By Oregon U.S. Attorney Press Release, The owners of ConsoliDebt Solutions, LLC, a debt consolidation service that operated in Oregon and other locations between April 2019 and April 2024, have been indicted in federal court for knowingly and intentionally defrauding their customers. Javier Antonio Banuelas Urueta, 54, and Dalia Castilleja […]

By Oregon Small Business Association Foundation, BowFlex, a Vancouver-based company selling home exercise equipment that began as Nautilus, has been delisted by the New York Stock Exchange after announcing in early March that it would file for Chapter 11 bankruptcy, according to the Portland Business Journal. Surging sales during gym […]

By National Retail Federation, Despite expectations for slower growth of both gross domestic product and retail sales, the economy should continue to do well the remainder of this year, National Retail Federation Chief Economist Jack Kleinhenz said today. “No one can accurately forecast what surprises the next year might hold, […]

By Oregon US Attorney Press Release, A federal grand jury in Medford returned an indictment today charging a local man with illegally possessing and selling explosives. Wesley Allen Armstrong, Jr., 56, a Medford resident, has been charged with distributing explosives by a non-licensee, possessing with intent to distribute and distributing […]

By Oregon Business and Industry Earlier this year, a temporary restraining order enjoined the Oregon Department of Transportation’s (ODOT) recently adopted policy requiring contractors to enter into costly and restrictive project labor agreements for highway construction projects. The ruling became a preliminary injunction on Feb. 29, which will prevent the […]

As a cosponsor of the Affordable Connectivity Program Extension Act, Chavez-DeRemer joined her Problem Solvers colleagues to endorse the much-needed legislation Rep. Lori Chavez-DeRemer, WASHINGTON, D.C. – Rep. Lori Chavez-DeRemer (OR-05) recently joined her colleagues on the bipartisan Problem Solvers Caucus to endorse the Affordable Connectivity Program Extension Act, legislation […]

By NFIB, NFIB’s monthly jobs report shows a general slowdown in employment activity for small businesses in March, with a seasonally adjusted net 11% planning to create new jobs in the next three months, down one point from February and the lowest level since May 2020. “Job openings on Main […]

Wyden Praises FCC Move To Protect Consumers and Government Personnel from Hackers and Foreign Spies Exploiting Wireless Carriers’ Lax Security to Track Phones FCC Announcement Targets SS7 and Diameter Vulnerabilities Used by Foreign Surveillance Firms to Spy on Journalists, Government Officials By U.S. Senator Ron Wyden Washington, D.C. – U.S. […]

Research and Development Tax Credit Rulemaking Begins By Oregon Business & Industry In 2023, the Legislature passed HB 2009, which created a research and development tax available to Oregon-based semiconductor industry manufacturers. This credit will be an important tool to enhance Oregon’s semiconductor footing in the short run. In 2025, […]

The Oregon Division of Financial Regulation Press Release, March 27, 2024 Salem – The Oregon Division of Financial Regulation (DFR) has reached a settlement agreement in principle with a cryptocurrency asset platform for violating state securities regulations. The group of affiliated companies – Plutus Financial Holdings Inc., Plutus Financial Inc., […]