Tagged: Business

Coos Bay is one of six ports in the northwest pursuing a deal to build a coal export terminal. The coal would come from mines in Montana and Wyoming. If the companies reach a deal with the port, it won’t be the first time coal is big business on Oregon’s south coast.

Oregon's unemployment rate edged down to 8.6 percent in March, essentially unchanged from 8.7 percent the month before. At 8.6 percent, Oregon's unemployment rate is higher than the national average. It stands at 8.2 percent.

But Employment Department Spokesman, Tom Fuller, says Oregon's economy appears to be improving, and fewer and fewer people are claiming unemployment insurance.

A prominent wind energy company – with North American headquarters in the Pacific Northwest – may be acquired by a rival Chinese corporation. Correspondent Courtney Flatt has more.

A Danish newspaper is reporting that two Chinese companies are considering takeover bids for Vestas Wind Systems. The Danish firm’s North American headquarters are based in Portland.

Vestas has faced financial trouble over the past year. The company’s chairman and chief financial officer resigned in February.