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Jan. 18, 2020

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New Wells Fargo CEO strikes a contrite tone

January 15, 2020, 4:07pm Business

“We made some terrible mistakes, and have not effectively addressed our shortcomings.” Read story

Judge OKs sale of Oregon NORPAC plants to cold storage giant

January 15, 2020, 3:44pm Business

SALEM, Ore. (AP) — The $49 million sale of NORPAC Foods’ Salem, Brooks and Stayton processing facilities to cold storage giant Lineage Logistics was approved Tuesday by U.S. Bankruptcy Court Judge Peter McKittrick, contingent on agreements being reached concerning previous union contracts. Read story

Microsoft commits $250M for housing

January 15, 2020, 3:42pm Business

SEATTLE — One year after Microsoft announced it was committing $500 million toward affordable housing in the Seattle area, it’s upping that by half. Read story

Slight gains send Dow Jones Industrial Average above 29,000

January 15, 2020, 3:40pm Business

The Dow Jones Industrial Average closed above 29,000 points for the first time and the S&P 500 index hit its second record high in three days Wednesday. Read story

Sonoma County prepares to sue PG&E for damages from fire

January 15, 2020, 11:08am Business

SONOMA, Calif. — A county in Northern California wine country is exploring plans to sue a utility over a massive wildfire last fall that combined with rolling power shutoffs caused losses of $725 million. Read story

Thornier trade issues await after initial U.S.-China deal

January 15, 2020, 11:08am Business

WASHINGTON -- President Donald Trump on Wednesday described an initial trade agreement with China as "righting the wrongs of the past and delivering a future of economic justice and security for American workers, farmers and families." Read story

Nissan adds nearly 346K vehicles to Takata recall saga

January 15, 2020, 11:07am Business

DETROIT — Nissan is recalling nearly 346,000 vehicles worldwide to replace dangerous Takata air bag inflators that can explode and hurl shrapnel. Read story

Waterfront Vancouver Jorge’s gets a new name; downtown location gets reprieve

January 15, 2020, 6:05am Business

The future Jorge’s Latin American restaurant at The Waterfront Vancouver is about to enter the build-out phase, and the milestone is accompanied by a change in name: The restaurant will be called DosAlas Latin Kitchen & Tequila Bar. Read story

Nevada, other states part of $200K PayPal settlement

January 15, 2020, 6:02am Business

RENO, Nev. -- The attorneys general of Nevada and 20 other states have reached a $200,000 agreement with PayPal Charitable Giving Fund Inc. to settle complaints over its handling of charitable contributions through the company's online fundraising platform. Read story

Battle Ground Public Schools will host job fair Feb. 20

January 15, 2020, 6:00am Business

Battle Ground Public Schools will host its 2020 Industry Fair from 5 to 7 p.m. Feb. 20 at Battle Ground High School, 300 W. Main St. Read story