Oregon’s next budget will be higher
State economists released their quarterly revenue forecast, and said that Oregon will have more money to spend in its next two-year budget than previously anticipated.
High Five
Mentor Graphics takes Icahn’s win in stride
After all three of investor Carl Icahn’s nominees to Mentor Graphic’s board won election at the company’s annual meeting, CEO Wally Rhines seemed to take the news well.
Oregon gets nation’s largest solar highway project
ODOT got approval from Clackamas County to install the largest solar highway project in the nation.
TriMet sees record ridership
TriMet saw record ridership on its rail lines in April, due to high gas prices and a recovering job market.
Portland startup Second Porch sold
Portland tech startup Second Porch sold to Austin-based HomeAway for an undisclosed sum.
Thai employees mistreated, labor department alleges
Foreign workers at Typhoon, a Thai food restaurant chain, were mistreated and threatened with deportation, according to a complaint filed by the Oregon Labor Department.
Sustainability Center looks at cheaper design
The price tag of the proposed Oregon Sustainability Center has dropped to $64.6 million after eight months of redesign.
State Treasurer wants to cut fees on college savings funds
Oregon State Treasurer Ted Wheeler wants to reduce investment fees in the state’s college savings plans by more than $500,000 a year.
Facility could bring food-waste collection to Portland
If Recology Inc.’s Nature’s Needs plant in North Plains passes a smell test this summer, it could open a new chapter of food recycling for Portland residents.
Tripwire abandons IPO
Tripwire sold itself to private equity firm Thoma Bravo, abandoning its pursuit of an initial public stock offering.