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Business
Business News Sponsored by Gateway Press. |
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Fed Signals Continued $600 Billion in Bond Purchases in Statement |
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Posted by: thepinetree on 01/27/2011 01:49 AM
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Washington, DC...Information received since the Federal Open Market Committee met in December confirms that the economic recovery is continuing, though at a rate that has been insufficient to bring about a significant improvement in labor market conditions. Growth in household spending picked up late last year, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software is rising, while investment in nonresidential structures is still weak. Employers remain reluctant to add to payrolls. The housing sector continues to be depressed. Although commodity prices have risen, longer-term inflation expectations have remained stable, and measures of underlying inflation have been trending downward...
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Rabobank Welcomes Full House At This Eve's Chamber Mixer~by Patrick Works |
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Posted by: Kim_Hamilton on 01/27/2011 09:51 PM
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Rabobank, Main St. Angels Camp, CA...Local luminaries were in attendance, as well as a full house for the hospitality, food, drink, and just plain fun, as Rabobank hosted this month's Calaveras County Chamber of Commerce mixer. Rabobank is a new member of the local business community, and happy to be a part of Angels Camp. Tonight Rabobank welcomed the community as they hosted this month's Calaveras County Chamber of Commerce mixer....
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Toyota Announces Recall on Some Lexus Models |
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Posted by: thepinetree on 01/26/2011 01:11 AM
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| TORRANCE, Calif., January 26, 2011 – Toyota Motor Sales (TMS), U.S.A., Inc., today announced that it will conduct a voluntary Safety Recall involving approximately 245,000 2006 through 2007 Lexus GS300/350, 2006 through early 2009 Lexus IS250, and 2006 through early 2008 Lexus IS350 vehicles sold in the U.S. to inspect the fuel pressure sensor installation.... |
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It's Time to Mingle Til' You Tingle This Thursday Eve! |
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Posted by: Kim_Hamilton on 01/25/2011 07:05 PM
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Angels Camp, CA....Join us for the next Chamber Mixer! Chamber Mixers are a great way to network with local business people. The next Chamber Mixer will be on Thursday, January 27th at RaboBank. Rabobank (formerly Pacific State Bank) is located at 501 South Main Street in Angels Camp. This is a great opportunity to mix with friends and business partners one more time this year. The Mixer starts at 5:30. As usual, local wines and delicious food will be served. For more information contact Diane at .....
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Welcome Mother Lode Internet....Bringing You The World! |
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Posted by: Kim_Hamilton on 01/25/2011 07:37 PM
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Sonora, CA...We would like to welcome Mother Lode Internet to our advertising family. Since 1994 MLI has been providing local service and support all with great internet service. They have recently added Goldrush Internet in Angels Camp and Hub3 Networks in Sonora to their family of companies. Mother Lode Internet is also driven to expand the scope and reach of Broadband throughout the Mother Lode Region. Give them a call and hit the fast lane today...
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Governor Brown Reaffirms Fiscal Emergency |
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Posted by: thepinetree on 01/21/2011 12:04 AM
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SACRAMENTO – Governor Jerry Brown today issued a proclamation reaffirming the fiscal emergency declared by the previous administration on December 6, 2010. This proclamation underscores the need for immediate legislative action to address California’s massive budget deficit...
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California’s Unemployment Rate Increases to 12.5 Percent. Calaveras 16.2%, Tuolumne 13.7%, Amador 13.1% |
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Posted by: thepinetree on 01/21/2011 03:05 PM
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| SACRAMENTO – California’s unemployment rate increased to 12.5 percent in December, and nonfarm payroll jobs increased by 4,900 during the month, according to data released today by the California Employment Development Department (EDD) from two separate surveys. The U.S. unemployment rate decreased in December to 9.4 percent. In December 2009, the unemployment rate in California was 12.3 percent. The unemployment rate is derived from a federal survey of 5,500 California households... |
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Weekly Jobless Claims Down. California Claims Up |
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Posted by: thepinetree on 01/20/2011 08:46 AM
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Washington, DC...In the week ending Jan. 15, the advance figure for seasonally adjusted initial claims was 404,000, a decrease of 37,000 from the previous week's revised figure of 441,000. The 4-week moving average was 411,750, a decrease of 4,000 from the previous week's revised average of 415,750...
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Google Co-Founder Larry Page Becoming Google CEO |
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Posted by: thepinetree on 01/20/2011 07:50 PM
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Mountain View, CA...Google CEO Eric Schmidt announced today that he was moving to an Executive Chairmen position and Co-Founder Larry Page is becoming CEO. He posted the following today on the move.. "When I joined Google in 2001 I never imagined—even in my wildest dreams—that we would get as far, as fast as we have today. Search has quite literally changed people’s lives—increasing the collective sum of the world’s knowledge and revolutionizing advertising in the process. And our emerging businesses—display, Android, YouTube and Chrome—are on fire. Of course, like any successful organization we’ve had our fair share of good luck, but the entire team—now over 24,000 Googlers globally—deserves most of the credit.
From left to right - Eric, Larry and Sergey in a self-driving car in a photo taken earlier today
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Mid-Day Business Update...Markets Off A Bit |
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Posted by: thepinetree on 01/19/2011 12:11 PM
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New York, NY...Two hours before close the and the markets are down. The Dow Jones is down 20.2 points, The S&P 500 is down 13.72 and the Nasdaq is down 42.26. The market is being pulled down by Housing Starts, Goldman Sachs and other....
Visit Pacific West Financial Group in Copperopolis Today |
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