More Wayne Heilman Articles

Wayne Heilman

Business Reporter

  • Colorado Springs unemployment rate drops, but not for good reasons

    Updated: 9 hr ago

    The news on the Colorado Springs unemployment rate for August was good, but the reasons were quite a different story. The area's unemployment rate fell sharply for a third consecutive month, to 6.2 percent, the lowest rate in nearly six years, matching October 2008, according to data...

  • Susan Saksa to step down as head of Leadership Pikes Peak

    Updated: 21 hr ago

    Susan Saksa will leave 
Oct. 10 after nearly a decade heading Leadership Pikes Peak, which has more than doubled in size since she became its executive director. Saksa, 59, will be replaced on an interim basis by Sue Ross, who served on the nonprofit's Board of Trustees for six...

  • Deposits slow in Colorado Springs financial institutions as job growth lags

    Updated: Tue, Sep 30, 2014

    Deposits in Colorado Springs-area financial institutions at midyear grew at the slowest rate in three years and at half the rate of the nation, according to reports from federal regulators. Area deposit growth has slowed during each of the past two years after surging to a 14-year...

  • Commissioner incumbents face opponents in Districts 1, 5

    Updated: Mon, Sep 29, 2014

    Jariah Walker is trying to defy the odds and voter registration numbers to become the first Democrat to be elected an El Paso County commissioner in 40 years. Walker has raised nearly $15,000 plus another nearly $17,000 of in-kind help, or about $5,000 less in cash than Commissioner...

  • Contracts old and new fuel Colorado Springs' newest public company

    Published: Tue, Sep 30, 2014

    Vectrus Inc., newly spun off from Exelis Inc., has a strong foundation as it enters its first week as an independent company. A company official said that Vectrus recently won nearly $1 billion in contracts from the Army Corps of Engineers and Air Force as it works to broaden its...

  • Booming Colorado Springs software company looks for space to grow even more

    Updated: Fri, Sep 26, 2014

    With dreams of becoming a force as prominent as Google or Microsoft, Colorado Springs-based Cherwell Software is seeking a location for a campus that could accommodate 1,000 or more employees to handle its rapid growth. Cherwell CEO Vance Brown said Friday that the company has been...

  • Exelis spinoff in Colorado Springs becomes final on Saturday

    Updated: Fri, Sep 26, 2014

    On Saturday, Exelis will complete the spinoff of its Colorado Springs-based Mission Systems division into a separate public company, Vectrus. Virginia-based Exelis will distribute a share of Vectrus stock for each 18 shares held by its stockholders as of Sept. 18, 
which will result...

  • Life's a pitch: Weekly entrepreneurial event debuts in Colorado Springs

    Updated: Thu, Sep 25, 2014

    Entrepreneurs Julian Flores of GetOutfitted and Lexi Raney and Leslie Robertson of Blackberry Maverick used the 1 Million Cups business plan pitch event Wednesday to rehearse for the day when the stakes will be a lot higher. The three pitched their startups to about 80 other...

  • Union apparently giving up its Union Printers Home in Colorado Springs

    Updated: Tue, Sep 23, 2014

    The Union Printers Home, a nursing home and assisted living facility that has been a Colorado Springs landmark since 1892, is reportedly being sold by one of the nation's largest labor unions, marking the first time in 122 years that the facility has not been owned by the...

  • Honeymoon-planning business idea nabs Startup Weekend prize

    Updated: Tue, Sep 23, 2014

    Out of the frustration of planning for his upcoming honeymoon, Ross Hill started a Colorado Springs-based company to develop an online portal to help couples plan and book their honeymoons. It captured the hearts of judges at Colorado Springs' third Startup Weekend. On Sunday, they...

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