By Oregon Small Business Association, The latest national newspaper circulation numbers show that only newspaper out of 25 largest to increase readership was the Wall Street Journal. The Oregonian performed the best out of the other top 20 newspapers. Biggest circulation drops among top 20 newspapers ranked by drop size (1) Los Angeles Times —14.7% Chicago Sun-Times — 13.9 % Houston Chronicle —13.8 % USA Today -13.6% The Washington Post — 13.1% Daily News of New York —11.3% The Arizona Republic of Phoenix —9.9 % Chicago Tribune —9.8 % Newsday of Long Island, N.Y. — 9.1 % The New York Times -8.5% The Plain Dealer of Cleveland — 8.1% Star Tribune of Minneapolis — 7.7 % The Philadelphia Inquirer —5.9 % New York Post —5.9% St. Petersburg Times — 1.5 […]
By J.L. Wilson Associated Oregon Industries Oregon’s largest business advocate Associated Oregon Industries announced this week that it will formally support Initiative Petition 50, a constitutional measure which will change the way that legislative districts are drawn. Background After the 2010 Census, Oregon lawmakers will be tasked with re-drawing the boundaries for Oregon’s legislative districts. Redistricting may sound boring, but it will be the single, most pivotal event in Oregon politics for the next 10 years.
If you are thinking about hiring unpaid interns, think again by Stacey Mark Ater Wynne Oregon Attorneys at Law, With summer fast approaching, you may be considering hiring students or others as unpaid interns. While students and displaced workers may be grateful for the opportunity to gain experience and willing to work without pay, most employers should resist the temptation to take advantage of the “free” labor. If your business derives a benefit from the work an intern performs, he or she will most likely qualify as an employee and must be paid at least minimum wage.
By Oregon Tax News, On tax day before the Senate Commerce Committee, the Federal Communications Commission (FCC) proposed the National Broadband Plan that would expand the Universal Service Fund (USF) tax on landline and cell phones to include broadband internet. The FCC estimates the National Broadband Plan will cost $350 billion to develop, but that the plan will pay for itself. The goal is to tax all types of telecom service, including Internet service, and use this pool of money to subsidize the cost of broadband.
American Voters Want Consumer Protection Without Hurting Jobs and Main Street — Six State Polls Show Unease With Consumer Financial Protection Agency By U.S. Chamber of Commerce WASHINGTON, D.C.—The U.S. Chamber of Commerce today released six state polls showing that American voters overwhelmingly oppose the creation of a new Consumer Financial Protection Agency (CFPA). The polls, conducted in Arkansas, Nebraska, Ohio, Montana, Tennessee, and Massachusetts, show a significant majority of voters believe “we should demand that existing agencies do their jobs, improve enforcement, and better coordinate their efforts,” rather than create a new agency. The polls were conducted by Ayres, McHenry & Associates from April 11 to 15 and had margins of error of plus or minus 4.0% to 4.9%.
State Treasurer announces panel to help guide travel policy revision, immediate change in per diem rules By Oregon State Treasurer Office SALEM – Oregon State Treasurer Ted Wheeler announced today the members of an advisory panel that will help him craft new travel-related policies for the Oregon State Treasury, where travel is frequent and necessary to protect more than $68 billion in public assets and to discover new opportunities.
Goldman Sachs, Synthetic CDOs, and … Fraud? By Bill Conerly, Conerly Consulting, Businomics, The Goldman Sachs fraud charges certainly make the company look sleazy, but one key fact seems not to be discussed too much: the securities involved were synthetic CDOs, and I think that makes a big difference. The plan for this article is 1. Explain what a CDO is 2. Explain what is different about a synthetic CDO 3. Explain how that matters for the fraud allegation What is a CDO? CDO stands for collateralized debt obligation. The CDO is a separate legal entity, like a little corporation. It borrows money. That debt is backed by collateral. The collateral is purchased with the money that was borrowed. Although most any kind of asset can be purchased, the most […]
Governor Kulongoski reports that Federal Recovery Act continues to produce results in Oregon. $150 million in Recovery Act dollars funded approximately 5800 jobs in third quarter By Governor Ted Kulongoski, Salem – Governor Kulongoski announced today through Oregon’s third quarterly report on the American Recovery and Reinvestment Act (Recovery Act) that approximately 5800 jobs were funded through $150 million in federal investments during the last three months. In addition to the jobs funded, the $150 million also funded investments in equipment and materials. “This report demonstrates that the Recovery Act continues to help support jobs across the state for thousands of Oregonians during this difficult economic period,” Governor Ted Kulongoski. “From job creation and retention to direct assistance for families struggling to make ends meet, the Recovery Act continues to […]