Geely ditches Volvo merger but still needs its partner to go global
Geely has scrapped plans to merge its business with Volvo and will now focus its global ambitions on a joint venture with the Swedish carmaker on…
Continue ReadingBusiness
GameStop is up another 67% after doubling yesterday
GameStop shares rallied 67% ahead of the opening bell Thursday, following another blockbuster day for the stock. On Wednesday, the gaming…
Continue ReadingBig banks will need much less office space in the future
Three of Britain’s biggest banks have announced plans to dump expensive office space, a bet that remote work is here to stay even after the…
Continue ReadingAustralia passes new law requiring Facebook and Google to pay for news
Australia has passed a new law that will force tech companies to pay publishers for news content, setting the stage for potential, similar action in…
Continue Reading
New retail businesses come to Bend’s Eastside
The west side of Bend doesn’t have a monopoly on growth. A new retail business center, East End, is already fully leased near the town’s medical…
Continue ReadingNew Postal Service delivery vehicle unveiled. It’s a pretty radical change
Few things have changed less during the course of this century than this nation’s fleet of postal delivery vehicles. The squat, box-like van…
Continue ReadingFry’s Electronics suddenly went out of business
Fry’s Electronics suddenly closed all of its stores overnight, ending a nearly four-decade run in business. The company, which had 31 stores…
Continue ReadingTJ Maxx hopes customers will ‘revenge shop’ to make up for a lost year
TJ Maxx has taken a hit from the pandemic with fewer people visiting stores and picking up clothing. But the discount giant is betting that customers…
Continue ReadingTJMaxx hopes customers will ‘revenge shop’ to make up for a lost year
TJMaxx has taken a hit from the pandemic with fewer people visiting stores and picking up clothing. But the discount giant is betting that customers…
Continue Reading
Oregon OSHA fines second Florence restaurant $18K for COVID-19 health violations
Oregon OSHA said Wednesday it has fined a Florence restaurant $18,150 for three violations of standards designed to protect employees from the…
Continue ReadingDunkin’ is now selling avocado toast
Dunkin’ is certainly appeasing avocado-craving millennials with its new menu item. Beginning Wednesday, the chain has added avocado toast to…
Continue ReadingHousing market concerns begin to emerge
The housing market is still red hot. But there are growing concerns about how much longer this strength can last. Home Depot reported earnings and…
Continue ReadingAll-male boardrooms are a thing of the past at Britain’s top companies
Women now occupy at least one seat on the board of every major British company after a 50% increase in participation rates over five years, according…
Continue ReadingInvestors are betting on a Macy’s revival. Should they be?
Retailers have been battered by the pandemic, which triggered a plunge in foot traffic and caused demand for products like work clothing to all but…
Continue ReadingLA Times reporter explains how he led the way on the Tiger Woods story
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Richard Winton, the…
Continue Reading
Oregon breweries worry alcohol tax hike would cost jobs; bill backers disagree
On Tuesday, House Bill 3296, known as the Addiction Crisis Recovery Act, was introduced in Salem. And like many bills this session, it’s already…
Continue Reading Oregon OSHA fines Florence restaurant $17,800 for workers’ willful COVID exposure
Oregon OSHA announced Tuesday it has fined a Florence restaurant, The New Blue Hen, $17,800 for willfully exposing workers to COVID-19. It also said…
Continue ReadingElectric vehicle startup raises $4 billion in SPAC offering to compete against Tesla
Luxury electric vehicle startup Lucid Motors went public after a merger with “blank-check” firm Churchill Capital Corp IV, in the largest…
Continue Reading
Bend-Redmond metro falls from top spot to No. 13 ‘Best-Performing Small City’
Over the last 20-plus years, no city, large or small, was named ‘Best-Performing City’ by the Milken Institute for two straight years — except…
Continue Reading
Alaska Airlines ordered to pay $3.2M after woman falls at PDX, later dies
A jury has ordered Alaska Airlines to pay $3.2 million to the family of a 75-year-old disabled woman who died four months after falling down a…
Continue Reading