A11 B USINESS THE BULLETIN • WEDNESDAY, MARCH 3, 2021 q DOW 31,391.52 -143.99 BRIEFING Oregon Brewers Festival canceled The Oregon Brewers Festival has been can- celed for the second con- secutive year because of the COVID-19 pandemic. Art Larrance, who founded the festival in 1988, said the deci- sion was made Monday night to skip a second year because, despite vi- rus numbers dropping and vaccines becoming more available, there isn’t enough time to get the event organized. Port- land’s signature gath- ering of craft breweries has grown to become one of the largest on the West Coast, attracting over 50,000 attendees annually. “The brewers need time to get their brews lined up, and all the peo- ple that help us need to make their schedules,” Larrance said. “You’ve got to plan way out in advance. You just don’t go put one together in one day.” The festival had been scheduled for July 28-31 at its venue for decades, downtown’s Tom McCall Waterfront Park along the Willamette River. Intel to pay $2.18B after losing trial Intel Corp. was told to pay VLSI Technology LLC $2.18 billion by a federal jury in Texas after losing a patent-infringement trial over technology related to chip-making, one of the largest patent-dam- ages award in U.S. history. Intel infringed two patents owned by closely held VLSI, the jury in Waco, Texas, said Tuesday. The jury rejected Intel’s denial of infringing either of the patents and its ar- gument that one patent was invalid because it claimed to cover work done by Intel engineers. The patents had been owned by Dutch chip- maker NXP Semiconduc- tors Inc., which would get a cut of any damage award, Intel lawyer Wil- liam Lee of WilmerHale told jurors in closing ar- guments Monday. VLSI, founded four years ago, has no products and its only potential revenue is this lawsuit, he said. “Intel strongly dis- agrees with today’s jury verdict,” the company said in a statement. “We intend to appeal and are confident that we will prevail.” Hackers in China target Microsoft China-based gov- ernment hackers have exploited a bug in Mic- rosoft’s email server soft- ware to target U.S. organi- zations, the company said Tuesday. Microsoft said that a “highly skilled and so- phisticated” state-spon- sored group operating from China has been trying to steal informa- tion from a number of American targets, includ- ing universities, defense contractors, law firms and infectious-disease re- searchers. Microsoft said it has re- leased security upgrades to fix the vulnerabilities to its Exchange Server soft- ware, which is used for work email and calendar services, mostly for larger organizations that have their own in-person email servers. It doesn’t affect personal email accounts or Microsoft’s cloud- based services. — Bulletin wire report q bendbulletin.com/business q NASDAQ 13,358.79 -230.04 q S&P 500 3,870.29 -31.53 30-YR T-BOND 2.21% -.01 q p CRUDE OIL $59.75 -.89 p GOLD $1,733.10 +10.60 SILVER $26.85 +.20 p EURO $1.2085 +.0039 BEST-PERFORMING CITIES REPORT Bend falls from No. 1 spot to No. 13 BY MICHAEL KOHN The Bulletin When it comes to economic growth, jobs, wages and tech- nological innovation, Bend has lost some of its competitive edge against other small-sized cities. That’s the conclusion of the Milken Institute, which re- cently published its Best-Per- forming Cities 2021 report analyzing the economic per- formance of hundreds of cities across the country. Bend slipped in the report from a No. 1 rank a year ago in the category of Tier 1 small cit- ies to a rank of 13. The Best Performing Cities Index uses an outcomes-based set of metrics that includes job creation, output growth and wage gains, especially in high- tech sectors, to evaluate the performance of metro areas in the United States. Cities in the index don’t have to be near Silicon Valley to get a good rank; listed cities are found across the country. Ranking first in Tier 1 small cities this year was Idaho Falls, Idaho. The city ranked partic- ularly high in short-term job growth, which reached 4.7%, the highest among cities of similar size. Idaho Falls also ranked high in natural ame- nities, safety and a low cost of living. In its tier and city size, Bend scored well in the five-year in- dicators of jobs , third; wages , OREGON STATE UNIVERSITY Wave energy testing project moves forward Operations and storage Research vessel Wave devices under test Devices will be 6 nautical miles from shore (6.9 miles) Cables bring power to shore and connect to utilities Electrical and controls Visitor’s center Buried cable back to shore Sub sea pod Research device Via OSU This illustration shows the layout and approximate location of the project to test the feasibility of generating energy from ocean waves. The Associated Press “It’s huge. It’s the first license of its type to be issued in the United States.” — Burke Hales, chief scientist of the Oregon State University PacWave South project PORTLAND — ederal energy regulators have given Oregon State University initial ap- proval for a groundbreaking wave energy testing facility off the coast. The PacWave South proj- ect is designed to facilitate and accelerate the develop- ment of wave energy tech- nology, which harnesses the motion of the ocean to generate electricity, Ore- F gon Public Broadcasting re- ported. Oregon is considered to have a high potential for wave energy generation — higher by coastal area than Washing- ton or California. The Federal Energy Reg- ulatory Commission issued a license to the project on Monday, but another review period must pass before OSU gets final approval. See Energy / A12 second; and GDP growth , fifth. But Bend fell in one-year high-tech GDP growth — 158th in 2021 compared to 10th last year — and short-term job growth — 145th in 2021 vs. 16th last year. Bend also lost ground in high-tech GDP con- centration, from fifth to 31st. See Bend / A12 Pendleton restaurants happy to see loosened restrictions BY BRYCE DOLE East Oregonian PENDLETON — Ever since local businesses shut down in the state-mandated freeze in Novem- ber, Rodney Burt, the co-owner of OMG Burgers & Brew in Pendle- ton, estimates that heating his out- door seating area has cost about $40 in propane each day. That’s about $1,200 each month. “You’re not raising any prices, cutting any labor,” he said. “It’s just another thing right out of your pocket.” Burt, who runs the restaurant with his wife, Kimberly, said that he had to lay off eight of his 20 employees when the freeze began. It was the second time during the pandemic he had to do so. “It’s hard because they’re part of your family, and you know they’re struggling too,” he said, adding that several of the employees laid off in March 2020 didn’t receive their unemployment relief checks until August. “But you do what you gotta do so you can keep it going.” Last week, when Umatilla County was lowered from Gov. Kate Brown’s extreme risk category to high risk, allowing indoor din- ing at limited capacity, Burt was able to rehire his employees and prepare for a weekend he said was sure to be packed with eager cus- tomers, who immediately came calling as restaurants throughout downtown Pendleton reopened on Friday . “Hopefully, things will stay open, just like they were a year and a half ago — summer of 2019,” he said. “Rockin’ and rollin’, making lots of money, all the staff’s making lots of money. Everybody will be happy. It’s going to be like that, I hope.” Community support Some Pendleton businesses said they were able to get by steadily throughout the most recent three- month lockdown due to a steady stream of takeout orders, finan- cial support from groups like the chamber of commerce, and the support and encouragement in the tight-knit community of Main Street businesses. See Pendleton / A12 Rent relief program to open for Oregon small businesses BY JAMIE GOLDBERG The Oregonian Oregon small-business own- ers who have struggled to pay their rent during the corona- virus pandemic can apply for help from the state beginning Monday . Small-business owners with 100 or fewer employees will be able to apply together with their landlords for money to cover outstanding rent through the state’s new $100 million commercial rent relief pro- gram. Landlords must complete the initial application, but both the businesses and property owners need to participate in the application process and sign the grant agreement in or- der to qualify for funding. Business Oregon, the state’s economic development agency, is administering the program. It will award grants of up to $100,000 per business tenant for a maximum of $3 million going to each landlord. The grants must bring the business owners current on their rent payments. Landlords will also be required to sign an agreement forgiving any out- standing penalties or interest and ensuring that their tenants won’t be evicted. See Rent / A12 A sign shows guidelines for shop- pers May 18. Small businesses that have struggled with rent under Or- egon lock- downs will soon be able to ap- ply for as- sistance. Carl Juste/ Miami Herald file