Business - Page 6

Starbucks founder Howard Schultz moves to Florida after retirement

Business
Some Republicans tie the timing to the newly passed tax on wealthy residents, while Democrats say Schultz’s move is unrelated. SEATTLE — Starbucks...

Oregon legislature OKs bill that allows local governments to collect more lodging taxes

Business
HB 4148 allows for a larger percentage of local lodging tax revenue to pay for local government services, including roads and emergency services. ...

Inflation likely to spike in coming months after tame February reading

Business
Inflation likely was elevated last month even before the spike in oil and gas prices of the past two weeks that is expected to...

Investigators release videos of person of interest after fire at Elephants Delicatessen in Northwest Portland

Business
The fire started on the outside of the building and quickly spread into the attic, causing part of the roof to collapse, Portland Fire...

Oregon bill would let businesses round prices after US penny production comes to an end

Business
A Portland tobacco shop owner is absorbing daily losses to give customers correct change as the penny shortage impacts stores and restaurants. PORTLAND,...

Meta has acquired Moltbook, a social media network designed for AI agents

Business
Moltbook is a Reddit-like site where artificial intelligence bots can interact with each other autonomously. WASHINGTON — Facebook's parent company Meta, has...

Damian Lillard joins ownership group to open Portland’s first luxury sports lounge

Business
Honorable Mentions opens inside The Benson Hotel on Southwest Broadway in downtown Portland. PORTLAND, Ore. — Portland Trail Blazers' Damian Lillard is...

‘That’s a drop in the bucket’: Oregon vows to continue fighting Live Nation after DOJ settlement

Business
Live Nation and Ticketmaster face a $280 million fine in a settlement, but critics say it doesn’t go far enough to address the company’s...

Oil and gas prices rapidly rise as Iran war shows no signs of letting up

Business
In the U.S., a gallon of regular gasoline rose to $3.41 on Saturday, up about 43 cents from a week ago, according to AAA....

Design Commission approves master plan for Lloyd Center; management group speaks out

Business
The approval greenlights the framework for the renovation project. The mall is set to close before the end of the year. PORTLAND,...

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