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Nike dropped over 15% yesterday and nearing 30% drop YTD, Iran struck Amazon data center in middle East, OHSU opens $600m treatment center, Mt. Everest guides accused of poisoning hikers in insurance scam, NASA launches 4 astronauts for first time in 50 years, futures slump and oil rises on Trump’s Iran plans.
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PNW Market Look
As of market close 4.1.26
SpaceX files to go public, setting stage for huge IPO (ST)
Amazon in talks to buy $9bn satellite group Globalstar in bid to rival Elon Musk’s Starlink (FT)
Headline Roundup
OHSU unveils Vista Pavilion, first major inpatient expansion in 20 years (KATU)
Artemis II launches on historic mission around the moon (CNN)
The Everest scandal: poisonings and fraud on the roof of the world (Times)
How Nike Lost Its Way (Youtube)
Nike stock tumbles to 11-year low after earnings report (PBJ)
Portland City Council moves toward small measure of business tax relief (OPB)
Hour Media Purchases Portland Monthly Magazine (WW)
‘Numerous Systemic Issues’: Letter on Providence Health Insurance Mess Suggests Faulty Planning (WW)
(WA) Money available for tenant improvements (DJC)
Federal ‘God squad' exempts oil and gas drilling in the Gulf from endangered species rules (DJC)
Federal court ruling against Trump administration means Multnomah County will keep $38M in HUD aid (ORLive)
Boise Centre intends to buy a downtown property for $23M. (IDS)
Microsoft CFO’s AI Spending Runs Up Against Tech Bubble Fears (BBG)
Ayana Gray: Data doesn’t add up for data center job predictions in Butte (BDC)
With more state financial stress on horizon, Ferguson signs WA budget (WSS)
U.S. Forest Service to close Portland headquarters, research station, open Salem office (BB)
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Community Highlights
Caldwell appoints new economic development director (BoiseDev)
Several top leaders depart Oregon Department of Education (ORLive)
Montana Supreme Court dismisses constitutionality challenge to ‘The Montana Plan’ initiative (DM)
Rip’s Spotlight
Hearing Examiner scolds Whatcom County for AltaGas permitting process, orders redo (CD)
“Six environmental groups appealed the permitting process in September 2025, saying changes to the AltaGas terminal have increased the volume of propane and butane handling, creating substantial environmental impacts.
The examiner kicked the projects’ review back to the county permitting department on Tuesday, March 31, requiring it to conduct a fresh assessment of the terminal’s capacity and redo its environmental analysis based on those findings.
Ferndale LPG Terminal is a major energy infrastructure facility owned by AltaGas, which receives liquid petroleum gas (LPG) by rail and stores it before exporting much of it to Japan, Korea and China. It is the only such major facility on the West Coast.
The battle over the permitting of the projects — 31 of which are being handled retroactively — and its potential environmental impacts within the Salish Sea hinge on drastically different approaches to determining the maximum amount of LPG that can be pushed through the facility.”
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