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News arrow News arrow Business arrow Business Briefcase published Wednesday, Oct. 7, 2009

Business Briefcase published Wednesday, Oct. 7, 2009 Print E-mail
Written by The Curry Coastal Pilot   
October 07, 2009 05:00 am

The Edward Jones office of Kevin Moerke in Harbor is hosting the monthly Brookings-Harbor Chamber of Commerce membership mixer at 5:30 p.m. Friday, Oct. 9.

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Preview the bear statues of the BruinFest in a special event Saturday afternoon, Oct. 10, at Evergreen Federal Bank in downtown Brookings. All bears will be at the bank except for the artist bear and her cub, which will be joining the Second Saturday Art Walk along Art Walk Alley next to the Curry Coastal Pilot, co-sponsor of BruinFest.

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Feeling overwhelmed by financial stress? Chetco Federal Credit Union is offering a free “Steps to Financial Freedom” workshop at 4:30 p.m. Wednesday, Oct. 15, at the Brookings Inn Resort. It’s open to the public; just call 541-469-7700, ext. 1083, for reservations.

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 Look for a new Winter Farmers’ Market, scheduled for Fridays beginning Nov. 6 at the Chetco Grange Hall in Harbor, and sponsored by the grange. To participate, contact Market Manager Kathleen Dickson at 541-813-1136.

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Look at the Pilot ad for the free events, lectures and classes at South Coast Fitness Center – from self defense through Zumba dancing. Call 541-469-7118 for information.

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The three Dutch Bros. Coffee locations in Brookings and Crescent City, Calif., said thank-you to customers by offering $1 drinks last week. The Brookings and Crescent City stores were recently taken over by new local franchisee Tony Jantzer, a Dutch Bros. Coffee veteran who has worked in a variety of positions.

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Curry County jobless figures for August were 12.4 percent, or 1,253 people out of a workforce of 10,085. The best news was that there were 127 more jobs in the county between July and August.

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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

  • Asian stocks subdued on Ukraine caution in holiday-thinned trade
    Asian stock markets started the week on a subdued note on Monday, as tensions in Ukraine kept investors cautious amid an absence of catalysts as several markets remained closed for the Easter holiday. MSCI's broadest index of Asia-Pacific shares outside Japan inched down 0.1 percent. Japan's Nikkei stock average rose 0.9 percent on the back of a weaker yen. Tensions in Ukraine, signs of slowing growth in China and uncertainty over when the U.S. Federal Reserve would start to tighten interest rates have buffeted global markets in recent weeks, although Fed Chair Janet Yellen's dovish comments last week helped soothe some nerves.
  • At Mt. Gox bitcoin hub, 'geek' CEO sought both control and escape
    In June 2011, when customers of now-bankrupt bitcoin exchange Mt. Gox agitated for proof that the Tokyo-based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science fiction novel "The Hitchhikers Guide to the Galaxy". During an online chat, Karpeles moved the equivalent of $170 million in bitcoin at today's market rates - the virtual equivalent of a bank manager flashing a wad of cash in a wallet to establish credit. The gesture - with a sly wink to the "geek" culture Karpeles believed he shared with many of his 50,000 customers at the time, including an interest in coding, Japanese manga comics and science fiction - succeeded. By moving 424,242 bitcoins, Karpeles, then 26, evoked the random number, 42, described as the "meaning of life" in Douglas Adams' sci-fi novel.
  • GM to battle VW in China with $12 billion investment and new plants
    U.S. car giant General Motors Corp (GM) (GM) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market. GM expects its China sales to expand 8-10 percent this year, in line with the overall growth of the Chinese market, where foreign firms, such as Volkswagen AG (VOW3.DE), and domestic players like SAIC Motor Corp vie for more market share. In total we are investing $12 billion between 2014 and 2017," Matt Tsien, president of GM China, said at the Auto China show in Beijing. GM plans to build five more plants in China next year, as part of its efforts to ramp up manufacturing capacity there by 65 percent by 2020, executives said on Sunday.

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