Bank of America has agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit.
Web giants like Google and Amazon are notoriously secretive about what goes on inside of their data centers. Meanwhile, Facebook "open sourced" the designs for its Prineville data center and its custom-built servers. So just what does go on inside of those mysterious computing facilities?
The leader of Oregon's prison system is stepping down at the end of the year to become president of the nonprofit Oregon Community Foundation, prompting Gov. John Kitzhaber to conduct a fast-track search for a new corrections chief.
Portland is temporarily closing Lownsdale and Chapman Squares to the public, the site where Occupy Portland demonstrators have been camped out for more than a month. At 12:01 a.m. Sunday Nov. 13, all people and property in the squares will be subject to enforcement of local laws, according to Portland Mayor Sam Adams.
Macy's Inc. and Target Corp. announced plans to open some stores at midnight on Thanksgiving, getting the earliest start to the holiday shopping season ever. With analysts predicting only modest sales gains, the season is likely to be highly competitive for store chains.
Crews blasted a hole in the nearly century-old Condit Dam in Washington's south Cascades in order to restore habitat for endangered and threatened fish. The dam once produced enough power for 7,000 homes, but PacifiCorp decided to remove the dam instead of install expensive fish passage structures.