New York Times: Both parties are arguing over the size of the down payment, which is critical. Republicans and Democrats alike worry that canceling roughly $600 billion in deficit-reducing tax increases and spending cuts next year might spook financial markets.
MSN Money: Instead of showing bipartisan progress on a solution to the “fiscal cliff,” Congress and the White House seem unwilling to budge, after House Speaker John Boehner, R-Ohio, expressed disappointment.
New York Times: Massachusetts representative asks Federal Trade Commission to investigate marketing claims made by producers of caffeine heavy energy drinks.
Washington Post: iTunes 11 is out, after being pushed back from its anticipated October release.
CNN: Troubles at Groupon and LivingSocial hint at serious issues in the daily deals field.
Metro staffers say they need more time to negotiate the proposed headquarters hotel at the Oregon Convention Center.
Bike Gallery owner and president Jay Graves announced his retirement and the sale of the company to California-based Trek Bicycle Superstore.
Wilsonville-based Mentor Graphics reported third-quarter sales and profits ahead of its forecast.
Lisa Schwartz has been named director of the Oregon Department of Energy.
Portland-based Better Bean Company overhauled its packaging to use less plastic.