32.3 percent of Portland homes underwater
32.3% of Portland-area homes with mortgages are underwater, meaning they are worth less than is owed on their mortgage.
Landry’s to buy McCormick & Schmick’s
Landry’s Restaurants Inc. will buy the Portland-based McCormick & Schmick’s restaurant chain in a $131.6 million deal.
Oregon tests iPad voting
Five Oregon counties are testing a new program this election day to allow elderly and disabled voters to vote via iPad.
Aquamarine Power leaves Oregon
Scottish wave energy company Aquamarine Power closed its Newport office, saying a lack of regulatory certainty made it impossible to invest in Oregon.
Beaverton startup makes wooden sunglasses
Beaverton-based Schwood makes more than 125 pairs of wooden-framed sunglasses each day.
South Valley Bancorp withdraws IPO
South Valley Bancorp Inc. withdrew its planned initial public offering, citing current market conditions.
Urban Airship raises $15.1M
Portland mobile software developer Urban Airship raised $15.1 million in strategic investment from Verizon and Salesforce.com.
Alaska Airlines to run on biofuel
Alaska Airlines will begin flying 75 commercial passenger flights powered by biofuel made from cooking oil this week.
EV charging station usage numbers coming in
Usage numbers for the six free electric vehicle charging stations near downtown Salem are beginning to come in.
Water fitness companies poised for expansion
Two Lane County water fitness gear companies have high hopes for expansion in the coming years after enduring a major hit during the recession.