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After several $100 bills were tossed on I-5: “I got paid to shut my mouth,” McCarthy said. “By whom?” the trooper asked, his body-worn camera capturing the exchange. “Powerful men,” McCarthy said. A must-read by Noelle Crombie Mike Rogoway for The Oregonian oregonlive.com/business/2024/…

Oregon CEO’s sex abuse conviction and fresh allegations spotlight issues in corporate accountability oregonlive.com/business/2024/…

Crescendo CEO Matt Price, a former Zendesk SVP, lives in Portland. Moved here from SF: "Being a Brit, I love rain and soccer," Matt says. "No better place in the US for that combo than Portland." bloomberg.com/news/articles/…

Les Schwab's sale process is progressing, PE HUB reports: pehub.com/on-the-block-a…

Saw some robots

Intel began laying off 1,300 Oregon workers this week. It plans to eliminate 15,000 jobs across the company by mid November, the biggest cuts in company history. Many other Oregon workers took buyouts or early retirement this fall. oregonlive.com/silicon-forest…

With data center power needs soaring, Oregon faces a looming energy shortage. Amazon hopes nuclear reactors could help alleviate the power crunch. Oregon outlawed nuclear plants in 1980 so Amazon would put its reactors nearby, in the Tri-Cities. oregonlive.com/silicon-forest…

Intel initially told state workforce officials that they would have to visit the company's offices to see the job titles of the 1,300 Oregon employees laid off last week. The state asked for the data anyway and Intel complied. oregonlive.com/silicon-forest…

Poor initial reception for 18A, struggles with AI, bad blood with TSMC and Google. Q3 results coming on Halloween.

Frightening news for Oregon's chip industry on Halloween. Intel and Oregon had made this lithography research hub a top priority. (There are still two other NSTC sites yet to be awarded and Oregon remains in contention for those.) oregonlive.com/silicon-forest…

Asked directly Thursday about breaking up Intel into a factory and design business, CEO Pat Gelsinger said he doesn't want to go that route. “Our simple view is distinct (businesses), but better together.”

Strike two