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Business
Business News Sponsored by Gateway Press. |
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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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Morning Market Look |
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Posted by: thepinetree on 01/18/2011 07:36 AM
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New York, NY...The Dow is up 54.98 points, S&P is on the plus side by .32 points and the NASDAQ is off -1.96 points largely on the weight of Apple on the heals of CEO Jobs taking another medical leave. Some of the financial stories hitting the wire. Citigroup has recorded smaller profits that expected. Boeing has pushed 787 delivery times yet again..
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President Obama Issues Memo on Regulations, Flexibility, Small Business and Job Creation |
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Posted by: thepinetree on 01/18/2011 08:10 AM
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Washington, DC...Small businesses play an essential role in the American economy; they help to fuel productivity, economic growth, and job creation. More than half of all Americans working in the private sector either are employed by a small business or own one. During a recent 15-year period, small businesses created more than 60 percent of all new jobs in the Nation...
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Gen Y Poised to Fuel Small Business Growth in Next Five Years |
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Posted by: thepinetree on 01/18/2011 12:29 PM
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| RENO, Nev.-- Nearly half (46 percent) of Generation Y say they plan to start their own business in the next five years, according to a national poll commissioned by EMPLOYERS®, America's small business insurance specialist®. Amid continuing economic uncertainty, the latest poll affirms that the 18-to-25-year-old Gen Y demographic represents a truly entrepreneurial market segment with eight percent reporting they have already started a business... |
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Concerns Heard on New Melones Water Levels & Operations ~By John Hamilton |
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Posted by: Kim_Hamilton on 01/18/2011 10:33 AM
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Sonora, CA...The wate rlevel, power generation and ongoing operations of New Melones were front and center at today's Tuolumne Couty Board Meeting. You may recall a firestorm erupted after the Oakdale Irrigation District came out with a report on the June 2009 National Marine Fisheries Service Biological Opinion would show drastic water level reductions...
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Apple CEO Steve Jobs to Take Medical Leave |
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Posted by: thepinetree on 01/17/2011 07:54 AM
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Cuppertino, CA...Apple CEO Steve Jobs sent out an email this morning letting the company know he will be taking another leave of absence from the company. COO, Tim Cook will run the company during his leave much the same way as when Steve Jobs was out previously to be treated for pancreatic cancer and a subsequent liver transplant. The email is enclosed...
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Calaveras Visitors Bureau Invites Bay Area to Calaveras |
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Posted by: Kim_Hamilton on 01/17/2011 05:57 PM
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The Calaveras Visitors Bureau participated in the Bay Area Travel & Adventure Show this past weekend in Santa Clara to spread the word about Calaveras County and all it has to offer to adventurous travelers. The CVB had an exciting opportunity to partner with Cave & Mine Adventures and share a booth at the show to distribute information about the audaciously unique experiences to be discovered in Calaveras County. Fourteen additional partners representing various areas of the county, including Valley Springs, Mokelumne Hill, Murphys, Angels Camp and Arnold joined forces with the CVB and Cave & Mine Adventures to have their materials distributed at the show....
The Two Lisa's!
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