Top News & Analysis Oregon

  • NEW YORK, Dec 29- U.S. Analysts said the strong bid for seven-year paper, which followed a strong five-year note auction on Wednesday, was largely the result of an overzealous selloff that has gripped bond markets since the election of Donald Trump as U.S. president, boosting yields for newly issued Treasuries. "The auctions were so well bid because the yield is so...

  • SAN FRANCISCO, Dec 29- A lawyer with deep experience fighting climate change will lead California's Department of Justice until the next attorney general takes office, as the state and several others vow to combat global warming despite skepticism from President-elect Donald Trump. Current California Attorney General Kamala Harris was elected to the U.S....

  • WASHINGTON, Dec 28- Democrats on the U.S. Senate's environment panel on Wednesday asked President-elect Donald Trump's choice to head the Environmental Protection Agency to disclose his ties to the energy industry ahead of his confirmation hearing early next year. The six senators sent a letter to Scott Pruitt, who as Oklahoma Attorney General led several...

  • WASHINGTON, Dec 28- Democrats on the U.S. Senate's environment panel on Wednesday asked President-elect Donald Trump's choice to head the Environmental Protection Agency to disclose his ties to the energy industry ahead of his confirmation hearing early next year. The six senators sent a letter to Scott Pruitt, who as Oklahoma Attorney General led several...

  • TOKYO, Dec 22- Asian shares struggled on Thursday after a lackluster performance on Wall Street, with investors looking to U.S. economic data later in the day for potential catalysts even as markets started winding down ahead of the holidays. MSCI's broadest index of Asia-Pacific shares outside Japan erased early modest gains and slipped 0.3 percent, while...

  • TOKYO, Dec 22- Asian shares struggled on Thursday, taking their cues from a lacklustre day on Wall Street as investors locked in gains in thin trade ahead of the upcoming holidays. MSCI's broadest index of Asia-Pacific shares outside Japan was slightly higher in early trade, while Japan's Nikkei stock index slumped 0.6 percent. U.S. stocks, which have been on a tear...

  • The basis of the argument for change is that people are making much more digital data available about themselves to businesses, and that data can contain clues that would lead to authorities disrupting attacks in the United States or on U.S. interests abroad. "A lot of it is unrecognizable from a Fourth Amendment perspective," said Orin Kerr, a former federal...

  • NEW YORK, Dec 21- U.S. prosecutors on Wednesday accused a former portfolio manager at New York state's retirement fund, the third largest in the United States, of steering $2 billion in trades to two brokerage firms in exchange for gifts such as cash, drugs and prostitutes. Manhattan federal prosecutors announced charges centered on the New York State Common...

  • NEW YORK, Dec 21- U.S. prosecutors on Wednesday accused a former portfolio manager at New York state's retirement fund, the third largest in the United States, of steering $2 billion in trades to at least two brokerage firms in exchange for gifts such as cash, drugs and prostitutes. In the latest case, Navnoor Kang, the former director of fixed income at the New York...

  • Dec 20- Legalizing recreational marijuana in California is creating a gold rush for a decidedly less intoxicating sector: warehouses in which to grow the plants. Shares of industrial warehouse companies such as Prologis Inc, Rexford Industrial Realty Inc and Terreno Realty Corp that have significant exposure to the California market should benefit even if...

  • WASHINGTON, Dec 14- The U.S. government should keep banks from cutting off the accounts of vendors who work with state-sanctioned marijuana businesses, 10 U.S. senators said in a letter to the Treasury on Wednesday. That nervousness has spread to landlords, security guards, chemists, lawyers and other vendors working with marijuana businesses, according to the...

  • Geese walk along the snow covered waterfront park through heavy snowfall as the first winter storm of the season hits the area in Portland, Ore., Thursday, Dec. 8, 2016.

    Snowpiles grew across the US as an Arctic chill and winter storm brought plunging temperatures and dangerous winter conditions, NBC reports.

  • 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...

  • 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...

  • 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...