From the Wires

Federal directive threatens Oregon health reforms

The federal agency that holds the purse strings for care of Oregon Health Plan members recently  criticized the state's system for distributing money to regional coordinated care organizations.

Massive drydock to arrive this weekend

A $40 million floating drydock will arrive at the Columbia River this weekend, carrying components that will be assembled and put to work  by Vigor Industrial.

Ashland "bait bike" stolen three times in one day

Police said Thursday that they'd arrested three people in three different incidents of bike theft over the previous 24 hours.

Trimet awards GlobeSherpa mobile app contract

The contract is part of the transit agencies switch to electronic fares, the Portland high tech company announced Thursday.

Tiny houses to serve as affordable housing

Homes of roughly 200 square feet could be quickly and cheaply built to house homeless and low-income residents in Portland.

Bank of America agrees to $17B settlement

USAToday. The settlement is the largest in history between the federal government and a single company.

Family Dollar rejects bid from Dollar General

CNN: Family Dollar says it's sticking with an agreement to merge with Dollar Tree for less money.

U.S. dollar hits nine-month high against euro

Reuters: The U.S. dollar hit nine-month highs against the euro and rose against a basket of major currencies after strong U.S. housing data bolstered expectations for an earlier-than-expected rate hike from the Federal Reserve.

Demand for tablets declines

WSJ: Apple said unit sales on the iPad—the best-selling tablet on the market—fell for a second straight quarter.

U.S. housing market improving

Reuters: Groundbreaking for new housing jumped 15.7% last month to a seasonally adjusted 1.09-million unit annual pace, the highest level since November.

Hospital network hacked, 4.5M records stolen

Bloomberg: Chinese hackers stole data from 4.5 million patients of Community Health Systems Inc., the second-largest for-profit hospital chain in the United States.

Dollar General enters bid for Family Dollar

BBC: Dollar General made a $9.7 billion offer for the discount retailer, triumphing the $8.5 billion offer Dollar Tree made last month.

More than a third of Americans lack retirement savings

TIME: A new survey found that 36% of Americans have not set aside any money for retirement.