TJMaxx 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…
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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…
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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…
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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…
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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 ReadingA spike in prices could change everything for Wall Street
Wall Street is increasingly concerned that a wave of spending when the economy reopens could cause prices to spike, spoiling the financial market…
Continue ReadingInstacart is moving beyond the grocery store
Instacart started as a grocery delivery service. But it’s increasingly moving into delivering office supplies, sporting goods, televisions,…
Continue ReadingCelebs including A-Rod and Ciara are getting into SPACs. What could go wrong?
SPAC mania has entered the celebrity phase. Colin Kaepernick, Shaquille O’Neal, Larry Kudlow and pop star Ciara are all lending their star…
Continue Reading4 reasons Tesla’s stock is tumbling
Tesla, the hottest stock in the market for more than a year, has sunk into bear market territory. Shares of Tesla fell 6% Tuesday after closing down…
Continue ReadingAfter the GameStop fiasco, momentum builds for an $800 billion tax
Uncle Sam is in search for a pot of gold that could ease the pain of trillion-dollar deficits. And some believe Wall Street might just have the…
Continue ReadingJPMorgan and Google launch program to help minority-owned banks
JPMorgan Chase and Google launched a program Tuesday to help banks owned and led by people of color increase their lending capabilities. The new…
Continue ReadingNew York theaters are going to open. Now will anyone show up?
Governor Andrew Cuomo announced Monday that movie theaters would reopen in New York City next month, welcome news for an industry that has been…
Continue ReadingGoodyear is going big in China with $2.8 billion takeover of Cooper
Goodyear has agreed to buy rival Cooper for $2.8 billion. The deal will give America’s largest tire producer a much bigger footprint around the…
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