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  • Signal light at Butler Market Road and Brinson Blvd. will be shutdown weekdays from 11am-2pm.  Flaggers will control traffic during that time.
Business
  • Time to plan a trip abroad?

    US Stocks saw their best gain in 2 weeks yesterday and turned positive in 2015 after the European Central Bank announced their long-awaited plan to initiate a bond buying program, in what has become affectionately known as Quantitative Easing, in an attempt to revive the slumping Eurozone economy.  The ECB announced they will start buying $60 billion euros worth of bonds from different Eurozone countries starting in March.  That news sent the Euro to a new low of $1.12 versus the dollar.

    Shares of Starbucks traded sharply higher after the company reported earnings that were in-line with Wall St estimates.  Sales rose 13% over the same period last year and the company increased their forecast for 2015 earnings.  That news sent the stock 4.5% higher @ $86.50/share.

    McDonald's is seeing their stock traded lower after the company reported earnings that were 21% lower over the same period last year, which ends a dismal year for McDonalds.  The company also announced they expect a slow January and plan to slow spending to improve their balance sheet.  McDonald's has been working to rejuvenate its business in recent months after posting some of the worst monthly sales figures in more than a decade.

    Shares of GE are higher after the company posted higher than expected 4th quarter earnings.  GE has done the best job of any major industrial company managing lower oil prices and a slump in Europe and still growing earnings.

    And speaking of Oil.  Crude inventories in the US are higher than they have been in over 80 years.  US supplies currently stand at 390mm barrels which is a big reason the price of crude oil is down 58% from its peak last summer.
     

Sports

25-Jan Sun

26-Jan Mon Blazers at Brooklyn       4:30 PM

  • Oregon State 59 - USC 55

    Corvallis, OR (SportsNetwork.com) - Gary Payton II led the way with
    21 points and 10 rebounds, as the Oregon State Beavers downed the
    USC Trojans, 59-55, in a Pac-12 showdown at Gill Coliseum.

    For the Beavers (14-5, 5-2 Pac-12), Jarmal Reid added 14 points,
    Olaf Schaftenaar tallied 11 points and Malcolm Duvivier posted nine
    points, five rebounds and five assists.

    Katin Reinhardt led the Trojans (9-10, 1-6) with 17 points, while
    Nikola Jovanovic scored 13 points and Jordan McLaughlin finished
    with seven assists.
     

  • Oregon 82 - UCLA 64

    Eugene, OR (SportsNetwork.com) - Joseph Young led five Ducks in
    double-figures with 16 points as Oregon dispatched the UCLA Bruins,
    82-64, in Pac-12 Conference action at Matthew Knight Arena.

    Dwayne Benjamin came off the bench to net 15 points in 19 minutes
    for the Ducks (14-6, 4-3 Pac-12), who have now won two in a row.
    Elgin Cook added 11 points, while Ahmaad Rorie and Jalil
    Abdul-Bassit scored 10 points apiece.

    Norman Powell led UCLA (11-9, 3-4) with 23 points on 7-of-14
    shooting from the floor. Bryce Alford and Kevon Looney contributed
    15 points apiece, with the latter also accounting for a game-high
    eight boards.

    Oregon knocked down 75 percent of its field goal tries, including a
    6-of-7 clip from beyond the arc in the opening 20 minutes of the
    contest. The Bruins went into the intermission trailing, 46-31,
    after they were limited to 42.9 percent efficiency from the floor
    in the first half.

    UCLA failed to mount a comeback after the break as it was held to
    39.4 percent shooting from the field. The Ducks hit on 51.7 percent
    of their field goal attempts in the second period to extend their lead.

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