Top News & Analysis Oregon

  • WASHINGTON, Sept 26- The U.S. Senate's senior Democratic tax law writer says he will rip up a root of corporate tax avoidance if his party wins Senate control in November, targeting trillions of dollars in tax-deferred profits being held abroad by U.S. companies. In an interview with Reuters, Oregon Senator Ron Wyden said he wants to put an end to a Kennedy-era law...

  • Research published this year found that Dungeness crab eggs and larvae collected from Puget Sound and exposed to higher levels of carbon dioxide— which increases ocean acidity— grew more slowly and larvae were more likely to die than those in less corrosive seawater. "They're so economically and ecologically important here on the West Coast," said Paul...

  • NEW YORK, Sept 21- In the days after the redesigned SAT college entrance exam was given for the first time in March, some test-takers headed to the popular website reddit to share a frustration. The math itself wasn't the problem, said Vicki Wood, who develops courses for PowerScore, a South Carolina- based test preparation company. When it decided to redesign the SAT,...

  • Sept 20- U.S. Senate lawmakers excoriated Wells Fargo& Co's chief on Tuesday for his oversight of the bank as it opened 2 million bogus customer accounts, potentially laying the groundwork for new rules and reviving questions of whether banks are "too big to fail." Chief Executive Officer John Stumpf told the Senate Banking Committee on Tuesday that customers who...

  • Sept 20- Wells Fargo& Co's chief executive officer told a Senate panel on Tuesday that customers who had bogus accounts opened in their name will be made whole and compensated for any damage to their credit rating, but some Democratic senators called for his resignation. Under fire, CEO John Stumpf told the Senate Banking Committee he has told his managers to do "...

  • LONDON, Sept 20- Shares hit pause and the dollar lost ground against the yen on Tuesday, as investors awaited the outcomes of Federal Reserve and Bank of Japan meetings that will both conclude on Wednesday. Nagging doubts about the firepower left available to top central banks and a slip in oil prices made for another subdued start in Europe as the STOXX 600 dipped...

  • TOKYO, Sept 20- Asian shares edged lower on Tuesday as investors nervously awaited the outcomes of Federal Reserve and Bank of Japan policy meetings that will both conclude on Wednesday. "The market is more nervous about the BOJ than the Fed as it may give the market a surprise," said Yutaka Miura, a senior technical analyst at Mizuho Securities.

  • *Choppy session on Wall Street offers few directional cues. TOKYO, Sept 20- Asian shares edged lower on Tuesday as investors nervously waited on the outcomes of the Federal Reserve and Bank of Japan policy meetings that begin later in the session. MSCI's broadest index of Asia-Pacific shares outside Japan was slightly lower in early trading, after major U.S....

  • KANEOHE BAY, Hawaii— In the waters off the coast of Hawaii, a tall buoy bobs and sways in the water, using the rise and fall of the waves to generate electricity. To that end, the Navy has established a test site in Hawaii, with hopes the technology can someday be used to produce clean, renewable power for offshore fueling stations for the fleet and provide electricity to...

  • WASHINGTON, Sept 16- Five Democratic U.S. The Consumer Financial Protection Bureau and other regulators announced last week that they had reached a $185 million settlement with the bank over the scam. The five- Massachusetts' Elizabeth Warren, Ohio's Sherrod Brown, Rhode Island's Jack Reed, New Jersey's Robert Menendez, and Oregon's Jeff Merkley- said Wells...

  • The state's Liquor and Cannabis Board said Thursday it's paying the Washington Department of Agriculture more than $1 million to buy new equipment and hire two full-time workers to conduct the tests. Washington has required testing for mold and other impurities since it began allowing recreational pot sales in 2014. But like Colorado and Oregon, the other...

  • PORTLAND, Ore.— Oregon settled with a California software giant in a lawsuit that accused Oracle America Inc. of collecting tens of millions of dollars to create a state health care exchange website that didn't work. The state initially asked for more than $6 billion in punitive damages when it filed the lawsuit in 2014 against the Redwood Shores, California...

  • ATLANTA, Sept 13- Holding signs and banners and chanting "Oil Kills," protesters in Atlanta and other U.S. cities on Tuesday shouted support for Native American activists trying to stop construction of a North Dakota pipeline they say will desecrate sacred land and pollute water. "We were all moved by the spirit to be here," said Linda James Thomas, 59, who attended the...

  • ATLANTA, Sept 13- Holding signs and banners and chanting "Oil Kills," protesters in Atlanta on Tuesday shouted support for Native American activists trying to stop construction of a North Dakota pipeline they say will desecrate sacred land and pollute water. "We were all moved by the spirit to be here," said Linda James Thomas, 59, who attended in support of the...

  • NEW YORK, Sept 12- Payments app Venmo will roll out its first major promotional campaign on Monday, intensifying its battle over young customers' wallets with big banks. Its 15- and 30- second video ads will begin appearing nationally Monday evening on cable networks including MTV and Comedy Central, and on internet-based services Hulu and YouTube.

  • NEW YORK, Sept 12- Payments app Venmo will roll out its first major promotional campaign on Monday, intensifying its battle over young customers' wallets with big banks. Its 15- and 30- second video ads will begin appearing nationally Monday evening on cable networks including MTV and Comedy Central, and on internet-based services Hulu and YouTube.

  • WASHINGTON, Sept 8- About 10,000 retired coal miners and their families descended on the U.S. Congress on Thursday to pressure lawmakers to pass stalled legislation that would prevent 22,000 of them from losing their pension and health benefits as soon as early 2017.. "These miners put in decades of back-breaking work in America's coal mines to energize our...

  • CANNON BALL, N.D./ WASHINGTON, Sept 7- A Native American tribe's efforts to halt construction of a crude oil pipeline in North Dakota have swelled into a movement, drawing international attention and the support of movie stars and social media, and making a major oil company blink. The 1,100 mile, $3.7 billion Dakota Access pipeline would carry oil from just north of...

  • ATLANTA, Ga., Sept 7- In 2013, the U.S. Centers for Disease Control and Prevention released estimates of how many people in the country die every year from antibiotic resistant infections: 23,000. The agency estimates that an additional 15,000 die annually from Clostridium difficile, an infection linked to long-term antibiotic use. The estimates, the agency...

  • NEW YORK, Aug 30- U.S. consumer confidence rose to an 11- month high in August, with households more upbeat about the labor market, in a further sign that the economy was regaining steam after faltering in the first half of the year. "This will likely be interpreted as more evidence that the U.S. economic recovery is back on track following the missteps earlier this...