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Nike hits lowest price since 2014, Micron reclaims $1000 share price, Paramount demands money from Washington for merger problems, $27M maritime business incubator to open in Washington in Spring 2027, Redmond’s Expion360 jumps 21% in a day.

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Nasdaq plans nearly 23-hour trading day from December (Investing)

30-year Treasury yield tops 5.31%, the highest in 19 years (CNBC)

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After Portland’s billion-dollar success, another Oregon city eyes a clean energy fund (ORL)

“Eugene voters will get to decide in November whether to create a climate fund financed by a tax on some of the country’s largest retailers.

Modeled after one in Portland, the Eugene proposal qualified for the November ballot earlier this month after city officials verified that advocates had submitted enough valid signatures.

Supporters say the fund would pay for climate and environmental projects such as bike lanes, tree planting, home electrification and energy-efficiency upgrades and climate job training

The measure would require corporations earning more than $1 billion in profits annually in the United States and over $500,000 in profits within the city of Eugene to pay a 2% fee on gross profits from retail sales in Eugene.

Organizers of the campaign estimate the fund would generate at least $15 million annually.”

Sand Creek Fire burns over Maverick Mountain, most of resort spared (MTFP)

“The recurring mid-August rain anomaly, known as the “August Singularity,” dumped a quarter-inch of moisture on the Grasshopper Valley August 13 and kept sprinkling through the weekend, snapping a heat wave and stalling the wildfire’s rampaging growth from earlier in the week. It was enough to give Maverick Mountain co-owner Erik Borge a chance to absorb what had happened to his community.

“These last few days, I just felt like I was being chased,” Borge said on Friday. “Today is the first day things have calmed down and I’m able to take a breath, gain some thoughts back and start to process where we are.”

Borge, who also co-owns Elkhorn Hot Springs Resort with his wife Kristi and other partners, endured several days of unrelenting defense as Sand Creek romped from 1,684 acres on August 6, to 31,652 acres on August 17. On the 11^th, the fire crossed dozer lines defending the summit of Maverick Mountain Ski Area and destroyed the little building volunteer ski patrol members had constructed two years ago.

But the flames did not reach the base area lodge, or the mass of snow groomers, lift equipment and other gear marshaled in the parking lot. The fire also spared the hot springs’ main and guest buildings. Thursday and Friday’s rain prevented fire managers from getting an updated burn acreage.
The situation around Maverick Mountain and Elkhorn Hot Springs Resort has calmed down enough for some residents to return to their properties, according to the Beaverhead County Sheriff’s Department. However, the Pioneer Mountains Scenic Byway running through the main fire area remains closed to the public for the next several weeks. The National Weather Service forecasts warmer, drier weather this week as crews continue battling the Sand Creek Fire, which remains at 1 percent containment.
Borge said it’s highly unlikely Maverick Mountain will be repaired in time for this coming winter season. And reopening the hot springs depends on how long the fire threatens the byway, which is the main road to the resort. 

“We will rebuild and we will be back,” he said. “I have got to say, unfortunately the ski hill was burned. But we have a strong community, and a fire can’t burn down the community.” 

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