Tom Gresham

ON AIR NOW

Tom Gresham

6:00pm - 7:00pm

Contact
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)
 

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.