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Portland ferry service pursuing community ownership, Oregon attempting to copy North Carolina research triangle, Intel and Google deepen AI partnership, Costco launching stand alone gas stations, Amazon launches same day deliver on GLP 1, Mt. Bachelor closing on April 19th, Amazon stock rallies 5% on AI revenue projections.

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PNW Market Look

As of market close 4.9.26

Josh Gottheimer (D) just disclosed up to $1.1M in Microsoft call options expiring June 2026. Gottheimer also sits on the House Intelligence Committee, where he receives classified briefings on cybersecurity and AI. Microsoft is one of the largest cyber and cloud contractors for the federal government (X)

Headline Roundup

The U.S. Forest Service is closing down research stations ahead of a catastrophic wildfire season (FC)
Frog Ferry announces community ownership plan for Portland river transit (KATU)
In Hillsboro, petition seeks pause on new data centers amid energy and farmland concerns (KATU)
Oregon leaders pursue a homegrown Research Triangle Park (PBJ)
Intel and Google Deepen Collaboration to Advance AI Infrastructure with Xeon CPUs and Custom IPUs (Intel)
Costco Is Starting a Standalone Gas Station Empire With a 40-Pump Discount Fuel Oasis (TheDrive)
Amazon to stock Lilly's new weight-loss pill at US kiosks, offer same-day delivery (Reuters)
Issaquah's new high school is being built at long last (DJC)
Panattoni pays $9M for North Bend dirt, with industrial trio to follow (DJC)
710,000 fewer babies were born last year in U.S. compared with two decades ago (KUOW)
Investor group purchases iconic Portland skyscraper for $70 million (KOIN)
Meridian recommends denial for development that would bring 184 homes, commercial to busy section of Overland Rd. (BD)
Alaska Airlines checked bag fees are going up on North American flights (ST)
Court battle ignites over Washington’s new income tax (WSS)
Private equity firm gives Skagit County company a half-billion-dollar boost (PBJ)

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Community Highlight

OSU-Cascades Chancellor Sherman Bloomer under investigation, accused of alleged sexual misconduct involving students, according to sources and documents (KTVZ)

Rip’s Spotlight

Portland allocates $106M in unspent housing funds after months of debate, public frustration (KPTV)

“The decision came after months of debate among councilors over where to allocate the money. The delays caused frustration among the public and city leaders.

About $56 million will go toward affordable housing, rental assistance, eviction defense and other housing components.

Nearly $9 million will go to the city’s general fund, which covers core services including police, fire, parks and community development.”