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Business Briefcase Nov. 20, 2013 Print E-mail
Written by The Curry Coastal Pilot   
November 19, 2013 09:26 pm

When you’re out shopping locally, be sure to take note of the updates at the Sears Hometown Store in the Brookings-Harbor Shopping Center. In addition to $10,000 in remodeling work, owner Doris Fronckowiak says there are new product lines on display, including “an explosion” of tools. 

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Optimum Property Management, run by Alice Lindley, is the newest affiliate member of the Curry County Board of Realtors.

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Carol Raper, the acting CEO of Curry Community Health, has been appointed the permanent director. CCH is the non-profit organization formed to “spin off” the county health department from county government.

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Many thanks to Blue Pacific Realty for doubling the firm’s contribution to the financially strapped Nature’s Coastal Holiday display. (You can help string lights Saturday at Azalea Park.)

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Watch for this potential change: Regulators are reviewing the potential purchase of Sterling Savings by Umpqua Bank.  That would place an Umpqua Bank store in every community along the Southern Oregon Coast, says Harbor manager Bonnie Northrup.

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After seven years of traveling back and forth between “home” in Brookings and his real estate companies in Southern California, Ron Reel has decided to stop commuting. You can now find him at Century 21 Agate Realty in Brookings and Del Norte Realty in Crescent City, where he plans to be an “oceanfront specialist.”

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Listen for this lingo in holiday shopping: Black Friday is the day after Thanksgiving, Small Business Saturday is the Saturday after Thanksgiving, and Cyber Monday is the Monday after Thanksgiving.

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The Chamber of Commerce community profiles and member directories in both Brookings-Harbor and Crescent City are now in production. Contact either the Pilot or the Del Norte Triplicate to reserve your space.

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Congratulations to the Rotary Club of Crescent City, celebrating 60 years of community service with a special party last weekend.

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Check your lobby or waiting room: If you need copies of the Pilot’s Brookings-Harbor Has It All!, Wild Rivers Coast Vacation Guide, Ageless or Community Map, just give us a call at 541-469-3123.

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Business News by Yahoo Finance

  • Wall Street Week Ahead: Spring fever brings hope for U.S. earnings
    Several behemoths, including Apple, the largest U.S. company by market value, as well as Microsoft, McDonald's (MCD.N) and AT&T (NYS:T), are due to report earnings. They'll be accompanied by highfliers like Netflix and Facebook, giving the first real cross-section of the state of corporate America as temperatures rise across the country and investors hope to put the cold weather behind them. Strategists will also be looking for clues on how badly China's slowdown hits U.S. corporate results. The first batch of earnings came out as equities were working their way through a selloff led by trading-crowd favorites like Netflix and the biotech stocks.
  • Rajaratnam's brother loses bid to dismiss insider trading charges
    Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, on Friday lost a bid to dismiss some of the insider trading charges leveled against him last year. U.S. District Judge Naomi Reice Buchwald in Manhattan ruled that the indictment adequately alleged the essential elements of the crimes charged. A lawyer for Rajaratnam did not respond to a request for comment. A spokeswoman for Manhattan U.S. Attorney Preet Bharara declined to comment.
  • Compensation battle rages four years after BP's U.S. oil spill
    Jules Melancon, the last remaining oyster fisherman on an island dotted with colorful houses on stilts, says he has not found a single oyster alive in his leases in the area since the leak and relies on an onshore oyster nursery to make a living. The British oil major has paid out billions of dollars in compensation under a settlement experts say is unprecedented in its breadth. Some claimants are satisfied, but others are irate that BP is now challenging aspects of the settlement. The oil company has spent over $26 billion on cleaning up, fines and compensation for the disaster, which killed 11 people on the rig and spilled millions of barrels of oil into the Gulf of Mexico for 87 days after the blast on April 20, 2010.

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