Sony buys Michael Jackson shares for $750M
NPR: Sony will pay for the Michael Jackson’s 50% share of Sony/ATV.
From the Wires
State unemployment rate drops to 4.8%
ASSOCIATED PRESS: The jobless rate is at its lowest level since 1995.
Yahoo to discontinue Games portal, Livetext, API Boss
USA TODAY: Yahoo will shut down several products in a streamline effort in light of board changes.
China’s Anbang Insurance Group bids $14B for Starwood hotel chain
REGISTER GUARD: The Chinese consortium offered a buyout to the U.S. hotel chain on Monday.
Two Hellfire missiles found on Portland-bound Serbian plane
CNBC: The Lebanese army says the missiles were allegedly non-explosive and for training.
Portland reaches finalist round in ‘Smart Cities’ competition
REGISTER GUARD: The U.S. Department of Transportation declared Portland as on of the finalists in the Smart Cities Challenge.
Researchers discover plastic-eating microbe
CBS: A group of scientists announced, “some bacteria think plastic is fantastic” in a recent report.
Fukushima nuclear cleanup will take decades
NPR: Things have improved in Fukushima after a devastating earthquake and tsunami caused a nuclear meltdown five years ago, but clean-up sites still have a far way to go.
Portland ranks No. 3 in best cities for women entrepreneurs
OREGON LIVE: The lender Merchant Cash USA placed Portland at No. 3 on its list of the best cities for women business owners.
Albertsons seeks purchase of remaining Haggen stores
SEATTLE TIMES: Documents from the Federal Trade Commission show that Albertsons has plans to buy the 33 remaining Haggens stores.