Business - Page 6

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...

Seahawks fans rush to book Super Bowl tickets as prices soar

Business
For fans unable to afford the trip, alternative options are being organized with local venues planning watch parties. SEATTLE — Seattle Seahawks fans...

Amazon to close all Amazon Go and Amazon Fresh stores: Full list of current locations

Business
As part of Tuesday's announcement, Amazon said it plans to open more than 100 new Whole Foods Market stores over the next few years....

UPS plans to cut another 30,000 jobs and shutter more than 20 facilities in 2026

Business
The company announced the cuts as it "deploys automation" and moves away from shipments of low-priced goods, officials announced Tuesday. ATLANTA — United...

Nike to lay off 775 workers

Business
The layoffs are part of Nike's plans to consolidate its U.S. distribution center operations. PORTLAND, Ore. — This story comes from the Portland...

$8 wieners all week in Portland

Business
Portland Mercury's Wiener Week is back with over 45 restaurants serving up $8 hot dogs from Jan. 26 to Feb. 1. PORTLAND, Ore....

Oregon spent $3.1M suing the Trump administration — and saved $4.6B, Rayfield says

Business
Oregon Attorney General Dan Rayfield says 53 lawsuits against the Trump Administration this past year has protected $4.6 billion in federal funding for the...

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