The much-anticipated Facebook IPO didn't do much to lift the market on Friday.The Dow Jones Industrial Average closed down 73.11 points to 12,369, the NASDAQ closed down 34.90 points to 2,778 and the S&P 500 closed down 9.64 points to 1,295.The Davidson 9...
Auberge Resorts will manage Pronghorn Golf Club & Resort in a deal that will make the Bend-area project one of the region?s first five-star destinations.The Resort Group, a Honolulu-based investment group that acquired Pronghorn in February, signed a deal...
Schnitzer Steel Industries Inc. (Nasdaq: SCHN) has lost nearly 20 percent of its stock value after warning investors that it expects to deliver disappointing third-quarter earnings.The Portland-based company expects it sales volumes to fall slightly for t...
Editor's note: Each week, the Portland Business Journal compiles lists ranking local businesses by industry or topic. This post is just a teaser ? subscribers can view complete lists in the latest issue, which include more businesses with contact informat...
The Metro Council, which oversees the area?s regional government, has agreed to take a closer look at a new Portland-to-Gresham transit corridor.The Council agreed to examine whether a corridor running between, roughly, Portland State University and Mt. H...
The Burnside Bridgehead project has landed another high-profile tenant.The Software Association of Oregon will move into the project, along the Willamette River?s east bank immediately north of the Burnside Bridge, in mid-2013.In the meantime, the group w...
Platt Electric Supply of Beaverton is being acquired by Rexel for $382 million.France-based Rexel is one the U.S.' largest electrical distributors through its subsidiaries Rexel Inc. and Gexpro. It operates close to 300 branches nationwide and provides se...
Hewlett-Packard will reportedly announce plans to cut between 25,000 and 30,000 jobs over the next year or so when it posts earnings next week.As the Silicon Valley / San Jose Business Journal reports, news organizations including All Things Digital, Bloo...
A high-ranking delegation from the South Korean government was in Portland Thursday to sign a memorandum of understanding with Portland Mayor Sam Adams formalizing a partnership to work together on sustainable city development.As Sustainable Business Oreg...
Good magazine released a list of 40 companies that its editors determined are making the world a better place. Portland has three of its companies on the list: gDiapers, Keen Footwear and New Seasons Market.As Sustainable Business Oregon reports, companie...
