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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

  • Europe rides rebound as global sell-off abates
    World stocks hit a nine-month low on Friday but oil and southern European bonds were off their week's worst levels, as investors began to dust themselves off after one of the most volatile spells in world markets in years. Bourses in London (.FTSE), Frankfurt (.GDAXI) and Paris (.FCHI) started the day up 1 to 1.5 percent and Athens (.ATG) rose 4.5 percent as Greek governments bonds steadied after their worst run since the height of the euro crisis in mid-2012. The possible return to recession in the euro zone, a floundering economy in Japan, slowdown in China and the Ebola virus outbreak have conspired to rattle investors already fretting about the end of years of U.S. It has been a fourth straight week of stock market falls in the U.S.
  • Goldman curbs bankers' compensation even as revenue surges
    Top Goldman Sachs Group Inc (GS.N) executives are determined to keep compensation costs under control. On Thursday, Goldman reported a 25 percent increase in quarterly revenue, but the money it set aside for compensation and benefits rose only 18 percent from the same period a year earlier. The amount of money it has set aside for compensation is more or less unchanged, as is the average compensation per employee, at around $320,000 for the first nine months of the year. Sources familiar with the matter inside Goldman Sachs described the restraint as a sign of the shifting mentality about bonuses at the bank: it wants to tightly control compensation, even if it has good quarters with big revenue gains.
  • Google's revenue falls short despite curbing price declines
    Google Inc's revenue fell short of Wall Street's expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent. Shares of Google fell 2.7 percent to $510.11 in extended trading on Thursday. Google posted $16.52 billion in revenue for the three months ended Sept. 30, compared to $13.75 billion in the year ago period. On Thursday, Google announced it had appointed Omid Kordestani its new chief business officer, replacing Nikesh Arora, who had departed a quarter ago to join Japan's Softbank Corp. The chief business officer is considered a key position, overseeing all the company's revenue-generating activities and serving as a liaison to investors and Wall Street.

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