Joe Pags

ON AIR NOW

Joe Pags

6:00pm - 9:00pm

Contact
Business News


Portland’s ban on new bulk fossil-fuel terminals has been rejected by the state Land Use Board of Appeals. LUBA said the zoning ordinance was an unconstitutional restraint on interstate commerce. The ordinance banned new storage facilities with capacities greater than 2 million gallons and prohibited existing terminals from expanding. (PBJ)

Sears announced the launch of Kenmore products on Amazon, as well as the integration of the full line of Kenmore Smart appliances with Alexa. (CNBC)

Oregon’s largest employer, Intel, has eliminated most of its health wearables division. (CNBC)

Leading economic indicators increased 0.6% in June, beating expectations and pointing to an improving economic outlook. (AP)

It took more than 17 years, but the S&P 500 Information Technology sector finally closed at a new all-time high yesterday. The previous record was set on March 27, 2000 and it took 4,354 trading days until that peak was bested yesterday. One thing to remember is: Adjusted for inflation, tech is still 29.8% away from an all-time high. (LPL Research)

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.