From the Wires

The federal agency that holds the purse strings for care of Oregon Health Plan members recently  criticized the state’s system for distributing money to regional coordinated care organizations.

A $40 million floating drydock will arrive at the Columbia River this weekend, carrying components that will be assembled and put to work  by Vigor Industrial.

Police said Thursday that they’d arrested three people in three different incidents of bike theft over the previous 24 hours.

The contract is part of the transit agencies switch to electronic fares, the Portland high tech company announced Thursday.

Homes of roughly 200 square feet could be quickly and cheaply built to house homeless and low-income residents in Portland.

USAToday. The settlement is the largest in history between the federal government and a single company.

CNN: Family Dollar says it’s sticking with an agreement to merge with Dollar Tree for less money.

Reuters: The U.S. dollar hit nine-month highs against the euro and rose against a basket of major currencies after strong U.S. housing data bolstered expectations for an earlier-than-expected rate hike from the Federal Reserve.

WSJ: Apple said unit sales on the iPad—the best-selling tablet on the market—fell for a second straight quarter.

Reuters: Groundbreaking for new housing jumped 15.7% last month to a seasonally adjusted 1.09-million unit annual pace, the highest level since November.