From the Wires

Massive drydock to arrive this weekend

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Friday, August 22, 2014

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

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Friday, August 22, 2014

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

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Friday, August 22, 2014

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

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Friday, August 22, 2014

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

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Thursday, August 21, 2014

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

 

Family Dollar rejects bid from Dollar General

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Thursday, August 21, 2014

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

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Wednesday, August 20, 2014

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

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Wednesday, August 20, 2014

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

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Tuesday, August 19, 2014

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

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Tuesday, August 19, 2014

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

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Monday, August 18, 2014

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

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Monday, August 18, 2014

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

 

Coca-Cola acquires major stake in Monster Beverage

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Friday, August 15, 2014

Reuters: The world's largest soda maker paid $2.15 billion in cash for a 16.7% stake in Monster Beverage Corp.

 
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