Good Morning,

Spain wins world cup, big earnings week for PNW companies including Alaska Airlines, First Interstate Bank, Intel & Lamb Weston, disfigured raccoon takes social media by storm, Portland cyclist sues state for $28M, Nampa to kill public transportation, US launches more airstrikes on Iran, Spokane gets $21M for roadway project.

— Was this forwarded to you? Subscribe here —

Let’s Rip

Lamb Weston stock may move 9.7% on July 24 earnings report (NG)

Key Events This Week (KL):
1. ADP Employment Change data - Tuesday
2. Report Earnings - Wednesday
3. Initial Jobless Claims data - Thursday
4. Intel, Reports Earnings - Thursday
5. July S&P Global Manufacturing PMI data - Friday
6. July New Home Sales data - Friday

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.

Private jets flock to Montana - but locals can't afford the trailer park (BBC)

“Grandmother Sara Folger sits in the kitchen of her single-wide trailer, the Rocky Mountains looming in the distance, and remembers the Bozeman, Montana she fell in love with decades ago.

Back then, Folger says, the rural western outpost was filled with "back-to-the-land hippies, college students, cowboys and ski bums". But nowadays, the formerly sleepy streets are awash with diggers, orange construction cones and out-of-state licence plates.

Many are choosing to pack and leave their hometown, while developers from elsewhere have gotten rich. A recent rent strike by two mobile home parks has epitomised the ongoing socioeconomic culture clash between the haves and have-nots - while highlighting a growing grass-roots effort to fight for the survival of the working class.

One factor fuelling outsider interest in Bozeman, according to many, was the "Yellowstone Effect" – transplants drawn to the state by the fictitious runaway hit drama Yellowstone, starring Kevin Costner. The show depicts the power struggles between patriarch John Dutton III, his children, the locals, and the outsiders seeking to change their bucolic ranching way of life.

"Everyone in Montana believes the Yellowstone television show, with its dramatic scenery and montages of Montana life and how beautiful it is here… had an impact on the housing market,"

"Any given day out at our airport, there will be 80 to 100 private jets on the tarmac, primarily Yellowstone Club guests," says Corner.

"Every developer in America heard about the exorbitant rental rates in Bozeman and how attractive it was to develop here," Corner says. Apartment blocks and townhomes began materialising everywhere - fast - with rent for one-bedrooms coming in at $2000 a month or more - something no locals could afford, particularly those on single incomes.

It was on this wave of frustration that Mayor Morrison swept to victory in November 2023”

Cyclist suffers brain damage after crashing into one of Portland’s ‘safety improvements,’ sues city for $28M (ORL)

“A Portland cyclist who crashed her electric bicycle into one of the city’s “pedestrian safety improvements” has filed a $28 million lawsuit against the city and the road construction company hired for the project.

Rosie Lopez’s lawsuit says she suffered catastrophic injuries because the city of Portland and Raimore Construction hadn’t set out or installed “visual warning devices,” such as cones or barricades, that would have warned her that she was about to slam into a recently built “floating concrete island.” The island was situated along the shoulder of the road and significantly narrowed the lane of travel on Northeast Glisan Street near 80th Avenue.

Lopez said she had a “big bike light” illuminating her path, but she didn’t see the island until it was too late. It was 1:44 a.m.”

Send us News

Work with us

Follow on X

Keep Rippin’