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Rose Festival CEO expects $1.1 million 2024 loss

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The historic Portland nonprofit foundation hosts CityFair and the Starlight and Grand Floral parades, but its future is in doubt as financial losses mount. ...

Clackamas Town Center owner defaults on $191M debt as anchor-tenant leases loom

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The default comes just months ahead of a slate of scheduled lease expirations for nearly half of the rentable space at the 1.4 million-square-foot shopping...

In-N-Out plans to open first location in Portland

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The fast food chain is opening three other locations throughout the metro area. The closest location to Portland is in Keizer, north of Salem. ...

New Seasons CEO steps down; new leader named

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A New Seasons spokesperson said that longtime New Seasons executive Dave Kauder will take over day-to-day operations in the new role of senior VP of...

OHSU Knight Cancer Institute CEO Brian Druker resigns amid tumultuous year

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Dr. Brian Druker's resignation comes after a tumultuous year for OHSU with massive layoffs, the abrupt resignation of President Danny Jacobs and a planned merger....

Historic Portland business Miller Paint acquired by Northwest competitor

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Both companies have a long history in Portland, but Miller Paint dates back to the late 1800s and has been employee-owned since 1999. PORTLAND,...

After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical

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Concerns about range, charging infrastructure and higher prices are sore points among both electric car enthusiasts and skeptics in Europe and the U.S. DETROIT...

Pentagon audit: Boeing marked up soap dispensers 8,000% for C-17 spare parts

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Since 2011, the U.S. government has awarded Boeing more than $30 billion in contracts to purchase needed spare parts for the C-17 and be reimbursed...

OHSU President Danny Jacobs to resign

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Jacobs announced his retirement in an email to OHSU employees Thursday. PORTLAND, Ore. — OHSU President Dr. Danny Jacobs is resigning, and the board...

Wells Fargo to shift operations from sites in Portland, Hillsboro and Salem, report says

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The cuts will come in the bank's global operations unit, which employs around 1,000 workers at the sites. Some employees will be offered the chance...
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