Business | Colorado Springs Gazette

AP Business Headlines view all

  • Orders for US durable goods up 0.7 percent in June

    WASHINGTON (AP) — Orders for long-lasting manufactured goods rebounded in June after a May decline, helped by a recovery in demand in a key category that signals business investment plans. Orders for durable goods increased 0.7 percent in June on a seasonally adjusted basis following a 1 percent decline in May, the Commerce Department...

  • Pot may be legal, but homeowner agreements can ban

    DENVER (AP) — Pot may be legal in some states — but the neighbors don't have to like it. Marijuana has joined wacky paint colors and unsightly fences as common neighborhood disputes facing homeowners associations. A few HOAs have willingly changed their rules to accommodate for legal marijuana use or home-growing. But many more are...

  • Molson Coors Brewing CEO to retire at year's end

    DENVER (AP) — Molson Coors Brewing Co. President and CEO Peter S. Swinburn is retiring at year's end. The brewing company said Friday that Swinburn will be succeeded in the posts by Mark R. Hunter, who currently serves as CEO and president of Molson Coors Europe. The 61-year-old Swinburn has served as CEO since 2008. The 51-year-old Hunter...

  • Moody's 2Q profit climbs 42 percent

    NEW YORK (AP) — Moody's Corp. (MCO) on Friday reported net income that increased by 42 percent in its second quarter, and topped analysts' expectations. The New York-based company said profit rose to $319.2 million, or $1.48 per share, from $225.5 million, or $1 per share, in the same quarter a year earlier. Earnings, adjusted for...

  • Orders for US durable goods up 0.7 percent in June led by solid gain in business investment

    WASHINGTON (AP) — Orders for US durable goods up 0.7 percent in June led by solid gain in business investment.

  • Xerox 2Q profit drops 1.8 percent

    NORWALK, Conn. (AP) — Document management company Xerox Corp. (XRX) on Friday reported profit that declined by 1.8 percent in its second quarter, and beat analysts' expectations. The Norwalk, Connecticut-based company said net income dropped to $266 million, or 22 cents per share, from $271 million, or 21 cents per share, in the same quarter...

  • US stocks ease on earnings results

    NEW YORK (AP) — The stock market is lower in early trading after online retail giant Amazon posted a quarterly loss. The Dow Jones industrial average lost 102 points, or 0.6 percent, to 16,981 shortly after the market opened Friday The Standard & Poor's 500 index slipped six points, or 0.3 percent, to 1,981. The Nasdaq composite fell 25...

  • AbbVie 2Q profit climbs 2.8 percent

    NORTH CHICAGO, Ill. (AP) — Drugmaker AbbVie Inc.'s (ABBV) second-quarter profit increased nearly 3 percent and beat analysts' expectations, as sales soared for the world's top-selling drug, Humira. The North Chicago, Illinois company said Friday that earnings increased to $1.1 billion, or 68 cents per share, from $1.07 billion, or 66 cents...

  • Denver, Fort Collins rate high for careers; Colorado Springs also on list

    Denver and Fort Collins each climbed two rungs to round out the top five in Forbes' 16th annual list of Best Places for Business and Careers. Denver, No. 6 last year and No. 4 this year out of 200 cities, was dinged for business and living costs that are higher than any other city among the top five but was praised for its diverse economy and...

  • Moderate job growth forecast for Colorado

    BOULDER — The University of Colorado business school is predicting moderate job growth in the state for the rest of the year. The Leeds School of Business forecast released Friday was based on business registration data from the Secretary of State's Office. Nearly 25,000 new businesses filed with the secretary of state in the second...

Advertisement

Submit Your Business Press Release

Submit Press Release
Advertisement
JUL
25
JUL
26
JUL
27
JUL
28
JUL
29
JUL
30
JUL
31
AUG
1
AUG
2
AUG
3
AUG
4
AUG
5
AUG
6
AUG
7
Advertisement
Advertisement
Advertisement
Advertisement