Business - Page 39

Portland’s largest bank to exit its namesake tower

Business
In a statement, U.S. Bank said it has decided not to renew its lease next year. Hundreds of employees will be moving out of...

Tualatin company aims to rapidly grow into energy storage business

Business
Solar energy output is inconsistent, sometimes too little meet demand and other times so much that some of it goes to waste. Batteries can...

Bank of Canada ready to cut faster — or slower — if it needs to, Macklem says

Business
OTTAWA — The Bank of Canada may adjust the pace of interest rate cuts if warranted, governor Tiff Macklem said on Wednesday after announcing...

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

Business
Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could...

CEOs of Kroger, Albertsons in court to defend plans for huge supermarket merger

Business
What the two CEOs say under oath on Wednesday about prices, potential store closures and the impact on workers will likely be scrutinized in...

Intel stock dives amid new reports on the chipmaker’s next move

Business
Intel shares are down 59.5% since the end of 2023, making it the Dow's worst performer and with a dwindling influence in the index....

This fall, Hollywood tries to balance box office with the ballot box

Business
This fall, Hollywood will be trying to capture the nation’s attention at a time when much of it will be directed at the polls....

China retaliates over EV tariffs with anti-dumping probe into Canadian canola imports

Business
OTTAWA — China has announced an anti-dumping investigation into Canadian canola imports in response to Canada planning to impose tariffs on Chinese-made electric vehicles,...

Operator announces mediated talks as Metro Vancouver HandyDART transit workers strike

Business
VANCOUVER — The operator of Metro Vancouver's specialized HandyDART transit system says it will meet with striking workers and a mediator on Sunday in...

Labor union calls for boycott of Fred Meyer after strike ends in Portland. Here’s what to know

Business
Labor union calls for boycott of shopping at Fred Meyer until "fair agreement is reached" and "admitted price gouging has stopped." PORTLAND, Ore....

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