Business

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Seeking flair, Yahoo agrees to buy blogging site Tumblr in $1.1B deal

May 20, 2013 4:00 am

The board of Yahoo, the faded Web pioneer, agreed Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, people with direct knowledge of the matter said, a signal of how the company plans to reposition itself as the....MORE

AP Money & Markets

Deeds

May 19, 2013 4:00 am

Deschutes County• Susan Backstrom to Burke W. and Kimberly L. Muggoch, West Hills, Lot 5, Block 7, $421,000• Daniel A. and Rebecca S. Christ to Dennis K. and Carrie R. Detberner, Mt. Vista First Addition, Lots 3 and 4, Block 1, $300,....MORE

The long shadow of bad credit in a job hunt

May 19, 2013 4:00 am

The long shadow of bad credit in a job hunt, Illustration by Peter and Maria Hoey / New York Times News Service

The first couple of times Alfred Carpenter was turned down for a job, he didn’t know what to think. He been laid off early in the recession and then had the bad fortune of tearing tendons in his knee just when he didn’t have health....MORE

The trek to a yogurt less sweet

May 19, 2013 4:00 am

The trek to a yogurt less sweet, Thierry Saint-Denis, the director of research and development at Dannon, managed to reduce sugar by 25 percent in Danimals Smoothies.

WHITE PLAINS, N. Y. — Dannon yogurt had a secret it didn’t want you to know. Until recently. Its Danimals Smoothies, a line of yogurt drinks in Technicolor packaging for the pint-sized set, have gotten a little bit healthier. Since....MORE

The least taxing state: Delaware

• Oregon has second-lowest business tax, Alaska highest, says economic group report

May 19, 2013 4:00 am

Overall business taxes are lowest in Delaware and highest in Alaska, according to a study from economic consulting firm Anderson Economic Group. But how much company pays depends on the kind of business it is. Businesses in Delaware paid 5.1 percent....MORE

Oregon News

Growler filling stations spread across the state

May 19, 2013 4:00 am

Growler filling stations spread across the state, Ali Feiesen fills a growler on opening day at Fifth Street Growlers in Corvallis. The new business is the first dedicated growler fill station in Corvallis.

CORVALLIS — When Fifth Street Growlers started pouring for the first time this month, the line of people at the bar to fill reusable jugs with their favorite brew was 15 deep. And some local beer lovers couldn’t even wait till the new....MORE

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Hardest Hit programs hit and miss

• Successes, troubles highlight mixed results in Oregon

May 19, 2013 4:00 am

Illustration by Minh Uong / New York Times News Service

Three years ago, Dan Patton figured losing his home to foreclosure was a matter of when, not if. The La Pine resident closed his plastering business in 2009 after the housing market went bust. With a family to feed and an increasingly delinquent....MORE

People on the Move

May 18, 2013 4:00 am

McNamara

Kathleen Bailey has joined Washington Federal in Bend as a small business banker. Bailey was previously a branch manager at South Valley Bank and Trust and a small business specialist with Wells Fargo Bank. She has 14 years of experience in the....MORE

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What s going up?

May 18, 2013 4:00 am

What s going up?, Rob Kerr / The Bulletin

General Contractor: Ray Hayes Construction Co., BendDetails: Crews are wrapping up construction on a nine-unit hangar building at Bend Municipal Airport. Ray Hayes Construction Co. has been working on the hangar since December, contracted by Bend....MORE

Commuter train crash injures at least 60

May 18, 2013 4:00 am

Two Metro-North Railroad trains collided after a derailment near Fairfield, Conn., at the height of the evening rush Friday, injuring 60 people, five of them critically, and snarling transit corridors in the Northeast, authorities said. An eastbound....MORE

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Greenwood Playhouse to be sold?

May 18, 2013 4:00 am

The board of the Cascades Theatrical Company has arranged a tentative deal to sell the Greenwood Playhouse, which has housed the company since the 1980s. Several board members believe selling the building, located on Northwest Greenwood Avenue, is....MORE

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Deschutes plans cost cutting in 2014

May 18, 2013 4:00 am

Deschutes County is expected to pay $4.5 million more into the Public Employees Retirement System and $1.5 million more in employee health care costs in fiscal year 2014, according to the proposed budget released last week by County Administrator....MORE

Facebook fights to regain IPO heat

May 18, 2013 4:00 am

SAN FRANCISCO — At the one-year anniversary of its initial public offering, Facebook Inc. investors find themselves struggling with the question of whether the glass is half-empty or half-full. Facebook’s debut was one of the hottest and....MORE

Consumer sentiment up to post-recession peak

May 18, 2013 4:00 am

WASHINGTON — Consumer sentiment perked up in May to its highest level in more than six years, according to a survey released Friday, helped by falling gasoline prices, a rising stock market and firmer housing prices. The preliminary May reading ....MORE

Today’s retirees face declining standard of living, study says

May 18, 2013 4:00 am

The retirement crisis is deepening, with recent generations of Americans less financially prepared for their golden years than their parents or grandparents, according to a new study. The study by the Pew Charitable Trusts suggests that people who....MORE

Spanish banker goes to prison

May 18, 2013 4:00 am

MADRID — Miguel Blesa, the former executive chairman of Caja Madrid, which is now part of Bankia, has become the first prominent Spanish banker to enter prison since the start of the financial crisis. He is accused of leaving his bank saddled....MORE

J.C. Penney board re-elected

May 18, 2013 4:00 am

NEW YORK — Ron Johnson’s job at J. C. Penney Co. ended after his attempt to overhaul the retailer wiped out a quarter of its sales and about half of its market value. The board members who hired him are staying. Investors voted to re-elect ....MORE

Yahoo casting an eye on Tumblr?

May 18, 2013 4:00 am

SAN FRANCISCO — Will Yahoo buy Tumblr?That’s the $1 billion question, courtesy of a report from tech blog All Things D. The struggling Internet giant is reportedly in serious talks to buy the blogging service in a deal that could be worth ....MORE

Farming with equipment that runs on oats

May 18, 2013 4:00 am

Stephen Leslie and two of his Norwegian Fjords take a break from working a field. Leslie is one of some 400,000 farmers in North America who use draft horses in some capacity, estimates Lynn Miller, the editor of the Small Farmers Journal, in Sisters.

HARTLAND, Vt. — It was a perfect day for plowing, a little overcast with a cool breeze. You could hear the sound of the birds, the chink-chink-chink of the harness. Stephen Leslie, an artist and former Benedictine monk, guided two Norwegian....MORE

Food scene news

May 17, 2013 4:00 am

Nearly a year after its anticipated opening, El Rey Azteca (“The Aztec King") began greeting diners in early April. Owned by Carlos and Martha Reyes and their son, Jesus, who also have the tiny Tortilleria Reyes on Souteast Division Street,....MORE

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Ex-loan officer pleads guilty to bank fraud

May 17, 2013 4:00 am

A former Bend loan officer who faked loan applications for Desert Sun Development pleaded guilty Thursday to conspiracy to commit wire and bank fraud and conspiracy to make false statements to a financial institution. Jeffrey Sprague, 50, was a loan....MORE

Data trove now guides drug company pitches

May 17, 2013 4:00 am

In the old days, sales representatives from drug companies would chat up local pharmacists to learn what drugs doctors were prescribing. Now such shoulder-rubbing is becoming a quaint memory — thanks to vast databases of patient and doctor....MORE

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Brighter state forecast relieves some pressure

• Republicans are still holding fast against hospital tax in hopes of bigger PERS reform

May 17, 2013 4:00 am

SALEM — The political rhetoric kicked up a notch Thursday after a deadline from the governor passed with no sign of compromise. Gov. John Kitzhaber gave lawmakers a 5 p. m. Thursday deadline to break through a partisan impasse on taxes and cuts....MORE

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Redmond debates utility billing policy

May 17, 2013 4:00 am

With nearly $500,000 in default accounts on the books, the city of Redmond is considering changing its utility billing policies for what would be the second time in five years.“The current policy really affects our staff workload," said....MORE

Deschutes county
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More than 30 cattle and horses seized

May 17, 2013 4:00 am

Close to 30 horses and cattle were seized from a Redmond-area property Thursday afternoon in an investigation into animal neglect by the Deschutes County Sheriff's Office. Capt. Shane Nelson said several of the animals were emaciated when deputies....MORE

Good Question
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Finding the right retirement savings fit

May 17, 2013 4:00 am

Editor’s Note: Good Question is a recurring feature in which a local expert in a particular field answers a question related to families. Have a question? Send it to family@bendbulletin. com. Q: I own a small business and want to create a....MORE

Companies use ‘war games’ to prepare for cyberattacks

May 17, 2013 4:00 am

Clusters of corporate techies hunched over their laptops one recent evening in Mountain View, Calif., feverishly trying to figure out how RK Industries hacked into and stole critical information from its rival, EntraDyn. It’s a common....MORE

Housing starts lowest in 5 months

May 17, 2013 4:00 am

WASHINGTON — Starts of new U. S. homes fell more than forecast in April to a five-month low, indicating a pause in the industry’s progress as builders slowed work on apartments. Building permits surged to an almost five-year high.....MORE

Cutting edge

Cardiac challenges? Docs press ‘print’

May 17, 2013 4:00 am

It may sound like something out of science fiction, but doctors at Children’s National Medical Center in Washington are making hearts. Not actual hearts, but three-dimensional synthetic models churned out by what looks like an ordinary printer.....MORE

Facebook, Twitter announce apps for Google Glass

May 17, 2013 4:00 am

SAN FRANCISCO — Google says it’s still figuring out the best ways to use Glass, but the company announced Thursday that Facebook, Twitter and several other media firms have built their own applications for the futuristic-looking wearable ....MORE

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Naked Winery coming to Old Mill

May 17, 2013 4:00 am

Naked Winery, a Hood River-based vintner with the marketing slogan “We aim to Tease," plans to open a tasting room in the Old Mill District. The winery plans a temporary opening for Memorial Day weekend at the tasting room, 330 S. W. Powerhouse....MORE

Dispatches

May 17, 2013 4:00 am

• GoBend Realty has joined the national franchise network of Better Homes and Gardens Real Estate and will now do business under the name Better Homes and Gardens Real Estate Northwest Living. To learn more, visit www. betternwliving. com.....MORE

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Redmond train depot to lose a tenant

May 16, 2013 4:00 am

The city of Redmond will be losing another tenant at its historic train depot when Red Dog Depot moves out in the coming weeks. The restaurant and bar — owned by Cascade Lakes Brewing Co. — has leased the 1912 stone building from the city ....MORE

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Bend council OKs sewer fixes

• Bigger pump station would accommodate future development

May 16, 2013 4:00 am

The city of Bend is moving ahead with short-term projects to fix bottlenecks in the sewer system, but will also look at options to expand one of the projects into a long-term solution. City Manager Eric King said a larger sewer pump station at....MORE

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OSU space estimate: 41 to 65 acres

May 16, 2013 4:00 am

An expanded Oregon State University-Cascades Campus would need between 41 and 65 acres by 2025, depending on whether officials choose to build an urban campus integrated into the city or one more self-contained, consultants said Wednesday.....MORE

IRS chief is ousted

May 16, 2013 4:00 am

Hurrying to check a growing controversy, President Barack Obama ousted the acting commissioner of the Internal Revenue Service late Wednesday amid an outcry over revelations that the agency had improperly targeted tea party groups for scrutiny when....MORE

In focus: Associated Press phone records

Criticized, White House pushes media shield law

May 16, 2013 4:00 am

WASHINGTON — Under fire over the Justice Department’s use of a broad subpoena to obtain calling records of Associated Press reporters in connection with a leak investigation, the Obama administration sought on Wednesday to revive....MORE

Homebuilders more confident

May 16, 2013 4:00 am

After declining for three months, a gauge of confidence among residential builders rose in May, thanks to rosier views on sales, according to a report released Wednesday. The National Association of Home Builders/Wells Fargo housing-market index....MORE

Geothermal drilling proposed

May 16, 2013 4:00 am

A Nevada geothermal power plant developer wants to drill 16 exploratory wells on public and private land about 70 miles southeast of Bend, and the Bureau of Land Management is taking public comments about the proposal until Saturday. Ormat Nevada, a....MORE

Google wants to read minds

May 16, 2013 4:00 am

Google keeps trying to read our minds. The company revealed some new search tools Wednesday at I/O, its annual developers conference in San Francisco. Taken together, they are another step toward Google’s trying to become the omnipotent, human-....MORE

Eurozone politics prevent big action

May 16, 2013 4:00 am

PARIS — The eurozone economy shrank for a record sixth consecutive quarter in the first three months of the year, according to data released Wednesday. But when European heads of state meet next week in Brussels, don’t look for any big....MORE

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