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Business Briefs

Trump signs measure to help small telecoms

March 12, 2020, 5:28pm Business Briefs

WASHINGTON -- President Donald Trump on Thursday signed into law a bill that provides $1 billion to help small telecom providers replace equipment made by China's Huawei and ZTE. Read story

Craft Brew Alliance reports loss of $6.9 million in fourth quarter

March 11, 2020, 4:20pm Business Briefs

PORTLAND -- Craft Brew Alliance Inc. (BREW) on Wednesday reported a loss of $6.9 million in its fourth quarter. Read story

PepsiCo buying energy drink maker Rockstar for $3.85 billion

March 11, 2020, 3:27pm Business Briefs

NEW YORK -- PepsiCo is buying energy drink maker Rockstar Energy Beverages for $3.85 billion. Read story

Measure repealing Boeing tax break passes state Senate

March 11, 2020, 3:24pm Business Briefs

OLYMPIA -- The state Senate has approved a revised bill to repeal a tax break for Boeing, a measure that was requested by the aerospace giant to resolve a long-running trade dispute. Read story

Consumer Counsel wants more info on Colstrip purchase

March 10, 2020, 7:04pm Business

BILLINGS, Mont. -- NorthWestern Energy's proposal to purchase a larger portion of a coal-fired power plant in southeastern Montana for $1 doesn't include analysis to show the acquisition is in the public interest and will result in reasonable electricity charges, a legal team representing customers of Montana's utilities said. Read story

Portland startup NurseGrid Mobile sells for $25 million

March 10, 2020, 7:03pm Business

NurseGrid Mobile, a Portland health care staffing startup, said Monday that it has sold the business to a company in Nashville, Tenn., for $25 million in cash. Read story

Groundbreaking planned for local hotel

March 10, 2020, 6:00am Business Briefs

My Place Hotels will hold a groundbreaking ceremony at 1 p.m. today where a hotel is planned near Vancouver Mall. The hotel, 8300 N.E. Vancouver Mall Loop, will be the fourth My Place hotel in Washington. Read story

Port of Vancouver cancels events amid virus outbreak

March 10, 2020, 6:00am Business Briefs

The Port of Vancouver postponed two events to limit exposure of COVID-19. Read story

Microsoft to pay service workers during outbreak

March 7, 2020, 6:03am Business

RENTON -- Microsoft said Thursday it will keep paying the wages of hourly service workers in the Puget Sound area and in northern California during the coronavirus outbreak even as the company's need for them lessens while many of its employees work from home. Read story

Yakima Basin predicts 100% water supply for farmers

March 7, 2020, 6:02am Business

YAKIMA -- Washington state farmers are expected to receive a full water supply this irrigation season in the Yakima Basin based on an early assessment, a state water management agency said. Read story