TriMet facing major budget gap
TriMet predicted it may be facing a $12 million to $17 million budget shortfall next year.
Umpqua Bank profits increase
Umpqua Holdings Corp. profits more than doubled in the third quarter compared to a year ago.
Oregon sees one of nation’s steepest increases in unemployment claims
The number of Americans seeking unemployment benefits dipped slightly last week, but increased in Oregon by 416.
Troutdale could get new gas plant
Development Partners Group LLC proposes to build a $850 million gas plant in Troutdale, competing with PGE to keep rates low for customers of Oregon’s regulated utilities.
TriQuint shares sink
TriQuint Semiconductor forecast another down quarter, and stock fell more than 11%.
Facebook wary of Oregon tax misunderstanding
Facebook is angry with the Oregon Department of Revenue after a misunderstanding over the department’s assessment of the value of Facebook’s Prineville data center.
Blumenauer calls for end of direct farm subsidies
Rep. Earl Blumenauer is calling for an end to direct subsidies for farmers, which would save $3 billion each year.
Student population growth in Corvallis leads to changes
Enrollment at Oregon State University is growing rapidly, and the city doesn’t have enough available housing.
PDC looks into district power
The Portland Development Commission is researching the option of developing a district energy system to encompass the Rose Garden Arena, Oregon Convention Center and Veterans Memorial Coliseum.
Last chemical weapons destroyed in Hermiston
Workers at the Umatilla Chemical Depot in Hermiston incinerated the last of the chemical weapons stored there.