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Portland Business Journal
Portland bakery and chocolate shop to close this month
This story is available courtesy of Portland Business Journal media partner KGW-TV.<\p> Longtime Southeast Portland mainstay Jaciva's Bakery & Chocolatier will close its doors on June 29, the business announced Tuesday. <\p>
Ex-Portland energy exec to head high-profile proptech startup
Former Powin President Anthony Carroll revealed Thursday that he is the new chief executive officer at Veev, a Bay Area tech-centric prefab homebuilder that recently survived a near-death experience.<\p> Veev had raised $650 million in its 15-year history, but was reported to be closing its doors last November after a new round of funding failed to come together. A month later, homebuilding giant Lennar Corp. (NYSE: LEN) acquired the company.<\p>
OPB taps a national news leader as its new CEO and president
Oregon Public Broadcasting has a well-pedigreed new president and CEO.<\p> Rachel Smolkin, who counts experience with CNN Digital, will take over from Steve Bass, OPB's board revealed Thursday morning. She's "a veteran journalist focused on changing audience needs," the board explained in a release.<\p>
New No. 1 proudly stands atop The List of LGBTQIA+ businesses
As Pride Month gets underway, you may notice even more rainbow flags than usual adorning businesses across the Rose City and beyond.<\p> a recent study found that Oregon was second only to the District of Columbia in the share of LGBT-identifying adults at 7.6%.<\p>
West African food cart goes brick and mortar with Pearl location
Ghanaian food cart Black Star Grill will open this summer in the Pearl, at 110 N.W. 10th Ave., in the space vacated by NOLA Doughnuts last year. <\p> The move from cart to a full brick-and-mortar restaurant has been a long time coming for chef-owner Enoch Aggrey and Victoria Agorsah. The couple started cooking and serving up food from Ghana, where they were both born, in 2017 from a cart near the Portland State University campus. <\p>
Here's where Oregon companies landed in the Fortune 500
Oregon's two companies on the Fortune 500 made gains on the annual list of largest U.S. companies.<\p> Nike (NYSE: NKE), the largest Oregon-based company, landed at No. 88 on this year's list, just below Liberty Mutual Insurance and above Oracle. That is five spots higher than its place on 2023's list. <\p>
The National Observer: Sign of reversal seen amid loan delinquencies
Welcome to The National Observer, a roundup of top business news and actionable insights from across The Business Journals network of publications. Today we've got stories on a decline in asking prices in the housing market, a shift in consumer-spending habits and changes coming to Cracker Barrel restaurants. But first, we go inside the numbers on still-rising delinquencies among loans backed by commercial real estate.<\p> Get more stories like these every day in your inbox by subscribing to The National Observer newsletter.<\p>
Why PGE is taking a 20% stake in a new $3.2B power line
As promised, Portland General Electric (NYSE: POR) is acting to connect with energy markets in far-flung regions — including the wind power-rich Great Plains — that could help it meet decarbonization mandates.<\p> The state's largest electric utility said it signed a non-binding memorandum of understanding with the developers of a planned 415-mile transmission line that would stretch from Montana well into North Dakota. A final agreement is expected to give PGE a 20% stake in the $3.2 billion project.<\p>
Oregon nurses union accuses hospitals of violating new staffing rules
The Oregon Nurses Association is accusing major hospital systems of flouting Oregon’s tough new nurse staffing law, which went into effect five days ago.<\p> ONA, which represents more than 15,000 nurses at hospitals statewide, says it has received a “flood of complaints” from members of “hospital executives purposefully undermining” the safe staffing law and “worsening patient care and working conditions.” <\p>
Legacy-led suit against state psychiatric hospital clears legal hurdle
A group of major Oregon hospitals led by Legacy Health can proceed with their lawsuit alleging the State Hospital fails to provide adequate space for certain psychiatric patients, a complaint that a district court dismissed last year.<\p> Legacy, Providence Health & Services, PeaceHealth and St. Charles Health System appealed that ruling to the U.S. Ninth Circuit Court of Appeals. A three-judge appellate panel on Wednesday vacated the district court's judgment. <\p>
Introducing the PBJ's HR Leaders and Oregon's Healthiest Employers
Keeping a workforce stable, happy and healthy is a full-time job for any employer and their HR teams.<\p> And in the whirlwind recent years of Covid, the great resignation and evolving in-person and remote work models, success in that job has become even more challenging.<\p>
A Portland small business snapshot reveals mix of fear and optimism
A gripping survey of Portland small business owners reveals a solid mix of concern, optimism and pending growth.<\p> The group Bricks Need Mortar released the survey this spring. The survey explores members' takes on employment, crime, revenue and other key topics. The surveyed businesses include those from the restaurant, retail and service sectors.<\p>
Oregon's ex-governor lands a key community development, tourism role
Oregon's former governor has landed another high-profile job.<\p> Kate Brown will become president of the Willamette Falls Trust, a group that's looking to provide public access to the Willamette River space. Brown will also lead the next phase of the Willamette Falls Inter-Tribal Public Access Project.<\p>
Editor's Notebook: Cuban ambassador makes first-ever Portland visit
Fidel Ferrer was understandably nervous. <\p> The founder of Portland-based Project Ledo, which provides pathways into technology for children of color and those from low-income communities through Lego robotics, has touted the program's benefits on countless occasions. He's recruited board members from Intel, Apple and other heavy hitters, and he's on track to surge past $1 million in fundraising. <\p>
Why a small change by Oregon could bolster addiction treatment
In April, the Oregon Health Authority quietly made a technical change that could greatly expand access to treatment for people with complex medical, substance use and psychiatric conditions.<\p> These are patients who have been “often turned away from residential substance use treatment,” said Dr. Eowyn Rieke, outpatient medical director at Fora Health, a substance use disorder treatment provider in east Portland. “There’s complex — and then there’s really complex.”<\p>
Healthiest Employers of Oregon 2024
Oregon's healthiest employers are assessed according to six categories: culture and leadership commitment; foundational components; strategic planning; communities and marketing; programming and interventions; and reporting and analysis.<\p>
Opinion: How patent trolls threaten Oregon's new breed of innovators
Oregon has a long track record of ingenuity.<\p> Over the years, Oregon has helped move our country forward with a unique blend of innovation, competition, and grit. Just to name a few of the inventions for which we take credit:<\p>
Landlords’ financials draw increased scrutiny from tenants
As billions are set to mature within commercial real estate-backed loans, tenants are putting extra scrutiny on prospective landlords' financial wherewithal before signing leases.<\p> And while a preference for the newest or most-updated office towers that offer a bevy of amenities remains prevalent among tenants, so too is the appeal of leasing space from a landlord with limited or even no debt on the building.<\p>
Trail Blazers call $4.6M land purchase a 'great opportunity'
The Portland Trail Blazers early this year paid $4.6 million for property in Tualatin, public records show.<\p> The land along Southwest Childs Road is near the Blazers' suburban training facility, the Oregonian first reported. <\p>
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