Nike on Thursday announced 1,400 layoffs, mostly technology workers in the company's operations division, as CEO Elliott Hill's turnaround work continues: www.oregonlive.com/business/202...

Nike late Thursday announced a $300 million cost-cutting charge, mostly related to recent layoffs: www.oregonlive.com/business/202...

NEW: Nike says its factory workers should earn enough to pay their basic needs and have some money left over. In Indonesia, its factory workforce has shrunk where the minimum wage is considered enough to live on. And it has grown, dramatically, where the opposite is true.

Nike says factory workers should earn enough to pay their basic expenses and have some money left over. But its expansion in Indonesia over the last decade has directly undermined this goal, an analysis by @propublica.org and @oregonian.com found. www.oregonlive.com/business/202...

For @oregonian.com and @propublica.org: The average worker at suppliers that make Nike’s goods earns 1.9 times the local minimum wage, the company says. None of the workers I spoke with in Indonesia, Nike’s second-largest production hub, said they made that much. www.oregonlive.com/business/202...

An ugly injury ended his career but Marcus Lattimore could always fall back on being a South Carolina football icon. But after a few years, he started to ask: "Is this all it's gonna be for me?" He moved to Oregon, found a home and found his voice — remarkably, as a poet. New at @oregonian.com:

OHSU on Thursday announced a $2 billion gift from Phil and Penny Knight that could "revolutionize" cancer care:

Columbia Sportswear CEO Tim Boyle said he would be interested in joining Tom Dundon's ownership group “if it helped to keep the team here." He told @matthewkish.bsky.social that he would represent only a "tiny speck" of overall investment. www.oregonlive.com/blazers/2025...

Keen quietly closed its Portland factory, according to a WSJ report

Knight made an offer on the team in 2022.

Good explainer. How Trump’s Tariffs Could Affect Nike, Its Workers and Prices @matthewkish.bsky.social @oregonian.com

Lots of focus on the trade war's impact on big industry. Here's @matthewkish.bsky.social on how the tariffs are clobbering Oregon small businesses. “The reality is everything is just on hold...If this does not get sorted out in the next 90, 120 days, we will end up having nothing to sell.”

"The announcement body slammed the sportswear industry, one of Oregon’s economic engines, and one without an easy answer to Trump’s steep new surcharges on products imported from Asian countries," via @matthewkish.bsky.social www.oregonlive.com/business/202...

Meet the new boss. Same as the old boss?

People say information wants to be free, but the truth is that if @jamiebgoldberg.bsky.social didn't track down these facts, the public would never know. Watchdog reporting like this is why local news matters

Weeks before an expected trial, and days after Nike's female-focused Super Bowl ad, a sweeping sex discrimination lawsuit against the company has tentatively settled, likely ending a yearslong legal fight about its treatment of women. @matthewkish.bsky.social www.oregonlive.com/business/202...

Hundreds of Northern California investors who allege Umpqua Bank backed a customer's $450 million Ponzi scheme will make their case in a California courtroom next week. @matthewkish.bsky.social reports:

Wells Fargo on Wednesday announced 500 layoffs in Hillsboro and 221 in Salem:

Pat Gelsinger is the fourth consecutive Intel CEO with an unexpected departure. the chipmaker is once again scrambling to find a replacement.

Intel got its $7.9B in CHIPS Act subsidies. The deal includes $1.9B for spending in Oregon. The final agreement reflects Intel's delayed and scaled back expansion amid financial trouble. It's unclear when, or if, the company will build the fourth phase of its D1X research factory in Hillsboro.

Nike on Monday said Treasure Heinle will succeed Monique Matheson as the company's top human resources executive.

Still figuring out the difference between lists and feeds and starter packs, but I'm trying to put all my Oregon news sources in one spot. Is this anything? Should it have been a list? Who am I missing?

Oregon state revenues have exceeded forecasts in every budget cycle since 2011. The new state economist wants to reform the forecasts, hoping for more accurate budget projections (which would, in turn, mean smaller kickers...or none at all).

Big League Chew, which was invented by a Portland Mavericks pitcher, on Monday filed a trademark lawsuit against a licensing partner:

for local business stories, try @kcd.bsky.social @elliotnj.us @matthewkish.bsky.social @rogoway.bsky.social @jonathanmbach.bsky.social

Hello, BlueSky! We have a list of all of our reporters on here as of now. You can give the list a pin to your home feed or find your favorite Oregon journalist to follow 😉 We will see you out there in the skeets! bsky.app/profile/did:...

A team lift by @oregonian.bsky.social biz reporters: www.oregonlive.com/business/202...