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Billionaire investor Wilbur Ross, with Oregon connections by being the led investor in the cash infusion that saved Bank of the Cascades during the dark days of the financial crisis, is headed toward confirmation as Commerce secretary. The Senate is set to vote on his nomination tonight. (AP)

This guy ought to know. Warren Buffett told CNBC stock prices are "on the cheap side" with interest rates at current levels. He has put $20 billion into stocks since just before the presidential election. Buffett lead Berkshire Hathaway released its year-end results this weekend, telling investors that gains would continue to be "substantial" in the coming years and the U.S. economy would continue its "miraculous" boom. Berkshire's earnings were up nearly 15% in 2016 from the prior year. (CNBC)

Big data, the internet and globalization are helping to keep prices low. Wal-Mart is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with rivals like Kroger. (Reuters)

Sears opened a full-service auto care facility called DieHard Auto Center last week. Sears' auto service stop provides oil changes, tire replacement and vehicle repairs.  (Automotive News)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.