LivingSocial to ax hundreds of jobs
Washington Business Journal: LivingSocial, a social commerce company that has raised more than $800 million in funding, entered 2012 with a staff of roughly 5,000. Now it says it will lay off 400 in the U.S.
Trail Blazers COO resigns
Trail Blazers chief operating officer Sarah Mensah has resigned.
Groupon CEO willing to fire himself
Chicago Tribune: As share prices plummet, Groupon Chief Executive Andrew Mason says he would step down if necessary.
Yahoo CEO doesn’t consider Blackberry a smartphone
BGR: Yahoo CEO Marissa Mayer made waves when she announced she would be providing all the company’s employees with a smartphone of their choice, unless they wanted a Blackberry.
Obama wants to keep tax cuts for the middle class
New York Times: President Obama called on Congress to extend Bush-era tax cuts for all incomes under $250,000.
Microsoft ads attack Google
Associated Press: Microsoft unveiled new Bing ads making fun of rival Google as a terrible holiday shopping guide.
New Seasons opening central kitchen
New Seasons Market plans to establish a central kitchen in Portland’s Central Eastside Industrial District.
Oregon company to host Fiesta Bowl pep rallies
Beaverton-based SportsOne was chosen to stage pep rallies for the teams competing in the Jan. 3 Fiesta Bowl in Arizona.
Oregon timber sales halted for seabirds
11 Oregon timber sales are on hold while a federal judge considers a lawsuit over the protected marbled murrelet.
Oregon’s high school graduation rate ranks low
Oregon has the fourth-worst high school graduation rate in the nation.