UO economic index slips again
The University of Oregon economic index for June fell for the third month in a row, with all Oregon and national indicators negative.
FBI, IRS raid office of Portland’s parking manager
FBI and Internal Revenue Service agents raided Portland parking manager Ellis K. McCoy’s office and apartment after years of allegations and complaints.
ODA report shows decline in agency positions
The Oregon Department of Agriculture released a report showing the agency has had a decline of 276 employees from a decade ago.
SolarWorld profits fall
SolarWorld AG reported a decline in first-half sales and profits, but still expects to surpass last year’s revenue of $1.8 billion.
Back-to-school shopping begins in Portland
Despite many national retailers launching their back-to-school campaigns in June, local retailers are just beginning to roll out their shopping specials.
Oregon Lottery posts increase in 2011
Oregon Lottery reported a 2% increase in “sales,” the first increase in three years.
PGE considers giant cane for Boardman plant
Portland General Electric is considering giant cane as a possible future energy source for its coal-fired Boardman power plant.
Businesses unite over salmon restoration efforts
Almost 1,200 businesses sent an open letter to President Barack Obama asking for a new approach to help salmon and steelhead, which could possibly mean removing dams.
Daimler supports Obama’s new efficiency standards
Daimler Trucks North America CEO Martin Daum joined President Barack Obama at an announcement to push for new fuel efficiency standards.
S&P downgrade meaningless, says economist
Oregon economist Patrick Emerson says Standard & Poor’s downgrade was essentially a non-action. And he doesn’t think you can take the markets’ downturn as any evidence of an impending return to recession.