Following 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%.
Seasonal retail hiring helped Oregon's unemployment rate fall to 9.1%, the lowest it has been in three years.
Oregon’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.
Bank 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.
Web 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?
The 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.
Portland 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.