Business | Colorado Springs Gazette
Q&A with Jay Brooks: Colorado Springs-based Simian taking off
Simian, a nearly 10-year-old, Colorado Springs-based developer of web-based media management software, is gaining traction in the advertising and entertainment industries and beyond. Started by Jay Brooks and Brian Atton as a web-focused marketing and branding agency in 2004, the company...
Cripple Creek looks to return of gamblers, tourists
Someone screamed. Red lights flashed. And a crowd gathered around the man celebrating in front of the Wildwood Casino slot machines that chimed victory. At 10:30 p.m. that Saturday, the man won a black $45,000 Audi A4 after dropping about five coins into the slot machine. Nearly 10 hours...
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Alaska unveils plan to assess gas, oil in ANWR
JUNEAU, Alaska (AP) — The state of Alaska on Monday proposed a multiyear, multimillion-dollar plan aimed at determining the true oil and gas potential in the Arctic National Wildlife Refuge. State officials hope the plan will reinvigorate — and reshape — the debate over whether to drill on the refuge's coastal plain. The plan was...
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Idaho couple and Sun Valley land in Twitter tussle
BOISE, Idaho (AP) — An Internet entrepreneur and former Wall Street derivatives analyst contends central Idaho's Sun Valley resort and the Twitter Inc. social media site heisted his handle. Leonard Barshack, who in the 1990s founded the Internet email listing service Bigfoot, is suing Twitter and the Sun Valley Co., demanding they return the...
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Warren Buffett gives young entrepreneurs 10 shares
OMAHA, Neb. (AP) — Meeting Warren Buffett is exciting, but 10-year-old Matthew Meyer says winning $5,000 and 10 shares of stock in Buffett's company made Monday the best day of his life. Matthew says winning the grand prize in a contest tied to "The Secret Millionaire's Club" cartoon makes him "rich-ish." The Cincinnati boy won the...
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High crop prices entice farms to expand planting
BIGGSVILLE, Ill. (AP) — Clark Kelly plans to spend a lot of time on the links this spring. The Illinois farmer is plowing the Hend-Co-Hills Golf Course near tiny Biggsville into a cornfield. He's not the only one turning over soil in unlikely places. Across the Midwest, farmers are planting crops on almost any scrap of available land to take...
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Yahoo-Tumblr is among top 10 tech deals in 2013
Yahoo has agreed to pay $1.1 billion to buy blogging forum Tumblr, ranking it in among the top 10 tech deals announced this year, according to research firm Dealogic. Here's a list of the top 10 tech mergers and acquisitions in 2013. Valuation is based on Dealogic's criteria and includes debt. 1. Dell Inc., to Silver Lake Management LLC...
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Figures on government spending and debt
WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Note: The statutory debt limit is temporarily suspended until May 19, 2013.
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Gold breaks a losing streak; other metals rise
The price of gold is rising for the first time in nearly two weeks, breaking a long losing streak. Gold for June delivery rose $19.40 to settle at $1,384.10 an ounce Monday, an increase of 1.4 percent. It was the first gain since May 8. The price of gold has been falling since last autumn. Its appeal as an alternative investment faded as the...
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Study: Most shipwrecks a minor US pollution threat
WASHINGTON (AP) — A new government report details 87 shipwrecks — most sunk during World War II decades ago — that could pollute U.S. waters with tens of millions of gallons of oil. Even so, the potential for pollution is less than scientists had expected. The report released Monday by the National Oceanic and Atmospheric Administration...
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Grain futures mixed, livestock prices rise
CHICAGO (AP) — Grains futures were mixed Monday on the Chicago Board of Trade. Wheat for July delivery rose 2 cents to $6.8525 a bushel; July corn fell 3.25 cents to $6.495 a bushel; July oats fell 12.25 cents to $3.6325 a bushel; while July soybeans jumped 16 cents to $14.645 a bushel. Beef and pork prices rose on the Chicago Mercantile...
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Small company stocks take the limelight
NEW YORK (AP) — Small companies are taking the limelight on a choppy start to the week. The Russell 2000, an index of small-company stocks, rose above 1,000 for the first time Monday. The index is outpacing the Dow Jones industrial average and the Standard & Poor's 500 index this year. Small stocks are doing well partly because they are...
