Together with

Good Morning,

Alaska Airlines stock jumps, Montana’s Beartooth Pass shut down due to snowfall, PPI inflation has largest gain in 3 years, plans for bombing Iran have been scrapped, Freddy discovered Bass Pro Shop, Micron recovers from last week’s dip, new ‘Best places to work’ list drops.

— Was this forwarded to you? Subscribe here —

Let’s Rip

PNW Market Look

As of market close 6.11.26

SpaceX IPO Draws More Than $100 Billion in Retail Orders (BBG)

Headline Roundup

Employees of Oregon’s upscale Black Butte resort settle for $5.5M in sexual harassment lawsuit (ORL)
Montana lands among top states to start business in 2026 (NBCM)
Bull-trampling at Sisters rodeo leads to $11.5M in lawsuits (BB)
Introducing the Best Places to Work in Oregon and SW Washington in 2026 (unranked) (PBJ)
Federal appeals judges reject lawsuit against Alaska Airlines by former state senator (AKB)
Micron hires one of world’s largest construction firms to build NY chip factories (Syr)
Beartooth Pass, MT/WY, Road Closure Due to Snow and Extreme Weather Shuts Down America’s Only Summer Ski Area (snow)
US producer inflation posts largest annual gain in 3-1/2 years as energy prices surge (Reuters)
‘Clear as mud’: Eagle officials press for answers on $27 million athletic park (IDS)
Kennewick could see 436 units at expanded convention center, with AC Hotel opening next year (DJC)
Portland construction market shows signs of stabilization (DJC)
Oregon industrial battery company ZincFive to go public in $600 million deal (ORL)
Trump picks former SEC Chairman Jay Clayton as national intelligence director (CNBC)
High-end FIFA World Cup tickets top $62K for U.S. match in Seattle (MNW)
Blackstone-linked firm sheds Tukwila industrial complex for $35M (PBJ)

A Message from G.A. Rogers

PNW Rip partners with G.A. Rogers for professional and executive hiring in the Pacific Northwest. If you’re in the area (or moving here), check them out here.

Need a side hustle? G.A. Rogers pays for successful referrals - reach out to learn more.

Community Highlight

Portland mayor warns affordable housing system could collapse in 6 months (SR)

Portland’s public housing authority Home Forward is in the midst of a $35 million budget deficit and dealing with a major scandal after it came to light that its CEO Ivory Mathews spent $100,000 of taxpayer money on travel.

What’s more, reporting from Willamette Week found that it takes Home Forward an average of 185 days to fill an apartment and that 955 (14%) of its housing units were empty.

Rip’s Spotlight

Firefighters Union Backs Ballot Measure to Reroute 25% of Climate Tax Revenues to Police Hires (WW)

“The Portland Fire Fighters Association endorsed a ballot initiative Tuesday that would reroute 25% of the city’s climate tax, called the Portland Clean Energy Fund (PCEF), to fund the hiring of about 400 additional police officers.

PCEF, which imposes a 1% sales tax on large retailers in Portland to provide funding for climate-resilient infrastructure, has been tapped many times before by city officials as they’ve sought to shore up holes in the budget. In 2024, the Portland City Council rerouted some excess PCEF revenues to shore up budget deficits in bureaus with climate-adjacent projects. And Mayor Keith Wilson is currently pushing the council to use PCEF funds to help renovate Moda Center, which multiple councilors have expressed doubts about.”