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Business | Colorado Springs Gazette, News

News: Local News

Colorado Springs defense contractor to be acquired by California-based company

Mon, May 21, 2018 - 11:47 AM 0

Colorado Springs-based defense contractor Polaris Alpha will be acquired May 31 by California-based engineering and construction giant Parsons in a deal...

Business

Ride sharing giants quickly seize major share of Colorado Springs market

Mon, May 21, 2018 - 8:38 AM 0

Ride sharing giants Uber and Lyft captured a major share of passengers in their first year serving the Colorado Springs Airport in 2017, airport data show....

Top Local Business

Starbucks: You don’t have to buy coffee to sit in our cafes or use our restrooms
Starbucks: You don’t have to buy coffee to sit in our cafes or use our restrooms

By: - 0 19 hr ago

Starbucks is now allowing people to use its restrooms and sit in its cafes and patios even if they do not buy anything. The coffee giant on...

Treasury Secretary Steven Mnuchin says US and China putting trade war on hold
Treasury Secretary Steven Mnuchin says US and China putting trade war on hold

By: - 0 Yesterday

WASHINGTON — Treasury Secretary Steven Mnuchin said Sunday that the United States and China are stepping back from a possible trade war after two days...

It's Your Money: Investing in a volatile market
It's Your Money: Investing in a volatile market

By: - 0 Sat, May 19, 2018

When investing in the stock market, remember that markets will fluctuate and there will be years with negative returns. Keep a long-term perspective...

Money & the Law: Information available on health care costs
Money & the Law: Information available on health care costs

By: - 0 Sat, May 19, 2018

Mark Twain was fond of saying: "Everybody talks about the weather, but nobody does anything about it." The same can be said for health care cost...

Flowerama closes after more than 20 years at corner of Platte Avenue and Circle Drive
Flowerama closes after more than 20 years at corner of Platte Avenue and Circle Drive

By: Rich Laden - 0 Sat, May 19, 2018

Two popular businesses that have operated for more than 20 years southeast of Platte Avenue and Circle Drive are leaving as Rhode Island-based pharmacy...

Colorado Springs area business events starting May 20

By: Carlotta Olson - 0 Sat, May 19, 2018

Seminars, networking opportunities and other business-related events in and around Colorado Springs.

Dollar Tree coming to former Rite Aid building at Platte and Circle in Colorado Springs
Dollar Tree coming to former Rite Aid building at Platte and Circle in Colorado Springs

By: Rich Laden - 0 Fri, May 18, 2018

Dollar Tree stores seem to grow on trees; the "everything's $1" retailer has 16 locations in Colorado Springs and around the Pikes Peak region, the...

Colorado jobless rate falls to 2.9 percent

By: - 0 Fri, May 18, 2018

Colorado's unemployment fell in April to 2.9 percent after spending the previous seven months at 3 percent, the U.S. Bureau of Labor Statistics...

Progress for Colorado businesses in a house divided
Progress for Colorado businesses in a house divided

By: Dan Njegomir - 0 Fri, May 18, 2018

They say a house divided cannot stand, yet a divided Legislature seemed to serve Colorado's business community just fine by the time the gavel came...

Fourth consecutive rise in Colorado Springs sales tax revenue a sign of surging economy
Fourth consecutive rise in Colorado Springs sales tax revenue a sign of surging economy

By: Wayne Heilman - 0 Thu, May 17, 2018

Colorado Springs consumers continued to spend in March at a steady pace, according to the latest sales tax numbers from the city of Colorado Springs....

Colorado energy jobs led by natural gas and energy efficiency sectors
Colorado energy jobs led by natural gas and energy efficiency sectors

By: - 0 Thu, May 17, 2018

Energy employment in Colorado grew by 11 percent in 2017 to a total of nearly 91,000 jobs - led by the natural gas and energy-efficiency sectors,...

Suburban Seattle restaurant chain bringing its burgers and beers to Colorado Springs
Suburban Seattle restaurant chain bringing its burgers and beers to Colorado Springs

By: Rich Laden - 0 Thu, May 17, 2018

A Washington state restaurant chain with nearly 20 Pacific Northwest locations is expanding to Colorado Springs. Hop Jacks, based in suburban...

More than 40 workers laid off at Penrose-St. Francis Health Services
More than 40 workers laid off at Penrose-St. Francis Health Services

By: Jakob Rodgers - 0 Thu, May 17, 2018

Penrose-St. Francis Health Services laid off 42 employees this week, a hospital spokesman confirmed Tuesday. The hospital system's layoffs included...

Colorado regulators sanction Woodbridge in securities case

By: Wayne Heilman - 0 Wed, May 16, 2018

Colorado Securities Commissioner Gerald Rome has ordered the Woodbridge Funds to halt all violations of Colorado securities laws, including using...

Colorado Springs Movers & Shakers: Richard Murphy and Lawrence Gorab
Colorado Springs Movers & Shakers: Richard Murphy and Lawrence Gorab

By: - 0 Wed, May 16, 2018

Richard Murphy, left, and Lawrence Gorab have been promoted by Wells Fargo Advisors to senior vice president-investment officer and first vice...

National Business Headlines

Markets Right Now: Easing trade tensions send stocks higher
Markets Right Now: Easing trade tensions send stocks higher

By: 0 4 hr ago

NEW YORK (AP) — The latest on developments in financial markets (all times local): 11:45 a.m. Stocks are solidly higher after the U.S. and China...

Correction: Earns-Ducommun story

By: 0 4 hr ago

SANTA ANA, Calif. (AP) — In a story May 10 about Ducommun Inc.'s earnings — generated by Automated Insights using data from Zacks Investment Research —...

US Postal Service issuing scratch-and-sniff stamps
US Postal Service issuing scratch-and-sniff stamps

By: 0 4 hr ago

WASHINGTON (AP) — Letter writers will soon be able to express their sentiments in words and smells. The U.S. Postal Service announced Monday that it...

Stocks jump as US and China announce progress in trade talks
Stocks jump as US and China announce progress in trade talks

By: 0 4 hr ago

NEW YORK (AP) — Stocks are solidly higher Monday after the U.S. and China appeared to make major progress in trade talks. The Chinese government says...

General Electric continues transformation; $11B rail deal
General Electric continues transformation; $11B rail deal

By: 0 4 hr ago

NEW YORK (AP) — General Electric will tie its train engine division to the railroad equipment maker Wabtec in deal worth about $11 billion as GE CEO...

Divided Supreme Court rules for businesses over workers
Divided Supreme Court rules for businesses over workers

By: 0 4 hr ago

WASHINGTON (AP) — The Supreme Court says employers can prohibit their workers from banding together to dispute their pay and conditions in the...

Don't get taken for a ride this summer at the theme park
Don't get taken for a ride this summer at the theme park

By: 0 4 hr ago

The best way to save money at theme parks this summer is simple. Don't go. Peak season means peak pricing. Admission discounts can be hard to find,...

Nielsen says 29 million people watched wedding in US
Nielsen says 29 million people watched wedding in US

By: 0 4 hr ago

NEW YORK (AP) — Perhaps getting married to a U.S. television star helps in the royal wedding ratings. The Nielsen company says 29.2 million people in...

Frontier flight makes emergency landing in Albuquerque

By: 0 5 hr ago

ALBUQUERQUE, N.M. (AP) — A Frontier Airlines flight from Tulsa, Oklahoma, to San Diego was forced to make an emergency landing in New Mexico after...

Sentence next for Detroit-area body parts broker
Sentence next for Detroit-area body parts broker

By: 0 5 hr ago

DETROIT (AP) — Prosecutors are seeking a 14-year prison sentence for a Detroit-area man convicted of dealing diseased body parts for medical training....

Kilauea eruption: A reminder to businesses about insurance
Kilauea eruption: A reminder to businesses about insurance

By: 0 6 hr ago

The eruption of Mount Kilauea in Hawaii is a reminder to business owners, even those nowhere near any of the 169 volcanoes in the U.S., that they could...

Blankenship to seek US Senate seat as 3rd-party candidate

By: 0 6 hr ago

CHARLESTON, W.Va. (AP) — Despite losing the Republican primary, convicted ex-coal executive Don Blankenship says he'll continue his bid for U.S. Senate...

Dispute on eye drop size fails to catch Supreme Court's eye

By: 0 6 hr ago

WASHINGTON (AP) — A dispute about the size of eye drops has failed to catch the eye of the Supreme Court. Drug companies including Allergan, Bausch &...

Los Angeles for tourists: Hollywood, beaches _ and pot?
Los Angeles for tourists: Hollywood, beaches _ and pot?

By: 0 6 hr ago

WEST HOLLYWOOD, Calif. (AP) — Recreational marijuana sales became legal in California this year, and the industry is targeting tourists as well as...

Pompeo says if Iran makes 'major changes,' US willing to lift all sanctions, restore full diplomatic and commercial ties

By: 0 6 hr ago

WASHINGTON (AP) — Pompeo says if Iran makes 'major changes,' US willing to lift all sanctions, restore full diplomatic and commercial ties.

Pompeo calls for treaty with Iran ratified by Congress that ends enrichment, gives inspectors access anywhere in country

By: 0 6 hr ago

WASHINGTON (AP) — Pompeo calls for treaty with Iran ratified by Congress that ends enrichment, gives inspectors access anywhere in country.

China says it can't guarantee no more trade tension with US
China says it can't guarantee no more trade tension with US

By: 0 8 hr ago

BEIJING (AP) — China's government said Monday it cannot guarantee that renewed trade tension with Washington can be avoided after U.S. Treasury...

NASA shipper Orbital ATK launches space station supplies
NASA shipper Orbital ATK launches space station supplies

By: 0 9 hr ago

CAPE CANAVERAL, Fla. (AP) — One of NASA's prime shippers, Orbital ATK, launched a fresh load of supplies to the International Space Station from...

Fifth Third spends $4.7 billion for Chicago's MB Financial

By: 0 9 hr ago

NEW YORK (AP) — Fifth Third Bancorp is buying Chicago's MB Financial for about $4.7 billion, mostly in stock. MB Financial Inc., the parent company of...

This Week: Fed minutes, home sales, durable goods orders
This Week: Fed minutes, home sales, durable goods orders

By: 0 15 hr ago

A look at some of the key business events and economic indicators upcoming this week: READING BETWEEN THE LINES The Federal Reserve releases minutes...

NYPD probing sex allegations against Mario Batali
NYPD probing sex allegations against Mario Batali

By: 0 17 hr ago

NEW YORK (AP) — The New York Police Department is investigating allegations of sexual misconduct leveled against celebrity chef Mario Batali. The NYPD...

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Movers & Shakers

Colorado Springs Movers & Shakers: Abigail Beckman
By: - Tue, May 15, 2018
Movers & Shakers: Andrea Tankersley
By: - Mon, May 14, 2018
Colorado Springs Movers & Shakers: D.A. Davidson
By: - Fri, May 11, 2018

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