Stay informed about business news and updates in Portland, OR.
EO Media Group, the owner of The Bend Bulletin, is set to be acquired by the same company that purchased Pamplin Media Group earlier this year. This acquisition comes amidst major cuts announced by EO Media, highlighting the ongoing challenges within the local media landscape.
Dennis Uniform has announced a permanent mass layoff, affecting all 111 employees at its Southeast Hawthorne Boulevard location in Portland, Oregon. The terminations will take effect on Friday, Oct. 19, marking the end of the company's century-long presence in the school uniform industry. This significant development raises concerns about the local economy and the impact on workers and families reliant on the business.
Shari's Restaurants has abruptly closed all its Oregon locations amid mounting financial difficulties, including eviction notices, unpaid bills, and back taxes. The Beaverton-based chain's closure highlights significant challenges facing local businesses in the current economic climate. This development raises concerns about job losses and the future of dining options in the area.
Drew's Grocery in Toutle, Washington, a crucial community store, faced destruction from a fire but is now in the process of rebuilding. Owner Greg Drew is determined to restore the store's services to the local community, continuing to serve customers from a temporary trailer in the meantime.
Shari's has permanently closed all of its restaurants in Oregon, leaving customers surprised as lights remained on but doors were locked. The closures signal a significant change for the popular dining chain, known for its pies and family-friendly atmosphere. This decision impacts both employees and patrons across the region.
Boeing and the International Association of Machinists (IAM) have reached a new contract proposal that could potentially end the ongoing strike by machinists. The proposed contract includes significant wage increases and bonuses, appealing to union members as they prepare for a vote. This development holds substantial implications for both the workers and Boeing's operations.
Boeing plans to reduce its workforce by approximately 10% amid financial struggles and ongoing strikes affecting airplane production. The decision comes as the company navigates significant challenges in operations and profitability. This move is expected to impact a large number of employees and the broader aerospace industry.
Fed up with increasing vandalism, crime, and associated fees in Portland, business owner Tim Brunner has decided to relocate his operations to Tigard. His frustrations highlight the challenges faced by local businesses amid rising urban issues.
The Portland City Council has unanimously approved a new Live Nation venue following public testimony that rejected an appeal to block its development. The decision marks a significant development in the Central Eastside Industrial District, addressing ongoing land use issues in the area.
Old Town Portland is experiencing a significant resurgence, positioning itself as a model for future manufacturing practices. The revitalization focuses on sustainable development and innovative urban planning, which could serve as a blueprint for other regions.