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Oregon Business News
Oregon Business News and Local Stories.
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 regain its market share stature.
Elliott Hill Replaces…
AI is Giving People Superpowers, Ashland Summit-Goers are Told
ASHLAND, Ore — ‘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 local communities.
AI Has Helped Solve…
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 increase on the stock exchange and cheers from insiders.
Nike…
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 chance of attracting a semiconductor research hub worth nearly $1…
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…