El Salvador will adopt bitcoin as legal tender, president says
El Salvador could become the first country to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced in a video recording…
Continue ReadingBusiness
The stock market after-party is in Europe
US stock indices remain in record territory. But in recent weeks, they’ve been stuck in a holding pattern as investors hunt for the next big…
Continue ReadingFirst on CNN Business: Asia’s fake pork titan sets its sights on the next ‘big’ thing
OmniFoods, the Hong Kong startup best known for its fake pork product “OmniPork,” is jumping on what it sees as the next phenomenon:…
Continue Reading
Fred Meyer sets Thursday hiring event for 2,000 associates
Fred Meyer announced Monday a Northwest hiring event will take place on Thursday, June 10. The goal of the event is to hire 2,000 associates…
Continue Reading
Oregon’s Rosenblum, other AGs get EPA to require reporting of imports containing asbestos
Under a settlement reached by a coalition of 11 state attorneys general, including Oregon AG Ellen Rosenblum, the U.S. Environmental Protection…
Continue Reading
Sisters restaurant appeals $17,800 Oregon OSHA fine for allowing inside dining during ‘Extreme Risk’
Oregon OSHA said Monday it issued citations with penalties totaling $44,600 to four employers in May, including a Sisters restaurant, with all of the…
Continue ReadingBurger King trolls Chick-fil-A with LGBTQ+ donations
Burger King is making a statement during pride month: It’s trying to get a leg up in the chicken sandwich wars by taking a not-so-subtle dig at…
Continue ReadingThese AMC insiders sold $8 million of stock during last week’s boom
A half-dozen AMC leaders are cashing in on the “meme stock” madness. Four AMC executives and a pair of directors unloaded more than $8…
Continue ReadingCompanies you’d never expect are offering signing bonuses to new employees
America’s stores are having trouble bringing on staff to meet growing demand from customers as the US economy regains steam. So they’re…
Continue Reading
Why electric cars are so much heavier than regular cars
Batteries are heavy. That’s why, generally, electric cars weigh considerably more than otherwise similar gasoline-powered vehicles. Take the…
Continue Reading Oregon OSHA plans to repeal much of COVID-19 workplace rule, at 70 percent vaccination goal
As Oregon Gov. Kate Brown announced last week, once Oregon reaches the 70 percent vaccination threshold the state will not require masks and face…
Continue ReadingDollar doldrums are back as inflation worries heat up
Though bitcoin and other cryptocurrencies are the talk of the moment, the good old US dollar still reigns as the world’s reserve currency. But…
Continue ReadingThe Atlantic staffers announce intention to unionize
In a 1916 issue of The Atlantic Monthly, John D. Rockefeller Jr. wrote about workers’ right to organize. More than 100 years later, the…
Continue ReadingElon Musk cancels the 500-mile range version of Tesla’s Model S
Elon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a…
Continue ReadingElon Musk cancels the Plaid Plus version of Tesla’s Model S
Elon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a…
Continue ReadingAmericans are still sitting on loads of stimulus cash
As CEO of one of America’s biggest banks, Bank of America’s Brian Moynihan has unique insight into the health of the country’s…
Continue ReadingUS oil hits $70 for the first time in nearly three years
US oil prices hit $70 a barrel on Sunday for the first time in nearly three years. While prices have since backed off a little from that milestone…
Continue ReadingChinese women were already discriminated in the workplace. A three-child policy might make things worse
When Janice Zhang went job hunting in March, at every interview the 33-year-old was asked the same question: Was she married yet? Zhang works in…
Continue ReadingJen Psaki: I can’t let the briefing room become ‘a forum for propaganda’
The White House press briefing room will return to 100% capacity on Monday after 15 months of social distancing due to the coronavirus pandemic. It…
Continue ReadingJustice Department treats journalists like drug gangs, New York Times reporter says
Journalists may be relieved — for now — that the Biden administration is changing the Justice Department’s policy that allowed prosecutors…
Continue Reading