Merchants can now relax. The House and Senate approved the Credit and Debit Receipt Clarification Act without opposition last month and the president has signed it into law. The act clarifies a provision in the Fair and Accurate Credit Transactions Act — a 2003 update of Fair Credit Reporting Act — that was intended to prevent credit card fraud, but caused confusion for some merchants and sparked more than 300 class action lawsuits.
Software piracy affects the Colorado economy, eliminates local jobs and damages local industries. During 2003, piracy cost the Colorado economy more than 2,100 jobs, more than $122 million in wages and salaries, more than $178 million in retail sales of business software applications and about $29 million in taxes. During 2006, the U.S. software industry lost $7.3 billion as a result of software piracy, an increase of $400 million compared to the previous year.
Shop.org’s CyberMonday.com Web site raised more than $300,000 for the Ray M. Greenly Scholarship Fund. The scholarship fund was established furing January 2006 to provide financial support to students pursuing careers in e-commerce and commemorates the life of Ray Greenly, an online retail industry veteran who died during 2005.
Hunter-Wolff Gallery will relocate March 1 to a larger space at 2510 W. Colorado Ave. The gallery is one block east of its current location, which opened during October 2005. More than double the size of the previous location, the new gallery will accommodate the addition of several new artists who will be announced during the grand re-opening from 5 p.m. to 8 p.m. April 19.
It’s that time of year again. When the front aisles at local big-box department stores switch from carrying beach towels and sunscreen to rows of composition books, pens and, of course, glue sticks. “We are expecting a pretty strong back-to-school shopping season this year,” said Katherine Cullen, the director of industry and consumer insights at […]
Brian Durheimer got to know some of the staff, athletes and committee members from the Olympic Training Center when his Inertia Coffee Co. had a drive-thru location on Union Boulevard not far from the OTC. The business has moved to 406 S. Eighth St., a location with room for a café and the equipment for […]