Vestas profits down, chairman resigns
Vestas Wind Systems 2011 profits were well below expectations, prompting its chairman to announce his resignation.
BPA proposes to pay wind producers for oversupply
The Bonneville Power Administration offered to pay half of wind farms’ lost revenue when shutdowns are required during high river flows.
Portland adds six new mini urban renewal districts
Portland Mayor Sam Adams announced that six small business areas will participate in the Neighborhood Prosperity Initiative.
Target officially coming to downtown Portland
Target signed a lease for space in downtown Portland’s Galleria Building on SW 10th Avenue and Alder Street.
Nike forms waterless fabric dyeing partnership
Nike formed a partnership with a Dutch company that has developed a way to dye fabric without water.
New Seasons founder retires
Chuck Eggert, one of the New Seasons Market founders, retired from the grocer’s board and sold back his shares.
“App Economy” creates jobs
The growing “App Economy” created 466,000 jobs in the last five years.
Women working more, and less, in Oregon
Though women are not working as much, they are working more. This paradox was highlighted in a recent report by the state’s employment department that tracked female employment numbers from the 1970s.
Lawmakers consider foreclosure prevention bills
The Oregon Legislature is considering two bills that could help homeowners prevent foreclosures.
Typhoon fallout continues
Fallout from the closure of Typhoon restaurants is continuing, with its former COO filing for bankruptcy protection.