Oregon will see continued slow growth, according to a University of Oregon index.
Portland Mayor Sam Adams released his proposed budget for the next fiscal year, which reduces general fund spending by $14.7 million.
Pacific Light Technologies, a Portland startup working to make LED lights more efficient and cheaper, has landed a $3 million venture capital round.
A San Diego company that produces environmentally friendly bottled water is coming to the Portland market.
Boise Cascade's veneer mill in Willamina is an example of the slow comeback of the timber industry.
Tualatin-based Lumber Products plans to lay off 65 workers, including its CFO and at least one vice president.
Portland General Electric's first quarter profits declined 29 percent from a year earlier.