Business | Colorado Springs Gazette

FuseSport of Colorado Springs plans to grow workforce with infusion of $1 million

Business Updated: Thu, Apr 17, 2014

FuseSport, which moved its headquarters from Australia to Colorado Springs a year ago, has landed nearly $1 million from local investors, and plans ...

Innovate Colorado Springs sparks ideas to foster entrepreneurship

Business Updated: Thu, Apr 17, 2014

More than 900 people attended the 14 events staged by Innovate Colorado Springs this week in what officials are calling a successful start ...

AP Business Headlines view all

  • Health care site flagged in Heartbleed review

    WASHINGTON (AP) — People who have accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's vulnerability to the confounding Heartbleed Internet security flaw. Senior administration officials said there is no...

  • Springs-based Young Life expanding into Missouri

    Colorado Springs-based Young Life, a nondenominational Christian ministry, is planning a $21.5 million expansion on land it owns near Table Rock Lake in southwest Missouri, with a goal of offering gatherings beyond the traditional summer camps. Young Life representatives said Wednesday that the expansion, called Clearwater Cove, will include...

  • Providence, RI, sues firms over stock trades

    Providence, R.I., is suing dozens of Wall Street banks and other financial companies over high-frequency trading. The federal complaint was filed Friday in New York on behalf of city investment funds that traded stocks in the U.S. since April 18, 2009. It claims that stock exchanges, investment banks and others defrauded the city, which...

  • Plane spotted in Iran is registered to Utah bank

    SALT LAKE CITY (AP) — An airplane that mysteriously ended up in Iran is registered to a Utah bank under an arrangement for aviation ownership that has prompted two warnings from a government watchdog in the past year. The Bombardier CL-600 became the subject of international intrigue after the New York Times revealed its presence in Iran at...

  • US senator: Metro-North fined $552,000 past decade

    NEW HAVEN, Conn. (AP) — Metro-North, the nation's second-largest commuter railroad, has been fined $552,000 over the past decade for safety violations and defects, U.S. Sen. Richard Blumenthal said Friday. The Connecticut Democrat announced the fines for 139 violations since 2004 in his latest bid to draw attention to what he describes as a...

  • 5 features an Amazon phone might offer

    NEW YORK (AP) — A report this week in The Wall Street Journal that Amazon is planning to release a smartphone has prompted industry analysts and technology blogs to muse about what the device might offer. Amazon hasn't confirmed that it has plans for a smartphone. Introducing such a device would be tough in a crowded market dominated by...

  • Senate to debate rideshare regulations

    PHOENIX (AP) — Among the major issues left to cover at the Arizona Legislature before the session ends is how to regulate the increasingly popular ridesharing programs like Uber and Lyft. The contentious debate has pitted traditional taxi companies against the new tech startups that use mobile apps to connect drivers with customers looking...

  • Restitution ordered over dead, dying reptiles

    RIVERSIDE, Calif. (AP) — A Southern California exotic pet breeder who had 20,000 dead and dying rats and reptiles in a warehouse has avoided jail time but was ordered to pay more than $190,000 in restitution. Mitchell Steven Behm, 55, of Coto de Caza, also was sentenced to five years of probation and 200 hours of community service at a...

  • US puts off decision on Keystone XL pipeline

    WASHINGTON (AP) — The Obama administration is putting off its decision on the Keystone XL oil pipeline, likely until after the November elections, by extending its review of the controversial project indefinitely. In a surprise announcement Friday as Washington was winding down for Easter, the State Department said federal agencies will have...

  • Judge says American can't end retiree benefits yet

    DALLAS (AP) — A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees. American wants retirees who wish to keep their benefits to pay all the cost. Now the dispute could go to negotiations or a trial. On Friday, U.S. Bankruptcy Court Judge Sean Lane in New York rejected a request...

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