State workers receive 4.75 percent pay raise
Union-represented state workers are receiving a step pay increase of 4.75%, despite Oregon’s $377.5 million budget shortfall.
Willamette Valley
Why Intel Is buying Infineon
Intel is buying the wireless products division of Infineon in a $1.4 billion deal due to go through in early 2011.
PECI to lease top 3 floors of First & Main
Nonprofit energy firm Portland Energy Conservation Inc. is set to finalize a lease for the top three floors of the prominent new office building First & Main in downtown Portland.
Suze Orman wants reverse mortgage firm to stop using her likeness
Popular financial advice author Suze Orman wants EquiPoint to stop using her implied endorsement in mailings to Oregon seniors.
Icahn raises Mentor Graphics stake to almost 15%
Investor Carl Icahn raises his stake in Mentor Graphics to almost 15%, the level that would trigger the company’s poison pill shareholder rights plan.
Eugene company offers 30 properties to pay off debts
Real estate company Arlie & Co. intends to liquidate 30 properties worth at least $57.5 million to pay for its reorganization plan.
Store opening gives hope for Medford retail
The opening of a new Best Buy in Medford gives residents hope that the string of retail closures is coming to an end.
Relief agencies find little money for Pakistan
Northwest relief agencies are having trouble raising as much money for Pakistan flood victims as they raised for Haiti last January.
Trucked wheat earning less
Portland wheat exporters are paying $1.20 to $1.25 less per bushel to growers transporting wheat by truck.
Local man vs. Oregon over billboards
Jai Nicholson has placed billboards along Oregon highways to advertise for local companies, but ODOT says the signs are illegal.