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  • Watch what Fourth of July fireworks you light in Pikes Peak region

    Don't get burned by not knowing what you can and cannot celebrate with on the Fourth of July - keep this information in mind to stay safe and legal with fireworks this holiday weekend. In El Paso County, only certain fireworks are restricted, while fountain and ground spinner fireworks, smoke bombs and sparklers are permissible. Trick...

  • Let's make a deal: mega-mergers drive M&A frenzy

    NEW YORK (AP) — Deal makers from New York to London had a busy first half of the year, and mega-mergers drove the frenzy. Companies around the world announced mergers and acquisitions worth $2.3 trillion, according to figures from data provider Dealogic, the second-best half-year total on record and the highest amount since 2007, when $2.6...

  • US official: China, US working to end ivory trade

    BEIJING (AP) — The United States and China want to increase cooperation in fighting wildlife trafficking and are working to end commercial ivory trading, a U.S. Cabinet secretary said Friday. U.S. Interior Secretary Sally Jewell met in Beijing with Vice Premier Wang Yang and Forestry Administration head Zhao Shucong. She said both officials...

  • Insurer Aetna agrees to buy competitor Humana in deal valued at $37B

    HARTFORD, Conn. (AP) — Insurer Aetna agrees to buy competitor Humana in deal valued at $37B.

  • BP to pay record $18.7 billion to states affected by spill

    NEW ORLEANS (AP) — More than five years after the worst offshore oil spill in U.S. history, BP is preparing to pay a record $18.7 billion to affected states. The oil giant hopes the settlement announced Thursday will bring an end to a long-running legal drama. The company said the settlement would bring its full obligations to an estimated...

  • Company town? In Seattle, some fret over Amazon's growth

    SEATTLE (AP) — Seattle, notorious for boom-and-bust cycles stretching back to the 19th century Alaska gold rush, is booming once again. Thickets of yellow cranes have crowded the skyline, where new glass-sided office buildings, hotels and apartment towers blot out views of the mountains and the Space Needle. Food trucks dot the streets and...

  • MOVERS & SHAKERS

    Big Brothers Big Sisters of Colorado-Pikes Peak recently added Greg Antl of Wal-Mart, Mitch Mann of the Air Force Academy Athletic Corp. and Alex Sullivan of UMB Bank to its advisory board. Antl, Mann and Sullivan join Big Brothers Big Sisters as it prepares to celebrate Big Brothers Big Sisters Week from July 11-18.

  • Subsidiary of Colorado Springs medical manufacturer wins $20 million court judgment

    A subsidiary of Colorado Springs-based medical laser manufacturer Spectranetics Corp. has won a $20 million judgment against its co-founder - who developed a competing product while with the company, yet allegedly failed to make it available to the firm. In 2012, AngioScore Inc., acquired by Spectranetics last year, sued Eitan Konstantino, its...

  • China stocks plunge as market rout deepens

    HONG KONG (AP) — China's main stock benchmark plunged more than 5 percent Friday as government stabilizing measures failed to reassure panicky investors while other Asian indexes fell ahead of Greece's weekend austerity referendum. KEEPING SCORE: The Shanghai Composite Index in mainland China tumbled 6.1 percent to 3,676.12 and is down nearly...

  • Honeymoon is over for Greek couple who went penniless in NYC

    NEW YORK (AP) — Newlyweds Valasia Limnioti and Konstantinos Patronis' long-planned "dream trip" to the U.S. ended in New York City, where their three-week honeymoon quickly turned into a nightmare: Their Greek-issued credit and debit cards were suddenly declined and they were left penniless. "We were hungry, and I cried for two days," Limnioti...

  • Southwest says it has contract deal with flight attendants

    DALLAS (AP) — Southwest Airlines says it has a tentative contract agreement with the union representing its flight attendants. The airline said late Thursday that the contract would run through May 2019 and includes pay raises, possible bonuses and changes in work rules. The union said the deal would keep Southwest's flight attendants the...

  • Judge rejects ex-Goldman board member's bid for exoneration

    NEW YORK (AP) — An ex-Goldman Sachs and Procter & Gamble board member was told Thursday that he can't use a court's ruling in another case to nullify his insider-trading conviction. U.S. District Judge Jed Rakoff in Manhattan rejected Rajat Gupta's request that he be allowed to piggyback on a federal appeals court's ruling that wiped out the...

  • Ocean City retains title as New Jersey's most popular beach

    OCEAN CITY, N.J. (AP) — The winner and still champion of New Jersey's Top Ten Beaches contest is ... Ocean City! The southern New Jersey beach town that bills itself as "America's Greatest Family Resort" was named the state's most popular beach for the second straight year Thursday. It also won in 2009. Ocean City is known for its popular...

  • Ex-firefighter who responded on Sept. 11 wins $5M in lottery

    NEW YORK (AP) — A former firefighter who responded to the World Trade Center on Sept. 11, 2001, has won $5 million on a lottery scratch-off ticket. Carmelo Mercado was presented with an oversized check Thursday. The 63-year-old, who's retired, gets $3.3 million in a lump-sum payment after taxes are taken out. Mercado was among the members of...

  • 'Citizen of the year' gets 14 years in California fraud case

    LOS ANGELES (AP) — A former California real estate developer once honored as his city's citizen of the year was sentenced Thursday to the maximum 14 years in prison for bilking investors who poured millions of dollars into failed development projects. Federal Los Angeles Judge Otis Wright handed down a harsher sentence than the government had...

  • List: Fourth of July closings in the Colorado Springs area

    Closings Banks and credit unions: Most banks and credit unions closed Saturday. Some may be closed or have shortened hours Friday. Check with individual bank or credit union for hours. Buses (Metro Transit): Buses running on Sunday schedule Saturday. Government offices: City, county, state and federal offices closed Friday. Libraries:...

  • Business Highlights

    ___ US unemployment falls to 7-year low, but wages are flat WASHINGTON (AP) — U.S. unemployment fell to a seven-year low of 5.3 percent and employers hired at a solid pace in June, but other gauges of the job market drew a bleaker picture: A wave of people stopped looking for work, and paychecks failed to budge. The figures released Thursday...

  • Bourbon boom: Kentucky inventory reaches 40-year high

    LOUISVILLE, Ky. (AP) — Kentucky's bourbon boom is showing no signs of peaking as distilleries keep up a production pace unmatched for decades. The state's bourbon inventory reached a 40-year high last year, with nearly 5.7 million barrels aging in warehouses, the Kentucky Distillers' Association said Thursday. That's the highest inventory...

  • FDA clears drug for leading form of cystic fibrosis

    WASHINGTON (AP) — Federal health officials have approved a new combination drug for the most common form of cystic fibrosis, the debilitating inherited disease that causes internal mucus buildup, lung infections and early death. But it will come at a steep price — more than $250,000 for a year's treatment. The Food and Drug Administration...

  • Centene makes $6.3B bid for fellow insurer Health Net

    Centene has jumped into the mix of managed-care companies scrambling to bulk up as the health care overhaul changes their business with a $6.3-billion bid for fellow insurer Health Net. The deal announced Thursday gives St. Louis-based Centene a chance to expand in two hot growth areas for health insurers, the state- and federally-funded...

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