Penalty for not getting health insurance called a tax
Beginning in 2014, if you lack health coverage, you face an annual penalty deemed a tax by the U.S. Supreme Court.
Year: 2013
Class-action lawsuit filed against BP
A Portland lawyer filed a class-action lawsuit alleging BP West Coast Products required Oregon gas stations to charge 35 cents when they used a debit card.
Wells Fargo gives down payment assistance
Wells Fargo Bank plans to help 220 Portlanders with down payment assistance under a new program.
Bend sound studio company grows
Bend-based VocalBooth makes portable sound recording studios.
Wat’z Up Hillsboro Music Co. closing
Downtown Hillsboro’s Wat’z Up Hillsboro Music Co. is closing after 23 years.
JP Morgan to announce $13B settlement
Reuters: JPMorgan Chase & Co is expected to announce a $13 billion agreement with the U.S. government on Tuesday to settle claims it overstated the quality of mortgages.
Black Friday expected to be calmer
The Black Friday rush is expected to be less crazy this year, according to Nielsen.
Bloomberg lays off dozens
New York Observer: Bloomberg News laid off dozens of staffers and eliminated some positions today in an effort to shift resources within the company.
Walmart holds food drive for its own employees
Business Insider: A Cleveland Walmart is holding a Thanksgiving food drive for its own employees.
China’s building boom boosts log exports
An increase in demand for western-style houses in China is boosting log exports from the Northwest, but not everyone in the industry considers that a good thing.