A looming sewer charge will help big industry—and cost your corner cafe.
Marilyn DeVault has watched several businesses in her
neighborhood close down in recent years. Her bakery, the award-winning
Piece of Cake in Sellwood, remains popular and busy.
But she fears th
Union Pacific conceded up front that state subsidies to improve its rails wouldn’t create jobs.
Over the past six years, the state of Oregon has handed
out $295 million in subsidies to local governments and private companies
to help build and repair ports, rail lines and public transit.
Union Pacific has billions in profits. So why is Oregon subsidizing the rail giant?
When it comes to shipping companies, few are bigger than
Union Pacific. The rail giant controls 32,000 miles of track across most
of the Western U.S. Last year, the company had profits of $3.3 bil