PDC drafts new downtown urban renewal area

The Portland Development Commission’s first attempt at creating a new downtown urban renewal district includes large swaths near Portland State University, PGE Park, and downtown […]

PremierWest trims loss in Q1

PremierWest Bancorp’s losses fell in the first quarter and capital levels climbed, as signs emerged that its loan portfolio problems may be near or past […]

Canada picks up pace in computer, tech spending

Canadian companies have been picking up their spending on computers, software and other technology, but they still lag the U.S., according to an annual study.
Businesses […]

Daytona airport traffic up 12%

Passenger traffic at Daytona Beach International Airport was up 12 percent in November compared with the year-ago period.
Airport officials said the uptick reflects the first […]

General America policyholders to get payments

General America policyholders to get payments — More than 300,000 current and former policyholders of General American Life Insurance Co. will be receiving a […]

Fed Said to Ask Stress-Tested Banks to Submit Plans on TARP

The Federal Reserve asked nine of the U.S. banks that were part of this year’s stress tests to submit plans for repaying the government’s […]

Clayton toy company has a holiday hit

The hamsters were running around inside their plastic cage, squirting through transparent tubes and tackling a treadmill. Pretty typical.
But these furry critters are […]

BofA directors mull short-term CEO

Bank of America Corp’s board of directors is looking at hiring a short-term chief executive from outside the bank to give internal candidates more […]

G20 sets ambitious goals, but details still need work

PITTSBURGH–World leaders lined up yesterday behind sweeping promises to fix a malfunctioning global economic system in hopes of heading off future financial meltdowns. For […]

Airbus needs extra cash for new planes: report

Airbus, the world’s largest civil planemaker, needs at least an extra 800 million euros ($1.2 billion) over six years to develop greener and faster […]