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Black Friday fails to boost stores

Dec 6, 2009
Retailers placed a lot of hope on the Thanksgiving weekend gift buying this year, but merchants failed to get the big sales boost they were seeking. According to monthly same-store tracker Thomson Reuters, overall sales rose just 0.5% last month...

Need jobs now - White House

Dec 4, 2009
With rising unemployment stymying the president’s economic revival plans, the Obama administration is huddling with business leaders, academics and other experts Thursday to find a way to jumpstart hiring. Some 130 people will gather for the afternoon...

Where's the next Dubai?

Dec 3, 2009
Dubai’s not the only onetime highflier that risks drowning in debt. The Middle East city-state’s investment arm, Dubai World, is working with creditors to restructure $26 billion of debt it took on in a multiyear, global property binge. Last week,...

State announces $5M investment in OHSU-connected fund

Dec 2, 2009
State Treasurer Ben Westlund on Tuesday announced a $5 million investment in Marquam Hill Capital. The Beaverton firm is launching a venture capital fund that will help Portland-area businesses connect with researchers at Oregon Health & Science...

Dubai World reminder of recovery risks: OECD chief

Dec 1, 2009
Dubai World’s debt problems are a wake-up call that the economic recovery is still fragile and that there are still risks, OECD Secretary General Angel Gurria told Reuters. Gurria said the incident had reminded markets of growing debt concerns,...


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