Tymoshenko lost to Viktor Yanukovych in the presidential election Feb. 7. She contends that Yanukovych's victory by about 3...

Philadelphia’s Drexel University, which has a graduate studies center in Sacramento, has named John Fry as its 14th president.

Fry, who is president of Franklin & Marshall College in Lancaster, Pa. and a former University of Pennsylvania executive, will start at Drexel on Aug. 1.

Drexel began a national search for a new president in July after death of Constantine Papadakis, who died in his 14th year as Drexel president...

California Earthquake Authority chief executive Glenn Pomeroy on Wednesday testified to two congressional subcommittees in support of a bill to reduce the cost of earthquake insurance.

Pomeroy told members of the U.S. House of Representatives subcommittees on Housing and Community Opportunity and Capital Markets, Insurance and Government Sponsored Enterprises that H...

A St. Patrick’s Day event at de Vere’s Irish Pub in downtown Sacramento is expected to impact morning and afternoon traffic in the vicinity of L and 16th streets.

L Street will be closed between 15th and 16th streets from 4 a.m. March 17 until 2 a.m. March 18. The south sidewalk also will be closed starting at 6 p.m. on St...

Citigroup plans to double the number of private bankers over the next several years, from 130 to 260, Citi Private Bank’s North America chief executive Peter Charrington told Dow Jones Newswires.

Citi’s (NYSE: C) private bank targets clients worth at least $25 million to invest.

“We have 22 locations in North America and will add selectively by putting talent in key markets,” Charrington told Dow Jones...

With the California State Fair starting two weeks earlier this year, deadlines for entertainers, artists and bands are also starting earlier.

The fair features a variety of performers on numerous stages and also roving acts.

Those hoping to work the fair should submit an application and promotional package by March 31.

The California Exposition & State Fair board of directors changed California State Fair dates to July starting this year...

Drexel University is expanding its cooperative education program to Northern California, which will enable locals who are undergraduate students at Drexel’s main campus in Philadelphia to return home for their paid work experience.

Drexel, which has a graduate studies center in Sacramento, this week is meeting with business and civic leaders in the Sacramento region to discuss how they can benefit from the university’s co-op education, a news release said...

Oregon’s second-largest credit union announced Wednesday that it plans to merge with a California peer to become one of the 15 largest credit unions in the country.

First Tech Credit Union of Beaverton, Ore. must first get the approval of state and federal regulators and of its 165,000 members before it can combine with Addison Avenue Federal Credit Union of Palo Alto...

By the next decade, California’s public colleges are going to need space for nearly 400,000 more students.

That’s according to enrollment projections for higher education that the California Postsecondary Education Commission released this week.

A report called “Ready or Not, Here They Come” projects that the demand for undergraduate enrollment slots at University of California, California State University and community college campuses will increase by 16 percent, or 387,000 students, by 2019...

As Apple Inc. gets ready to stock shelves with its iPad tablet device, software developers are hurrying to make their iPhone apps compatible with the new device.

The AppSlice Web site reports that just 16,700 of the more than 140,000 applications that developers have created for the iPhone and iPod touch have been certified as iPad-compatible so far...

Long-term mortgage stayed below 5 percent for the second straight week, according to Freddie Mac's weekly rate report.

The average rate on a 30-year fixed-rate mortgage in the week ending March 11 was 4.95 percent, down from 4.97 percent last week, according to Freddie Mac (NYSE: FRE). A year ago, 30-year mortgages averaged 5.03 percent...

Consumers for years have groaned about bank overdraft fees. Now Bank of America Corp. says it’s listening.

The Charlotte, N.C.-based bank, which has 88 branches in Oregon, this summer will stop charging the $35 overdraft fee when customers overdraw their checking accounts in a debit-card transaction. Instead, customers can choose to have their debit card declined for insufficient funds or link the card to another account to pay for the transaction...

The University of Oregon Index of Economic Indicators jumped 1.7 percent in January to 88.5, based on a 1997 benchmark of 100.

This is the third consecutive month of gains in excess of 1 percent. Over the past six months the index has risen 10.7 percent, and all indicators have shown improvement over that period.

While the UO Index is consistent with solid economic growth, that growth has yet to translate into significant overall job gains, said Tim Duy, director of the Oregon Economic Forum and a UO adjunct assistant professor...

Anitian Enterprise Security announced plans Wednesday for a new data center.

The data center, located at Anitian’s new offices in Beaverton, will include expanded hosting and data storage facilities, as well as state-of-the-art power and security features.

The new data center is in response to growing customer demand, the company said...

The number of unemployed workers has risen by at least 50,000 in 16 states during the past year, according to a report released Wednesday by the U.S. Bureau of Labor Statistics.

California has experienced the sharpest upswing. It had 2.27 million unemployed workers in January 2010, an increase of 488,800 from the same month in 2009.

The runner-up is Florida, where 300,300 people have been added to the unemployment rolls during the past year...

Gov. Ted Kulongoski on Wednesday signed into law a series of bills from the 2010 legislative session.

Below is the list and brief summary of bills affecting business. HB 3609 — Allows the sponsor of an enterprise zone to relax minimum employment requirements and to extend eligible period of property tax exemption of qualified property up to two additional years...

Panera Bread Co. said Wednesday it will post calorie information on menu boards at all company-owned Panera Bread and Saint Louis Bread Co. bakery cafes by April. It expects franchised locations to follow suit by the end of the year.

Panera said it would be the first national chain to voluntarily post calorie information across the country...

Oregon’s second-largest credit union announced Wednesday that it plans to merge with a California peer to become one of the 15 largest credit unions in the country.

First Tech Credit Union of Beaverton must first get the approval of state and federal regulators and of its 165,000 members before it can combine with Addison Avenue Federal Credit Union of Palo Alto, Calif...

SAIF Corp., which runs Oregon’s state-chartered workers compensation system, will soon mail $100 million in dividend checks to 44,000 current and former customers.

Employers whose policies ended or renewed during 2008 will receive the dividend, which will total between 20 and 25 percent of that year’s premiums. Checks will be mailed the week of April 12...

Margaret Carter’s candidacy for Multnomah County chair lasted fewer than two days.

Carter, the former Portland state senator who announced she’d seek the seat Tuesday, withdrew from the race Wednesday afternoon. Carter, who retired from the senate in order to join the state’s health and human services department, cited her deputy director’s job as the reason for withdrawing...