Business & Economy
Latest in Business & Economy
Portland-Area Boeing Workers Face Possible Strike After Union Rejects Contract Offer
About 200 Boeing engineers and technicians near Portland could join SPEEA’s first strike at Boeing since 2000 after members rejected a four-year contract offer.
Oregon Job Seekers Face Ghost Job Listings With No State Disclosure Rule
Ghost jobs may represent one-fifth to one-third of online listings nationally, but Oregon does not require employers to disclose whether an advertised position is…
U.S.-Canada Trade Talks Collapse, Putting Oregon’s $3.1 Billion Export Market at Risk
The collapse of tariff negotiations between the U.S. and Canada leaves Oregon exposed to heightened economic pressure.
Multnomah County Taxpayers May Be Owed $615 Average Preschool for All Tax Refund
Some Multnomah taxpayers may be owed an average of $615 per person in Preschool for All tax refunds because their income never reached the Preschool for All tax…
Genentech Plans New Hillsboro Drug Device Facility With 450 Jobs Expected
Genentech is investing approximately $750 million to expand its manufacturing campus in Hillsboro, Oregon, in a move expected to create 450 jobs and strengthen the U.S.…
PacifiCorp Reaches $575 Million Settlement With Federal Government Over Major Wildfires in Oregon and California
PacifiCorp confirmed yesterday that the utility agreed to pay $575 million to resolve the United States’ claims for damages resulting from six wildfires in Oregon and…
Oregon Joins $17.85 Million Generic Drug Price-Fixing Settlement and Some Residents May Get Money Back
A 49-state coalition of Attorneys General, including Oregon, filed a lawsuit against Lannett Company, Inc. (“Lannett”) and Bausch Health US, LLC and Bausch Health…
Oregon Biotech CEO Sentenced After Pocketing $4.4 Million in Investor Fraud Scheme Over HIV and COVID Drug Claims
Biotech CEO Nader Pourhassan, 62, of Lake Oswego, Oregon, was sentenced Friday in a securities fraud scheme in which he misled investors about his company’s development…
