As northern El Paso County gets ready for the opening of a second new hospital, residents in the southern section of the county are feeling the strain from lack of medical services. “We’re grossly underserved out here,” said Lisa Cochrun, economic developer for the City of Fountain. “According to the assessment we had done of the impact of the new Fort Carson soldiers and their families, we’re going to have a huge need for medical services.”
Worries over the Greek debt situation led the Standard & Poor’s 500 to break its five-week rise in stock prices, according to Bloomberg. Citigroup, Bank of America and Morgan Stanley dropped 1.2 percent, while energy companies Alcoa and Halliburton dropped the same amount. Read more at Bloomberg.
Facebook execs say that advertising dollars aren’t maintaining pace with the number of users, many of whom are logging in from mobile phones, Bloomberg said. The company is under pressure to explain its new mobile applications as many investors say they aren’t interested in Facebook’s initial public offering, due next week. Read more at Bloomberg.
Virtual assistants are gaining popularity, but they aren’t the solutions for every entrepreneur or every industry. V.A.s provide administrative, creative, marketing and/or sales support. They work from home and don’t even have to be in the same city or state as their employers. This eliminates overhead costs, such as renting office space, providing health insurance and hiring full-time workers.
It’s the ski season that wasn’t, said the Denver Business Journal. The number of ski visits fell 9.8 percent during the winter months, largely due to lack of snow. The visits to the 21-member Colorado Ski Country USA fell to a 21-year low last year. Nationally, ski visits fell by 15 percent. Read more at […]
Pueblo and Fort Collins saw lower job loss during the recession than any other city in the state – and those two cities are the ones that will recover the soonest, according to the Denver Post. The analysis is part of a study released by the U.S. Conference of Mayors, who say it could take […]
The State Land Board auctioned off oil and gas rights under more than 83,000 acres of state-owned land, according to the Denver Business Journal. Oil and gas companies paid a total of $13.78 million for the rights. The board found takers for all parcels auctioned, except one. Read more at the Denver Business Journal.
In the counterfeit friendly nation of China, companies face competition from employees who steal secrets and use them to make companies of their own. And sometimes, those counterfeit companies have the backing of the Chinese government, reports the New York Times. Economists and academics consider it a disturbing pattern – one in where the Chinese […]
America’s leading Internet service providers (ISPs) have spent many years and billions of dollars upgrading their transcontinental networks, which constitute the backbone of the Internet. Now they are eager to profit by offering new, compelling services. One plan is to give certain Web sites high priority on their data, so as to guarantee “quality of service” — the speed, frequency and reliability with which data is delivered. This would enable content providers to offer high-quality live TV and videoconferencing or advanced remote medical monitoring, without the delays and unreliability that plague the Internet today.
Not willing to rest on the popularity of Facebook games like “Farmville” and “Cityville,” Zynga is spending money to acquire other online companies, said Bloomberg. In its first year as a publicly traded company, Zynga is turning to M&A to expand into new regions and markets such as mobile games. The biggest maker of social […]
Colorado’s Front Range is sitting on a billion barrels of oil, which could bring $4 billion a year in revenue to state coffers. Houston-based Anadarko made the estimate based on 11 horizontal wells it sank in Weld County. Read more at the Denver Post.