Purdue Pharma targeted Oregon seniors in a deceptive marketing campaign for the opioid painkiller OxyContin and lied to the Oregon Board to Pharmacy to boost its profits, Attorney General Ellen Rosenblum alleged in a lawsuit filed Thursday. Purdue misrepresented the risks and benefits of the drug and engaged in a pattern of racketeering and other misleading activity, according to the complaint filed in Multnomah County Circuit Court. Rosenblum contends Purdue violated a stipulated Oregon judgment…

Here’s a familiar story: Portland home prices continue to climb. According to the latest report from the Regional Multiple Listing Service, the average home price rose nearly 6 percent through August of this year versus the same time period last year. The average sales price hit $454,500 in August, up from $429,000 in August 2017. Though prices were up, other areas of the market seemed to have cooled some. August’s 2,760 closed sales were a little over 10 percent cooler than those of August 2017,…

State’s largest utility was seeking 4.8 percent increase in overall customer prices.

Never had so many business leaders packed into the massive ballroom at the Washington Hilton on the off chance the tech leader and richest man alive said … something.

Chinese electric carmaker Nio may have limped out of the gate in its IPO, but the company found its footing on its second day of trading, leaping 75 percent by the closing bell. Shares gained another 10 percent overnight, and will likely open around $13 today — more than double its IPO price. Nio employs more than 500 people at its U.S. headquarters in North San Jose, whose operations are led by former Cisco executive Padmasree Warrior. The company launched in 2014, and has grown rapidly on its…

Kelly Swanson helps people develop their passions and build dynamic teams at Clarity Technology Partners.