Must Reads

Jobless claims drop by 23,000

Weekly applications for U.S. unemployment aid fell last week to a seasonally adjusted 369,000, a level consistent with modest hiring.

Intel to expand Hillsboro fab

Intel plans to expand D1X, the $3 billion research factory currently under construction at its Ronler Acres campus in Hillsboro.

Wind power surpasses hydro

Wind energy hit a new generation record of 4,289 megawatts, surpassing water energy in the Northwest for the first time.

Oregon farm equipment wins award

A high-tech field scraper made by Donald-based GK Machine was chosen as one of the ten most innovative agricultural products.

Nike sells Umbro for $225M

Nike is selling Umbro to Iconix Brand Group for $225 million.

Pacific Continental buying Century Bank

Pacific Continental has agreed to buy Century Bank for $13.4 million. Both banks are based in Eugene.

OLCC director steps down

Oregon Liquor Control Commission Executive Director Steve Pharo is retiring after more than six years.