Portland-based Mattress World is closing after 15 years, due to the recession and an unexpected $2 million tax bill from Washington.

Beaverton is embracing automobiles in order to revitalize the city.

SeaPort Airlines has added and stopped service in five communities in the last three years, including its most recent drop of Portland-Seattle service.

Wind turbine manufacturer Vestas cut its revenue outlook for the second time in two months.

Portland-based Umpqua Bank is the latest to be hit with a class-action lawsuit for the way it charges overdraft fees.

The Rural Energy for America program will see cuts of about two thirds of its funding levels this year.

The average rate for a 30-year fixed mortgage hit 3.91% this week, matching the record low of two weeks ago.

Many retailers are reporting solid gains for the holiday shopping season, but consumers focused on discounts took their toll on earnings.

The U.S. Department of the Interior approved a crucial part in the development of a wind farm on Steens Mountain.

Local makers and sellers of University of Oregon Ducks merchandise are benefiting from the team’s Rose Bowl win.