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

Business Briefcase published Saturday, Jan. 23, 2010 Print E-mail
January 23, 2010 04:00 am

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.

 

Business News by Yahoo Finance

  • Fed nods to firmer prices yet still focused on labor weakness
    The Federal Reserve on Wednesday reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the U.S. economy and expressed some comfort that inflation was moving up toward its target. After a two-day meeting, Fed policymakers took note of both faster economic growth and a decline in the unemployment rate, but expressed concern about remaining slack in the labor market. "Labor market conditions improved, with the unemployment rate declining further," the Fed said in a statement. "However, a range of labor market indicators suggests that there remains significant underutilization of labor resources."
  • Argentina fails to reach debt agreement, default imminent
    BUENOS AIRES/NEW YORK (Reuters) - Argentina will default on its debt within hours after talks with holdout creditors broke down on Wednesday. As the clock ticked toward a midnight (0400 GMT) deadline, Economy Minister Axel Kicillof stuck firmly to the government line, repeatedly denigrating the holdouts as "vultures" after two days of intense negotiations. Argentine banks scrambled to put together a proposal to buy out the non-performing debt held by hedge funds and avert a default. It also marks a set-back to the Buenos Aires government's attempts to return to global credit markets.
  • U.S. economy back on track with strong second-quarter rebound
    The U.S. economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out the year on solid footing. Gross domestic product expanded at a 4.0 percent annual rate after shrinking at a revised 2.1 percent pace in the first quarter, the Commerce Department said on Wednesday.

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