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News arrow News arrow Business arrow Business Briefcase published Saturday, Oct. 24, 2009

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Business Briefcase published Saturday, Oct. 24, 2009

Who brought the bears to downtown Brookings for the BruinFest? Give the credit to John White of Evergreen Federal Bank’s Brookings branch. Find the bear with the “I love Brookings” message and you can enter at any of more than 60 participating merchants to win $1,000 in the downtown shopping sweepstakes.

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There’s a new flavor for the Wild Rivers Coast. The official release of Silver Hilton Vodka by the new Superfly Distilling Co. of Brookings is at 9 p.m. tonight at One Love’s Eclectic Cuisine, 623 Memory Lane.

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Three professionals have created an association – Professional Estate Center – to combine their specialities. Members of the group are attorneys Patrick R. Foley and Gary M. Georgeff, and accountant Donald L. Scanlon. Contact them at 541-412-7829.

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It’s for the birds: There’s a free winter wild bird feeding seminar at 6 p.m. Tuesday, Oct. 27, at A Wild Bird & Backyard General Store, 1109 Chetco Ave.

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Three firms have combined their efforts under one company flag: Eagle Two Incorporated. The principals are Leroy Blodgett of the former Eagle Two Development, Jim Relaford of PRN Data Services, and Tom Bouley of Crystal Clear Computers. Contact them for property development or data services at 541-469-5902.

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Say hello to three new medical professionals in Del Norte County: Dr. Elie Hobeika, OB/GYN, and Dr. Carla Nelson, pediatrician, both at Sutter Coast Community Clinic, and Dr. Chris Holland, internist, at Open Door Community Health.

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New Hospitality 101 classes focus on holiday season themes – culinary arts, increasing tips and holiday retailing. Details and registration are at www.hospitality101.biz.

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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

  • G20 says nearing growth goal, but more needed from Europe
    The Group of 20 leading nations say they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe's extended stagnation remains a major stumbling block. The finance ministers and central bank chiefs gathered in the Australian city of Cairns claimed progress on fireproofing the world's financial system and on closing tax loopholes exploited by giant multinationals. They also dealt with the thorny problem of whether to invite Russian President Vladimir Putin to the G20 leaders' summit in November given events in Ukraine, with the consensus being to maintain diplomatic pressure but leave the door open for his attendance. "We are determined to lift growth, and countries are willing to use all our macroeconomic levers – monetary, fiscal and structural policies – to meet this challenge," said Australian Treasurer Joe Hockey, who hosted the event.
  • SoftBank estimates $4.6 billion gain from Alibaba listing
    Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade. SoftBank CEO Masayoshi Son also told CNBC that he would want to own more of Alibaba, although he reiterated that the Japanese mobile carrier and Internet media company was happy with the current 32 percent stake, which made it the Chinese company's biggest shareholder. Asked if he would like more of Alibaba, Son told CNBC on Friday: "Of course." He said SoftBank considered Alibaba a core holding and he was upbeat about the Chinese company's future.
  • Dollar's rally bad news for oil, multinationals
    We are now seeing a new uptrend develop,” said Adam Sarhan, founder and CEO of Sarhan Capital in New York. If you’re a large tech company and you do a lot of business overseas, that’s not going to help you,” said Larry Glazer, managing partner at Mayflower Advisors in Boston. Lower oil prices favor the consumer, who can pocket the savings or spend the cash in stores.

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