July 31, 2012 - OSU security breach could effect 21,000 students

By Oregon State University Oregon State University is notifying approximately 21,000 current and former students and employees that some of their personal information was copied without permission by a contracted vendor who was upgrading software in the cashier’s office.  OSU officials say they don’t believe the information, which includes some Social Security numbers, was taken with malicious intent, but say the university is notifying students and employees, who may wish to monitor their credit reports.

July 30, 2012 - Paul Allen’s $13 Million island still for sale

Paul Allen’s $13 Million island still for sale By Oregon Small Business Association Millionaires buy beach homes; billionaires buy islands. But in recessions, billionaires end up selling those islands. Paul Allen, Microsoft co-founder, is selling 292-acre Allan Island, just off the coast from Anacortes, Wash., for only $13.5 million. The island has been on the market for two years, and there is no sign of a buyer yet. The price has already come down: when Allen listed the property in 2005, he wanted $25m for it.

July 29, 2012 - Facebook has become the new way to find new hires

Jennifer Scott, Workforce Engine U.S. Chamber of Commerce Networking has long been described as the number one way to get ahead; to increase sales, to find investors, and yes, even to find a job or new employees. We’ve all overheard people ask “How did you get that lead?” or “How did you hear about that opportunity?” And we’ve all heard people answer, “Oh, I knew someone…” Networking—it’s all about who you know. Or is it? I have connections on LinkedIn I’ve never met, followers on Twitter I had not previously heard of, and“friends” on Facebook that I’m not friends with. Crazy?

July 28, 2012 - Credit Cards now seen as drag for Small Biz

This CNN Video showcases the problem of credit cards costs hurting small businesses. The public seems unaware that 4% of transactions go to cover credit card use. The coffee shop owners in the video explain how much this hurts.

July 27, 2012 - Groundwork for Oregon education reform

Setting the stage for Oregon’s landmark education reforms By Oregon Prosperity Project, It’s easy to get lost in the political jargon of education reform or be dismissive of seemingly ubiquitous “reform” efforts that never seem to affect much. But we think something important is happening here in Oregon. This week we’re going to talk about some of Oregon’s key educational challenges, particularly in higher education…

July 26, 2012 - Is the Middle Class in Decline?

By Oregon Economics CLU Center for Economic Research A common refrain about economic policy and performance in the United States over the past thirty years is that inequality is rising and the middle class is disappearing. The implication of the latter claim is that people are falling out of the middle class into the lower income class. Of course, if you define “middle class” to be the middle part of the income distribution, centered at the median, then there always will be a middle class. So, in order to be meaningful, “decline of the middle class” is usually taken to mean flat or falling income for the median household. Combining this with strongly rising income for the top 10% or 1% of the income distribution leads to the conclusion that […]

July 25, 2012 - Microsoft announces rare layoffs

By Oregon Small Business Association Microsoft is laying off employees in its marketing division. About 25,000 of the company’s 90,000 full-time employees work in sales and marketing, and CEO Steve Ballmer apparently doesn’t think that the software giant’s sales justify the nearly $14 billion it spent on sales and marketing in fiscal 2011. Indeed, over the last nine months, the Online Services division of Microsoft (the division in which sales and marketing takes place) lost $1.45 billion and earned $2.1 billion. However, details of just how many jobs were cut remain sketchy. Some workers were moved from the more technical side of marketing back into engineering, and overlapping positions were eliminated. The latest reports indicate that around 200 people were let go.

July 24, 2012 - AOI petitions Oregon Supreme Ct. over LLCs

AOI Will Petition Oregon Supreme Court to Defend LLC Owners & Members by J.L. Wilson Associated Oregon industries As AOI informed its members in March, a recent decision by the Oregon Court of Appeals will have huge liability ramifications for owners and members of limited liability companies (LLC’s) in Oregon. In this case – Antonio Cortez v. Nacco Materials Handling Group, Inc. – the Appeals Court ruled that the exclusive remedy provision of Oregon’s workers’ compensation law, ORS 656.018, does not protect the members of an LLC from tort liability.

July 23, 2012 - 300 person flash mob strikes Walmart

It is estimated that 300 teenagers stormed a Florida Walmart. The video shows teens tossing merchandise around and causing a havoc. It is suspected that the teens came from a party that was broken up. See video below.

July 22, 2012 - Death Tax increase submiited, then pulled from Senate bill

By U.S. Chamber of Commerce UPDATE: Politico reports that Sen. Reid removed the death tax portion from his bill: “Senate Democratic leaders are eliminating a provision to tax wealthy estates in order to shore up support within their ranks for President Barack Obama’s election-year tax plan, senators and aides said Thursday.Since there was no consensus in the Senate Democratic Caucus over the levels to tax estates transferred after a person’s death, Senate Majority Leader Harry Reid told senators Thursday he’d drop that provision.