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News arrow News arrow Business arrow Business Briefcase published Saturday, Jan. 23, 2010

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Business Briefcase published Saturday, Jan. 23, 2010

The Peddler Pub, a new section inside the Apple Peddler in Harbor, continues its grand opening celebration from 4 to 7 p.m. through Sunday, Jan. 24.

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The 2010 Business Outlook Conference is all day Tuesday, Jan. 26, at the Brookings Elks Lodge. Save $5 by registering in advance with the Brookings-Harbor Chamber of Commerce, 541-469-3181.

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Thinking about construction in or near a body of water? There’s a special one-day workshop at 9 a.m. Saturday, Jan. 30, at the Best Western Beachfront Inn. Register through Southwestern Oregon Community College, 541-247-2755 or 541-469-5017.

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Do you need to see some State of Oregon information in a language other than English for yourself or a customer? The Web pages at www.Oregon.gov can now be seen in a dozen different languages. Just select one in the upper right corner of the home page.

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Latest job numbers (November) from the Oregon Employment Department show Curry County with a jobless rate of 11.9 percent, down from 13.8 percent in October, but up from 9.8 percent in November 2008. For comparison, the Coos County rate was 12.8 percent, the Oregon rate was 11.1 percent and the U.S. rate was 10 percent. See the full report at www.QualityInfo.org.

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   Do you have notes for the Pilot’s Business Briefcase? Send them to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it , fax them to 541-469-4679, mail them to P.O. Box 700, or drop by the Pilot office at 507 Chetco Ave.

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Business News by Yahoo Finance

  • German survey props up European shares
    Stock markets in Europe recovered from a poor start on Thursday after a batch of more optimistic than expected surveys of German and euro zone purchasing managers leavened an otherwise shaky mood. Asian markets had drifted lower overnight, unimpressed by a similar survey out of China, which was marginally above forecast but still showed the world's second largest economy slowing further at the start of the fourth quarter. Concerns over growth, banks and a beckoning era of deflation in Europe were at the heart of a stock market sell-off at the start of October, although the past week has seen Europe in particular recover. The chief positive is the continuing strength of Germany and surveys of both manufacturing and service sector sentiment were sharply better than forecast, going against a weaker round of data earlier this month.
  • Bond funds stock up on Treasuries in prep for market shock
    Through September, corporate bond portfolios boosted their holdings of U.S. The funds now hold about $13 billion in Treasuries, 15 percent more than the $11.3 billion they held at the end of 2013.
  • Honda executives to take pay cut after fifth Fit hybrid recall
    Honda Motor Co said on Thursday its president and 12 other executives would take an unprecedented pay cut after the Japanese automaker announced the fifth recall in a year of its new Fit model. The recall, which covers 425,825 vehicles in Japan, comes as Honda is facing lawsuits due to accidents involving airbags supplied by Takata Corp (7313.T). The airbags have been linked to four deaths - all on Hondas - and have triggered a multi-million vehicle recall by several automakers worldwide. "We have inconvenienced many customers, and we're deeply sorry," Honda spokeswoman Akemi Ando told reporters after announcing the latest Fit recall.

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