Waiting tables a real drag for women

There’s a good chance your waitress is depressed. Nearly 15 percent of women working in the food service industry report having experienced depression in the last year – nearly triple that of their male counterparts, according to a report by the U.S. Department of Health & Human Services. And, depression among food workers is among […]
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Senate OK’s appropriations bill with Colorado projects

The appropriations bill passed last night in the U.S. Senate contains more than $1.7 million for Colorado projects – none of which are local. The projects include: $200,000 for Mercy Health Foundation in La Plata County to expand its primary care and prevention services $200,000 for Denver Health Medical Center in Denver to expand and […]
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U.K. firm brings R&D operation to the Springs

Light Blue Optics, based in the United Kingdom, has opened a research and development facility in Colorado Springs. The company, which produces holographic laser technology,...

Springs hotel occupancies, room rates rise

Hotel occupancies and room rates in Colorado Springs have risen slightly during the last year. The average occupancy rate for Colorado Springs-area hotels was 69.3...

Merrill Lynch reports record loss

Merrill Lynch & Co. reported the biggest quarterly loss in its 93-year history after $8.4 billion worth of writedowns. The third-quarter loss of $2.24 billion, or $2.82 a share, was about six times higher than the New York-based company estimation on Oct. 5. Merrill Lynch wrote down the value of subprime mortgages, asset-backed bonds and […]
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Single family home building declines approach 50%

Cumulative declines in single-family construction and building permit authorizations is approaching 50 percent, said David Seiders, chief economist for the National Association of Home Builders. He also said annual rates for both starts and building permits fell below the million-unit market for the first time since 1995. The NAHB/Wells Fargo Housing Market Index dropped to […]
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Gasoline prices begin winter ascent

Gas prices increased by about 5 cents during the past two weeks, to an average of $2.80 per gallon of self-serve regular, according to...

SBA hands out $20.6B in 110,000 loans this year

Already this year, the U.S. Small Business Administration has broken loan records, increasing total loan-dollar volume and lending more than 5.5 percent in...

State Supreme Court to consider lobbyist gift rule

The Colorado Supreme Court is scheduled to hear arguments about the constitutional amendment that limits lobbyists’ gifts to legislators at 9 a.m. Thursday. Voters approved...

AMEC wins Air Force Academy contracts worth $21 million

AMEC, the international engineering and project management company, has been selected for eight project management awards totalling $21.7 million at the U.S. Air Force...

U.S. Army’s largest solar project coming to Fort Carson

A host of companies are partnering to engineer, install and finance a two-megawatt, ground-mounted solar photovoltaic system at Fort Carson Army Base. When completed, the...

G.M. on top in world auto sales race

Third quarter sales reports show that General Motors has regained the lead over Toyota as the world’s top automaker. General Motors reports selling 2.38 million...