KBND Logo

 

On Air Now

Rudy Maxa
ON AIR NOW
Rudy Maxa
7:00am - 9:00am
Contact

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


At 11am we get the Federal Reserve meeting minutes from their January get together.  This could move markets. (CNBC)
 
New housing starts for last month fell 16%.  Can you say weather?  (Bloomberg)

Inflation at the manufacturing level, also known as PPI, was up 0.2%, last month.  A little hotter than expected.   (Fox Business News)

Mortgage applications, both refinancing and new purchase, fell 4.1% last week.  Loans for an original home purchase fell 6.3% to its lowest level since September 2011. (Mortgage Bankers Association)

Renewable energy mandates come at a cost. Portland General Electric is asking for a 4.6% rate increase to cover the cost of its new $500 million wind farm.  This comes on top of the 7% rate increase that kicked in the first of the year (Associated Press)

Nike is raising its dividend by 14% to 24 cents a share.  The company has plenty of cash to cover the increase with $5.1 billion in the bank.  The new dividend will mean a $214 million payout to shareholders. (Market Wired)
 

 

Traffic & Weather

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

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:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

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

 
LinkedUpRadio Envisionwise Web Services