Sunday Buzz is a weekly collection of insightful, entertaining and sometimes irreverent tidbits from the Puget Sound business community. Send tips or comments to email@example.com.
The private-equity firm that built Spirit AeroSystems after buying Boeing’s major parts plant in Wichita made a hefty profit when exiting the investment this month. Also, tech titans like Nadella and Bezos get drenched to raise money for ALS.
Teague, a local design firm famous for crafting the interiors of Boeing commercial jets and the look of the Microsoft Xbox, teamed up with Fremont custom bike builder Sizemore Bicycle to create a bike for the modern Seattleite.
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.