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Microsoft buys 3,200 acres in Wyoming for data centers, Amazon acquires Global Star, Uber CTO claims AI tokens are not improving margins, Snoop Dog spotted in Issaquah Costco, Trump tells Fox news Iran war is over, OHSU gets $6M to advance cancer research.
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PNW Market Look
As of market close 4.14.26
Apple CEO Tim Cook, Nike CEO both purchase ~$1m in Nike Stock
Anthropic, partially owned by Amazon, getting offers on $800B valuation, up from $350B in January
SEC removed $25,000 limit on day trading; Robinhood stock up on the news
Federal Reserve chair nominee Kevin Warsh reveals assets worth more than $130mn (FT)
Headline Roundup
Amazon to acquire Globalstar and expand Amazon Leo satellite network (X)
Ferguson signs law retroactively voiding Washington non-compete agreements, UW economist warns of economic fallout (SR)
Microsoft exec suggests AI agents will need to buy software licenses, just like employees (BI)
Portland Lawmaker Wants to Turn Up the Dial on Forced Mental Health and Addiction Treatment (WW)
Data centers make it hard to meet their clean energy goals (DJC)
Seattle battery manufacturer fined over $200K for exposing workers to lead (KUOW)
OHSU gets $6 million to advance human-engineered tissue research (ORL)
Idaho medical-cannabis advocates say they have gathered 100,000 signatures (IDS)
Costco disputes claims of salmonella risk in $5 rotisserie chicken (ST)
Oaks Park's $40M upgrade to include a new ride, expanded footprint (PBJ)
(MT) State lottery ticket sales nearly double to over $100B (DM)
LDS church announces groundbreaking for 19,000-square-foot temple in Missoula (Missoulian)
Apple CEO Tim Cook Just Bought Nike Stock. His Last Purchase Didn’t Go So Well. (Barron’s)
AI hallucinations cost lawyers $110,000 in Oregon vineyard lawsuit (ORL)
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Community Highlight
Shinn leaves Boise State for Montana president’s job (ICS)
“On Tuesday, Jeremiah Shinn accepted the president’s post at the University of Montana. Shinn said he plans to start at UM on July 1.
Shinn has been interim Boise State president since May — during a laborious State Board of Education search for a permanent leader at Idaho’s largest four-year university.”
Rip’s Spotlight
Over quarter of Oregon businesses fail in first year, study finds (PBJ)
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