The U.S. poverty rate is on track to rise to the highest it’s been since the 1960s.

Peet’s Coffee & Tea is being taken private for $977.6 million.

Judge Michael Simon declined to hold longshoremen at the Port of Portland in contempt.

Facebook’s vice president for hardware design Frank Frankovsky spoke to attendees of the OSCON open source convention about the company’s Oregon data center.

Oregon is begining to fund seismic retrofits for schools to prepare them for an upcoming Cascadia subduction fault earthquake.

Milwaukie-based natural cosmetics company Alima Pure is expanding.

Portland-area builders say a looming shortage of shovel-ready lots could limit their ability to put new properties on the market.

Solarworld CEO Frank Asbeck has opted to relinquish his pay until the company is profitable again.

Tektronix owner Danaher Corp. posted higher quarterly revenue but warned of upcoming cuts.

The University of Oregon will pay its football assistant coaching staff more than $3.2 million during the 2012 season, a 40% increase over 2011.