Mayor Hales’ budget plan includes a contentious business tax hike
Charlie Hales wants to raise Portland’s business tax from 2.2% of net income to 2.5%, which would add $8.7 million to the city’s budget.
Storyteller-in-Chief: From the Patient’s Lips to the Doctor’s Ear…
I was in fourth grade and at soccer practice when the most intense headache of my life brought me to my knees. My parents rushed me to Raleigh Fitkin-Paul Morgan Memorial Hospital (now Jersey Shore University Medical Center), where doctors placed me in an isolation room for what felt like weeks. Not knowing yet whether … Read more
Oregon: State of Wonder, or State of Failure?
Oregon’s license plates once read: “Pacific Wonderland.” Crammed into our great state are rain forests, deserts, mountains, plains, large cities and one-road towns. We also have one national park and a few volcanoes. It’s possible to wake up in your home in Portland, hop in your car, surf Seaside in the morning, ski Timberline in … Read more
Oracle to buy Opower
WASHINGTON BUSINESS JOURNAL: Oracle is set to acquire the energy software company Opower for $532 million.
Eugene’s Crescent Village units to open mid-May
After years of anticipation, Crescent Village apartments are almost ready for move-in.
Cannabis biz digest
The Oregon Liquor Control Commission granted its first batch of licenses to growers; OLCC data shows a budding recreational marijuana industry in Marion and Polk Counties; and more cannabis businesses are planned for Bend.
Judge rules governor had power to settle Cover Oregon debacle
Marion County Circuit Judge Sean Armstrong denied the state’s request to throw out Oracle’s $25-million lawsuit.
Moda raises $115M more in capital
The insurance carrier announced the sale of two dental entities and the Moda Plaza in Milwaukie, along with the securitization of risk corridor expenses to an outside firm.
Portland Mayor to propose business tax hike
Sources say Charlie Hales is expected to propose a business tax hike to boost the city budget.