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Good Morning,
Rip is back and recharged after a week off mountain biking in Washington & Canada. Happy post 4th of July Holiday Weekend all.
Aurora’s hit the PNW, Microsoft cuts more staff, DOW posts record close over 53k, Bend’s Brasada Ranch sells for $40M, Bridger Bowl got a summer snow dump, CEO of Portland economic development group resigns, DOGE shuts down,
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Let’s Rip
PNW Market Look
As of market close 7.6.26
Here's how SpaceX's Nasdaq-100 inclusion might affect options pricing (CNBC)
Stock market today: Dow posts record, S&P 500 and Nasdaq rally on revived AI optimism (YF)
Headline Roundup
The vice chairman of the luxury resort's owners made the move, saying it gives his fund capital to transition into other areas. (PBJ)
U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2% (CNBC)
Nike reports flat sales as CEO Elliott Hill’s turnaround push continues (ORL)
Microsoft cuts 4,800 jobs, including many at Xbox in a 'reset' of its gaming division (OPB)
W.G. Clark making swift progress on Amazon-backed Kestrel apartments near station (DJC)
Finally, ‘let's get building' Interstate Bridge's replacement (DJC)
Interstate Bridge Program announces milestone in construction of new Oregon-to-Washington bridge (OPB)
Sheehy sues Idaho ammunition company over alleged misfires (MTFP)
NFIB STUDY: SMALL BUSINESSES STRUGGLE WITH INFLATION, LABOR SHORTAGES (SBJ)
US labor market weakened in June (WSS)
Rerouting the greenbelt: Fundraiser kicks off for Boise River bridge (IDP)
More than $1B in Idaho highway projects meant for growth put on ‘unfunded’ list (IDS)
Developer known for huge Utah project begins work on development approved for thousands of homes east of Micron (BD)
Everyone wants more protein. Oregon dairies show there’s no easy whey to make it (ORL)
Greater Portland Inc. CEO exits (PBJ)
Society Hotel owner to sell property after losing 'faith' in city leaders (PBJ)
Whatcom sheriff’s deputies secure 6% raises as budget crisis looms (CD)
DOGE officially shuts down (Ground)
King County, Seattle strip KCRHA of contract oversight in sweeping homelessness system reset (PBJ)
Zoom to acquire Seattle sales and marketing startup (PBJ)
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
The next STEAMO event for networking in Bend is coming up on 7.15.
Rip’s Spotlight
Woodburn gets national recognition with All-American Cities Award (OPB)
The National Civic League has announced the 10 recipients of its prestigious All-American City award. Woodburn was the smallest of the 10 cities from around the country to receive this honor, and the only one on the West Coast.
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