Economists pessimistic about short-term growth
Economists are gloomy about growth because of Europe’s financial crisis and the prospect of major federal spending cuts.
Parents cut college spending
Families have pulled back on college spending in the past year due to rising higher education costs.
Businesses increase stockpiles
U.S. companies added to their stockpiles in May but sales fell again.
Microsoft pulls out of MSNBC.com
NBC is buying Microsoft’s 50% interest in MSNBC.com for an undisclosed amount.
Nike removes Joe Paterno’s name from childcare center
Amid the Pennsylvania State University sex-abuse scandal, Nike decided to remove football coach Joe Paterno’s name from its largest childcare center.
Paramedics turn to expired drugs
Manufacturing delays and industry changes have forced paramedics in many jurisdictions to turn to expired medications.
Housing demand outpaces supply in June
With the housing market stabilizing, Oregon buyers waiting for the market to bottom out are now preparing to buy.
Downtown Portland beach proposed
A Portland man has filed a petition with the Parks Department to establish a beach at the Hawthorne Bowl on Portland’s waterfront.
Intel parking garage plans irk neighbors
Intel wants to build the largest parking garage in Hillsboro for its D1X research factory but didn’t inform the nearby 160 households.
OSU researchers study threat to coral reefs
Oregon State University Researchers are studying two viruses that are affecting coral reef ecosystems globally.