Gubser group using social networking site
The Gubser Neighborhood Association in Keizer is turning to a private social networking site to encourage participation.
Granite Construction to pay environmental fine
Granite Construction agreed to pay a $735,000 penalty to resolve EPA allegations from a contracted U.S. 20 project.
Bank of America to settle with Fannie Mae
Reuters: Bank of America on Monday announced roughly $11.6 billion of settlements with mortgage finance company Fannie Mae and a $1.8 billion sale of collection rights on home loans, in a series of deals meant to help the bank move past its disastrous 2008 purchase of Countrywide Financial Corp.
Krugman joins the $1 trillion coin brigade
Wall Street Journal: Paul Krugman, the liberal economist who pens a widely read column for the New York Times, on Monday joined the calls for the U.S. to mint a $1 trillion platinum coin as a way around the debt ceiling.
Hulu CEO stepping down
CNN: Hulu CEO Jason Kilar is leaving in the first quarter of the year, along with chief technology officer Rich Tom.
Online dating sites may threaten monogamy
The Atlantic: The prospect of finding an ever-more-compatible mate with the click of a mouse may mean a future of relationship instability.
Dempsey bids on coffee chain
AP: “Grey’s Anatomy” star Patrick Dempsey won a bankruptcy auction to buy Seattle-based Tully’s Coffee.
City Center Parking sold
City Center Parking, Portland’s largest and oldest parking lot operation, was acquired by Imperial Parking of Vancouver, B.C.
Thousands of Oregonians benefit from unemployment extension
An extension of the federal unemployment benefit program will help an estimated 35,000 Oregonians.
NexPlanar reports $10M investment
Hillsboro-based semiconductor company NexPlanar reported $10 million in new investment.