Investment bank Morgan Stanley stands to make big bucks if Palantir, the Peter Thiel-backed data mining startup based in Palo Alto, finally goes public, according to Bloomberg. The publication reported Wednesday: Palantir, now 14 years old, is one of the Valley’s highest-valued unicorn startups, with a valuation of $20 billion. Thiel’s stake alone is worth an estimated $8 billion. The company’s other co-founders are CEO Alex Karp, Stephen Cohen and Joe Lonsdale. The company expects to…

Get ready to see a lot more “Just Do It” merchandise. Behind the buzz created by an ad campaign celebrating the tagline’s 30th anniversary, Nike is starting to push an assortment of footwear and merchandise with the iconic phrase, which celebrates physical activity and overcoming adversity. In mid-June, the sportswear giant started releasing a line of footwear emblazoned with the catchphrase. On Sunday, the first floor of the company’s trendy SoHo store, which serves as the “sharpest point” of…

This week’s goings-on in the Portland real estate scene.

Shares of social media companies are feeling the heat on Wednesday morning as executives from Facebook and Twitter face a grilling in Congress.

Seven Seattle-area businessmen were named as backers of the potential NHL franchise. The group also said it had three pending deals with the city of Seattle, including a long-term lease.

Chinese electric car maker Nio, whose U.S. headquarters is in San Jose, is set to go public next week. It will be the 19th IPO this year from a company with a headquarters in the region and there are five more lined up to follow it.