Groupon shares jump 50%
Groupon shares jumped more than 50% to almost $31 in its public debut Friday, showing strong demand for a company whose business model is considered unsustainable by some analysts.
UO economist says new recession could hit
Oregon’s economy showed a slight uptick in September, but University of Oregon economist Tim Duy says the odds for another recession in 2012 are still better than 50%.
Oregon credit unions getting boost in new accounts
Oregon credit unions and small banks saw a major surge in new members and accounts last month.
Nike opens brand experience store
Nike opened their downtown Portland successor to NikeTown Portland today, a “brand experience” store that is part museum and part store.
Portland business districts win grants
Four Portland business districts won Venture Portland’s first ever economic development grants.
Cruise line to hire 180 in Springfield
Royal Caribbean plans to hire 180 people at its Springfield call center this fall.
Jobless claims fall
New claims for unemployment benefits fell to the lowest level in five weeks, a hopeful sign for the still-weak job market.
Portland Seed Fund graduates first class
The Portland Seed Fund graduated its first class of eight startups this week.
UPS to hire Portland cyclists
United Parcel Service plans to hire Portland bicyclists to make deliveries during the holiday season.
Consumers slowly beginning holiday shopping
Consumers pledge to spend their money slowly and carefully this year, as retailers offer new programs to get customers in the door as soon as possible.