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From the Wires

American fast food chains snagged by food safety scandal in China

Forbes: Workers at a meat supplier in China were shown reusing meat that had fallen to the factory floor, as well as mixing fresh and expired meat. The company then distributed the meat to KFC and McDonald’s restaurants in the Shanghai area.

April 6, 2023July 22, 2014 Written by Oregon Business Team
Published in Categories From the Wires

Washington volcanoes receive more scientific scrutiny

LA Times: Using incredibly sensitive instruments, scientists have followed the magma from the Earth’s belly to the base of Mt. Rainier.

April 6, 2023July 21, 2014 Written by Oregon Business Team
Published in Categories From the Wires

Edward Snowden: Racy photos often shared at NSA

NYT: The former National Security Agency contractor said in an interview that members of the U.S. military working at the spy agency sometimes shared the sexually explicit photos they intercepted.

April 6, 2023July 21, 2014 Written by Oregon Business Team
Published in Categories From the Wires

Forbes Media to sell majority stake

NYT: Forbes Media has agreed to sell a majority stake in itself to Hong Kong investors.

April 6, 2023July 18, 2014 Written by Oregon Business Team
Published in Categories From the Wires

FedEx indicted for delivering illegal prescription drugs

Bloomberg: The U.S. Department of Justice is charging the shipping giant for delivering drugs for illegal online pharmacies.

April 6, 2023July 18, 2014 Written by Oregon Business Team
Published in Categories From the Wires

Microsoft to cut 18,000 jobs

Reuters: Microsoft Corp. will slash 14% of its workforce; it will lay off 1,350 employees in the Seattle area.

April 6, 2023July 17, 2014 Written by Oregon Business Team
Published in Categories From the Wires

Profits surge at Morgan Stanley

NYT: The bank posted profit of $1.3 billion, or 60 cents per share, on $8.5 billion in revenue, up 46% from Q2 of 2013.

April 6, 2023July 17, 2014 Written by Oregon Business Team
Published in Categories From the Wires

Apple joins with IBM on business apps

NYT: The two companies announced their partnership and its intent to spread mobile and data analysis technology in the corporate world.

April 6, 2023July 16, 2014 Written by Oregon Business Team
Published in Categories From the Wires

Strokes in U.S. drop two-fold

Bloomberg: The rate of first-time strokes in the United States dropped 24% in the past two decades; accompanying deaths fell 20% per decade.

April 6, 2023July 16, 2014 Written by Oregon Business Team
Published in Categories From the Wires

U.S. retail sales rise modestly

WSJ: Retail sales in the United States rose a seasonally adjusted 0.2% from May, the weakest increase since January.

April 6, 2023July 15, 2014 Written by Oregon Business Team
Published in Categories From the Wires
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