DIRS.INFO The most relevant business & tech news

☆ This state could soon be the first to give every resident a $750 universal basic income each year with no strings attached
▼ + stars: | 2024-06-24 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

The first-of-its-kind initiative would give each resident $750 a year by taxing corporations. Basic income programs throughout the country have delivered promising results. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOregon voters may soon decide if the Beaver State will be the first in the country to implement a universal basic income program that would put cash in residents' pockets by taxing corporations. The Secretary of State's office must still certify the signatures before the measure can officially be added to the November ballot.

Persons: UBI, — Organizations: Service, Beaver, Oregonian, Business Locations: Oregon

☆ Goats work as caddies at this Oregon ranch
▼ + stars: | 2024-06-11 | by ( Jack Bantock | ) edition.cnn.com time to read: +7 min

A three-month evaluation process sees potential caddies as young as six months old scouted on their friendliness and physical aptitude. David ZaitzProtecting the rich diversity of flora and fauna across the 140,000-acre ranch is at “the heart of everything” at Silvies, Campbell says. “We figured when we built it that we had the lowest carbon footprint of any modern course,” Campbell added. Not all courses situated within flourishing natural settings are so fortunate – one Arizona club’s run-in with a squadron of pig-like creatures last year cost it upwards of $200,000 in damages. The habitats of such animals are preserved by the Oregon Natural Desert Association, a nonprofit supported by tips from golfers to Silvies’ very-own goat caddies.

Persons: it’s, Dr, Scott Campbell, ” Campbell, “, –, Seamus Golf –, Chunky, Mulligan, Harry, Charlie, Jack –, Bruce LeGoat, Bruce, Mike LeChevon, ”, Egan, “ It’s, Campbell, David Zaitz, Dan Hixson, Silvies Organizations: CNN, Venture, Desert Association Locations: Eastern Oregon, Oregon, Silvies, St . Andrews, Scotland, Arizona

☆ Rare 7-foot hoodwinker sunfish washes ashore on Oregon beach
▼ + stars: | 2024-06-08 | by ( Joe Sutton | ) edition.cnn.com time to read: +2 min

CNN —A rare 7.3-foot hoodwinker sunfish washed ashore on the Oregon coast earlier this week, the Seaside Aquarium said. The massive aquatic species was found north of Seaside in northwestern Oregon along Gearhart Beach on June 3. This image shows a hoodwinker sunfish that washed ashore on June 3, 2024, on a beach in Gearhart, Oregon. Tiffany Boothe/Seaside Aquarium/APNyegaard recognized the species that washed up on Oregon’s coast as the hoodwinker sunfish, or Mola tecta. The researcher previously discovered the new sunfish species through her research and described the unique finding in a 2017 published paper.

Persons: Mariann Nyegaard, Mola mola, Tiffany Boothe, Mola tecta, Nyegaard, CNN’s Ashley R, Williams Organizations: CNN, Seaside, Seaside Aquarium, AP Nyegaard, Facebook Locations: Oregon, Seaside, Gearhart Beach, California, Alaska, ”, New Zealand, Gearhart , Oregon, Pacific

☆ Senators demand UnitedHealth own patient data hack
▼ + stars: | 2024-06-07 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

Federal law known as the Health Information Portability and Accountability Act (HIPAA) generally requires health care providers to notify people within 60 days of discovering a breach affecting their personal health data. The Department of Health and Human Services is already investigating whether UnitedHealth is compliant with HIPAA obligations to protect patient data. HHS can use HIPAA to fine companies for failing to protect patient data. The department announced a $4.75 million settlement in February with a nonprofit hospital system in New York for “data security failures” that the department said resulted in an employee stealing and selling patient data. On May 31, the HHS Office for Civil Rights clarified that health care providers can delegate that obligation to Change Healthcare.

Persons: Andrew, New Hampshire Democratic Sen, Maggie Hassan, Tennessee Republican Sen, Marsha Blackburn, ”, Eric Hausman, Hassan, Blackburn, Sen, Ron Wyden, UnitedHealth’s Organizations: Washington CNN, UnitedHealth, New, New Hampshire Democratic, Tennessee Republican, of Health, Human Services, CNN, HHS, Healthcare, Civil Rights, American Hospital Association, Optum, Capitol, Senate, Oregon Democrat, Federal Trade Commission, Securities and Exchange Commission, SEC Locations: New Hampshire, Tennessee, New York, Wyden

☆ Hunter Biden trial puts America’s addiction crisis back into focus
▼ + stars: | 2024-06-05 | by ( Josh Campbell | ) edition.cnn.com time to read: +5 min

Hunter Biden has pleaded not guilty to charges of illegally purchasing and possessing a gun while abusing or being addicted to drugs, a violation of federal law. Another question probed whether potential jurors or their close associates had ever sought treatment for drug use. During their, at times, emotional answers, prospective juror after juror described how drug use had afflicted people they knew. About 42% of adults in the United States say they personally know at least one person who died from a drug overdose, according to survey findings published earlier this year by the nonprofit research institute RAND Corporation. In addition to illuminating the sheer number of Americans impacted by addiction, Hunter Biden’s trial is also creating critical awareness around the very language used to describe drug use.

Persons: Hunter Biden, Wilmington’s J, Caleb Boggs, “, ”, Scott Hadland, Hunter Biden’s, Andy Mendenhall, Bob Day, McPhillips, Marshall Cohen, Jacqueline Howard Organizations: Mental Health Services Administration, CNN, RAND Corporation, Children, Concern, Portland Police Locations: Delaware, United States, Oregon

☆ Foot Locker leaves our penalty box as CEO Mary Dillon's revamp plan turns corner
▼ + stars: | 2024-05-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Foot Locker surged Thursday after its quarterly earnings report showed signs that CEO Mary Dillon's turnaround plan is starting to pay off. At its highs of the session Thursday, Foot Locker was up nearly 32% before giving up some of those gains. That counts for something, especially when Foot Locker's stock entered Thursday down nearly 35% since the session before the March disaster. Encouragingly, Dillon told CNBC that Foot Locker and Kids Foot Locker saw positive comp-store sales. Foot Locker Why we own it: We are in Foot Locker for the turnaround.

Persons: Locker, Mary Dillon's, Dillon, Thursday's, Foot, Mary Dillon, Jim Cramer, Encouragingly, comps, Nike, we've, Jim Cramer's, Jim, Xavi Lopez Organizations: LSEG, CNBC, Nike, Holding, JD, Dick's Sporting Goods, Shoppers, Lightrocket, Getty Locations: Oregon, It's, Spain

☆ 4 abandoned mansions for sale across the US — and why they're so unsellable
▼ + stars: | 2024-05-26 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

This seven-bedroom 'zombie mansion' near Portland, Oregon, is listed for $1.3 million. The "zombie" house near Portland, Oregon, is now covered in graffiti. In Tigard, Oregon, about 10 miles outside Portland sits a 9,052-square-foot, seven-bedroom house that's never been lived in. It's been abandoned since 2008, after the builder had complications with his building loan during the recession, the Oregonian reported in December 2023. "The bones are good, and when it's built out, it will be a $3 to $6 million property."

Persons: Eric Squires, It's, Eric Squire, Squire, it's Organizations: Oregonian Locations: Portland , Oregon, Tigard , Oregon, Portland

☆ An artist reckons with the dangerous power of advertising and iconography
▼ + stars: | 2024-05-20 | by ( Abigail Glasgow | ) edition.cnn.com time to read: +8 min

The artist Hank Willis Thomas is pointing to one of the images: of two well-dressed, neatly coiffed men standing atop a cliff. "She's Somewhat of a Drag," a 1959 advertisement Thomas repurposed in his series "Unbranded: A Century of White Women." Across his work, Thomas reframes iconic and mundane imagery to connect viewers to historical moments of resistance and reshape our understanding of who counts in society. Here, a pro-football player appears to face off with an enslaved cotton picker, in Thomas' work "From Cain't See in the Mornin' Til Cain't See at Night." His body of work work reflects the observation — and, perhaps, a warning — that we have moved toward “existing in a society of branded consciousness."

Persons: Hank Willis Thomas, Thomas, Aaron Wessling, Jordan, “, Thomas ’, Drummond, —, ” Thomas, mascara, Jordan Schnitzer, ” Schnitzer, ” Thomas ’, Thomas reframes, Barack Obama, ”, “ I’ve, doesn’t Organizations: CNN, Art, White, White Women, Family, Cotton, Corporate America, Civil Rights, American Express Locations: ”, Oregon, United States, Gorée

☆ Biden’s tariffs on Chinese imports are boosting these beaten-down stocks
▼ + stars: | 2024-05-17 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Beaten-down clean energy stocks have rallied this week. The iShares Global Clean Energy exchange-traded fund, which tracks sectors from renewable electricity to semiconductors to solar energy, has gained roughly 3%. Plug Power shares have climbed 33%, Enphase Energy shares have gained 8% and NextEra Energy shares have added 4%. Some investors warn that though the tariffs could continue boosting clean energy stocks, the recent rally isn’t driven by just improving fundamentals. Damaging hacks expose the weak underbelly of America’s health care systemA pair of recent ransomware attacks crippled computer systems at two major American health care firms, disrupting patient care and exposing fundamental weaknesses in the US health care system’s defenses against hackers, reports my colleague Sean Lyngaas.

Persons: New York CNN — It’s, Joe Biden, CNN’s Kayla Tausche, ”, Steve Sosnick, Roaring Kitty, Keith Gill, Dow, Nicole Goodkind, stoking, Gary Pzegeo, ” Read, Sean Lyngaas, cybersecurity, ” Joshua Corman, Sen, Ron Wyden Organizations: CNN Business, Bell, New York CNN, Clean Energy, Enphase Energy, NextEra Energy, Biden, Federal Reserve, Interactive Brokers, CNN, GameStop, AMC Entertainment, Roaring, Dow Jones Industrial, Nasdaq, Markets, Bureau of Labor Statistics, CIBC Private Wealth, “ Industry, Oregon Democrat Locations: New York, China

☆ Damaging hacks expose the weak underbelly of America’s health care system
▼ + stars: | 2024-05-16 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +6 min

Washington CNN —A pair of recent ransomware attacks crippled computer systems at two major American health care firms, disrupting patient care and exposing fundamental weaknesses in the US health care system’s defenses against hackers. Health care lags other industries such as big financial institutions and energy providers when it comes to IT security, according to some experts. The two ransomware attacks hit different nerves of the health care system. Momentum is also growing on Capitol Hill to force health care organizations to meet basic cybersecurity standards. More broadly, the Justice Department last week announced a task force to examine “health care monopolies and collusion” that will guide the department’s approach to “civil and criminal enforcement in health care markets,” where warranted.

Persons: cybersecurity, ” Joshua Corman, Sen, Ron Wyden, ”, cybercriminals, Biden, Anne Neuberger, Mark Warner, ” Carter Groome, Corman, ‘, ” Sen, Marsha Blackburn, Andrew Organizations: Washington CNN, Biden, “ Industry, CNN, Oregon Democrat, ransomware, Change Healthcare, White House, American Hospital Association, Department of Health, Human Services, Virginia Democrat, Healthcare, cybersecurity, Health, Cavalry, UnitedHealth, Optum, Tennessee Republican, Justice Department, UnitedHealth Group, Wall Street, Department Locations: St, Louis, United States, Virginia, Tennessee

☆ Jim Cramer shares his thoughts on Shopify, Reddit, Uber, Arista Networks and Dutch Bros
▼ + stars: | 2024-05-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Shopify : Shares tumbled around 20% after the e-commerce platform said its second-quarter gross margins were expected to be lower than the first quarter. So, do you buy Shopify? "Buy Reddit right here, and the reason why you buy Reddit is there's a shortage of places to put advertising" as more dollars leave traditional channels, Cramer said. Arista Networks : Shares rose nearly 7% after the provider of networking technology delivered better-than-expected quarterly results driven by AI spending from cloud-computing giants. Dutch Bros : Shares jumped 12% after the Oregon-based coffee chain reported a 10% increase in first-quarter same-store sales.

Persons: Jim Cramer's, Jim Cramer, Cramer, company's Organizations: CNBC, Club, Technologies, Arista Networks, Nvidia's, Nvidia, Starbucks Locations: Oregon

☆ I test-drove the 2024 Ford F-150 Raptor. The $84,000 price tag is worth it, especially for off-roading.
▼ + stars: | 2024-05-07 | by ( Jules Rogers | ) www.businessinsider.com time to read: +6 min

Automotive journalist Jules Rogers test-drove the 2024 Ford F-150 Raptor priced at $83,665 and loved it. AdvertisementIn a group of similar trucks, the 2024 Ford F-150 Raptor immediately stands out from the crowd. AdvertisementThe 2024 F-150 Raptor starts at $77,980, and the model I tested was listed at $83,665 with its optional upgrades. Interior and aestheticsThe interior of the 2024 Ford F-150 Raptor. The 2024 Ford F-150 Raptor.

Persons: Jules Rogers, —, Ford Organizations: Service, Raptors, Ford, Audi, Oregon, Raptor

☆ The cancer-stricken winner of the $1.3 billion Powerball jackpot in Oregon will get a $422 million lump-sum after taxes and says he'll keep playing the lottery
▼ + stars: | 2024-04-30 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Read previewThe winner of Oregon's $1.3 billion Powerball jackpot is a 46-year-old Laos-born immigrant who opted to take his winnings in a lump-sum payment — meaning he'll get $422 million. AdvertisementThe total amount to be received by Saephan, his wife, and Chao is $422,309,193.97 after taxes, per the Oregon Lottery. Previously, the biggest Oregon jackpot was announced in 2005 and worth $340 million. The Oregon Lottery said ticket sales have since 1985 earned some $15.5 billion that goes toward parks, schools, veteran services, and other state expenses. AdvertisementThe biggest-ever lottery jackpot in the US was $2.05 billion, won by Edwin Castro in California in November 2022.

Persons: —, Cheng Saephan, he's, Saephan, who's, he'd, Laiza Chao, Chao, Edwin Castro Organizations: Service, Business, Oregon Lottery, Powerball Locations: Laos, Portland, Oregon, California, Texas , Arizona, Georgia , New Jersey, Maryland

☆ Powerball jackpot: Oregon trio revealed as winners of $1.3 billion
▼ + stars: | 2024-04-30 | by ( Kaila Nichols | ) edition.cnn.com time to read: +1 min

CNN —An Oregon man who says he’s been battling cancer for eight years and received chemotherapy just last week is among three winners of this month’s $1.3 billion Powerball jackpot. They will have a good life,” Cheng Saephan, 46, said Monday at an Oregon Lottery news conference. This win was also the largest Powerball prize won in Oregon. The winning ticket was sold at a Plaid Pantry convenience store in Portland, according to the Oregon Lottery. “She’s driving on the way to work,” Saephan said.

Persons: he’s, Cheng “ Charlie ” Saephan, Duanpen Saephan, Laiza Chao, Chao, “, ” Cheng Saephan, ” Saephan, ”, Saephan Organizations: CNN, Oregon Lottery, Plaid Pantry Locations: An Oregon, Oregon, Portland, Laos, Milwaukie , Oregon

☆ Live Updates: Supreme Court to Consider How Far Cities Can Police Homelessness
▼ + stars: | 2024-04-22 | by ( Abbie Vansickle | ) www.nytimes.com time to read: +2 min

Inside a warming shelter, Laura Gutowski detailed how her life had changed since she became homeless two and a half years ago in Grants Pass, a former timber hub in the foothills of southern Oregon. She lived in a sedan, and then in a tent, in sight of the elementary school where her son was once a student. Many states and cities that are increasingly overwhelmed by homelessness are hoping the Supreme Court overturns that decision — or severely limits it. The case highlights the fierce divide over the thorny issue of how to regulate homelessness. Theane Evangelis, a lawyer representing Grants Pass, said the Supreme Court’s decision would reverberate widely.

Persons: Laura Gutowski, “, ”, Gutowski, Theane, Ed Johnson Organizations: Oregon Law Center, Homelessness Locations: Oregon, Grants, United States

☆ Big corporations are quietly taking over your medical practice. Some doctors and experts say it's ruining healthcare.
▼ + stars: | 2024-04-11 | by ( ) www.businessinsider.com time to read: +17 min

UnitedHealth Group struck a deal in March to buy the nine-state doctor group of the struggling hospital system Steward Health Care. AdvertisementDoctors are hot commoditiesIt's tough to lump the many buyers of medical practices together, as they're pursuing different strategies. Insurers like UnitedHealthcare and CVS' Aetna are required by federal law to spend most of the money they collect in premiums on medical care. Plus, running a modern medical practice is expensive, requiring investments in staffing, technology, and electronic health records. Advertisement"The corporate practice of medicine is the reason why healthcare costs are out of control," Li said.

Persons: —, UnitedHealth's Optum, That's, UnitedHealth, there's, They're, Farzad Mostashari, UnitedHealth's chokehold, Chas Roades, Yashaswini Singh, Singh, Roades, Nick Jones, they're, Optum, Jones, Mitch Li, Li, Michelle Cooke, Cooke, she's, Ben Bowman, Bowman Organizations: Service, UnitedHealth, Health Care, CVS Health, Walgreens, Physicians, Research, US Justice Department, CVS, Aetna, Brown University, Harvard Medical School, Oregon Medical Group, JAMA, Amazon, The Washington Post, Federal Trade Commission, US Department of Justice, Department of Health, Human Services, Oregon State, Corvallis Clinic Locations: Oregon, New York, UnitedHealth, Optum, California, The, Atlanta

☆ 100,000 Live Salmon Spilled Off a Truck. Most Landed in a Creek and Lived.
▼ + stars: | 2024-04-03 | by ( Christine Hauser | ) www.nytimes.com time to read: +1 min

On a recent morning in March, while dew was still on the road, there occurred the salmon smolt mishap of Northeast Oregon. It was about 10:30 a.m., early enough for there to be dew on the road. After navigating a sharp corner, the 53-foot tanker, which was carrying about 102,000 fish, rolled onto its passenger side, skidded, went down a rocky embankment and flipped onto its roof. Tens of thousands of live fish were hurled out of the truck and swept into the Lookingglass Creek or onto its banks. The young salmon, or smolts, lucky enough to drop into the creek are expected to persevere in their migration from the Grande Ronde River to the ocean.

Organizations: The Oregon Department of Fish, Wildlife Locations: Northeast Oregon, Elgin , Ore, skidded, Grande

☆ Hannah Hidalgo: Notre Dame star misses several minutes of Sweet 16 defeat while staff struggle to remove nose piercing
▼ + stars: | 2024-03-30 | by ( Issy Ronald | Kevin Dotson | ) edition.cnn.com time to read: +2 min

3 Oregon State on Friday in the Sweet 16, as its star player Hannah Hidalgo missed over four minutes of the game during which team staff struggled to remove her nose piercing. After playing the first quarter and scoring four points, All-American freshman guard Hidalgo was off the court for nearly half the second quarter as team staff struggled to remove her nose piercing with pliers. Notre Dame coach Niele Ivey told reporters that Hidalgo had worn a nose piercing all season without having to remove it. The Oregon State Beavers celebrate after defeating the Notre Dame Fighting Irish. However, Timea Gardiner scored 21 points, 11 rebounds and four assists for Oregon State, who next take to the court against South Carolina in the Elite Eight.

Persons: Hannah Hidalgo, Hidalgo, “, couldn’t, Niele Ivey, Sarah Stier, ” Ivey, Scott Rueck, hadn’t, Sonia Citron, Timea Gardiner Organizations: CNN, Notre Dame, Oregon State, ESPN, ”, Oregon State Beavers, Notre Dame Fighting Irish, South Locations: Oregon, South Carolina

Tina Kotek wants to scrap a plan to implement tolls on large sections of two Portland-area interstates, she said Monday. Kotek sent a letter to the Oregon Transportation Commission on Monday saying the Regional Mobility Pricing Project for Interstate 5 and Interstate 205 should be halted, KGW-TV reported. Kotek’s letter came a few weeks after a survey found a majority of Oregon voters opposed the Regional Mobility Pricing Project tolls, KOIN-TV reported. Photos You Should See View All 60 ImagesThe move also came after the Oregon Department of Transportation produced a report on the equity impacts of tolling and the agency’s plan to mitigate the impacts on low-income Portlanders. Beyer said “metro leadership views on tolling have changed” and “local and regional opposition to tolling makes clear that Oregon is not ready for regional tolling."

Persons: Tina Kotek, Kotek, ”, Julie Brown, Lee Beyer, Kris Strickler, Beyer, Strickler, ” Brown, ” Kotek, Washington that’s Organizations: —, Oregon Transportation, Oregon Department of Transportation, ” Oregon Transportation, Washington Locations: PORTLAND, — Oregon, Portland, Oregon, ” Oregon

☆ 4 reasons to explore Portland, Oregon, from tax-free shopping to mountain views and an award-winning food scene
▼ + stars: | 2024-03-01 | by ( Sponsor Post | Created Insider Studios With | ) www.businessinsider.com time to read: +5 min

Portland, Oregon, was named one of the best travel destinations in the US by Forbes. Here are four things you'll experience when in Portland that make it well worth a trip — or many. Award-winning food scenePortland's food scene is a true standout, rich in both quantity and quality. Also within Forest Park, visitors who want to mix nature and culture can hike to the Victorian-era Pittock Mansion. Explore the official guide to PortlandThis post was created by Insider Studios with Travel Portland.

Persons: Forbes, Bookworms, —, Louis Vuitton, Gucci, James Beard, Gregory Gourdet, There's, Lan, there's Organizations: Forbes, Nines, Portland Farmers, Portland State University, of, Portland Rose, Insider Studios, Travel Portland Locations: Portland , Oregon, Portland, Powell's, Mount Hood, Chinatown, Oregon Coast, Portland's, Forest Park, Mount Tabor

☆ Ye Spends a Second Week at No. 1 With ‘Vultures 1’
▼ + stars: | 2024-02-26 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

Ye, the rapper and provocateur formerly known as Kanye West, has the No. 1 album for a second week with “Vultures 1,” narrowly beating out a new release from the Oregon rapper Yeat. He released “Vultures 1” independently and promoted the album with a pair of well-attended listening events at arenas in Chicago and Long Island. It is Ye’s first album to spend more than a single week at No. According to an estimate computed by Billboard, “Vultures 1” earned about $1 million in its first week from sales and streams in the United States alone.

Persons: Ye, provocateur, ”, Yeat, Ty Dolla, Jay Organizations: “, Billboard Locations: Oregon, United States, Chicago, Long

☆ Remains of Oregon teen who went missing over 50 years ago are identified after someone uploaded their DNA into genealogy site
▼ + stars: | 2024-02-25 | by ( Dalia Faheid | ) edition.cnn.com time to read: +3 min

CNN —The remains of a Portland, Oregon, teenager who vanished in the late 1960s have been identified through advanced DNA testing more than 50 years after she went missing, authorities said. In 1970, a Boy Scout troop leader discovered the girl’s remains buried in a shallow grave on Sauvie Island in Oregon. Investigators at the time were unable to identify them, but noted that that trauma to the body indicated foul play, Oregon State Police announced in a news release on Thursday. Family members told authorities they believed Young went missing from Portland around the time the remains were discovered, according to the news release. “Sandra Young has now regained her identity after 54 years,” said Dr. Nici Vance of the Oregon State Medical Examiner’s Office.

Persons: Sandra Young, Young, “ Sandra Young, ”, Nici Vance, Sandy Young’s, ” Vance Organizations: CNN, Boy Scout, Investigators, Oregon State Police, Grant High School, Oregon State Medical Examiner’s Office, Oregon, Medical Examiner, Portland Police Locations: Portland , Oregon, Oregon, Portland, Sauvie, ”

☆ Oregon is giving homeless young people $1,000 a month to get back on their feet. Here's how it's going.
▼ + stars: | 2024-02-24 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

As state leaders scramble to address the problem, one solution is showing some promise: Give those young people $1,000 cash every month, no strings attached. AdvertisementSo far 120 young people across the state are receiving the direct cash payments, the report says. Participants receive payments of $ 1,000 a month. AdvertisementThe Baltimore Young Families Success Fund , for example, gives young parents in the city $1,000 a month. In Denver, the city recently extended a basic income program offering some residents up to $1,000 a month after participants reported increased housing security .

Persons: —, Anjala Huff, Huff, Tonaeya Moore, Austin, Sen, Paul Bettencourt Organizations: Service, Business, The Oregon Department of Human Services, DHS, Baltimore Young Locations: Oregon, Multnomah County, Portland, Maryland, Denver, Iowa , South Dakota , Arizona, Texas, Harris County, Houston

☆ Republicans vote unanimously to ban basic income programs in a state with one of the highest homelessness rates
▼ + stars: | 2024-02-24 | by ( Katie Balevic | Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Arizona House Republicans unanimously voted to ban basic income programs in the state. They say guaranteed basic income programs are like socialism. In Iowa, Republican state Rep. Steve Holt introduced a bill to ban basic income programs last month, calling them "socialism on steroids." AdvertisementThe bill's sponsor, Sen. John Wiik, said basic income programs are a "socialist idea" during a committee meeting on February 5. "Guaranteed income programs, also known as basic income, undercut the dignity in earning a dollar, and they're a one-way ticket to government dependency," Wiik said in the hearing.

Persons: —, Lupe Diaz, Diaz, Steve Holt, Sen, John Wiik, Wiik Organizations: Arizona, Service, Republican, Business, — Locations: Arizona, United States, Baltimore, Oregon, Austin, Harris County , Texas, Houston, In Iowa, South Dakota

Nike is cutting 2% of its current workforce, or more than 1,500 jobs, as part of a broader restructuring, the company said late Thursday. Cuts in Nike's EMEA region will be on a different timeline based on local labor laws, the company said. In December, Nike unveiled a broad restructuring plan to cut costs by about $2 billion over the next three years. Shortly before the restructuring was announced, The Oregonian reported that Nike had been quietly laying off employees over the past several weeks and had signaled that it was planning for a broader restructuring. It's not clear how many jobs in total Nike has cut since December.

Persons: Jordan, John Donahoe, It's, Oppenheimer, Donahoe Organizations: Nike, CNBC, The Oregonian Locations: Beaverton , Oregon, EMEA

Search resuls for: "The Oregon"

25 mentions found