<![CDATA[Colorado Springs Gazette RSS - business]]> http://gazette.com/rss/business Wed, 07 Dec 2016 07:35:28 -0700 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[Spread by trade and climate, bugs butcher America's forests]]> http://gazette.com/spread-by-trade-and-climate-bugs-butcher-americas-forests/article/feed/429388?custom_click=rss http://gazette.com/spread-by-trade-and-climate-bugs-butcher-americas-forests/article/feed/429388?custom_click=rss

PETERSHAM, Mass. (AP) — In a towering forest of centuries-old eastern hemlocks, it's easy to miss one of the tree's nemeses. No larger than a speck of pepper, the Hemlock woolly adelgid spends its life on the underside of needles sucking sap, eventually killing the tree.

The bug is one in an expanding army of insects draining the life out of forests from New England to the West Coast. Aided by global trade, a warming climate and drought-weakened trees, the invaders have become one of the greatest threats to biodiversity in the United States.

Scientists say they already are driving some tree species toward extinction and are causing billions of dollars a year in damage — and the situation is expected to worsen.

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]]> Wed, 07 Dec 2016 08:21:10 -0700 <![CDATA[Brown-Forman posts slightly lower second-quarter net income]]> http://gazette.com/brown-forman-posts-slightly-lower-second-quarter-net-income/article/feed/429467?custom_click=rss http://gazette.com/brown-forman-posts-slightly-lower-second-quarter-net-income/article/feed/429467?custom_click=rss

LOUISVILLE, Ky. (AP) — Spirits maker Brown-Forman Corp. said Wednesday its second-quarter net income fell slightly as tough foreign exchange conditions and lost revenue from a couple of brands it shed offset gains in its bourbon, tequila and flagship Jack Daniel's Tennessee Whiskey products.

The Louisville, Kentucky-based company predicted stronger sales growth in the second half of its fiscal year, and reaffirmed its full-year earnings projection in the range of $1.71 to $1.81 per share.

Second-quarter underlying net sales growth in the U.S. accelerated to more than 6 percent, led by gains for the Jack Daniel's lineup, the company said. U.S. sales were boosted by strong gains from its Woodford Reserve bourbon and Herradura

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]]> Wed, 07 Dec 2016 08:15:28 -0700 <![CDATA[Innovation or a monopoly? AT&T, Time Warner go before Senate]]> http://gazette.com/innovation-or-a-monopoly-att-time-warner-go-before-senate/article/feed/429375?custom_click=rss http://gazette.com/innovation-or-a-monopoly-att-time-warner-go-before-senate/article/feed/429375?custom_click=rss

WASHINGTON (AP) — The CEOs of AT&T and Time Warner are heading to Capitol Hill in a bid to convince senators that a merger of their two companies will mean innovative new experiences for consumers.

They can expect a skeptical audience.

The CEOs, Randall Stephenson of AT&T and Jeffrey Bewkes of Time Warner, are due to appear Wednesday before a Senate antitrust panel whose Republican chairman and senior Democrat have said the proposed $85.4 billion merger of the communications giants would potentially raise significant antitrust issues.

Other critics range from industry analysts and public-interest groups to President-elect Donald Trump, who promised on the campaign trail that he'd kill the deal because it concentrates

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]]> Wed, 07 Dec 2016 07:32:57 -0700 <![CDATA[State of Colorado suspends license of Colorado Springs real estate broker]]> http://gazette.com/state-of-colorado-suspends-license-of-colorado-springs-real-estate-broker/article/1591769?custom_click=rss http://gazette.com/state-of-colorado-suspends-license-of-colorado-springs-real-estate-broker/article/1591769?custom_click=rss

The Colorado Real Estate Commission has suspended the real estate broker license of Holly Dalton, broker of Colorado Springs property management firm Premiere Properties and Management LLC, which does business as Encore Properties LLC, after finding evidence of alleged misconduct and license law violations.

Dalton, who also is known as Holly Nuss, also faces revocation of her license and fines of up to $35,000 for allegedly failing to account for funds she received, converting, diverting and commingling funds, unworthy and incompetent practice, dishonest dealing and failure to meet record keeping requirements, the commission said in a news release.

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Wed, 07 Dec 2016 07:30:04 -0700
<![CDATA[United to charge extra for overhead bin]]> http://gazette.com/united-to-charge-extra-for-overhead-bin/article/1591728?custom_click=rss http://gazette.com/united-to-charge-extra-for-overhead-bin/article/1591728?custom_click=rss

Gone are the days of the free sandwiches, the complimentary pillows, the headphones that didn't cost $5. The in-flight comforts that were once a given are now nothing more than a nostalgic reminder of decades past.

Out went the free checked bag, in came the fees for those few extra inches of leg room. Want to make sure you sit next to your children on a flight? On some airlines, there's a fee for that.

Now, on United Airlines, you won't necessarily get the use of an overhead bin, without paying more money.

The overhead bin: "one of the last sacred conveniences of air travel," as an angry Sen. Charles E. Schumer, D-N.Y., put it Sunday as he denounced the move.

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Wed, 07 Dec 2016 07:29:41 -0700
<![CDATA[Colorado Springs apartment rents soar again, hit another record high]]> http://gazette.com/colorado-springs-apartment-rents-soar-again-hit-another-record-high/article/1591757?custom_click=rss http://gazette.com/colorado-springs-apartment-rents-soar-again-hit-another-record-high/article/1591757?custom_click=rss

Colorado Springs-area apartment rents soared to another record high during the third quarter - breaking the $1,000-a-month barrier for the first time, a report from the Colorado Division of Housing and Apartment Association of Southern Colorado shows.

The local apartment vacancy rate also fell to a nearly 16-year low in the third quarter, according to the report.

The desire for apartments by millennials and empty nesters, combined with a tight supply, have stoked demand and driven rents to record levels, industry experts have said. Young people like to have the flexibility to move every few years instead of being tied to a mortgage, while empty nesters enjoy maintenance-free living, the experts have said.

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Wed, 07 Dec 2016 06:42:20 -0700
<![CDATA[Huffington Post names founder Arianna Huffington's successor]]> http://gazette.com/huffington-post-names-founder-arianna-huffingtons-successor/article/feed/429443?custom_click=rss http://gazette.com/huffington-post-names-founder-arianna-huffingtons-successor/article/feed/429443?custom_click=rss NEW YORK (AP) — The Huffington Post has tapped New York Times editor Lydia Polgreen to succeed founder Arianna Huffington as its editor-in-chief.

The online news outlet announced Tuesday that Polgreen has been named to the top job. Polgreen had been with the New York Times for 15 years, where she most recently served as the associate masthead editor and the editorial director of NYT Global.

The 41-year-old Polgreen calls the Huffington Post job a "once-in-a-lifetime opportunity." She says the media's "basic difficulty" in anticipating Donald Trump's election last month illustrates "the ways in which journalism has failed to reach beyond its own inner limits."

Arianna Huffington left the company in August.

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]]> Wed, 07 Dec 2016 06:31:21 -0700 <![CDATA[NHL to move to new 67-story tower on Manhattan's west side]]> http://gazette.com/nhl-to-move-to-new-67-story-tower-on-manhattans-west-side/article/feed/429449?custom_click=rss http://gazette.com/nhl-to-move-to-new-67-story-tower-on-manhattans-west-side/article/feed/429449?custom_click=rss NEW YORK (AP) — The National Hockey League is moving its headquarters to a 67-story office tower under construction on Manhattan's west side.

Developer Brookfield Property Partners announced Wednesday the NHL will move from its current location in midtown to the tower that will be known as One Manhattan West.

The league will lease five floors of the new skyscraper, which is scheduled to open in 2019.

The building will be part of the seven-acre Manhattan West complex. The development is west of Madison Square Garden, home of the NHL's Rangers.

The NHL will also open a new store in the complex's retail mall.

NHL Chief Financial Officer Craig Harnett said league officials believe the west side of Manhattan is

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]]> Wed, 07 Dec 2016 06:08:03 -0700 <![CDATA[Car company offering red light-reading vehicles in Las Vegas]]> http://gazette.com/car-company-offering-red-light-reading-vehicles-in-las-vegas/article/feed/429406?custom_click=rss http://gazette.com/car-company-offering-red-light-reading-vehicles-in-las-vegas/article/feed/429406?custom_click=rss

LAS VEGAS (AP) — Maybe getting stuck at a traffic signal might not be so bad, if you know how long the wait will be.

That's what vehicle manufacturer Audi is hoping, with the debut this week in Las Vegas of a first-in-the-nation commercial system that lets moving vehicles "read" traffic signals ahead and tell the driver how long it'll take for a red light to turn green.

The driver sees a dashboard traffic signal icon and a timer next to the vehicle speed display.

Audi and Regional Transportation Commission of Southern Nevada officials said Tuesday the vehicle-to-infrastructure system was unveiled in Las Vegas because it has a centralized traffic management center.

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]]> Wed, 07 Dec 2016 02:06:42 -0700 <![CDATA[Asian stocks mostly higher on record Dow, telecom news]]> http://gazette.com/asian-stocks-mostly-higher-on-record-dow-telecom-news/article/feed/429094?custom_click=rss http://gazette.com/asian-stocks-mostly-higher-on-record-dow-telecom-news/article/feed/429094?custom_click=rss

TOKYO (AP) — Asian markets were mostly higher Wednesday, cheered by gains on Wall Street and optimism about the telecommunications industry.

KEEPING SCORE: Japan's benchmark Nikkei 225 rose 0.7 percent to finish at 18,496.69. Australia's S&P/ASX 200 added 0.9 percent to 5,478.10. South Korea's Kospi was little changed, inching up less than 0.1 percent at 1,991.15. Hong Kong's Hang Seng edged up 0.3 percent to 22,748.81, while the Shanghai Composite added 0.4 percent to 3,211.87.

WALL STREET: The Dow Jones industrial average rose 35.54 points, or 0.2 percent, to a record high 19,251.78. The Standard & Poor's 500 index rose 7.52 points, or 0.3 percent, to 2,212.23 and the Nasdaq composite rose 24.11 points, or 0.5 percent, to

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]]> Wed, 07 Dec 2016 00:38:44 -0700 <![CDATA[Trump: Japanese mogul pledges $50 billion US investment]]> http://gazette.com/trump-japanese-mogul-pledges-50-billion-us-investment/article/feed/429271?custom_click=rss http://gazette.com/trump-japanese-mogul-pledges-50-billion-us-investment/article/feed/429271?custom_click=rss

WASHINGTON (AP) — Winning praise from President-elect Donald Trump for being a "great man of industry," Japanese tech billionaire Masayoshi Son promised to invest $50 billion in new startups in the United States, committing to creating 50,000 new jobs.

Son is the founder and chief executive of Japanese technology and telecoms giant SoftBank, which owns the U.S. mobile carrier Sprint. Sprint shares initially spiked after the announcement. Son left Trump Tower after being escorted down the elevator by the president-elect, who touted the pledge before waiting investors.

"We are going to invest $50 billion in the U.S. and commit to create 50,000 new jobs," Son told reporters. "We (will) invest into the new startup companies in

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]]> Wed, 07 Dec 2016 00:02:56 -0700 <![CDATA[GOP adds measure to aid Mattis' confirmation to stopgap bill]]> http://gazette.com/gop-adds-measure-to-aid-mattis-confirmation-to-stopgap-bill/article/feed/428990?custom_click=rss http://gazette.com/gop-adds-measure-to-aid-mattis-confirmation-to-stopgap-bill/article/feed/428990?custom_click=rss

WASHINGTON (AP) — Congressional Republicans on Tuesday unveiled a stopgap spending bill that would also expedite the likely confirmation of President-elect Donald Trump's pick for defense secretary next year.

Word of the bill came around the same time that Trump formally announced he had selected retired Gen. James Mattis for the top Pentagon job. Congress needs to change the law so a former military man can serve in the civilian post.

The spending measure would keep the government running through April and also contains $10 billion in supplemental war funding and $4 billion more for disaster relief for Louisiana and other states as key additions.

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]]> Tue, 06 Dec 2016 21:47:51 -0700 <![CDATA[Drake tops iTunes' year-end music lists]]> http://gazette.com/drake-tops-itunes-year-end-music-lists/article/feed/429368?custom_click=rss http://gazette.com/drake-tops-itunes-year-end-music-lists/article/feed/429368?custom_click=rss

NEW YORK (AP) — Drake was all over Apple Music this year, so perhaps no surprise the rapper tops the iTunes music lists as well.

Drake's album "Views" was the best-seller in iTunes, while his hit "One Dance" was the most popular single. Drake debuted his album on Apple Music's Beats 1 Radio back in the spring.

Rihanna, who collaborated with Drake on her smash "Work," held the No. 2 spot on the top album's list with "Anti," while Adele's "25," Frank Ocean's "Blonde" and Justin Bieber's "Purpose" rounded out the top five.

Justin Timberlake's "Can't Stop the Feeling" was the No. 2 song of the year, followed by Rihanna's "Work," Flo Rida's "My House" and Lukas Graham's "7 Years.

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]]> Tue, 06 Dec 2016 21:33:03 -0700 <![CDATA[Trump interjects himself in Air Force One, business deals]]> http://gazette.com/trump-interjects-himself-in-air-force-one-business-deals/article/feed/428988?custom_click=rss http://gazette.com/trump-interjects-himself-in-air-force-one-business-deals/article/feed/428988?custom_click=rss

FAYETTEVILLE, N.C. (AP) — President-elect Donald Trump, a political newcomer who touts his corporate skills, turned businessman-in-chief Tuesday, first demanding the government cancel a multibillion-dollar order for new presidential planes and then hailing a Japanese company's commitment to invest billions in the U.S.

"We will defend American jobs. We have to look at it almost like a war," Trump thundered in North Carolina, vowing to keep companies from moving overseas during the second stop of his "thank you" tour to salute his supporters. "We want the next generation of innovation and production to happen right here in America.

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]]> Tue, 06 Dec 2016 21:27:36 -0700 <![CDATA[Trump DC hotel attracting foreign envoys and controversy]]> http://gazette.com/trump-dc-hotel-attracting-foreign-envoys-and-controversy/article/feed/429293?custom_click=rss http://gazette.com/trump-dc-hotel-attracting-foreign-envoys-and-controversy/article/feed/429293?custom_click=rss

NEW YORK (AP) — Donald Trump's new luxury hotel in Washington, D.C., has been attracting foreign envoys, special interest groups — and a bit of controversy.

One of the latest groups to book the hotel is the Heritage Foundation, a conservative think tank whose big donors gathered there Tuesday night for a speech by Vice President-elect Mike Pence. Pence spoke on Trump administration priorities.

The Heritage Foundation said its decision to use the hotel was driven by space needs.

The Trump International Hotel has come under scrutiny by government ethics experts who worry that foreign governments, special interest groups and others will book rooms and events there to curry favor with the president-elect.

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]]> Tue, 06 Dec 2016 19:59:46 -0700 <![CDATA[High court sides with Samsung in patent dispute with Apple]]> http://gazette.com/high-court-sides-with-samsung-in-patent-dispute-with-apple/article/feed/429104?custom_click=rss http://gazette.com/high-court-sides-with-samsung-in-patent-dispute-with-apple/article/feed/429104?custom_click=rss

WASHINGTON (AP) — The Supreme Court unanimously sided with smartphone maker Samsung on Tuesday in its high-profile patent dispute with Apple over design of the iPhone.

The justices said Samsung may not be required to pay all the profits it earned from 11 phone models because the features it copied from the iPhone were only a part of Samsung's devices.

Cupertino, California-based Apple had won a $399 million judgment against South Korea-based Samsung for infringing parts of the iPhone's patented design, but the case now returns to a lower court to decide what Samsung must pay.

The case is part of a series of disputes between the technology rivals that began in 2011.

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]]> Tue, 06 Dec 2016 19:51:10 -0700 <![CDATA[Apple pays $450,000 for alleged hazardous waste violations]]> http://gazette.com/apple-pays-450000-for-alleged-hazardous-waste-violations/article/feed/429333?custom_click=rss http://gazette.com/apple-pays-450000-for-alleged-hazardous-waste-violations/article/feed/429333?custom_click=rss SAN FRANCISCO (AP) — Apple is paying $450,000 to settle allegations that the iPhone maker operated and closed two hazardous-waste processing plants without submitting the proper paperwork to California environmental regulators.

The agreement announced Tuesday involves a now-closed plant near Apple's Cupertino, California, headquarters and another one in nearby Sunnyvale.

California's Department of Toxic Substances Control alleged Apple opened, ran and then closed the Cupertino plant without regulators' knowledge. The plant processed about 1.1 million pounds of waste created by Apple's devices during a two-year period before closing in 2013, when the operations were moved to Sunnyvale.

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]]> Tue, 06 Dec 2016 18:38:50 -0700 <![CDATA[Mother settles JetBlue lawsuit after son flown to wrong city]]> http://gazette.com/mother-settles-jetblue-lawsuit-after-son-flown-to-wrong-city/article/feed/429335?custom_click=rss http://gazette.com/mother-settles-jetblue-lawsuit-after-son-flown-to-wrong-city/article/feed/429335?custom_click=rss NEW YORK (AP) — A woman has agreed to settle her lawsuit against JetBlue Airways after it mixed up her 5-year-old son with another boy and flew him to the wrong city, her lawyer said Tuesday.

"With regard to the matter of Maribel Martinez, et al v. Jet Blue Airways the parties have agreed to amicably resolve this matter," attorney Sanford Rubenstein said in a written statement.

Details of the settlement weren't disclosed. New York-based JetBlue Airways Corp. declined to comment.

Martinez had charged in the lawsuit that she suffered "great emotional distress, extreme fear, horror, mental shock, mental anguish and psychological trauma" when she went to meet her son's Aug. 17 flight at John F. Kennedy International Airpo

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]]> Tue, 06 Dec 2016 18:38:23 -0700 <![CDATA[Supreme Court orders new look at Apple's award from Samsung]]> http://gazette.com/supreme-court-orders-new-look-at-apples-award-from-samsung/article/1591726?custom_click=rss http://gazette.com/supreme-court-orders-new-look-at-apples-award-from-samsung/article/1591726?custom_click=rss

The U.S. Supreme Court told a lower court to take another look at a $399 million award won by Apple from rival Samsung Electronics for copying the design of the iPhone.

The unanimous decision extends a legal battle that dates back to 2011 and at one point spanned the globe and engulfed every major maker of smartphones.

Writing for the court, Justice Sonia Sotomayor said Apple might not be entitled to Samsung's entire profit on 11 infringing smartphones. She told a federal appeals court to consider whether Apple should be able to recoup profits attributable only to particular components. The high court stopped short of deciding that question itself.

Sotomayor said the lower court's approach "cannot be squared with the

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Tue, 06 Dec 2016 15:42:04 -0700
<![CDATA[Trade gap widened to a four-month high in October]]> http://gazette.com/trade-gap-widened-to-a-four-month-high-in-october/article/1591727?custom_click=rss http://gazette.com/trade-gap-widened-to-a-four-month-high-in-october/article/1591727?custom_click=rss

The U.S. trade deficit widened to a four-month high in October as overseas sales weakened and American companies imported more equipment and consumer goods.

The gap grew to $42.6 billion from the prior month's revised $36.2 billion, Commerce Department figures showed Tuesday. The 17.8 percent increase from September was the largest since March 2015. The Bloomberg survey median called for a $42 billion shortfall.

Stronger demand for imported merchandise indicates trade will weigh on U.S. growth after net exports in the third quarter contributed the most since the end of 2013. What's more, the latest rally in the dollar could squelch prospects for a pickup in exports as American-made goods become more expensive overseas.

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Tue, 06 Dec 2016 15:40:00 -0700
<![CDATA[Banks, retailers take swipes at each other over Dodd-Frank fees]]> http://gazette.com/banks-retailers-take-swipes-at-each-other-over-dodd-frank-fees/article/1591729?custom_click=rss http://gazette.com/banks-retailers-take-swipes-at-each-other-over-dodd-frank-fees/article/1591729?custom_click=rss

Six years ago, when President Obama signed the Dodd-Frank Act into law, America's retailers got a big reduction in the debit-card fees they pay banks. Now, with Donald J. Trump set to take office, they're preparing for a lobbying fight to defend that legislative victory - and the billions they've saved as a result.

Retail industry trade groups are rallying their base to try to beat back a part of the Financial Choice Act, a bill sponsored by House Financial Services Committee Chairman Jeb Hensarling that advanced in September after a 30-26 vote in an acrimonious panel markup. The measure takes a red pen to the core language of Dodd-Frank, including an amendment by Sen. Dick Durbin, the Illinois Democrat.

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Tue, 06 Dec 2016 15:37:32 -0700
<![CDATA[Colorado Springs Movers & Shakers: Brynden Flick]]> http://gazette.com/colorado-springs-movers-shakers-brynden-flick/article/1591734?custom_click=rss http://gazette.com/colorado-springs-movers-shakers-brynden-flick/article/1591734?custom_click=rss

Ent Credit Union has announced that Brynden Flick has been hired as an insurance service representative. Flick has more than four years of experience in the insurance industry and most recently served as an insurance specialist at USAA in Colorado Springs.

Flick is licensed in Colorado for property and casualty, life and health insurance.

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Tue, 06 Dec 2016 15:34:24 -0700
<![CDATA[Colorado Springs defense contractor Infinity wins $14M contract at Schriever AFB]]> http://gazette.com/colorado-springs-defense-contractor-infinity-wins-14m-contract-at-schriever-afb/article/1591732?custom_click=rss http://gazette.com/colorado-springs-defense-contractor-infinity-wins-14m-contract-at-schriever-afb/article/1591732?custom_click=rss

Infinity Systems Engineering LLC has won a five-year, $14 million contract to support the Military Satellite Communications program of the Space and Missile Systems Center that is operated by the 50th Space Wing at Schriever Air Force Base.

The 4th Space Operations Squadron Mission Support contract includes operational communications support, cryptographic and communications security support, protected band watch officer support and quick response services for the Milstar/Advanced Extremely High Frequency system. Infinity has providing the services under a previous contract for five years.

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Tue, 06 Dec 2016 15:22:45 -0700
<![CDATA[Colorado Springs defense contractor Vectrus names new CEO]]> http://gazette.com/colorado-springs-defense-contractor-vectrus-names-new-ceo/article/1591710?custom_click=rss http://gazette.com/colorado-springs-defense-contractor-vectrus-names-new-ceo/article/1591710?custom_click=rss

Vectrus Inc. named Charles "Chuck" Prow as president and CEO Tuesday after the sudden retirement of Ken Hunzeker, who oversaw the 2014 spinoff of the Colorado Springs-based defense contractor from Exelis Inc.

Prow, 57, has spent 25 years as an executive at IBM Corp., PricewaterhouseCoopers and Coopers & Lybrand, working with Department of Defense and other government customers while at IBM, according to a news release from Vectrus. He will receive a $600,000 annual salary plus a bonus of up to $600,000 and incentive awards of up to 900,000 shares of the company's stock, according to documents filed Tuesday with the Securities and Exchange Commission.

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Tue, 06 Dec 2016 13:24:15 -0700
<![CDATA[Aspen tables proposed limit on chain stores]]> http://gazette.com/aspen-tables-proposed-limit-on-chain-stores/article/1591721?custom_click=rss http://gazette.com/aspen-tables-proposed-limit-on-chain-stores/article/1591721?custom_click=rss ASPEN — The Aspen City Council has decided to table a proposal that would limit the number of new chain stores allowed in town.

The Aspen Daily News reports (http://bit.ly/2hccQbm ) that council members on Monday said they wanted to complete work on other new policies coming out of an existing moratorium on new commercial development applications, which is set to expire in February.

Currently the council is working to revise standards, restrictions and parking in the city during the current moratorium on commercial development.

Community development director Jessica Garrow says the chain-store regulations deserve a thorough vetting that should not be mixed up with the current moratorium.

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Tue, 06 Dec 2016 13:04:33 -0700
<![CDATA[Amazon will open a physical grocery store — and it won’t require going through checkout]]> http://gazette.com/amazon-will-open-a-physical-grocery-store-and-it-wont-require-going-through-checkout/article/1591677?custom_click=rss http://gazette.com/amazon-will-open-a-physical-grocery-store-and-it-wont-require-going-through-checkout/article/1591677?custom_click=rss

Amazon.com on Monday said that it will open a bricks-and-mortar grocery store called Amazon Go, an ambitious bid by the once-online-only retailer to gobble up more of Americans’ shopping dollars by taking the fight more directly to traditional supermarkets and big-box stores.

The store will be powered by a web of technology that allows customers to fill their shopping bags and walk out without going through a checkout process, a concept that has long been discussed in the retail industry but that has not been implemented at major U.S. stores. The idea is that it will shave time off the shopping experience. (Jeffrey P. Bezos, the chief executive of Amazon, owns The Washington Post.

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Tue, 06 Dec 2016 06:37:12 -0700
<![CDATA[Colorado Springs Movers & Shakers: Harper Johnson]]> http://gazette.com/colorado-springs-movers-shakers-harper-johnson/article/1591467?custom_click=rss http://gazette.com/colorado-springs-movers-shakers-harper-johnson/article/1591467?custom_click=rss

Harper Johnson will become the chief information officer and associate vice chancellor for information technology at the University of Colorado Colorado Springs.

Johnson is currently director of enterprise solutions at Northern Arizona University in Flagstaff. Before joining NAU, Johnson worked for National Computer Systems. He served in the U.S. Air Force, where he attained the rank of captain and was a KC-135R Stratotanker pilot.

He earned a bachelor's degree from the Air Force Academy and a master's from the University of Phoenix.

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Mon, 05 Dec 2016 16:46:04 -0700
<![CDATA[Jane Young: Understanding stock market indexes]]> http://gazette.com/jane-young-understanding-stock-market-indexes/article/1591522?custom_click=rss http://gazette.com/jane-young-understanding-stock-market-indexes/article/1591522?custom_click=rss

A stock market index provides a benchmark by which you can measure the performance of the stock portion of your portfolio.

An index statistically tracks the movement of a specific grouping of stocks.

There are numerous indexes that range from monitoring performance of the entire market to specific sectors of the market. When referencing an index, it's important to understand what comprises the index and how the stocks are weighted.

The oldest and most widely followed index is the Dow Jones industrial average, or DJIA, founded on May 26, 1896, by Charles Dow. It is composed of 30 stocks from a wide range of industries with the exception to transportation and utilities.

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Mon, 05 Dec 2016 16:43:35 -0700
<![CDATA[Jim Flynn: You can weigh in on embattled Consumer Financial Protection Bureau]]> http://gazette.com/jim-flynn-you-can-weigh-in-on-embattled-consumer-financial-protection-bureau/article/1591523?custom_click=rss http://gazette.com/jim-flynn-you-can-weigh-in-on-embattled-consumer-financial-protection-bureau/article/1591523?custom_click=rss

The Consumer Financial Protection Bureau (CFPB) is a child of the Great Recession, having been created as part of the massive 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. Since its inception, the CFPB has sought to carry out the assignment given it by Congress. That assignment, in the CFPB's own words, includes making "consumer financial markets work for consumers, responsible providers and the economy as a whole"; "protecting consumers from unfair, deceptive or abusive practices"; and arming "people with the information, steps and tools they need to make smart financial decisions.

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Mon, 05 Dec 2016 16:42:09 -0700
<![CDATA[Colorado Springs new-car market stays hot in November]]> http://gazette.com/colorado-springs-new-car-market-stays-hot-in-november/article/1591656?custom_click=rss http://gazette.com/colorado-springs-new-car-market-stays-hot-in-november/article/1591656?custom_click=rss

A month after a July hailstorm helped push the Colorado Springs new car market to an 11-year high in October, new vehicle registrations continued rising in November, according to a report from the El Paso County Clerk and Recorder's Office.

The 2,337 new vehicles registered last month were up 14.3 percent from November 2015 but was down more than 20 percent from the 3,030 new cars and trucks registered in October. The October total was the most since registrations hit a record 3,222 vehicles in August 2005, which industry officials attributed to a July 28 hailstorm that pounded Colorado Springs and triggered more than 50,000 auto insurance claims. As a result, registrations for the first 10 months of the year are down just 53

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Mon, 05 Dec 2016 15:30:11 -0700