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PacificCorps ordered to pay $305M to 16 victims of 2020 wild fires, Idaho house committee votes to ban taxpayer funding for government unions, Papa Johns to close hundreds of locations, Block cut 40% of workforce, Washington house majority leader drunk on the job, hiring posts for software developers highest in a year.

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PNW Market Look

Block, formerly known as Square, maker of payment software announced a 40% reduction in headcount, stock up over 20% in after hours trading

Minnesota based Target pays $110M to end lease early (Independent)

Headline Roundup

  • Oregon is a step closer to pouring $365M into aging Moda Center (OPB)

  • Inflating robot developed in Washington aims to pick apples as gently as humans (OPB)

  • (WA) On old Audio Row, developer pays over $10M for Roosevelt half block (DJC)

  • (WA) Everett beefed up regulations to curb unpermitted food carts. Other cities might follow (KUOW)

  • Oregon Democrats’ plan to end 3 Trump tax breaks heads to governor; Republican threatens to seek voter veto (ORLive)

  • Ada County wanted a $49 million jail bond. Now lawmakers propose $3 million fix (IDS)

  • Could a tax break spur affordable housing? Idaho lawmakers bet it can (IDS)

  • WA House majority leader admits to being intoxicated during budget vote (ST)

  • Ski resorts, outdoor industry sound alarm as liability bill advances (PBJ)

  • Portland's last HQ'd bank to merge with First Security Bancorp Inc. (PBJ)

  • Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior (Ground)

  • How Vail Changed the Economics of the Entire Ski Industry (WSJ)

  • WA moves to issue its own guidance for vaccines insurers must cover (WSS)

  • Another group files lawsuit to push U.S. Fish and Wildlife to protect wolverines (DM)

  • Report: Montana schools underfunded by $100M despite spending millions on improvements (Missoulian)

  • (WA) Valley foundry files Chapter 11 (SJ)

  • How a company quietly acquired 5,100 acres for a data center in Eastern Montana (BG)

  • OSU-Cascades gets $1 million to install rooftop solar panels (BB)

  • Another major verdict pushes PacifiCorp wildfire damages past $1 billion (COD)

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Community Highlight

Travel Oregon Seeks a New Boss at a More Reasonable Salary (WW)

“Todd Davidson, the executive director whose base salary was more than $365,000 the year before.

“How do you justify paying that salary?”

Offering an answer from the witness table was Scott Youngblood, an eight-year veteran of Travel Oregon’s oversight commission. He suggested that Davidson, who had announced he would leave the agency this summer, wasn’t overpaid. Rather, he was the “Michael Jordan” of travel marketing.

Travel Oregon’s board of commissioners apparently listened to the concerns Nguyen and other lawmakers expressed after OJP reported that employees said the agency had a toxic work culture and delayed sending out $9 million in small grants for a year. In a unanimous vote last month, the nine commissioners approved a salary range of $235,000 to $255,000 for Davidson’s eventual replacement, far less than Davidson’s compensation”

Rip’s Spotlight

Montana ranks 7th for U.S. Olympians per capita (MTFP)

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