US home sales rebound slightly in February U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Dollar rises above 100 yen for 1st time in 4 years The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Obama to open middle-class jobs, opportunity tour Aiming to show he's still focused on creating jobs, President Barack Obama is beginning a series of quick trips around the country to resurrect ideas from his State of the Union address that became overshadowed by the intense debates over gun control, immigration and automatic spending cuts. More
Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
US home building is surging, but job growth isn't The resurgent U.S. housing market has sent builders calling again for Richard Vap, who owns a drywall installation company. Vap would love to help - if he could hire enough qualified people. "There is a shortage of manpower," says Vap, owner of South Valley Drywall in Littleton, Colo. More
Air China Shares Tumble as Earnings Miss Expectations Air China shares fell after the flag-carrier missed expectations in the latest quarter despite an uptick in air travel, as higher cost of goods and oil prices weighed on the carrier's bottom line. The ... 04/28/2024 - 6:15 pm | View Link
Stocks, Bonds Tumble After Economic Data Release A drop in shares of bellwether stock Caterpillar helped push the Dow Jones Industrial Average down more than 300 points, or 1%. The S&P 500 lost 0.5%. The tech-heavy Nasdaq Composite shed 0.6%, pulled ... 04/25/2024 - 9:47 am | View Link
Stock Market Today: Markets Tumble Amid Slower Economic Growth and Rising Prices This week's stock market rebound came to a screeching halt thanks to a disappointing reading on economic growth and mounting price pressures. Thursday's session got off to a rocky start as market ... 04/25/2024 - 9:08 am | View Link
ATN Shares Tumble 33% to More-Than-Ten-Year Low on Revenue Guidance, Earnings Miss By Chris Wack ATN International's shares are down 33% after the company said it is expecting revenue for fiscal 2024 to come in lower than ... 04/25/2024 - 7:12 am | View Link
Hyundai Motor's Q1 profit drops 2.4%, hit by weak domestic sales South Korean automaker Hyundai Motor Co's first-quarter profit fell 2.4 per cent, hit by a tumble in domestic sales, and it warned of a challenging business outlook due to rising competition and ... 04/25/2024 - 6:05 am | View Link
This year's list featured a new No. 1 as suburban Southwest Washington was finally blended into the mix of Oregon's fastest-growing cities of the last five years.
The company is “working with advisers to explore strategic options and gauge buyer interest,” Bloomberg reported, citing sources familiar with the company’s thinking.
This story is available courtesy of Portland Business Journal media partner KGW-TV.
A popular plant-based Indian restaurant, The Sudra, announced on social media that it will be closing its doors after 10 years of business in Portland.
"This winter was the worst we’ve had in years," Sudra said in an Instagram post.