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Oregon Business News
Oregon Business News and Local Stories.
Oregon Has Second Highest Number Of Remote Workers In US
Federal data indicates that after the pandemic, thousands of Oregon workers returned to their offices last year. However, the number of people working remotely for at least part of the time last year was twice as high as before the…
No Smooth Sailing in Sight for Nike for the Next Few Quarters
UPDATE: Nike’s New CEO Elliot Hill To Take The Reigns As Company Pins Hopes On Growth
It is not going to be smooth sailing for Nike for the next few quarters, but CEO John Donahue is upbeat about the success of the company’s…
U.S. Bank Departure from the Big Pink Skyscraper is Indicative of Portland Urban Decay
PORTLAND, Ore — The decision by U.S. Bank not to renew its lease in the Big Pink skyscraper is another blow as urban decay erodes downtown Portland.
Yesterday, the bank told its employees that it will be vacating the 222,000 square feet…
Medford Roofing Company Fined Over $100K For Repeated OSHA Violations
MEDFORD, Ore. — JAM Construction Inc., a Medford-based roofing company cited for repeated violations related to fall protection, has been issued a $103,438 fine by the Oregon Occupational Safety and Health Division (Oregon OSHA).
The…
Unclear How Many Oregon Workers Will Lose Their Intel Jobs in Latest Cutback
Amid plummeting stock prices, Intel announced yesterday that it is going to cut 15,000 jobs in a massive drive to cut costs.
How many Oregon workers will lose their jobs in the latest cutback is unclear, but what is painfully obvious is…
Coquille Tribe’s 12-Year Battle to Open Medford Casino Draws to a Close
MEDFORD, Ore. — A final environmental impact statement by the federal government will seal the Coquille Indian Tribe’s 12-year-long struggle to open a casino on Highway 99 in South Medford.
Project is Fiercely Opposed by State…
UFCW is Spending Millions to Persuade Lawmakers to Allow Cannabis Workers to Unionize
Food and Commercial Workers (UFCW) Local 555 is throwing millions of dollars into a campaign to persuade lawmakers to ease the way for cannabis workers throughout Oregon to unionize.
The UFCW union has spent $2.4 million dollars…
732 People Lose Their Jobs at Nike, Oregon, as Part of a $2 Billion Cutback on Expenses
Nike has slashed 732 positions at its global headquarters near Beaverton as part of its decision to trim 2% off its global workforce. The leading sportswear brand announced in April that it would be reducing its Oregon workforce by 740…
Oregon Jobs Could Be Trimmed Despite Intel’s Growth Plans
Intel, Oregon's biggest corporate employer, has ambitious plans for growth and finding AI solutions. With global deals and significant federal financing channeled from the state in the form of CHIPS funding, the company seems to be…
Klamath Falls Gets New Amazon Delivery Station
KLAMATH FALLS, Ore. — Amazon, the online retail giant, has been opening new fulfillment centers across Oregon and has recently purchased property that will see a new delivery station in Klamath Falls. This comes after the company recently…