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Trillion dollar man: New pay package could make Musk that much richer if Tesla thrives

The goals set out for Musk and Tesla are extremely ambitious given recent tumult at the Texas company. WASHINGTON — The world's richest man...

Powell’s Books begins layoffs amid financial struggles, cites slow Portland recovery

An email President Emily Powell sent to employees last month said the company began the process of eliminating employee positions in July. PORTLAND, Ore....

Assembly Brewing closes Alberta location: ‘The hits kept coming’

The pizza-forward spot had remained after Assembly's Southeast location shuttered earlier this year. PORTLAND, Ore. — This story comes from the Portland Business Journal,...

Portland craft cocktail bar to close: ‘Sales just aren’t there anymore’

The owners of Deadshot said the decision to close the seven-year business wasn't made lightly, citing sales, the economy and restaurant industry as reasons to...

Kraft Heinz to split a decade after megafood merger

The combined company struggled as consumer tastes changed, despite layoffs of thousands of employees and other cost-cutting measures. NEW YORK — Kraft Heinz is...

Nike announces additional layoffs

The company said the new layoffs will affect less than 1% of the corporate team. A much larger round of layoffs impacted 2% of Nike's...

YouTube TV reaches ‘short-term extension’ in dispute with Fox, warding off immediate disruptions

Shortly after the current contract was set to expire, YouTube said it was able to “prevent disruption” as it continues to work towards a new...

European postal services suspend shipment of packages to US over import tariffs

Postal services around Europe announced that they are suspending the shipment of many packages to the United States amid confusion over new import duties. ...

Target insider picked to lead the struggling retailer when CEO Brian Cornell steps down next year

The new CEO is taking over at time when Target’s sales are in a funk, its stores are messy and understocked, and it’s losing market...

Warren Buffett’s company reveals new investments in Nucor, UnitedHealth and two big homebuilders

Only one of the four new investments was big enough to ensure that legendary investor Warren Buffett may have handled them. OMAHA, Neb. —...

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