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Insurance Woes Impede Recovery A lack of affordable insurance puts Portland businesses at risk of property damage and theft. On May 30, 2020, during demonstrations for social justice in Portland’s downtown, someone broke the storefront window of Mercantile Portland, a high-end women’s clothing store on the corner of Southwest Alder Street and Park Avenue. Over the next several hours, thieves stole goods and vandalized the interior. The shop was closed for the next four months as the owner fixed windows and cleaned up the place. The total for the repairs and the stolen goods came to $1 mil...

Honeywell, Sichuan Airlines ink deal on auxiliary power units LONDON, January 7, 2021 Sichuan Airlines has selected Honeywell’s 131-9A auxiliary power units (APUs) for its A320 fleet of aircraft.    As part of a five-year agreement, Honeywell will provide the 131-9A APU for Sichuan Airline’s 93 new A320 aircraft that will enter service by 2025. The airline will also replace the APUs on its 141 existing A320 aircraft with the same Honeywell APU.    This is the largest APU retrofit deal in Honeywell’s history. The 131-9A APU will help Sichuan Airlines reduce flight delays and can...

'It doesn't cover civil unrest': Downtown Portland businesses face rising insurance costs, decreased coverage after riots Insurance underwriters are taking riots and damage into account when choosing whether or not to renew some policies. Author: Katherine Cook Updated: 11:26 PM PST January 5, 2021 PORTLAND, Ore. — In downtown Portland, plywood and graffiti are the new cityscape. Only, it isn’t new, anymore.  Since late last spring, businesses have been dealing with damage and looting from riots and protests, most recently a New Year’s Eve riot organized...

Share: SHANGHAI, Jan. 6, 2021 /PRNewswire/ -- Sichuan Airlines has selected Honeywell's (NYSE:HON) 131-9A auxiliary power units (APUs) for its A320 fleet of aircraft. As part of a five-year agreement, Honeywell will provide the 131-9A APU for Sichuan Airline's 93 new A320 aircraft that will enter service by 2025. The airline will also replace the APUs on its 141 existing A320 aircraft with the same Honeywell APU. This is the largest APU retrofit deal in Honeywell's history. The 131-9A APU will help Sichuan Airlines reduce flight delays and cancellations, creating a more pleasant flying exper...

CyberLink Will Showcase New FaceMe® eKYC and Fintech Solutions at CES 2021 CyberLink Will Showcase New FaceMe® eKYC and Fintech Solutions at CES 2021 CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition technologies, will showcase new applications of its state-of-the-art FaceMe technology for the banking, financial services and insurance (BFSI) industry at the all-digital Consumer Electronics Show January 11-14, 2021. CyberLink will also feature its innovative software solutions, FaceMe Health for pandemic control, and FaceMe Security for access control, authentication and secu...