Must Reads

Act-On Software lands $42M

The Beaverton-based software company will use this money for new product development, sales expansion and to hire more employees.

Ocean Power Technologies abandons Oregon wave project

The New Jersey-based company offered its shares to the public, raising net proceeds of $12.5 million.

Oregon Innovation Council seeks new investment ideas

Oregon InC will be taking proposals for ideas that will help build new and emerging industries in the state.

Salem council to consider grants for developers

Salem City Council could change the Riverfront Downtown Urban Renewal plan to offer a $75,000 grant to build a rehabilitation facility.

Job vacancies up in small businesses

The Oregon Employment Department reported 32,700 job openings in businesses throughout the state.

Business tax credits gaining traction in Congress

The tax extenders would benefit a wide variety of industries.

Salem job rate, home prices up

Job growth in the capitol is up  2.6%; home prices are up 5.7%.