Fed chief supports scaling back bond purchases
The Federal Reserve’s San Francisco chief spoke in Portland, saying that scaling back bond purchases this year and stopping them next year is the best course of action.
Food Alliance relaunches
The Food Alliance is relaunching after suspending operations in February. The group certifies sustainable agriculture and food handling.
Oregon Zoo expecting lion cubs
The Oregon Zoo is expecting lion cubs for the first time in several decades.
Australian teen leaks new iPhone photos
Reuters: An Australian teenager who has built an online following by leaking pictures of upcoming Apple Inc products has the purported fingerprint scanner of the latest iPhone.
Lego now second-biggest toy maker
BBC: Denmark’s Lego has become the world’s second-biggest toy maker after reporting a 13% increase in sales.
Samsung and Qualcomm release smartwatches
Reuters: Forging a “wearables” market worth a potential $50 billion, Qualcomm and Samsung have expanded their reach beyond mobile phones.
‘Under God’ part of Pledge of Allegiance challenged
CNN: The Supreme Judicial Court of Massachusetts is hearing arguments over the “under God” part of the Pledge of Allegiance.
Treasurer proposes college scholarship plan
State Treasurer Ted Wheeler is proposing a first-of-its-kind college scholarship program considered risky by investment professionals.
News Corp sells Medford and Ashland newspapers
News Corp sold 33 publications, including Medford’s Mail Tribune and Ashland’s Daily Tidings.
TriMet releases Tickets app
TriMet released its new mobile ticketing app that works for buses and trains systemwide. It was developed by Portland startup GlobeSherpa.