Business

CONSUMER CREDIT: More cautious shopping predicted

Consumers trimmed borrowing in May for the fourth straight month as the recession took another bite out of investments and drove unemployment higher.

RETAIL: Holidays come early to Sears, Kmart

It’s Christmas in July at Sears Holdings Corp.

YWCA FUNDRAISER: Credit union offers document ‘shred day’

The Washington State Employees Credit Union has scheduled a “shred day” this month, a free event where people can safely dispose of old tax returns, bank statements and other confidential papers by shredding them on site at the credit unions main downtown branch.

Boeing seeks labor guarantee

Labor and government officials appeared puzzled about what to do next in their effort to deter The Boeing Co. from setting up a second 787 Dreamliner assembly line at an out-of-state site. On Wednesday, U.S. Rep. Norm Dicks, D-Wash., disclosed the company wants guarantees of labor peace to consider putting the assembly in Washington.

Asset allocation can help reduce market risk

Asset allocation is the process of distributing funds among various investment instruments or asset classes for the purpose of managing risk.

New strategies coming to fashion

NEW YORK – Americans are increasingly shopping in their own closets for new looks, so merchants are diving in to help out.

EMPLOYMENT: Financial planners look to hire 20

Financial planning business Thrivent Financial for Lutherans is looking to hire 20 financial representatives in the Northwest by the end of the year, a news release states. The nonprofit defines the Northwest service area as Western Washington and western Oregon, according to the Thrivent Web site. Thrivent serves more than 108,000 members in the Northwest region. To learn more about a career with Thrivent, call 866-263-9631 or go to www.thrivent.com/careers/sales/index.html.

NETWORKING: Golf tournament benefits business group

The Better Business Bureau’s eighth annual Integrity Golf Classic is set for 8:30 a.m. July 27 at The Home Course, 2300 Hoffman Hill Blvd. in DuPont. It costs $150 per person and $500 per foursome to participate in the business networking golf tournament. Proceeds from the event will help to support the BBB’s education alliance. For more information, call George Stray at 206-431-2222 ext. 144 or contact him at events@thebbb.org.

TECHNOLOGY: Electronic reading device gets cheaper

Amazon.com Inc. cut the price of its Kindle electronic reading device to $299 Wednesday in an effort to attract more bookworms and make the gadget a mainstream hit.

Building back on market

OLYMPIA – The effort to lease the nine-story building that overlooks Capitol Lake has been kick-started back to life now that the city has dropped its plan to acquire the property, a co-owner of the building and a commercial real estate broker said Tuesday.