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It is merger and acquisition Monday and Japanese Suntory Holdings is buying BEAM, makers of Jim Beam and Makers Mark Whiskeys, for $16 billion in cash and debt.  The $83.50 per share deal is a 25% premium to Friday’s closing price. (Market Watch)

China became the world’s largest trading nation in 2013, overtaking the US.  The world’s second largest economy saw $4 trillion in trade. Chinese exports were up 7.9% and imports were up 7.3%. (The Guardian)

While we did not get all that cold weather here in Oregon, the Midwest and east saw last week, it may touch your pocket book.  The cold winter weather may have damaged up to 15% of the winter wheat crop, cattle prices are the highest on record as the cold halts slaughtering and transportation and up to 15% of the citrus crop has been damaged.  All this may lead to higher prices. (Bloomberg)

This falls under the category – “why do my shoes cost so much?” – A Portland pimp has filed a $100 million lawsuit against Nike.  He says the company should have had a label warning him his Air Jordan’s could be used as a dangerous weapon.  This comes after he was sentenced to 100-years in prison for a brutal beating he gave with a pair of Nike shoes. (OregonLive)
 

Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

Traffic

 

 

  • 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.