Business | Colorado Springs Gazette

AP Business Headlines view all

  • Lexus flagship: A car or a haven?

    It's misleading to call the 2015 Lexus LS 460 a car, or even a luxury sedan. The quiet interior, silky smooth ride and roomy, upscale environment of this flagship Lexus make it more of a haven from the stresses of the day than an automobile. Heck, the LS 460 doesn't even have to be moving for a driver and passenger to begin to feel tension...

  • Fact sheet: 2015 Lexus LS 460

    2015 Lexus 460 L BASE PRICE: $72,520 for base 460; $75,465 for AWD 460; $78,820 for RWD 460 L. PRICE AS TESTED: $84,605. TYPE: Front engine, rear-wheel drive, five-passenger, full-size, luxury sedan. ENGINE: 4.6-liter, double overhead cam, dual fuel-injected V-8 with VVT-iE. MILEAGE: 16 mpg (city), 24 mpg (highway). TOP SPEED: 130 mph....

  • Alexion Pharma to pay $8.4 billion for Synageva BioPharma

    Alexion Pharmaceuticals will pay a huge premium to buy Synageva BioPharma in an $8.4-billion deal for a rare disease treatment maker that lost nearly $60 million in the first quarter and has no products on the market. Alexion made the deal, announced Wednesday morning, more for what Synageva can offer rather than what it already provides. That...

  • US stocks slipping after weak economic data; oil prices rise

    NEW YORK (AP) — U.S. stocks are drifting lower in midday trading following some weak reports on the U.S. economy. Oil prices continued to rise Wednesday, helping drillers and other energy companies move higher. News Corp., which publishes The Wall Street Journal, fell 7 percent after its results missed analysts' forecasts. Noodles & Co....

  • College financial aid: There's still time to apply

    When it comes to lining up financial aid for college, earlier is definitely better. Universities have a limited amount of money they can award to students every year. Scholarships get snapped up fast. And many deadlines for state aid come and go before spring break. That's not welcome news for any high school seniors who have yet to explore...

  • Cinderella, mobile shopping boost HSN bottom line

    ST. PETERSBURG, Fla. (AP) — HSN's stock got a boost Wednesday with the help of Cinderella, Wendy Williams and shoppers eager to buy on their smartphones and tablets. Updated tablet and phone apps helped boost the home shopping network operator's digital sales 12 percent, and brought such sales to half of revenue. Sales from mobile devices...

  • How do you get on QVC? Tips from entrepreneur Lori Greiner

    NEW YORK (AP) — Take a product on a home shopping channel and sell out in a matter of minutes— it's the dream of many entrepreneurs. Lori Greiner, who's sold her jewelry organizers, home decor and other products on QVC since 1998, encourages other entrepreneurs to try to get on air. Greiner, who's an investor on the ABC program "Shark Tank,"...

  • A bio snapshot of Lori Greiner of QVC and 'Shark Tank'

    Lori Greiner, entrepreneur on QVC and investor on ABC's "Shark Tank" AGE: 45 HOMETOWN: Chicago LIVES IN: Chicago and Los Angeles FAMILY: Married to Dan Greiner EDUCATION: Bachelor's degree in communication from Loyola University Chicago CAREER: Self-employed inventor of consumer products and home furnishings FIRST APPEARANCE ON QVC: 1998...

  • 3D Systems withdraws full-year forecast

    ROCK HILL, S.C. (AP) — 3D Systems is withdrawing its full-year forecast, citing uncertain market conditions. The maker of 3D printers also said that purchases were lower than expected in its first quarter, given soft customer demand and currency fluctuations. The stock fell more than 3 percent in Wednesday morning trading. The Rock Hill,...

  • Early gains for US stocks after some solid company earnings

    NEW YORK (AP) — Stronger earnings from several U.S. companies are sending stock prices higher in early trading. Video game maker Electronic arts rose 6 percent and LendingClub rose 5 percent early Wednesday after reporting results that beat analysts' expectations. Energy companies rose far more than the rest of the market as the price of...

  • Survey: Hiring by US businesses slows sharply in April

    WASHINGTON (AP) — U.S. companies hired in April at the slowest pace in nearly a year and a half, a private survey found, as the strong dollar dragged down overseas sales and energy companies cut back on spending in the face of lower oil prices. Payroll processor ADP said Wednesday that businesses added just 169,000 jobs in April, down from...

  • T. Rowe Price Group CEO James Kennedy retiring

    NEW YORK (AP) — T. Rowe Price Group Inc. CEO and President James A.C. Kennedy will step down at the end of the year and is being replaced by another veteran at the asset-management company. Kennedy will step down from his positions as of Dec. 31 and will officially retire from the company at the next annual meeting on April 27, 2016. William...

  • Wendy's to sell 640 restaurants, bakery ops; 1Q mixed

    DUBLIN, Ohio (AP) — Wendy's is planning to sell 640 of its company-owned restaurants to franchisees and will also sell off its bakery operations. The hamburger chain also announced Wednesday that its first-quarter profit topped Wall Street's expectations as sales improved in North America. Shares of the Dublin, Ohio-based company climbed more...

  • US productivity drops at 1.9 percent rate in first quarter

    WASHINGTON (AP) — U.S. worker productivity declined in the first three months of the year as labor costs jumped, reflecting a slowdown in growth. The Labor Department said Wednesday that productivity, which is the amount of output per hour of work, fell at 1.9 percent rate in the first quarter. Productivity dropped at a 2.1 percent rate in the...

  • US productivity slumps 1.9 percent in Q1, while labor costs rise in sign of weaker growth

    WASHINGTON (AP) — US productivity slumps 1.9 percent in Q1, while labor costs rise in sign of weaker growth.

  • Chesapeake reports 1Q loss

    OKLAHOMA CITY (AP) — Chesapeake Energy Corp. (CHK) on Wednesday reported a first-quarter loss of $3.74 billion, after reporting a profit in the same period a year earlier. On a per-share basis, the Oklahoma City-based company said it had a loss of $5.72. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 11 cents...

  • MOVERS & SHAKERS

    Ralitsa "Rali" Carter has joined Blakely + Company as digital strategist. Carter has more than eight years of experience in digital marketing and has worked for a variety of clients including Alaska Airlines, Epson America, Hitachi and Yokohama Tires. get More, submit item See Sunday's Business section for more Movers & Shakers. To submit...

  • Longtime AspenPointe exec headed to top job at BBB of Southern Colorado

    Jonathan Liebert, a longtime AspenPointe executive, has been named CEO and executive director of the Better Business Bureau of Southern Colorado, effective June 1. Liebert, 38, has extensive management experience in nonprofits, entrepreneurial business operations, strategic and tactical planning, business plan development, developing and...

  • MARKETING MATTERS: 'Relevancy' is the name of the game in getting noticed

    Have you ever noticed how, when you get a new car, you all of a sudden see your car everywhere? It's not because there has been a sudden sales surge in white Volkswagen Golfs or Mazda 3s (or whatever car you happened to buy). The cars have been there all along. It's just that, as human beings, we're very good at tuning out anything that isn't...

  • China stocks rebound, other Asian markets fall after US drop

    SEOUL, South Korea (AP) — Asian stock markets were uneven Wednesday as investor sentiment was dented by losses on Wall Street and doubts about Greece's ability to repay debts due to the IMF this month. Chinese markets rebounded from the previous day's sell-off. ___ KEEPING SCORE: South Korea's Kospi fell 1.3 percent to 2,105.17 and...

Submit Your Business Press Release

Submit Press Release
Advertisement

Leading Lawyers

Advertisement
Advertisement
The Gazette’s Deal of the Day
Advertisement
Advertisement