Aquamarine Power leaves Oregon
Scottish wave energy company Aquamarine Power closed its Newport office, saying a lack of regulatory certainty made it impossible to invest in Oregon.
High Five
Beaverton startup makes wooden sunglasses
Beaverton-based Schwood makes more than 125 pairs of wooden-framed sunglasses each day.
South Valley Bancorp withdraws IPO
South Valley Bancorp Inc. withdrew its planned initial public offering, citing current market conditions.
Urban Airship raises $15.1M
Portland mobile software developer Urban Airship raised $15.1 million in strategic investment from Verizon and Salesforce.com.
Alaska Airlines to run on biofuel
Alaska Airlines will begin flying 75 commercial passenger flights powered by biofuel made from cooking oil this week.
EV charging station usage numbers coming in
Usage numbers for the six free electric vehicle charging stations near downtown Salem are beginning to come in.
Water fitness companies poised for expansion
Two Lane County water fitness gear companies have high hopes for expansion in the coming years after enduring a major hit during the recession.
UO economist says new recession could hit
Oregon’s economy showed a slight uptick in September, but University of Oregon economist Tim Duy says the odds for another recession in 2012 are still better than 50%.
Oregon credit unions getting boost in new accounts
Oregon credit unions and small banks saw a major surge in new members and accounts last month.
Nike opens brand experience store
Nike opened their downtown Portland successor to NikeTown Portland today, a “brand experience” store that is part museum and part store.