ON AIR NOW

America's Morning News

4:00am - 5:00am

Contact
Business News


We took a big bounce up yesterday, more than making back the losses of the day before.  The S&P 500 stands at a record closing high of 1873.91 as we start trading today. (CNBC)

The ADP jobs report says the private sector added 139,000 new positions during February. The number was a little lighter than expected. (Market Wire)

Oregon software designer Mentor Graphics saw sales climb 16% in the fourth quarter and 6.2% for the entire 2013.  Profits jumped almost 5% for the quarter and 10% for the year.  The increasing complexity of computer chips is pushing the demand for its design software. (Business Wire)

Oregon’s 28 banks saw cumulative profits of $204 million in 2013.  Oregon banks hold almost $16 billion in assets and employ about 4550 persons. (Federal Deposit Insurance Corp)

Global computer chip sale totaled a record $26.3 billion in January an almost 9% annual increase.  The numbers clearly shows the shift from PC’s to mobile devices.  Oregon’s largest employer Intel is stuck in that rut as they are projecting a third year of flat sales even as chip production increases at other companies. (Oregon Live)

Today that wonderful breakfast sensation and college breakfast treat, the Pop-Tart turns 50 years old.  The Pop-Tart comes in 29 delicious flavors. (The Daily Meal)

Traffic

 

 

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

 

  • I-84,Troutdale MP 17 - 62, in the Coumbia Gorge remains closed. The highway is closed EB at Exit 17 in Troutdale. Trucks use US-26 to OR-35 as an alternate route.

 

  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.

 

  • 27th and Bear Creek Rd intersection varying traffic control changes

 

  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)