Music City firm acquires Rumblefish
Nashville-based SESAC purchased the Portland company, which developed a platform for musicians to micro-license music for use on websites. Terms of the deal were not disclosed.
Community colleges and sustainability
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Adidas reveals profit warning
WSJ: Adidas said its Q2 net profit fell 16% from last year to $193 million.
Oregon lags in export growth
The state’s share of the nation’s exports has fallen from 1.5% in 2008 to 1.2% in 2013.
ViaWest sells for $1.2 billion
The data center operator with a facility in Hillsboro was acquired by Shaw Communications, a Canadian telecommunications and media company.
FEI reports another weak quarter
The Hillsboro-based tech company profits totaled $24.9 million, or 59 cents per share.
Kaiser plans to open office in Eugene
Kaiser Permanente announced plans to open a medical office in Eugene by late 2015.
Portland Rodda Paint spreads eastward
The Rodda Paint Company purchased four Kelly-Moore Paint stores in Idaho and one in eastern Oregon.
Target appoints new CEO
Reuters: Former PepsiCo executive Brian Cornell was named Target Corp’s new CEO.
U.S. economy grew by 4% in Q2
Bloomberg: Real gross domestic product in the United States increased at an annual rate of 4% in the second quarter of 2014.