Business & Economy
Latest in Business & Economy
200,000 Acres of Oregon Timberland Makes Chinese Billionaire Second Largest Foreign Landowner
The Land Report- a Dallas-based quarterly magazine that lists the top 100 private landowners annually published a report on January 9 revealing that Chinese billionaire…
Layoff Fears for Dutch Bros Employees in Grants Pass
It has come to light that Dutch Bros. Corporate intends to move forty percent of its company to Phoenix, Arizona. According to NewsWatch 12, the company intends to…
TriMet MAX Could Set New Closure Record: Return Of Service Hampered By Storms
TriMets' Green Line light train rails have not been running for three days, since Monday, January 15. Crews are hard at work on the ice and fallen trees on the tracks…
CHIPS Act Funding of $72 Million Allocated To Oregon’s MicroChip Will Expand Gresham Factory
The CHIPS and Science Act- passed in 2022 is set to start making progress in the local semiconductor ecosystem. Severe semiconductor supply chain disruption that…
Oregon Wildfire Victims Settle for $299 Million in Lawsuit Against PacifiCorp
When the Archie Creek Fire was started in 2020, roughly 170 homes were destroyed and 130,000 acres were burned to the ground. Along with it came many, many lawsuits…
Oregon to get billions of dollars from Intel and the Federal Government
The state of Oregon is going benefit from US$ billions investment over the next few years as Intel, the chip manufacturer, recently announced that it will make…
Hillsboro Oregon Leads the Country in Technology Facilities with Primary Data Centers Up 78%
A report from commercial real estate firm CBRE has shown that Hillsboro, Oregon, has been leading the country in the construction of new primary data centers for the…
Portland City Council Approves Tax-Free Downtown Enterprise Zone to Boost Business
Portland’s downtown area had been hit hard ever since the pandemic, and in a bid to revive it, the city council decided on Thursday to approve a plan that would bring…
