Les Schwab Tire Centers has cut approximately 70 positions at its Bend headquarters as part of a corporate restructuring. The company says affected employees will receive severance and extended benefits, while the changes will help realign headquarters resources as the Oregon-founded retailer continues expanding its network of more than 600 stores.

A Klamath Falls coffee business has been named the Portland District SBA Rural Business of the Year, marking the first time the award has been presented to a rural business in Oregon. Owners Carly and Ryan Lynch were honored during a ceremony at their Spring Street location and credited the Klamath Community College Small Business Development Center for helping them build and grow the business.

The Klamath County Economic Development Association will host its 5th Annual Economic Summit on January 28, 2026, bringing together business leaders, policymakers, and regional experts to discuss economic trends, workforce development, and strategies for long-term growth in Klamath County.

The U.S. Mint has officially ended production of the penny after more than two centuries, citing rising costs and shifting consumer habits. The coin will remain legal tender, but some Oregon retailers — including a well-known Medford store — are already adjusting with new rounding policies for cash purchases.

Columbia Sportswear has named two new co-presidents as part of a long-term succession plan, positioning the Oregon-based outdoor apparel company for its next phase of global growth.

Pacific Crest Federal Credit Union will become Sage Credit Union on January 1, 2026, reflecting its expanded charter and new chapter of growth across Oregon and Nevada.