June 30, 2014
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Top Stories

Ex-Im Bank, once obscure, becomes a hot topic as employers tell its success stories

The little-known Export-Import Bank of the United States supports exports from 3,800 American companies, including nearly 200 companies in Washington. Time is running out for Congress to reauthorize an institution that President Reagan called "a valuable part of the international financial structure." Read more »

State Supreme Court hears SeaTac $15 minimum wage case

The state's high court heard arguments last week about SeaTac's $15 minimum wage, even as Gov. Jay Inslee said he will again support boosting the statewide minimum wage. In Seattle, activists announced boycotts to target businesses that are asking for a voter referendum on that city's $15 per hour mandate. Read more »

Labor unrest at West Coast ports could costs the nation's economy $2.5 billion per day

The West Coast's current union longshore contract expires today. If negotiations eventually lead to a work stoppage, the cost could easily run into the billions, according to a new report. 

Read more »

AWB joins business and political leaders to break ground on new STEM school in the Tri-Cities

Better education in STEM fields -- science, technology, engineering and math -- will help Washington's citizens and businesses alike. A new STEM-centered high school building in the Tri-Cities is an example of how to do it right.

Read more »

U.S. Supreme Court issues rulings on health care, public-sector union fees

In a pair of 5-4 rulings, the nation's high court said Monday that family-owned companies can opt out of the federal requirement to provide contraception coverage, and home-based care workers in Illinois cannot be forced to pay union dues. Read more »

Other News

Inslee's climate change proposal could be unveiled this summer

Gov. Jay Inslee's office could release its preliminary carbon emission reduction plan by the end of July, offering businesses a look at his proposal for using market forces to cut the state's greenhouse gas emissions in half. Read more »

AWB releases annual report for 2013

2013 "was an historic year on so many levels for AWB," President Kris Johnson writes in the association's annual report, released last week in print and online.  Read more »

Costs for state's health exchange exceed tax revenue

The state's health insurance exchange will need at least $53 million to keep its doors open next year. That's more than the $40 million allocated by the Legislature, but still not enough, according to some leaders of the exchange.  Read more »

U.S. Supreme Court rules unanimously in case brought by Yakima's Noel Canning

The nation's high court ruled last week on a case born in Yakima but with national scope. And while the nine justices ruled unanimously in favor of Noel Canning, the impact on this family business is not yet clear. Read more »

AWB to hold early round of candidate interviews for next week

AWB will hold open houses next week to meet candidates who are unopposed or in races with only two people running. Click for details.  Read more »

Russell Investments sold to London stock exchange group

The London Stock Exchange Group plans to buy Russell Investments for $2.7 billion. The purchase could mean local layoffs. Read more »

AWB Events & Resources

HR Forum: Pro tips on how to hire great new employees while staying out of the courtroom

A LinkedIn account executive is one of several experts who will discuss the latest trends in human resources next week during AWB's HR Forum in Seattle. 

Read more »

Sign up now to reserve your place at the 25th anniversary of AWB's Policy Summit

The AWB block of rooms at the Suncadia Resort is going quickly as registrations ramp up for the 25th anniversary AWB Policy Summit. Retired Gen. Stanley McChrystal will bring leadership lessons from his long career in the U.S. Army, and we'll also hear from a wide range of the state's business and political leaders. Register now. Read more »

Date changed for upcoming Equity Crowdfunding Summit

Leading state financial regulators and the legislative sponsor of this year's "equity crowdfunding" bill will speak at the upcoming Crowdfunding Summit in Seattle.

Read more »

They Said It

Senator supports Ex-Im Bank

"Without the Export-Import Bank, we are going to be hobbling businesses across the United States."
~ Sen. Maria Cantwell, D-Wash., speaking on the Senate floor about this little-known but key part of America's export economy.

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When higher ed collaborates with business, students win 

By Kris Johnson
For The Vancouver Business Journal 
Congratulations, you've graduated from college. Now what? For many students, that's the question they find themselves struggling to answer soon after the strains of "Pomp and Circumstance" have died down. 

But for the graduates of some of Washington's community and technical colleges, there's no question about what to do next: They go to work.
Click to read the full column from The Vancouver Business Journal

Flying High 

By Brian Mittge
Association of Washington Business 

Air Washington, a consortium of community and technical colleges, is using a federal grant to train workers for a critical and lucrative niche: aircraft maintenance and repair, along with high-tech composite fabrication. 
Click to read the full story from Washington Business Magazine
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