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Congresswoman Bynum says Portland City Council ‘Acting Crazy,’ Lamb Weston continues rally up over 25% YTD, Migration Brewing expands in Portland, Microsoft stock hits record high, Boeing has record MAX plane deliveries, OpenAI arrests engineer for hidden spying device, Bank of America fined over $1B for money-laundering, Columbia Bank moving exec staff out of Washington in favor of Arizona.
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PNW Market Look

As of market close 10.13.26
Bank of America fined $1.2 billion over money-laundering violations (CNBC)
More Republicans come out against Trump’s diesel deal with Putin (CNBC)
Headline Roundup
Columbia Bank moving top executives to Arizona, citing Washington taxes (MNW)
Amazon, data centers and the race for Oregon governor (OPB)
Oakridge State Airport celebrates completion of runway renovations (KATU)
Your wasabi is probably fake. Oregon growers hope to change that (OPB)
Congresswoman Janelle Bynum Says Portland City Council Is ‘Acting Crazy’ (WW)
$17.2 million school improvements in Portland building permits (DJC)
Idaho Central Credit Union backs new basketball arena at Idaho State University (IBR)
Casino, or casinos, could sprout up along I-84 as tribes work on two proposals. New details on one project emerge (BD)
Local brewery plots NW Portland expansion — pizza kitchen included (ORL)
Boise is ‘reimagining’ part of the downtown riverfront. (IDS)
Microsoft stock hits record high as company spends big on AI (ST)
Boeing MAX deliveries in first three quarters hit record high, again (ST)
OpenAI Employee Arrested over Hidden Listening Device, Company Says (Ground)
Seattle’s Getty Images to file for bankruptcy and return to private ownership (PBJ)
Veca Electric sells Seattle HQ in sale-leaseback deal (PBJ)
Missoula Co. awards $1.32M in grants to support essential services (NBCMT)
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Community Highlight
Microsoft workers stunned by federal accusations of visa fraud (KUOW)
“The Trump administration rocked the local tech world yesterday when Vice President JD Vance accused Microsoft of fraud and suspended the company from a program that helps transition foreign workers on H-1B visas to permanent U.S. residency.
Microsoft says the administration has misinterpreted its use of the program.
The H-1B visa program is not going away, but Microsoft has been suspended from a program that allows some of these temporary workers to transition to permanent U.S. residency. The Trump administration is essentially accusing Microsoft of fraud. Do they have any evidence of that?
To my knowledge, the White House has not provided any evidence of fraud by Microsoft, and the company disputed the White House's characterization of its use of the H-1B program and its sponsorship of H-1B workers for permanent residency.
For employers who use the H-1B program, there is quite a lot of bureaucracy, paperwork, and cost associated with hiring someone. This adds one more cost for employers. Likely, it will make Microsoft think twice about hiring someone holding H-1B status. Likely, it's also a signal to other employers.”
Rip’s Spotlight
“The council adopted Resolution 2026-42 on Oct. 12, establishing a citywide policy that prohibits data center NDAs and places new restrictions on confidentiality agreements involving other businesses and projects.
The decision follows months of controversy over the city's agreement with Verrus, the developer behind the proposed Oakline at Mill Creek data center in southeast Salem.
That agreement was signed in March 2025, allowing the company and city staff to hold preliminary discussions without publicly identifying the project. It remained in place until July 8, 2026, when Verrus released the city from its confidentiality obligations.
The disclosure prompted questions from residents and councilors about how such a large development could be discussed for more than a year without public knowledge.
Councilor Micki Varney pushed for changes in July, initially asking the city to explore banning NDAs involving data centers. In September, the council expanded that direction to cover confidentiality agreements across city operations.
Monday's vote puts those restrictions into formal policy.
Under the new rules, Salem can still enter nondisclosure agreements in limited circumstances, including business recruitment, real estate negotiations, procurement and the protection of trade secrets or private financial information.
But those agreements must have a legitimate purpose, protect only information that needs to remain confidential and include limits on how long the restrictions last.
City Attorney Dan Atchison explained that departments seeking an NDA must establish why confidentiality is necessary. The City Attorney's Office must then review the proposed agreement, and councilors must receive advance notice before the city manager can sign it.
The policy does not require a separate council vote on every agreement. It also cannot be used to conceal information that must legally remain public.
"So an NDA does not replace the city's obligations under Oregon law," Atchison told council.
Councilor Vanessa Nordyke welcomed the change, noting that City Manager Krishna Namburi had already committed to ending the practice of signing data center NDAs. The new resolution formalizes that commitment and establishes a consistent process for other agreements.
"No more NDAs for data centers, period, full stop," Nordyke said.
The policy addresses one of the central concerns raised during Salem's data center debate, but it does not determine the future of the Verrus project or change the land-use rules governing its application.
That process remains separate.
For future data center proposals, however, the city has drawn a clear line: developers seeking to work with Salem will no longer be able to require the city to keep those discussions confidential through an NDA.”
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