The Latest

Oregon manufacturing sees small uptick in jobs

thelatestFollowing national trends, Oregon’s manufacturing sector saw modest employment gains last year after more than a decade of decline aggravated by the Great Recession. Oregon has gained 903 jobs between October 2010 to October 2011, an increase of 0.5%.

Big company CEOs don't plan to hire

thelatestGov. Kitzhaber's freeze on Oregon government hiring is indicative of a larger hiring slowdown. Two-thirds of CEOs of the largest U.S. companies don't plan to hire in the next six months.

Oregon unemployment drops to lowest rate in three years

thelatestSeasonal retail hiring helped Oregon's unemployment rate fall to 9.1%, the lowest it has been in three years.

Earnings rise for Oregon's top companies

thelatestOregon’s top publicly traded stocks have not necessarily been valued for their quarterly performance of late. But Oregon Business research editor Brandon Sawyer runs the numbers and finds earnings rising at the largest companies.

Employed women dropping out of labor force

thelatestThe latest jobs report reveals that the entirety of the decline in the unemployment rate recently was due to the departure of women — and particularly employed women — from the labor force.

BofA agrees to $315 million settlement in mortgage investment case

thelatestBank of America has agreed to pay $315 million to settle claims by investors that they were misled about mortgage-backed investments sold by its Merrill Lynch unit.

Inside Facebook's Prineville data center

thelatestWeb giants like Google and Amazon are notoriously secretive about what goes on inside of their data centers. Meanwhile, Facebook "open sourced" the designs for its Prineville data center and its custom-built servers. So just what does go on inside of those mysterious computing facilities?

Downtown Portland gets new name: Pioneer District

thelatestPortland's downtown retail core is getting a new name: Pioneer District. Can simple rebranding help Portland's retail outlook?

Lariviere: It's time to repair the damage

imo-blogThe state Board of Higher Education voted unanimously to dismiss UO president Richard Lariviere in 30 days, six months before his contract expires. Now, says the Register-Guard, it’s time to repair the damage.

Occupy protesters plan Black Friday demonstrations

thelatestOccupy Wall Street protesters plan demonstrations nationwide on Black Friday. Some want shoppers to spend their money locally, while some don't want people to shop at all.

Groupon takes a major hit

thelatestA broader market downturn has hit tech stocks this week, but newly public startups like Groupon were hit especially hard. Some economists say this could indicate renewed dot-com bubble concerns.

Occupy Portland joins nationwide N17 protests

thelatestOccupy Portland demonstrators joined other Occupy movements across the nation in N17 protests. They plan to occupy banks and other financial institutions.

Governor looks for new prison chief

thelatestThe leader of Oregon's prison system is stepping down at the end of the year to become president of the nonprofit Oregon Community Foundation, prompting Gov. John Kitzhaber to conduct a fast-track search for a new corrections chief.

SeaPort Airlines gets Jackson nod

thelatestThe Airport Authority in Jackson, Tenn., supports Portland-based SeaPort Airlines in its bid to provide commercial passenger flights at McKellar-Sipes Regional Airport.

Annual summit expands to 2 days

thelatestThe 9th annual Oregon Leadership Summit will spill over to a second day for the first time to address specifically health care and education reform, two issues that have been central to the state’s business leadership in the past few years.

City closing down Occupy Portland Sunday

thelatestPortland is temporarily closing Lownsdale and Chapman Squares to the public, the site where Occupy Portland demonstrators have been camped out for more than a month. At 12:01 a.m. Sunday Nov. 13, all people and property in the squares will be subject to enforcement of local laws, according to Portland Mayor Sam Adams.

Thanksgiving dinner cost up 13 percent

thelatestThe average cost of a traditional Thanksgiving dinner is up 13% this year compared to last year.

Washington privatizes liquor sales

thelatestWashington voters approved a plan to privatize liquor sales, ending state rules that have been in place since Prohibition. It was the costliest initiative campaign in state history. Could Oregon follow suit?

Toyota profits slide 19%

thelatestToyota Motor Corp. reported a 19% drop in profit due to parts shortages from Japan's March earthquake and tsunami, as well as the yen's rapid appreciation against the dollar.

Groupon shares jump 50%

thelatestGroupon shares jumped more than 50% to almost $31 in its public debut Friday, showing strong demand for a company whose business model is considered unsustainable by some analysts.

Jobless claims fall

thelatestNew claims for unemployment benefits fell to the lowest level in five weeks, a hopeful sign for the still-weak job market.