Lars Larson


Lars Larson

12:00pm - 3:00pm

Business News

The US economy exited deflation in June. The year-over-year percent change in the Consumer Price Index moved from 2.1% in mid-2014 to -0.2% in April 2015. The May reading was flat  and accelerated to +0.1% year over year in June. (LPL Research)

U.S. toymaker Hasbro reported a lower-than-expected decline in quarterly sales, helped by strong demand for its "Jurassic World"- and "Star Wars"-themed toys as traditional toys fell out of favor. Sales in North America rose 1%. International sales, about 45% of total revenue, declined 9%, hurt by a strong dollar. The company's profits fell 4%. (Reuters)

Cal-Maine Foods, the nation’s largest egg producer, reported a quarterly profit of $46.1 million. The egg producer posted revenue of $403 million.

Cal-Maine shares have climbed 38% since the beginning of the year. The stock has risen 49% in the last 12 months. (AP)

The long-anticipated split of eBay and PayPal becomes official today, with both companies set to begin trading separately at the open. (CNBC)

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  • 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.