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Oregon Business Report

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Located in Portland

Last update: February 22nd, 2017 at 07:20 pm

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33 post clicks in the past 90 days

Bullard Law, Portland law firm We created the Bullard Edge Awards, more popularly known as the BEAs.  Annually the BEAs recognize outstanding or infamous achievement in employment law.  There is not a nomination in every category every year.  It all depends on the year that was. This morning the BEA committee revealed th

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OSBA Works Against Small Business Tax Increase By Oregon Small Business Association, Oregon Small Business Association President T.J. Riley appeared before the Senate Committee on Finance and Revenue  to testify against SB 165. This bill would force small businesses across Oregon to add at least one full-time equivalent em

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Alaska Air Group Press Release, Employees of Alaska Air Group companies Alaska Airlines and Horizon Air are receiving $100 million in bonuses, following a record fourth quarter and record full-year earnings announcement. For most employees, this equates to more than 8 percent of their annual pay in 2016. The company’s

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by Brad Houle, CFA Executive Vice President Ferguson Wellman, A leading Oregon financial firm For the week, the equity markets were higher by about 1.25 percent as investors absorbed Janet Yellen’s testimony to Congress and the stronger-than-expected economic data that was posted. Interest rates were higher with the 1

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U.S. Chamber of Commerce, Ahead of Israeli Prime Minister Benjamin Netanyahu’s visit to the White House, the U.S. Chamber of Commerce’s U.S.-Israel Business Initiative today released a series of policy recommendations for the new Congress and administration aimed at strengthening the U.S.-Israel economic relationship. T

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Ater Wynne LLP NW Law firm Federal legislators have renewed steps to repeal — or at least undermine — the prevailing wage requirements under the Davis-Bacon Act, which mandates payment of prevailing wages and benefits to workers employed under federally-funded or assisted contracts in excess of $2,000 for the co

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Bullard Law, Portland law firm Longtime readers of The Bullard Edge (which is everyone, right?) will recall that we first addressed the marijuana law evolution in our fifth post, titled “When Mary Jane Brought a Pot Brownie to Work” (April 15, 2014).  Here is some of what we said in that post.​ Prediction 1: In [R

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By Oregon Employment Department, Per Capita Personal Income in Oregon’s Counties  In 2015, Oregon had a per capita personal income (PCPI) of $43,783. The PCPI ranked 29th in the United States and was 91 percent of the national average, $48,112, according to the U.S. Bureau of Economic Analysis. In Oregon, the 2015 PCPI i

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by Ralph Cole, CFA Executive Vice President of Research Ferguson Wellman, A leading Oregon financial firm The Week in Review February 10, 2017 – It was another solid week in the markets. The S&P 500 was up almost 1 percent to record highs. Interest rates were relatively quiet with the 10-year Treasury finishing th

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National Retail Federation, The National Retail Federation released its economic forecast for 2017, projecting that retail industry sales, which exclude automobiles, gasoline stations and restaurants, will grow between 3.7 and 4.2 percent over 2016. Online and other non-store/online sales, which are included in the overall

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Nearly One in Four Workers in Oregon is 55 or Older By Oregon Employment Department, Oregon’s workforce is aging. The number of Oregon jobs held by workers age 55 and over tripled from 1992 to 2015, while the total number of jobs grew by just 42 percent. Workers 55 and over held just 10 percent […]

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Look Both Ways Before You Tax By Anthony K. Smith As of February 1, the Oregon Legislative Assembly is back in session. Among the most talked about issues for the Legislature to tackle will be the 2017-2019 state budget and funding a major transportation package. At the heart of both discussions will be taxes. Most […

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Oregon Congressman Kurt Schrader, Press Release, Congressman Kurt Schrader (OR-5) released the following statement on the President’s Executive Order to Reduce Regulation and Control Regulatory Costs: “For years I’ve heard from schools, teachers, small business owners, farmers, workers and taxpayers in my district tha

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 by Jason Norris, CFA Executive Vice President of Research Ferguson Wellman, A leading Oregon financial firm The Week That Was It was an active week on the political, economic and Fed front, but markets were generally quiet. The S&P 500 finished mildly positive, while the 10-year U.S. Treasury yield remained at 2.49 pe

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U.S. Chamber of Commerce The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness (CCMC) released Essential Information: Modernizing Our Corporate Disclosure System, a white paper exploring the future of corporate disclosures and why materiality is, and should remain, the guiding principle for public comp

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By Oregon Dept. of Justice, Joint Statement Issued By A.G.’s Of NY, CA, PA, WA, MA, HI, VA, OR, DC, CT, VT, IL, NM, IA, ME & MD “As the chief legal officers for over 130 million Americans and foreign residents of our states, we condemn President Trump’s unconstitutional, un-American and unlawful Executive

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Bullard Law, Portland law firm The National Labor Relations Board recently pursued an outcome that was unfair to business.  (“I’m shocked, shocked to find that gambling is going on in here!”)  Fortunately, the First Circuit Court of Appeals rejected the NLRB’s arguments. This is really a simple case.  People

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BOLI Makes Critical Change to Interpretation of Manufacturing Overtime Law By Ryan Orr, JD, HR and Compliance Consultant Cascade Employers Association In Oregon, mills, factories, and manufacturing employers must calculate weekly overtime for employees working more than 40 hours per week, as well as daily overtime for emplo

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by Brad Houle, CFA Executive Vice President Ferguson Wellman, A leading Oregon financial firm Market Summary January 27th –  The equity markets were higher by about 1.3 percent compared to last week as investors absorbed fourth quarter earnings and reacted to the changes in Washington. Interest rates were higher, wit

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Comcast News Release, The Portland-based cast and crew of NBC’s “Grimm” will, for the last time, celebrate the star-studded “Grimm Gala” on Saturday, Jan. 28, 2017 to benefit the children and families of OHSU Doernbecher Children’s Hospital. Presented by Comcast and NBCUniversal, the sold-out event is a fundrais

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By Fred Thompson, Oregon Economics Blog So Portland has a problem with affordable housing.  Rents are high and increasing, which sucks for all those looking for rental housing (and is great for those with property to rent) and property values are soaring which is great for those who own homes but bad for those that […

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By Josh Lehner Oregon Office of Economic Analysis Blog Average wages in Oregon are picking up as the economy approaches full employment. The graphs below aim to help place these gains in a better historical context. The first chart shows inflation-adjusted wages in Oregon in recent decades. The figures noted in the graph ar

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Wall Street Journal Editorial, Jan 18, 2017 If you start a rock band and give it a shocking name, can the government prevent you from trademarking it? That’s the question for the Supreme Court Wednesday as the Justices decide if the feds can discriminate against trademark applications based on the viewpoint of the speech.

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by Shawn Narancich, CFA Executive Vice President of Research Ferguson Wellman, A leading Oregon financial firm What has become known as the Trump Trade has delivered strong equity returns since election day last fall, with the benchmark S&P 500 rising by 6.5 percent over this period. More remarkable is the fact that the

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Associated Builders and Contractors, ABC, along with a broad coalition of 380 stakeholders, sent a letter to Speaker of the House Rep. Paul Ryan (R-Wis.) urging him to make the Regulatory Accountability Act (RAA) an early priority for the 115th Congress. The bill seeks to improve the transparency of regulations by requiring

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By Dr. Eric Fruits, Oregon Economist On Demand Newsletter Employee of the Month. Sounds like a great idea. For the price of a cheap plaque and a good parking spot, bosses can motivate employees to deliver superior service. So the thinking goes. Academics call it “status competition.” And sometimes it backfires. Wells Fa

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By Oregon Employment Department, Our latest quarterly job vacancy survey results show Oregon businesses reported 52,300 job vacancies in fall 2016. That’s an increase of 7,400 job vacancies compared with the prior fall. The job vacancy numbers reflect continued, strong employment growth in the state. This fall the 2-t

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By Fred Thompson, Oregon Economics Blog With the start of another legislative session, calls for wholesale tax reform are again being heard. Frankly, most state tax-policy specialists are dubious of big reforms. My Georgia State University colleague, Carolyn Bourdeaux, for example, boils the typical reform process down to t

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by Ralph Cole, CFA Executive Vice President of Research Ferguson Wellman, A leading Oregon financial firm January 13th — After rallying into the end of 2016, both interest rates and the stock market took a little breather this week. The S&P 500 finished the week basically flat, while the yield on the U.S. 10-year

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Oregon Congressman Greg Walden, Committed to growing the economy and protecting small businesses in Oregon, U.S. Rep. Greg Walden (R-Hood River) supported bills passed by the House this week to rein in costly, burdensome, and overreaching federal regulations. Below is a transcript from Walden’s video release applauding th

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