>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

Cash Mob Crew Print E-mail
Written by The Curry Coastal Pilot   
February 21, 2014 09:31 pm

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.

 

Business News by Yahoo Finance

  • BofA to pay nearly $1.3 billion over bad mortgages sold to Fannie, Freddie
    The mortgages were originated as part of a program nicknamed the “hustle,” which linked bonuses to how fast bankers could originate loans.
  • Snapchat's Facebook snub looks smart as Alibaba weighs stake
    Take that, Facebook Inc. A year after rebuffing a $3 billion takeover proposal from Mark Zuckerberg, Snapchat Inc. is in talks to raise money from Alibaba Group Holding Ltd. (BABA), people with knowledge of the matter said. The valuation being considered is about $10 billion, more than three times what Facebook Chief Executive Officer Zuckerberg was willing to pay, said the people, who asked not to be identified because the talks are private. The extra billions would make Evan Spiegel -- the 24-year-old frat boy-turned-CEO who founded Snapchat when he wasn't organizing keg parties at Stanford -- look prescient, assuming the details get worked out. Alibaba would also get a bigger stake in disappearing-message technology that's all the rage among teens while gaining a wider toehold in the U.S. -- more than 700 million disappearing "snaps" are sent per day -- where it's planning an initial public offering in the coming months.
  • Fed offers no clearer hint on first rate increase
    The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help.

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

© Copyright 2001 - 2014 Western Communications, Inc. All rights reserved. By Using this site you agree to our Terms of Use