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Who is Greg Abel, the executive picked to be successor to Warren Buffett?

Abel has been Buffett's designated successor for years, and he already manages all of Berkshire's noninsurance businesses. OMAHA, Neb. — When Warren Buffett announced at...

Investor Warren Buffett announces retirement from Berkshire Hathaway

The 94-year-old investor had previously always said he had no plans to retire. OMAHA, Neb. — Revered investor Warren Buffett shocked an arena full...

Albertsons to close Southwest Portland location

Albertsons will close its Southwest Portland store by July 1 due to a lease disagreement. PORTLAND, Oregon — This story is courtesy of the...

Four months after assuming CEO position, Kohls fires Ashley Buchanan

The company said Thursday that Buchanan’s firing is unrelated to its performance, financial reporting, results of operations and did not involve any other employees. ...

Trump orders tariff relief for automakers following domestic manufacturing concerns

Trump portrayed the changes as a bridge toward automakers moving more productions into the United States. WASHINGTON — President Donald Trump will sign executive orders...

Port of Vancouver plans Pike-Place-style public market

Design on the marketplace is around 30% complete, according to Port of Vancouver officials, with construction expected to begin in early 2027. VANCOUVER, Wash....

Port of Portland shifts stance on equity amid federal crackdown

The Port of Portland voted to remove its seven-year-old equity policy as it faces the threat of losing $145 million in federal funds. PORTLAND,...

‘It feels like the end of days’: Chicago-area toymaker braces for impact of Trump’s staggering tariffs on Chinese imports

The staggering tariffs could mark the end of an era of inexpensive consumer goods in America. WASHINGTON — Rick Woldenberg thought he had come...

Keller Auditorium, Arlene Schnitzer Concert Hall, more face 19% budget cut amid rising costs

Metro proposes a 19.4% budget cut for Portland'5 Centers for the Arts in 2025-26, impacting 12 jobs. PORTLAND, Ore. — This story is courtesy...

Merger between OHSU, Legacy hits stumbling block

A community review board unanimously voted to disapprove the transaction. The board doesn't have decision-making authority, but the vote could be a stumbling block. ...

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