Top News & Analysis Oregon

  • Nearly 40 malls in the U.S. have installed high-tech settings that let kids tap tablets, play games or take a virtual ride to the North Pole as they make their way to meet Santa. WHERE: 13 malls, including Northlake Mall in Charlotte, North Carolina; Fashion Show Mall in Las Vegas and Oak Park Mall in Overland Park, Kansas. WHERE: 12 malls, including Twelve Oaks Mall in Novi,...

  • Treasury Secretary Jack Lew on Monday asking for the acquisition of U.S. chip maker Lattice Semiconductor Corp by a fund with ties to China's government to be blocked over security concerns. The letter follows a Reuters report last week that revealed that Canyon Bridge Capital Partners, the buyout fund that agreed to acquire Lattice for $1.3 billion, is funded...

  • NEW YORK, Dec 5- If there is one takeaway from the depressing retirement-savings surveys that come in pretty much every day, it is this: The current system is not working for most Americans. The whole system needs a radical rethink- and that is where people like Ida Rademacher come in. As head of the Financial Security Program for think tank Aspen Institute, it is her...

  • NEW YORK, Dec 5- If there is one takeaway from the depressing retirement-savings surveys that come in pretty much every day, it is this: The current system is not working for most Americans. The whole system needs a radical rethink- and that is where people like Ida Rademacher come in. As head of the Financial Security Program for think tank Aspen Institute, it is her...

  • NEW YORK— Amazon is testing a grocery store model in Seattle that works without checkout lines. It has opened three bookstores in California, Oregon and Washington with traditional check outs. Cowen& Co. analyst John Blackledge says the new grocery store is just one way that Amazon has been setting its sights on the food and beverage category, a lucrative $795...

  • BEIJING— China has urged Washington to stop disrupting its foreign corporate acquisitions after President Barack Obama blocked the purchase of a German maker of semiconductor manufacturing equipment as a security risk. The proposed acquisition of Aixtron SE by China's Fujian Grand Chip was "pure market behavior," a foreign ministry spokesman, Lu Kang, said...

  • FRANKFURT/ WASHINGTON, Dec 2- President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron because the deal posed a risk to American national security, the Treasury Department said on Friday. In 2012, Obama ordered Ralls Corp, owned by China's Sany Group, to sell its interest in wind...

  • First tribal-owned cannabis operation in US creates jobs

    CNBC's Kate Rogers discusses Warm Spring Cannabis Project, the first tribal-owned cannabis operation in the U.S., and how its creating jobs.

  • Dec 2- Aixtron SE's takeover by China's Fujian Grand Chip Investment Fund may soon be on the list of deals called off due to increased U.S. regulatory scrutiny. --China's Unisplendour Corp Ltd scrapped a $3.8 billion investment in Western Digital Corp after CFIUS said it would investigate the transaction. --China's Tsinghua Unigroup Ltd abandoned its offer to buy...

  • LOS ANGELES— California Treasurer John Chiang on Friday appealed to President-elect Donald Trump for guidance on how the state's projected $7 billion marijuana industry can participate in the nation's banking system while pot remains illegal under U.S. law. California voters last month approved Proposition 64, which legalized the recreational use of...

  • WASHINGTON— Citing a national security risk, President Barack Obama on Friday blocked a Chinese investor's proposed takeover of Aixtron SE, a German maker of semiconductor manufacturing equipment, a rare move that drew objections from Beijing and complaints that the U.S. was injecting politics into the deal. Obama ordered Fujan Grand Chip to "fully and...

  • President Barack Obama is poised to block the sale of German chip equipment maker Aixtron to China's Fujian Grand Chip Investment Fund, Bloomberg reported, citing sources. Obama, on Friday, is expected to uphold the Committee on Foreign Investment in the United States' recommendation that Aixtron's sale to the Chinese investment fund be stopped, Bloomberg...

  • *Euro gains further on France's Hollande not seeking re-election. NEW YORK, Dec 1- The dollar fell on Thursday against a basket of currencies as traders booked gains following a solid November on bets of a stronger U.S. economy under a Trump administration and on caution ahead of Friday's government payrolls report. The greenback weakened against sterling on a...

  • WASHINGTON— Citing fears of a Donald Trump presidency, environmental groups are urging President Barack Obama to stay busy in his final weeks. In the three weeks since Trump's election, the Obama administration has moved to block for several years new oil and gas drilling in the Arctic Ocean, canceled 25 oil and gas leases in western Colorado and halted new...

  • BOSTON— Changing marijuana laws aren't necessarily making weed more welcome in the workplace. For now, many employers appear to be sticking with their drug testing and personal conduct policies, even in states where recreational marijuana use is now permitted. Voters in California, Massachusetts, Maine and Nevada voted Nov. 8 to approve the use of recreational...

  • The White House said in a statement after the House vote: "The Senate should promptly pass this bill so that the President can sign it." The bill, sponsored by Republican Representative Fred Upton of Michigan, authorizes $4.8 billion to the National Institutes of Health and $500 million to the Food and Drug Administration to streamline the clinical trial process...

  • Andrew Cuomo's opposition to legislation that would give farmers a tax break for donating surplus fruits, vegetables and other locally grown products to food banks to address New York state's growing hunger problem. This year, the legislation passed the Assembly and Senate unanimously. Cuomo has let down the 2.7 million New Yorkers who rely on emergency food...

  • SAN FRANCISCO/ NEW YORK/ HONG KONG Nov 28- Canyon Bridge Capital Partners, a buyout fund that agreed to acquire U.S.-based chip maker Lattice Semiconductor Corp for $1.3 billion earlier this month, is funded partly by cash originating from China's central government and also has indirect links to its space program, Chinese corporate filings show.

  • Gesse isn't plugging style or promising to awe your neighbors like Musk and Tesla Motors. What Gesse and General Motors want consumers to see is a car that will cater to their everyday needs— commuting, shopping, transporting children and gear— all on one charge of the battery. The Bolt hits showrooms in California and Oregon in days and rolls out nationwide next...

  • SAN FRANCISCO/ NEW YORK/ HONG KONG Nov 28- Canyon Bridge Capital Partners, a buyout fund that agreed to acquire U.S.-based chip maker Lattice Semiconductor Corp for $1.3 billion earlier this month, is funded partly by cash originating from China's central government and also has indirect links to its space program, Chinese corporate filings show.