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Q2’s profit surge was the strongest in years. Here’s who led the charge around Portland.

Q2’s profit surge was the strongest in years. Here’s who led the charge around Portland.

U.S. companies rebounded from a lackluster showing in the first quarter of the year with a surge in profits that’s expected to fuel even more economic growth in the months ahead. The Commerce Department reported this week that after-tax profits among U.S. companies jumped 16.1 percent on a year-over-year during the quarter that ended June 30, qualifying as the largest such increase since 2012. The boom was especially pronounced in the banking industry, which pocketed more after-tax profits than…

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Amazon opens third Amazon Go cashierless store in Seattle

Amazon opens third Amazon Go cashierless store in Seattle

Amazon.com Inc. looks to be ramping up its Amazon Go store openings, launching its third store in Seattle a week after opening the second. The newest cashierless store (300 Boren Ave. N.) is at the corner of Boren and Thomas in the Troy Block of Amazon’s South Lake Union headquarters campus in Seattle. The third store is the largest, coming in at 2,100 square feet, according to the Seattle Times. Amazon opened the first of its grab-and-go convenience stores to employee testers in 2016 and allowed…

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