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Business News in Portland, OR

Stay informed about business news and updates in Portland, OR.

Party City, including Beaverton location, to shut its doors

Party City, including its Beaverton location, is set to close permanently as part of a nationwide shutdown, affecting customers who relied on the store for party supplies and decorations.

Data shows downtown Portland business is making a comeback. But what do the business owners think?

Downtown Portland is experiencing a resurgence in business activity, according to new data from the Portland Metro Chamber. Business owners like Alshiref Eskander of Amity Artisan Goods express cautious optimism about the community's recovery post-pandemic. This article delves into the experiences and sentiments of local entrepreneurs as they adapt to the changing landscape.

Wells Fargo to lay off over 700 workers in Oregon

Wells Fargo is set to lay off over 700 workers across Oregon, impacting various locations including Hillsboro and Salem. These layoffs are part of a larger restructuring initiative, highlighting significant shifts in the banking industry. As the company responds to changing economic conditions, the ramifications for local employment are considerable.

Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

Intel CEO Pat Gelsinger has unexpectedly retired, prompting the semiconductor giant to announce interim co-CEOs Zinsner and Johnston Holthaus. This significant leadership change comes as Intel continues to navigate challenges within the highly competitive chip industry.

Trader Joe's to open new store in Milwaukie, Oregon

Trader Joe’s is set to open a new store in Milwaukie, Oregon, on Tuesday, December 3. This expansion represents the company's commitment to community engagement and local development, promising new job opportunities and community initiatives. The store will also feature a ribbon-cutting ceremony to celebrate its opening.

What we can VERIFY about Enron’s return to the internet

Enron, once a colossal energy company, collapsed in 2001 due to a massive accounting scandal, but its recent re-emergence appears to be a sophisticated joke rather than a genuine comeback. The article verifies claims surrounding this revival and its implications, shedding light on the ongoing fascination with the infamous company's legacy.

Celebrating Small Business Saturday in Portland

The article celebrates Small Business Saturday in Portland, highlighting beloved local businesses as chosen by readers. It underscores the significance of supporting local entrepreneurs, particularly during the holiday season, and showcases the vibrant business culture in the city.

Boeing issues layoff notices to 400-plus workers as it begins drastic cuts

Boeing has issued layoff notices to over 400 employees as part of a broader strategy to reduce its workforce significantly. This decision affects members of the professional aerospace labor union and signals the company's ongoing struggles in a challenging economic environment.

Report: Portland close to reaching pre-pandemic levels of tourism business

A recent report indicates that Portland is nearing pre-pandemic levels of tourism, with a record number of visitors tracked by Travel Portland. The increase in hotel stays and tourism behaviors highlights the city's recovery post-pandemic, reflecting a growing interest in the area.

Trader Joe's opens third Vancouver location, creating 100 jobs

Trader Joe's has opened its third location in Vancouver, specifically within the Columbia Crossing Shopping Center, creating 100 new jobs for the community. This expansion reflects the grocery chain's commitment to growth in the region and presents new employment opportunities. The store's opening is likely to have a positive economic impact on the local area.