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Good Morning,

DOW closed up nearly 2.5%, S&P 500 up nearly 3% in best day since spring 2025, Oracle cut an estimated 30k jobs, judge blocks White House Ballroom project, AI company Claude accidentally leaked source code.

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Let’s Rip

PNW Market Look

As of market close 3.31.26

OpenAI raised $122B at post money valuation of $852B

Allbirds, once valued at $4B, sells for $39M

Headline Roundup

Baked goods, snacks manufacturer lays off dozens at its Boise plant (IDS)
Claude code source code has been leaked via a map file in their npm registry (Reddit)
Google Just Announced Really Bad News for Micron and Sandisk (Yahoo)
This Oregon Think-Tank Leader Says Concerns About High Taxes Are Overblown (WW)
(WA) Tishman Speyer isn't quitting on big Bellevue office plan (DJC)
(WA) AI's arrival complicates Big Tech climate goals, and some worry it's locking in more fossil fuels (DJC)
Mixed-use project planned for Butterfly Lot in downtown Eugene (DJC)
Trump signs order restricting mail-in voting. What will it mean for Oregon? (ORLive)
Suit claims Stumptown Coffee product ‘catastrophically failed,’ scalding flight attendant (ORLive)
Amazon will pay $20.5 million to settle Oregon data center pollution allegations (ORLive)
Nike beats Wall Street estimates but tariffs hurt margins (ORLive)
‘This can’t be real’: Boise pizza delivery man’s gesture earns, oh, 80,000% tip (IDS)
Meta layoffs hit Seattle-area workers (ST)
Boeing is sending humans to the moon, but its space unit is struggling (ST)
Former city admin looks to sue Elgin for $3 million (LGO)
Oregon income tax burden called highest in US (PBJ)
(OR) Legacy Health appoints Harvard-trained physician as new president and CEO (PBJ)
(MT) NorthWestern doesn’t have to turn over more data center information in merger case (DM)
Pacific Power, PGE raise residential electricity rates again for Oregon customers (COD)

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Community Highlights

Make room for mother-in-law: Boise’s free ADU plans take aim at housing crunch (IDS)

Boise takes down its Pride flag after Gov. Little signs new flag bill into law (IDS)

Rip’s Spotlight

Federal logging proposal in Oregon draws calls for more public input from congressmembers (Katu)

“At the center of the debate is a BLM proposal to revise resource management plans covering more than 2.4 million acres of public lands in western Oregon.

The plans guide how forests are managed, including timber harvest levels, wildlife habitat protections, and wildfire mitigation efforts.

Federal officials say the update is intended, in part, to increase timber production, citing decades of declining harvest levels compared with the 1960s through 1980s.

The agency has also cited economic challenges in rural counties that rely on timber revenue, as well as the need to better manage forests to reduce wildfire risk.”

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