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Business Briefs

Portland Streetcar lands $1.1 million federal grant

December 24, 2018, 5:26am Business Briefs

 The Portland Streetcar received a $1.1 million grant from the Federal Transit Administration last week to speed up plans on a proposed 2.3-mile extension through Northwest Portland as well as a separate proposal to bring the transit line to the Hollywood District in Northeast Portland. Read story

Airbnb making new push for smoke, carbon alarms

December 24, 2018, 5:25am Business Briefs

 Airbnb wants more of its rental properties to have smoke alarms and carbon monoxide detectors. Read story

Amazon’s jet grows to 50 with lease of 10 more

December 21, 2018, 10:40pm Business Briefs

NEW YORK -- Amazon is expanding its airplane fleet, diminishing further its reliance on major delivery services such as UPS, FedEx and the U.S. Postal Service. Read story

Cargill sells malt business to European conglomerate

December 21, 2018, 10:40pm Business Briefs

MINNEAPOLIS -- Minnesota-based Cargill announced Thursday it had agreed to sell its malt business to Axéréal’s malt subsidiary, Boortmalt. The transaction involves the global malt business, including 15 facilities across four continents, representing more than 500 people, Cargill said in a news release. Read story

Zoom Care names new CEO days after acquisition

December 21, 2018, 10:37pm Business Briefs

PORTLAND -- Days after PeaceHealth announced it would buy Portland health clinic startup Zoom Care, the company has a new CEO. Read story

Dubai International marks its 1 billionth passenger

December 20, 2018, 6:39pm Business Briefs

The billionth passenger has flown through Dubai International Airport, now the world's third-busiest airport. Read story

Judge suspends Boeing-Embraer deal for 2nd time

December 20, 2018, 6:38pm Business Briefs

 A Brazilian judge has for the second time in a month stalled a $5.26 billion deal between airplane manufacturers Boeing and Embraer. Read story

Nike reports $847 million profit for fiscal Q2

December 20, 2018, 6:38pm Business Briefs

 Nike Inc. (NKE) on Thursday reported fiscal second-quarter profit of $847 million. On a per-share basis, the Beaverton-based company said it had profit of 52 cents. Read story

Downtown Redevelopment Authority approves budget

December 20, 2018, 6:37pm Business Briefs

The Vancouver Downtown Redevelopment Authority on Thursday approved a $19.4 million operating budget for 2019 and a $1.05 million capital budget. The authority oversees the city-owned Hilton Vancouver Washington. Read story

DiscoverOrg executive to emcee technology awards

December 19, 2018, 9:18pm Business Briefs

Katie Bullard, president and chief growth officer of Vancouver-based DiscoverOrg, will emcee the 2019 Oregon Technology Awards on April 17 at the Oregon Convention Center, the Technology Association of Oregon announced. Read story