A near two-week idling of its only auto factory in Japan sent shares of Subaru lower in Tokyo today. The just-reported shutdown began Jan. 16 and came after discovering a suspected defect in a power-steering component. The Japanese plant makes up about 60% of Subaru's global production. (SA)
Oscar season is coming Netflix has scored 15 Oscar nominations, including a coveted best picture nod for its film Roma, signaling that the streaming service is disrupting the silver screen the way it has television. (FT)
A year that brought new levels of regulatory scrutiny spurred Google, Facebook, and Amazon.com to new heights of lobbying spending -- $21M, $13M and $14.2M respectively. That spending ramped up during the year's last quarter, a period that saw tech firms' representatives hauled before Congress to answer concerns about user privacy amid news making scandals about data usage.
Intel is preparing for a massive buildup in Oregon potentially spending billions to build and equip a factory for its next generation of computer chips. Intel hopes to begin construction by the end of June, adding an enormous, third section to the cutting-edge Hillsboro research factory known as D1X. The facility is already home to Intel’s most advanced research and it’s where the company crafts each new generation of chip technology. Its expansion would represent a deeper commitment to Oregon as well as a billion-dollar stimulus for the state. (Oregonlive)
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Josh Fenili.