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Top News & Analysis Oregon

  • The cannabis tracking system used by Avitas, a marijuana company with a production facility in Salem, is the backbone of Oregon's regulatory system to ensure businesses with marijuana licenses obey the rules and don't divert their product into the black market. A huge amount of data is entered into the system by Oregon's 1,800 licensees every day, a reality...

  • BOSTON, April 25- Proxy adviser Institutional Shareholder Services on Wednesday recommended investors vote to support a shareholder proposal calling for gunmaker Sturm Ruger& Co to report on gun safety, which could put new attention on so-called "smart gun" technology. The board of Connecticut company Sturm Ruger had recommended investors vote against the...

  • BEAVERTON, Ore. _ Digimarc Corp. on Wednesday reported a loss of $8.1 million in its first quarter. Three analysts surveyed by Zacks expected $5.5 million. Digimarc shares have dropped 26 percent since the beginning of the year.

  • WASHINGTON, April 25- FLIR Systems Inc will pay $30 million to settle government allegations it violated a U.S. law restricting military-related exports, the U.S. State Department said on Wednesday. FLIR Systems, which makes infrared cameras and thermal imaging systems, allegedly violated the Arms Export Control Act by transferring defense items to dual...

  • WILSONVILLE, Ore. _ Flir Systems Inc. on Wednesday reported first-quarter earnings of $39.2 million. Flir Systems expects full-year earnings in the range of $2.11 to $2.16 per share, with revenue in the range of $1.76 billion to $1.79 billion. Flir Systems shares have increased 9.5 percent since the beginning of the year, while the Standard& Poor's 500 index has...

  • MEDFORD, Ore. _ Lithia Motors Inc. on Wednesday reported first-quarter profit of $52.1 million. Lithia Motors expects full-year earnings to be $10.60 per share, with revenue in the range of $12 billion to $12.5 billion. Lithia Motors shares have dropped 12 percent since the beginning of the year.

  • NEW YORK, April 24- A partner of a private equity firm with Chinese state backing was found guilty in a U.S. court on Tuesday of insider trading related to the attempted acquisition of Lattice Semiconductor Corp, prosecutors in New York said. Benjamin Chow, who co-founded Canyon Bridge Capital Partners, was convicted of securities fraud and conspiracy by a jury in...

  • BOSTON— President Donald Trump has courted coal miners and cast doubt on whether fossils fuel contribute to climate change, but that hasn't translated into hostility for renewable energy— particularly offshore wind. Using federal offshore leases, wind power projects along the East Coast, including off the shores of Massachusetts, New Jersey, Connecticut,...

  • WASHINGTON— The top Senate Democrat is using marijuana's informal holiday to announce a change of heart about the drug, another sign of the growing political acceptance of pot. Senate Minority Leader Chuck Schumer of New York said Friday he'll introduce a bill taking marijuana off the federal list of controlled substances— in effect decriminalizing its use.

  • Employees work in the Mother Room at the Canopy Growth facility in Smith Falls, Ontario, Canada, Dec. 19, 2017.

    The fast-growing marijuana industry appears poised for supercharged growth after winning what cannabis entrepreneurs see as approval from the Trump administration.

  • SALEM, Ore.— Officials are eyeing ways to protect a threatened squirrel species amid plans to expand a dam in western Idaho. The Idaho Water Resource Board has approved spending up to $30,000 to study mitigation options involving the effects of the Lost Valley Dam expansion project on the northern Idaho ground squirrel, the Capital Press reported this week.

  • April 19- Weir Group Plc, which makes pumps and valves for mining and energy industries, said it would buy ESCO Corp, a U.S.-based maker of equipment parts, for an equity value of $1.05 billion as it looks to bolster its mining business. Weir shares rose as much as 6.5 percent to 2,255 pence in morning trade in London. Weir said Portland, Oregon- based ESCO, with an...

  • PORTLAND, Ore. _ Umpqua Holdings Corp. on Wednesday reported first-quarter profit of $77.7 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share. Six analysts surveyed by Zacks expected $289.3 million.

  • The White House cheered the deal, saying it was proof that Trump's trade policies were stimulating U.S. investment. The news sent SunPower's shares up 12 percent on the Nasdaq to their highest level since before President Donald Trump imposed 30 percent tariffs on imported solar panels in January. SunPower is based in San Jose, California but most of its...

  • BOISE, Idaho— U.S. officials on Wednesday approved two high-voltage transmission line routes in southwestern Idaho aimed at modernizing and improving reliability of the Pacific Northwest' s energy grid. The U.S. Department of the Interior's approval is for the two final segments of the Gateway West project proposed a decade ago by the Idaho Power and Rocky...

  • The news sent SunPower's shares up 12 percent on the Nasdaq to their highest level since before President Donald Trump imposed 30 percent tariffs on imported solar panels in January. SunPower is based in San Jose, California but most of its manufacturing is in the Philippines and Mexico. The White House did not immediately respond to a request for comment.

  • The news sent SunPower's shares up 12 percent on the Nasdaq to their highest level since before President Donald Trump imposed 30 percent tariffs on imported solar panels in January. SunPower is based in San Jose, California but most of its manufacturing is in the Philippines and Mexico. The White House did not immediately respond to a request for comment.

  • SunPower is based in San Jose, California but most of its manufacturing is in the Philippines and Mexico. SolarWorld, which is a division of Germany's SolarWorld AG, called the outcome "ideal" for its hundreds of employees in Hillsboro. SunPower shares were up 92 cents, or 11 percent, at $9.23 in mid-day trade on the Nasdaq.

  • In metro areas such as Denver, buyers are rushing to close a deal before mortgage rates get too high. And in places such as Los Angeles, where the number of homes for sale is down sharply from a year ago, sellers routinely receive multiple offers. At a time when home prices are rising faster than incomes in many parts of the country, that could be enough to shut out some...

  • Americans are getting an extra day to file their taxes after key elements of the IRS website crashed on deadline day. The IRS said that individuals or businesses with a filing or payment due Tuesday now have until midnight Wednesday to complete the task. "This is the busiest tax day of the year, and the IRS apologizes for the inconvenience this system issue caused...