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Wednesday,  November 27 , 2024

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Business Briefs

Microsoft pays $25M to settle corruption charges

July 23, 2019, 5:59am Business

NEW YORK -- Microsoft is paying more than $25 million to settle federal corruption charges involving a bribery scheme in Hungary and other foreign offices. Read story

British Airways pilots vote to strike in pay dispute

July 22, 2019, 9:48pm Business

LONDON -- British Airways pilots voted overwhelmingly to take strike action amid a long-running dispute over pay, their union said Monday. Read story

Vacasa hires CFO in pursuit of big ambitions

July 22, 2019, 6:04am Business Briefs

Vacation rental management company Vacasa named a veteran corporate finance executive as its new chief financial officer Wednesday, another signal of the Portland company's big-time ambitions. Read story

Southwest flight gives out Nintendo Switch

July 22, 2019, 6:01am Business

DALLAS -- Passengers on a Southwest Airlines flight got more than a small bottle of water when they boarded their plane. Read story

Oregon’s jobless rate still near record lows

July 19, 2019, 4:48pm Business

Oregon's unemployment rate has been at or near a record low percentage for about three years. Read story

Columbia Helicopters tries again to sell business

July 19, 2019, 6:03am Business

Columbia Helicopters said Thursday it will be sold to a private equity firm, the second time in less than a year the Oregon company has announced a sale. Read story

Seattle, Portland car-rental, ride-hailing firm shuts down

July 19, 2019, 6:02am Business

SEATTLE -- ReachNow will shut down its car-rental services in Seattle and Portland this week, the company announced Wednesday, citing a corporate "realignment." Read story

Alder Street food cart pod secures new location

July 19, 2019, 6:01am Business

Portland's famous Alder Street food cart pod, recently evicted to make way for a Ritz-Carlton hotel, has secured a new location along the North Park Blocks. Read story

Umpqua reports $111.8M profit for second quarter

July 19, 2019, 6:00am Business

Umpqua reports $111.8M profit for second quarter Read story

TriMet installs lights to boost buses’ visibility

July 17, 2019, 6:02am Business

PORTLAND -- TriMet installed bars of distracting, bright lights atop dozens of buses earlier this year as part of what it is calling a safety program designed to make the 40-foot-long buses more visible to drivers, pedestrians and cyclists. Read story