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Wednesday,  November 27 , 2024

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Business Briefs

H&M stops buying leather from Brazil over fires

September 7, 2019, 6:04am Business

COPENHAGEN, Denmark -- Low-cost fashion retailer H&M said Friday it is suspending leather purchases from Brazil to make sure it is not supporting cattle farming that may be contributing to the fires in the Amazon rainforest. Read story

Farm co-op NORPAC to close plant, lay off nearly 500

September 7, 2019, 6:00am Business

SALEM, Ore. -- NORPAC vegetable farmers' cooperative has filed notice that it will lay off 485 workers and close its Stayton processing facility Oct. 31. Read story

Capital One hacking suspect pleads not guilty

September 6, 2019, 3:42pm Business

SEATTLE -- The Seattle software engineer known online as "erratic," who is accused of hacking into Capital One's computer systems and compromising the personal data of more than 100 million customers, pleaded not guilty Thursday in U.S. District Court to federal wire- and computer-fraud charges. Read story

Oregon Potato Co. to close Stayton plant

September 6, 2019, 6:03am Business

The Oregon Potato Co. plans to close a plant in Stayton next month and lay off all 485 employees who work there, beginning at the end of October. Read story

New York City sues T-Mobile for tricking customers

September 6, 2019, 6:02am Business

NEW YORK -- New York City is suing T-Mobile for what it calls "abusive sales tactics" at Metro by T-Mobile stores, the wireless carrier's prepaid phone brand. Read story

Lumber Liquidators founder increases stake in retailer

September 6, 2019, 6:01am Business

Lumber Liquidators Holdings Inc. founder Tom Sullivan has boosted his stake in the flooring retailer that he wants to acquire. Read story

Clark County awards mark disability employment awareness

September 6, 2019, 6:00am Business

Clark County will present five Community Awards intended to honor the role of people with developmental disabilities in the workforce and business community. The ceremony will be held from 4 to 6:30 p.m. Oct. 2 at the Heathman Lodge, 7801 N.E. Greenwood Drive. Read story

American Eagle Outfitters’ same-store sales disappoint

September 4, 2019, 6:07pm Business Briefs

American Eagle Outfitters fell after posting worse-than-expected same-store sales for the second quarter, signaling even its investments in denim and lingerie can't fend off a wider malaise in the struggling apparel sector. Read story

Kroger asks customers to not display their firearms

September 4, 2019, 6:06pm Business Briefs

Kroger followed Walmart in asking customers not to display their firearms in stores located in "open carry" states, becoming the latest big chain to reshape its business around gun reform amid a spate of mass shootings. Read story

Blast at Precision Castparts injures 3 employees

September 4, 2019, 6:05pm Business Briefs

A small explosion at a Precision Castparts plant in Southeast Portland left three workers with apparent minor injuries, according to the fire bureau. Read story