| Seattle Specialty Insurance Services sold Seattle Specialty Insurance Services Inc. has been bought by Sterling National Corp., of Atlanta, for an undisclosed price. Bair: WaMu closure didn't hurt Wachovia The closure of Washington Mutual on Sept. 25, 2008, did not cause the run on Wachovia Bank the following day, according to Sheila Bair, chairwoman of the Federal Deposit Insurance Corp. Alaska Airlines August traffic up 10 percent Alaska Airlines said its August traffic jumped 10 percent last month compared with a year earlier. (ALK) Seattle museum needs $10M to avoid default The Seattle Art Museum is borrowing up to $10 million from its own endowment to avoid defaulting on the loan used to pay for its downtown expansion, according to records filed in King County Superior Court. (JWN) Esterline Q3 earnings jump; fiscal guidance raised Esterline Corp. reported third-quarter net income rose to $39.9 million, or $1.30 per share, from $42.5 million, or $1.09 per share a year earlier. (ESL) Washington to share $160M in education cash with 30 other states A consortium of 31 states that was led by Washington received a $160 million grant Thursday from the Department of Education to develop a student assessment system that is aligned to academic standards shared by each state. Microsoft giving $10M to nonprofit job training Microsoft Corp. is launching a $10 million grant competition for nonprofit organizations that are seeking support for job training programs. (MSFT) |