Minggu, 28 Februari 2010

plus 3, CA-BUSINESS Summary - ReportonBusiness.com

plus 3, CA-BUSINESS Summary - ReportonBusiness.com


CA-BUSINESS Summary - ReportonBusiness.com

Posted: 28 Feb 2010 08:31 PM PST

Canada due for "boring is beautiful" budget

TORONTO (Reuters) - Global investors ravaged by rising sovereign risk will find welcome respite in Canada's March 4 federal budget, with controlled leaks and relatively healthy finances making it a refreshingly low-key event for markets. In stark contrast to the Greek budget tragedy unfolding in Europe, Canada is expected to forecast a deficit of less than 3 percent of gross domestic product, the lowest of any Group of Seven nation.

Rio Tinto beefs up position in Canada's Ivanhoe

MELBOURNE (Reuters) - Global miner Rio Tinto will increase its stake in Canada's Ivanhoe Mines by 2.7 percent to 22.4 percent for $233 million, in a move tied to plans to jointly develop the giant Oyu Tolgoi copper mine in Mongolia. The move beefs up Rio Tinto's position in Ivanhoe just after the Canadian group announced plans for possible corporate action lift shareholder value.

AIG agrees to $35.5 billion unit sale to Prudential: sources

NEW YORK (Reuters) - American International Group Inc agreed to sell its Asian life insurance unit to Britain's Prudential Plc for about $35.5 billion, in a deal that would help the U.S. government get back billions of its bailout money, sources familiar with the matter said. The board of AIG approved the sale of American International Assurance (AIA) to Britain's largest insurer, and the sides are working on finalizing the terms and financing for the deal, the sources said on Sunday.

Chile restarts top copper mines hit by quake

SANTIAGO (Reuters) - Chile's biggest copper mines hit by a massive earthquake slowly resumed operations on Sunday despite limited power supplies, which analysts fear could curtail exports from the world's No. 1 producer. Ricardo Alvarez, manager at Chile's fourth largest mine, El Teniente, which accounts for more than 7 percent of national output, told Reuters the recovery pace of output would depend on the supply of electricity, which was partial.

Toyoda slips into China on damage control mission

BEIJING (Reuters) - Toyota Motor Corp President Akio Toyoda sought to ease quality concerns during a low-key visit to China on Monday, fresh from a grueling hearing in the U.S. Congress over his company's biggest safety crisis. Toyoda flew directly from the United States to China to meet with government officials and local reporters, according to media reports, underscoring the importance of an auto market that surpassed the United States last year to become the world's largest.

Greece may take more debt steps as EU visit looms

ATHENS (Reuters) - Greece may soon announce new steps to cut its budget deficit, a government minister said on Sunday, amid signs that Athens might be nearing a deal with European Union governments to ease the Greek debt crisis. Economy Minister Louka Katseli said Prime Minister George Papandreou would review Greece's fiscal plans, after an EU mission to Athens last week decided that the country's austerity measures were not strong enough to reassure financial markets.

UK, Iceland in contact on Icesave, no new meetings

REYKJAVIK (Reuters) - Icelandic negotiators may return home on Monday from London if no new meetings are called with British officials over the Icesave debt crisis, Icelandic Radio quoted a finance ministry spokesman as saying. Officials from the two countries met in London on Saturday but the radio station said no formal meetings took place on Sunday, although the negotiating teams had been in contact.

HSBC, Standard CEOs to donate bonuses -report

LONDON (Reuters) - The chief executives of HSBC Holdings , Europe's biggest bank, and Asia-focused rival Standard Chartered are set to give their bonuses to charity, newspapers reported on Sunday, following a high-profile row over the sums paid to bankers. Three British newspapers reported that HSBC chief Michael Geoghegan would accept his bonus but give it to several charities. HSBC declined to comment.

South Korea's KOGAS to invest $1.1 billion in Canada gas fields

SEOUL (Reuters) - South Korea's KOGAS has signed an agreement to jointly explore and develop natural gas fields in Canada with Canadian energy firm EnCana Corp , the firm said on Sunday, confirming earlier media report. KOGAS and EnCana will jointly explore and develop three natural gas fields located in northeastern part of British Columbia, and KOGAS will invest $1.1 billion over next five years.

Greece must take more measures or face sanctions: report

ATHENS (Reuters) - Greece must take further measures to reduce the deficit or it will face sanctions, Eurogroup chairman Jean-Claude Juncker was quoted as saying by a Greek newspaper. Greece has until March 16 to convince EU finance ministers and the executive European Commission that proposed measures to cut its budget shortfall this year to 8.7 percent of gross domestic product from 12.7 percent in 2009 are sufficient.

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TODAY'S CLASSIFIEDS - Johnson City Press

Posted: 28 Feb 2010 01:43 PM PST

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Business leader: Ron Carothers - Corpus Christi Caller

Posted: 28 Feb 2010 07:52 AM PST


Ron Carothers increased revenue at Camper Clinic by adding inventory.

Janet Herlihy/Special to the Caller-Times

Ron Carothers increased revenue at Camper Clinic by adding inventory.

— Ron Carothers: vice president/co-owner, Camper Clinic Inc.

Address: 302 W. Market, Rockport, TX 78382

Phone: 361-729-0031

Web site: www.camperclinic.com

Company description: Recreational vehicle super store offering sales, parts and service

Hometown: Harper, Kan.

Years in business: 25 years

Tenure in position: 15 years

Education: Graduated from Harper High School, Harper, Kan., 1956. Joined the Army, completed Officers Engineering School, Fort Belvoir, Va., 1963. Completed Army Helicopter Training, Fort Rucker, Ala., 1965.

First job: When I was 16, I did construction work at the Wheat Elevator Construction Company in Harper. I learned not to be afraid of hard work and that it has its rewards.

Biggest career break: I was working in Nebraska in the dead of winter as a pipe fitter, when I was offered an assignment in the Army Primary Helicopter Training. I jumped at it, which started my aviation career in the U.S. and overseas for the next 20 years. After many thousands of hours of flying and three engine failures, with no damage, I decided my odds might be running out, so I started a One Hour Photo Lab in Corpus Christi in 1985. This developed my business experience and eventually led to my work at Camper Clinic.

Business turning point: I had worked as general manager at CC Motor Homes for six years, when I purchased 50 percent of Camper Clinic in Rockport in 1995. We increased the revenues considerably by expanding the inventory of RV units and soon became the largest RV store in the area. We added at least 15 very good employees and I became the full-time manager. We continue to be the largest RV store in the Coastal Bend. We have expanded the business six or seven times and now are located on 11 acres. In 2008, we hired Brian Davis as general manager, who came from the auto industry and brought a lot of good ideas.

Business philosophy: We believe that our customers are the most important people at our dealership. They are not dependent on us. We are dependent on them. Our clients become team members and we all work together to make sure they get the best product and service possible. They are doing us a favor by giving us the opportunity to give them all the service they have the reasonable right to expect, and then some.

How would you improve the Coastal Bend's business climate? Stop the kind of political bickering that lost the city a great project over a proposed Ferris wheel and the a major investment on the Island over closing a short distance on the beach to vehicles. Now we are taking so long to demolish an eyesore on the prettiest part of our Shoreline Drive. This is old-time politics at its worst. I am a firm believer in "If you do what you've always done, you will get what you always gotten."

How has your business changed with today's economic climate? We didn't prepare for the downturn until it hit us. Better management of things like costs, inventory and personnel should have been ongoing. We had to rein in costs and make some layoffs, but every mistake we made is part of a learning curve that is making us stronger in the long run.

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Milton E. "Mike" Orlob - Bend Bulletin

Posted: 28 Feb 2010 03:56 AM PST

Published: February 28. 2010 4:00AM PST

April 21, 1943 - February 21, 2010

Milton E. "Mike" Orlob, of Sunriver, Oregon, died Sunday, February 21, 2010, at his home. He was 66.

A graveside service was held on Friday, February 26, 2010, at Willamette National Cemetery in Portland. Chaplain Rex Auker, officiating.

Mr. Orlob was born April 21, 1943, in Moscow, Idaho, the son of Dr. William and Betty (Morrell) Orlob.

He graduated from Cheney High School in Cheney, Washington in 1961 and served in the US Navy during the Vietnam era from 1961 - 1965. On February 14, 1978, he married Evelyn Hunter in Kelso, Washington.

Mr. Orlob worked in parts and counter sales at Sears and NAPA Auto Parts in Prineville and La Pine, Oregon, until his retirement in 2003. Mr. Orlob was a lifetime member of both the American Legion and VFW. He enjoyed NASCAR, RV'ing and fishing.

Survivors include his wife, Evelyn Orlob of Sunriver, OR; his mother, Betty Martin of Olympia, WA; two sons, David Orlob of Keizer, OR and M. Eric Orlob of Tacoma, WA; two brothers, Wesley Orlob of Anchorage, AK, and Douglas Orlob of Walla Walla, WA; and a sister, Sherri Orlob of Tacoma, WA. He also leaves behind four grandchildren.

Mr. Orlob is preceded in death by his father.

Memorial contributions to: COVO (Central Oregon Veteran's Outreach) at 354 NE Greenwood, Ste. 113, and Bend, Oregon 97701.

Baird Funeral Home of Bend, Oregon, is in charge of arrangements, (541) 382-0903, www.bairdmortuaries.com.

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