Portland unable to ensure Airbnb rentals undergo inspections
Records show that only 4% of hosts have applied for an operating permit.
Evergreen Aviation founder dies
Delford M. Smith first launched Evergreen Helicopter in 1960.
General Mills lowers sales, profit forecast
WSJ: The company has been struggling with weak consumer demand.
Abercrombie & Fitch shares plunge
Business Insider: The retailer’s shares plummeted more than 13% this morning.
Analysis shows high demand for taxis in Portland on weekends
In response, the Bureau of Transportation is temporarily easing regulations to make more taxis available during weekend peak hours through December.
Portland startup lands $500K
GraphAlchemist will use the money from angel investors to spread the word about how data can be used.
Nike drops Adrian Peterson as spokesman
The sports apparel giant first suspended its relationship with Peterson after he was indicted in Texas on a felony charge.
Portland parents buy neighborhood strip club
The residents of the Cully neighborhood hope to turn the building into something to benefit the families and children.
Northwest Portland running store sold
Fit Right was acquired by Alan Rice and Susan Zepernick, who are affiliated with North Carolina-based Fleet Feet Sports.
Lenovo reports 19% rise in profits
BBC: The Chinese computer giant reported profits of $262 million.