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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

  • Dollar revs up for jobs data, euro bonds rally on ECB
    The dollar hit a new 11-year high against major currencies on Friday as investors bet the monthly U.S. jobs report would add to the chance of rate hikes, even as the European Central Bank embarks on a 1 trillion euro campaign of bond-buying. The same balance of risks saw the gap between German and U.S. bond yields stretched to its widest in more than a quarter of a century as government bond yields across the 19-country euro zone took another step lower.
  • Oil climbs to $61 on Mideast supply concerns
    Brent crude oil rose to around $61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets. Fighting has escalated in northeast Iraq where Islamic State militants have set fire to oilfields to deter Shi'ite militiamen and Iraqi soldiers from advancing. In Libya, worsening security conditions have led to the closure of 11 oilfields. "The Libyan and Iraqi oilfield skirmishes are worrying," said Tamas Varga, oil analyst at London brokerage PVM Oil Associates.
  • Fed should not be too patient on rate hikes, Williams says
    Federal Reserve policymakers should not wait too long to raise interest rates, a top U.S. central banker said on Thursday, because doing so could mean "drastically" overshooting on inflation and forcing the Fed to hike rates dramatically. "I think that by mid-year it will be the time to have a serious discussion about starting to raise rates," San Francisco Fed chief John Williams said.

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