Best Buy has Thanksgiving plans. You’re not invited
Best Buy will be closed on Thanksgiving Day, moving many of its Black Friday deals online and offering alternatives to in-store shopping. The…
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Volkswagen’s ex-CEO pays company $14 million over his role in the diesel scandal
Martin Winterkorn has agreed to pay Volkswagen nearly $14 million after an investigation found the former CEO failed to respond properly to signs…
Continue ReadingElectric truck startup Lordstown Motors warns it may go out of business
Lordstown Motors, the startup electric truck maker, warned Tuesday it is close to running out of cash and may be forced out of business in the next…
Continue ReadingAre you leaving your job in retail? Share your story
Retailers are reporting challenges hiring workers to staff stores and warehouses as the US economy reopens and shoppers spend on clothes, home goods…
Continue ReadingTech executive tapped as new Ferrari CEO as it plans its first EV
Ferrari has turned to a top tech executive to be its new CEO and lead the company into the age of electric supercars. Benedetto Vigna, currently the…
Continue ReadingEl Salvador is the first country to adopt bitcoin as legal tender
El Salvador has become the first country to adopt bitcoin as legal tender. A majority of lawmakers have approved a proposal from Salvadorian…
Continue ReadingOhio will soon be home to the largest solar factory complex outside of China
China’s dominance over the world’s solar industry just took a hit. First Solar unveiled plans Wednesday to double its US manufacturing…
Continue ReadingBitcoin just cleared another hurdle. It may still stumble
In a landmark move, El Salvador has become the first country to adopt bitcoin as a legal form of payment. But there’s still tons of pressure on…
Continue ReadingBiden administration investigates ‘illegal’ leak of Jeff Bezos, Elon Musk and Warren Buffett’s tax information
The Biden administration said Tuesday it is investigating how tax information from several of the world’s richest people — including Jeff…
Continue ReadingPaint just got a lot more expensive
Add paint to the growing list of things that are getting more expensive. Sherwin-Williams announced Tuesday that “demand remains strong”…
Continue ReadingRyanair and British Airways could be sued for refusing refunds
Britain’s antitrust regulator is investigating whether Ryanair and British Airways broke the law by refusing to refund customers for flights…
Continue ReadingThe perfect storm making everything you need more expensive
Steel, lumber, plastic and fuel. Corn, soybeans, sugar and sunflower oil. Houses, cars, diapers and toilet paper. Prices are rising almost everywhere…
Continue ReadingThe price of goods leaving China’s factories is rising at its fastest pace in 13 years
China is getting pummeled by rising costs that have pushed producer price inflation to its highest level in nearly 13 years. Surging inflation in the…
Continue ReadingTesla Model 3 loses key Consumer Reports rankings
Tesla’s best-selling Model 3 sedan lost two designations from Consumer Reports after the company made changes to the car’s automatic…
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Downtown Bend business group proposes Minnesota Avenue go pedestrian-only
Minnesota Avenue, a two-way street in downtown Bend, could look a lot different in a few…
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‘The sizzle that sells the steak’: Les Schwab Amphitheater expects to bring in some $20 million this summer
The Les Schwab Amphitheater is preparing for its busiest season of the year — and quite possibly its most profitable one — after the severe pause…
Continue ReadingChipotle raises its menu prices
Chipotle raised its menu prices by about 3.5% to 4% to cover the cost of higher wages for employees, the company’s Chief Financial Officer John…
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Oregon lawmakers approve bill to expand affordable housing development
The Oregon Legislature approved a bill Tuesday aimed at increasing Oregon’s supply of affordable…
Continue ReadingWendy’s stock surges as Reddit crowd talks up ‘chicken tendies’
Move over, AMC and GameStop. Wendy’s is the latest hot stock with the WallStreetBets crowd. Shares of Wendy’s surged more than 25% in…
Continue ReadingEconomies in these states are actually stronger than they were before Covid
America is not yet back to its pre-pandemic normal, but some states are already doing better economically than they were before Covid, according to…
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