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Micron to buy out Intel plant in Lehi, Utah (access required)

photo of micron lehi

The other shoe dropped earlier this month when Micron announced it was acquiring the assets of an Intel partnership that ended in October for $1.5 billion. The Boise company said it would purchase Intel’s interest in the parties’ joint venture, ...

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Utah starting $2.5M debt forgiveness program for tech grads

SALT LAKE CITY (AP) — Utah is rolling out a program to forgive college debt for tech workers who stay and work in the state. Lawmakers created the Talent Development Incentive Loan Program $2.5 million program last year to retain ...

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5G comes one step closer to Boise

photo of small cell transmitter in Boise

While nobody has announced 5G mobile networks in Idaho yet, Ada County has taken a step that could bring them closer, by making it easier for mobile network providers to install the transmitters they need. The ordinance, which was passed by ...

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Small business optimism showing early signs of slippage

NEW YORK (AP) — The fears of a slowing economy that sent stocks falling the past few months may be spreading to small business owners who have been quite optimistic in recent years. The problem for businesses is consumer spending ...

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UN forecasts global economic growth around 3 percent in 2019

UNITED NATIONS (AP) — The global economy will grow around 3 percent annually in 2019 and 2020, but waning support for multilateralism, escalating trade disputes, increasing debt and rising climate risks are clouding prospects, the United Nations said Monday. The ...

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Treasure Valley mayors: Housing not keeping pace with population, job growth (access required)

Despite a hot economy with steady increases in wages and employment, many Treasure Valley residents can’t keep pace with the rising cost of housing. That subject was front and center last week when mortgage lenders, realtors, housing advocates and business ...

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Zillow expands direct home purchase program to Portland, four other markets

Zillow, the online real estate and rental marketplace, will expand Zillow Offers to Portland, Oregon, and four other markets in 2019, citing strong demand for the direct purchase program. In addition to Portland, Zillow Offers will launch in Miami, Minneapolis-Saint Paul, ...

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Washington Federal buys Bodybuilding.com building (access required)

Seattle-based Washington Federal has purchased a nearly 100,000-square-foot building within the Boise Research Park to expand its operational presence in the Treasure Valley and the state of Idaho, the bank announced. In a Jan. 8 news release, the company said ...

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Microsoft pledges $500M to tackle Seattle housing crisis

SEATTLE (AP) — Microsoft says it will devote $500 million to address a problem its own success helped create: the severe need for affordable housing in the Seattle area. As the tech industry Microsoft brought to the region has boomed ...

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Boise #5 for innovation in Verizon’s national list

photo of micron

The Boise metro area is one of the best in the country for innovation, taking the #5 spot in new rankings from Verizon. To come up with the list, Verizon looked at the number of patents produced in a city compared to ...

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