• CommScope buying some of TE Connectivity ops for about $3B

    Updated: 18 hr ago

    HICKORY, N.C. (AP) — CommScope is buying TE Connectivity's telecom, enterprise and wireless businesses for about $3 billion, which will help diversify its operations and broaden its geographic reach. The businesses, made up of 65 facilities and approximately 10,000 employees, had...

  • A done deal: Colorado Springs company finally acquires angioplasty product line

    By Wayne Heilman wayneh@gazette.com -
    Updated: 21 hr ago

    Spectranetics Corp. completed its $30 million acquisition of the Stellarex drug-coated angioplasty balloon product line from Covidien plc on Tuesday - its second major angioplasty deal in seven months. The Colorado Springs-based medical laser manufacturer announced the deal in...

  • Q&A: John W. Cook, partner at Hogan Lovells

    By charise simpson Special to The Gazette -
    Updated: 21 hr ago

    Three generations of John W. Cook's family have worked at The Broadmoor - including himself - but his path would eventually lead him to law school. The Colorado Springs native attended Cheyenne Mountain High School and, as a teenager, worked as a bellman at The Broadmoor, learning the...

  • Asian stocks tumble after weak US corporate earnings

    Updated: Tue, Jan 27, 2015

    BEIJING (AP) — Asian stock markets were mostly lower Wednesday after Wall Street tumbled on concern about weak corporate earnings as investors watched this week's meeting of the U.S. Federal Reserve. KEEPING SCORE: The Shanghai Composite Index tumbled 1.4 percent to 3,306.56 and Hong...

  • Volkswagen, Audi, Porsche issue recalls for fuel leaks

    Updated: Tue, Jan 27, 2015

    DETROIT (AP) — Audi, Volkswagen and Porsche are recalling more than 93,500 cars and SUVs worldwide to fix fuel leak problems. The recalls cover the Audi A6 and Volkswagen Touareg hybrid from the 2012 model year, the Audi A7 from 2012 and 2013, and the Audi Q7, S4 and S5 from 2011...

  • NYC economy lost $200M from fizzled storm, transit shutdown

    Updated: Tue, Jan 27, 2015

    NEW YORK (AP) — New York City lost an estimated $200 million in economic activity in the fizzled snowstorm and decision to shut down the transit system — a loss that wasn't crippling overall but had the biggest impact on small businesses and hourly workers. Consumers who would have...

  • Yahoo CEO heeds shareholders' call to spin off Alibaba stake

    Updated: Tue, Jan 27, 2015

    SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is spinning off the company's $39 billion stake in China's Alibaba Group Holding in a move that wards off a potential shareholder rebellion. The highly anticipated decision announced Tuesday will enable Yahoo to avoid paying billions of...

  • Thieves smash stolen SUV into San Francisco museum for gold

    Updated: Tue, Jan 27, 2015

    SAN FRANCISCO (AP) — Thieves rammed a stolen SUV into a downtown San Francisco museum early Tuesday and swiped historic gold nuggets in the latest smash-and-grab theft in the area in recent months. Three masked men jumped from a Chevrolet Suburban after it rammed through a revolving...

  • Pilot praised for handling of plane that crashed in Pacific

    Updated: Tue, Jan 27, 2015

    LIHUE, Hawaii (AP) — The owner of one of two small planes that crashed-landed in the Pacific Ocean off Hawaii over the weekend is crediting a novice pilot with staying calm and ensuring the survival of all four people onboard, including a baby. The pilot of the single-engine Cessna...

  • IT'S YOUR MONEY: Where you are in life can dictate financial plan

    By LINDA LEITZ
    Published: Tue, Jan 27, 2015

    Do you ever wonder if you're on track financially? Will you have enough to stop working at some point and have your money last the rest of your life? There isn't a magic number that's right for everyone. Someone with $2,500 a month in expenses has a different financial target than a...

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