Ford’s Mustang Mach-E is eating into Tesla’s US sales
Tesla is starting to lose market share among US buyers of electric vehicles, and Ford’s Mustang Mach-E appears to be the beneficiary. Analysis…
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Stocks tumble as Powell signals inflation is ahead
US stocks tumbled Thursday after Federal Reserve Chairman Jerome Powell predicted an increase in consumer prices this summer — something investors…
Continue Reading China sets growth target of more than 6% in 2021
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace…
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Oregon employers, workers urged to take a ‘Safety Break’ on May 12
Committing to workplace health and safety is no small task. New hazards and challenges arise – sometimes unexpectedly. Stepping back to re-assess…
Continue Reading China sets GDP target of more than 6% in 2021
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now it says it needs to pick up the pace…
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Seeking ‘respect,’ St. Charles Bend medical technologists, therapists go out on strike
About 150 medical technologists and therapists walked off the job and went on strike Thursday morning after more than a year of on-and-off…
Continue Reading China dodged a recession last year. Now it needs to pick up the pace
China bucked the global recession in 2020, and in doing so narrowed the economic gap with the United States. Now its leaders are about to reveal how…
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Grants Pass debt-collecting company to lay off dozens
One of the largest employers in Grants Pass is planning to lay off dozens of workers, starting in April.…
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DEQ fines Eugene wood treatment facility $223K over hazardous waste, water violations
The Oregon Department of Environmental Quality issued a $223,440 penalty Wednesday to J.H. Baxter & Co. for hazardous waste and water quality…
Continue Reading Oil prices surge as OPEC and its allies extend production cuts
A group of major oil producers has agreed to extend production cuts for another month despite a recent price surge, choosing to limit supply until…
Continue Reading Here we go again: Turmoil rocks the repo market
The repo market, a murky yet crucial corner of Wall Street, is acting weird again. And the turmoil suggests the Federal Reserve may need to come to…
Continue Reading The latest Fast and Furious film has been delayed again. But there’s some good news
“Fast & Furious” fans will have to wait a bit longer to see the next installment in the blockbuster series. Universal is once again…
Continue Reading One group that won’t entirely benefit from going ‘back to normal’: Grocery stores
Last year, people were stockpiling food and essentials at stores and ordering a lot more groceries online. That was great news for America’s…
Continue Reading Amazon’s first physical store outside the US doesn’t have a checkout line
There’s something unusual about Amazon‘s first physical store outside the United States: No waiting to pay. The e-commerce giant opened a…
Continue Reading Dr. Seuss books are taking over Amazon’s bestseller list
Oh, the places Dr. Seuss books will go after they ignite controversy. This week, Dr. Seuss Enterprises announced that six books penned by the…
Continue Reading Better late than never: ViacomCBS and Discovery stocks soar thanks to new streaming services
Arriving late to the streaming wars is apparently better than never getting involved in them at all. That’s what investors seem to think, at…
Continue Reading Discover is opening a corporate office on Chicago’s South Side. It wants other companies to follow
The South Side of Chicago isn’t typically a place where major companies look to open corporate offices. Most of the city’s Fortune 500…
Continue Reading Fighting climate change is now a job for the Bank of England
Central banks are usually tasked with keeping inflation in check, while promoting economic growth and employment. Now, add fighting the climate…
Continue Reading Paramount+ is banking on iconic TV characters from ‘Frasier’ to ‘SpongeBob’
Paramount is one of the most iconic studios in Hollywood, but can the name “Paramount” translate to streaming? ViacomCBS is banking on…
Continue Reading Disney is closing 60 stores in the US and Canada
The Disney Store, once a mall mainstay, is drastically reducing the number of locations it has in the United States and Canada. Disney said…
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