MailTribune.com Headlines: Business

Area to add jobs at one of state's quickest clips

Thu, 19 Nov 2009 23:00 EST

The future of jobs in Jackson and Josephine counties, according to the Oregon Employment Department, is in service industries.

AOL says it will shed up to 2,500 positions

Thu, 19 Nov 2009 21:20 EST

The struggling Internet company AOL plans to shed up to 2,500 jobs — more than a third of its work force — as it prepares to separate from Time Warner and finally sever their ill-fated marriage.

Home-building drop slows recovery

Wed, 18 Nov 2009 23:59 EST

WASHINGTON — The budding economic recovery isn't getting much help from the home-building industry, which normally creates jobs and drives growth when a recession ends.

Timber Products closing local plant

Wed, 18 Nov 2009 23:20 EST

WHITE CITY — Timber Products Co. announced Wednesday it will close its White City plant and move its Southern Oregon softwood plywood production to Grants Pass.

Kellogg says Eggos will be hard to get until summer

Wed, 18 Nov 2009 22:55 EST

ATLANTA — Dear Kellogg: Leggo my Eggo!

Panel OKs bill allowing dismantling of big firms

Wed, 18 Nov 2009 22:55 EST

WASHINGTON — A House committee voted Wednesday to give the government the right to dismantle financial firms that are so big, interconnected and leveraged that they could harm the economy, even if they are healthy.

New Well taps weight-loss interest

Wed, 18 Nov 2009 08:16 EST

The New Well refers to wellness, a change in lifestyle — and a franchise model Scott Draper hopes to grow into a nationwide success.

New helicopter flight school opens at Medford airport

Tue, 17 Nov 2009 22:15 EST

A helicopter flight school is ready for takeoff at the Medford airport.

Microsoft co-founder Allen treated for lymphoma

Tue, 17 Nov 2009 22:15 EST

SEATTLE — Microsoft Corp. co-founder and billionaire investor Paul Allen has been diagnosed with non-Hodgkin's lymphoma and is undergoing chemotherapy.

Sales figures point to subdued holidays

Tue, 17 Nov 2009 08:42 EST

WASHINGTON — Improved retail sales gave Wall Street a boost Monday but provided little hope for a robust holiday shopping season that might invigorate the economic recovery.

Building owners face string of vacancies

Tue, 17 Nov 2009 08:40 EST

As he drove through downtown Medford this past weekend, Duane Hill saw signs of trouble that were hard to miss.

Costco stops carrying Coca-Cola products

Mon, 16 Nov 2009 23:34 EST

PORTLAND — Costco says it is no longer carrying Coca-Cola products in its stores nationwide due to a pricing dispute with the beverage maker.

Postal Service's loss totaled $3.8 billion for fiscal year

Mon, 16 Nov 2009 23:30 EST

WASHINGTON — The Postal Service reported a loss of $3.8 billion last year, despite a reduction of 40,000 full-time positions and other cost-cutting measures.

Federal Reserve proposes new rules for gift cards

Mon, 16 Nov 2009 23:30 EST

The Federal Reserve proposed new rules Monday that would protect gift card users from fees and other unexpected restrictions.

Fed will keep eye on sliding dollar

Mon, 16 Nov 2009 23:30 EST

WASHINGTON — Federal Reserve Chairman Ben Bernanke on Monday said the central bank will monitor the sliding U.S. dollar but pledged anew to keep interest rates at record lows to nurture the economic recovery.

Unemployed homeowners may get loan

Mon, 16 Nov 2009 23:30 EST

FALL RIVER, Mass. — Rep. Barney Frank said Monday he is pushing a proposal to use some of the interest the government collects from the financial industry bailout to give loans to unemployed homeowners struggling to pay the mortgage.

President urged to take state job program to national level

Mon, 16 Nov 2009 10:10 EST

WASHINGTON — As job losses continue to slow the nation's economic recovery, labor experts and economists are urging Congress and the Obama administration to boost funding for a little-known program that 17 states are using to avert layoffs and keep...

Some, but not all, cheer Dodd's consumer protection proposals

Mon, 16 Nov 2009 10:10 EST

WASHINGTON _ Consumer advocates love the new consumer protection agency included in the financial industry overhaul that Senate Banking Committee Chairman Christopher Dodd, D-Conn., proposed last week.

Obama's unlikely to push Chinese hard on currency

Mon, 16 Nov 2009 10:10 EST

In his visit to Beijing this week, President Barack Obama is expected to tread lightly when pressing China to let its currency rise against the dollar. Doing so would benefit the U.S.

Laid off? Seize the day

Sun, 15 Nov 2009 00:00 EST

CHICAGO — The shock of being laid off barely had time to set in before Jim Wessel began looking for another job.