KBND Logo

 

On Air Now

KBND Morning News
ON AIR NOW
KBND Morning News
5:00am - 9:00am
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Business News


U.S. stocks edged higher on Tuesday to lift the S&P d500 just a hair above the 2,000 mark, its first close above that milestone. Volume this week is very light as lots of people are still on vacation. (Reuters)

US consumer confidence increased for a fourth straight month in August. The consumer confidence index rose to 92.4 from 90.3 in July, compared with 81.8 a year ago. It was the best level for the index since February 2008.  Improving business conditions and robust job growth helped boost consumers' spirit (AFP Services)

That may have been a bubble. Gun maker Smith & Wesson is plunging in trading by 12% after reporting a 19% decline in sales and profits plunged 39% in the second quarter.  The current market environment reflects high inventories resulting from restocking that occurred following a two year surge in consumer buying. (PR Newswire)

The Schiller Park, Ill., bakery, where Twinkies were invented in 1930, will close. The facility was reopened in July 2013 after the company's bankruptcy and acquisition by private equity firms. Originally, Hostess had 11 plants with a union workforce, that number is now three. This closing will affect about 400 employees. (CNBC)

 

Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

Oregon State University off-site improvements for intersection reconstruction, July 11 – August 3,    7 a.m. – 4:30 p.m., at intersection of Chandler Avenue and Yates Drive.

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 

R.A.B. Construction:

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
LinkedUpRadio Envisionwise Web Services