Wayne Heilman

Business Reporter

  • Colorado Springs may have gained 6,000 jobs, thanks to revised report

    Updated: Thu, Feb 26, 2015

    A major revision in payroll growth for the Colorado Springs area next month is expected to show that 6,000 more jobs were added last year than previously reported. An earlier report by the U.S. Bureau of Labor Statistics said local payrolls grew by an average of 0.6 percent in 2014,...

  • Colorado Springs ski-clothing rental firm on a growth track

    Updated: Wed, Feb 25, 2015

    GetOutfitted, a Colorado Springs startup that rents winter sports clothing online, has gone from the bunny slope to double-black diamond in its second season, increasing sales tenfold from a year ago after expanding its staff and raising $250,000. Company officials declined to...

  • Penrose-St. Francis seeking Colorado Springs site for possible third major campus

    Updated: Tue, Feb 24, 2015

    Because it has no room to expand its main campus, Penrose-St. Francis Health Services is looking for locations to build a third major campus by the end of the decade to accommodate its growth over the next two decades. The 522-bed hospital system is considering three sites for the...

  • It's 'business as usual' at Cripple Creek mine, despite possibility of a sale

    Updated: Tue, Feb 24, 2015

    South African mining giant AngloGold Ashanti Ltd. may be looking to find a partner or sell Colorado's largest gold mine, near Cripple Creek, as part of a restructuring aimed at reducing debt amid falling gold prices, a company official said Monday. AngloGold is "shopping everything,...

  • Blue sky for banks: Lending rate in Colorado Springs best since 2007

    Updated: Sun, Feb 22, 2015

    The local banking industry has returned to financial health and is lending at the fastest rate since before the recession, according to the latest data from the Federal Deposit Insurance Corp. The combined loan portfolios of the eight banks based in the Colorado Springs area hit...

  • New lending program helps small businesses get loans

    Published: Sat, Feb 21, 2015

    Small Colorado businesses struggling to get off the ground have a big opportunity to get loans through a new Colorado Lending Source program. Peoples Bank has made $3 million available through the program, which makes small loans guaranteed by the U.S. Small Business Administration....

  • Harvard center honors Colorado app-development competition

    Published: Fri, Feb 20, 2015

    Harvard University's Kennedy School has recognized an app development competition organized through the Colorado Secretary of State's Office as a "bright idea." The Go Code Colorado competition, which begins April 8 and ends May 21, challenges entrepreneurs to develop applications to...

  • Occupancy rate at Colorado Springs hotels keeps climbing

    Published: Fri, Feb 20, 2015

    The Colorado Springs hotel occupancy rate in January rose from a year earlier to 45.4 percent, the second consecutive year-over-year increase and the eighth gain in the past nine months, according to the Rocky Mountain Lodging Report. The local occupancy rate was up from 43.4 percent...

  • Spectranetics' revenue hits record, tops analysts' forecasts

    Updated: Thu, Feb 19, 2015

    Spectranetics Corp. reported record revenue Thursday for the fourth quarter and all of last year, beating its own forecast and those by stock analysts. The company also told stockholders that sales will continue to surge this year as it integrates two recent acquisitions. The...

  • Teller County economy has bounced back, forum speakers say

    Updated: Wed, Feb 18, 2015

    The Teller County housing market has mostly recovered from the recession and will continue to improve slowly this year, according to a panel of real estate agents and bankers at an economic forum hosted Wednesday by the Teller County Assessor's Office. Skip Howes, president of Scott...