Business | Colorado Springs Gazette
ECONOMIC INDICATORS
Athena Award goes to Colorado Springs City Councilwoman Jan Martin
City Councilwoman Jan Martin has followed women who have been role models for her in politics and in the community, and she takes pride in ...
New Manitou Springs spa gets blessing with sacred pipe ceremony
One by one, about two dozen people on Wednesday morning passed five colorful sacred pipes around a small room on the ...
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Northwestern players to cast historic union vote
EVANSTON, Ill. (AP) — Northwestern University's football players will cast ballots Friday on whether to form the nation's first union for college athletes — a potentially landmark vote that will be kept sealed for months and possibly years. The National Labor Relations Board said Thursday it will hear an appeal by Northwestern challenging...
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Keystone XL pipeline part of larger Senate fight
FRANKFORT, Ky. (AP) — Alison Lundergan Grimes is the latest Democratic Senate candidate to call for building the Keystone XL oil pipeline, but the Kentucky secretary of state's move doesn't seem to have cost her support among environmental groups who want to unseat Senate Republican Leader Mitch McConnell. It's evidence that campaign...
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Gas supplies interrupted by Wyoming plant blast
CHEYENNE, Wyo. (AP) — It remains to be seen just how much of a lasting natural gas-price spike people in the West will feel after a dramatic explosion and fire at a major gas processing plant in western Wyoming. Luck will insulate consumers from a price spike at least somewhat: The explosion happened at a time of year of weak gas demand....
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Amazon 1st quarter net income jumps
NEW YORK (AP) — Amazon's first-quarter profit rose 18 percent as shoppers continued to flock to the online mega retailer to buy goods. Still, the company forecasts an operating loss for the second quarter as it continues to invest heavily both internationally and at home. Amazon has long focused on spending the money it makes to grow its...
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Nevada rancher Cliven Bundy defends race remarks
LAS VEGAS (AP) — A Nevada rancher at the center of a feud over cattle grazing on public land is defending himself from sharp criticism over comments he made about slavery. Cliven Bundy had told reporters near his ranch 80 miles from Las Vegas that he wonders whether black people are better off now or when they were slaves in the South. On...
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FDA backs off animal feed rule affecting brewers
MILWAUKEE (AP) — The U.S. Food and Drug Administration said Thursday it will revise proposed livestock feed rules after hearing objections about the potential cost from brewers who sell grain leftover from making beer to ranchers and dairy farmers. Beer makers big and small feared they would have to pay for grain testing, equipment, audits...
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Google, Apple settle high-tech workers' lawsuit
SAN FRANCISCO (AP) — Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job offers from one another. The agreement announced Thursday averts a Silicon Valley trial that threatened to expose the tactics...
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Starbucks eyes US expansion as sales climb
NEW YORK (AP) — Starbucks keeps finding ways to squeeze more money out of people. The Seattle-based chain reported a stronger quarterly profit Thursday as global sales at established locations rose 6 percent, including in its flagship U.S. market. Operating margin improved as a result of lower costs for ingredients, and the company raised...
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Major oil and gas firm to list fracking chemicals
PITTSBURGH (AP) — A major supplier to the oil and gas industry says it will begin disclosing 100 percent of the chemicals used in hydraulic fracturing fluid, with no exemptions for trade secrets. The move by Baker Hughes of Houston is a major shift; it's unclear if other firms will follow suit. Environmental and health groups have criticized...
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Convicted KPMG inside trader sentenced to prison
LOS ANGELES (AP) — A former partner at the accounting firm KPMG has been sentenced to 14 months in federal prison for insider trading. Scott London, of Agoura Hills, was sentenced Thursday in Los Angeles. He'll also have to pay a $100,000 fine. London oversaw some 500 KPMG employees and handled audits for major clients such as Herbalife...
