Investment firm buys stake in McCormick & Schmick

Chicago investment firm Discovery Group has bought 6.3 percent of McCormick & Schmick’s Seafood Inc., a day after Tilman Fertitta announced he’d dropped his tender offer and had entered into a confidentiality agreement with the Portland-based restaurant chain. 

River dumps still in play for Superfund cleanup

The Environmental Protection Agency and property owners in Portland Harbor continue to pursue building contaminated sediment dumps at the edges of the Willamette River as a way to speed the long-delayed cleanup of Oregon’s largest Superfund site.