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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

  • Asian shares skid as China data raises growth concerns
    Asian shares got off to a downbeat start on Monday, after weekend Chinese data raised concerns about growth in the world's second-largest economy. China's factory sector unexpectedly shrank for the first time in nearly 2-1/2 years last month and firms see more gloom ahead, according to a survey released on Sunday.
  • Obama targets foreign profits with tax proposal, Republicans skeptical
    President Barack Obama's fiscal 2016 budget will seek new taxes on trillions of dollars in profits accumulated overseas by U.S. companies, and a new approach to taxing foreign profits in the future, but Republicans were skeptical of the plan on Sunday. Reviving a long-running debate about corporate tax avoidance, Obama will target a loophole that lets companies pay no tax on earnings held abroad, the White House said. In his budget plan to be unveiled on Monday, Obama will call for a one-time, 14 percent tax on an estimated $2.1 trillion in profits piled up abroad over the years by multinationals such as General Electric (GE.N), Microsoft (MSFT.O), Pfizer Inc (PFE.N) and Apple Inc (AAPL.O). He will also seek to impose a 19 percent tax on U.S. companies' future foreign earnings, the White House said.
  • Oil prices fall more than a dollar after rally
    Oil prices fell in early trading on Monday as unions called a strike at U.S. oil and chemical plants on the weekend, cutting some of the gains made late last week when prices roared more than 8 percent on a sharp drop in U.S. drilling. Brent crude oil futures were trading at $51.98 a barrel at 7.20 p.m. ET , down $1.01, and U.S. WTI futures were trading at $47.22 a barrel, down $1.02 per barrel.

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