Bank of the West’s Beecher to retire

(March 24, 2014) -- With the retirement of Beecher, the bank also announced that Michael Lax, currently senior vice president and head of dealer financial services at the bank, will succeed him in his role. As part of this move, Andrew Hein will assume Lax's responsibilities as the new head of dealer financial services.

N.Y. RV Park in Opposition to ‘Zip Line’ Project

Plans for one of North America’s longest zip line attractions in upstate New York have hit a snag that threaten to keep the project from becoming reality, The Saratogian reported. Wild West Ranch owner Ralph Macchio Sr. — father of “Karate Kid” actor Ralph Macchio Jr. — has already obtained Adirondack Park Agency and Town [...]

Winter Weather Stalls Out Feb. Powerboat Sales

Astronomically speaking, the spring season began last week, but in the recreational boating industry the spring selling season starts in February. This year, it did not start well. According to Soundings Trade Only, the slim sales gains that the industry achieved in January vanished the following month as a harsh and snowy winter punished the Midwest, [...]

Pickups, Crossovers are Outselling Cars in 2014

So far this year, cars have accounted for 47.4% of U.S. sales, according to data from WardsAuto. Analyst Haig Stoddard forecasts light trucks will outsell cars for the foreseeable future. “Going forward, if cars can stay below 50%, it’s a good economic barometer,” Stoddard said. The Detroit Free Press reported that pickup sales continue to [...]

Report: Economists Up Forecast on U.S. Growth

Economists for U.S. businesses are more optimistic about the recovery than they were three months ago, forecasting growth to accelerate this year after a slow start caused by severe winter weather. According to a Los Angeles Times report, the media projection in the quarterly survey by the National Association of Business Economics (NABE), released today (March [...]