Monthly job openings, a gauge of the U.S. economy, was 5.5 million in September per the Bureau of Labor Statistics. That's a slight increase from the 5.4 million reported in August. Hires edged down, especially in arts, entertainment, and recreation to 5.1 million. Total separations were little changed at 4.9 million. There were 1.5 million layoffs, a decrease of 218,000 from August.
Sears will open its doors at 6 p.m. Thanksgiving Day, and keep them running until 12 a.m. Black Friday. The locations will then close for a few hours before reopening at 5 a.m. Sears joins Macy's, Kohl's and Toys R Us, which have all said they will open on the holiday. Sears has 9 locations in Oregon, but only one is full service. (CNBC)
Oregon’s Erickson Aircrane failed to make its $14 million quarterly payment to bond holders on November 1st, according to Reorg Research. It is reported that bondholders have hired lawyers and are working with the company on a restructuring plan.
Wal-Mart is kicking online Black Friday sales three hours earlier than last year, at 12:01 a.m. on Thanksgiving Day. That's well before its in-store doorbuster deals begin at 6 p.m. (CNBC)
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.