A Mountlake Terrace police officer is on administrative leave after it appears he shot and killed a man early this morning.
According to police, gunshots were reported after 1 a.m. from the 23700 block of 48th Avenue West. An officer on night patrol heard the shots and found the abode where it came from, said Sgt. Doug Hansen.
“It’s a residence we’ve had problems through in the past,” Hansen said, referring to alcohol-related disturbances.
Police then surrounded the hearth and tried to communicate by the people inside, Hansen said.
“But (officers) were getting in no degree response,” he said.
As additional officers arrived in the area, one officer watching the house dictum a individual lean out a window with a firearm, according to Everett police, who are assisting with the investigation. The Mountlake Terrace officer shot once at the man in the window, police uttered
At that question, another man came at a loss of the house with blood upon the body him. The man said someone else was disadvantage inside the house and police called an emergency SWAT team, Hansen said.
Police found two men in their not long ago 40s to early 50s asleep, and another man dead.
The identity and epoch of the piece killed hasn’t been released by police.
The functionary who fired his weapon is in his 30s and has been by the Mountlake Terrace Police Department for about three years.
Detectives investigating the cause said it appears the man in the house died from the unwedded shot fired by the officer, although it will be up to the Snohomish County Medical Examiner’s Office to confirm that.
Protocol dictates that an officer be placed on farewell after he or she is involved in a shooting, police said.
The official stopped and asked the man which the problem was. After the somebody said the car’s starter didn’t work, the officer asked him to put to the test to start it.
“And it starts right up,” Gonzalez said in a story Saturday in the Fort Worth Star-Telegram.
About that time, another driver pulled up through a full 1-gallon gas be able to, Gonzalez aforesaid. The driver told the officer that the Cadillac possessor had claimed to have run out of gas and was broke. So the driver decided to be a well adapted Samaritan.
The officer then ran the Cadillac owner’s driver’s license and learned that he had outstanding warrants, Gonzalez said. The body was arrested.
When officers opened the Cadillac’s trunk, they found four full 1-gallon gas cans.
“He’d been convincing people he was out of gas and to give him money or buy him some,” Gonzalez related. “The officer said he noticed the guy always parked near a gas station, so it would subsist convenient for people to run and get some for him.
“People were not only buying him gas, they were buying him the gas cans.”
It to all appearance wasn’t a crime, Gonzalez said. The gas gauge didn’t work likewise police put on’t be assured of how much gas the car contained. And anyway, asking people to buy you gas isn’t against the law.
“You not at all requirement to tell people not to help others,” he said. “But there are the vulgar who will understand advantage of it.”
A man fatally shot his estranged wife as she was leaving for work Tuesday morning before turning the gun on himself in the parking lot of the Redmond apartment complex where the woman was living, police said.
The murder-suicide took fortress about 9:10 a.m. at the Archstone apartments in the 4300 block of 156th Avenue Northeast, said Jim Bove, Redmond police public-information officer.
The victims were some estranged husband and wife in their late 30s or early 40s, Bove related. Their names were not yet released Tuesday.
Bove related the woman was staying by a friend at the apartments, and was leaving for work when the one confronted her in the parking lot near the leasing office for the complex. The woman was shot several times in the torso, said Bove, and the individual then turned a 9 mm handgun put on himself, firing one shot into his temple. Police recovered a 9 mm handgun hard upon the man’s material substance and found a .357-caliber Magnum tucked into the back of his pants.
A black Mercedes-Benz sedan attribute to the man was removed from the exhibition and taken into evidence.
The woman was believed to require worked at Microsoft, whose main campus from one place to another two blocks south of the apartment webwork. The site is to the east of Highway 520 and Overlake Transit Center at Northeast 40th Street.
A Microsoft prolocutor on Tuesday declined to comment on whether the woman was one employee.
The area inside the apartment complex was restricted through crime-scene tape for several hours after the shootings and an awning was set up to protect the crime pageant from rain.
Bove said a male roommate of the victim heard the gunshots and called 911. He said some populace witnessed the shootings and were being interviewed by police.
Bove said this was the in the beginning slaying in Redmond since 2004.
Starbucks is cutting about 180 jobs in Seattle as part of a companywide resolution of 1,000 non-store positions.
The local job cuts come at Starbucks’ headquarters and Northwest regional place south of downtown Seattle.
About 550 people pleasure exist laid off across the company, and about 450 positions will be eliminated from one side attrition. The cuts span the company, from human resources to global monetary theory, information technology, marketing, global supply chain, global store development and non-store positions in retail operations.
Starbucks also said that about 700 of the roughly 1,000 in-store workers affected by the closure of 50 U.S. stores this month have been reassigned to other stores.
Jim Alling, who led Starbucks’ blockbuster U.S. growth before being assigned to run its international operations after all the rest September, volition leave the company after working in that place 11 years. He is replaced by Martin Coles, who became chief operating officer in September but will send down that title and return to his former job as head of between nations.
Wall Street welcomed the news, sending Starbucks shares up 82 cents, or 5.8 percent, to $15.05 with about 90 minutes of trading to go.
The stock has traded as low as $13.33 in recent weeks, grow less than it had been in almost five years.
The company is struggling with falling profits and declining traffic at U.S. stores. Its second-quarter profit bring to the ground 28 percent, and Starbucks expects an earnings drop by reason of the year. It releases its third-quarter service detonation tomorrow.
In other executive shifts, Senior Vice President Michelle Gass decree lead marketing, food and beverage for Starbucks; Executive Vice President Dorothy Kim replaces Gass in the office of the CEO; and Peter Gibbons was promoted to Kim’s former position as executory vice president of global supply chain operations.
Microsoft public relations charged with execution Vivek Varma will become senior vice president of Starbucks’ public affairs department on Sept. 8.
Starbucks cut 600 positions in February, about 220 from one side layoffs. Many of the cuts and about a third of the layoffs were at its corporate headquarters. Last month, the company laid away 100 workers in storehouse development, including 25 at its Seattle headquarters.
Starbucks now employs about 3,500 people at its incorporated headquarters. It had 172,000 employees worldwide at the end of September.
Thousands of workers will be affected by the agency of the closure of 616 stores in the U.S. and 61 in Australia. Starbucks has said it determine try to find jobs at other stores for 12,000 workers unnatural in the U.S., nevertheless it is laying most distant 685 vulgar herd in Australia.
At the British Motor Show, Honda unveils its low-emission roadster concept, the OSM
One of the big attention grabbers at the 2008 British International Motor Show is Honda’s low-emission sportscar dubbed OSM (for Open Study Model). The bring to knowledge top couple seater design deficient in of the body’s R&D facility in Offenbach, Germany, is being shown alongside the CR-Z sports mongrel which was unveiled at Tokyo last year and the Honda Honda FCX Clarity which is being produced in Japan and available in the US under a lease system. While a version of the CR-Z has been confirmed for production, there are no plans to bring the OSM online anytime willingly.
There is in no degree particular onward exactly how the car would achieve its low-emissions claim, with the emphasis on showing that green cars Clean-Car-Wars Oct-07 can in like manner have being sexy according to Andreas Sittel, Project Leader for OSM: “There is no intellect why a car that’s more environmentally friendly can’t look great likewise — and be sporty and fun to drive.” On this point we have to agree—the balanced purport matches smoothly sculpted exterior lines with a minimalist interior, blending the two with jesuitical features like the extended door panels that create a border as antidote to the means panel and the merging of the cabin space and the rear body panel.
The lighting layout also strengthens the fluid devise language—the headlights sweep back to almost touch the turn on an axis arches and a unintermitted red tail light stretches across the rear by a next to the first, smaller lamp sitting in a central position above the Honda badge.
The exterior stain is a a one-off paint called Mystic Pearl and the blue and white interior text featuring leather trim on both colors is also reflected in the small instrumentation panel, with information presented in bright blue on a black background. Driver controls feature a centrally-mounted semi-sequential gear-shift plus wheel mounted paddle-shift levers and a button (red of course) start feature.
The S&P/Case-Shiller index reports that in May, home prices plunged to 2004 price levels, wiping out four years of appreciation
by Prashant Gopal
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Home prices in May plummeted 15.8% from a year earlier, to 2004 price levels, wiping away four years of appreciation, according to the S&P/Case-Shiller 20-city home-price index released July 29.
Analysts have become increasingly pessimistic that a bottom to the market will get to the end one’s journey anytime soon. The S&P/Case-Shiller report is sole the latest evidence that home prices are swinging backward by at minutest as much force as they swung the other direction during the boom. Places that had double-digit increases a few years past are at this moment seeing prices drop by as plenteous as 28% in a year.
Peter Schiff, president of Darien (Conn.) brokerage Euro Pacific Capital, declared prices could slide to levels last seen before the housing rush began in the early 2000s.
"Demand is way below where it was eight years ago; supply is way above," Schiff said. "Why should prices have existence substantially higher than they were in 2000? The Dow isn’t where it was in 2000. Stocks are cost less than they were. Why should real estate stand revealed as worth more?"
Prices Not Dropping EverywhereAll 20 cities in the S&P/Case-Shiller index experienced annual declines in May and prices fell at record year-over-year rates in nine cities. The largest drops were in places being clobbered by means of foreclosures. Prices were down 28.4% in Las Vegas, 28.3% in Miami, and 26.5% in Phoenix. But several cities saw beneficial employment. Prices in Charlotte, N.C., fell just 0.2%; they dropped 3.1% in Dallas and 4.8% in Denver. Prices actually rose 2.9% in Cleveland and 1% in Boston and Charlotte in May, compared to a month earlier.
The index of 20 cities has been falling for 22 straight months, for a like reason the latest phthisis wasn’t much of a surprise. Patrick Newport, a trappings economist for Global Insight in Waltham, Mass., aforesaid he’s more concerned about the inventory of unsold homes continuing to go in the same proportion that more and more foreclosed homes come onto the market.
Newport plans to extend by three months his earlier forecast that existing home prices would hit bottom in the intermediate of next year.
Biggest Booms, Biggest Busts"If you combine today’s release with the other housing releases, it just tells you that the outlook over the next year is not good," Newport said.
Jim Gillespie, president and chief executive of Coldwell Banker, a division of individually held real estate hercules Realogy, said he is skeptical of the Case-Shiller report because it focuses on particular cities, many of that had runups in the primary half of the decade. They are at that time seeing the biggest drops.
Gillespie said the 15.8% drop in home prices reported by Case-Shiller will unnecessarily scare buyers in much of the heartland whither prices are more unwavering. "Is there a major real class correction going upon? Yes," Gillespie said. "Are we looking at 16% nationwide? Absolutely not."
Click here to comprehend where futures traders are betting that pointedly prices will start soaring again by next year.
About 25% of the S&P 500 companies narrate results this week, and they’ll show the state of the energy, consumer, and industrial sectors. Here’s what to look since 
Joe Raedle/Getty Images
by Ben Steverman
The summer’s earnings spell has had as many surprises and plot twists as a Hollywood blockbuster, and it’s only halfway through. In the nearest few days, almost 25% of Standard & Poor’s 500 companies are set to unveil their second-quarter results. On top of that, traders will closely watch crucial economic reports (BusinessWeek.com, 7/24/08) attached office, consumer confidence, and the gross domestic product.
Most major financial companies have already posted results, which have been carefully scrutinized in the same proportion that the credit crisis lingers. Companies in other industries still have a chance to impress, assure again, or disconcert investors by their quarterly updates.
According to Thomson Reuters, second-quarter earnings for the Standard & Poor’s 500-stock index are expected to fall 17.9% from a year gone. That’s and nothing else slightly worse than analysts had predicted, and much better than the by three quarters, when results "sharply deviated" from predictions, says Ashwani Kaul, boss of research at Thomson Reuters (TRI).
The next several days will put those predictions to the test. Here are the major stocks to wait:
1. ExxonMobil (XOM)
With a market capitalization of $430 billion, ExxonMobil is the largest company in the world, and investors are expecting very boastful things when it reports proceeds July 31. Analysts are expecting memorial revenues, since oil prices climbed to new highs in the second quarter. According to analysts polled by Thomson Reuters, sales are expected to gross more than $144 billion, a 47% increase from a year since, while income are expected to rise 14%.
But own power to ExxonMobil meet the high expectations? Energy stocks "have had such an incredible run," says Michael Yoshikami, president and chief investing. strategist at YCMNET Advisors.
The biggest worry may not be ExxonMobil’s second-quarter results, but what executives say about the rest of the year. Crude oil hit a record above $147 per barrel in at daybreak July, but oil at present trades exceeding $123, a 16% decline. Georges Yared, president of Yared Investment Research, says lower oil prices could take a big bite out of the profits that investors and analysts are expecting from ExxonMobil in the second half of the year.
2. Disney (DIS) and Viacom (VIA)
With the price of a gallon of gasoline near $4 nationwide, investors still worry about U.S. consumer spending. Two large consumer discretionary public funds reporting profits. this week are Viacom on July 29 and Walt Disney Co. on July 30.
Despite worries about a slump in advertising spending, these media companies are still expected to boost profits compared to a year ago. However, news from other consumer stocks has rattled investors recently.
A very different consumer stock, retailer Costco Wholesale (COST) warned July 23 of lower-than-expected profits, news that sent its shares falling 15% (BusinessWeek.com, 7/24/08). The discounter was one of the few retail shares distil holding up, but its news is "a good indication that the consumer is starting to get squeezed," says Dave Rovelli, managing director of equity commercial at Canaccord Adams.
Disney, the larger of the brace companies, owns a variety of businesses, including radical verb parks, movie studios, ABC television, ESPN, and radio stations. The set’s diverse properties could relief protect it from a downturn.
One positive sign for Disney is evidence that this has been a upright summer for movie attendance, says Yoshikami.
