Sherritt International Corp. is selling coal business
Toronto-based Sherritt International Corp. is selling its coal business for nearly $900 million to focus more on its core nickel and oil operations.
Year: 2013
Unemployment rate in Portland falls to new 5-year low
A new state report shows the Portland unemployment rate is at a new five-year low of 6.7 percent, down from 7.0 percent in October, despite a loss of jobs in November.
Lawmakers want a Nike-style deal for rural businesses
Several rural lawmakers are hoping to create a legislative package for small businesses in Oregon similar to the 30-year tax agreement created solely for Nike.
Sen. Ron Wyden proposes wildfire legislation
Sen. Ron Wyden and Sen. Mike Crapo introduced legislation that would treat natural wildfire disasters without funds from regular federal agency budgets.
Many Oregonians will face insurance gap come January
Many Oregonians will not have subsidized health-insurance coverage by Jan. 1 because their applications were deemed incomplete by Cover Oregon.
Sequestration will not affect federal aid to timber counties
Oregon’s timber counties will not be affected by mandatory budget cuts to January’s federal subsidy checks.
Navy stays fully charged with OpConnect
The U.S. Navy ordered five additional charging stations from OpConnect, a Portland company specializing in electric vehicle charging technology.
Portland named “Best City in America”
Movato, a real-estate company, recently named Portland the Best City in America.
American Express to pay $75.7M settlement
AP: American Express has agreed to pay at least $75.7 million to end an investigation by regulators into some discontinued card products.
Dismal Nitch rest area to receive modern facelift
The National Park Service plans to renovate a “dismal” area near the north end of the Astoria Bridge beginning in 2015.