After the re-opening of the Galveston/Riverside intersection on Sept. 17, traffic will flow more freely to Galveston Avenue businesses. The people spoke, and the City listened. After hearing complaints from business owners at the Sept. 4 City Council meeting, the City announced Friday it will re-open the intersection of Galveston Avenue and Riverside Boulevard on […]
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Jury rules Les Schwab violated wage laws
Les Schwab could be fined millions for violating Oregon wage laws
Les Schwab could be on the hook for millions of dollars in fines after a jury in Portland decided today that the company failed to appropriately compensate assistant managers for overtime work.
The Bend-based tire company pushed its assistant managers to work an average of 66 hours per week without receiving overtime pay, the jury ruled.
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BOTC Pledges a Billion in Local Lending
Bank of the Cascades announced Thursday that it is pledging to make a billion dollar’s worth of loans to small businesses and other customers in its Oregon and Idaho markets over the next three years.
New CEO Terry Zink, who recently took over the leadership of the Bend-based Bank from longtime CEO Patti Moss, said in a press release that the decision to commit to the aggressive lending strategy was based on the bank’s belief that increased lending is key to the region’s economic recovery.