Matthew Kish

The release of the Alphafly 4 comes two months before a critical investor event at which Nike is expected to showcase its product pipeline.

Commissioners considered small increases in rental car and hotel taxes, but a public hearing and final vote haven’t been scheduled.

Shares are down 49% in the past year, but Elliott Hill said at Nike’s annual meeting the “foundation is stronger” at the sportswear giant and his comeback plan is working.

The sportswear company remains in the S&P 500 and the Dow Jones Industrial Average.

The closure of the Schneider Electric facility is the second plant closure announced this week in the Portland area.

The Port of Portland said some rental car companies also are being impacted by the network problems.

J.R. Johnson’s Portland facility will close by Oct. 31. It’s part of Illinois-based Watterson Restoration and Facility Solutions.

The deal includes a commitment to expand access to youth sports in Portland, especially for girls.

The figure is above the NBA average, but experts cautioned against using it as a measuring stick for the deal.

The company makes hunting bows. It's the second mass layoff for the Eugene and Springfield area this week.