OED Weekly Round-up: January 21-27

Seattle has a lot of cranes. The Atlantic discusses environmental regulations. Seattle business leaders express what they want from a Trump administration. Amazon continues to impress.

1. The argument against environmental regulations is based on the premise that they kill jobs. In a recent publication, Alana Semuels, of The Atlantic, attempted to answer the question, “Do Regulations Really Kill Jobs”.  She made the counter-argument that environmental regulations merely shift employment from one sector to another and do not lead to net job losses. An interesting piece of analysis to keep in mind when discussing how environmental regulations impact the Seattle Economy!

2. Amazon continues to revolutionize how business is done in America. Amazon Studios has become the first movie studio to receive an Oscar’s best picture nomination for a movie that was broadcast on a streaming service. Congrats Amazon!

3. Seattle has reclaimed its title as Crane Capital of America, the Seattle Times reports. Seattle has 62 cranes, which is nearly double the amount New York has.

4. Several Seattle business owners made their voices heard in an interview with the Puget Sound Business Journal. The Journal surveyed local business leaders on what they want from the administration’s first 100 days. Seattle is a city of leaders who stand up for what is just and support what is necessary.

OED Weekly Round-up. January 13-20

1. The West Seattle Junction and Chamber of Commerce have received a $20,000 grant to answer the question, ‘Who is West Seattle now?’. Their goal is to build a unified voice for all West Seattle businesses. The grants were offered through the Only in Seattle Initiative, which is a partnership between Seattle’s Office of Economic Development (OED), the Seattle Department of Transporation (SDOT), the Seattle Department of Neighborhoods (DON), and the Seattle Office of Arts and Culture (OAC)

2. Uwajimaya has new leadership! Tomio Moriguchi has retired from his position as chairman of the Asian grocery chain. His daughter, Denise Moriguchi, will be the new CEO. Tomio Moriguchi has been in charge of Uwajimaya since the late 1960s. Enjoy your well deserved retirement, Tomio!

3. King 5 News profiles Phorale, a South Park restaurant that is gaining notoriety for the work they are doing for community kids.

4. Envelop VR’s closure has not deterred Venture capital firm Madrona from investing in and developing virtual reality. “We continue to believe in the future of VR and AR – for consumer experiences, entertainment, and enterprise innovation,” Madrona Managing Director Matt McIlwain told the Puget Sound Business Journal. “We have a strong portfolio of AR/VR related investments and are committed to the category for the long term.”

5. On MLK day, 200 young female students packed into a crowded movie theater in Seattle to watch the blockbuster film, Hidden Figures, and learn more about STEM fields. The event was sponsored by Techbridge, a non-profit that encourages pre-teen and teenage girls from low income schools to pursue a career in STEM. Watch the story on Komo News.

Bravo, Techbridge.