Home From the Wires U.S. markets surge after Congress approves ‘cliff’ deal

U.S. markets surge after Congress approves ‘cliff’ deal

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Wednesday, January 02, 2013

Washington Post: U.S. markets surged more than 2 percent Wednesday morning, hours after Congress approved a plan to avoid the “fiscal cliff” by raising taxes on American’s wealthiest households.

The late-night, last-minute deal allows the nation to avoid the severe austerity measures that were slated to take effect starting today. But it does not dramatically shrink the government’s soaring national debt, or address the nagging problem of persistent unemployment.

And it pushes off for two months a larger, potentially more painful battle over broader spending cuts and the federal debt limit, which means that the knock-down, drag-out fight that kept lawmakers in the Capitol building through the New Year’s holiday is likely to be repeated, in some fashion, over the next eight weeks.

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100 Best Companies to Work for in Oregon [VIDEO]

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The 2014 100 Best Companies to Work for in Oregon

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100best14logo ThumbnailThe 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.


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An intellectual property attorney by day, 48-year-old Stoll Berne attorney Tim DeJong is a singer and guitarist by night.


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The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.


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The 2014 List: The Top 34 Medium Companies to Work, For in Oregon

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100best14logoWebOur 100 Best Companies project turned 21 this year, so pop open the Champagne. Our latest survey gives us plenty to cheer.

 


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Small business sales go big

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Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.

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