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Apple’s employee health clinic makes its most senior hire to date
Apple Inc.’s private network of employee health clinics is on a hiring spree, bringing on more than 40 people in the last three months alone. This month, Apple-run AC Wellness made its most-senior hire yet, bringing on former Sutter Health executive M. Osman Akhtar, CNBC reports. It’s still unclear what Akhtar’s role will be at Apple. He’ll report to Apple executive Sumbul Desai, who’s led AC Wellness’ hiring blitz. Akhtar spent seven years in operational roles at Stanford University’s…
AR startup Meta suspends operations after it loses crucial Chinese investor
The company is suspending operations at its Silicon Valley headquarters after a Chinese investor dropped out, citing trade war concerns.
Oregon insurers enjoy steady premium growth but property and casualty losses rise sharply (Infographic)
Between 2014 and 2017 health, accident, property and casualty premiums rose almost 20 percent, though growth slowed in 2017 as some losses continued to mount.
Oregon AG Rosenblum accuses OxyContin maker of deceptive marketing
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…
Portland’s home prices continue to climb well into 2018
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,…
PGE’s proposed rate hike shrinking
State’s largest utility was seeking 4.8 percent increase in overall customer prices.

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