Some stories about the Manitou Incline are like big-fish-that-got-away tales. Someone knows a guy who knows a gal who climbed the Incline in less than 20 minutes, in the heat, with a pack and without breaking a sweat. No one can be sure whether the stories are true or just part of the competitive lore […]
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On Wednesday, the Colorado Springs City Council lost a voting member and the business community lost a visible small-business owner who, since last May, led an important role in shaping the city’s future. Joanne Colt formally announced her resignation from the Council and asked for forgiveness from the community....
“Look up in the sky — it’s a bird, it’s a plane, it’s….” a bright shiny object — the next program of the month designed to save the company from the perils of the market or the organization’s culture. Whether it is another restructuring, a performance improvement program, business process re-engineering, or the latest guru’s […]
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The number of people filing claims for unemployment benefits fell unexpectedly last week, leading analysts to believe that the labor market is gaining traction, reports Bloomberg. Applications for unemployment dropped by 15,000 last week. Job creation also accelerated last month, leading analysts to believe that the nation is on its way to replacing 8.3 million […]
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After three years of experimentation, organizers of the Southern Colorado Economic Forum have found a formula that works: focusing only on the local community. Four members of the business community founded the forum, bringing in national speakers who focused mainly on national economic concerns. It won’t be like that...
Hiring managers are increasingly turning to Internet search engines and online networks as a means to assess candidates during the hiring process. “No two ways about it — it’s increasing,” said Dave Opton, who started ExecuNet, an online executive career and recruiting network during 1988. “We live in an information age. It’s much easier and takes less time to get information — it’s not burdensome.”
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While Woodland Park has seen a steady stream of job seekers, the city hasn’t been hit as hard as some on the Front Range. But Chamber of Commerce President Debbie Miller said her office is working with others in the region to connect businesses and workers. “The Pikes Peak Workforce Center comes here a couple […]
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The same gold mine that supplied to gold for the original dome at the Capitol building will now provide more gold, reports the Denver Business Journal. Anglogold Ashani will donate 72 ounces of gold to restore luster to the state building. Read more at the Denver Business Journal.
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Manufacturers from around Southern Colorado are preparing for next week’s Southern Colorado Manufacturing Expo — a Colorado Advanced Manufacturing Alliance South event. The expo will take place from 10 a.m.-7 p.m. Nov. 1 and from 8 a.m.-2 p.m. Nov. 2 at the Mortgage Solutions Financial Expo Center, 3650 N. Nevada Ave. In its third year, […]
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The throes of a recession might not seem like the most opportune time to expand a business, but Bob Penkhus had an inkling that adding Volkswagen to his dealership would be good for business. And he was right. Penkhus bought the Volkswagen franchise two years ago from Hueberger Subaru across the street from his Volvo […]
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When Chris and Cindy Harrell opened Extreme Pizza in the old Southgate Shopping Center in February 2003, they didn't know some of their best customers would be sent to war. Nor did they bargain for a major shopping center renovation. But a wise businessperson knows things can change...

Steady as she goes

Hospitals are preparing very conservative budgets for 2009, taking into account lower patient volume and less revenue from investments. Memorial Health System’s budget process is open to the public because it is owned by the City of Colorado Springs. The hospital system is asking Colorado Springs City Council to approve a budget of $667.1 million, an increase from last year’s request of $628.6 million. Council approved an appropriation of $646.3 million for 2008.
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