More Business Articles

  • US stocks open higher; GE, Morgan Stanley gain

    Updated: Fri, Oct 17, 2014

    Stocks are rising in early trading as investors welcome some good news on corporate earnings. General Electric and Morgan Stanley each rose 3 percent in early trading after reporting earnings that beat analysts' estimates. The Dow Jones industrial average rose 162 points, or 1...

  • Eagle Materials drills further into energy sector

    Updated: Fri, Oct 17, 2014

    DALLAS (AP) — Eagle Materials is moving further into the energy sector by buying a company that sells an ingredient crucial to the hydraulic fracturing techniques now widely used to extract oil and natural gas. The building materials company announced the a $225 million acquisition of...

  • Apartments pushed up US homebuilding in September

    Updated: Fri, Oct 17, 2014

    WASHINGTON (AP) — Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding. Housing starts rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million homes, the Commerce Department said Friday. Almost all of the...

  • US home construction rose 6.3 percent in September, fueled by building more apartments

    Updated: Fri, Oct 17, 2014

    WASHINGTON (AP) — US home construction rose 6.3 percent in September, fueled by building more apartments.

  • Morgan Stanley's income nearly doubles

    Updated: Fri, Oct 17, 2014

    NEW YORK (AP) — Morgan Stanley's third-quarter net income nearly doubled, helped by strength in its institutional securities and wealth management divisions. The investment bank earned $1.71 billion, up from $889 million in the same period a year earlier. Earnings per share were 84...

  • Ka-ching! Surge in Colorado Springs sales tax collections

    By Wayne Heilman wayneh@gazette.com -
    Updated: Fri, Oct 17, 2014

    A big ending to a strong summer tourism season helped boost consumer spending in Colorado Springs in August to the best monthly gain in 1½ years. Collections from the city's 2 percent sales tax in September, reflecting August sales, were up 16.7 percent from September 2013 to $12.6...

  • Future of stalled Colorado Springs development may be decided next week

    By Wayne Heilman wayneh@gazette.com -
    Updated: Fri, Oct 17, 2014

    The fate of the stalled Colorado Crossing project in northern Colorado Springs is now in the hands of a U.S. Bankruptcy Court judge in Denver. Judge Sidney Brooks said Thursday that he will rule Oct. 24 on whether to approve a plan to transfer ownership of the troubled complex to...

  • Asia stocks find footing after global gyrations

    Updated: Fri, Oct 17, 2014

    Asian stock markets mostly steadied Friday after a fall in U.S. unemployment applications and comments from a Federal Reserve official eased nerves about a stalling economic recovery. KEEPING SCORE: Hong Kong's Hang Seng rose 0.2 percent to 22,956.27 and Australia's S&P/ASX 200 was up...

  • Will Apple Pay be the next iRevolution?

    Updated: Fri, Oct 17, 2014

    CUPERTINO, Calif. (AP) — Apple's skinnier iPads and flashy big-screen iMac are sleek and stunning. But the tech giant is making a bigger strategic bet with next week's launch of Apple Pay — the mobile pay service aimed at turning your iPhone into your wallet. The service, which goes...

  • MOVERS & SHAKERS

    The Gazette -
    Published: Fri, Oct 17, 2014

    Carmen Bray of Complete Kitchens at Coutura Design Inspirations recently received her Certified Kitchen Design certification from the National Kitchen & Bath Design Association. Seven years of experience in the field and a test are required to receive the certification. Bray, who...

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