Jobless Claims Jump Last Week

Washington, DC…In the week ending August 20, the advance figure for seasonally adjusted initial claims was 417,000, an increase of 5,000 from the previous week’s revised figure of 412,000. The 4-week moving average was 407,500, an increase of 4,000 from the previous week’s revised average of 403,500. The advance seasonally adjusted insured unemployment rate was […]

Steve Jobs Resigns as CEO of Apple

Steve Jobs Resigns as CEO of Apple

CUPERTINO, California—August 24, 2011—Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately. “Steve’s extraordinary vision and […]

Google To Aquire Motorola Mobility for $12.5 Billion…Google’s Larry Paige Issues Statement

Google To Aquire Motorola Mobility for $12.5 Billion…Google’s Larry Paige Issues Statement

Google Inc…Since its launch in November 2007, Android has not only dramatically increased consumer choice but also improved the entire mobile experience for users. Today, more than 150 million Android devices have been activated worldwide—with over 550,000 devices now lit up every day—through a network of about 39 manufacturers and 231 carriers in 123 countries. […]

Senator Gaines’ TRPA Transparency Bill Signed Into Law

Senator Gaines’ TRPA Transparency Bill Signed Into Law

SACRAMENTO – Senator Ted Gaines (R-Roseville) today announced that Governor Brown has signed his legislation to create additional transparency, accountability and oversight within the Tahoe Regional Planning Agency (TRPA). “I am pleased that Governor Brown recognizes the importance for governing bodies such as the TRPA to maintain openness with the public and thank him for […]

Economy Adds 154k Private Sector Jobs in July. Unemployment Rate 9.1%

Economy Adds 154k Private Sector Jobs in July.  Unemployment Rate 9.1%

Washington, DC…According to the Commissioner Keith Hall Nonfarm payroll employment rose by 117,000 in July, following 2 months of little change. The unemployment rate was 9.1 percent in July and has shown little definitive movement since April. Private-sector employment increased by 154,000 over the month. Health care employment rose by 31,000 in July, as both […]

400K Initial Jobless Claims Last Week

Washington, DC…In the week ending July 30, the advance figure for seasonally adjusted initial claimswas 400,000, a decrease of 1,000 from the previous week’s revised figure of 401,000. The 4-week moving average was 407,750, a decrease of 6,750 from the previous week’s revised average of 414,500. The advance seasonally adjusted insured unemployment rate was 3.0 […]

Squaw Announces Details for $50 Million Capital Plan

Squaw Announces Details for $50 Million Capital Plan

Squaw Valley, USA – Squaw Valley USA announces the details of a five-year, $50 million capital improvement plan that will add dramatic improvements to the on-mountain and base village guest experience. Plans include everything from new food and hospitality offerings to new beginner and advanced high-speed chairlifts, trail improvements and a state of the art […]

American Century Championships Pumps Millions Into Local Economy

American Century Championships Pumps Millions Into Local Economy

July 29, 2011 (Stateline, Nev.) – The economic impact from this year’s American Century Championship on South Lake Tahoe is estimated at $10 -20 million. The figure, provided by the Lake Tahoe Visitors Authority, represents total spending throughout the region: lodging, dining, activities, entertainment and gaming combined with the media exposure generated for the destination […]

NFL Clubs Approve Comprehensive Agreement

NFL Clubs Approve Comprehensive Agreement

Atlanta, GA…NFL clubs approved today the terms of a comprehensive settlement of litigation and a new 10-year collective bargaining agreement with the NFL Players Association. The vote was taken at a league meeting in Atlanta where the clubs were briefed on the terms of the agreement and the rules for the transition into the new […]