Business & Economy

Latest in Business & Economy

  1. Lucille McNamara

    Nike Shares Dropped 5% in After-Hours Trading Following Biggest Quarterly Sales Drop in a Decade

    Nike saw its shares drop 5% in after-hours trading yesterday after the announcement that the company experienced its largest quarterly sales drop in at least a decade…

  2. Lucille McNamara

    Whistleblowers Claim Oregon Aerospace Company Falsified Records of Poorly Finished Parts for F-35 Fighter Jets

    Two former employees at the aerospace company Selmet Inc. in Albany, Oregon, claim that records were falsified and parts poorly finished to meet production quotas and…

  3. Lucille McNamara

    Oregon Seafood Company Disputes Lawsuit by Former Employee Claiming to be a Whistleblower

    The Portland-based Pacific Seafood Company is disputing a claim in a $2.25 million lawsuit that it falsified the weight of catches bought from shrimp boats, illegally…

  4. Diane Megaw

    OHSU & Legacy Health Merger Plans Await State Approval

    Over a year after the merger between Oregon Health & Science University (OHSU) and Legacy Health was made public, merger plans were submitted to health officials for…

  5. Lucille McNamara

    NEW CEO Has the ‘Swagger and Skills’ for Nike to Regain Market Share Stature

    Nike employees who are overjoyed by the appointment of former employee Elliott Hill as CEO, believe he has the ‘swagger and skills’ needed for the sportswear company to…

  6. Lucille McNamara

    AI is Giving People Superpowers, Ashland Summit-Goers are Told

    ‘AI is giving people superpowers’ 150 attendees were told at a recent three-day summit in Ashland highlighting how artificial intelligence can help solve issues facing…

  7. Diane Megaw

    Nike’s New CEO Elliot Hill To Take The Reigns As Company Pins Hopes On Growth

    Following a downward run of the company’s stock, Nike’s Thursday announcement that company veteran, Elliott Hill will replace John Donahoe as CEO elicited a marked…

  8. Lucille McNamara

    Oregon Governor Makes Move to Attract Semiconductor Research Hub into State Boundaries

    Oregon Governor Tina Kotek has honed in on a parcel of 373 acres of farmland north of Hillsboro for the planned expansion of the urban growth boundary giving the state a…