Salem Business Journal archive
680 articles · Page 45 of 68
App Invests in Willamette Valley Farming
Farmland offers a finite and essential resource with consistent returns, often outperforming inflation and equities. Platforms like AcreTrader are democratizing farmland investments, previously available only to institutions. They emphasize data-driven due diligence and professional land management to optimize returns, ensuring only top-quality farms are acquired and managed for long-term value.
New Boys & Girls Club Branch Opens in Northeast Salem
The Boys & Girls Club of Salem inaugurated its Epping Homestead Branch on September 28, targeting an underserved Northeast Salem area. This eighth branch will serve over 200 local children, promoting academic success and healthy lifestyles. Funded by a $16 million campaign, it's designed to foster growth and community support for kids in need.
Oregon Taxes for Upcoming Ballots
As inflation rises and elections approach, Americans focus on money-saving strategies, including tax plans. In 2018, they paid $3.3 trillion in federal taxes and $950.5 billion in state taxes. Tax structures vary by state, influencing residents' total tax burden and funding for public services like education and healthcare.
1 in 4 Oregonians are spending their savings now to lock in lower prices, before inflation rises, finds study
Inflation has overtaken Covid as the primary concern for Americans, triggering panic due to rising prices and stagnant wages. Many, including 27% of Oregonians, are making unnecessary purchases to secure lower prices. Additionally, searches for gold stocks surged amid inflation fears, particularly in states like Maine and Massachusetts.
LAWMAKERS PUSH $22B INCOME TAX FOR FREE HEALTH PLAN
A task force released a draft report proposing a comprehensive statewide health insurance plan for Oregon, eliminating various costs and funded by federal revenue and new taxes. If approved, it would go to a public referendum. Critics argue it could lead to inefficient government control over healthcare and urge opposition to the proposal.
Understanding Paid Family Medical Leave fund
Starting in 2023, Oregon will implement a Paid Family Medical Leave program, allowing workers to apply for paid leave starting September. This law, passed in 2019, enables up to 12 weeks of paid leave for various qualifying reasons. Workers contribute 1% of their wages, with employers contributing 40%.
Marco Polo Restaurant Changing Ownership after 21 years
Marco Polo Global Restaurant in Salem is under new ownership after 21 years, with Patty Pakulak taking over from retiring owners Jackey and Cathay Cheung. Pakulak, a former employee for 12 years, aims to continue the restaurant's legacy, maintaining the same menu and staff while offering diverse dietary options.
Five Questions to Ask When Reviewing Your Insurance Policy
As costs rise, checking with your insurance provider can uncover discounts and ensure adequate coverage. Evaluate available discounts, update your policy for life changes, confirm your home's value, review coverage for extreme weather, and avoid raising deductibles. Collaborate with an agent for optimal protection at a reasonable cost.
What's in your attic?
The Oregon State Capitol Foundation is initiating a search for missing portraits of former governors in Oregon to preserve state history. Many portraits were lost in a 1935 fire, while others may still exist in homes or institutions. Public assistance is sought to catalog these artworks, promoting awareness and historical learning.
Serving others, secret to success for local business leader
Jose Gonzalez's journey from a strawberry picker to the founding president of the Latino Business Alliance exemplifies resilience. He overcame personal and economic challenges, including the Great Recession, through hard work and community involvement. Today, as a Salem City Council member and entrepreneur, he emphasizes the importance of helping others and fostering growth.