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Macy’s closing 150 stores over the next three years, but says its Bend River Promenade store will remain open

BEND, Ore. (KTVZ) – The Macy’s department store at the Bend River Promenade will remain open and is not one of the 150 “under-performing” stores they will close over the next three years as part of the company’s restructuring, a company representative said Thursday. Macy’s announced Tuesday it will close 150 unproductive namesake stores over

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New Bend incubator lab provides assistance to tech entrepreneurs launching startups

(Update: adding video, comments from co-founders, entrepreneurs) BEND, Ore. (KTVZ) — The new Bend Entrepreneur Lab says it focuses on providing direct support to early-stage tech entrepreneurs in Central Oregon. BEL’s co-founders are Scott Douglass, Carrie M. Douglass and Nicolas H. Pluche. Counselor Liz Spragg wanted to create a startup for mental health professionals, but

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US government may sue PacifiCorp, a Warren Buffett utility, for nearly $1B in wildfire costs

By JOSH FUNK AP Business Writer The U.S. government is threatening to sue PacifiCorp, a unit of Warren Buffett’s Berkshire Hathaway, to recover nearly $1 billion in costs related to the 2020 wildfires in southern Oregon and northern California, though the company is trying to negotiate a settlement. The potential lawsuits were disclosed in an

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SEIU union declares impasse in contract talks covering 4,500 Oregon public university classified employees

Wages, cost-of-living adjustments key issues in talks; OSU-Cascades has 38 classified employees EUGENE, Ore. (KTVZ) – On Friday morning, the Service Employees International Union Local 503 bargaining team representing 4,500 classified employees working at Oregon’s seven public universities, including OSU-Cascades, declared an impasse in contract negotiations with the schools. Here’s the full statement issued by

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Wyden urges NPS to assure smooth transition to new Crater Lake concessionaire as tourist season approaches

WASHINGTON (KTVZ) – In December, Sen. Ron Wyden, D-Ore., urged federal officials to act immediately to prevent concessionaire mismanagement from posing safety risks to Crater Lake National Park, its visitors, and the employees who live and work at this world-renowned natural treasure in southern Oregon. On Thursday, Senator Wyden followed up with a letter to

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Oregon Office of Small Business Assistance reaches 10-year milestone, releases 2023 annual report

SALEM, Ore. (KTVZ) — Oregon Secretary of State LaVonne Griffin-Valade released the 2023 Annual Report from the Office of Small Business Assistance (OSBA) Thursday. As the number and complexity of regulations and requirements grow, the OSBA continues to serve as a valuable resource for Oregon’s small businesses. “Oregon aims to be a small business-friendly state, but there’s

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New study on Oregon’s semiconductor workforce calls for closer coordination among education, industry partners

SALEM, Ore. (KTVZ) – The Higher Education Coordinating Commission on Tuesday released Oregon’s first Semiconductor Workforce and Talent Assessment, providing an overview of the semiconductor industry and workforce landscape. The study recommends significant changes focused on strengthening education pathways and diversifying the workforce in order to address the talent needs of Oregon’s growing semiconductor industry.   The assessment, developed

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Division of Financial Regulation publishes Oregon Investor Guide, other educational resources for public

SALEM, Ore. (KTVZ) — Deciding how and where to invest your money can be a difficult and overwhelming decision. The Oregon Division of Financial Regulation now has resources available to help. The division recently published the Oregon Investor Guide, a free publication that is available both in print and online. DFR created this guide to take

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