Business News

China is rolling out new tariffs on meat, fruit, and other products from the United States in retaliation against taxes approved by President Donald Trump on imported steel and aluminum. (CNBC)

Under Armour has told users of its MyFitnessPal app of a data breach, with 150 million users affected. The athletic apparel maker did say that payment card information was not affected by the breach.

Workers at a Portland Burgerville are filing for a federal union election. The 2-year-old union is pushing for a $5 hour raise. If successful this would be the first federally recognized fast-food workers union in the U.S. The Industrial Workers of the World known for its anti-capitalist leanings has previously tried to organize workers at Starbucks and Jimmy John's. Burgerville, owned by Holland Inc., has about 1,500 employees in Oregon and southern Washington. (OregonLive)

Boyd Coffee is ending operations in Portland and Eugene. Terminating 230 people, including 135 in Oregon. Boyd sold in 2017 to Texas coffee roaster, Farmer Bros., for $58.6 million in cash and stock. Operations are moving to Texas. Boyd dates its founding to 1900 in Portland. (OregonLive)

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

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