Kim Komando

ON AIR NOW

Kim Komando

4:00pm - 6:00pm

Contact
Business News


Horizon Air and its pilots’ union have reached a labor agreement that will raise wages.  Alaska Air Group, Horizon's parent company and APA Teamsters Local 1224 announced the agreement on Friday.  The union represents 675 pilots. (Oregon Live)

Upside surprise to Chinese GDP. Chinese Q1 GDP was up 6.9%. Consumer spending is key to the Chinese government, as it is trying to manage its economy away from infrastructure and heavy industry and toward consumer spending and the service sector. (LPL Research)

Goldman Sachs reported first-quarter earnings that disappointed the street and are sending the stock lower. The bank had EPS of $5.15 a share on revenue of $8.0 billion.  Profits from stock trading fell 6% from last year. (CNBC)

Bank of America first-quarter results put a smile on Wall Street faces.  The bank posted EPS of 41 cents on revenue of $22.2 billion. The bank saw loans business grow by 6% in the quarter. (Reuters)

Johnson & Johnson quarterly sales rose to $17.8 billion up 1.7% in the first quarter. Pharmaceutical sales rose 0.8% to $8.25 billion. The company had profits of $4.42 billion in the quarter. (Reuters)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

Hide Comments

Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.