07-04-2022  8:06 am   •   PDX and SEA Weather
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NORTHWEST NEWS

Eugene Woman Attacked With Acid for Third Time Since March

A Eugene, Oregon, woman who had acid thrown on her while walking her dog in March has been the target of two additional acid attacks at her home

Minimum Wage Increase Initiative Qualifies in WA City

An initiative to increase the minimum hourly wage in Tukwila, Washington, by more than has qualified for the November ballot.

Sydney McLaughlin Does It Again, Breaks Own World Record

When asked how she was going to celebrated afterward, McLaughlin joked: “Eating some real food besides vegetables. Like a cheeseburger or something, some pancakes.”

Inslee Seeks Abortion Rights Amendment to State Constitution

Gov. Jay Inslee will push for a state constitutional amendment to protect abortion rights within the state, and laws that make it difficult for other states to investigate whether their own residents have visited Washington for abortion care.

NEWS BRIEFS

On View This Weekend: Afro-American Heritage Bicentennial Commemorative Quilt

A History Spotlight from Boyle Family Executive Director Kerry Tymchuk ...

State Continues Paying Out Oregon Emergency Rental Assistance Program Applications to Renters and Landlords Across Oregon

More than 60,000 Oregon households facing pandemic hardship receive over 6 million in rental assistance relief ...

KGW and TEGNA Foundation Award $40k in Community Grants to Aid Four Oregon Nonprofit Organizations

Among the grant recipients are Urban Nature Partners PDX, Self Enhancement, Inc (SEI), Portland YouthBuilders (PYB), and p:ear. ...

Hawthorne, Morrison Bridges Will Close to Motorized Vehicles for July 4 Fireworks Show

The bridges will remain open for bicyclists and pedestrians. ...

Increased Emergency Snap Benefits Continue in July

Approximately 422,000 households will receive an estimated million in extra food benefits ...

Climber rescued after 700-foot fall on Mount Hood

PORTLAND, Ore. (AP) — A Happy Valley man was rescued after a 700-foot fall from the Old Chute area near the summit of Mount Hood, authorities wrote in a news release Sunday. Around 6:30 a.m. Saturday, a 43-year-old man climbing up a popular route up the mountain’s western face...

US testing new fire retardant, critics push other methods

BOISE, Idaho (AP) — U.S. officials are testing a new wildfire retardant after two decades of buying millions of gallons annually from one supplier, but watchdogs say the expensive strategy is overly fixated on aerial attacks at the expense of hiring more fire-line digging ground crews. ...

OPINION

Choice Without Shackles

The constitutional originalists do what they must to keep ignorance viable, to keep us anchored to the certainties of the old days ...

Biden’s Menthol Ban Follows the ‘Racist Law’ Playbook

The ban on menthol threatens to do more harm than good for the Black people these activists purport to want to protect ...

Black Women Will Suffer the Harshest Consequences After the Overturn of Roe

Black women are nearly three times more likely to die during childbirth than white women and are more likely to face maternal health issues. ...

Justice Clarence Thomas and the Conservative Supreme Court Have Fanned the Flames of Racism in America

Former President Donald Trump’s Make America Great Again cry proved an easy between-the-lines moniker, but even that stood as a dog whistle – until now. ...

AFRICAN AMERICANS IN THE NEWS

French soccer tournament celebrates diversity, fights racism

CRETEIL, France (AP) — An amateur soccer tournament in France aimed at celebrating ethnic diversity is attracting talent scouts, sponsors and increasing public attention, by uniting young players from low-income neighborhoods with high-profile names in the sport. The National...

Black Jewish leader works to boost community, inclusiveness

LOS ANGELES (AP) — Nate Looney is a Black man who grew up in Los Angeles, a descendant of enslaved people from generations ago. He’s also an observant, kippah-wearing Jew. But he doesn’t always feel welcome in Jewish spaces — his skin color sometimes elicits questioning...

The long, ongoing debate over ‘All men are created equal’

NEW YORK (AP) — Kevin Jennings is CEO of the Lambda Legal organization, a prominent advocate for LGBTQ rights. He sees his mission in part as fulfilling that hallowed American principle: “All men are created equal.” “Those words say to me, ‘Do better, America.’ And what I...

ENTERTAINMENT

Sonny Barger, figurehead of Hells Angels, dies at 83

LIVERMORE, Calif. (AP) — Sonny Barger, the leather-clad fixture of 1960s counterculture and figurehead of the Hells Angels motorcycle club who was at the notorious Rolling Stones concert at Altamont Speedway, has died. He was 83. Barger's death was announced on his Facebook page...

Review: Austen-era schemes, dreams fill 'Mr. Malcolm's List'

“It is a truth universally acknowledged,” goes one of the more famous opening lines in English literature, “that a single man in possession of a good fortune, must be in want of a wife.” That’s Jane Austen, beginning her 1813 “Pride and Prejudice.” Austen herself has...

Review: Imagine Dragons offer light at the end of the tunnel

“Mercury — Act 2,” Imagine Dragons (Interscope) If you were hiding under your bed after listening to the last album by Imagine Dragons, it's time to come out. The second volume of “Mercury” is upbeat, often Caribbean-spiced and throbbing. It's the sound of a band getting its...

U.S. & WORLD NEWS

US Navy offers cash for tips to seize Mideast drugs, weapons

DUBAI, United Arab Emirates (AP) — The U.S. Navy's Mideast-based 5th Fleet is starting to offer rewards for...

Searchers rescue 4th person from China ship, 12 bodies found

HONG KONG (AP) — Rescue teams searching for missing crew members from a Chinese engineering ship that sank over...

Film reveals Macron’s diplomatic bids amid war in Ukraine

PARIS (AP) — “Vladimir .... tell me what your intentions are.” Four days before President...

How a favela in Rio got its clean water back, for ,300

RIO DE JANEIRO (AP) — Butterflies and waxbills flit through the Enchanted Valley just outside Rio de Janeiro’s...

Germany: 101-year-old appeals conviction in Nazi guard case

BERLIN (AP) — A 101-year-old man who was convicted last week as an accessory to murder for serving as a guard at...

Film reveals Macron’s diplomatic bids amid war in Ukraine

PARIS (AP) — “Vladimir .... tell me what your intentions are.” Four days before President...

By The Skanner News | The Skanner News

WASHINGTON (AP) -- President Barack Obama signed bipartisan jobs legislation Thursday that will help small businesses and make it easier for startups to raise capital, saying it could be a "game-changer" for entrepreneurs dreaming of founding the next Microsoft or Facebook.

"When their ideas take root, we get inventions that can change the way we live," Obama said in the Rose Garden, flanked by lawmakers of both parties who backed the bill. "And when their businesses take off, more people become employed."

He said the initiatives in the bill paralleled many of the provisions that he sought last fall in his jobs agenda to encourage small-business growth.

But Republicans also helped fashion the bill - and sought to take credit. House Majority Leader Eric Cantor stood over Obama's shoulder at the signing ceremony.

"This bill represents exactly the kind of bipartisan action we should be taking in Washington to help our economy," Obama said.

Some Democrats, however, raised concerns that the bill softened investment protections enacted after the dot.com excesses and Wall Street meltdowns and the changes could lead to fraud and abuse.

Speaking to an audience that included small business owners, Obama indicated he's aware of those concerns and has directed top officials to "keep a close eye" on how it goes into effect.

The main part of the bill would phase in Securities and Exchange Commission regulations over a five-year period to let smaller companies go public sooner. Firms that have annual gross revenues of less than $1 billion would enjoy this "emerging growth company" status.

The legislation may be one of the few accomplishments for a Congress stymied by partisan divisions heading into the fall elections.

The bill combines a number of bipartisan bills that exempt newer companies from SEC reporting rules in order to reduce costs and red tape.

Another provision facilitates the practice of "crowd-funding" in which the Internet is used to solicit a large number of smaller investors.

Senate Democrats were unsuccessful in their efforts to add more investor protections but succeeded in attaching one provision that requires websites involved in crowd-funding to register with the SEC. It also demands that companies seeking to raise money this way provide information on its financial status, business plans and shareholder risks.

Sara Hanks, a securities attorney and co-founder of CrowdCheck, a company aimed at helping startups, said the crowd-funding element will help make it easier for small companies to access capital but warned it will be up to investors and entrepreneurs "to protect themselves from deals that are too good to be true."

In addition to the emerging growth company and crowdfunding provisions, the legislation removes SEC regulations preventing small businesses from using advertisements to attract investors and raises from 500 to 2,000 the number of shareholders a company or community bank can have before it must register with the SEC.

For more jobs information related to small businesses in the Portland area, check out The Skanner's Jobs section and for youth employment opportunities, head to a job fair at Concordia University later this month.


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Jan. 6 Committe Hearings - Day 6

A suprise hearing with newly discovered evidence will be held Tuesday, June 28 at 9:45 a.m. PT (12:45 p.m. ET).

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