KATU - News - Business

Voodoo Doughnut to open new location in Denver

Tue, 21 May 2013 18:52:45 GMT

Voodoo Doughnut has certainly made its mark in Portland, attracting long lines of locals and tourists to its two locations in Portland and one in Eugene.

Apple's CEO faces tough Senate questions on untaxed profits

Tue, 21 May 2013 20:10:14 GMT

The Senate dragged massively profitable Apple Inc. into the debate over the U.S. tax code Tuesday, grilling CEO Tim Cook over allegations that its Irish subsidiaries help the company avoid billions in U.S. taxes.

Average credit card debt, late payments fall in 1st quarter

Tue, 21 May 2013 15:47:23 GMT

Americans got better about paying their credit card debt on time in the first three months of the year, a period when many borrowers use income tax returns to tackle their holiday season debt.

SBA starting new lending program for veterans

Tue, 21 May 2013 15:45:06 GMT

The Small Business Administration says it has lined up pledges from more than 120 banks to increase lending to veterans.

GM to invest $44.5 million in Lansing Cadillac factory

Tue, 21 May 2013 15:37:19 GMT

General Motors says it will invest $44.5 million at a Lansing, Mich., factory, creating 200 new jobs.

Senators agree to expansion of high-tech visas

Tue, 21 May 2013 15:35:20 GMT

Officials say leading senators trying to resolve a key issue on immigration legislation have agreed to a compromise covering expansion of a high-tech visa program.

Does France have right plan to revive its economy?

Tue, 21 May 2013 15:32:59 GMT

The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite.

Portland stove startup to open office in Kenya

Mon, 20 May 2013 18:59:37 GMT

A Portland company that makes clean-burning cookstoves is opening its second office in a very far-off market.

Economists predict increase in consumer spending

Mon, 20 May 2013 18:51:42 GMT

Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.

Earnings preview: PC slump hangs over HP's 2nd quarter

Mon, 20 May 2013 15:28:28 GMT

Hewlett-Packard's latest quarterly results will show how badly the deteriorating personal computer market damaged the company while CEO Meg Whitman tries to expand into more profitable areas of technology.