PeaceHealth is facing a major budget gap and needs to save $30 million in the next two months, on top of the $100 million in savings it already identified. Lane County’s largest health care provider is suspending hiring immediately and reviewing vacant positions to see if they can be cut.
Many middle-class families in Oregon are struggling, the newly updated Family Budget Calculator for 2013 shows. A two-parent, two-child family in Salem needs $63,978 annually to achieve basic economic security. Yet a family of four earning $23,550 is considered to be at the federal poverty threshold.
The Cowlitz Tribe plans to build a $510 million casino resort near La Center off I-5. The tribe hopes to break ground in 2014 after 11 years of fighting.
U.S. News ranked hospitals around the country. See how Oregon hospitals stacked up.
Portland startup Puppet Labs acquired Cloudsmith, its second announced acquisition after Marionette Collective in 2010. Puppet Labs has raised nearly $46 million in outside investment recently.
7 Devils Brewing is set to open in the fall in Coos Bay. It will be the first new microbrewery in the area in more than a decade.
CNET: The skull is a publicity stunt from Blinkbox, a streaming video company that is now showing the third season of the popular series.
Reuters: Rolling Stone magazine draws criticism for putting glamorous shot of Boston Marathon bombing suspect Dzhokhar Tsarnaev on its cover.
Con-way finalized the sale of two acres at its Northwest Portland campus, to become a New Seasons Market, other retail, and an 115-unit apartment complex. The renovation is set to begin in 2014 and open in spring 2015.
The sale of Block 296 at NW 21st and Raleigh has closed, paving the way for a mixed-use redevelopment anchored by New Seasons Market. NAI Norris, Beggs & Simpson President Chris Johnson and Vice President MaryKay West represented the seller, Con-way, Inc. Vice President Robert Black represented the buyer, C.E. John Company.