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US Navy to escort ships in middle east, ‘superhot’ geothermal plant in OR to expand, Portland emergency management department leader accepted 6 figure severance to resign, race for Zinke’s seat heats up, markets flat since start of Iran war, Seattle ranks highest on places to live list.
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PNW Market Look
As of market close 3.3.26
Oregon Unemployment: 5.2%
Washington Unemployment: 4.5%
Idaho Unemployment: 3.6%
Montana Unemployment: 3.4%
Headline Roundup
Starbucks Selects Tennessee for Southeast Corporate Office (Tnecd)
Seattle ranked best city to live in U.S. — right as tech leaders threaten to leave over taxes (Geekwire)
Lawmakers weigh $15 million lifeline for Southern Oregon University (OPB)
Lender to Walt Bowen’s Ritz-Carlton Tower Knew Project Was in Trouble Early On, Lawsuit Says (WW)
BOLI Reverses Ruling That Derelict Vessel Removal Is Subject to Prevailing Wages (WW)
(WA) Uptown office building, to become apartments, gets its mass-timber crown (DJC)
(ID) Legislature could cut data center tax credits — except for Meta’s (BoiseDev)
More than just Micron? What’s driving Boise’s industrial boom (IDS)
Big Tech took down new data center regulations, WA lawmaker says (ST)
Planned wildlife area project in Union County hits roadblock (LGO)
How global asset managers dominate Oregon's utility sector (PBJ)
Supreme Court blocks law against schools outing transgender students to their parents in California (Ground)
Starbucks to Open Nashville Office, Relocate Supply-Chain Workers (WSJ)
(MT) Groups challenge Trump’s ’emergency’ orders that allow a Bull Mountain Mine expansion (DM)
Tourism momentum lifts Spokane-area economy (SJ)
Quaise looks to advance ‘superhot’ geothermal power plant in Oregon (CM)
(OR) Downtown’s performing arts venues will require up to $335M in upgrades by 2055 (Koin)
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What’s up with that?
Portland quietly pays bureau director $115K to resign (ORLive)
“The head of Portland’s Bureau of Emergency Management accepted a six-figure severance to resign from his post last month, records obtained by The Oregonian/OregonLive show.
Shad Ahmed, who led the bureau since 2022, received just shy of $115,000 — or half his annual salary of $229,424 — and six months of health insurance in exchange for stepping down Feb. 9, according to a copy of the severance agreement.
He is the fourth ousted agency director to leave Portland city government with a golden parachute in the last year, bringing the total payout for departed leaders to more than $700,000.”
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