The Latest

Home prices climbing in half of U.S., but not in Portland

thelatestHome prices climbed in August in half of major U.S. cities, a sign that prices are beginning to stabilize. However, prices remained stagnant in Portland. 

Wikileaks suspends operations

thelatestWikileaks has suspended operations after many U.S.-based financial institutions blocked donors from giving money to the organization. Founder Julian Assange says it may have to shut down permanently.

Chinese solar companies dispute SolarWorld's complaint

thelatestChinese solar manufacturers say that SolarWorld's U.S. trade complaint is one-sided.

Oregon unemployment stuck at 9.6 percent

thelatestOregon unemployment remained stuck at 9.6% in September as state and local governments cut jobs.

The seven biggest economic lies

imo-blogThe President’s Jobs Bill doesn’t have a chance in Congress — and the Occupiers on Wall Street and elsewhere can’t become a national movement for a more equitable society – unless more Americans know the truth about the economy, says Robert Reich, Chancellor's Professor of Public Policy at the University of California at Berkeley.

Blackberry outage threatens troubled company

thelatestA growing outage in Blackberry service threatens parent company Research In Motion Ltd., an already troubled company.

Obama's jobs bill faces first hurdle with Senate vote

thelatestPresident Obama’s jobs bill meets its first big test today as the Senate moves toward a vote on whether to take up the legislation, the centerpiece of Obama’s efforts to revive the economy.

Why we mourn Steve Jobs

thelatestIt is a strange thing to mourn the death of the chairman of one the most profitable companies in the world. But we do. Alexis Madrigal, a senior editor at The Atlantic, explains why.

Anonymous vows to attack NYSE

thelatestThe group of hacker-activists known as Anonymous has vowed to erase the New York Stock Exchange "from the internet" on Oct. 10, in support of the Occupy Wall Street protests.

Amazon's Bezos unveils Kindle Fire

thelatestJeff Bezos, founder of Amazon.com Inc., unveiled the Amazon Kindle Fire, a $199 tablet considered to be the first credible response to the Apple iPad.

Health-benefit costs rise

thelatestThe cost for businesses to buy health coverage for workers rose the most this year since 2005 and may reach $32,175 for a family in 2021. The average cost of a family policy is currently at $15,073.

Is Meg Whitman up to running HP?

imo-blogMeg Whitman is allegedly a top pick to be Hewlett-Packard's next CEO, but the to-do list is massive and it's unclear whether swapping leaders will make that much of a difference, says columnist Larry Dignan of CNET News.

Oregon foreclosures trending down

thelatestMarkedly fewer home foreclosures are being filed in 2011, according to the latest figures released by Eugene-based Gorilla Capital, the state’s largest purchaser of homes sold at foreclosure auction.

Oregon unemployment ticks higher

thelatestJob cuts in Oregon government, primarily at school districts, have helped keep the state's unemployment rate high. Oregon's seasonally adjusted unemployment rate was 9.6 percent in August, up slightly from 9.5 percent in July.

Oregon Business named top 3 business publication in nation

thelatestOregon Business magazine has been named one of the top three small business-to-business publications in the nation by the American Society of Business Publication Editors.

Oregon launches Wellness@Work

thelatest

Two years of collaboration between the Oregon Health Authority and business leaders has resulted in a new initiative called Wellness@Work. The initiative's website launched this week with tools for companies to check their current wellness level and simple ideas on how to improve the health of employees.

Supportland racks up points for local businesses

thelatestHow often have you reached into your wallet for a punchcard to use at a local business only to realize you left it at home, or you don't have the right one? Portland-based Supportland aims to fix this problem by providing one swipeable card for numerous businesses.

Global giant buys majority stake in Otak

thelatestOkay, so Otak is no Stumptown. Actually, Otak is twice as big as Stumptown, and while it may not have a fanatic customer base among hipsters, it does have 300 employees with deep expertise in how to make cities work better. So when a foreign company buys a majority stake in Otak, it’s a big deal for Oregon.

Knowledge Universe CEO resigns

thelatestAfter only five years, Felicia Thornton, CEO of Knowledge Universe/U.S. Operations, has resigned for personal reasons. Knowledge Universe, which has its headquarters in Portland, is one of Oregon’s largest employers.

Oregon Business wins 12 honors

thelatestOregon Business magazine has won 12 awards from the Society of Professional Journalists, including first place in the General Excellence category.

Klamath water brings jobs optimism

thelatest

Last year drought in the Klamath basin delayed irrigation flows until mid-May.  The water shortage meant millions of dollars lost from unplanted crops and rough economic ripples through an already beleaguered community. But irrigation started on time this year, and that has the area hoping for job creation.