High Five

Salem reviews city's use of stimulus grants

The Salem City Council is meeting to review federal stimulus grants that the city received during the last two years.

Oregon business summit convenes in Portland

Oregon's annual Business Plan Leadership Summit starts today with leaders from around the state looking for consensus on how to boost the state's economy.

Intel cuts revenue forecast on hard drive shortage

Intel lowered its fourth quarter revenue forecast due to shortages of hard drives in the PC industry.

Eugene manufacturer reaps benefit of recycling boom

A Eugene manufacturer of equipment to sort recyclables is experiencing rapid growth in contrast to a relatively stagnant Lane County economy.

Lattice pays $62 milion for mobile chip firm as sales slide

Lattice Semiconductor warned investors this morning that its fourth-quarter financial results will be worse than forecast, with "softening of demand" in its communications business pushing the Hillsboro company's sales down between 14 and 17 percent from last quarter.