Oregon news

• Health care advocate plugs solutions to combat rising costs

  17-04-2019 23:50 via feeds.bizjournals.com
  The cost of a mid-level individual health insurance plan in Oregon nearly doubled between 2014 to 2019, to $443 a month.Rising health care costs combined with federal policy changes have undermined the market geared to consumers who buy their own insurance, limiting their "ability to obtain comprehensive insurance at a reasonable price,” concludes a new report from OSPIRG Foundation and Frontier Group.OSPIRG is a nonpartisan consumer advocacy foundation.“A Better Health Insurance Mar
  
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• U.S. Bancorp could close up to 450 branches systemwide

  17-04-2019 22:44 via feeds.bizjournals.com
  U.S. Bancorp could close up to 450 branches in the coming years as more of its customers use digital tools for transactions and rely on brick-and-mortar locations less.
  CEO Andy Cecere said in an earnings call Wednesday that the bank expects to close somewhere between 10 to 15 percent of its roughly 3,050 branches systemwide.
  Minneapolis-based U.S. Bank, like many banks, is cutting branches in response to demand. U.S. Bank reported more than 30 percent of its loan sales were from digital tools&h
  
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• What's a wind-powered bus?

  17-04-2019 22:31 via feeds.bizjournals.com
  Here's what makes TriMet's claim legitimate.
  
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• Jama Software cuts staff in reorganization

  17-04-2019 22:11 via feeds.bizjournals.com
  Jama Software has reorganized several areas of its business resulting in some layoffs.News of the changes was first reported in the Oregonian. The company confirmed the information but would not offer any details on numbers. Citing unnamed sources, the Oregonian put the cuts at more than 12 people.In a written statement CEO Scott Roth said the restructuring included combining the sales, marketing and partner teams into one group and combining product and engineering teams into another group.&ldq
  
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• Nike, Under Armour veteran joins Dutch Bros.

  17-04-2019 22:00 via feeds.bizjournals.com
  Dutch Bros. Coffee has hired Rick Anguilla to be the company's first chief marketing officer. Anguilla is the company's third significant executive hire since it announced a major private equity investment in October.In March, the company named former United Way of the Columbia-Willamette Keith Thomajan chief of staff. In January, the company named former Adelsheim Vineyard CEO Joth Ricci president.
  Anguilla's resume includes strategic marketing and communications roles at Nike and Under Armour.
  
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• Report: Sneaker resale market could hit $6 billion by 2025

  17-04-2019 21:19 via feeds.bizjournals.com
  The research firm Cowen on Monday said North American consumers now spend more than $2 billion a year in the secondary market for sneakers.
  The firm said the resale market could pass $6 billion annually by 2025 as hard-to-get athletic footwear remains coveted.
  The prediction is good news for Portland's economy, where the sportswear business is considered a signature industry, thanks to the corporate homes of Nike Inc., Adidas North America and Columbia Sportswear Co. Baltimore-based Under Armour
  
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