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Lars Larson
Lars Larson
12:00pm - 3:00pm

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Business News

The S&P 500 closed just above the flat line yesterday, but it was enough to paste together a three day winning streak.  Today new Fed Chair Janet Yellen goes to Capitol Hill for her first public testimony. (Fox Business News)

The National Federation of Independent Business Small Business Optimism Index moved higher for a third straight month.  Outlook for increasing sales was up 15% and hiring was at its highest level since 2007 up 12%. (NFIB Report)

Oregon computer chip equipment maker Electro Scientific Industries continues to struggle posting flat sales and a loss of almost $5 million last quarter.  In addition the company downgraded its sales expectations for 2014 by 20%. (Business Wire)

Mercedes posted record US sales in January.  The luxury automaker sold 22,604 cars up 103 autos from last year. (Bloomberg)

Big union vote this week at a Volkswagen plant in Chattanooga, Tennessee as the UAW tries to organize their first plant south of the Mason-Dixon Line.  Auto producers have built 23 plants in the south since 1990 and none are organized. (Wall Street Journal)


Traffic & Weather




  • 27th Street Bear Creek Road and Forum Dr. down to a single lane 6a – 10p Signal light at 27th and Forum will be disabled and only right turns off 27th will be allowed.


  • Road closures along Roosevelt Ave >< Silver Lake Blvd -Chamberlain St. 7a-5p (9/6-11/20)


  • Lane closures and detours Mt. WA Dr at Shevlin Park Road North to Regency (7/11-11/30)
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