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 …
PORTLAND, Ore – Portland Police say they received more than a dozen reports of slashed vehicle tires from around 5:00 p.m. through 9:00 p.m. Tuesday. The area of the crime spree was around Southwest Morrison to Jefferson Streets, 12th to 18th Avenues.
Officers believe homeless men could be doing the slashing. Some witnesses say they saw both a white and African …
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 …
PORTLAND, Ore. — The State of Oregon is holding a special election today. At stake are things like school board members, tax levies and some local issues. Not every city or county has something going on and there are no statewide issues or races to decide.
A few local highlights include:
Multnomah County – Reynolds district $125 million dollar school bond; Gresham …
PORTLAND, Ore. — 23-year-old Alistair Corkett spoke at OHSU Thursday. It was the first time he had spoken publicly since he collided with a truck Sunday, nearly taking his life and costing him his leg.
A truck was turning northbound from SE 26th Avenue onto Powell Boulevard and slammed right into Corkett. He says seconds after it happened, he literally saw …