Business - Page 6

Canadian travellers may face higher airfares for months even if oil flows resume soon

MONTREAL — Skyrocketing jet fuel costs threaten to push airfares up and flight numbers down well into the peak summer travel season, even as...

Businesses in Lloyd Center forced to seek a new location — or shut down

With an August 8 closure date looming ahead, some businesses who've set up shop in the Lloyd Center Mall are in a tough situation....

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled

A federal judge has blocked the $6.2 billion merger between local television giants Nexstar Media Group and Tegna until an antitrust lawsuit is resolved....

Kelowna, B.C., allowed to opt out of short-term rental rules this summer

The business community is applauding British Columbia's decision to allow the Okanagan city of Kelowna to opt out of rules limiting short-term rentals in...

Reports: Spirit Airlines asks Trump administration for emergency bailout to avoid liquidation

Skyrocketing fuel prices have put a further strain on the company as creditors question its future. WASHINGTON — Spirit Airlines has asked the...

Trail Blazers’ playoff return a boost for business: ‘Optimism we haven’t seen in 5 years’

The Blazers' playoff return is a boost for business, President Dewayne Hankins said in a KGW interview, where he also discussed arena renovations and...

‘They suck’: Lutnick criticizes Canada’s trade strategy

OTTAWA — U.S. Commerce Secretary Howard Lutnick attacked Canada's trade strategy on Friday, adding, "They suck." Lutnick was responding to a report in the...

Canadian, U.S. markets rally and oil prices sink as Iran says Strait of Hormuz open

TORONTO — Canada's main stock index rallied and U.S. markets moved further into record territory, as oil plunged after Iran's foreign minister said the...

Inflation expected to jump in March as Iran oil shock enters price data

OTTAWA — Statistics Canada will reveal the early impacts of the Iran war's oil price shock on inflation when the agency reports its consumer...

Oregon attorney general sues nonprofit founder accused of stealing nearly $837,000 in donations for disaster relief victims

The state alleges Marcus Brooks spent the funds on personal expenses, including child support, strip clubs and casinos. OREGON, USA — Oregon Attorney...

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