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Daily Memo

South Valley Bank & Trust opens Medford branch

South Valley Bank & Trust has opened a full bank branch at 310 Crater Lake Ave. in Medford.

The Klamath Falls-based bank, privately owned and founded in 1977, has seven branches in Southern Oregon and assets of about $215 million.

Its first Medford branch opened May — and is managed by Linda Lincoln.

The branch will offer small business and consumer banking.

South Valley Bank & Trust entered the Medford market last year when it purchased a trust company from Washington Mutual that is now called Medford Trust Financial Services.

Bill Castle, the bank's president and chief executive, said the bank branch fits well with the company's existing trust business in Medford.

Suzannes Gift Garden Home is now open in Medford

Suzannes Gift Garden Home opened late last week at 30 N. Central Ave. in downtown Medford.

The store, owned by Kreg and Suzanne Buschman, features home and garden accessories such as Italian concrete statues. It opened Thursday.

The store's hours are 10 a.m. to 5:30 p.m. weekdays and 11 a.m. to 4 p.m. Saturdays. The phone number is 618-9181.

Free seminar focuses on underage tobacco sales

The We Card program will come to Medford on Thursday, offering retailers training on how to prevent underage tobacco sales.

The seminar will be from 10 a.m. to noon Thursday at the Rogue Regency Inn, 2345 Crater Lake Highway in Medford.

It is sponsored by the Oregon Coalition for Responsible Tobacco Retailing, made up of retail and industry groups.

The class covers state laws regarding tobacco sales, identifying underage customers and refusing sales, handling difficult situations and training employees.

For information, call We Card at (888) 872-4603.

Real estate firm opens in downtown Medford

Oregon Dream Homes, a real estate business, has opened in suite C at 310 Crater Lake Ave. in Medford.

The business is owned by Shane and Theresa Elsdon. Shane Elsdon has been in the Rogue Valley real estate business for seven years.

The phone number is 776-7811.It is also on the Internet at — NATION

Federal lawyers oppose Microsoft extension plea

WASHINGTON — Justice Department antitrust lawyers objected Monday to Microsoft's suggestion that a full year be granted to develop details of the software company's breakup for anti-competitive practices.

In its last expected court filing before a federal judge decides how to punish the company, the government said that a full year is unwarranted.

Bestfoods? changes start to turn off investors

NEW YORK — Takeover target Bestfoods? highly public game of cat-and-mouse with its European suitor Unilever is apparently starting to leave a sour taste in the mouths of investors.

Bestfoods, the maker of such well-known household brands as Skippy peanut butter, Hellmann's mayonnaise and Knorr soups, is reportedly mulling a new and improved $20.5 billion offer from Unilever, while at the same time negotiating to purchase Campbell Soup Co. for $15 billion.

From local and wire reports