Business

Nike to lay off 740 employees at world headquarters in Beaverton

Business
In February, Nike announced it would cut 2% of its global workforce in a restructuring, but did not indicate how many of the cuts...

Kelowna winery alleges former employee stole $450K over 30 months

Business
The owners of a Kelowna winery allege a former employee stole nearly $450,000 over a 30-month period.A recent BC Supreme Court judgment outlines the...

Opinion: The next phase of CleanBC can reshape the green economy

Business
B.C. is well down the path of implementing one of North America’s strongest climate plans. And though a number of key policies continue to...

New business to open at former Nordstrom location at Clackamas Town Center

Business
The luxury department store chain Nordstrom closed its Clackamas Town Center location back in 2020 amid the COVID-19 pandemic. CLACKAMAS, Ore. — On...

Machine at Intel’s Hillsboro campus can produce chips so advanced, they don’t yet exist

Business
At the Gordon Moore campus, Intel engineers do the work to push Moore's Law — the idea that the number of transistors on a...

Alaska Airlines reports $123 million Q1 loss for 2024

Business
The company's first-quarter results were "significantly impacted" by the January door panel blowout, according to Alaska Airlines. SEATTLE — On Thursday, Alaska Air...

Growing demand for minerals sparks Indigenous outcry over ‘business as usual’ mining practices

Business
BRASILIA, Brazil (AP) — Indigenous representatives from 35 countries issued a declaration Thursday criticizing the fact that they are too rarely consulted about mining...

What does Uber’s new rider verification pilot program mean for Portland?

Business
Uber has launched a new rider verification pilot program to help drivers know who is getting in their vehicle — confirming that riders are...

High interest rates threaten rollout of green economy: Wood Mackenzie report

Business
CALGARY — A new report says if high interest rates persist, it will be harder and more costly for society to transition to a...

Arts festivals get tens of millions in federal budget, Hot Docs left out

Business
Tens of millions of dollars are allocated to arts festivals in this year's federal budget, which recipients say is a welcome infusion of cash...

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