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Port businesses deliver the goods Print E-mail
March 16, 2012 08:47 pm

The Pilot/Lorna Rodriguez
 

Brookings-Harbor Community Helpers Food Bank volunteer Jerz Bouvia and David Allen, of State Farm Insurance in Harbor, load 189 pounds of food onto a cart Wednesday at the food bank. The food was collected from a food drive sponsored by several Port of Brookings Harbor businesses. The food drive will be held through the end of March. Food items can be dropped off at participating port businesses.

 

Business News by Yahoo Finance

  • Dollar shines, U.S. yields surge on upbeat U.S. data
    The dollar stayed strong and U.S. bond yields held firm on Thursday after data showed solid U.S. economic growth, even as the Federal Reserve repeated its message that it is in no hurry to raise interest rates. While the prospect of a solid U.S. recovery underpinned equities, many Asian shares slipped on profit-taking after
  • Fed nods to firmer prices yet still focused on labor weakness
    The Federal Reserve on Wednesday reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the U.S. economy and expressed some comfort that inflation was moving up toward its target. After a two-day meeting, Fed policymakers took note of both faster economic growth and a decline in the unemployment rate, but expressed concern about remaining slack in the labor market. "Labor market conditions improved, with the unemployment rate declining further," the Fed said in a statement. "However, a range of labor market indicators suggests that there remains significant underutilization of labor resources."
  • Argentina braces for market reaction to second default in 12 years
    Argentina defaulted for the second time in 12 years after hopes for a midnight deal with holdout creditors were dashed, setting up stock and bond prices for declines on Thursday and raising chances a recession could worsen this year. After a long legal battle with hedge funds that rejected Argentina's debt restructuring following its 2002 default, Latin America's third-biggest economy failed to strike a deal in time to meet a midnight deadline for a coupon payment on exchange bonds. "It is going to complicate life for businesses like YPF which were going to look externally for financing," said Camilo Tiscornia, a former governor of Argentina's central bank. State-controlled energy company YPF (YPFD.BA) needs funds to develop Argentina's huge Vaca Muerta shale formation.

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