Umpqua, Sterling post winning 4Q 2012 results

Umpqua Holdings, the parent of Umpqua Bank, and Sterling Financial Corp., the parent of Sterling Bank both reported profitable fourth quarters.

No surprise here as crude heads back toward the $100 per barrel mark. The Baker Hughes Rig Count shows an uptick of four rigs to 1,753 rigs in the past week. Still the count is down 255 from a year ago.

There was a time when the battery’s worst fears from batteries were acid-related. Not any more. The era of lithium-ion batteries has expanded possibilities and hazards. Here’s a report on lithium-ion battery related woes for Boeing’s 787 Dreamliner.

A Stanford professor discusses IPOs and innovation in a Q&A with Jon Xavier of the Silicon Valley Business Journal.

The Super Bowls is not only an unofficial holiday, it’s also an economic engine for retailers.

Oregon’s newest quick-charge stations for electric vehicles are up and running, completing the Oregon portion of the West Coast Electric Highway.
The new locations at a Southeast Portland Burgerville, Woodburn Elmer’s restaurant, Clackamas Town Center, Wilsonville Town Center, and Shari’s Restaurant in Keizer.
The West Coast Electric Highway is a tri-state initiative to advance EV adoption along the I-5 corridor from British Columbia to Baja, Calif., through an extensive network of quick-charge stations. When complete, it will span 1,300 miles with public quick-charge stations every 25 to 60 miles.

Here’s the latest on Oregon State University’s wave energy project.

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    Greg Stiles

    Covering the Southern Oregon business and economy since 2001. Read Full
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