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NorthernStar, the liquefied natural gas developer that recently halted development of a LNG import terminal near Astoria, has filed for bankruptcy.
The development of the terminal at Bradwood Landing was halted yesterday, with NorthernStar President Paul Soanes blaming the state for permit delays.
Read the whole story at OregonLive.com.
A Michigan company, Hearthside Food Solutions, is reportedly set to buy Eugene-based cereal company Golden Temple.
The deal would affect Golden Temple's 230-employee cereal division, while the company plans to keep the Yogi Tea business.
Read the whole story at The Register-Guard.
Old Town shop owners worry that Portland Development Commission's possible decision to move out of their neighborhood could mean the collapse of their fragile businesses.
The PDC will decide May 12 whether to move its 185 employees to the half-built Park Avenue West building downtown.
Read the whole story at The Portland Tribune.
Swiss company ReVolt Technology has chosen Portland for its U.S. heaquarters and research-and-development facility.
ReVolt's zinc-air electric car battery is expected to last longer between charges and cost less than a lithium-ion battery, resolving the disadvantages electric cars have compared to gasoline-powered vehicles.
Read the whole story at the Daily Journal of Commerce.
The Port of Bandon and Portland-based Pacific Seafood Group have come to an agreement after a long-running dispute involving 1.3 acres of waterfront property.
The agency signed a 100-year lease with the nation's largest seafood company in 1976, and will now pay $340,000 to get out of the lease.
Read the full story at The Register-Guard.
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