New Hotel To Open In Portland Monday

Posted by Pat Boyle on May 27, 2015
hotel eastlund

Images courtesy of Hotel Eastlund

PORTLAND, Ore. — Hotel Eastlund is set to open on June 1st on Northeast Grand.  Its owners, Grand Ventures Hotel LLC, have completely renovated the old Red Lion Hotel and even added a rooftop bar.

General Manager Desmond Mollendor says the bar “seats about 130 people.  We have three fire pits, trellis with heaters, speakers, lights; the views …

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Drones Only

Posted by Mike Turner on May 26, 2015

Drones have gotten so popular they now have their own store. Drones Plus has six stores nationwide and the latest is at Beaverton Town Square.

Manager Chris Griggs says thousand have come through his doors since opening five weeks ago.

Prices range from $29 to the thousands for fully outfitted drones.

Oregon Scores For Cheated Investors

Posted by Steve Leader on May 22, 2015

SALEM, Ore.–A New York bank has agreed to pay $180 million to settle a class action lawsuit from investors in Oregon and several other states.

The Oregon Treasury and Oregon Department of Justice were the sole lead plaintiffs.

Michael Cox, with Oregon Treasury, says the suit alleged investors, including PERS, lost money because  Bank of New York Mellon rigged the price of …

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Oregon Adds 7,600 Jobs in April

Posted by Brett Reckamp on May 19, 2015
unemploy slider

SALEM, Ore – Oregon’s unemployment rate declined to 5.2 percent in April from 5.4 percent in March, reaching Oregon’s lowest rate since July 2007 when the rate was also 5.2 percent. The rate is now back to where it was during 2006 through early 2008 when Oregon’s rate held steady between 5.0 and 5.5 percent.

The growth is attributed to four …

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President Obama Touts Trade at Nike

Posted by Jeremy Scott on May 8, 2015

BEAVERTON, Ore. — After staying the night in Portland following a Democratic fundraiser, President Barack Obama visited Nike headquarters on Friday morning to tout free trade and his proposed Trans-Pacific Partnership deal.

Representatives Suzanne Bonamici and Earl Blumenauer warmed up the crowd of several thousand.  Nike President and CEO Mark Parker had the privilege of introducing the President of the United States.  Parker announced a pledge …

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