More units in West Seattle

By JOURNAL STAFF

Six years ago, workforce housing specialist Great Expectations acquired a congregate apartment building at 3266 S.W. Avalon Way. Now there's a plan from architect Tsuga Studio to add 11 more units (or rooms) at what's currently dubbed Alcove West Seattle.

Transit measure heads to voters

By JOURNAL STAFF

A measure to fund public transit and transportation programs over the next decade passed unanimously out of the Seattle City Council Tuesday and is headed to the November ballot.

Vigor, Samsung join on training center

By JOURNAL STAFF

Vigor Marine Group and Samsung Heavy Industries have signed a joint development agreement to pursue an advanced maritime training center in the Pacific Northwest.

Jobless claims fall to 5-decade low

U.S. applications for jobless benefits tumbled to the lowest level in more than five decades last week as layoffs remain historically low despite global economic uncertainty.

30-year mortgage rate hits 6.58%, highest level in nearly a year

By ALEX VEIGA

The benchmark 30-year fixed rate mortgage rate rose to 6.58% from 6.55% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.74%.

UP gains support for big rail merger

Union Pacific struck a deal with Canadian National to secure that rival's support for its proposed $85 billion acquisition of Norfolk Southern railroad.

Tumbles for Tesla and Alphabet yank Wall Street lower

By STAN CHOE

Stocks fell under the pressure of rising oil prices, which raise costs for businesses and erode their customers’ ability to spend. The price for a barrel of Brent crude oil, the international standard, jumped 7% to settle at $100.69.