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Business News


It is that special day when we remember those that protect our freedom, Veterans Day and thank you Vets.  Bond markets are closed today but equity markets are up and running for a full day of trading.

Oregon air cargo company, Evergreen Airlines, is reportedly getting ready to cease operations at the end of the month.  The company notified the state on Thursday they are laying off 131 employees.  The company has a large debt load of $280 million and sold their helicopter division this spring to help raise cash. (Yamhill Valley News-Register)

Changes in airline boarding procedures maybe in traveler’s futures. In attempts to save money airlines want to get you on the plane faster.  Boarding changes could include:

More clearly marked lanes for boarding order. Like Southwest Airlines. Early boarding for those without overhead luggage. Boarding in window, middle, isle order.
Fees that will allow you to board first. (CNBC)

Those buy backs are helping kick start the holiday buying season here in the US but who wants those used iPhones and iPads?  There is a booming secondary market for electronics in the developing parts of the world.  Leading the resale market is Texas-based eRecycling Group. (Wall Street Journal)
 

 

Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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