News

Unemployment applications climbed by 8,000 last week, but the overall level stayed low enough to suggest the market is strengthening.

Exxon plans to spend $150 billion over the next five years to find more oil and natural gas to meet rising demands.

Economic activity improved in Oregon, bolstered by manufacturing and service industries.

Although Oregon’s legislative session ended on a high note, lawmakers still have work to do when it comes to economic growth.

Sen. Jeff Merkley and Rep. Peter DeFazio want to close loopholes in a visa program that lets forest companies hire foreign workers when there are U.S. citizens who would take the jobs.

The Bonneville Power Administration filed a plan of action to deal with wind farm shutoffs when too much hydropower is being generated. 

A proposed 780 unit “superblock” in Portland’s Lloyd District would add much-needed housing to the commercial and office area, developers say.

Growth in worker productivity slowed at the end of 2011, while labor costs rose.

Sales at Portland-based Blount International jumped 36% in 2011, and 2012 sales are expected to exceed $1 billion.

Oregon lawmakers completed a 34-day session Monday night, passing bills on topics ranging from education to healthcare.