Business - Page 28

Business bounces back at landmark Old Town restaurant after it prepared to close its doors

Business
After it looked like Dan & Louis Oyster Bar might close late last year, the owner says Portlanders stepped up to support them —...

Acclaimed Portland restaurant República to close, citing immigration fears and tourism decline

Business
República owners cited a sharp drop in Canadian tourists, who made up about a third of the restaurant’s business, blaming Trump’s annexation rhetoric. ...

Saks to close most OFF 5th stores, all Last Call locations

Business
Saks Global is closing all but 12 Saks OFF 5th stores with sales starting next week. Here's the full list of locations. WASHINGTON...

Amazon announces 16,000 layoffs as business booms

Business
First the company announced Amazon Fresh and Amazon Go was shutting down. A day later, an additional 16,000 corporate jobs are getting axed too....

Columbia Sportwear and Breakside Brewing brewed what? Bear poop-infused beer.

Business
The limited-edition beer, aptly named “Nature Calls,” is described as a crisp lager infused with bear poop during the brewing process — and is...

Twin Peaks, Smokey Bones parent company files for Chapter 11 bankruptcy

Business
The restaurant company's filing comes a year after Twin Peaks' rival sports bar Hooters filed for bankruptcy and shuttered dozens of locations nationwide. ...

Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered

Business
The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it...

Amazon cuts 16,000 jobs in latest round of layoffs

Business
The reductions follow October's layoffs of 14,000 workers. U.S.-based staff will have 90 days to find a new role internally. SEATTLE — Amazon...

James Beard Public Market’s place in downtown Portland takes shape in new renderings

Business
The public market is still slated to open in 2027, and the new look can be credited to some happy discoveries made during demolition...

Powell’s City of Books announces new round of layoffs, promises new investments

Business
The country’s largest independent bookseller said this is the completion of the “final round” of layoffs but did not specify how many jobs were...

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