President Barack Obama is heading to Denver to pitch his jobs plan in the city where he accepted the Democratic nomination. But as he’s acknowledged at fundraisers up and down the West Coast, this election isn’t like 2008. Obama told a star-studded Hollywood fundraiser Monday night that this time around people are weary, and the […]
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Small business owners are worried about the so0called “fiscal cliff” and they don’t want any potential solution to interfere with job creation. The looming questions over whether Congress will act before the year-end deadlines has small business owners trying to plan for varied scenarios. In Colorado Springs, 80 people attended a recent seminar “The Fiscal […]
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A midyear economic report by the University of Colorado Boulder’s Leeds School of Business indicates the state continues to outshine expectations for growth in 2014. The report showed, among other things, that Colorado employment was up 3 percent in May compared to May 2013. The Colorado Business Economic Outlook published in...
As the new Consumer Financial Protection Bureau officially opened its doors Thursday, the House was considering legislation that could restrict its authority to act against abuses of the financial system. Republican sponsors of the bill say they are simply trying to promote transparency and accountability in the agency that was created a year ago as […]
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The fiscal cliff is looming larger, and the country actually might endure a series of draconian cuts and tax increases — something that was never supposed to happen. When Congress passed a law in August 2011 requiring $1.2 trillion in across-the-board cuts — half from the Department of Defense —...
The Coleman Co. plans to move 25 of its top executives to Denver, but says that does not mean the company headquarters is moving out of Wichita. Coleman president and CEO Robert Marcovitch announced Thursday that the departments moving include sales, marketing, creative services such as graphic design and financial...
Republican Rep. Mike Coffman says members of Congress should follow millions of American workers and give up their pensions. The Republican from suburban Denver says that when Congress returns from recess, he'll suggest cutting the pension available to members with at least five years' service. Coffman says that the bad economy...
Phone company CenturyLink Inc.’s second-quarter profit fell 78 percent as it had to write off more than expected of the value of Qwest, which it bought in April. In another wrinkle to the $12.2 billion acquisition, the company lost more broadband subscribers in the Qwest areas than it gained, something that never happened when Qwest […]
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As the drought afflicting Colorado Springs and much of the rest of the state continues, tempers are hot over a deal in which the city utility sold an additional three million gallons of water to irrigate a golf course. The Broadmoor Hotel was sold city drinking water to irrigate its golf course while the rest […]
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Nonfarm payroll jobs increased 14,600 over the month from August to September, to nearly 2.5 million jobs, according to a Department of Labor and Employment survey of business establishments. Private sector payroll jobs increased 14,700 and government decreased 100 over the month. Colorado has had 35 consecutive months of payroll job gains. According to the survey […]
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Harsh temperatures in the winter of 2009 didn’t ruin the 2010 Colorado wine harvest season. Wine makers tapped into their reserves and turned out one of the best seasons they’ve had, officials said. For the first time since the repeal of Prohibition, Colorado wineries reported more than 1 million liters...
Companies decreased their overall orders to U.S. factories in October for the second straight month, evidence that the economy remains weak despite other signs of improvement. The Commerce Department said Monday that total factory orders fell 0.4 percent. September's modest 0.3 percent increase was also revised to show a 0.1...