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Vice Presidential Debate Tuesday October 4th
Business News


It is tax day!  If you don’t have your taxes done get to work.  In the State of Oregon you still have 6 days until Tax Freedom Day, the day you have worked enough to pay all your taxes, three days later than last year.  Oregon is the 16th highest tax state in the nation and the 17th biggest spender.  (Oregon Catalyst)

Coca-Cola saw profits fall almost 8% last quarter and revenue was down 4%. The numbers met street expectations as Coke is struggling with declining soda sales and heavy soda taxes in Latin America. (Reuters)

Consumer goods and drug maker Johnson & Johnson saw profits climb 8% in Q1 as sales climbed 4% on better drug sales. The company raised its outlook for 2014 as they see an improving economy. (Market Watch)

In good economic news March retail sales recorded their largest gains in 18 months climbing 1.1%.  Nearly all sectors of the economy saw growth. US consumer inflation for March was tame at 0.2% and has us running at a 1.5% rate of price growth. (Reuters)

US employers posted more job openings in February as the labor market continues to improve. Employers posted 4.2 million jobs up 7.7% from the previous month.  (Associated Press)
 

 

Traffic & Weather

 

 

 

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

 

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

 

  • Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July – November.
 
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