Salem-News.com Business articles

Gas Prices Stay Fairly Steady in all 50 States

For the week, the national average remains at $2.18 a gallon. The Oregon average adds two cents to $2.61.

(PORTLAND, Ore.) - Drivers who hit the road for Independence Day found pump prices were about 60 cents a gallon cheaper than last year. The national average was the cheapest for the holiday since 2004 and the Oregon average was at its cheapest since 2016.

A few states also saw prices jump due to fuel tax increases on July 1. This includes California, Illinois, Indiana, Iowa, Nebraska, South Carolina and Maryland.

Dairy Supply Chains Will Need to Adjust as Consumer Behavior Changes

Forecasts suggest that the U.S. could lose up to 25% of its restaurants.

(DENVER, Colo./GLOBE NEWSWIRE) - As consumers heeded the stay-at-home advisories, they increased purchases of products that in recent years had fallen out of favor.

Processed cheese sales increased by nearly 20% during the eight weeks ending May 31. White milk sales gained more than 10% during the same period. Cereal is also doing well with sales up almost 15%.

Hey Congress, Move the Money

No other nation spends even half what the United States does on militarism.

(SAN FRANCISCO, Calif.) - If we want local and state governments that provide experts in de-escalating conflict, professionals to assist those with drug addictions or mental illness, and skilled experts at handling traffic or responding to various sorts of emergencies, the funding is easily and logically found.

It’s sitting in the oversized budgets for armed policing and incarceration.

Fighting the Pandemic and Reopening the Economy

The U.S. is still doing battle with the first wave of the pandemic.

(SAN FRANCISCO, Calif.) - Few would disagree that the collapse of the U.S. economy into a recession was mainly caused by the coronavirus pandemic and worsened by the inept leadership at the federal level.

It would seem to follow that the priority should be to contain the causative virus and reduce the deaths associated with it as quickly as possible before reopening the economy.

Who Will Go to Prison Next: Purdue Pharma? The Sackler Family?

Insys Therapeutics founder, John Kapoor is serving a prison term -- why not Purdue Pharma and the Sackler Family?

(MYRTLE BEACH, SC) - Tuesday evening, June 23, PBS Frontline will air an hour episode on the sordid crime spree by Insys Therapeutics, maker of Subsys (fentanyl), resulting in a brave attorney representing a family in the death of their young daughter because she was prescribed Subsys for non-cancer treatment.

Damning evidence was uncovered which helped lead to convictions and prison sentences of executives of the disgraced pharmaceutical company.

Withdrawal of Las Vegas Sands a Major Setback for Japan`s Casino Efforts

Las Vegas Sands recently withdrew from building a major casino resort in Japan. This withdrawal has been a substantial hit to the efforts of Japan's investments in casino gambling.

(SALEM, Ore.) - Economic development is one of the significant aims of Japan today. Projects that enlarge the net exports and imports of a given nation are considered vital signs of economic growth and development.

Therefore, as an integrated casino resort was to be put up in the country, this should have contributed to economic growth and development in Japan.

Top Challenges Restaurants Face Today

Stand out from your competitors by being a vigilant problem solver.

(SALEM, Ore.) - The food industry is one of the businesses with high-risks prepositions. It requires a lot of capital, it faces a lot of competition, and the diners’ choice may be beyond overwhelming.

That’s why research shows that about 60% of restaurants fail within the first year of operation, while 80% of them fail within the first five years of operation.

A Recession, Protests and a Pandemic: Trying to Reconcile the Irreconcilable

The University of Washington model projects 145,000 deaths from COVID-19 by August 2020.

(SAN FRANCISCO, Calif.) - On May 8, 2020, California Governor Gavin Newsom started reopening the California economy. On May 25, after the Memorial Day weekend, California had its highest one-day total of 2,565 new positive COVID-19 cases.

There were similar spikes in many other states due to re-openings and the disregard of social distancing and wearing of masks over the long holiday weekend.

Why Every Entrepreneur Should Have a Grasp of Statistics

The ability to rapidly identify needs and implement solutions is essential for any business.

(SALEM, Ore.) - Data and statistics have never been more important for businesses. Virtually every business generates data to some extent, but many are still failing to properly leverage the power that it offers.

Using data the right way offers enormous benefits to businesses and gives them a significant edge over their competitors.

Gas Prices Rise in Oregon as Drivers Return to the Road

The national average dropped to a low of $1.76 in April.

(PORTLAND, Ore.) - The last time the Oregon average was below $2.45 this time of year was in early June 2005 when it was $2.35.

Rising demand for gas, shrinking gasoline stocks and increasing crude oil prices are putting upward pressure on pump prices.