Portland Business Journal

The Portland region's source for local business news & events. Part of the American City Business Journals network. Subscribe today!

[Portland Business Journal @PDXBIZJournal]

StitchStudio, a Chicago insurance software company whose founder and CTO lives in Portland, has raised $8 million. Seattle's Voyager Capital led the round for the company's AI platform. https://t.co/TLkAj7NVbm

[Portland Business Journal @PDXBIZJournal]

Nvidia CEO Jensen Huang is out after three decades, and experts say the company had no real succession plan. Interim CEO Colette Kress takes over as the stock falls amid allegations about his personal conduct. https://t.co/zz4mRT6XqS

[Portland Business Journal @PDXBIZJournal]

Corvallis-based NuScale Power has started building its first reactor modules, but it still has no firm order. The company has $1.9 billion in cash on hand, and its stock is down 63% this year. https://t.co/1wtzGtSigQ

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Bend is pushing for a foreign trade subzone that would cut tariff costs for four bioscience companies, including Lonza and Thermo Fisher. Gov. Tina Kotek supports the designation. https://t.co/nIASv4e9I7

[Portland Business Journal @PDXBIZJournal]

Portland added eight coworking spaces in a quarter, bringing the total to 87. CoworkingCafe ranks it the fastest-growing big coworking market in the country, while more than a quarter of the city's office space sits empty. https://t.co/KT7xF1FsbI

[Portland Business Journal @PDXBIZJournal]

The route launched in May as seasonal service but will not return. https://t.co/TjJfqO0SDA

[Portland Business Journal @PDXBIZJournal]

Alaska Airlines plans four new domestic routes from Sea-Tac next year: Charlotte, Jacksonville, Norfolk and Des Moines. It's also adding seasonal flights to Guadalajara, Mexico, from March to August. https://t.co/NEYYLN5801

[Portland Business Journal @PDXBIZJournal]

Nike CEO Elliott Hill has been named the 2026 Moore Admired CEO, an award named for Bob's Red Mill founder Bob Moore. Business leaders across the region chose him in a survey, citing his leadership during that has been a turbulent time for Nike. https://t.co/IaxwsKe6wW

[Portland Business Journal @PDXBIZJournal]

All flights in and out of Portland International Airport halted Friday afternoon as part of a nationwide halt of air traffic. https://t.co/cTwKmq2YJu

[Portland Business Journal @PDXBIZJournal]

Nvidia co-founder Jensen Huang, who grew up in Oregon, has stepped down. Huang is deeply invested in Oregon State University's $213M research complex and Nvidia has also invested in education and technology in the state. https://t.co/gKFMzW0Iuq

[Portland Business Journal @PDXBIZJournal]

Oregon hospitals lost $450 million last year, and commercial premiums are rising 17%. Five Portland-area health leaders talk about preparing for Medicaid cuts and what could help bring costs down. https://t.co/KKricc7EA4

[Portland Business Journal @PDXBIZJournal]

Catholic Charities of Oregon is selling its 19 affordable housing properties to California nonprofit EAH Housing for $30 million so it can focus on direct services. The properties include family, senior and supportive housing. https://t.co/lA6J6mwaq2

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A key block in downtown Hillsboro will finally break ground after years of delay. https://t.co/SZWJwtbRn2

[Portland Business Journal @PDXBIZJournal]

On Thursday, the company reported a third-quarter loss of $75.5 million with revenue of $665.3 million, down from $676.8 million a year ago. Its net loss per share was $0.71. https://t.co/wZI4X4d4XA

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Portland's Tim Leatherman has published a memoir, "The Leatherman Book," co-authored by Chris Kornelis. It covers the company's origins and includes schematics, plus a few of his favorite sayings, like "The wall always wins." https://t.co/iXh0BnZ4eZ

[Portland Business Journal @PDXBIZJournal]

Alaska Airlines plans four new domestic routes from Sea-Tac next year: Charlotte, Jacksonville, Norfolk and Des Moines. It's also adding seasonal flights to Guadalajara, Mexico, from March to August. https://t.co/vtcNf0VQCn

[Portland Business Journal @PDXBIZJournal]

Oregon's tech and startup groups held back-to-back awards this week. Renee James, who sold her chip company Ampere to Softbank for $6.5 billion, took home a lifetime achievement honor. https://t.co/EBKMnQezZr

[Portland Business Journal @PDXBIZJournal]

A California investment group just bought the 159-unit Chesapeake Pointe Apartments in Milwaukie for $23.8 million, the latest out-of-state buyer to pick up a Portland-area apartment property. https://t.co/1URZvBManV

[Portland Business Journal @PDXBIZJournal]

All flights in and out of Portland International Airport halted Friday afternoon as part of a nationwide halt of air traffic. https://t.co/VUawnJhYKT

[Portland Business Journal @PDXBIZJournal]

Nvidia co-founder Jensen Huang, who grew up in Oregon, has stepped down. Huang is deeply invested in Oregon State University's $213M research complex and Nvidia has also invested in education and technology in the state. https://t.co/4maDUhSkin