PENINSULA DAILY NEWS for Friday/Saturday, August 10-11, 2012 PAGE
B5 $ Briefly . . . PT Food Co-op to celebrate 40th birthday PORT TOWNSEND — The Port Townsend Food Co-op will hold a 40th anniversary party at the Northwest Maritime Center, 431 Water St., from 2:40 p.m. to 6:40 p.m. Sunday, Aug. 19. The event is free and open to the public. Music will be provided by New Forge, with food samples from Dented Buoy Pizza, Cape Cleare Salmon and more. Local vendors will be on hand and there will be a special kids play area. A co-op member VIP room with Port Townsend Brewing Co. beer, selected wines and catering by InSeason Catering and an anniversary cake baked by Candace Hulbert of Uptown Catering/Candace’s Cookies. Parking is limited. Attendees are asked to carpool or take public transportation. The co-op store will close at 3 p.m. during the party. For more information, phone 360-385-2831, ext 308 or visit www.foodcoop. coop.
VIVIAN ELVIS HANSEN/PENINSULA DAILY NEWS
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Sam Nugent of Country Aire, left, is presented with a Choose Local bag by Kyle LaFritz, a member of the Port Angeles High School Roughriders wrestling team. The Choose Local campaign promotes local shopping. Kyle was driven to local businesses by volunteer Mackenzie Fitzwater (not shown) in a vehicle provided by Ernie Gray of Gray Motors.
Both your flight and suitcase are now arriving on schedule Airline punctuality is at 20-year high THE ASSOCIATED PRESS
NEW YORK — U.S. airlines are more punctual and less likely to lose your bag than at any time in more than two decades. Travelers still have to put up with packed planes, rising fees and unpredictable security lines, but they are late to fewer business meetings and are not missing as many chances to tuck their kids into bed. Nearly 84 percent of domestic flights arrived within 15 minutes of their scheduled time in the first half of the year — the best performance since the government started keeping track in 1988. The improvement over the first six months of 2011, when 77 percent of flights were on time, is mostly a result of good weather and fewer planes in the sky because of the weak economy. Airlines also are doing a better job of handling bags. Fewer than three suitcases per 1,000 passengers were reported lost, damaged or delayed January through June, a record low.
THE ASSOCIATED PRESS
A departure clock is seen at JFK International in New York. The two areas of improvement are related: When flights are late, bags often miss their connection. “My flights this year have been way better,” said Amanda Schuier, a sales manager for a Kansas City, Mo., trucking supplier who flies roughly four times a week.
One out of six is late There are still problems. About one out of every six flights is late — and that’s after airlines have adjusted
Feds won’t prosecute Goldman Sachs in probe THE ASSOCIATED PRESS
WASHINGTON — More than a million GE dishwashers are being recalled due to a fire hazard. The Consumer Product Safety Commission said Thursday the voluntary recall includes about 1.3 million GE, GE Adora, GE Eterna, GE Profile and Hotpoint dishwashers. The machines’ heating elements can fail and cause fires. GE has received seven reports of fires, three of which caused extensive property damage. No injuries have been reported. The dishwashers were sold nationwide from March 2006 through August 2009 for $350 to $850. They came in black, white, bisque, stainless steel and CleanSteel colors and finishes. The government said people should stop using the dishwashers and immediately disconnect the electric supply by shutting off the fuse or circuit breaker. The government said not to return recalled dishwashers to stores
schedules to account for congestion, said airline consultant Michael Boyd. But in the first six months of this year, nature has been kind to airlines. There have been 10 percent fewer thunderstorms than usual, according to data analyzed by the National Oceanic and Atmospheric Administration. There has also been less snow. In addition, the recession led fewer people to fly and prompted airlines to ground planes, clearing up airspace. In 2007, 14.8 million airplanes took off and landed at the nation’s 35 largest airports, according to the Federal Aviation Administration. Last year, the number was down 10 percent to 13.3 million. The airlines also are taking steps to improve their on-time performance. They include: ■ Better technology. Airlines are flying newer planes with fewer maintenance problems. ■ More realistic schedules. Flight times have been extended on some trips to account for air traffic delays. ■ Timely delivery of food and fuel. Airlines have revised contracts with suppliers to include incentives for on-time deliveries and penalties for late ones.
(serving the Peninsula since 1983)
where they were purchased but that GE will provide free repairs or rebates toward new dishwashers. For more information on the dishwasher recall, people can contact GE at (866) 918-8760 or visit GE’s website at http:// www.geappliances.com/ recall.
Google pays fine SAN FRANCISCO — Google is paying a record $22.5 million fine to settle allegations that it broke a privacy promise by secretly tracking millions of Web surfers who use Apple’s Safari browser. The penalty announced Thursday by the Federal Trade Commission is the largest fine the FTC has imposed against a company for violating an agreement with the agency. Google Inc. isn’t admitting any wrongdoing.
Nonferrous metals NEW YORK — Spot nonferrous metal prices Thursday. Aluminum - $0.8495 per lb., London Metal Exch. Copper - $3.4133 Cathode full plate, LME. Copper - $3.4275 N.Y. Merc spot Wed. Lead - $1896.50 metric ton, London Metal Exch. Zinc - $0.8361 per lb., London Metal Exch. Gold - $1615.00 Handy & Harman (only daily quote). Gold - $1612.90 troy oz., NY Merc spot Wed. Silver - $28.065 Handy & Harman (only daily quote). Silver - $28.067 troy oz., N.Y. Merc spot Wed. Platinum - $1411.00 troy oz., N.Y. (contract). Platinum - $1410.20 troy oz., N.Y. Merc spot Wed.
Peninsula Daily News and The Associated Press
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WASHINGTON — The Justice Department said Thursday it won’t prosecute Wall Street firm Goldman Sachs or its employees in a financial fraud probe. In a written statement, the department said it conducted an exhaustive investigation of allegations brought to light by a Senate panel investigating the 20082009 financial crisis. “The department and investigative agencies ultimately concluded that the burden of proof to bring a criminal case could not be met based on the law and facts as they exist at this time,” the department said. But the department added that if additional or new evidence were to emerge, it could reach a different conclusion about prosecuting Goldman if warranted. A Senate subcommittee chaired by Sen. Carl Levin, D-Mich., in April 2011 found that Goldman marketed four sets of complex mortgage securities to banks and other investors but that the firm failed to tell clients that the securities were very risky. The Senate panel said
Goldman secretly bet against the investors’ positions and deceived the investors about its own positions to shift risk from its balance sheet to theirs. The Justice Department’s decision capped a good day for Goldman as the Securities and Exchange Commission decided not to file charges against the firm over a $1.3 billion subprime mortgage portfolio. At the same time, the Justice Department’s decision ensured that the Obama administration will continue to feel political heat, particularly from the liberal wing of the president’s own party, for not having brought more prosecutions in the financial crisis. The Senate panel probe turned up company emails showing Goldman employees deriding complex mortgage securities sold to banks and other investors as “junk” and “crap.” Levin said during his subcommittee’s investigation that he believed that Goldman executives “misled the Congress” and that Goldman “gained at the expense of their clients, and they used abusive practices.”
GE Dishwashers
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