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Business | Colorado Springs Gazette, News

News: Local News

Higher Comcast fees would be passed on to customers, city unsure where revenue would go

Fri, Jun 23, 2017 - 6:15 PM 0

A controversial ordinance will, if passed, net the city of Colorado Springs millions of dollars from cable providers in town, increasing costs to individual...

News: Local News

Colorado Springs restaurant chain closes three Denver locations

Fri, Jun 23, 2017 - 8:30 AM 0

Southern Concepts Restaurant Group Inc., which once planned up to 40 restaurants nationwide under the Southern Hospitality, Bourbon Brothers and Carve...

Top Local Business

Colorado Springs apartment complex sells for nearly $29 million
Colorado Springs apartment complex sells for nearly $29 million

By: Rich Laden - 0 4 hr ago

Colorado Springs' red-hot apartment market continues to attract out-of-town investors who are anteing up tens of millions of dollars for multi-family...

California AG bans state-funded travel to Texas, 3 other states
California AG bans state-funded travel to Texas, 3 other states

By: - 0 4 hr ago

SACRAMENTO, Calif. — California's attorney general blocked state-funded travel to Texas and three other states on Thursday in response to what he...

Syngenta loses $218M verdict in first GMO trial test
Syngenta loses $218M verdict in first GMO trial test

By: - 0 9 hr ago

Syngenta was ordered to pay $217.7 million to a group of Kansas farmers who claimed the company carelessly marketed its genetically modified corn seed,...

Big banks' great day in Washington

By: - 0 9 hr ago

WASHINGTON - Mark it a banner day in Washington for the big banks. On Thursday morning, an A-team of regulators lined up before the Senate Banking...

It's a nightmare for grocery stores, but it might make your groceries cheaper
It's a nightmare for grocery stores, but it might make your groceries cheaper

By: - 0 9 hr ago

It's a rough time to be a grocery store, with competition from new rivals squeezing margins on all sides. But it's a killer time to be a grocery...

JCPenney hiring 45 in Colorado Springs for back-to-school season
JCPenney hiring 45 in Colorado Springs for back-to-school season

By: Wayne Heilman - 0 10 hr ago

JCPenney said it is gearing up to hire 250 additional employees in Colorado, including about 45 for its two Colorado Springs stores, for the...

Colorado Springs Movers & Shakers: Vickie Drew and Chris Carter
Colorado Springs Movers & Shakers: Vickie Drew and Chris Carter

By: - 0 10 hr ago

Vickie Drew and Cris Carter have recently joined the board of directors of the Southern Colorado Women's Chamber of Commerce. Drew is senior vice...

Sears closes another 20 stores
Sears closes another 20 stores

By: - 0 13 hr ago

NEW YORK — Sears is closing another 20 stores as the ailing retailer tries to turn around its business. Real estate investment trust Seritage, which...

Salary survey: Colorado Springs employers expect to give biggest raises since 2008
Salary survey: Colorado Springs employers expect to give biggest raises since 2008

By: Wayne Heilman - 0 14 hr ago

Colorado Springs employers expect to give workers raises averaging 3.1 percent next year, just above the statewide average and the biggest raises since...

Colorado Springs Movers & Shakers: Tracy Hiester
Colorado Springs Movers & Shakers: Tracy Hiester

By: - 0 15 hr ago

Tracy Hiester has joined The Independence Center as a home health scheduler. She has experience as a certified nurse aide in home health, hospice and...

Senate GOP unveils 'Obamacare' overhaul, but not all aboard
Senate GOP unveils 'Obamacare' overhaul, but not all aboard

By: - 0 Thu, Jun 22, 2017

WASHINGTON — Senate Republicans would cut Medicaid, end penalties for people not buying insurance and erase a raft of tax increases as part of their...

Push to ease up on big banks is growing

By: - 0 Thu, Jun 22, 2017

The stars are aligning for a loosening of the reins on big banks. Republicans controlling both ends of Pennsylvania Avenue want to ratchet back the...

Long vacant Michelle's in downtown Colorado Springs has a new tenant
Long vacant Michelle's in downtown Colorado Springs has a new tenant

By: Rich Laden - 0 Thu, Jun 22, 2017

The long vacant Michelle Chocolatiers & Ice Cream storefront in the heart of downtown Colorado Springs finally is getting a new user, although it...

Colorado Springs-based Century Casinos acquires license for England casino

By: Wayne Heilman - 0 Wed, Jun 21, 2017

An Austrian unit of Colorado Springs-based Century Casinos Inc. has acquired Saw Close Casino Ltd., which holds a license to develop an operate a small...

Colorado Springs' loss is a gain for Phoenix
Colorado Springs' loss is a gain for Phoenix

By: Wayne Heilman - 0 Wed, Jun 21, 2017

Thomas Stephens & Associates Inc. will shut down its Colorado Springs research laboratory for cosmetics, skin care and dermatology products by the...

National Business Headlines

Company: 5th worker has died after Wisconsin mill explosion

By: 0 3 hr ago

CAMBRIA, Wis. (AP) — A Wisconsin company says a fifth worker has died after an explosion last month at its corn milling plant. Didion Milling...

Nevada's on-again, off-again marijuana sales back on
Nevada's on-again, off-again marijuana sales back on

By: 0 3 hr ago

RENO, Nev. (AP) — Nevada regulators reaffirmed their intentions Friday to issue licenses necessary for retailers to begin selling pot for recreational...

Court says Iowa lottery rigging investigation took too long
Court says Iowa lottery rigging investigation took too long

By: 0 3 hr ago

IOWA CITY, Iowa (AP) — The Iowa Supreme Court on Friday overturned the conviction of a lottery employee implicated in a nationwide cheating scandal,...

Lobbyist wounded in GOP baseball shooting leaves hospital

By: 0 4 hr ago

WASHINGTON (AP) — Another victim of the mass shooting that critically injured a congressman is out of the hospital. Matt Mika, a lobbyist for Tyson...

Trump admin OKs drone sale to India, manufacturer says
Trump admin OKs drone sale to India, manufacturer says

By: 0 4 hr ago

WASHINGTON (AP) — The Trump administration has authorized the sale of unarmed surveillance drones to India, the manufacturer said Friday, as the two...

The Latest: Nevada's Heller opposes GOP health bill
The Latest: Nevada's Heller opposes GOP health bill

By: 0 4 hr ago

WASHINGTON (AP) — The Latest on the Senate GOP health care bill (all times EDT): 8:45 p.m. Nevada Republican Sen. Dean Heller says he opposes the GOP...

The Latest: Tallest building west of Mississippi River open
The Latest: Tallest building west of Mississippi River open

By: 0 5 hr ago

LOS ANGELES (AP) — 5 p.m. The tallest building west of the Mississippi River has opened its doors in downtown Los Angeles. A ribbon-cutting was held...

Ivanka Trump ordered to testify in dispute with shoe company
Ivanka Trump ordered to testify in dispute with shoe company

By: 0 5 hr ago

NEW YORK (AP) — Ivanka Trump must testify in a dispute with an Italian shoemaker over one of her company's shoe designs, a judge said Friday. U.S....

Grand jury indicts man in killing of runner in Massachusetts

By: 0 6 hr ago

WORCESTER, Mass. (AP) — A man accused of killing a Google employee who went out for a run near her mother's Massachusetts home last summer has been...

5 GOP senators now oppose health bill _ enough to sink it
5 GOP senators now oppose health bill _ enough to sink it

By: 0 7 hr ago

WASHINGTON (AP) — Nevada Republican Dean Heller became the fifth GOP senator to declare his opposition to the party's banner legislation to scuttle...

Mountain Valley review finds limited environmental impacts

By: 0 7 hr ago

RICHMOND, Va. (AP) — A 303-mile pipeline that would carry fracked natural gas across West Virginia and Virginia would have "significant" impacts on...

Business Highlights

By: 0 7 hr ago

___ Five GOP senators now oppose health bill — enough to sink it WASHINGTON (AP) — Nevada Republican Dean Heller became the fifth GOP senator to...

Snyder makes case in Europe for Michigan aerospace sector

By: 0 7 hr ago

LANSING, Mich. (AP) — Gov. Rick Snyder said Friday that some companies based in Europe are considering expanding into Michigan or adding to existing...

US rig count rises this week by 8, to 941

By: 0 7 hr ago

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. rose by eight this week to 941. A year ago, just 421 rigs were active....

Sears closes another 20 stores
Sears closes another 20 stores

By: 0 8 hr ago

NEW YORK (AP) — Sears is closing another 20 stores as the ailing retailer tries to turn around its business. Real estate investment trust Seritage,...

Google to stop reading your Gmail to help sell ads
Google to stop reading your Gmail to help sell ads

By: 0 8 hr ago

SAN FRANCISCO (AP) — Google is going to stop reading your Gmail in search of opportunities to sell ads. The change announced Friday will end a...

US indexes inch higher as energy stocks claw from the hole
US indexes inch higher as energy stocks claw from the hole

By: 0 8 hr ago

NEW YORK (AP) — U.S. stock indexes nudged higher Friday after energy companies clawed back some of their sharp losses from earlier in the week. After...

Markets Right Now: US stock indexes end slightly higher

By: 0 9 hr ago

The latest on developments in financial markets (All times local): 4:00 p.m. Stocks ticked higher as energy companies clawed back some of their sharp...

Clarification: Science Says-Too Hot To Fly story

By: 0 9 hr ago

WASHINGTON (AP) — In a story June 20, The Associated Press reported that airplanes take off and stay aloft because of lift, the force from the movement...

Honda denies covering up dangers of Takata air bags
Honda denies covering up dangers of Takata air bags

By: 0 9 hr ago

DETROIT (AP) — Honda is going public in an effort to debunk claims by lawyers that it knew about the hazards of exploding Takata air bag inflators...

Snyder urges Michigan House to OK incentives for Foxconn
Snyder urges Michigan House to OK incentives for Foxconn

By: 0 10 hr ago

LANSING, Mich. (AP) — Gov. Rick Snyder urged the Republican-led Michigan House on Friday to pass economic development tax incentives when it meets in...

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Movers & Shakers

Colorado Springs Movers & Shakers: Mark Greiner
By: - Wed, Jun 21, 2017
Colorado Springs Movers & Shakers: Megan Dow
By: - Tue, Jun 20, 2017
Colorado Springs Movers & Shakers: Mary Swantek
By: - Mon, Jun 19, 2017

Business videos:

Bob Penkhus Automotive celebrates 60 years with the 60k Summer Giveaway

Fri, Jun 9, 2017 - 2:45 PM 0

Bob Penkhus Automotive in Colorado Springs is celebrating its 60 years of service to the community. The third-generation, family-owned...

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