Blogs

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.

Innovative leadership from the Pacific Northwest

sceneblogbwWhat is it about Portland that makes it a hub for a new type of business that focuses just as much on sustainability as on profits? In a room packed with MBA students, small business owners and local politicians, three young, innovative CEOs explained the answer on a recent panel titled "Not Your Grandma's CEO: Innovative Leadership from the Pacific Northwest."

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.

Turnarounds and revitalizing with Bob Papes

imo-blogSeasoned executive and turnaround expert Bob Papes has engineered five consecutive turnarounds of businesses in the $15 to $35 million range. What made Bob’s efforts successful? Bob uses one word: Team. Contributing columnist Tom Cox explains how to follow in Bob's footsteps.

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.

Condit Dam breached

thelatestCrews blasted a hole in the nearly century-old Condit Dam in Washington's south Cascades in order to restore habitat for endangered and threatened fish. The dam once produced enough power for 7,000 homes, but PacifiCorp decided to remove the dam instead of install expensive fish passage structures.