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JCPenney closing up to 140 stores, affecting thousands of jobs

Fri, Feb 24, 2017 - 7:26 PM 0

NEW YORK — J.C. Penney is joining its department store rivals in pruning its store numbers in an era of online shopping. Penney said Friday that it will...

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Lockheed Martin to move 650 positions to Colorado, Florida

Sat, Feb 25, 2017 - 11:01 AM 0

Lockheed Martin will move 650 jobs to Colorado and Florida over the next eight years as part of the relocation of its fleet ballistic missile program....

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Claims for jobless benefits point to firm job market
Claims for jobless benefits point to firm job market

By: - 0 Thu, Feb 23, 2017

The number of Americans filing for unemployment benefits increased last week, while staying within a range that shows subdued firings. Jobless claims...

Another wave of lawsuits claiming disability violations by small businesses, this time in Colorado Springs
Another wave of lawsuits claiming disability violations by small businesses, this time in Colorado Springs

By: - 0 Thu, Feb 23, 2017

A 31-year-old father of two has turned small businesses in a small spot of eastern Colorado Springs into ground-zero for the latest swarm of federal...

Colorado Springs medical device manufactuer boosts sales, cuts losses
Colorado Springs medical device manufactuer boosts sales, cuts losses

By: Wayne Heilman - 0 Thu, Feb 23, 2017

Colorado Springs-based medical device manufacturer Spectranetics Corp. Thursday boosted sales last year by 10 percent to a record $270.8 million, cut...

Steven Mnuchin's zeal for Fannie-Freddie overhaul tested by ruling
Steven Mnuchin's zeal for Fannie-Freddie overhaul tested by ruling

By: - 0 Thu, Feb 23, 2017

Treasury Secretary Steven Mnuchin's seriousness about overhauling the nation's $10 trillion mortgage market will soon be tested. A federal appeals...

Trump summons CEOs for advice on taxes, regulations, infrastructure
Trump summons CEOs for advice on taxes, regulations, infrastructure

By: - 0 Thu, Feb 23, 2017

WASHINGTON - President Donald Trump called two dozen prominent corporate executives to the White House on Thursday to advise the administration on...

Slow tax refunds blamed for taking bite out of restaurant sales
Slow tax refunds blamed for taking bite out of restaurant sales

By: - 0 Thu, Feb 23, 2017

While death and taxes may be a certainty, how quickly Americans are getting their refunds remains up in the air - and that's taking a toll on...

ECB warns of a Europe of `small countries' if populism triumphs
ECB warns of a Europe of `small countries' if populism triumphs

By: - 0 Thu, Feb 23, 2017

European Central Bank officials pushed back against a key populist promise, saying European countries risk becoming irrelevant on the global stage if...

A new name and new life for stalled Colorado Crossing project on Colorado Springs' north side
A new name and new life for stalled Colorado Crossing project on Colorado Springs' north side

By: Rich Laden - 0 Thu, Feb 23, 2017

The new owners of Colorado Crossing, the stalled mixed-use development in northern Colorado Springs, have renamed it "Victory Ridge" and hope a sports...

Forbes names Broadmoor hotel in Colorado Springs as five-star winner in annual ratings
Forbes names Broadmoor hotel in Colorado Springs as five-star winner in annual ratings

By: Rich Laden - 0 Thu, Feb 23, 2017

It was a clean sweep for The Broadmoor hotel in the Forbes Travel Guide ratings for 2017. Forbes named the internationally known resort in southwest...

Colorado Springs/El Paso County wages grow at fastest rate in more than 10 years
Colorado Springs/El Paso County wages grow at fastest rate in more than 10 years

By: Wayne Heilman - 0 Wed, Feb 22, 2017

Wages earned by workers in El Paso County grew in the third quarter of 2016 at the fastest rate in more than 10 years, according to data released...

McDonald's to cut prices on drinks as fast-food industry slumps
McDonald's to cut prices on drinks as fast-food industry slumps

By: - 0 Wed, Feb 22, 2017

McDonald's Corp., reeling from an industrywide restaurant slump and slowing growth from its all-day breakfast push, is looking to beverages to help...

Fed officials discussed raising interest rates soon at January meeting

By: - 0 Wed, Feb 22, 2017

WASHINGTON - The Federal Reserve said the economy's continued growth might persuade it to raise its benchmark interest rate soon, potentially at an...

Prudential says it may press Wells Fargo on fake-account costs
Prudential says it may press Wells Fargo on fake-account costs

By: - 0 Wed, Feb 22, 2017

Prudential Financial Inc., the insurer that's facing regulatory scrutiny and lawsuits over its sales relationship with Wells Fargo & Co., may push...

Colorado Springs Movers & Shakers: Elliot Bannister
Colorado Springs Movers & Shakers: Elliot Bannister

By: - 0 Tue, Feb 21, 2017

Coldwell Banker Residential Brokerage has announced that Elliot Bannister has affiliated with the company as a broker associate in its Colorado Springs...

Vail Resorts to buy Vermont's Stowe Mountain ski resort
Vail Resorts to buy Vermont's Stowe Mountain ski resort

By: - 0 Tue, Feb 21, 2017

MONTPELIER, Vt. — Colorado-based Vail Resorts will pay $50 million to acquire Stowe Mountain Resort, one of Vermont's most venerable ski resorts, the...

National Business Headlines

How major US stock market indexes fared on Friday

By: 0 Fri, Feb 24, 2017

A late push helped U.S. stocks finish higher Friday after a mostly down day. There was far more selling than buying on Wall Street, but the Dow Jones...

New Jersey OKs gas pipeline through protected Pinelands
New Jersey OKs gas pipeline through protected Pinelands

By: 0 Fri, Feb 24, 2017

CHERRY HILL, N.J. (AP) — New Jersey environmental regulators on Friday approved a hotly contested plan to run a natural gas pipeline through a...

Doubts grow over stock market's Trump-inspired surge
Doubts grow over stock market's Trump-inspired surge

By: 0 Fri, Feb 24, 2017

NEW YORK (AP) — How much more can the "Trump Bump" lift the stock market? U.S. stocks have screamed to records since Election Day because investors...

GOP governors outline health care plan, Medicaid changes
GOP governors outline health care plan, Medicaid changes

By: 0 Fri, Feb 24, 2017

DES MOINES, Iowa (AP) — Republican governors from seven states are calling for dramatic changes to Medicaid, which provides insurance to more than 70...

US rig count increases 3 this week to 754; Texas up 8

By: 0 Fri, Feb 24, 2017

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by three this week to 754. A year ago, 502 rigs were active....

Pipeline protest camp cleared, but area far from normal
Pipeline protest camp cleared, but area far from normal

By: 0 Fri, Feb 24, 2017

CANNON BALL, N.D. (AP) — Authorities this week cleared the last holdouts from a large Dakota Access pipeline protest camp on federal land in North...

Correction: Trump-Manufacturing story

By: 0 Fri, Feb 24, 2017

WASHINGTON (AP) — In a story Feb. 23 about a meeting that President Donald Trump held with two dozen manufacturing executives, The Associated Press...

Recalls this week: Toddler swings, toys, chain saws

By: 0 Fri, Feb 24, 2017

More than 500,000 toddler swings are being recalled because the seat can crack or break. Other recalled consumer products include toys with potentially...

The Latest: Protest camp cleared, but area far from normal
The Latest: Protest camp cleared, but area far from normal

By: 0 Fri, Feb 24, 2017

CANNON BALL, N.D. (AP) — The Latest on the Dakota Access oil pipeline. (all times local): 12:15 p.m. Authorities this week cleared the last holdouts...

Montana landowners say government botched arsenic cleanup
Montana landowners say government botched arsenic cleanup

By: 0 Fri, Feb 24, 2017

OPPORTUNITY, Mont. (AP) — George Niland wonders whether he should wear a respirator when he mows his lawn. Serge Myers laments not being able to garden...

Nevada plans July pot sales despite warning of US crackdown
Nevada plans July pot sales despite warning of US crackdown

By: 0 Fri, Feb 24, 2017

CARSON CITY, Nev. (AP) — Nevada still plans to launch recreational marijuana sales in July despite warnings this week of a federal crackdown by the...

Sharp vision: New glasses help the legally blind see
Sharp vision: New glasses help the legally blind see

By: 0 Fri, Feb 24, 2017

SAN FRANCISCO (AP) — Jeff Regan was born with underdeveloped optic nerves and had spent most of his life in a blur. Then four years ago, he donned an...

3 people critically injured in Oklahoma gas well explosion

By: 0 Fri, Feb 24, 2017

WAGONER, Okla. (AP) — Authorities say four people were injured when a private natural gas well exploded in eastern Oklahoma. Wagoner County Emergency...

Explosives demolish Cleveland power plant in middle of night

By: 0 Fri, Feb 24, 2017

CLEVELAND (AP) — A century-old power plant along Lake Erie in Cleveland has been demolished with 200 pounds of explosives that brought it crashing down...

Graduate students vote to unionize at Yale University

By: 0 Fri, Feb 24, 2017

NEW HAVEN, Conn. (AP) — Graduate students from a half-dozen departments at Yale University have voted to form unions, setting up negotiations for...

J.C. Penney to shut 130-plus stores, offer early retirements
J.C. Penney to shut 130-plus stores, offer early retirements

By: 0 Fri, Feb 24, 2017

NEW YORK (AP) — J.C. Penney is joining its department store rivals in pruning its store numbers in an era of online shopping. Penney said Friday that...

The Latest: Hotly contested Pinelands pipeline approved
The Latest: Hotly contested Pinelands pipeline approved

By: 0 Fri, Feb 24, 2017

CHERRY HILL, N.J. (AP) — The Latest on vote to permit natural gas pipeline in New Jersey's federally protected Pinelands (all times local): 11:15 a.m....

US new-home sales rise in sign of housing market health

By: 0 Fri, Feb 24, 2017

WASHINGTON (AP) — Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite...

Sales of new US homes rose 3.7 percent in January in sign of housing market health

By: 0 Fri, Feb 24, 2017

WASHINGTON (AP) — Sales of new US homes rose 3.7 percent in January in sign of housing market health.

Markets Right Now: Stocks open lower on Wall Street

By: 0 Fri, Feb 24, 2017

NEW YORK (AP) — The latest on developments in financial markets (All times local): 9:35 a.m. Stocks are opening lower on Wall Street, led by declines...

Ellen, Wal-Mart give scholarships to school's senior class
Ellen, Wal-Mart give scholarships to school's senior class

By: 0 Fri, Feb 24, 2017

LOS ANGELES (AP) — Ellen DeGeneres has handed out college scholarships to the entire senior class of a New York City charter school. DeGeneres...

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Movers & Shakers

Colorado Springs Movers & Shakers: Elliot Bannister
By: - Tue, Feb 21, 2017
Colorado Springs Movers & Shakers: Dr. Robin E. Johnson
By: - Mon, Feb 20, 2017

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