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New owner of Portland Tribune, other Oregon newspapers lays off some staff
Carpenter Media Group purchased the chain of community newspapers last month.
Nike shuffles top innovation executives
Nike veteran John Hoke will now oversee the company's innovation work. Tom Clarke, who previously served as president of innovation, will serve as a senior adviser to CEO John Donahoe.
Nike slashed its sustainability workforce after a pledge to reduce its carbon footprint
Since December, Nike has lost about a third of employees who worked primarily on sustainability to layoffs, voluntary departure or reassignment.
Nike taps retired executive to shore up third-party sales key to its turnaround plan
In his new role, Tom Peddie will serve as vice president of marketplace partners. He retired in 2020.
Nike trimmed from the top in recent layoffs, new disclosure shows
More than two out of five jobs eliminated at the company’s Oregon headquarters were vice presidents, senior directors or directors.
Nike stock has worst day on record, wiping out $28 billion in value
Late Thursday, the company said it expects sales will decline in the fiscal year that started June 1.
Nike shares dive as sales slow, CEO Donahoe says company taking ‘challenges head-on’
The sportswear giant on Thursday released an earnings report that shows its turnaround plan remains a work in progress.
As new problems pop up at Rudy’s and See See, a Sortis investor and former executive demand more information
Sortis Holdings Executive Chairman Paul Brenneke says the company is working “tirelessly” to save jobs.
Trump, Biden drawing more protest votes than recent Oregon presidential primaries
A higher percentage of Oregon voters on Tuesday cast “protest votes” than in recent presidential primaries.
Portland voters renew gas tax for road repairs
Voters were asked whether to approve the measure to generate $70.5 million over four years for roads, sidewalks and crosswalks.
Port of Portland reverses decision to end cargo container handling as Gov. Tina Kotek proposes $40 million infusion
The Port of Portland in April announced that shipping container service would end in October.
Hoka expands Portland operations, leases space near Providence Park
The news signals ongoing strength in the region’s athletic footwear industry, which was bruised by recent Nike layoffs.
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