George Noorey


George Noorey

12:00am - 6:00am

Business News

New reforms-for-bailout aid proposals are expected from Greece today. The euro dropped to a five-week low against the dollar this morning. While equities declined slightly on Monday, they finished well off the early-session lows. Maybe we are putting Greece in the rearview mirror.  Now on to Puerto Rico. (CNBC)

Advance Auto Parts is set to join the S&P 500 after the close of trading tomorrow. The auto parts retailer replaces Family Dollar Stores, which has been acquired by S&P 500 member Dollar Tree. (Bloomberg)

Oregon’s Nike has struck a deal to outfit the University of Michigan's sports teams beginning with the 2016-2017 season, replacing Adidas. The new contract runs through at least 2027, with an option to extend. Nike continues its dramatic growth with this deal. (AP)

Is this the start of inflation? Starbucks is raising prices for some of its coffee drinks by 5 cents to 20 cents in the U.S., but some popular beverages such as the Grande Brewed Coffee and the Frappuccino were left unchanged. (Fox Business News)

The S&P 500 is up 9 and the NASDAQ is up 16.  MSCI International Index is down 0.3%.

Oil is flat at $52.55 a barrel.  U.S. oil prices have stabilized after Monday's 7.7% decline, which pushed crude into correction territory on concerns about global growth, record production, and potentially more Iran supply. (CNBC)

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  • Powers Road between SW Elkhorn Street and Porcupine Drive for paving, road closure with local access only, 9/16/19 - 9/17/19.
  • Rockbluff Lane between SW Elkhorn Street and SW Cliffrose Drive for paving, road closure with local access only, 9/16/19 - 9/17/19.
  • Cooley Road between Highway 97 and Hunters Circle for railroad crossing repairs, road closure with detour, 9/16/19 - 9/17/19.
  • NE 3rd Street between NE Greenwood Avenue and NE Franklin Avenue for Citywide Pedestrian Safety Improvements, periodic lane closures with local access, 9/16/19 - 10/25/19, night work from 10 p.m. - 10 a.m.
  • NE Revere Avenue between Division Street and NE Lytle Street for railroad crossing repairs, road closure with detours, 9/18/19 - 9/20/19.