Serving Colorado Springs & the Pikes Peak region since 1872 | Wednesday, December 11, 2013
The Colorado Springs area job outlook for the first quarter of next year is the most pessimistic in two years, according to a quarterly survey by staffing giant ManpowerGroup. The percentage of employers planning to hire in the January-to-March quarter exceeds those planning cuts by 8...
Hip and trendy Swedish clothing retailer H&M will open its first outlet store in Colorado at noon Thursday at The Outlets at Castle Rock. With the 20,000-square-foot store, H&M will have eight locations in Colorado, including one at the Chapel Hills Mall. More than 400 people lined up in...
NEW YORK (AP) — Bernard Madoff's former right-hand man summed up his boss' arrest exactly five years ago with two words: "Madoff Implodes." The words in Frank DiPascali's diary entry for Dec. 11, 2008, were shown to jurors Wednesday on the fifth anniversary of Madoff's fall. The jurors are hearing evidence in the trial of five of Madoff's...
WASHINGTON (AP) — The Food and Drug Administration has approved the first generic versions of the blockbuster antidepressant Cymbalta, offering lower-cost access to one of the most widely prescribed treatments for depression, anxiety and other disorders. Cymbalta is Eli Lilly & Co. Inc.'s best-selling drug and posted 2012 sales of $4.7...
MINNEAPOLIS (AP) — The cost of flying is headed higher now that Congress has agreed on a budget deal. The proposed deal, expected to pass in the next several days, would more than double the $5 security fee on most round-trip tickets, to $11.20 per ticket. The higher fee begins on July 1. The old fee was $2.50 each way for a nonstop flight,...
WASHINGTON (AP) — A newly minted budget deal to avert future government shutdowns gained important ground Wednesday among House Republicans who are more accustomed to brinkmanship than compromise, even though it would nudge federal deficits higher three years in a row. There was grumbling from opposite ends of the political spectrum —...
WASHINGTON (AP) — With time running short, the nation's health care rolls still aren't filling up fast enough. New sign-up numbers Wednesday showed progress for President Barack Obama's health care law, but not enough to guarantee that Americans who want and need coverage by Jan. 1 will be able to get it. Crunch time is now, as people face a...
Crude oil and wholesale gasoline prices are lower after the U.S. reported a big increase in supplies. Oil for January delivery dropped $1.07 to close at $97.44 Wednesday. January gasoline fell 2 cents to $2.66 a gallon. The Energy Department reported that gasoline supplies rose 6.7 million barrels in the week ended Dec. 6, while distillate...
Amazon.com Inc.'s grocery delivery service is rolling into San Francisco. The online retailer said it is expanding its AmazonFresh service into its third city after testing it in Los Angeles and Seattle. The service provides same-day and early-morning delivery of more than 500,000 Amazon products including fresh groceries and local items....
NEW YORK (AP) — Harvey and Bob Weinstein have sued Warner Bros.' New Line Cinema claiming they're owned a share of the profits from the second and third "Hobbit" films. In a suit filed Wednesday in New York, the Weinsteins say their 1998 sale of the rights to J.R.R. Tolkien's "The Hobbit" and "The Lord of the Rings" trilogy to New Line...
WASHINGTON (AP) — The U.S. government ran a much smaller deficit through the first two months of the budget year than the same period last year, signaling further improvement in the nation's finances. The November deficit — the gap between what the government takes in and what it spends — totaled $135.2 billion, the Treasury Department...
WASHINGTON (AP) — Royal Bank of Scotland has agreed to pay $100 million to settle claims by U.S. and New York state regulators that it violated U.S. sanctions against Iran and other countries. The U.S. Treasury Department, the Federal Reserve and the office of New York Gov. Andrew Cuomo announced the settlement Wednesday with the bank, which...
