Sunday, February 23, 2020
Feb. 23, 2020

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Business

Business Briefs

Judge dismisses Huawei challenge to law

February 20, 2020, 5:33pm Business

NEW YORK -- A federal judge in Texas has dismissed Chinese tech giant Huawei's lawsuit challenging a U.S. law that bars the government and its contractors from using Huawei equipment because of security concerns. Read story

Comment extended on banking law overhaul

February 20, 2020, 5:32pm Business

WASHINGTON -- The Trump administration gave into public and banking industry pressure Wednesday, announcing it would extend the comment period on its overhaul of a critical banking law by 30 days. Read story

Wendy’s to pay $400,000 over child labor issues

February 20, 2020, 5:32pm Business

BOSTON -- Fast-food chain Wendy's has agreed to pay $400,000 to resolve allegations that it violated child labor laws by having teenage employees at dozens of Massachusetts restaurants work later and longer than allowed, the state attorney general's office announced Tuesday. Read story

Coffee shop, bakery opens in Vancouver

February 19, 2020, 4:39pm Business

A coffee shop and bakery called Krays Coffee opened at 7809 N.E. Vancouver Plaza Drive, Unit 150, and celebrated its grand opening Wednesday. Read story

Spokane 1 of 4 areas ‘primed for growth’

February 19, 2020, 4:37pm Business

SPOKANE -- Spokane is among four metro areas "primed for growth" in the next decade, according to a Seattle-based real estate brokerage. Read story

Railcar firm Gunderson furloughs 125 workers

February 19, 2020, 4:36pm Business

PORTLAND -- Portland railcar manufacturer Gunderson has furloughed 125 employees over the past month, the latest in a string of Oregon employers cutting jobs this year. Read story

State utilities panel OKs $1.35 billlion sale of Frontier

February 19, 2020, 4:36pm Business

The Washington Utilities and Transportation Commission approved a $1.35 billion sale of Frontier Communications Northwest Inc., one of the largest local phone companies in the state. Read story

Vancouver-based Nautilus secures $70 million loan

February 18, 2020, 4:48pm Business

Vancouver-based home-fitness equipment company Nautilus announced earlier this month that it secured a new five-year, $70 million loan consisting of a $55 million asset-based revolver and a $15 million term loan from Wells Fargo Bank. Read story

Sunriver Resort set for a renovation

February 18, 2020, 4:47pm Business

PORTLAND -- Sunriver Resort is getting a facelift. Read story

SpaceX to launch tourists into orbit

February 18, 2020, 4:46pm Business

CAPE CANAVERAL, Fla. -- SpaceX aims to launch up to four tourists into a super high orbit, possibly by the end of next year. Read story