Business News

Jobs Come in Focus

Doug Fisher, vice president of Intel's software group and a senior Oregon executive is retiring. Fisher, 57, is an Oregon State University graduate and has worked for Intel for 23 years. (Oregonian)

Delta Dental of California is investing $155 million for a 50 percent ownership stake in Portland-based health insurer Moda. Moda lost $10.1 million in the first half of the year.
Moda's lines of business include health and dental insurance, as well as a specialty pharmacy. (PBJ)

Mortgage Bankers Association says applications to purchase a home increased 1 percent for the week and were 2 percent higher than a year ago.

The Institute for Supply Management said its manufacturing index jumped to a 14-year high of 61.3%.

The Paychex Small Business Employment Watch for August shows a continued decrease in the rates of small business jobs and wage growth, it also reveals that weekly hours worked are on the rise. The top regions for employment growth and wage growth, respectively, are the South and West.

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

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