More Wayne Heilman Articles

Wayne Heilman

Business Reporter

  • Colorado Springs economy limping along this year after highlight year in '13

    Updated: Sun, Jul 6, 2014

    After a banner year in 2013, the Colorado Springs economy has taken a step backward this year and the prospect for improvement for the rest of 2014 isn't good. The Business Conditions Index - an indicator compiled by the Southern Colorado Economic Forum - fell to 104.78 in March, its...

  • Colorado Springs unemployment, jobs numbers best in more than five years

    Updated: Wed, Jul 2, 2014

    The Colorado Springs area job market continued to put the recession in the rear-view mirror in May as the unemployment rate fell and the number of employed both reached levels not matched since late 2008, according to data released Tuesday. The area's 7.2 percent jobless rate in May...

  • Big deal: Colorado Springs company completes major acquisition of California firm

    Updated: Mon, Jun 30, 2014

    Spectranetics Corp. completed the biggest acquisition in its 30-year history on Monday, paying $230 million for AngioScore Inc., a Fremont, Calif.-based manufacturer of specialty angioplasty balloons. Colorado Springs-based Spectranetics agreed last month to buy AngioScore and issued...

  • Verizon Business to lay off IT workers

    Updated: Wed, Jun 25, 2014

    Telecommunications giant Verizon Business notified “well under 100″ information technology department employees at its Colorado Springs operation that they will lose their jobs July 18, Verizon spokesman Ray McConville confirmed Wednesday. McConville declined to say how many...

  • Will Colorado Springs business licensing fees go away? Council member working on it

    Updated: Sat, Jun 14, 2014

    Colorado Springs City Council member Helen Collins is proposing eliminating fees on most city licenses as a way to attract more small businesses to the area, but it's likely to draw a veto from Mayor Steve Bach, with little chance of an override. The proposal, which is included in a...

  • New vehicle registrations stay in low gear

    Updated: Thu, Jun 12, 2014

    New vehicle registrations in El Paso County remained barely above neutral in May, edging up just 1.1 percent from a year ago, according to a report posted Wednesday by the El Paso County Clerk & Recorder’s Office. Registrations in May rose by 21 vehicles from May 2013 to...

  • El Paso County wind farm project's new owner eyes springs 2015 construction start

    Updated: Wed, Jun 11, 2014

    Florida-based NextEra Energy Inc., the nation's largest producer of renewable energy, has acquired the proposed Golden West wind farm in northeast El Paso County, with plans to begin construction next spring and start generating power by the end of 2015. The purchase is part of a...

  • Colorado Springs company survives challenges to become worth nearly $1B

    Updated: Wed, Jun 11, 2014

    A few years after he founded Spectranetics Corp. in 1984, the late Robert Golobic told an employee he was afraid that the company's medical laser was only "so-so" and would make it difficult for the fledging firm to attract investment. The employee, Kenny Grace, responded that the...

  • Colorado Springs investor changing plea in kickback case

    Updated: Tue, Jun 10, 2014

    Brian Headle, a Colorado Springs real estate investor indicted on seven counts of bank fraud and 11 counts of giving kickbacks to a bank officer in exchange for loans, is changing his not guilty plea as part of an agreement with federal prosecutors, according to a filing made Friday...

  • More Colorado teens finding jobs

    Updated: Mon, Jun 9, 2014

    The job market for Colorado’s teens is improving for the first time in several years, according to the latest numbers from the Colorado Department of Labor and Employment. Job seekers 16-19 years old have seen employment levels increase in the past year. In the 12 months from May...

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