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Tektronix layoffs; Paul Allen's Ebola pledge; Lattice Semiconductor predicts sales drop: business news briefing [The Oregonian, Portland, Ore.](Oregonian (Portland, OR) Via Acquire Media NewsEdge) Oct. 24--Here are the Oregon business headlines you need to see before you start your day. Get this news delivered to your inbox twice daily by subscribing to the business update email newsletter. US stocks rise broadly on earnings; Amazon sinks U.S. stocks rose again Friday, putting the market on track for the best week in almost two years. Amazon plunged after the company reported dismal third-quarter results, but that wasn't enough to drag the rest of the market down. The Dow Jones industrial average rose 43 points, or 0.3 percent, to 16,719 as of 9:55 a.m. Eastern. The Standard & Poor's 500 index rose five points, or 0.3 percent, to 1,956 and the Nasdaq composite is up 14 points, or 0.3 percent, to 4,467. -- AP Other news The state says the Portland firm and owner Remzi Bajrami offered investment advice online and via Twitter without a license. Baristas in one Oregon metro area earn more on average than all but two other U.S. cities. The quarterly data from RealtyTrac, a real estate data firm, shows the Portland area is faring better than many other parts of the state. In Oregon, helicopters spray weed killers near people under West Coast's weakest protections Oregon's rules for helicopters spraying weed killers do more for fish than people. Streams with fish get a 60-foot buffer from aerial sprays. Residential properties get none. Precision Castparts earnings, sales grow, but miss forecasts The company, which makes forged and cast products along with airframe components, announced results early Thursday morning, before markets opened. Northwest Mortgage Group acquired by California firm Guild Mortgage Co. of San Diego said Thursday it had bought Northwest Mortgage, and with it a strong foothold in the Portland market. Nike's Mark Parker says company scolded NFL over domestic violence Nike severed an endorsement deal last month with running back Ray Rice after he was captured on camera striking his then fiancee. Netflix's Hillsboro closure Q&A: Why now? The company's 188 Oregon employees will lose their jobs early next year. TriMet contract: Compare your health care benefits to proposed plan for Portland bus drivers TriMet's long, ugly labor nightmare appears closer to being settled -- at least until for a couple years. Average 30-year mortgage rate falls further below 4% It was the fifth straight week that mortgage rates retreated. Tektronix confirms another round of layoffs The Washington County company often reports layoffs this time of year as it realigns operations. Vegan, fair-trade condoms come to Portland: Would you pay extra for sustainable latex? (poll) Sustain condoms are now available at Portland Fred Meyer and Pharmaca stores. Paul Allen donates $100 million to fight Ebola The gift is believed to be the largest private donation to combat the deadly disease and support health care workers in West Africa. Allen was motivated by philanthropy, love of African continent in making $100 million Ebola pledge, a colleague says. Lattice Semiconductor says winning streak near an end The Hillsboro company indicated sales will likely fall in the current quarter for the first time in nearly two years. Precision Castparts misses estimates despite financial growth, shares fall Despite the company's improved earnings and sales, investors pushed shares down about 1 percent Thursday. Microsoft, like Intel, enjoying unexpectedly strong PC demand Intel, the biggest chipmaker, last week forecast higher-than-projected sales as companies replace aging PCs that were running Windows XP software. Comcast shedding cable subscribers -- but broadband growth more than compensates "From the point of view of a cable company, you really want to see broadband growth more so than cable-TV growth because it's much more profitable." Arc'teryx outerwear to open flagship store on Northwest 23rd Avenue The grand opening celebration on Saturday, Nov. 1, will run from 11 a.m. to 3:30 p.m. and bring in free Koi Fusion and Stumptown coffee for attendees. Paul Allen motivated by philanthropy, love of African continent in making $100 million Ebola pledge, colleague says A portion of Allen's gift immediately targets the development and manufacture of two medevac containment units, which the U.S. State Department will use to safely evacuate medical professionals from West Africa Sears closures: Albany store lands on disputed list The Seeking Alpha report did not list any other closures in Oregon or Washington, but said the bulk of the closures would be in Pennsylvania, Michigan and Indiana. -- Elliot Njus ___ (c)2014 The Oregonian (Portland, Ore.) Visit The Oregonian (Portland, Ore.) at www.oregonian.com Distributed by MCT Information Services |