The Latest

City closing down Occupy Portland Sunday

thelatestPortland is temporarily closing Lownsdale and Chapman Squares to the public, the site where Occupy Portland demonstrators have been camped out for more than a month. At 12:01 a.m. Sunday Nov. 13, all people and property in the squares will be subject to enforcement of local laws, according to Portland Mayor Sam Adams.

Thanksgiving dinner cost up 13 percent

thelatestThe average cost of a traditional Thanksgiving dinner is up 13% this year compared to last year.

Washington privatizes liquor sales

thelatestWashington voters approved a plan to privatize liquor sales, ending state rules that have been in place since Prohibition. It was the costliest initiative campaign in state history. Could Oregon follow suit?

Toyota profits slide 19%

thelatestToyota Motor Corp. reported a 19% drop in profit due to parts shortages from Japan's March earthquake and tsunami, as well as the yen's rapid appreciation against the dollar.

Groupon shares jump 50%

thelatestGroupon shares jumped more than 50% to almost $31 in its public debut Friday, showing strong demand for a company whose business model is considered unsustainable by some analysts.

Jobless claims fall

thelatestNew claims for unemployment benefits fell to the lowest level in five weeks, a hopeful sign for the still-weak job market.

Senators offer Postal Service rescue plan

thelatestA bipartisan group of senators have a proposal to save the U.S. Postal Service. The plan includes cutting Saturday service, buying out 100,000 jobs and closing many branches.

Stores get head start on Black Friday

thelatestMacy's Inc. and Target Corp. announced plans to open some stores at midnight on Thanksgiving, getting the earliest start to the holiday shopping season ever. With analysts predicting only modest sales gains, the season is likely to be highly competitive for store chains.

Big banks backing off fees

thelatestA month after Bank of America dealt with the wrath of customers for announcing new debit card fees, J.P. Morgan Chase & Co. decided not to charge similar fees.