Business | Colorado Springs Gazette

AP Business Headlines view all

  • US stocks edge higher in early trading

    NEW YORK (AP) — U.S. stocks are opening slightly higher as investors set aside worries about the protests in Hong Kong. The Dow Jones industrial average edged up 12 points, or 0.1 percent, to 17,079 as of 9:35 a.m. Eastern time Tuesday. The Standard & Poor's 500 index rose a fraction of a point to 1,977. The Nasdaq composite rose three...

  • Masco spinning off installation division

    TAYLOR, Mich. (AP) — Building products maker Masco is spinning off its installation and other services division in a series of moves aimed at boosting shareholder value. Shares of the maker of Delta faucets, Behr paint and Merillat cabinets climbed more than 8 percent in Tuesday premarket trading. The installation and other services unit...

  • EBay to split PayPal business off into separate company next year

    SAN JOSE, Calif. (AP) — EBay to split PayPal business off into separate company next year.

  • Revel casino auction to continue on Tuesday

    ATLANTIC CITY, N.J. (AP) — A bankruptcy court auction for Revel, the failed luxury casino-hotel on the Atlantic City Boardwalk, is scheduled to resume. An auction that began last Wednesday was suspended due to the approach of the Rosh Hashanah holiday. It will continue on Tuesday. Revel has refused to reveal details of what has transpired so...

  • Asian stocks mostly lower after US declines

    BANGKOK (AP) — Asian stocks were mostly lower Tuesday after Wall Street's losses overnight and pro-democracy protests in Hong Kong, a major financial center, added to worries about political risk. KEEPING SCORE: Hong Kong's Hang Seng Index tumbled 1.2 percent to 22,945.80 points after protesters blocked streets in the business district....

  • Dominion natural gas exports plan gets federal OK

    WASHINGTON (AP) — Dominion Energy received federal approval late Monday to export liquefied natural gas from its Cove Point terminal on the Chesapeake Bay in Maryland. In its decision, the Federal Energy Regulatory Commission concluded that the project, as approved with conditions, would minimize potential adverse impacts on landowners and the...

  • Boston City Council members weigh $25K pay raise

    BOSTON (AP) — Boston City Council members kicked off a discussion Monday on possibly giving themselves each a $25,000 raise to bring their salaries more in line with their counterparts in New York and other major U.S. cities, even as questions arise over whether the proposal violates Massachusetts law. The full-time council has not had a pay...

  • Gov't settles with newspaper over seized notes

    WASHINGTON (AP) — Training for Coast Guard criminal investigators will be reviewed as part of a settlement with a Washington newspaper over the 2013 seizure of notes from one of the paper's former reporters. The newspaper and former reporter Audrey Hudson sued the government last year after her notes were seized during a search of her home by...

  • Judge holds Argentina in contempt over bond orders

    NEW YORK (AP) — A judge, calling civil contempt a rarity, ruled that Argentina was in contempt of court on Monday for its open defiance of his orders requiring that U.S. hedge funds holding Argentine bonds be paid the roughly $1.5 billion they are owed if the majority of the South American nation's bondholders are paid interest on their bonds....

  • Qantas puts world's largest plane on longest route

    FORT WORTH, Texas (AP) — Qantas is putting the world's biggest passenger plane on the world's longest airline route. A Qantas Airbus A380 touched down Monday at Dallas-Fort Worth International Airport about 15 hours after leaving Sydney, Australia, on the 8,578-mile journey. The double-deck, four-engine jet was greeted with a water-cannon...

  • Los Angeles won't require skyscraper helipads

    LOS ANGELES (AP) — New skyscrapers will no longer be required to have rooftop helicopter landing pads under a change in city rules allowing alternative safety measures that will enable architects to design buildings with something other than the flat tops mandated since the 1950s. The reform of Fire Department "Regulation No. 10" was announced...

  • Another card system hack at Supervalu, Albertsons

    NEW YORK (AP) — Card data of Supervalu and Albertsons shoppers may be at risk in another hack, the two supermarket companies said Monday. The companies said that in late August or early September, malicious software was installed on networks that process credit and debit card transactions at some of their stores. Albertsons said the malware...

  • Answers about lingering delays at Chicago airports

    NEW YORK (AP) — Traffic at Chicago's two busiest airports was slowly returning to more normal levels Monday, three days after a fire at a regional air traffic control center disrupted much of the nation's air-travel system. The Federal Aviation Administration has temporarily assigned other controllers to oversee the airspace normally covered by...

  • IT'S YOUR MONEY: Living longer means planning for long-term care

    Life expectancy continues to go up in this country, but there are two sides to the longevity coin. While people are living longer, they aren't always healthy in their final years. So living at home without help isn't always a viable option. Ignoring your potential needs for the future isn't a good strategy, so think through your options....

  • MONEY & THE LAW: Colorado's 'Pits and Peeves' process cuts down on red tape

    The term "red tape" once had a positive connotation. That's because, starting in the 16th century, various governments (notably, the Holy Roman Empire) wrapped red rope around documents to indicate their importance. The term began to take on a negative connotation when Civil War veterans' records were bound with red ribbon and then proved...

  • ESSENTIALS: Business news from the Pikes Peak region

    - Nine broker associates have joined Re/Max Properties in Colorado Springs: Katie Harms and David Uebelhoer are with the Shane Ray Team at the north office, 1740 Chapel Hills Drive. Todd Moberly joined The Distinctive Group at the north office at 1740 Chapel Hills Drive. Kathi Roberts is with the Circa Group at the Monument location, 1761...

  • Neumann Systems of Colorado Springs loses Canadian partner

    A small Canadian research and development company that just a few months ago touted its carbon capture testing program with Neumann Systems Group as "breakthrough" has ended its partnership with the Colorado Springs company. This summer, CO2 Solutions and Neumann set out to demonstrate how their technologies together would capture carbon...

  • Fed report: IRS bungles hunt for unpaid taxes

    WASHINGTON (AP) — The IRS failed to take all required steps for collecting unpaid taxes from people it can't locate in over half the cases that investigators studied, potentially costing the government a pile of lost revenue, according to a federal report released Monday. The study does not estimate exactly how much money the IRS might collect...

  • Contracts old and new fuel Colorado Springs' newest public company

    Vectrus Inc., newly spun off from Exelis Inc., has a strong foundation as it enters its first week as an independent company. A company official said that Vectrus recently won nearly $1 billion in contracts from the Army Corps of Engineers and Air Force as it works to broaden its customer base in light of its dwindling opportunities in...

  • Ford shares fall as company lowers Europe outlook

    DEARBORN, Mich. (AP) — Ford shares tumbled Monday after the automaker said it will fall short of its full-year profit goals. At a conference for investors, the Dearborn, Michigan-based automaker said it expects a pretax profit of around $6 billion this year, down from the $7 billion to $8 billion it previously forecast. Chief Financial...

Advertisement

Submit Your Business Press Release

Submit Press Release
Advertisement

Leading Lawyers

SEP
30
OCT
1
OCT
2
OCT
3
OCT
4
OCT
5
OCT
6
OCT
7
OCT
8
OCT
9
OCT
10
OCT
11
OCT
12
OCT
13
Advertisement
Advertisement
Advertisement
Advertisement