Matthew Kish

Nike late Thursday announced a $300 million cost-cutting charge, mostly related to recent layoffs: www.oregonlive.com/business/202...

Nike Is Moving Jobs to Low-Wage Regions of Indonesia After moving manufacturing to the developing world to save on labor, Nike and other apparel brands are shifting employment in their Indonesian supply chain away from high-wage parts of the country and...

NEW: Nike says its factory workers should earn enough to pay their basic needs and have some money left over.

In Indonesia, its factory workforce has shrunk where the minimum wage is considered enough to live on.

And it has grown, dramatically, where the opposite is true.

Nike says factory workers should earn enough to pay their basic expenses and have some money left over. But its expansion in Indonesia over the last decade has directly undermined this goal, an analysis by @propublica.org and @oregonian.com found.

www.oregonlive.com/business/202...

Nike says its factory workers make nearly double the minimum wage. In Indonesia, workers say, ‘It’s not true’ The Oregonian/OregonLive spoke with roughly 100 workers in Nike’s second-largest production hub. None said they made anywhere near twice the minimum wage.

For @oregonian.com and @propublica.org: The average worker at suppliers that make Nike’s goods earns 1.9 times the local minimum wage, the company says.

None of the workers I spoke with in Indonesia, Nike’s second-largest production hub, said they made that much.

www.oregonlive.com/business/202...

Football made him a star. Poetry, and Portland, made him whole. | Bill Oram After the world watched him suffer a career-ending injury, the former NFL draft pick says Portland gave him his life back.

An ugly injury ended his career but Marcus Lattimore could always fall back on being a South Carolina football icon.

But after a few years, he started to ask: "Is this all it's gonna be for me?"

He moved to Oregon, found a home and found his voice — remarkably, as a poet.

New at @oregonian.com:

Phil and Penny Knight pledge $2 billion to OHSU to ‘revolutionize’ cancer care The charitable donation, one of the largest in higher education and state history, will support cancer research.

OHSU on Thursday announced a $2 billion gift from Phil and Penny Knight that could "revolutionize" cancer care:

Trail Blazers buyer wants more local investors. One Oregon billionaire is interested It’s unclear how many Oregonians could ultimately own part of Portland’s NBA team.

Columbia Sportswear CEO Tim Boyle said he would be interested in joining Tom Dundon's ownership group “if it helped to keep the team here." He told @matthewkish.bsky.social that he would represent only a "tiny speck" of overall investment. www.oregonlive.com/blazers/2025...

Keen quietly closed its Portland factory: report The Portland company will open a larger factory in Kentucky, according to the Wall Street Journal.

Keen quietly closed its Portland factory, according to a WSJ report

Nike co-founder Phil Knight no longer interested in purchasing Trail Blazers Knight made an offer on the team in 2022.

Knight made an offer on the team in 2022.

How Trump’s Tariffs Could Affect Nike and Its Workers The sportswear company offers a case study in the ripple effects of the global trade war, including how workers can get squeezed.

Good explainer. How Trump’s Tariffs Could Affect Nike, Its Workers and Prices @matthewkish.bsky.social @oregonian.com

How Trump’s on-again, off-again tariffs have rattled Oregon small businesses A 90-day pause on most new tariffs hasn’t calmed fears that some companies could be wiped out.

Lots of focus on the trade war's impact on big industry. Here's @matthewkish.bsky.social on how the tariffs are clobbering Oregon small businesses.

“The reality is everything is just on hold...If this does not get sorted out in the next 90, 120 days, we will end up having nothing to sell.”

CEO Lip-Bu Tan plans a ‘new Intel’ that looks a lot like the old one "Under my leadership, intel will be an engineering focused company," he promised, pledging to return Intel to its roots.

Meet the new boss.

Same as the old boss?

People say information wants to be free, but the truth is that if @jamiebgoldberg.bsky.social didn't track down these facts, the public would never know.

Watchdog reporting like this is why local news matters

Jury deadlocks in class action lawsuit against Umpqua Bank over customer’s Ponzi scheme A retrial is tentatively scheduled to begin on April 28.

The jury couldn't reach a verdict:

Nike settles sweeping sex discrimination lawsuit The case was scheduled for trial next month. The settlement includes the recognition of an unspecified class of plaintiffs.

Weeks before an expected trial, and days after Nike's female-focused Super Bowl ad, a sweeping sex discrimination lawsuit against the company has tentatively settled, likely ending a yearslong legal fight about its treatment of women.
@matthewkish.bsky.social
www.oregonlive.com/business/202...

Class action against Umpqua Bank over customer’s Ponzi scheme heads to trial next week Plaintiffs hope to recover upwards of $360 million. The bank plans to “vigorously” defend itself.

Hundreds of Northern California investors who allege Umpqua Bank backed a customer's $450 million Ponzi scheme will make their case in a California courtroom next week.

@matthewkish.bsky.social reports:

Wells Fargo announces hundreds of Oregon layoffs The layoffs include 500 in Hillsboro and 221 in Salem.

Wells Fargo on Wednesday announced 500 layoffs in Hillsboro and 221 in Salem:

Intel CEO Pat Gelsinger retires abruptly amid chipmaker’s deepening struggles He spent the first 30 years of his career at the chipmaker, then returned in 2021 in hopes of reviving the business. It hasn't gone well.

Pat Gelsinger is the fourth consecutive Intel CEO with an unexpected departure. the chipmaker is once again scrambling to find a replacement.

Intel finalizes $7.9 billion in federal subsidies for scaled-back expansion The Biden administration is in the uncomfortable position of awarding subsidies to a company that's cutting jobs.

Intel got its $7.9B in CHIPS Act subsidies. The deal includes $1.9B for spending in Oregon.

The final agreement reflects Intel's delayed and scaled back expansion amid financial trouble.

It's unclear when, or if, the company will build the fourth phase of its D1X research factory in Hillsboro.

Nike’s top HR executive announces retirement as executive shuffle continues Treasure Heinle will succeed Monique Matheson as Nike’s top human resources officer on Jan. 6.

Nike on Monday said Treasure Heinle will succeed Monique Matheson as the company's top human resources executive.

Still figuring out the difference between lists and feeds and starter packs, but I'm trying to put all my Oregon news sources in one spot. Is this anything? Should it have been a list? Who am I missing?

Goodbye to record-breaking kicker tax rebates? Oregon’s new state economist revamps revenue forecast But the strong economy means the next kicker is getting bigger.

Oregon state revenues have exceeded forecasts in every budget cycle since 2011.

The new state economist wants to reform the forecasts, hoping for more accurate budget projections (which would, in turn, mean smaller kickers...or none at all).

Big League Chew, invented on Portland baseball field, sues manufacturer in sticky trademark dispute Rob Nelson came up with the idea for Big League Chew in 1977 when he pitched for the Portland Mavericks.

Big League Chew, which was invented by a Portland Mavericks pitcher, on Monday filed a trademark lawsuit against a licensing partner:

for local business stories, try @kcd.bsky.social @elliotnj.us @matthewkish.bsky.social @rogoway.bsky.social @jonathanmbach.bsky.social

Hello, BlueSky!

We have a list of all of our reporters on here as of now. You can give the list a pin to your home feed or find your favorite Oregon journalist to follow 😉

We will see you out there in the skeets!

bsky.app/profile/did:...