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  • Harley-Davidson 2nd-qtr profit more than doubles on increase in US bike demand Tuesday, July 19, 2011 @ 8:40AMNEW YORK, N.Y. - Americans are buying Harleys again after four years of shunning the pricey motorcycles.
  • Borders' seeks approval to liquidate, close stores Tuesday, July 19, 2011 @ 8:32AMThere will be no storybook ending for Borders. The 40-year-old book seller could start shuttering its 399 remaining stores as early as Friday. The Ann Arbor, Mich.-based chain, which helped pioneer the big-box bookseller concept, is seeking court approval to sell off its assets after it failed to re...
  • East Palo Alto may pay state $2 million 'ransom' to keep redeveloping blighted land Tuesday, July 19, 2011 @ 8:27AMWhile many of California's 400-plus redevelopment agencies have come under fire for straying from their original mission, East Palo Alto's can point to a bustling retail patch along Highway 101 to justify its existence.
  • Borders, unable to find white knight, to liquidate Tuesday, July 19, 2011 @ 8:24AMNEW YORK (Reuters) - Borders Group Inc, the second-largest U.S. bookstore chain, said it has canceled an upcoming bankruptcy auction and will close its doors for good.
  • Morning MarketBeat: Bank Earnings, More Debt Dickering Tuesday, July 19, 2011 @ 8:11AMEarnings fiesta continues Tuesday, with major banks taking center stage. That's not necessarily such a good thing. The financials have struggled throughout the year and the group was the worst performer in the S&P 500 Monday.
  • Clinton pushes India on nuclear law, market access Tuesday, July 19, 2011 @ 8:09AMU.S. Secretary of State Hillary Clinton urged India on Tuesday to amend a law that has put off U.S. companies from taking part in the $150 billion nuclear energy market and further open up Asia's third largest economy to foreign investment.
  • ALINE Pay by ADP(SM) Offers New Electronic Payroll Solution Designed to Offer Compliance in 50 States Tuesday, July 19, 2011 @ 8:00AMADP®, a leading provider of human resource outsourcing, payroll, tax, business outsourcing and benefits administration services, and integrated computing solutions for vehicle dealers, today announced the launch of ALINE Pay by ADP, a comprehensive electronic payroll disbursement solution that helps employers reduce administration time and minimize their risk of financial and compliance exposure.
  • Brazil June Unemployment Falls to Lowest Level Since January on New Hiring Tuesday, July 19, 2011 @ 7:43AMBrazil’s unemployment rate fell to its lowest rate since January, as companies continued to hire to meet growing demand.
  • Job losses expected at Reader's Digest Tuesday, July 19, 2011 @ 7:43AMReader's Digest UK today revealed that it would embark on a reorganisation of its business, raising the prospect of job losses across the general-interest magazine's staff.
  • Kronos Retail Labor Index Shows Fewer People Applying for Jobs in Retail Monday, July 18, 2011 @ 8:11AMCHELMSFORD, Mass.--(BUSINESS WIRE)--Kronos Incorporated today announced the July release of the Kronos Retail Labor Index™, a family of metrics and indices that characterize the current state of the demand and supply sides of the labor market within the U.S. retail sector. The July report includes data for June 2011. The analysis and write-up is prepared by Macroeconomic Advisers LLC, and is ...
  • Why Amazon is winning online retail and should fold on this silly sales tax fight Monday, July 18, 2011 @ 7:05AMRather than fighting it out on a state-by-state basis, Amazon needs to man-up and do what's right. Our IT jobs are at stake.
  • Walmart to Break Ground for New Supercenter in Denton, MD Monday, July 18, 2011 @ 7:00AMWalmart will break ground on a new Supercenter in Denton, Maryland, the week of September 19. The Supercenter will offer shopping convenience to customers looking for broad product selections, including fresh quality food and everyday general needs, at value pricing.
  • The return of multiple job offers Monday, July 18, 2011 @ 6:04AMAfter he was laid off from his job as Burberry's director of construction in March 2010, Gary Rissler's outlook seemed bleak. "I was tired of hearing 'You're overqualified,' " he says. "I heard that over and over." Yet early this year the tone shifted -- abruptly -- to "We like your expertise." Before long the 30-year veteran had four offers.
  • Employment: Casino managers tasked with upping productivity Monday, July 18, 2011 @ 2:06AMWhat state law (NRS 608.018) says on compensation for overtime, requirements, exceptions: 1. An employer shall pay 1.5 times an employee's regular wage rate whenever an employee who receives compensation for employment at a rate less than 1.5 times the minimum rate prescribed pursuant to NRS 608.250 works: (a) More than 40 hours in any scheduled week of work; or (b) More than eight hours in any ...
  • Brawl shaping up over proposal to privatize state business Sunday, July 17, 2011 @ 11:47PMA western Pennsylvania lawmaker has put the concept of privatizing the state's liquor store business into writing, setting the stage for an alcohol-induced fight.
  • Midstate's housing, construction markets remain sluggish Sunday, July 17, 2011 @ 11:11PMWe’ve been told the economy is showing signs of bouncing back from the depths of the Great Recession. Tell that to a commercial builder or contractor, and they’re likely to laugh.
  • Economic Time Machine: South Florida’s road to recovery Sunday, July 17, 2011 @ 9:34PMSome South Florida industries are racing ahead while others lag behind.
  • NZ services sector grows for a 5th straight month Sunday, July 17, 2011 @ 6:33PMJuly 18 (BusinessDesk) – New Zealand’s service sector accelerated for a fifth straight month in June, with new orders again leading the gains, adding to evidence the economy is accelerating at a faster clip, bringing forward the timing of central bank interest rate hikes.
  • THE DISTILLERY: Debt disarray Sunday, July 17, 2011 @ 4:27PMJotters can't help but ponder the implications of a US debt default, so what does China make of it all? 18 Jul 2011 7:21 AM
  • Retailers abandoned for a better offer Sunday, July 17, 2011 @ 4:02PMOf all the news to make retailers sit up and take notice about what's happening to the Australian consumer, it wasn't the bad news from the David Jones department store last week that would be of most concern.
  • ADDENDUM Sunday, July 17, 2011 @ 3:51PMOther items of interest Orange County Business Journal
  • PRESS DIGEST-Australian Business News - July 18 Sunday, July 17, 2011 @ 3:47PMCompiled for Reuters by Media Monitors. Reutershas not verified these stories and does not vouch for theiraccuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) BHP Billiton has described shale gasexplorer ...
  • Hill Corp. Does Growth Dance Sunday, July 17, 2011 @ 2:06PMHill Corp. has expanded into the East Coast with two recent buys
  • Scrap mess smells, and not like a rose Sunday, July 17, 2011 @ 2:05PMNothing illegal about scrap metal sales for cash? If it smells like a rose, looks like a rose and tastes like a rose, it is very likely a rose (with thanks to Gertrude Stein). Doesn't it seem like the inmates are running the asylum? Who is in charge anyway and when is wrong right?
  • Alarm bells clang on Oz economy Sunday, July 17, 2011 @ 1:16PMSigns of trouble in Australia's retail sector set new bells ringing for an economy whose fortunes now rest largely with mineral and energy resources and the health of China, and which beyond this is slowing to a disturbing degree.David...
  • Coastal Bend business leader: Carlos "Charlie" Alegria Sunday, July 17, 2011 @ 6:07AMMorgan Street Seafood Market
  • Marina industry feels effects of poor economic conditions Sunday, July 17, 2011 @ 5:54AMMarinas, like golf courses and outdoor concert venues, are seasonal businesses subject to the whims of weather in Buffalo's much-too-brief summers. On top of our limited supply of sunshine, marinas now must contend with high fuel prices and a still-struggling economy.
  • Board’s role ‘off limits’ in police probe of alleged £1bn HBOS fraud Sunday, July 17, 2011 @ 4:17AMThe police force investigating the alleged £1 billion fraud at the former Reading operation of HBOS has no plans to probe the possible role of former senior executives and board directors in the scandal.
  • Jobs created by new Chichester Marks and Spencer’s stores Sunday, July 17, 2011 @ 4:08AMMarks and Spencer's store manager Brian Butcher in the new cafe and food hall. Eighty-five jobs will be created with the revamp of Marks and Spencer’s stores in Chichester.
  • Amazon takes on California over sales tax Sunday, July 17, 2011 @ 1:34AMThe tax war between California and Amazon.com has been brewing for 16 years, since the day the retailer with the sly-grin logo opened for business.
  • Developer may be reviving big project Saturday, July 16, 2011 @ 11:02PMLIBERTY TWP. — Now that the economy’s heartbeat has seemingly strengthened, a multimillion dollar commercial development is making a blip.But landing retailers and financing are still keys to moving the project forward since it was first proposed in 2008.
  • Downtown turnaround: New businesses, upcoming concerts spark interest in the heart of Canton Saturday, July 16, 2011 @ 10:52PMCANTON — After reeling from a disappointing 2010, signs of life are starting to creep back into downtown Canton. The city is seeing new businesses open up and a few more express interest in coming ...
  • Commentary: What does every economic news story focus on? 'Jobs.' Saturday, July 16, 2011 @ 9:17PMLots of words, no answers: In eight Republic articles, the word job was mentioned more than 200 times. Up-and-down jobs reports muddle outlook.
  • Economy: Where are we now? Saturday, July 16, 2011 @ 7:00PMThe country’s economy is recovering even more slowly than expected, but the second half could be better.
  • No Happy Hour for UnionOn Pa. Liquor Store Plan Saturday, July 16, 2011 @ 11:13AMUnion says privatizing liquor stores would cost jobs while proponents claim it would boost economy California Lawmakers Debate Whether to Abolish Death Penalty
  • Pet jobs theories Saturday, July 16, 2011 @ 2:27AMVermont critics often charge that the state is driving out business because of its taxing policies -- specifically concerning the environment, education funding, income and health care. And a recent report from an online business journal would seem to back up those claims.
  • Tribune Opinion: Preliminary sales tax figures show new King Soopers is helping city Friday, July 15, 2011 @ 11:23PMMaybe Greeley Finance Director Tim Nash summed it up best: “Obviously, King Soopers knows what it’s doing when it locates stores.” Since the store opened in late February, Greeley has seen a jump in sales tax collections of 12.4 percent.
  • Maloney co-sponsors legislation to take Pennsylvania out of the alcohol business Friday, July 15, 2011 @ 10:11PMFrom the office of David Maloney State Representative David Maloney (R – Berks County) announced he is co-sponsoring House Bill 11, the plan unveiled this week by House Majority Leader Mike Turzai (R-Allegheny County) to privatize wine and spirits sales in
  • The Business Matrix: Saturday 16 July 2011 Friday, July 15, 2011 @ 6:39PMFirstGroup has reported an 8 per cent rise in rail passenger numbers in the past three months as more people ditch their cars amid soaring petrol prices.
  • Dire sales push Blacks further into the red Friday, July 15, 2011 @ 6:12PMMore than a third was wiped off the market capitalisation of Blacks Leisure yesterday after the embattled outdoor retail specialist warned that dire trading had resulted in a "significant" jump in its debt, which has forced it to extend its banking facility by £2m.
  • CFS ends door-to-door sales Friday, July 15, 2011 @ 6:10PMCo-operative financial Services is to cut 670 jobs as it shuts down its door-to-door sales team.
  • June retail sales up slightly as consumers purchase cars Friday, July 15, 2011 @ 5:54PMIn an ironic twist, falling gas prices held back retail sales from any stronger gains last month.
  • Inflation Falls: Is the Economy Saved or Doomed? Friday, July 15, 2011 @ 4:12PMInflation Falls: Is the Economy Saved or Doomed?
  • Debate Over State Liquor Store Privatization Heating Up Friday, July 15, 2011 @ 3:30PMThe debate is heating up over whether or not to privatize Pennsylvania’s state liquor store system. The lawmaker who is the latest to put a proposal on the table, and another lawmaker who is absolutely opposed, squared off during Friday’s taping of the KD-PG Sunday Edition.
  • WAKE UP AMERICA: The Budget Debate Is A Joke And The Republicans Are Trying To Put Us Further In Debt Friday, July 15, 2011 @ 2:44PMWe were bearish last week ( see Stock World Weekly for a summary of the week’s events and trade ideas for the week ahead ) and, although the market didn’t seem to agree with us, we simply scaled in and rolled our short positions higher.
  • Carbon excuse for poor DJs sales 'pathetic' Thursday, July 14, 2011 @ 11:55PMDJs Facebook page flooded with angry comments after retail giant used carbon tax to explain its record drop in sales.
  • Retail sales up slightly in June after May drop Thursday, July 14, 2011 @ 11:13PMConsumers spent more on cars and in big chain stores in June but falling gas prices held back retail sales.
  • Government decision sent us broke: insulator Thursday, July 14, 2011 @ 10:51PMA home insulation manufacturer and installer collapses, blaming cancellation of insulation program which left it holding near-worthless stock.
  • Government decision 'sent us broke', claims insulator Thursday, July 14, 2011 @ 10:47PMIn the week that Prime Minister Julia Gillard has been selling the benefits of her carbon tax a home insulation manufacturer and installer has collapsed, blaming the Federal government's cancellation of the home insulation program which left it holding near-worthless stock.
  • JPMorgan's income increase defies expectations Thursday, July 14, 2011 @ 10:47PMEARNINGS JPMorgan's surge defies forecasts JPMorgan Chase surprised Wall Street on Thursday with a sharp increase in investment banking income at a time when other banks are warning of layoffs because of a slowdown in...