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Dec. 8, 2019

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No gender or racial pay gap at U.S. Starbucks, company says

December 4, 2019, 12:03pm Business

Starbucks, for the first time, is disclosing how much less women at the coffee chain earn than men in the U.S.: zero dollars. That’s in contrast to the nation’s workforce overall, in which women make on average 19% less than men. Starbucks also says it has no racial pay gap. Read story

Air-bag maker Takata spurs 1.4 million-car recall on deadly flaw

December 4, 2019, 10:03am Business

Takata Corp., the auto-parts supplier that went bankrupt after its air bags spurred the largest-ever recall, told U.S. safety regulators that another 1.4 million U.S. vehicles need to be repaired over a potentially deadly defect. Read story

Lender pulls plug on major Lloyd District redevelopment, demands $36 million

December 4, 2019, 9:54am Business

In another sign that Portland’s long real estate and construction boom is slowing, an ambitious plan to build more than 1,100 apartment units in the Lloyd District has quietly died. Read story

Bad grenade launchers lead to $1M settlement

December 4, 2019, 6:04am Business

DENVER -- A Colorado weapons manufacturer has agreed to a $1 million settlement for allegedly shipping subpar grenade launchers to the U.S. Army, the Department of Justice announced Tuesday. Read story

Wall builder with pitch on Fox wins contract

December 4, 2019, 6:03am Business

BISMARCK, N.D. -- Tommy Fisher's ambitious plan to win a border wall contract included what could be the next best thing to making a pitch directly to President Donald Trump himself -- talking to him through his favorite cable TV channel, Fox News. Read story

Hemp growers blazing perilous path to profits

December 4, 2019, 6:03am Business

SAUVIE ISLAND, Ore. — On a foggy November day, farmworkers take clippers to a field of bushy green plants, snipping tops full of flower buds dotted with flecks of sticky resin. Read story

J.C. Penney no longer at risk of being delisted

December 4, 2019, 6:02am Business

J.C. Penney is no longer at risk of having its stock delisted. The Plano, Texas-based retailer said it received notice from the New York Stock Exchange on Monday notifying it that it had regained compliance. It had been alerted its shares were at risk in early August. Read story

Amazon pulls items tied to Nazi camp in Poland

December 4, 2019, 6:01am Business

Amazon has halted the sale of Auschwitz-themed products such as Christmas decorations, a mouse pad and a bottle opener following an outpouring of disgust on social media led by Poland's official memorial museum. Read story

Gun background checks on pace to break record

December 3, 2019, 8:17pm Business

Background checks on gun purchases in the U.S. are climbing toward a record high this year, reflecting what the industry says is a rush by people to buy weapons in reaction to the Democratic presidential candidates’ calls for tighter restrictions. Read story

Google co-founders step down as execs of parent Alphabet

December 3, 2019, 2:39pm Business

SAN FRANCISCO — Google co-founders Larry Page and Sergey Brin are stepping down from their roles within the parent company, Alphabet. Read story