Lars Larson


Lars Larson

12:00pm - 3:00pm

Business News

Stocks are rising in early trading as the euro hit six-week lows against the dollar and the Greek parliament approved austerity measures demanded by creditors for a third bailout. (CNBC)

Oregon’s largest employer, Intel, reported better-than-expected quarterly results as growth in its data centers and Internet-of-Things businesses helped offset weak demand for personal computers that use the company's chips. The company has been expanding its line-up of higher-margin chips used in data centers. Revenue from the data center business, Intel's second-largest, grew 9.7%. Revenue from the PC business, Intel's largest, fell 13.5%. Total profits fell 4.6%.  (Reuters)

Philip Morris International second-quarter profit rose as market share improved. The seller of Marlboro and other cigarette brands outside the United States earned $1.89 billion. Market share increased in several key markets, including Brazil, France, Germany, Hong Kong, Russia and Spain. Cigarette shipment volume fell 1.4%. The company said that this was due to declines in the European Union, mostly Italy. (AP)

The average credit card has six different fees, according to a new analysis of 100 major cards. The most fee-laden cards have 12, and just one of the cards assessed had no fees  whatsoever.

Hide Comments




  • Click on the link for the latest conditions on the mountain passes.
  • Roundabout at intersection of NW Shevlin Park Road and NW Mt. Washington Drive for roundabout reconstruction, road closure with detours, 5/13/19 - 6/27/19.
  • Empire at Purcell CLOSED for RAB contruction through August.
  • RDM:SW 15th St from SW Indian Ave to SW Kalama Ave – Closed for construction thru August 15, 2019
  • Brosterhous Road between American Lane and Jacklight Lane for sewer main installation, southbound lane closures with detours, until 7/15/19.