U.S. Christmas tree inventories are said to be tight after years of oversupply, and entering a "short supply" period.» Read More
Nike pledges to create 500 jobs, and spend $150 million in return tax, if legislators pass a deal to preserve the company's tax status for at least 5 years, reports CNBC's Brian Shactman.
Nike was founded at the University of Oregon, and is a core piece of the state's identity. Nike asked the state for a guarantee that their current tax status would be preserved for at least five years, reports CNBC's Brian Shactman.
The Governor of Oregon is calling the State legislature into a special session today to make sure Nike stays happy. CNBC's Brian Shactman has the story on jobs.
President Barack Obama and his Republican opponents in Congress enter a crucial week in the "fiscal cliff" impasse with more than just differences over taxes to bridge.
Starbucks is serving up a new $7 coffee called, "Costa Rica Finca Palmilera". Only 48 stores in nationwide sell the exotic beans, with 46 stores located in Seattle and Portland. Coffee lovers will have to fork out $40 for a half-pound.
NEW YORK, Nov 6- U.S. stocks climbed on Tuesday on speculation the U.S. presidential election will produce a clear winner, removing a major source of uncertainty that has dogged investors. ``I think it's relief that hopefully the election will be over,'' said Fred Dickson, chief market strategist at D.A. Davidson& Co. in Lake Oswego, Oregon.
*Dow down 1.1 pct, S&P 500 off 0.9 pct, Nasdaq off 1.3 pct. Eventually, all 10 S&P 500 sectors succumbed to selling pressure to end lower. For the week, the Dow shed 0.1 percent, but the S&P 500 gained 0.2 percent.
*3rd quarter EPS 86 cents vs 97 cents expected by Wall Street. Sees 2013 EPS $3.85 to $4.35, short of estimates. The breakdown of the two projects was about two-thirds Peru and a third Australia, Fluor said, and their removal knocked the overall backlog down to $40.8 billion at the end of the third quarter from $43 billion three months before.
*Lumber futures rise the $10 daily limit. *Home Depot shares rise on expected rebuilding. Trade sources said the home-rebuilding process in the northeastern United States, which bore the brunt of Sandy, could stretch well into 2013, keeping demand for lumber robust.
*Lumber futures rise the $10 daily limit. Trade sources said the home-rebuilding process in the northeastern United States, which bore the brunt of Sandy, could stretch well into 2013, keeping demand for lumber robust.
*Lumber futures rise the $10 daily limit. *Hope for repair demand also boosts Home Depot shares. Chicago Mercantile Exchange November, January and March lumber futures rose by the daily trading limit of $10 per thousand board feet and were locked at those levels to effectively shut down trading.
WASHINGTON, Oct 29- Several justices on the U.S. Supreme Court voiced concern on Monday about letting U.S. copyright holders block the resale inside the country of products they make elsewhere, in one of the court's biggest copyright cases in years.
WASHINGTON-- The students in the Saturday morning class trickle in and, as they introduce themselves around a table, reveal far more intimate biographies than just name and hometown. Forgive me, "an Iraq war veteran begins haltingly."
PORTLAND, Ore.-- Outdoor clothing maker Columbia Sportswear Co. said Thursday its third-quarter net income fell 5 percent, hurt by weakness in Europe, the Middle East and Africa.
NEW YORK-- A growth in early voting and tough economy for the media are forcing changes to the exit poll system that television networks and The Associated Press depend upon to deliver the story on Election Night, all with the pressure-filled backdrop of a tight presidential race.
PORTLAND, Ore.-- Precision Castparts Corp. said Thursday its fiscal second-quarter net income rose 13 percent on demand for commercial airplane parts and the benefit of recent acquisitions. The company earned $332.7 million, or $2.29 per share, compared with $294.7 million, or $2.07 per share, a year earlier.
The latest numbers show that young adults 25-29 are the primary out-of-state movers; they had the biggest gain in 13 years as they struck out on their own to test the job market in urban, high-tech meccas such as Washington, D.C.; Denver; Portland, Ore.; Seattle; and Austin, Texas.
MONTCLAIR, N.J.-- Across New Jersey, most communities approached about hosting one of the state's first legal medical marijuana dispensaries in out-of-the-way industrial zones have just said no, after outpourings of public opposition.
SPOKANE, Wash.-- Avista Corp. is offering more than 900 non-union workers a buyout in an effort to help the utility cut its 2013 budget by about $14 million. Avista spokesman Dan Kolbet says 919 of the utility's 1,550 employees will have until Dec. 14 to decide, and will learn by Dec. 21 if they've been chosen for the buyout.
RENO, Nev.-- Two federal agencies violated the Endangered Species Act and now must reconsider additional protection for the Lahontan cutthroat trout and other rare fish adversely affected by the 700- mile Ruby pipeline that carries natural gas from Wyoming, through Utah and Nevada into southern Oregon, a federal appeals court ruled Monday.