Restaurant owners and chefs say prices of many ingredients — from sushi-grade fish, to cucumbers, to cooking oil — have shot up, especially in the last few months, as restaurants across the country have reopened and demand has spiked. Chefs and owners say customers balk at significant price increases, so in many cases, restaurant owners have been absorbing the extra costs. Debra Glassman, teaching professor of finance and business economics at the UW, is referenced.

Sonoma Biotherapeutics, a life sciences company developing treatments for autoimmune diseases, announced this week it raised $265 million to grow its operations in Seattle and the San Francisco Bay Area. David Tan, associate professor of management at the UW, is referenced.

The stock market staged a big comeback after plummeting Monday due to COVID-19 concerns. Economists believe the resiliency is a good sign as the COVID variants become more and more dangerous for the unvaccinated. Kevin Boeh, associate teaching professor of finance at the UW, is interviewed.

Former Tableau executive Kelly Breslin Wright was named president and COO of Palo Alto, Calif.-based Gong, an AI sales startup. Wright is also an assistant teaching professor of marketing at the UW.

It was almost a year ago that Athena Fitness in Olympia was facing financial doom. The women-owned business had opened just before the pandemic struck. In August of last year, new COVID restrictions threatened to put the owners out of business. So, what’s happened since? The UW’s Jennifer Fan, assistant professor of law, and William Bradford, professor of finance, are quoted.

Twenty-seven years to the day after founding Amazon in a Bellevue garage, Jeff Bezos has relinquished control of his company. Bezos’ trusted deputy, Andy Jassy, steps into his new role as Amazon’s CEO Monday. The UW’s Margaret O’Mara, professor of history, and Jeff Shulman, professor of marketing, are quoted.

A growing body of research shows that to optimize health and productivity, workers should adjust their workdays to their sleep schedules. Chris Barnes, associate professor of management at the UW, is quoted.

Companies can cut workers’ hours to reduce their eligibility for benefits, according to a study. Masha Shunko, assistant professor of operations management at the UW, is quoted.

Whether we like it or not, we learn a lot from our parents-including how we handle money. In fact, 30% of our financial behavior-good and bad-can be attributed to genetics, according to a 2015 study by the University of Washington that examined the financial decisions of identical twins.

Microsoft has laid out a broad initiative following the murder of George Floyd, setting goals for increasing the racial diversity of its employees, working to support racially diverse company partnerships and suppliers, and bolstering Black communities nationwide. Elizabeth Umphress, professor of management at the UW, is quoted.