Monday, April 12, 2021
April 12, 2021

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Seattle nursing home to pay $8M in sexual assault lawsuit

April 8, 2021, 8:26am Business

SEATTLE — A Seattle nursing home’s insurer has agreed to pay $8 million to settle a lawsuit brought on behalf of a disabled woman who was sexually assaulted while in the facility’s care. Read story

Pandemic migration made rent less affordable across the U.S.

April 8, 2021, 8:25am Business

They fled Seattle for Tacoma, San Francisco for Sacramento and New York City for Kingston. Read story

Construction of the AC Hotel by Marriott continues at the Port of Vancouver's Terminal 1 redevelopment site. Earlier this week the port commission signed a 50-year lease with a developer who will build a mixed-use project on the northern two blocks of the site, near the railroad berm.

Port of Vancouver OKs lease for two blocks of Terminal 1

Construction of the AC Hotel by Marriott continues at the Port of Vancouver's Terminal 1 redevelopment site. Earlier this week the port commission signed a 50-year lease with a developer who will build a mixed-use project on the northern two blocks of the site, near the railroad berm.

April 8, 2021, 6:00am Business

The Port of Vancouver Board of Commissioners approved a lease for the northern two blocks of Terminal 1 on Tuesday, a step forward that impacts a significant portion of the site’s developable land area adjacent to The Waterfront Vancouver. Read story

Jeff Bezos retains status as world’s richest man; Elon Musk rockets into second spot

April 7, 2021, 7:34pm Business

With his wealth further fueled by massive gains made amid the global coronavirus pandemic, Jeff Bezos retained the top spot on Forbes annual billionaire’s list. Read story

The American Red Cross teamed up with Paul Davis Restoration of Portland/Vancouver for a blood drive Wednesday in Vancouver in response to blood shortages caused by the COVID-19 pandemic. The Red Cross needs a constant supply of blood.

Red Cross, Paul Davis Restoration join forces to collect blood amid shortage

The American Red Cross teamed up with Paul Davis Restoration of Portland/Vancouver for a blood drive Wednesday in Vancouver in response to blood shortages caused by the COVID-19 pandemic. The Red Cross needs a constant supply of blood.

April 7, 2021, 7:25pm Business

The COVID-19 pandemic has caused issues throughout America, including shortages in the blood supply, so Paul Davis Restoration of Portland/Vancouver stepped in to help. Read story

FILE - In this Nov. 16, 2020 file photo a man wearing a mask passes the New York Stock Exchange in New York. Stocks are wavering in early trading on Wall Street, holding the market near record highs it set earlier in the week. The S&P 500 edged up 0.1% early Wednesday, April 7, 2021, and the Dow Jones Industrial Average climbed 0.2%.

US stocks close mixed; S&P 500 notches another record high

FILE - In this Nov. 16, 2020 file photo a man wearing a mask passes the New York Stock Exchange in New York. Stocks are wavering in early trading on Wall Street, holding the market near record highs it set earlier in the week. The S&P 500 edged up 0.1% early Wednesday, April 7, 2021, and the Dow Jones Industrial Average climbed 0.2%.

April 7, 2021, 2:55pm Business

Wall Street capped another choppy day of trading Wednesday with a mixed finish for stock indexes and another all-time high for the S&P 500. Read story

Nike contractors file $100 million in liens over headquarters expansion

April 7, 2021, 8:26am Business

A host of construction companies and design firms have filed liens against Nike and its general contractor claiming they’ve been shortchanged as much as $110 million for work performed on the company’s mammoth campus expansion near Beaverton. Read story

FILE - In this May 8, 2008, file photo, checks are printed at the Kansas City Regional Financial Center in Kansas City, Mo. The Treasury Department says it has issued more than 156 million payments as part of President Joe Biden's coronavirus relief plan. This includes 25 million payments on April 6, 2021, that were primarily to Social Security beneficiaries who hadn't filed 2019 or 2020 tax returns.

U.S. Treasury: 156 million coronavirus relief payments issued

FILE - In this May 8, 2008, file photo, checks are printed at the Kansas City Regional Financial Center in Kansas City, Mo. The Treasury Department says it has issued more than 156 million payments as part of President Joe Biden's coronavirus relief plan. This includes 25 million payments on April 6, 2021, that were primarily to Social Security beneficiaries who hadn't filed 2019 or 2020 tax returns.

April 7, 2021, 8:25am Business

WASHINGTON — The Treasury Department said Wednesday it has issued more than 156 million payments as part of President Joe Biden’s coronavirus relief plan, including 25 million payments that were primarily to Social Security beneficiaries who hadn’t filed 2019 or 2020 tax returns. Read story

Powell’s says laid-off workers will have to reapply for their jobs amid dispute with union

April 7, 2021, 8:23am Business

PORTLAND — Powell’s Books says it plans to add more employees as it prepares for business to pick up again as the pandemic recedes. But laid-off workers will have to reapply for their old jobs after the bookstore and its union failed to strike a deal over terms for rehiring… Read story

Schnitzer Steel reports Q2 profit

April 7, 2021, 8:11am Business

PORTLAND — Schnitzer Steel Industries Inc. on Wednesday reported fiscal second-quarter profit of $44.6 million. Read story