Business & Economy
Latest in Business & Economy
Microchip Technology Layoffs Expected Tomorrow at Oregon Plant as Sales Plummet and Inventory Piles Up
Chipmaker Microchip Technology indicated that it will lay off factory workers on Monday at its Oregon and Colorado plants following poor results postings driven by…
Oregon AG Lands $9,250,000 Settlement In AbbVie & Besins Generic Testosterone Gel Monopoly Lawsuit
A lawsuit over AbbVie and Besins’ monopoly on generic testosterone gels concluded yesterday. Oregon Attorney General Dan Rayfield settled with the pharmaceutical giant…
Amazon’s New Data Center Set to Transform Oregon’s Arlington into Tech Hub
A massive Amazon data center on 376 acres of land in the Gilliam County city of Arlington will change the sparsely populated farming area into more than just a truck…
Oregon State Agencies Set to Debate Calico Resources’ Bold Plan to Mine Gold at Grassy Mountain
State Agencies will meet online on March 6 to discuss Calico Resources USA Corp's proposed chemical process Grassy Mountain Gold. The public and media are invited to…
World Leading Asian Company Eyes Major Stake in Intel’s U.S. Operations: A Game-Changer for U.S. Tech Dominance?
A major stake in Intel’s U.S. factories by a leading Asian semiconductor manufacturer could be on the cards following discussions with Trump administration officials…
Joann Craft Store Bankruptcy Proposal to Close Half of All Locations Nationwide, Including Grants Pass Store
National fabric and crafts retailer Joann filed for Chapter 11 bankruptcy on Wednesday and sought court approval to close over half its stores. This filing is the second…
Two Oregon Businesses Guilty of Negligent Endangerment for Discharging Asbestos into the Environment
An Oregon construction company and a property management company face hefty fines and possible imprisonment for discharging asbestos into the environment, violating the…
Jaguar Land Rover to Invest $180M in Portland for Next-Gen Self-Driving Tech
Jaguar Land Rover (JLR) announced plans to invest $180m into its Portland, Oregon, engineering facility yesterday. The funds are intended as part of the carmaker's…
