Judicial foreclosures up
Court-supervised foreclosures jumped in Oregon in December.
Hillsboro Downtown Business Association dissolved
The Hillsboro Downtown Business Association is now out of commission, and the organization owes $96,000 to the Internal Revenue Service.
High-speed rail inches forward
Twenty years after the Pacific Northwest was designated a high-speed rail corridor, Oregon begins planning a Eugene-to-Portland high-speed rail project.
Fitch: debt-limit delay imperils U.S. credit rating
Los Angeles Times: A failure by Congress to raise the debt limit “in a timely manner” could lead to a downgrade of the nation’s AAA credit rating, Fitch Ratings said Tuesday.
Behind Lance Armstrong’s decision to talk
Wall Street Journal: This week, Lance Armstrong is launching a public campaign to restore his image. In an interview with Oprah Winfrey taped Monday and scheduled for broadcast Thursday, Armstrong admitted to using performance-enhancing drugs.
Coca-Cola to air anti-obesity commercials
Reuters: The two-minute commercial highlights the company’s efforts in fighting obesity, as the soft drink industry faces increasing pressure from local governments and critics.
UPS, TNT deal falls apart
Washington Post: The United Parcel Service walked away from its $6.9 billion takeover of the struggling TNT Express NV.
John McAfee in Portland
The controversial software entrepreneur John McAfee is in Portland to collaborate on a graphic novel about his life.
Janrain confirms $33M venture round
Portland-based Janrain confirmed that it raised $33 million in new investment, one of the biggest Oregon venture capital rounds ever.
Nike considered Austin and Vancouver
Before settling on Oregon for a major expansion, Nike considered Vancouver and Austin.