Economy, Business, Finance, and Labor

Economy and business news

Oregon Bureau of Labor and Industries

One of the initiative campaigns to raise Oregon's minimum wage announced Monday that it's ending its signature-gathering efforts. But a separate campaign says it will keep trying to get an initiative on the November ballot.

Joe Wolf / Flickr - tinyurl.com/z8o86qr

Oregon lawmakers gave final approval Thursday to a measure that will increase the state's minimum wage over the next six years. The vote in the Oregon House now sends the measure to the governor's desk.

Three states, three ways of addressing whether and how to raise the statewide minimum wage. In Oregon this coming Monday, the state House takes up a three-tiered wage increase that passed the state Senate last Thursday. In Washington state, activists are preparing to hit the streets for a statewide initiative. Meanwhile, Idaho lawmakers are mulling whether to block both a statewide and any possible local increases in the minimum wage.

Tom Banse / NW News Network

Delta Air Lines workers in the greater Seattle area received $53.1 million in bonuses Friday. About 3,000 local employees at Delta's newest hub city qualified for the corporate profit sharing program.

Chris Phan / Flickr - tinyurl.com/juowxrh

A plan to hike Oregon's minimum wage is moving forward in the state legislature. The state Senate Thursday approved a measure that would increase the wage to as much as $14.75 per hour over the next six years.

Oregon Office of Economic Analysis

Oregon's economy continues to flourish, but the long-term outlook isn't as rosy. That was the message to lawmakers Wednesday from state economists, who released their quarterly revenue forecast.

Austin Jenkins / Northwest News Network

Republicans in the Idaho and Washington legislatures want to block any more cities from going the path of Seattle and Tacoma in raising the minimum wage locally. In Boise Tuesday, a House committee introduced a state preemption bill.

M.O. Stevens / Wikimedia Commons - bit.ly/225LXJl

A plan to hike Oregon's minimum wage is moving forward in the Oregon Legislature. A measure cleared a committee Friday and is headed for a vote on the Senate floor.

Tom Banse / Northwest News Network

In Salem and Olympia, some lawmakers are looking for a middle way on raising the minimum wage. In both capitals, there's hope that a modest wage increase with business and labor support could head off or trump oncoming ballot measures.

Salcido Connection, Inc.

One of the Northwest’s selling points is its cheap hydropower. That’s why in recent years data centers have sprouted along the Columbia River in both Washington and Oregon.

But in north central Washington, an emerging power-hungry industry is meeting with some resistance. It involves the making and managing of the virtual currency called bitcoin.

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