Sunday Buzz is a weekly collection of insightful, entertaining and sometimes irreverent tidbits from the Puget Sound business community. Send tips or comments to firstname.lastname@example.org.
An Iran Air Boeing 747 sits on the tarmac of an airport in Tehran.
Boeing has a government-approved deal to sell Iran Air some replacement parts to sustain its aging fleet of commercial airliners. Also: Seahawks hand out blingy Super Bowl rings to all staffers; Trupanion’s stock offering got an experimental assist from a social IPO website.
GrowLife, recently slapped by the SEC, has moved its marijuana grower-supplies business to Seattle. Also, Costco quickly warns hundreds of thousands of customers about potentially dangerous chicken.
Boeing’s CEO didn’t make the cut on our rankings of Northwest companies, but he did rank in a Chicago-area list; Microsoft produces an Android phone on Nokia’s behalf; Russell adds regional firms.
Boeing is a big beneficiary of the U.S. Export-Import Bank’s mission, but to Delta, it’s helping to finance foreign competitors. New pickle-maker shares something with its predecessor, Nalley’s.
Dr. Ben Carson, a strident Obama critic, is a longtime board member at Democratic-leaning Costco. Also: Baristas Coffee unveils audited financials with some surprises, and online retailer Rivet & Sway closes shop.
Seattle’s latest office amenity is a special room for dogs to conduct their business. Also, Little Sheep brings a Mongolian restaurant brand from Pizza Hut’s parent, and Microsoft will put translation software into Skype.
Sunday Buzz: Costco executives in Seville, Spain, for opening of warehouse; lackluster beginnings for local IPOs; Blue Nile ponders change in supply chain.
Seattle-based L&L Energy is the first U.S.-listed China company to be indicted on a charge of fraud, say prosecutors. Also, litigious developer Tim Blixseth puts Medina home under Chapter 11 protection.
The decade-old Minority Business Hall of Fame will get its first actual home at UW’s Foster School of Business. Also, Nordstrom ramps up the Rack’s online presence, and Eastside youngsters show it’s never too early to be entrepreneurs.
Starbucks is steaming ahead in Europe and the Middle East after years of struggle. Also, Seattle biotech’s IPO on the Tokyo Stock Exchange takes a tumble, and REI’s tighter returns policy saves millions.
The Bullitt Center is topping its energy goals and ready to implement its own water system and human-waste composting. Also, Bristol-Myers Squibb is building a biotech factory in Bothell. And coffee companies say higher-priced lattes would help out the growers of the beans.