Oregon news

• Lawmakers hear testimony on $1 billion business tax proposal

  19-04-2019 23:43 via feeds.bizjournals.com
  Oregon lawmakers on Thursday heard more than two hours of testimony on a proposed corporate tax that would raise an estimated $1 billion in new revenue annually and dedicate the money to K-12 public schools.Raising $2 billion per biennium for education is a top priority of Gov. Kate Brown.
  The proposed tax would be coupled with a reduction in personal income tax for the state's lowest three income brackets.
  The business tax would be levied against gross receipts in Oregon of $1 million or more.&
  
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• $157M acquisition of Portland cannabis company closes

  19-04-2019 23:20 via feeds.bizjournals.com
  Acreage Holdings closed its all-stock acquisition of Form Factory, the Portland-based cannabis product co-packer, this week. Announced at $160 million in December, the deal closed at $157 million, Acreage said.But Form Factory appears on its way to becoming part of an even bigger cannabis operation, as an industry heavyweight positions itself for a post-prohibition future.Canopy Growth, a Canadian company traded on the New York Stock Exchange (NYSE: CGC), subsequently announced a definitive agre
  
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• 6 Oregon execs vying for Entrepreneur of the Year honors

  19-04-2019 23:05 via feeds.bizjournals.com
  Six Oregon entrepreneurs are among the finalists for this year’s Pacific Northwest Region Entrepreneur of the Year Award from the professional services firm EY.The award celebrates leaders of high-growth companies for their business performance and community work. The program recognizes leaders in more than 145 cities from around the world.Winners will be announced at a gala on June 14 in Seattle. Finalists from 21 companies will be vying for the honor. Past Oregon winners include: Mike Fr
  
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• Aequitas Capital No. 2 Brian Oliver pleads guilty to criminal charges

  19-04-2019 22:40 via feeds.bizjournals.com
  Brian Oliver, Aequitas Capital's longtime No. 2 executive, on Friday pleaded guilty to conspiracy to commit mail and wire fraud and conspiracy to commit money laundering. He is scheduled to be sentenced on Aug. 5. Oliver is the first former Aequitas Capital executive to be criminally charged. The Oregonian first reported the criminal charges and guilty plea.
  Once a high-flying Lake Oswego investment firm, Aequitas collapsed in February 2016. At one point it claimed to manage $1.7 billion in
  
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• Creative agency Match Marketing opens Portland office

  19-04-2019 20:59 via feeds.bizjournals.com
  Creative agency Match Marketing Group has opened a Portland office in order to be closer to local clients, notably Adidas.The new office, on North Killingsworth Street, is near the Adidas North America headquarters in North Portland.
  "Our particular approach to experiential and content marketing relies on us working in very close partnership with our clients," said Christian Gani, managing director of Match Marketing’s Boulder, Colo., office, in a news release. "Driving their business succ
  
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• Kaiser Permanente applies predictive analytics to suicide prevention

  19-04-2019 19:52 via feeds.bizjournals.com
  The Kaiser Center for Health Research analyzed certain data points in the medical records of 25 million Kaiser members across the country.
  
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• Tektronix taps a new president

  19-04-2019 19:15 via feeds.bizjournals.com
  Test and measurement company Tektronix has named Tami Newcombe president.The move comes just four months after the company, which was an early leader in setting up Oregon as a hardware technology center, named Marc Tremblay to the post. However, Tektronix parent company, Fortive, has tapped Tremblay to lead a different company in its portfolio.Tremblay is now president of Fluke, another test and measurement company.Newcombe joined Tektronix in 2017 as commercial president where she oversaw&helli
  
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• Court strikes down key parts of DOL’s association health plan rule

  19-04-2019 18:52 via feeds.bizjournals.com
  A U.S. District Court for the District of Columbia recently dealt a blow to the Department of Labor’s (DOL) efforts to expand access to employment-based health coverage through association health plans (AHP), striking down key parts of the DOL’s AHP final rule.
  In State of New York et. al. v. United States Department of Labor, Judge John Bates determined that the DOL exceeded its regulatory authority and found that the final rule constituted an “end-run around the [Affordable C
  
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• Five Things for Friday, including Colin O'Brady's chat with Paul Simon in Antarctica

  19-04-2019 17:24 via feeds.bizjournals.com
  I was out yesterday, so I'm running to catch up today. Let's cut right to the Five Things chase.
  To Graceland via AntarcticaFor this week's PBJ Interview, I sat down with Colin O'Brady, the Portlander who completed an epic crossing of Antarctica in December — and who also had a memorable phone conversation with none other than Paul Simon in the middle of that adventure.
  Read all about it here.
  Milling about
  You're gone for one day and the entire deal to develop Centennial Mills falls&helli
  
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• Q-and-A: Laura Day, operations director of Yerba Buena

  19-04-2019 01:17 via feeds.bizjournals.com
  The insider weighs in on regulation, interstate trade and the banking issues that have vexed her sector.
  
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