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Oregon Business News
Oregon Business News and Local Stories.
Portland’s Downtown Office Vacancy Reported To Be Highest In The U.S.
PORTLAND, Ore. — A comparison of the 50 largest downtown office markets nationwide at the end of last year by real estate firm Colliers has revealed that Portland’s central business district (CBD) had the highest office vacancy rate…
Oregon To Benefit From Biden’s $8.5 Billion Computer Chip Plant Funding Plan Through Intel
Intended to increase the U.S.’s global share of advanced chip production from zero to 20%, the Biden administration has agreed to provide chip manufacturer Intel with up to $8.5 billion in direct funding, with an additional $11 billion…
Three of the Four Tribes Contesting the Coquille’s Medford, Oregon, Casino are From Northern…
MEDFORD, Ore. — Three of the four Indian Tribes contesting the legality of the Coquille nation’s attempt to open a casino in Medford, Jackson County, Oregon, are based in Northern California. They are the Karuk, Elk Valley and Tolowa…
Rogue Valley Baby Boomers Will Retire Soon: County Should Up Their Game To Attract New Opportunities
MEDFORD, Ore. — At their second annual State Of Rogue Valley business summit on Thursday, Southern Oregon Regional Economic Development Incorporated (SOREDI) hosted over 200 business owners, managers, and leaders who shared their input on…
Federal And Oregon Governments Mull $1 Billion 2020 Wildfire Costs Claim Against PacifiCorp
An annual report filed on Monday by PacifiCorp's parent company, Berkshire Hathaway Energy (BHE) revealed that the federal government has warned it intends to sue the owner of Portland-based Pacific Power. Seeking to recover close to $1…
Sale Of Albertsons to Kroger Gets Opposition From Oregon State
The lawsuit seeking to block the proposed purchase of Albertsons and Safeway by supermarket giant Kroger will be opposed by Oregon State, which joined the federal government and other states in the lawsuit on Monday.
The parent company…
Pacific Power Rate Increase Will Add $29.47 Monthly to Oregon Residential Consumer Bills
Pacific Power’s proposed rates increase will add $29.47 to Oregon residential customer’s monthly energy costs. The 17.9% hike is the third time rates have increased since 2019. The last hike was 4% and came into effect in 2022.
…
Grants Pass Restaurants and Bars Taxed 3%
GRANTS PASS, Ore. — Grants Pass restaurants and bars must pay a 3% food and beverages tax to help fund public safety. The proposal was approved last night at a city council meeting, when a public safety utility tax was also approved. The…
Amazon’s Oregon Data Centers Set To Purchase Clean Power
Amazon's data centers in eastern Oregon will start buying clean electricity in their first step towards achieving their renewable energy goals, according to a statement released by the company on Friday. As part of the project, $1,2 million…
77 Southwestern Oregon Community Projects To Benefit From Over $500k In Awards By The Coquille Tribe
NORTH BEND, Ore. — $509,976 in funding from Coquille Indian Tribe Community Funds awarded to 77 projects for 2024 was handed out at a celebration event that took place on February 1.
Attending in person, the recipients gratefully…