Tax deadline prompts spike in donations
Oregon nonprofits benefited from a last-minute rush as donations came in before the end-of-year tax deduction deadline.
Year: 2013
Oregon gets minimum wage increase in the new year
Oregon’s minimum wage went up 15 cents to $8.95 beginning Jan. 1.
Conscious Commuter seeks $1.5M
Portland-based fold up electric bike designer Conscious Commuter wants to raise $1.5 million in debt financing.
Salem rated a top retirement destination
Salem was rated as a top town to retire in the Where to Retire magazine’s January/February issue.
Strong auto sales predicted in 2013
An improving economy and many new models are expected to push U.S. auto sales above 15 million in 2013.
Energy drinks fall short of claims
Energy drinks are the fastest-growing part of the beverage industry, but are now under scrutiny by the FDA and are falling short of advertised claims.
Manufacturing rises in U.S.
U.S. manufacturing had modest gains in December, boosting the economy at the start of the new year.
Avis buys Zipcar for $491M
AP: Avis is buying Zipcar for $491.2 million, joining the expanding car sharing market.
‘Fiscal cliff’ analysis: Taxes to rise for most Americans despite deal
Chicago Tribune: While the tax package that Congress passed New Year’s Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.
U.S. markets surge after Congress approves ‘cliff’ deal
Washington Post: U.S. markets surged more than 2 percent Wednesday morning, hours after Congress approved a plan to avoid the “fiscal cliff” by raising taxes on American’s wealthiest households.