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WA based Lululemon stock down on see through leggings, Deschutes Commission Candidate proposes county buy Mt. Bachelor, 227k people filed for unemployment last week, market down on the day, PNW native Olympian Breezy Johnson engaged after race, crytpo exchange Coinbase revenue down 20%, users locked out of accounts.
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PNW Market Look
As of market close 2.12.26
Headline Roundup
‘Risky gamble’: Deschutes Commissioner Phil Chang not a fan of candidate’s proposal that the county buy Mt. Bachelor (KTVZ)
Kirkland radar maker to open WA manufacturing plant (BizJournals)
(OR) Historic Sheridan Fruit Company is closing it’s doors after more than 100 years in business (OPB)
High housing costs and job losses continue to drag down Portland’s economy (OPB)
Shelter Provider Sunstone Way Sued by Whistleblower Alleging Profligate Spending, Mismanagement (WW)
Allegro Lynnwood, with 240 units, trades to HASCO for over $77M (DJC)
US 2 fully reopened between Skykomish and Leavenworth after Washington flooding (Kuow)
Helena hospital CEO acknowledges issues with how hospital handled reports of sexual abuse (MTFP)
Oregon Taxes for Upcoming Ballots (SBJ)
(ID) Waterfront project in Garden City is stalled following lawsuits, ‘uncertain financing’, fire sprinkler concerns (BoiseDev)
‘We are in a recession,’ Portland economist warns (ORLive)
(WA) Zahilay bans ICE from all nonpublic King County-owned spaces (SeattleTimes)
(OR) La Grande council, staff discuss possibilities for local gas tax (Observer)
Boom, bust, repeat: Oregon's long history of economic resets (BizJournals)
Portland Metro economic indicators lag country and keep falling, report says (BizJournals)
Goldman Sachs’s Top Lawyer to Step Down Following Latest Epstein Documents (WSJ)
US stocks fall sharply after tech sell-off resumes (FT)
Coal power in WA Legislature’s crosshairs after talk of Centralia plant’s revival (WSS)
(MT) Whitefish native Sanderson, Team USA hockey dominate in Olympic debut (Missoulian)
(WA) Selkirk Sport receives $30M equity investment (SpokaneJournal)
Coinbase posts $667 Million net loss (BBG)
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Community Highlight
‘Bring reality to the populace’: California podcaster created Idaho’s biggest show (IDStatesman)
“Matt Todd has turned The Ranch into the most prolific podcast about Idaho issues with 761 episodes. The show has 30,000 followers on Instagram and, since it started in 2022, Todd has interviewed Gov. Brad Little and Lt. Gov. Scott Bedke, Boise Mayor Lauren McLean, numerous members of the Idaho Legislature, Idaho Secretary of State Phil McGrane, all four of Idaho’s delegates to Congress, local business leaders, law enforcement members, educators, political candidates, government officials, health care experts and more.'“
Rip’s Spotlight
John Kitzhaber is Still Fighting for His Oregon Health Plan (WW)
“The legislation in question, House Bill 4003, is wonky…The bill is about how the Oregon Health Authority decides what services the Oregon Health Plan will pay for. If enacted, it would scrap references in state law to a feature that has set Oregon’s Medicaid system apart since Kitzhaber led its creation decades ago: the prioritized list…The ordered list ranks the conditions and approved treatments that the Oregon Health Plan will reimburse medical systems to perform. (1. Pregnancy; 2. Birth of an infant. And so on.) It is bisected by a line at which the OHP will generally stop funding such services. (On the 2026 list, “471. Keratoconjunctivitis” just misses the cut.)”
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