>Brookings Oregon News, Sports, & Weather | The Curry Coastal Pilot

News Classifieds Web
web powered by Web Search Powered by Google

News arrow News arrow Business arrow Cash Mob Crew

Print

Cash Mob Crew

People throughout Curry County, including this group in Gold Beach, descended on Ray’s Food Place stores at 5:30 p.m. Thursday as part of a Cash Mob. The idea was to have a large crowd of people show up and shop at the same time at stores in Brookings, Gold Beach and Port Orford to show their support for the financially-struggling C&K Market Inc., which has filed for Chapter 11 bankruptcy, closed stores and laid off employees. Co-organizer Georgia Nowlin was inspired to do the Cash Mob as a way to support the Brookings-based business that has supported various community schools and non-profits for decades.

Print

Business News by Yahoo Finance

  • Asia stocks sag as Fed rate prospects revived, China still a worry
    Asian stocks sagged on Monday after top Federal Reserve officials kept the door open for an interest rate hike in September and investors braced for China economic data this week. Fed Vice Chairman Stanley Fischer, speaking at the central bank' conference in Jackson Hole, Wyoming, said recent volatility in global markets could ease and possibly pave the way for a rate hike. St. Louis Fed President James Bullard also said he still favored hiking rates next month, though he added that his colleagues would be hesitant to do so if global markets continued to be volatile into mid-September.
  • Focus turns to U.S. data as China slowdown looms
    After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild swings. The economic figures will culminate in Friday?s jobs report that should reveal more about the strength of the U.S. economy. Car sales, construction spending, the Federal Reserve's "beige book" and jobs growth may show the economy is strong enough to withstand the first rate hike in nearly a decade from the Federal Reserve, despite worries about a hard landing for China?s economy.
  • Suzuki Motor says it will buy back VW stake as court settles feud
    Japan's Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG (VOWG_p.DE) after an international arbitration court ordered the German automaker to sell its holding. VW's stake, acquired in January 2010 for 1.7 billion euros ($1.9 billion), was worth some $3.8 billion at Friday's closing price. "It used to feel as if a small bone were stuck in my throat," Suzuki Chairman and Chief Executive Osamu Suzuki told a news conference.

Follow Curry Coastal Pilot headlines on Follow Curry Coastal Pilot headlines on Twitter

© Copyright 2001 - 2015 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use