Economy

Economy

More questions arise about state investments in private equity

For years, top Oregon officials have publicly defended the state’s investments in private equity within its $100 billion pension fund, but internal emails obtained by the Oregon Journalism Project reveal that then-State Treasurer Tobias Read was quietly sounding alarms about the mounting risks and lackluster returns.

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Federal government

Deep RVTD bus service reductions begin valleywide Tuesday

The Rogue Valley Transportation District will begin major service reductions starting Tuesday, Sept. 2, due to financial strain caused by delayed federal funding. The cuts to service include the Medford-Ashland Express (Route 1X), shortened weekday hours and a complete suspension of Saturday service.

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Business

Ashland Rite Aid announces closure date, CVS to move in

Ashland will face another shift in its local pharmacy landscape as Rite Aid closes its doors on Sept. 22. Ashland Drug will remain the town’s only locally-owned pharmacy as ongoing pressures from insurance companies and rising costs threaten the profitability of small pharmacies.

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