislative session has crossed the halfway point and a key deadline for policy (non-budget) bills to clear their chamber of origin has passed. Majority Democrats are moving swiftly to enact a pandemic-era agenda focused on issues like tax reform, police accountability, racial equity and global climate change. Minority Republicans, meanwhile, are Read More

Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country

By NWPB News
File photo. Washington state's richest residents, including Bill Gates and Jeff Bezos, would pay a wealth tax on certain financial assets worth more than $1 billion under a 2021 proposed bill whose sponsor says she is seeking a fair and equitable tax code. Under the bill, starting Jan. 1, 2022, for taxes due in 2023, a 1% tax would be levied not on income, but on "extraordinary" assets ranging from cash, publicly traded options, futures contracts, and stocks and bonds. CREDIT: Elains Thompson/AP
Seattle’s technology billionaires are many things: innovators, visionaries, philanthropists and some less polite descriptors, depending on whom you ask. But thanks to some scrupulous digging by industry journal The Land Report, which tracks land ownership across the country, we now know that Microsoft co-founder Bill Gates has another feather in his multi hyphenated career Read More
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