Troutdale Energy Center cancels power plant project
Troutdale Energy Center, an offshoot of Ares Management, revoked plans to develop a gas power plant between the Troutdale Airport and Columbia River.
Economist predicts sustained growth
Economist John Mitchell said the expansion’s annual rate in 2016 will be close to two percent when he spoke at the Portland Business Alliance Forum Breakfast.
Portland unemployment drops to 4.9 percent
The market gained 5,700 jobs in December. Unemployment dropped to 4.9 percent.
Castleberry Joins Lane Powell as Director of Marketing
Lane Powell is pleased to welcome Jennifer R. Castleberry as the Firm’s Director of Marketing, where she will lead the Marketing Department in providing high quality, innovative and strategically directed services, with a focus on efficiency and client service. Castleberry’s role will include developing marketing and branding strategies, overseeing the execution of innovative events and … Read more
China stocks sink
NPR: China’s slowed-economy saga continues as stocks dip to lowest since 2014, coinciding with oil price decline. Europe also faces economic hurdles due to the cost deflation of crude oil. Read the full story.
Housing, consumer data shows strength
REUTERS: Data shows U.S. economic bounce-back. Americans consumer confidence increased in January and housing prices rose in November against a stock dive. Manufacturing and exports still face challenges. Read the story here.
Remainder of Boardman Tree Farm sells to irrigation farm, set for clearcut
The remainder of the 25,000-acre Boardman Tree Farm sold and will be cleared for potatoes and cattle.
City Council faces opposition re sale of Eugene’s Broadway Plaza
Dozens of people took to City Council to oppose the proposed sale of the beloved Broadway Plaza in downtown Eugene.
Tech deals: Vendscreen sells, Cedexis hits jackpot
Investors gave $22 million to Cedexis, a Portland-based web performance management company.
Famed Timberline Trail restoration underway
The popular Mt. Hood trail will reopen in 2017 after partial closure since debris damage in 2006.