Together with
Good Morning,
Bitcoin takes a tumble, Micron breaks $1,000 per share, Anthropic files for IPO, Bernie Sanders calls for 50% of AI companies to be publicly owned, Portland grads struggle to land jobs, Hantavirus quarantine ends, Google raising $80B, Intel shares tumble on news of Nvidia entering PC market.
— Was this forwarded to you? Subscribe here —
Let’s Rip
PNW Market Look
As of market close 6.1.26
Berkshire Hathaway invests extra $10 billion in Alphabet, deepening bet on AI (CNBC)
Headline Roundup
Salt & Straw for sale: Report values Portland company at more than $200 million (ORL)
Nvidia Is Taking On Intel and AMD With AI Chip for Computers (Yahoo)
Alaska Airlines faces $165K penalty for allegedly letting drunken passengers board flights (KOMO)
Trump budget would eliminate agency investigating Longview chemical disaster (OPB)
Construction of the Ballard extension has effectively been shelved for now as the agency confronts a nearly $35 billion funding gap that leaders blame on inflation, higher construction costs, and lower revenue (KOMO)
Construction progresses on $188M all-electric Haggett Hall at UW (DJC)
Developer partnering with Coeur d'Alene Tribe on project aiming to shift Treasure Valley's border eastward (IDP)
Boise set to spend $1.5 million on empty land by Boise mall (BD)
Patagonia and Pattie Gonia trade offers to settle trademark dispute (ORL)
Idaho Power says its equipment likely caused Mountain Home fire last week (IDS)
Portland posts weak showing in new college graduate outlook rankings (PBJ)
Skagit County temporarily bans data centers to protect farmland, water (CD)
'Milestone': City of Missoula closes land sale for 180-room riverfront hotel (Missoulian)
Kirkland apartment complex wraps up $125 million expansion (PBJ)
Oregon governor halts undercover license plates for ICE (Ground)
A Message from G.A. Rogers
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.
Community Highlight
Rip’s Spotlight
Trump reconsidering $1.8 billion fund, AP source says, as Justice Department temporarily pauses it (ST)
“President Donald Trump is reconsidering whether to move forward with a $1.8 billion fund meant to compensate his allies, a person familiar with his thinking said Monday, as the Justice Department said it would temporarily pause its implementation to comply with a court order.
The potential retreat is a nod to the legal setbacks the fund has encountered since it was announced two weeks ago and a recognition of the mounting political backlash from Republicans concerned by a lack of oversight of the money disbursement and the possibility of payouts to participants in the Jan. 6, 2021, riot at the U.S. Capitol.
The Trump administration had defended the $1.776 billion “Anti-Weaponization Fund,” established to resolve Trump’s lawsuit against the Internal Revenue Service over the leak of his tax returns, as an appropriate corrective measure for what officials insist was weaponized law enforcement during the Biden administration.”
On X…
Keep Rippin’