Investors retreat from US stock mutual funds

  Investors pulled money from U.S. stock mutual funds and added to bond funds in April as the stock market had its first losing month of the year. But investors were clearly willing to take on some risk, as funds investing in foreign stocks attracted new cash.   Investors withdrew a net $5.7 billion from […]
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Boardings up at Springs airport

Heavy holiday traffic predicted Regional airport markets, much like real estate markets, are invariably “local.” Take news about a year-over-year increase in Pikes Peak region passenger boardings at the Colorado Springs Airport, for example. Despite broader downward airline industry trends, local enplanements are on the rise. Citing September’s 2.3 percent increase in Colorado Springs-based passenger […]
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Haunted Mines scares up $100K for local charities

Thousands of brave souls paid cash to be frightened this past Halloween season at the Haunted Mines and now local organizations are benefiting. The Haunted Mines organizers are giving away more than $100,000 to local organizations. The Wescott Fire Protection District, the Colorado Wolf and Wildlife Center and the Tri-Lakes Cares food bank will each […]
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Retailers harboring guarded hope for holiday sales

With the holiday shopping season kickoff a week away, retailers nationwide were looking for any positive sign in the Commerce Department’s October retail sales report, which was released Nov. 15. They got some when the report indicated retail sales rose 1.4 percent, signaling that consumers might be trending toward loosening their purse strings during the […]
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Stoking the project pipeline

The process that brings new office buildings, schools, commercial centers and civic or government structures into the construction pipeline has been temporarily stalled by tight money and sidelined investors. So, what does the future hold for those involved in the design and construction of tomorrow’s signature buildings or urban centers — the architects, contractors and […]
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PPCC science upgrades

Pike’s Peak Community College is planning an extensive renovation of its science labs — which include biology, chemistry and nursing. The college received permission from the Capital Development Committee of the General Assembly to start a $4.2 million renovation and retrofitting project this spring, said President Tony Kinkel. The college is not borrowing any money […]
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UnitedHealth beats expectations

UnitedHealth Group, the largest insurer in Colorado, beat analyst expectations in its first-quarter earnings. Its net profit rose $1.19 billion or $1.03 a share, up...

Griffis Blessing adds Class A building to portfolio

Griffis/Blessing, Inc. will provide property management services for the 54,429-square-foot Class A Bancorp Plaza office building at 1 S. Nevada Ave. Management had previously...

Proposal would up small business, credit union lending

Colorado Sen. Mark Udall has introduced a legislative amendment to his own business bill that would increase the amount of small-business loans that credit unions...

Sky Sox officially Brewers’ affiliate

Colorado Springs Sky Sox President and General Manager Tony Ensor said April is too far away. “If you could start the 2015 season tomorrow, it wouldn’t be soon enough for us,” Ensor said Oct. 2 during a press conference in the banquet room of Security Service Field. “That’s the level of excitement we have.” Following […]
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Springs bucks suburban poverty trend

Colorado Springs suburbs are bucking a nationwide trend known as "the suburbanization of poverty." While the number of poor people living in suburbs grew...