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US Trade Court rules against 10% global tariffs, La Grande gets $500k from FEMA, Columbia Sportswear to face trademark trial with Columbia University, Iranian war escalates on new military attacks, Boeing CEO goes to China, Billionaire Vinod Khosla submits bid to buy Seahawks.
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PNW Market Look
As of market close 5.7.26
$AAON ( ▲ 8.05% ), parent company to Redmond, OR BASX, up 30% on strong Q1 revenue.
Headline Roundup
‘Watershed moment for Oregon’: State’s landmark corporate medicine law passes first major test (ORL)
Federal court rules against new global tariffs Trump imposed after loss at the Supreme Court (AP)
Trump administration order cost WA coal plant $20M, company says (ST)
Oregon Supreme Court OK’s Washington County’s ban on flavored tobacco sales (OPB)
Private school moving forward with second Bellevue location (DJC)
Owner of Salem Restaurant, Donatellos, Ordered to Pay More Than $96,000 After Tax Evasion Plea (SBJ)
Caldwell approves massive subdivision and commercial project (IDP)
Oregon data centers must pay more for electricity, state regulators rule (ORL)
La Grande to receive $500K from FEMA (LGO)
Trademark dispute pits Columbia against Columbia University (PBJ)
US says it has targeted Iranian military facilities after responding to attacks on navy ships (Ground)
Software stocks stage a comeback. Plus, why Boeing’s CEO going to China matters (CNBC)
Medical devices maker to close Mukilteo plant, move work out of US (PBJ)
Investors with ties to Celtics, 49ers reportedly among bidders for Seahawks (PBJ)
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Community Highlight
Bogus Basin announces summer opening date, operations schedule (IDP)
Rip’s Spotlight
50-year-old Bellingham landmark gone for good after WSDOT relocation plan falls through (MNW)
“The Bellingham Rock will not be relocated after all, the Washington State Department of Transportation (WSDOT) stated in a news release Wednesday.
WSDOT planned to relocate the rock because it was in the way of the I-5 fish passage project. Crews were going to break the rock apart and then relocate it to private land, where the owner agreed to display it to the public, but the agency stated, “Based on the way the rock broke apart, it will not be relocated.”
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