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Oregon zoo welcomes a new Red Panda, flesh eating worm detected in Texas Cattle, Apple replacing Siri with Google backed AI this Fall, Portland General Electric to cut consumer rates and increase data center rates, Oregon worst in nation for secluded hospital patients, $700m in support announced for coal industry, Pulte no longer nominee for intelligence director, Lululemon cuts outlook.

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PNW Market Look

As of market close 6.4.26

Headline Roundup

Mayor Wilson proposes doubling Seattle transit sales tax to fund transportation investment (KOMO)
Transit measure renewal includes money to support light-rail expansions (DJC)
Amazon unveils new AI warehouse robot in $12 billion Europe push (Yahoo)
Amazon wrestles No. 1 spot away from Walmart on Fortune 500 list (ST)
Everett fusion energy company Helion raises $465 million as it races toward commercial deployment (PBJ)
Boise shuts down water recycling project after cost balloons to $750 million (IDS)
Boise drops wastewater project after cost went up 1200%. Customer bills would have nearly tripled (BD)
Flesh-eating screwworm arrives in US with first case detected in Texas cattle (BBC)
Idaho Community Foundation awards nearly $1M in grants statewide (IBR)
Colas business gains edge for $70M development in Portland (DJC)
Semiconductor workforce partnership arrives in region with Boise State as the anchor (IDP)
Locked up and alone: Sharp rise in Oregon State Hospital’s seclusion of patients pushed state to worst-in-nation status (ORL)
‘You just lose hope’: OHSU shelves long-promised expansion of newborn ICU (ORL)
Boise to buy vacant land for $1.5 million for affordable housing project (IDS)
Trump announces $700 million in new support for struggling coal industry (ST)
Nearly 60 Idahoans sick after drinking raw milk in past two weeks, officials say (IDS)
Trump says Pulte won’t be his nominee for director of national intelligence (Ground)
Lululemon cuts annual outlook, citing ‘negative’ media commentary and disappointing product launches (CNBC)

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Community Highlight

Marshall Mountain shuttle returns for weekend rides this summer, fall (Missoulian)
USDA confirms first case of screwworm in the United States (Politico)

“A flesh-eating parasite that feeds on warm-blooded animals has been detected in the US for the first time since 1966.

New World Screwworm (NWS) has been advancing across Mexico for the past year and has now been found in a calf in Texas, the US Department of Agriculture (USDA) said on Wednesday evening.

"Instead of using every available tool, USDA moved too slowly and relied solely on a partial solution that takes years to fully implement," he told Reuters, referring to the release of sterile flies.”

Rip’s Spotlight

Portland General Electric to increase data center rates by 29%, cut residential rates by 1.3% (OPB)

“Portland’s largest electric utility announced Wednesday it plans to increase rates by 29% for large load users like data centers. Meanwhile, the utility’s residential and commercial customers will see a slight decrease in their rates.

Portland General Electric is making these changes as it begins implementing a landmark law that requires these large electricity customers to pay more.

According to Oregon Citizens’ Utility Board, a watchdog utility group, residential customers were paying more than twice as much per kilowatt-hour as data centers.

PGE says at least 16 data centers will be impacted by this change.

Other rate changes will include a 1.3% decrease for residential customers and a 2.2% decrease for commercial customers.”