<![CDATA[Colorado Springs Gazette RSS - business]]> http://gazette.com/rss/business Wed, 13 Dec 2017 23:16:44 -0700 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[AP Explains: What is net neutrality and why does it matter?]]> http://gazette.com/ap-explains-what-is-net-neutrality-and-why-does-it-matter/article/feed/514023?custom_click=rss http://gazette.com/ap-explains-what-is-net-neutrality-and-why-does-it-matter/article/feed/514023?custom_click=rss

NEW YORK (AP) — "Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block. On Thursday, the Federal Communications Commission plans to vote on a proposal that would not only undo the Obama-era rules that have been in place since 2015, but will forbid states to put anything similar in place.

Here's a look at what the developments mean for consumers and companies.



Net neutrality is the principle that internet providers treat all web traffic equally, and it's pretty much how the internet has worked since its creation.

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]]> Wed, 13 Dec 2017 23:31:37 -0700 <![CDATA[As 'net neutrality' vote nears, some brace for a long fight]]> http://gazette.com/as-net-neutrality-vote-nears-some-brace-for-a-long-fight/article/feed/521237?custom_click=rss http://gazette.com/as-net-neutrality-vote-nears-some-brace-for-a-long-fight/article/feed/521237?custom_click=rss

NEW YORK (AP) — The federal government is preparing to unravel sweeping net-neutrality rules that guaranteed equal access to the internet. And advocates of the regulations are bracing for a long fight.

The Thursday vote scheduled at the Federal Communications Commission could usher in big changes in how Americans use the internet. It's a radical departure from more than a decade of federal oversight.

The broadband industry promises that the internet experience isn't going to change, but protests have erupted online and in the streets as everyday Americans worry that cable and phone companies will be able to control what they see and do online.

Opponents of the FCC's move plan legal challenges.

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]]> Wed, 13 Dec 2017 23:27:10 -0700 <![CDATA[The Latest: IRS says bill could benefit taxpayers by Feb]]> http://gazette.com/the-latest-irs-says-bill-could-benefit-taxpayers-by-feb/article/feed/521162?custom_click=rss http://gazette.com/the-latest-irs-says-bill-could-benefit-taxpayers-by-feb/article/feed/521162?custom_click=rss

WASHINGTON (AP) — The Latest on the Republican tax overhaul (all times local):

9:30 p.m.

The IRS says taxpayers could begin seeing less money withheld from their paychecks "as early as February" if Congress passes a Republican tax overhaul plan this month.

The agency says in a statement released Wednesday night that it "is continuing to closely monitor the pending legislation in Congress," and "taking the initial steps to prepare guidance on withholding for 2018."

The IRS says it expects to issue new withholding guidance in January reflecting the new legislation.

The bill would provide generous tax cuts for corporations and the wealthiest Americans.

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]]> Wed, 13 Dec 2017 23:06:35 -0700 <![CDATA[EPA chemical safety nominee drops out amid strong opposition]]> http://gazette.com/epa-chemical-safety-nominee-drops-out-amid-strong-opposition/article/feed/521296?custom_click=rss http://gazette.com/epa-chemical-safety-nominee-drops-out-amid-strong-opposition/article/feed/521296?custom_click=rss WASHINGTON (AP) — President Donald Trump's pick to oversee chemical safety at the Environmental Protection Agency withdrew his nomination Wednesday after bipartisan opposition made his Senate confirmation unlikely.

Officials at the White House and the Senate told The Associated Press that Michael Dourson had sent a letter asking his name to be removed from consideration to serve as head of the EPA's Office of Chemical Safety and Pollution Prevention. The two officials were not authorized to discuss the matter publicly and spoke on condition of anonymity.

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]]> Wed, 13 Dec 2017 22:42:11 -0700 <![CDATA[Asian shares mixed as Fed hike gives investors few surprises]]> http://gazette.com/asian-shares-mixed-as-fed-hike-gives-investors-few-surprises/article/feed/521118?custom_click=rss http://gazette.com/asian-shares-mixed-as-fed-hike-gives-investors-few-surprises/article/feed/521118?custom_click=rss

HONG KONG (AP) — Asian stocks were mixed on Thursday after the Fed raised rates again, meeting investor expectations but providing few surprises.

KEEPING SCORE: Japan's benchmark Nikkei 225 index dipped 0.2 percent to 22,721.21 while South Korea's Kospi climbed 0.8 percent to 2,500.12. Hong Kong's Hang Seng rose 0.1 percent to 28,258.05 but the Shanghai Composite in mainland China lost 0.2 percent to 3,297.78. Australia's S&P/ASX 200 inched up 0.2 percent to 6,032.00.

FED RAISES: In a widely expected move, the Federal Reserve raised its benchmark rate for the third time this year, by increasing its short-term rate by a quarter point. Policymakers at the U.S. central bank said they plan to continue tightening and indicated t

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]]> Wed, 13 Dec 2017 22:16:06 -0700 <![CDATA[The Latest: China raises key policy rate after Fed's hike]]> http://gazette.com/the-latest-china-raises-key-policy-rate-after-feds-hike/article/feed/521039?custom_click=rss http://gazette.com/the-latest-china-raises-key-policy-rate-after-feds-hike/article/feed/521039?custom_click=rss

WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local):

11:15 a.m.

The People's Bank of China says it is responding to market forces by raising the rate charged by its one-year lending facility by 0.05 percentage points to 3.25 percent. Rates paid on bank reserves rose Thursday by a similar margin.

There was no change in the rates for borrowing by companies and the public and for deposits.

Beijing has tightened controls on the movement of money out of China to stop an outflow of capital, which could be worsened if higher U.S. rates attract investors with the possibility of higher returns.

Hong Kong, whose currency is linked to the U.S. dollar, raised its base rate b

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]]> Wed, 13 Dec 2017 22:14:47 -0700 <![CDATA[GOP says it's got a deal on taxes; cuts coming for next year]]> http://gazette.com/gop-says-its-got-a-deal-on-taxes-cuts-coming-for-next-year/article/feed/521042?custom_click=rss http://gazette.com/gop-says-its-got-a-deal-on-taxes-cuts-coming-for-next-year/article/feed/521042?custom_click=rss

WASHINGTON (AP) — Confident congressional Republicans forged an agreement Wednesday on a major overhaul of the nation's tax laws that would provide generous tax cuts for corporations and the wealthiest Americans — Donald Trump among them — and deliver the first major legislative accomplishment to the GOP president.

Middle- and low-income families would get smaller tax cuts, though Trump and GOP leaders have billed the package as a huge benefit for the middle class. The measure would scrap a major tax requirement of Barack Obama's Affordable Care Act, a step toward the ultimate GOP goal of unraveling the law.

"The cynical voices that opposed tax cuts grow smaller and weaker, and the American people grow stronger," Trump

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]]> Wed, 13 Dec 2017 20:45:17 -0700 <![CDATA[Director of Colorado pension fund dies snorkeling in Hawaii]]> http://gazette.com/director-of-colorado-pension-fund-dies-snorkeling-in-hawaii/article/feed/521272?custom_click=rss http://gazette.com/director-of-colorado-pension-fund-dies-snorkeling-in-hawaii/article/feed/521272?custom_click=rss DENVER (AP) — The executive director of the board that oversees Colorado's public employee pension fund died while snorkeling in Hawaii.

Public Employees' Retirement Association spokeswoman Katie Kaufmanis says 56-year-old Gregory Smith died Tuesday while vacationing with family and friends in Maui.

Maui Fire Services Chief Edward Taomoto says Smith was found face-down and unresponsive in the water.

Bystanders brought him to the shore, and emergency responders could not revive him.

An autopsy is planned.

Smith worked at PERA for more than 15 years, including five years as its executive director.

Six chief officers and the PERA executive team will continue to run daily operations at the association.

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]]> Wed, 13 Dec 2017 19:51:41 -0700 <![CDATA[After London tower fire, group develops risk assessment tool]]> http://gazette.com/after-london-tower-fire-group-develops-risk-assessment-tool/article/feed/521079?custom_click=rss http://gazette.com/after-london-tower-fire-group-develops-risk-assessment-tool/article/feed/521079?custom_click=rss

ATLANTA (AP) — Six months after flames engulfed a London high-rise and sparked concerns about similarly-clad buildings around the world, a U.S.-based fire prevention group has developed a tool aimed at making buildings safer.

The National Association of State Fire Marshals' research foundation says its free risk evaluation tool will be available on its website after Jan. 1.

Combustible exterior paneling fueled the flames that enveloped Grenfell Tower on June 14, killing 71 people, authorities said. An Associated Press review found the same panels on several U.S. buildings, and some of the owners were unaware of the potential danger.

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]]> Wed, 13 Dec 2017 19:51:15 -0700 <![CDATA[Hurricane state Republicans demand disaster aid by Christmas]]> http://gazette.com/hurricane-state-republicans-demand-disaster-aid-by-christmas/article/feed/521227?custom_click=rss http://gazette.com/hurricane-state-republicans-demand-disaster-aid-by-christmas/article/feed/521227?custom_click=rss

WASHINGTON (AP) — Lawmakers from hard-hit states such as Florida are demanding tens of billions of dollars of hurricane relief and rebuilding funds as part of another temporary Washington spending bill to keep the government from shutting down over Christmas.

Hurricane money is one of many pressing items as GOP leaders Wednesday evening unveiled an opening bid in the party's strategy to avert a government shutdown next weekend. Plenty of hurdles remain, though, and a shutdown that could strike just before Christmas isn't out of the question.

The measure released by House Appropriations Committee Chairman Rodney Frelinghuysen, R-N.J., would keep the nondefense agencies of the government open through Jan.

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]]> Wed, 13 Dec 2017 18:31:20 -0700 <![CDATA[The Latest: GOP leader offers huge budget boost for military]]> http://gazette.com/the-latest-gop-leader-offers-huge-budget-boost-for-military/article/feed/521256?custom_click=rss http://gazette.com/the-latest-gop-leader-offers-huge-budget-boost-for-military/article/feed/521256?custom_click=rss WASHINGTON (AP) — The Latest on legislation to prevent a government shutdown (all times local):

7:15 p.m.

A key House Republican has unveiled a measure to deliver a huge budget increase to the Pentagon and prevent a government shutdown at the end of next week.

The measure by Appropriations Committee Chairman Rodney Frelinghuysen could face a House vote next week, though there is pressure from Republicans from hurricane-hit states such as Florida and Texas to add tens of billions of dollars of storm relief.

The measure is seen by Capitol insiders as an opening salvo. Senate Democratic Leader Chuck Schumer of New York has already dismissed the idea, and many lawmakers predict the Senate will quickly send an amende

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]]> Wed, 13 Dec 2017 18:17:44 -0700 <![CDATA[Walmart gives workers a way to get paid earlier]]> http://gazette.com/walmart-gives-workers-a-way-to-get-paid-earlier/article/feed/521236?custom_click=rss http://gazette.com/walmart-gives-workers-a-way-to-get-paid-earlier/article/feed/521236?custom_click=rss

NEW YORK (AP) — Walmart is providing workers with an app aimed at helping them budget their money and get paid before payday.

The retailer said Wednesday that it teamed up with financial technology startup Even and PayActiv to provide an app to 1.4 million Walmart workers.

The Even app automatically plans ahead for bills, savings goals and will show workers how much they can safely spend. It will also allow workers to access cash before a scheduled payday up to eight times a year for free.

Walmart said it will cover the costs for Even for both full and part-time workers at Walmart, Sam's Club and its e-commerce sites. Users will have to pay a fee if they want to get paid earlier more than eight times a year.

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]]> Wed, 13 Dec 2017 17:41:47 -0700 <![CDATA[Pikes Peak Area Council of Governments picks new executive director]]> http://gazette.com/pikes-peak-area-council-of-governments-picks-new-executive-director/article/1617144?custom_click=rss http://gazette.com/pikes-peak-area-council-of-governments-picks-new-executive-director/article/1617144?custom_click=rss

The Pikes Peak Area Council of Governments has selected a new executive director after nearly a year without one.

Andy Gunning, who previously held a high-ranking position with an Arizona-based government association, was chosen by the PPACG board of directors on Wednesday.

Gunning, now acting planning director for Rockville, Md., will be offered the job Thursday morning. If he accepts, he will replace Rick Sonnenburg, who filled the job on an interim basis after Rob MacDonald was fired in January amid high turnover and an investigation into complaints from former employees.

Sonnenburg also has maintained his job as the program and contracts manager for the Pikes Peak Rural Transportation Authority.

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Wed, 13 Dec 2017 17:35:05 -0700
<![CDATA[Justice Department confirms criminal probe in Uber case]]> http://gazette.com/justice-department-confirms-criminal-probe-in-uber-case/article/feed/521223?custom_click=rss http://gazette.com/justice-department-confirms-criminal-probe-in-uber-case/article/feed/521223?custom_click=rss

SAN FRANCISCO (AP) — A recent letter from the U.S. Attorney's office confirms that the Justice Department has opened a criminal investigation connected to allegations that a former Uber executive stole self-driving car technology from a Google spin-off to help the ride-hailing service build robotic vehicles.

The letter unsealed Wednesday by a federal judge marks the Justice Department's first acknowledgement of the probe. The criminal investigation was mentioned in court hearings two weeks ago, but the Justice Department had declined to comment.

The U.S. Attorney's office in San Francisco unsuccessfully tried to keep its letter disclosing the investigation under seal to protect the inquiry's integrity.

The Nov.

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]]> Wed, 13 Dec 2017 17:33:08 -0700 <![CDATA[Colorado Springs new vehicle market takes step back in November]]> http://gazette.com/colorado-springs-new-vehicle-market-takes-step-back-in-november/article/1617163?custom_click=rss http://gazette.com/colorado-springs-new-vehicle-market-takes-step-back-in-november/article/1617163?custom_click=rss

El Paso County's new vehicle market slowed again in November for a second consecutive month compared with the same time last year, according to registrations filed with the El Paso County Clerk and Recorder's Office.

The drop is largely the result of a wave of new vehicle sales in the second half of 2016 to replace cars and trucks totaled in a massive July hailstorm, said Phill Emmert, executive director of the Colorado Springs Automobile Dealers Association. Some dealers also can't get enough inventory to sell, he said, because new vehicles have been diverted to Texas and Florida to meet demand from buyers whose vehicles were destroyed in hurricanes this fall.

The 1,828 new cars and trucks registered last month was down 21.

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Wed, 13 Dec 2017 17:32:24 -0700
<![CDATA[PolyMet offers $544M in financial assurances for mine costs]]> http://gazette.com/polymet-offers-544m-in-financial-assurances-for-mine-costs/article/feed/521248?custom_click=rss http://gazette.com/polymet-offers-544m-in-financial-assurances-for-mine-costs/article/feed/521248?custom_click=rss

MINNEAPOLIS (AP) — PolyMet Mining Corp. is offering the state a $544 million package of financial assurances to serve as an insurance policy to protect taxpayers from potentially having to cover the costs of closing and cleaning up a controversial copper-nickel mine it wants to build in northeastern Minnesota.

The company said the package of surety bonds, irrevocable letters of credit and a trust fund would be sufficient to cover all costs, including treating the mine's wastewater "as long as necessary," if the mine were to close and the company couldn't cover the costs.

PolyMet used an estimate of 100 years in its financial modeling, spokesman Bruce Richardson said. But the company isn't saying that's how long the water wo

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]]> Wed, 13 Dec 2017 17:32:18 -0700 <![CDATA[GE Johnson founder, son among Colorado Business Hall of Fame inductees]]> http://gazette.com/ge-johnson-founder-son-among-colorado-business-hall-of-fame-inductees/article/1617161?custom_click=rss http://gazette.com/ge-johnson-founder-son-among-colorado-business-hall-of-fame-inductees/article/1617161?custom_click=rss

Jim Johnson, owner of GE Johnson Construction Co. in Colorado Springs, and his late father, Gil, the company's founder and namesake, are among the Colorado Business Hall of Fame's inductees for 2018. Eight business leaders will be honored Jan. 25 as part of the 29th annual induction sponsored by Junior Achievement - Rocky Mountain and the Denver Metro Chamber of Commerce. The event takes place at the Hyatt Regency Denver at the Colorado Convention Center.

Inductees are recognized for "enduring and innovative professional contributions to Colorado, inspirational and ethical acumen and philanthropic endeavors," according to the sponsors.

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Wed, 13 Dec 2017 17:21:27 -0700
<![CDATA[Fed rate increase is 3rd this year; foresees 3 more in 2018]]> http://gazette.com/fed-rate-increase-is-3rd-this-year-foresees-3-more-in-2018/article/feed/521170?custom_click=rss http://gazette.com/fed-rate-increase-is-3rd-this-year-foresees-3-more-in-2018/article/feed/521170?custom_click=rss

WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the third time this year and foresees three additional hikes in 2018, a vote of confidence that the U.S. economy remains on solid footing 8½ years after the end of the Great Recession.

The Fed said Wednesday that it's lifting its short-term rate by a modest quarter-point to a still-low range of 1.25 percent to 1.5 percent. It is also continuing to slowly shrink its bond portfolio. Together, the two steps could lead over time to higher loan rates for consumers and businesses and slightly better returns for savers.

The central bank said in a statement after its latest policy meeting that it expects the job market and the economy to strengthen further.

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]]> Wed, 13 Dec 2017 17:02:55 -0700 <![CDATA[Target is about to give its customers same-day delivery]]> http://gazette.com/target-is-about-to-give-its-customers-same-day-delivery/article/1617152?custom_click=rss http://gazette.com/target-is-about-to-give-its-customers-same-day-delivery/article/1617152?custom_click=rss

Target is doubling-down on its efforts to compete with Amazon and Walmart with the purchase of Shipt, a same-day delivery company that specializes in groceries.

The Minneapolis-based chain on Wednesday said it would pay $550 million in cash for the technology company, and that it will begin offering same-day delivery at about half of its 1,800 stores early next year.

The acquisition comes as Target's largest competitors invest heavily in groceries, as well as speedy delivery. Walmart-the country's largest grocer-in September paid an undisclosed sum for Parcel, a New York-based startup that provides same-day deliveries. And Amazon on Wednesday said it had expanded its same-day delivery service to Prime members in 8,000 U.S.

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Wed, 13 Dec 2017 14:50:39 -0700
<![CDATA[Colorado Springs Movers & Shakers: Elissa Salama]]> http://gazette.com/colorado-springs-movers-shakers-elissa-salama/article/1617143?custom_click=rss http://gazette.com/colorado-springs-movers-shakers-elissa-salama/article/1617143?custom_click=rss

Elissa Salama has joined Colorado Springs Food Rescue as communications and development manager. She has spent the last six years working for several hunger relief organizations in Denver, including GrowHaus, ReVision and Groundwork Denver in roles ranging from volunteer to project supervisor and coordinator of educational programming. She studied religion and sociology at University of Florida and is a student at Regis University in its master's degree in nonprofit management program.

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Wed, 13 Dec 2017 12:45:26 -0700
<![CDATA[UPS and drivers at odds over holiday hours]]> http://gazette.com/ups-and-drivers-at-odds-over-holiday-hours/article/1617121?custom_click=rss http://gazette.com/ups-and-drivers-at-odds-over-holiday-hours/article/1617121?custom_click=rss

UPS and their drivers are at odds with each other over new, longer hours.

Drivers are being asked to work 70 hours in each eight-day segment through the holidays. The company says this is because of another busy online shopping season, which has left their drivers with nearly 38 million more packages to deliver this year versus last.

But the long hours have upset a lot of drivers, whose union has filed a grievance. The union says they are outraged by the change.

Some of the concerns outlined in the statement include the physical toll that it could take on drivers and the impact on family time.

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Wed, 13 Dec 2017 08:49:10 -0700
<![CDATA[El Paso County welcomes tiny homes in unincorporated areas]]> http://gazette.com/el-paso-county-welcomes-tiny-homes-in-unincorporated-areas/article/1617088?custom_click=rss http://gazette.com/el-paso-county-welcomes-tiny-homes-in-unincorporated-areas/article/1617088?custom_click=rss

El Paso County will allow tiny houses in unincorporated areas, commissioners agreed unanimously Tuesday.

They voted to amend the land use code to allow the miniature structures in agricultural zoning districts, on some residential lots and in recreational vehicle parks - wherever mobile homes are allowed, according to the county's Planning and Community Development Department.

The changes also will let residents live in the homes permanently, which wasn't allowed because the code classified tiny houses as RVs.

Tiny houses are typically less than 400 square feet, and some are mounted on trailers.

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Wed, 13 Dec 2017 08:18:23 -0700
<![CDATA[Catholic hospital chains in Colorado, California merge to form $28.4 billion giant]]> http://gazette.com/catholic-hospital-chains-in-colorado-california-merge-to-form-28.4-billion-giant/article/1617080?custom_click=rss http://gazette.com/catholic-hospital-chains-in-colorado-california-merge-to-form-28.4-billion-giant/article/1617080?custom_click=rss

Catholic Health Initiatives, which operates two hospitals in Colorado Springs, will merge with Dignity Health late next year to form a $28.4 billion Catholic health-care giant.

The new organization, to be based in Chicago, will own 139 hospitals and employ 159,000 people in 28 states.

The deal is not expected to affect patient care or employees of Penrose-St. Francis Health Services, which operates Penrose Hospital and St. Francis Medical Center in Colorado Springs, said Michael Romano, a Catholic Health Initiatives spokesman in Englewood.

But the merger could result in streamlining at the corporate level as the two systems are integrated over the next year or two, he said, including at CHI's Englewood headquarters,

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Wed, 13 Dec 2017 08:09:33 -0700
<![CDATA[Bakery Blues: La Baguette's delivery truck stolen, leaving customers without famous bread]]> http://gazette.com/bakery-blues-la-baguettes-delivery-truck-stolen-leaving-customers-without-famous-bread/article/1617071?custom_click=rss http://gazette.com/bakery-blues-la-baguettes-delivery-truck-stolen-leaving-customers-without-famous-bread/article/1617071?custom_click=rss

Colorado Springs faced a bread shortage Tuesday morning after La Baguette's delivery truck was stolen.

Nearly half of the day's bread deliveries were in the truck when the driver left it warming up outside the bakery about 6 a.m., said Antoni Rog, owner of the Old Colorado City bakery and restaurant.

"This is a problem for my customers," Rog said. "They don't have bread today. You can imagine that a restaurant without bread, not making sandwiches, is losing so much. I'm sharing what I can, but it's obviously not enough."

Rog provides bread for La Baguette's sister locations, King Soopers grocery stores and delis and restaurants across the city. He plans to rent a U-Haul for his deliveries until the truck is recovered.

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Wed, 13 Dec 2017 06:35:54 -0700
<![CDATA[UCHealth acquires Colorado Springs hospital, freestanding emergency rooms]]> http://gazette.com/uchealth-acquires-colorado-springs-hospital-freestanding-emergency-rooms/article/1617011?custom_click=rss http://gazette.com/uchealth-acquires-colorado-springs-hospital-freestanding-emergency-rooms/article/1617011?custom_click=rss

UCHealth is going all in on the concept of freestanding emergency rooms.

The fast-growing hospital system, which leases Colorado Springs' Memorial Hospital, acquired the remaining 17 freestanding ERs and two boutique hospitals it operated in a partnership with Texas-based Adeptus Health, including Grandview Hospital in Colorado Springs and four of the freestanding ERs in El Paso County.

The move comes as part of Adeptus' restructuring under a Chapter 11 bankruptcy. The company, based in a suburb of Dallas, was acquired in October by New York-based Deerfield Management Co.

UCHealth completed the deal this month, said Dan Weaver, UCHealth's spokesman. Terms of the transaction were not disclosed.

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Tue, 12 Dec 2017 17:30:10 -0700
<![CDATA[Denver-area franchisee buys Iowa-based Midas operator with 42 locations in six states]]> http://gazette.com/denver-area-franchisee-buys-iowa-based-midas-operator-with-42-locations-in-six-states/article/1617065?custom_click=rss http://gazette.com/denver-area-franchisee-buys-iowa-based-midas-operator-with-42-locations-in-six-states/article/1617065?custom_click=rss

Greenwood Village-based Leeds West Groups has agreed to buy 42 Midas locations in six Midwest states from Auto Systems Experts of Davenport, Iowa, in what the company says is the largest acquisition by a franchise owner in Midas history.

The deal will give Leeds 97 Midas, Big O Tires and SpeeDee Oil Change and Auto Service locations in 15 states with 850 employees, including five Midas locations in Colorado Springs. Terms of the transaction, which is scheduled for completion Jan. 2, were not disclosed.

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Tue, 12 Dec 2017 16:47:48 -0700
<![CDATA[Colorado Springs Movers & Shakers: Lori Velie promoted by Ent Credit Union]]> http://gazette.com/colorado-springs-movers-shakers-lori-velie-promoted-by-ent-credit-union/article/1617064?custom_click=rss http://gazette.com/colorado-springs-movers-shakers-lori-velie-promoted-by-ent-credit-union/article/1617064?custom_click=rss

Lori Velie has been promoted to service area manager by Ent Credit Union, overseeing operations at five branches. She has more than 30 years of banking experience, including 18 years at Ent, where she most recently managed the credit union's branch at 4720 Flintridge Drive. She has a bachelor's degree in personnel and resources management from the University of Colorado at Colorado Springs.

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Tue, 12 Dec 2017 16:06:28 -0700
<![CDATA[Girl has message for Aetna after brain surgery denied: 'Screw you']]> http://gazette.com/girl-has-message-for-aetna-after-brain-surgery-denied-screw-you/article/1617012?custom_click=rss http://gazette.com/girl-has-message-for-aetna-after-brain-surgery-denied-screw-you/article/1617012?custom_click=rss

Cara Pressman sobbed in the big red chair in her living room. The 15-year-old tried to absorb the devastating news relayed by her parents: that their insurance company, Aetna, denied her for a minimally invasive brain surgery that could end the seizures that have haunted her since she was 9 years old.

Between tears, Pressman texted friends to say the planned Oct. 23 surgery was off. 

When the seizures strike, her body gets cold and shakes, and she zones out for anywhere from 20 seconds to two minutes, typically still aware of her surroundings.

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Tue, 12 Dec 2017 13:02:11 -0700
<![CDATA[State, Colorado Springs area expected to remain on an economic roll]]> http://gazette.com/state-colorado-springs-area-expected-to-remain-on-an-economic-roll/article/1616985?custom_click=rss http://gazette.com/state-colorado-springs-area-expected-to-remain-on-an-economic-roll/article/1616985?custom_click=rss

Colorado's economy is expected to cool a bit in 2018, with job growth slowing, but still remain strong, according to a forecast released Monday.

The state continues to outperform most other states economically, says the annual forecast released by the University of Colorado at Boulder's Leeds School of Business. Colorado is expected to add 47,100 jobs in 2018, or 1.8 percent growth - slower than the last couple of years, but still in the top 10 nationally.

Among the bright spots: The Colorado Springs area.

"For a while, Colorado Springs was just bumping along, and now it seems to really be taking off," said Richard Wobbekind, executive director of the Business Research Division for the Leeds School of Business.

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Tue, 12 Dec 2017 06:43:38 -0700
<![CDATA[Survey: Colorado Springs job market expected to slow slightly in first quarter]]> http://gazette.com/survey-colorado-springs-job-market-expected-to-slow-slightly-in-first-quarter/article/1617024?custom_click=rss http://gazette.com/survey-colorado-springs-job-market-expected-to-slow-slightly-in-first-quarter/article/1617024?custom_click=rss

The surging Colorado Springs job market is expected to cool a bit in the first quarter but remain stronger than a year ago, according to a survey from staffing giant ManpowerGroup.

The outlook, calculated by subtracting the percentage of employers planning to reduce staff from the percentage planning on adding staff, is expected to be 15 percent in the January-to-March quarter, down from 18 percent in the fourth quarter, 31 percent in the third quarter and 28 percent in the second quarter.

The outlook was 12 percent in the first quarter of 2017. The outlook for the upcoming quarter resulted from 21 percent of local employers planning on hiring and 6 percent expecting cutbacks with the rest expecting to maintain current

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Mon, 11 Dec 2017 22:26:55 -0700