Economy, Business, Finance, and Labor

Economy and business news

Tom Banse / NW News Network

One of the biggest players in the global cryptocurrency space has established a foothold in the Pacific Northwest. China-based Bitmain Technologies held a ribbon cutting for a $20 million data center near the Wenatchee airport on Friday. A celebratory mood ran through the grand opening despite headwinds besetting the virtual currency sector.

City of Depoe Bay

If you've traveled the central Oregon coast, you might remember the signs marking Depoe Bay's claim to fame: the "World's Smallest Harbor." But now that harbor is getting even smaller because of accumulating silt.

Tom Banse / NW News Network

Construction begins soon in eastern Oregon for the first commercial-scale "torrefaction" facility in the country. If you don't know what that word means, you're in good company. 

But the process itself isn't all that exotic. 

Wikimedia

In the last few years, rock-bottom electricity rates have attracted bitcoin miners and other virtual currency entrepreneurs to central Washington state. But in Chelan and Grant counties, that lure may be on the wane because of looming power price hikes.


Tom Banse / NW News Network

Hot housing markets in major cities like Seattle and Portland have pushed the cities to regulate short-term rentals like Airbnb. But small Pacific Northwest towns popular with visitors are also struggling to balance the growth of Airbnb-type rentals with a tight housing supply. 

Newport, Oregon, is the latest to put those types of rentals in the crosshairs.

Jim Newman / Craft Canning

The craft brewing industry in the Pacific Northwest is starting to feel pain from the Trump administration's steel and aluminum tariffs. Those metals are made into beer cans, kegs and fermentation tanks.

kidsworkchicago.com / tinyurl.com/ycuazqf4

It’s the agony of modern day parents: how to find and afford decent child care. This has become such a problem, the Washington Legislature has created a task force to tackle the issue.

Shaundd / tinyurl.com/jy9ukrb

Less than a week after a U.S. Supreme Court decision on labor unions, anti-union canvassers are out in Salem. It’s the latest step in a campaign to weaken Oregon’s powerful labor movement.

Chris Lehman / Northwest News Network

Days before a landmark Supreme Court decision is expected, Oregonians are launching an attack on a large public employee union.

Seven state, county and city employees filed suit in U.S. District Court earlier this week, claiming the state has infringed on their constitutional rights by forcing them to pay for collective bargaining and other services.

Rick Horn / Grays Harbor Historical Seaport

The Port of Newport on the Oregon coast has revoked a docking permit for a pair of tall ships based out of Aberdeen, Washington. Efforts to reach a compromise between the port and the ships' operator seem to be foundering.

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