Cisco Systems Inc. to cut another 6,000 jobs
Reuters: The network equipment maker said it plans to cut another 6,000 workers as it transitions towards a new cycle of high-end switches and routers.
U.S. consumer debt declines for the first time in a year
Bloomberg: Household debt dropped 0.2%, or $18 billion, to $11.63 trillion from January through March 2014.
Intel to buy networking business from Avago Technologies
The chipmaker said it will pay $650 million to purchase the networking business, which will help expand its product portfolio.
Treehouse teams up with empowerment groups
The Portland-based online technology education startup, Girls Inc. and ChickTech will launch Change the Ratio, a program aimed at inspiring girls into career paths in technology.
Simple CEO apologizes for outage
The Portland-based online banking service suffered a prolonged outage last week that kept thousands of people from accessing their money.
City Club of Portland may endorse legal pot in Oregon
Club members must first approve the endorsement of a ballot measure that would legalize recreational marijuana.
Oregon crab value soars
This year the state’s commercial crab fishermen brought in about 14.35 million pounds of crab valued at $49.7 million.
Is this employee right?
BY TOM COX | OB BLOGGER
When I say, “Your Employee is Always Right,” I do not mean “right about the facts,” but rather “right about how they feel” and “right about how they want to be led.”
U.S. retails sales flat in July
WSJ: Retail and food services sales were essentially unchanged last month from June.
CDC: Fewer unmarried women having children
WebMD: Births outside of marriage accounted for 40.6% of all births in the United States in 2013, 7% lower than the peak in 2008.