From the Wires

American Express to pay $75.7M settlement

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Tuesday, December 24, 2013

AP: American Express has agreed to pay at least $75.7 million to end an investigation by regulators into some discontinued card products.

 

Retailers pursue last minute online sales

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Tuesday, December 24, 2013

Reuters: More customers this year will be able to pick up online orders in stores on Tuesday, the last shopping day before Christmas.

 

U.S. weather on wild ride

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Monday, December 23, 2013

CNN: Plummeting temperatures are on tap for much of U.S.

 

Customers sue Target

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Monday, December 23, 2013

BBC: US retailer Target is being sued by at least 11 customers over a credit card security breach in which information on 40 million cards was stolen.

 

AOL expects Huffington Post to turn profit

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Monday, December 23, 2013

CNN: The Huffington Post has yet to turn a profit for AOL, falling far short of executive Tim Armstrong's projection at the time of the acquisition three years ago.

 

Dennis Rodman in North Korea to train basketball team

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Friday, December 20, 2013

CNN: Former NBA star Dennis Rodman is in North Korea for his third visit of "basketball diplomacy."

 

NBA sole female referee speaks out

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Friday, December 20, 2013

CNN: Violet Palmer didn't set out to be a trailblazer, but as the only female referee in the NBA today, that's exactly what she's become.

 

The saga of Candy Crush

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Friday, December 20, 2013

BBC: Candy Crush Saga - the "match-three" mobile game - was the highest grossing app on both iPhone and iPad in 2013.

 

WhatsApp now one-third the size of Facebook

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Thursday, December 19, 2013

CNET: Mobile messaging app WhatsApp now has more than 400 million users each month.

 

Zuckerberg cashing out on $2.3B in stock

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Thursday, December 19, 2013

USA Today: Facebook CEO Mark Zuckerberg is selling $2.3 billion of holdings to help pay taxes.

 

Target confirms credit-card data breach

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Thursday, December 19, 2013

USA Today: Target stores have been hit by a major credit-card attack, affecting up to 40 million accounts.

 

Apple to begin selling Mac Pro

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Wednesday, December 18, 2013

Washington Post: Apple's new high-end desktop, the Mac Pro, goes on sale Thursday.

 

China restricts bitcoin

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Wednesday, December 18, 2013

BBC: Bitcoin has fallen to less than half the value it recently traded for, following reports of fresh action by Beijing to restrict trade in the virtual currency.

 
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Free Falling

Contributed Blogs
Thursday, December 18, 2014
121714-oilprice-thumbBY JASON NORRIS | OB CONTRIBUTOR

The implosion of the energy complex: The best thing for low oil prices is low oil prices.


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Editor's Letter: Power Play

January-Powerbook 2015
Thursday, December 11, 2014

There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:

Old power works like a currency. It is held by few. Once gained, it is jealously guarded, and the powerful have a substantial store of it to spend. It is closed, inaccessible, and leader-driven. It downloads, and it captures.

New power operates differently, like a current. It is made by many. It is open, participatory, and peer-driven. It uploads, and it distributes. Like water or electricity, it’s most forceful when it surges. The goal with new power is not to hoard it but to channel it.

The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace. 

Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.

This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay. 

Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.

New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”

That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!

— Linda


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Healthcare pullback

News
Thursday, November 20, 2014
112014-boehnercare-thumbBY JASON NORRIS | OB CONTRIBUTOR

Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).


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Corner Office: Timothy Mitchell

January-Powerbook 2015
Saturday, December 13, 2014

A look-in on the life of Norris & Stevens' president.


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Dan and Louis Oyster Bar opens up to a changing neighborhood

The Latest
Thursday, December 11, 2014
121114-oystervidBy MEGHAN NOLT

VIDEO: Revamping a Classic — an iconic eatery stays relevant in a changing marketplace.


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Three problems with Obama's immigration order

News
Wednesday, November 26, 2014

BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR112614-immigration-thumb

By now, anyone who knows about it has a position on President Obama’s executive order on immigration. The executive order is the outcome of failed attempts at getting a bill through the normal legislative process. Both Obama and his predecessor came close, but not close enough since the process broke down multiple times.


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Top stories in 2014

The Latest
Thursday, December 18, 2014
10-listthumb

2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.


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