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Amazon, Microsoft, Alphabet and Meta report earnings after hours tomorrow, Starbucks ups sales target for 2026, Waymo coming to Portland, Alaska Airlines launches nonstop flight to Rome, Boise Cascade pays millions in fines for illegal wood purchase, Utah data center to double state’s energy need.
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PNW Market Look
As of market close 4.28.26
UAE leaves OPEC in blow to global oil producers' group (Reuters)
Visa Revenue Climbs as Consumers Keep Spending (WSJ)
Headline Roundup
Starbucks’ US Rebound Shows Turnaround Plans Are Resonating (BBG)
Starbucks posts strong Q2 growth as revenue hits $9.5 billion (MNW)
GM expects $500 million from tariff refund after Trump administration taxes thrown out (FST)
Self-driving car service Waymo says it’s coming to Portland (ORL)
Alaska Airlines launches first nonstop flight between Seattle, Rome (KOMO)
LONG FORM VIDEO: The rise and fall of Nike. Back in 2017, Nike made a decision that would eventually wipe out more than $100 billion in market value. (X)
King County eyes back-to-back sewage rate hikes (MNW)
‘Sticker shock’ slows plans for West Boise library. What it costs — and what’s next (IDS)
Amazon pays Ashley $220M for huge Frederickson distribution center (DJC)
Amazon spends more in WA than any other state (PBJ)
Microsoft cuts OpenAI revenue share in a fresh step to loosen their AI alliance (KUOW)
Boise Cascade admits it bought illegal wood from China, pays millions in fines (BD)
Costco offers new option for its $1.50 hot dog combo (ST)
Conservation groups sue to stop lithium drilling project on Oregon-Nevada border (Koin)
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Community Highlight
Gallatin County, Attorney General continue fight over immigration ‘policy’ (DM)
WA asks judge to force Tacoma immigrant detention center operator to let inspectors in (WSS)
“It’s the latest development in the yearslong saga to provide state oversight there. Gov. Bob Ferguson and Attorney General Nick Brown, both Democrats, announced their latest legal action in a press conference outside the Northwest ICE Processing Center, alongside religious leaders and community advocates.
“The law is clear, yet the owner of this facility, The GEO Group, has continued to obstruct our efforts to ensure they are following state law,” Ferguson said. “The GEO Group is not above the law.”
Rip’s Spotlight
Multnomah County District Attorney Crusades Against Proposed Budget, Again (WW)
“For the second year in a row, Multnomah County District Attorney Nathan Vasquez ripped into County Chair Jessica Vega Pederson’s proposed budget, saying his “wildly underfunded” agency faces the prospect of losing roughly 10% of its deputy district attorneys, plus other investigators and staff.
Acknowledging that complaints about the “crushing workload” and declining average age of his staff might not stir the public to action, Vasquez emphasized in a Monday interview with WW that he foresees an array of more tangible impacts: “massive delays” in cases, misdemeanors going unpunished, and a deemphasis on promising but labor-intensive systems designed to give some criminal offenders an alternative to jail.”
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