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Washington poised to lose million in tax revenue when Starbucks leaves, TriMet faces $245 budget gap, Elon Musk to use Intel technology in new facility, Boeing jet deliveries rise, Alaska Airline in talks for revenue share with American
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PNW Market Look
As of market close 4.22.26
Expensify pursues stock split after Nasdaq delisting warning (PBJ)
Headline Roundup
Lululemon says it picks former Nike executive as next CEO (Reuters)
Lululemon names former Nike exec Heidi O’Neill as new CEO (CNBC)
Why Starbucks’ TN expansion could mean a $750M hit to WA (FS)
Starbucks expansion in Nashville brews bitterness in Seattle (ST)
Judge orders state to halt paychecks for Commerce Department director, but questions remain (MTFP)
Home builder makes $25M charitable pledge, eyes Idaho’s ‘game changer’ housing law (IDS)
TriMet officials vote on major changes to Portland-area bus routes, shortening of MAX Green Line (ORL)
Elon Musk says he’ll use Intel’s 14A chip technology for his ‘Terafab’ (ORL)
King County to buy Skyway Park Bowl site for new community center (ST)
Boeing Narrows Cash Burn in First Quarter as Deliveries Rise (ST)
Idaho awards $1.8 million to city of Lewiston for drinking water project (ICS)
Cascade Seed Fund rebrands to Long Way Ventures for next fund (PBJ)
Approval of Congress falls to just 10 percent: Gallup (Ground)
American Air Explores Alaska Air Revenue-Sharing Deal (BBG)
REC Silicon opts to buy land once slated for Sabey Data Center in Butte business park (MTS)
Saltchuk venture to support $17.5 billion energy project (PBJ)
Providence signs largest Puget Sound-area office lease of 2026 (PBJ)
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Community Highlight
Salem Rising Star: Connor Reiten’s Visionary Journey in the Pacific Northwest Energy Landscape (SBJ)
Rip’s Spotlight
One of Oregon’s Most Powerful Unions Is Rebelling Against Democrats (WW)
“With more than 40,000 members who live and work in nearly every community in Oregon, the teachers union is a powerful political force armed with a healthy checkbook.
But this spring, the dynamic has shifted: OEA is angry at some leading Democrats who want to change the status quo. The union considers it a betrayal.
Like any union, of course, OEA exists to advocate for its members, by seeking higher compensation and better working conditions. Its power peaked in 2019, when the Oregon Legislature passed the Student Success Act, the largest tax increase in Oregon history. It now generates $1.5 billion a year from a tax on corporations—all for education.
Six years after the cash started flowing, however, the relationship between Oregon families and schools has soured. Just 37% of Oregonians are “very satisfied” with their child’s school, the second-worst percentage in the nation, according to a February survey.”
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