<![CDATA[Colorado Springs Gazette RSS - business]]> http://gazette.com/rss/business Mon, 02 Mar 2015 17:40:01 -0700 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[WIRELESS SHOW PHOTO GALLERY: On the ground in Barcelona]]> http://gazette.com/wireless-show-photo-gallery-on-the-ground-in-barcelona/article/feed/210028?custom_click=rss http://gazette.com/wireless-show-photo-gallery-on-the-ground-in-barcelona/article/feed/210028?custom_click=rss

BARCELONA, Spain (AP) — Couldn't be in Barcelona this week?

Here's a look from the floor of the wireless show as gadget heavy weight Samsung released its fancy new S6 Edge and Gear virtual reality headset, Google announced a foray into the wireless data plan market, and Facebook's Mark Zuckerberg talked about getting the world online.

The show opened Monday and continues until Thursday.

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Photographers Manu Fernandez and Emilio Morenatti contributed.

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]]> BARCELONA, Spain (AP) — Couldn't be in Barcelona this week?

Here's a look from the floor of the wireless show as gadget heavy weight Samsung released its fancy new S6 Edge and Gear virtual reality headset, Google announced a foray into the wireless data plan market, and Facebook's Mark Zuckerberg talked about getting the world online.

The show opened Monday and continues until Thursday.

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Photographers Manu Fernandez and Emilio Morenatti contributed.]]> Mon, 02 Mar 2015 18:33:04 -0700 <![CDATA[Ohio sues BP for more than $33M in cleanup of storage tanks]]> http://gazette.com/ohio-sues-bp-for-more-than-33m-in-cleanup-of-storage-tanks/article/feed/210054?custom_click=rss http://gazette.com/ohio-sues-bp-for-more-than-33m-in-cleanup-of-storage-tanks/article/feed/210054?custom_click=rss COLUMBUS, Ohio (AP) — Ohio is suing oil and gas company BP for more than $33 million, alleging it double dipped by taking state funds and money from insurers to clean up accidental leaks from underground storage tanks at hundreds of its gas stations around the state.

The state's attorney general and the Ohio Petroleum Underground Storage Tank Release Compensation Board filed the lawsuit Monday. The board administers a fund used as a last resort when tank owners lack coverage or don't accept insurance money.

The lawsuit alleges London-based BP wrongfully obtained $33.3 million in reimbursements from the fund, saying it had no insurance for the leaks when it often accepted insurance money for the same releases.

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]]> COLUMBUS, Ohio (AP) — Ohio is suing oil and gas company BP for more than $33 million, alleging it double dipped by taking state funds and money from insurers to clean up accidental leaks from underground storage tanks at hundreds of its gas stations around the state.

The state's attorney general and the Ohio Petroleum Underground Storage Tank Release Compensation Board filed the lawsuit Monday. The board administers a fund used as a last resort when tank owners lack coverage or don't accept insurance money.

The lawsuit alleges London-based BP wrongfully obtained $33.3 million in reimbursements from the fund, saying it had no insurance for the leaks when it often accepted insurance money for the same releases.]]> Mon, 02 Mar 2015 18:32:02 -0700 <![CDATA[Nurse who survived Ebola sues Dallas hospital system]]> http://gazette.com/nurse-who-survived-ebola-sues-dallas-hospital-system/article/feed/209862?custom_click=rss http://gazette.com/nurse-who-survived-ebola-sues-dallas-hospital-system/article/feed/209862?custom_click=rss

DALLAS (AP) — The Dallas hospital that treated the first patient to be diagnosed in the U.S. with Ebola lied to Congress when it said its staff was trained to handle the deadly virus, a nurse who contracted the disease contends in a lawsuit filed Monday.

Nina Pham, who was an intensive care unit nurse at Texas Health Presbyterian Hospital Dallas, says after being told last fall that she would be treating a patient suspected of having Ebola, "the sum total" of information she was given to protect herself was "what her manager 'Googled' and printed out from the Internet."

She says in her lawsuit that the day after getting that information, the patient, Thomas Eric Duncan, tested positive for the disease.

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]]> DALLAS (AP) — The Dallas hospital that treated the first patient to be diagnosed in the U.S. with Ebola lied to Congress when it said its staff was trained to handle the deadly virus, a nurse who contracted the disease contends in a lawsuit filed Monday.

Nina Pham, who was an intensive care unit nurse at Texas Health Presbyterian Hospital Dallas, says after being told last fall that she would be treating a patient suspected of having Ebola, "the sum total" of information she was given to protect herself was "what her manager 'Googled' and printed out from the Internet."

She says in her lawsuit that the day after getting that information, the patient, Thomas Eric Duncan, tested positive for the disease.]]> Mon, 02 Mar 2015 18:31:35 -0700 <![CDATA[Lumber Liquidators stands behind products as stock plunges]]> http://gazette.com/lumber-liquidators-stands-behind-products-as-stock-plunges/article/feed/209909?custom_click=rss http://gazette.com/lumber-liquidators-stands-behind-products-as-stock-plunges/article/feed/209909?custom_click=rss TOANO, Va. (AP) — Lumber Liquidators is refuting a "60 Minutes" report that raised health concerns about some of its laminate flooring products and pushed its stock price to its lowest level in more than two years.

In a Monday filing with the Securities and Exchange Commission, Lumber Liquidators said all of its laminate flooring meets the safety standards set by regulators throughout the U.S. The defense came the day after "60 Minutes" aired findings that some of Lumber Liquidators' flooring made in China had high levels of formaldehyde, a carcinogen.

The tests by three certified labs concluded the amounts of formaldehyde failed to meet California's emissions standards.

Lumber Liquidators' stock plunged $13.03, or 25

Read more on Colorado Springs Gazette


]]> TOANO, Va. (AP) — Lumber Liquidators is refuting a "60 Minutes" report that raised health concerns about some of its laminate flooring products and pushed its stock price to its lowest level in more than two years.

In a Monday filing with the Securities and Exchange Commission, Lumber Liquidators said all of its laminate flooring meets the safety standards set by regulators throughout the U.S. The defense came the day after "60 Minutes" aired findings that some of Lumber Liquidators' flooring made in China had high levels of formaldehyde, a carcinogen.

The tests by three certified labs concluded the amounts of formaldehyde failed to meet California's emissions standards.

Lumber Liquidators' stock plunged $13.03, or 25]]> Mon, 02 Mar 2015 18:30:36 -0700 <![CDATA[What to expect from Costco's new deal with Visa and Citi]]> http://gazette.com/what-to-expect-from-costcos-new-deal-with-visa-and-citi/article/feed/210010?custom_click=rss http://gazette.com/what-to-expect-from-costcos-new-deal-with-visa-and-citi/article/feed/210010?custom_click=rss

NEW YORK (AP) — If you're shopping at Costco, you'll need a new credit card to pay for those family-sized packs of chicken breasts or toilet paper.

After only accepting American Express the last 16 years, the retailer is switching to Visa and will use Citigroup as its exclusive provider of co-branded credit cards.

Costco is a large and influential chain. It is the world's second-largest retailer by revenue, and has 671 locations around the world, including 474 in the U.S. and Puerto Rico. For an annual fee of $55 to $110, shoppers get access to groceries in bulk sizes, as well as appliances, jewelry, home goods and other products.

The switch from AmEx to Visa could mean changes for some of those customers.

Read more on Colorado Springs Gazette


]]> NEW YORK (AP) — If you're shopping at Costco, you'll need a new credit card to pay for those family-sized packs of chicken breasts or toilet paper.

After only accepting American Express the last 16 years, the retailer is switching to Visa and will use Citigroup as its exclusive provider of co-branded credit cards.

Costco is a large and influential chain. It is the world's second-largest retailer by revenue, and has 671 locations around the world, including 474 in the U.S. and Puerto Rico. For an annual fee of $55 to $110, shoppers get access to groceries in bulk sizes, as well as appliances, jewelry, home goods and other products.

The switch from AmEx to Visa could mean changes for some of those customers.]]> Mon, 02 Mar 2015 18:30:36 -0700 <![CDATA[Watchdog: Air traffic control system is a hacking risk]]> http://gazette.com/watchdog-air-traffic-control-system-is-a-hacking-risk/article/feed/209993?custom_click=rss http://gazette.com/watchdog-air-traffic-control-system-is-a-hacking-risk/article/feed/209993?custom_click=rss WASHINGTON (AP) — The nation's system for guiding planes and other aircraft is at "increased and unnecessary risk" of being hacked, according to a report by government watchdog released Monday.

The Federal Aviation Administration has taken steps to protect the air traffic control system from cyber-based threats, but "significant security control weaknesses remain, threatening the agency's ability to ensure the safe and uninterrupted operation," said the report by the Government Accountability Office.

One area of weakness is the ability to prevent and detect unauthorized access to the vast network of computer and communications systems the FAA uses to process and track flights around the world, the report said.

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]]> WASHINGTON (AP) — The nation's system for guiding planes and other aircraft is at "increased and unnecessary risk" of being hacked, according to a report by government watchdog released Monday.

The Federal Aviation Administration has taken steps to protect the air traffic control system from cyber-based threats, but "significant security control weaknesses remain, threatening the agency's ability to ensure the safe and uninterrupted operation," said the report by the Government Accountability Office.

One area of weakness is the ability to prevent and detect unauthorized access to the vast network of computer and communications systems the FAA uses to process and track flights around the world, the report said.]]> Mon, 02 Mar 2015 18:30:36 -0700 <![CDATA[Caesars reports 4Q, annual losses; CEO encouraged by 2015]]> http://gazette.com/caesars-reports-4q-annual-losses-ceo-encouraged-by-2015/article/feed/210053?custom_click=rss http://gazette.com/caesars-reports-4q-annual-losses-ceo-encouraged-by-2015/article/feed/210053?custom_click=rss LAS VEGAS (AP) — LAS VEGAS (AP) — The gambling gods were not kind to Caesars Entertainment Corp. in the fourth quarter.

The Las Vegas company reported a loss of over $1 billion during the final three months of the year that featured what its CEO called an "unprecedented" run of bad luck at its flagship casino, Caesars Palace, that led to the house dropping $60 million at its own table games.

The losing streak at Caesars Palace, along with the costs to start up new restaurants and properties as well as overhead expenses, was enough to offset encouraging new revenue from its properties online and on the ground, said Caesars Entertainment CEO Gary Loveman in a conference call with financial analysts Monday.

Caesars Ent

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]]> LAS VEGAS (AP) — LAS VEGAS (AP) — The gambling gods were not kind to Caesars Entertainment Corp. in the fourth quarter.

The Las Vegas company reported a loss of over $1 billion during the final three months of the year that featured what its CEO called an "unprecedented" run of bad luck at its flagship casino, Caesars Palace, that led to the house dropping $60 million at its own table games.

The losing streak at Caesars Palace, along with the costs to start up new restaurants and properties as well as overhead expenses, was enough to offset encouraging new revenue from its properties online and on the ground, said Caesars Entertainment CEO Gary Loveman in a conference call with financial analysts Monday.

Caesars Ent]]> Mon, 02 Mar 2015 18:30:34 -0700 <![CDATA[Nasdaq 5,000: index passes dot-com milestone after 15 years]]> http://gazette.com/nasdaq-5000-index-passes-dot-com-milestone-after-15-years/article/feed/209994?custom_click=rss http://gazette.com/nasdaq-5000-index-passes-dot-com-milestone-after-15-years/article/feed/209994?custom_click=rss

NEW YORK (AP) — For the first time since its dot-com era peak nearly 15 years ago, the Nasdaq composite has closed above 5,000.

Major U.S. indexes rose from the start, with the Nasdaq passing the milestone number shortly before noon. The tech-heavy index then dropped, but rose again toward the close of trading to end at 5,008.10 on Monday, just 40 points from its March 2000 record. Merger news and an encouraging economic report drove the gains.

The long climb back for the Nasdaq, once a symbol of investor recklessness and self-delusion, has been marked by significant changes in its composition. Telecommunications stocks now represent less than 1 percent of the index, versus 12 percent in 2000.

Read more on Colorado Springs Gazette


]]> NEW YORK (AP) — For the first time since its dot-com era peak nearly 15 years ago, the Nasdaq composite has closed above 5,000.

Major U.S. indexes rose from the start, with the Nasdaq passing the milestone number shortly before noon. The tech-heavy index then dropped, but rose again toward the close of trading to end at 5,008.10 on Monday, just 40 points from its March 2000 record. Merger news and an encouraging economic report drove the gains.

The long climb back for the Nasdaq, once a symbol of investor recklessness and self-delusion, has been marked by significant changes in its composition. Telecommunications stocks now represent less than 1 percent of the index, versus 12 percent in 2000.]]> Mon, 02 Mar 2015 18:16:10 -0700 <![CDATA[WIRELESS SHOW HIGHLIGHTS: New phones, new ways to connect]]> http://gazette.com/wireless-show-highlights-new-phones-new-ways-to-connect/article/feed/210025?custom_click=rss http://gazette.com/wireless-show-highlights-new-phones-new-ways-to-connect/article/feed/210025?custom_click=rss

NEW YORK (AP) — High-end smartphones from Samsung and HTC have gotten much of the attention at this week's wireless show in Barcelona, Spain, but cheaper options are coming from Microsoft, Lenovo and others too. Meanwhile, Google and Facebook are working on giving people more ways to use those devices.

Here's a look at what's been unveiled so far at the Mobile World Congress show, which opened Monday and runs through Thursday:

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AT THE HIGH END:

Samsung Electronics Co. announced the Galaxy S6 phones, with an improved camera and a more stylish design that ditches plastic for metal and glass.

Read more on Colorado Springs Gazette


]]> NEW YORK (AP) — High-end smartphones from Samsung and HTC have gotten much of the attention at this week's wireless show in Barcelona, Spain, but cheaper options are coming from Microsoft, Lenovo and others too. Meanwhile, Google and Facebook are working on giving people more ways to use those devices.

Here's a look at what's been unveiled so far at the Mobile World Congress show, which opened Monday and runs through Thursday:

___

AT THE HIGH END:

Samsung Electronics Co. announced the Galaxy S6 phones, with an improved camera and a more stylish design that ditches plastic for metal and glass.]]> Mon, 02 Mar 2015 18:16:07 -0700 <![CDATA[Business Highlights]]> http://gazette.com/business-highlights/article/feed/234?custom_click=rss http://gazette.com/business-highlights/article/feed/234?custom_click=rss ___

Dot-com deja vu: Nasdaq tops 5,000, approaching record high

NEW YORK (AP) — The last time the Nasdaq was this high, Bill Clinton was president, your Internet connection was probably still dial-up and the iPod, iPhone and iPad didn't exist.

Fifteen years later the Nasdaq has again closed above 5,000 and is close to topping its record from the dot-com boom. The index has clawed back, riding a six-year bull market, and is now 40 points from its all-time closing high of 5,048.62 reached March 10, 2000.

But this isn't the Nasdaq of Pets.com and Webvan, when companies were valued on "cash burn rates" and "eyeballs.

Read more on Colorado Springs Gazette


]]> ___

Dot-com deja vu: Nasdaq tops 5,000, approaching record high

NEW YORK (AP) — The last time the Nasdaq was this high, Bill Clinton was president, your Internet connection was probably still dial-up and the iPod, iPhone and iPad didn't exist.

Fifteen years later the Nasdaq has again closed above 5,000 and is close to topping its record from the dot-com boom. The index has clawed back, riding a six-year bull market, and is now 40 points from its all-time closing high of 5,048.62 reached March 10, 2000.

But this isn't the Nasdaq of Pets.com and Webvan, when companies were valued on "cash burn rates" and "eyeballs.]]> Mon, 02 Mar 2015 18:16:07 -0700 <![CDATA[Weekly US Treasury bill auction produces mixed results]]> http://gazette.com/weekly-us-treasury-bill-auction-produces-mixed-results/article/feed/210024?custom_click=rss http://gazette.com/weekly-us-treasury-bill-auction-produces-mixed-results/article/feed/210024?custom_click=rss WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills rising, while rates on three-month bills dipped to their lowest level since mid-October.

The Treasury Department auctioned $26 billion in three-month bills at a discount rate of 0.015 percent, down from 0.020 percent last week. Another $26 billion in six-month bills was auctioned at a discount rate of 0.075 percent, up from 0.065 percent last week.

The three-month rate was the lowest since three-month bills averaged 0.010 percent on Oct. 14. The six-month rate was the highest since those bills averaged 0.085 percent on Feb. 9.

The discount rates reflect that the bills sell for less than face value

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]]> WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on six-month bills rising, while rates on three-month bills dipped to their lowest level since mid-October.

The Treasury Department auctioned $26 billion in three-month bills at a discount rate of 0.015 percent, down from 0.020 percent last week. Another $26 billion in six-month bills was auctioned at a discount rate of 0.075 percent, up from 0.065 percent last week.

The three-month rate was the lowest since three-month bills averaged 0.010 percent on Oct. 14. The six-month rate was the highest since those bills averaged 0.085 percent on Feb. 9.

The discount rates reflect that the bills sell for less than face value]]> Mon, 02 Mar 2015 18:16:02 -0700 <![CDATA[Mylan tops 4Q profit forecasts before move overseas]]> http://gazette.com/mylan-tops-4q-profit-forecasts-before-move-overseas/article/feed/210017?custom_click=rss http://gazette.com/mylan-tops-4q-profit-forecasts-before-move-overseas/article/feed/210017?custom_click=rss NEW YORK (AP) — Drugmaker Mylan on Monday reported an adjusted profit that topped analyst expectations.

The company earned $189.2 million, or 47 cents per share, in the fourth quarter. That came to $1.05 per share when one-time charges and gains are excluded. Analysts expected $1.04 per share, according to Zacks Investment Research.

Mylan's $2.08 billion in revenue missed analysts' prediction of $2.09 billion, however.

For the year, the company reported a profit of $929.4 million, or $2.34 per share, on $7.72 billion in revenue.

On Friday Mylan completed its purchase of an Abbott Laboratories division that does business in developed markets outside the U.S., selling specialty drugs and generic drugs marketed und

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]]> NEW YORK (AP) — Drugmaker Mylan on Monday reported an adjusted profit that topped analyst expectations.

The company earned $189.2 million, or 47 cents per share, in the fourth quarter. That came to $1.05 per share when one-time charges and gains are excluded. Analysts expected $1.04 per share, according to Zacks Investment Research.

Mylan's $2.08 billion in revenue missed analysts' prediction of $2.09 billion, however.

For the year, the company reported a profit of $929.4 million, or $2.34 per share, on $7.72 billion in revenue.

On Friday Mylan completed its purchase of an Abbott Laboratories division that does business in developed markets outside the U.S., selling specialty drugs and generic drugs marketed und]]> Mon, 02 Mar 2015 18:01:20 -0700 <![CDATA[New FDA official inherits raft of projects, challenges]]> http://gazette.com/new-fda-official-inherits-raft-of-projects-challenges/article/feed/209863?custom_click=rss http://gazette.com/new-fda-official-inherits-raft-of-projects-challenges/article/feed/209863?custom_click=rss WASHINGTON (AP) — One of the nation's leading medical researchers joined the Food and Drug Administration on Monday, taking on the agency's No. 2 leadership job at a critical juncture for prescription drugs, medical devices and tobacco products.

Dr. Robert Califf comes to the job of FDA deputy commissioner after more than 30 years as a researcher and administrator at Duke University. But Califf, 63, is no stranger to FDA issues. For years he served on committees that advise the FDA on scientific and medical matters. And he was considered for the agency's top job at least twice, under the administrations of Presidents George W. Bush and Barack Obama.

The timing of his appointment has raised speculation that he may eventually

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]]> WASHINGTON (AP) — One of the nation's leading medical researchers joined the Food and Drug Administration on Monday, taking on the agency's No. 2 leadership job at a critical juncture for prescription drugs, medical devices and tobacco products.

Dr. Robert Califf comes to the job of FDA deputy commissioner after more than 30 years as a researcher and administrator at Duke University. But Califf, 63, is no stranger to FDA issues. For years he served on committees that advise the FDA on scientific and medical matters. And he was considered for the agency's top job at least twice, under the administrations of Presidents George W. Bush and Barack Obama.

The timing of his appointment has raised speculation that he may eventually]]> Mon, 02 Mar 2015 17:32:28 -0700 <![CDATA[Dot-com deja vu: Nasdaq tops 5,000, approaching record high]]> http://gazette.com/dot-com-deja-vu-nasdaq-tops-5000-approaching-record-high/article/feed/209742?custom_click=rss http://gazette.com/dot-com-deja-vu-nasdaq-tops-5000-approaching-record-high/article/feed/209742?custom_click=rss

NEW YORK (AP) — The last time the Nasdaq was this high, Bill Clinton was president, your Internet connection was probably still dial-up and the iPod, iPhone and iPad didn't exist.

Fifteen years later the Nasdaq has again closed above 5,000 and is close to topping its record from the dot-com boom. The index has clawed back, riding a six-year bull market, and is now 40 points from its all-time closing high of 5,048.62 reached March 10, 2000.

But this isn't the Nasdaq of Pets.com and Webvan, when companies were valued on "cash burn rates" and "eyeballs."

"Certainly, the Nasdaq at 5,000 conjures up images of a tech bubble," said Jack Ablin, chief investment officer at BMO Private Bank.

Read more on Colorado Springs Gazette


]]> NEW YORK (AP) — The last time the Nasdaq was this high, Bill Clinton was president, your Internet connection was probably still dial-up and the iPod, iPhone and iPad didn't exist.

Fifteen years later the Nasdaq has again closed above 5,000 and is close to topping its record from the dot-com boom. The index has clawed back, riding a six-year bull market, and is now 40 points from its all-time closing high of 5,048.62 reached March 10, 2000.

But this isn't the Nasdaq of Pets.com and Webvan, when companies were valued on "cash burn rates" and "eyeballs."

"Certainly, the Nasdaq at 5,000 conjures up images of a tech bubble," said Jack Ablin, chief investment officer at BMO Private Bank.]]> Mon, 02 Mar 2015 17:31:43 -0700 <![CDATA[Lumber Liquidators and Endo are big market movers]]> http://gazette.com/lumber-liquidators-and-endo-are-big-market-movers/article/feed/210002?custom_click=rss http://gazette.com/lumber-liquidators-and-endo-are-big-market-movers/article/feed/210002?custom_click=rss NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Freescale Semiconductor Ltd., up $4.25 to $40.36

The chipmaker agreed to be acquired by Dutch company NXP Semiconductors in a cash-and-stock deal worth about $12 billion.

Lumber Liquidators Holdings Inc., down $13.03 to $38.83

The company disputed a "60 Minutes" report that raised health concerns about some of its laminate flooring products.

Nasdaq

Endo International PLC, up $1.72 to $87.32

The health care company reported better-than-expected fourth-quarter results and will sell a unit to Boston Scientific.

BioScrip Inc., down 91 cents to $5.

Read more on Colorado Springs Gazette


]]> NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Freescale Semiconductor Ltd., up $4.25 to $40.36

The chipmaker agreed to be acquired by Dutch company NXP Semiconductors in a cash-and-stock deal worth about $12 billion.

Lumber Liquidators Holdings Inc., down $13.03 to $38.83

The company disputed a "60 Minutes" report that raised health concerns about some of its laminate flooring products.

Nasdaq

Endo International PLC, up $1.72 to $87.32

The health care company reported better-than-expected fourth-quarter results and will sell a unit to Boston Scientific.

BioScrip Inc., down 91 cents to $5.]]> Mon, 02 Mar 2015 17:15:44 -0700 <![CDATA[New-vehicle registrations in El Paso County hit the slow lane in February]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/new-vehicle-registrations-in-el-paso-county-hit-the-slow-lane-in-february/article/1547202?custom_click=rss http://gazette.com/new-vehicle-registrations-in-el-paso-county-hit-the-slow-lane-in-february/article/1547202?custom_click=rss

After hitting a 10-year high last year, the automobile and truck market in El Paso County has gone into reverse.

According to the El Paso County Clerk and Recorder's Office, the number of new vehicles registered in the county last month fell 15.4 percent from February 2014 to 1,662. It marks the third decline in the past four months and the lowest monthly total in two years.

Registrations also declined in January compared with the same month in 2014, are down 16.4 percent so far this year from the same period last year to 3,792.

Nonetheless, local dealers aren't panicked. The recent spate of nasty weather may have put a dent in car purchases. And, after a sizzling start last year, most anything would look anemic in



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]]>
After hitting a 10-year high last year, the automobile and truck market in El Paso County has gone into reverse.

According to the El Paso County Clerk and Recorder's Office, the number of new vehicles registered in the county last month fell 15.4 percent from February 2014 to 1,662. It marks the third decline in the past four months and the lowest monthly total in two years.

Registrations also declined in January compared with the same month in 2014, are down 16.4 percent so far this year from the same period last year to 3,792.

Nonetheless, local dealers aren't panicked. The recent spate of nasty weather may have put a dent in car purchases. And, after a sizzling start last year, most anything would look anemic in

]]>
Mon, 02 Mar 2015 17:00:18 -0700
<![CDATA[MOVERS & SHAKERS]]> The Gazette - http://gazette.com/movers-shakers/article/1547199?custom_click=rss http://gazette.com/movers-shakers/article/1547199?custom_click=rss Realtor Jean Wheaton of Re/Max Properties Inc. in Monument has qualified for the Re/Max Diamond Award Club for 2014. Fewer than half of 1 percent of the Re/Max network received the honor last year. The award recognizes agents whose gross commission is at least $1 million. Wheaton has been an agent with the company for 13 years.

Read more on Colorado Springs Gazette


]]>
Realtor Jean Wheaton of Re/Max Properties Inc. in Monument has qualified for the Re/Max Diamond Award Club for 2014. Fewer than half of 1 percent of the Re/Max network received the honor last year. The award recognizes agents whose gross commission is at least $1 million. Wheaton has been an agent with the company for 13 years.]]> Mon, 02 Mar 2015 15:05:01 -0700
<![CDATA[Slideshow: Forbes list of the 10 richest people in the world]]> Associated Press http://gazette.com/slideshow-forbes-list-of-the-10-richest-people-in-the-world/article/1547197?custom_click=rss http://gazette.com/slideshow-forbes-list-of-the-10-richest-people-in-the-world/article/1547197?custom_click=rss

NEW YORK — Bill Gates, the founder of technology company Microsoft Corp., toppedForbes' 2015 list of the world's top billionaires for the second straight year. In 2013, Mexican billionaire Carlos Slim Helu was on top. He ranked second this time.

Forbes said it calculated each person's net worth based on stock prices and exchange rates on Feb. 13, 2014.

Here's a slideshow of the Top 10:

 

Forbes: http://www.forbes.



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]]>
NEW YORK — Bill Gates, the founder of technology company Microsoft Corp., toppedForbes' 2015 list of the world's top billionaires for the second straight year. In 2013, Mexican billionaire Carlos Slim Helu was on top. He ranked second this time.

Forbes said it calculated each person's net worth based on stock prices and exchange rates on Feb. 13, 2014.

Here's a slideshow of the Top 10:

 

Forbes: http://www.forbes.

]]>
Mon, 02 Mar 2015 14:20:45 -0700
<![CDATA[Get a Job Monday: Spice up your career with Discover Goodwill]]> By Eric Singer, eric.singer@gazette.com - http://gazette.com/get-a-job-monday-spice-up-your-career-with-discover-goodwill/article/1547186?custom_click=rss http://gazette.com/get-a-job-monday-spice-up-your-career-with-discover-goodwill/article/1547186?custom_click=rss Discover Goodwill is a hidden gem that is being spotlighted on our Get a Job Monday segment for careers and job futures. The nonprofit operates not only retail and donation centers throughout southern and western Colorado, but also has more than 20 community-based programs and services.

Discover Goodwill is hiring for a wide variety of positions including caregivers, case managers, classroom instructors, nursing assistants, child care licensing specialists and more.

Go to www.discovermygoodwill.org for more information or email jeannecotter@elpasoco.com.



Read more on Colorado Springs Gazette


]]>
Discover Goodwill is a hidden gem that is being spotlighted on our Get a Job Monday segment for careers and job futures. The nonprofit operates not only retail and donation centers throughout southern and western Colorado, but also has more than 20 community-based programs and services.

Discover Goodwill is hiring for a wide variety of positions including caregivers, case managers, classroom instructors, nursing assistants, child care licensing specialists and more.

Go to www.discovermygoodwill.org for more information or email jeannecotter@elpasoco.com.

]]>
Mon, 02 Mar 2015 09:26:57 -0700
<![CDATA[Colorado landscape marred by oil and gas boom scars]]> Associated Press http://gazette.com/colorado-landscape-marred-by-oil-and-gas-boom-scars/article/1547180?custom_click=rss http://gazette.com/colorado-landscape-marred-by-oil-and-gas-boom-scars/article/1547180?custom_click=rss DENVER — Oil and gas companies have yet to fully restore land around half of the 47,000 inactive wells in Colorado and 72 percent of those unrestored sites have been in the process for more than five years, The Denver Post reported Sunday.

The state requires oil and gas companies to restore all sites completely to reduce erosion, loosen compacted soil, prevent dust storms and control invasions of noxious weeds.

According to the Denver Post (http://tinyurl.com/k96tr9z ), Colorado does not set a timetable for getting the job done. The state also does not require companies to submit reclamation plans before drilling.

Land restoration falls to the state when well owners can't be located.

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DENVER — Oil and gas companies have yet to fully restore land around half of the 47,000 inactive wells in Colorado and 72 percent of those unrestored sites have been in the process for more than five years, The Denver Post reported Sunday.

The state requires oil and gas companies to restore all sites completely to reduce erosion, loosen compacted soil, prevent dust storms and control invasions of noxious weeds.

According to the Denver Post (http://tinyurl.com/k96tr9z ), Colorado does not set a timetable for getting the job done. The state also does not require companies to submit reclamation plans before drilling.

Land restoration falls to the state when well owners can't be located.

___

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Mon, 02 Mar 2015 06:17:12 -0700
<![CDATA[Voice of the Consumer: Phone scams no laughing matter]]> BY BETTY SEXTON KKTV11 News - http://gazette.com/voice-of-the-consumer-phone-scams-no-laughing-matter/article/1547156?custom_click=rss http://gazette.com/voice-of-the-consumer-phone-scams-no-laughing-matter/article/1547156?custom_click=rss

This scam is taking southern Colorado by storm, again.

In the last two weeks I have heard from more than 50 people who have received recorded messages from a man with an accent claiming to be Steve Martin.

It's not the comedian or a law enforcement officer, but a crook who's trying to scare you into coughing up cash. Don't listen to his messages and feel free to report them to the Treasury Inspector General for Tax Administration. The hotline number is 800-366-4484.

This latest round of calls includes two phone messages. The first tells you not to ignore the call. The second is a warning that if you don't respond it will be considered, "a second offense."

It's baloney. The U.S. Treasury will never call and

Read more on Colorado Springs Gazette


]]> This scam is taking southern Colorado by storm, again.

In the last two weeks I have heard from more than 50 people who have received recorded messages from a man with an accent claiming to be Steve Martin.

It's not the comedian or a law enforcement officer, but a crook who's trying to scare you into coughing up cash. Don't listen to his messages and feel free to report them to the Treasury Inspector General for Tax Administration. The hotline number is 800-366-4484.

This latest round of calls includes two phone messages. The first tells you not to ignore the call. The second is a warning that if you don't respond it will be considered, "a second offense."

It's baloney. The U.S. Treasury will never call and]]> Mon, 02 Mar 2015 04:10:21 -0700 <![CDATA[Leadership change takes place at Broadmoor in Colorado Springs]]> By rich laden rich.laden@gazette.com - http://gazette.com/leadership-change-takes-place-at-broadmoor-in-colorado-springs/article/1547143?custom_click=rss http://gazette.com/leadership-change-takes-place-at-broadmoor-in-colorado-springs/article/1547143?custom_click=rss

Jack Damioli takes over today from Steve Bartolin as only the seventh president and CEO in the nearly 97-year history of The Broadmoor hotel.

But Damioli isn't just following in Bartolin's footsteps; he has practically been wearing the same shoes as Bartolin for much of his life.

Both grew up in small towns near Youngstown, Ohio. Both were athletes in school. Both had sports careers in mind.

Both got their starts in the hospitality industry in the same place, working in the golf club bag room of The Greenbrier resort in West Virginia.



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]]>
Jack Damioli takes over today from Steve Bartolin as only the seventh president and CEO in the nearly 97-year history of The Broadmoor hotel.

But Damioli isn't just following in Bartolin's footsteps; he has practically been wearing the same shoes as Bartolin for much of his life.

Both grew up in small towns near Youngstown, Ohio. Both were athletes in school. Both had sports careers in mind.

Both got their starts in the hospitality industry in the same place, working in the golf club bag room of The Greenbrier resort in West Virginia.

]]>
Sun, 01 Mar 2015 09:18:39 -0700
<![CDATA[Centennial-based health care technology group expanding into Colorado Springs]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/centennial-based-health-care-technology-group-expanding-into-colorado-springs/article/1547059?custom_click=rss http://gazette.com/centennial-based-health-care-technology-group-expanding-into-colorado-springs/article/1547059?custom_click=rss

Prime Health Collaborative, a Centennial-based group that works to build links between Colorado's technology and health care industries, will meet next month in Colorado Springs to expand those efforts to southern Colorado.

Up to 75 health care industry executives, doctors, investors and entrepreneurs are expected to attend the group's first local meeting March 18 in the offices of CodeBaby Corp., which develops virtual online assistants for health insurers, financial services firms and government agencies.

The free meeting will feature presentations by representatives from the collaborative, CodeBaby, Parkview Medical Center in Pueblo and local venture capital fund manager PV Ventures LLC.



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Prime Health Collaborative, a Centennial-based group that works to build links between Colorado's technology and health care industries, will meet next month in Colorado Springs to expand those efforts to southern Colorado.

Up to 75 health care industry executives, doctors, investors and entrepreneurs are expected to attend the group's first local meeting March 18 in the offices of CodeBaby Corp., which develops virtual online assistants for health insurers, financial services firms and government agencies.

The free meeting will feature presentations by representatives from the collaborative, CodeBaby, Parkview Medical Center in Pueblo and local venture capital fund manager PV Ventures LLC.

]]>
Sat, 28 Feb 2015 20:32:25 -0700
<![CDATA[Waste Management closing public recycling site in Colorado Springs]]> By rich laden rich.laden@gazette.com - http://gazette.com/waste-management-closing-public-recycling-site-in-colorado-springs/article/1547063?custom_click=rss http://gazette.com/waste-management-closing-public-recycling-site-in-colorado-springs/article/1547063?custom_click=rss

Waste Management is closing the public drop-off portion of its Colorado Springs recycling center, citing the cost of cleaning up blowing litter and problems with contaminated items left at the site.

The center, at 604 4th St. in a mostly industrial area northeast of Nevada Avenue and Fillmore Street, will close to the public Friday. But the center will continue to operate as a collection point for commercial materials, and no employees will lose jobs, said Lara Rezzarday, a spokeswoman in the company's Denver office.

The center, open for more than a decade, was a place where the public could drop off newspapers, cardboard, glass and other items into large containers, which were then taken elsewhere for recycling.

Read more on Colorado Springs Gazette


]]> Waste Management is closing the public drop-off portion of its Colorado Springs recycling center, citing the cost of cleaning up blowing litter and problems with contaminated items left at the site.

The center, at 604 4th St. in a mostly industrial area northeast of Nevada Avenue and Fillmore Street, will close to the public Friday. But the center will continue to operate as a collection point for commercial materials, and no employees will lose jobs, said Lara Rezzarday, a spokeswoman in the company's Denver office.

The center, open for more than a decade, was a place where the public could drop off newspapers, cardboard, glass and other items into large containers, which were then taken elsewhere for recycling.]]> Sat, 28 Feb 2015 04:10:39 -0700 <![CDATA[MOVERS & SHAKERS]]> The Gazette - http://gazette.com/movers-shakers/article/1547055?custom_click=rss http://gazette.com/movers-shakers/article/1547055?custom_click=rss

Four people recently joined HB&A, a Colorado Springs-based architecture and planning firm. Devon Jackson, hired as an intern architect, has worked on a range of commercial projects. Meagan Maez, planner and graphic designer, has experience in print and visual design, technical writing, editing and military master planning. James McMurray, hired as senior planner, has expertise in strategic planning, public- private partnerships and walkable urbanism. Mark Stelling, also brought on as an intern architect, is a recent master's graduate from Montana State University with experience in a variety of design that includes residential and commercial construction and large-scale conceptual design.

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]]> Four people recently joined HB&A, a Colorado Springs-based architecture and planning firm. Devon Jackson, hired as an intern architect, has worked on a range of commercial projects. Meagan Maez, planner and graphic designer, has experience in print and visual design, technical writing, editing and military master planning. James McMurray, hired as senior planner, has expertise in strategic planning, public- private partnerships and walkable urbanism. Mark Stelling, also brought on as an intern architect, is a recent master's graduate from Montana State University with experience in a variety of design that includes residential and commercial construction and large-scale conceptual design.

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See]]> Sat, 28 Feb 2015 04:10:37 -0700 <![CDATA[Colorado's marijuana businesses growing less than they could]]> The Associated Press http://gazette.com/colorados-marijuana-businesses-growing-less-than-they-could/article/1547073?custom_click=rss http://gazette.com/colorados-marijuana-businesses-growing-less-than-they-could/article/1547073?custom_click=rss DENVER — Colorado's marijuana industry is producing a lot less than it could, according to a state report released Friday.

Although state laws limit how many plants a business can cultivate, the monthly average for medical marijuana businesses last year ranged from a third to about half of what they could have produced, according to the annual update released Friday by the marijuana enforcement division of the Department of Revenue. The division estimates retail cultivation averaged 40 percent or less of the production limit.

Other highlights of the report:

-- Of Colorado's 312 cities and towns, 228 prohibit medical and retail licenses. Still, the places that allow sales include the state's population centers,



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]]>
DENVER — Colorado's marijuana industry is producing a lot less than it could, according to a state report released Friday.

Although state laws limit how many plants a business can cultivate, the monthly average for medical marijuana businesses last year ranged from a third to about half of what they could have produced, according to the annual update released Friday by the marijuana enforcement division of the Department of Revenue. The division estimates retail cultivation averaged 40 percent or less of the production limit.

Other highlights of the report:

-- Of Colorado's 312 cities and towns, 228 prohibit medical and retail licenses. Still, the places that allow sales include the state's population centers,

]]>
Fri, 27 Feb 2015 19:40:11 -0700
<![CDATA[MOVERS & SHAKERS]]> The Gazette - http://gazette.com/movers-shakers/article/1546946?custom_click=rss http://gazette.com/movers-shakers/article/1546946?custom_click=rss

Marco Hernandez has joined the Colorado Springs advertising firm of Blakely + Company as creative director. He has more than 20 years of experience in the advertising industry, working for DDB Needham, The Exline Agency, Arhens & Whitlock, Vladimir Jones and TKA Advertising before founding MHC United in 2009. He will oversee all of Blakely + Company creative work, including print, collateral, outdoor, broadcast, web and digital creative.

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See Sunday's Business section for more Movers & Shakers. To submit an item, go to the press release form at gazette.com/business.

Read more on Colorado Springs Gazette


]]> Marco Hernandez has joined the Colorado Springs advertising firm of Blakely + Company as creative director. He has more than 20 years of experience in the advertising industry, working for DDB Needham, The Exline Agency, Arhens & Whitlock, Vladimir Jones and TKA Advertising before founding MHC United in 2009. He will oversee all of Blakely + Company creative work, including print, collateral, outdoor, broadcast, web and digital creative.

get More,

submit item

See Sunday's Business section for more Movers & Shakers. To submit an item, go to the press release form at gazette.com/business.]]> Fri, 27 Feb 2015 04:25:21 -0700 <![CDATA[Q&A: Dr. Jeanne Salcetti, owner of Salcetti and Associates]]> By charise simpson Special to The Gazette - http://gazette.com/qa-dr.-jeanne-salcetti-owner-of-salcetti-and-associates/article/1546947?custom_click=rss http://gazette.com/qa-dr.-jeanne-salcetti-owner-of-salcetti-and-associates/article/1546947?custom_click=rss

Dr. Jeanne Salcetti's father defined his dental career with a passion for his profession. His strong belief in what he was doing ignited his daughter's desire to carve out a career in the field as well.

Salcetti, who grew up in Bethesda, Md., started with a degree in dental hygiene and a minor in education from the University of Maryland. While working as a hygienist, she also taught dental hygiene part time at the university and was offered a full-time job in the department of periodontics.

In 1995, Salcetti earned her periodontal degree in North Carolina and moved with her family to Colorado Springs to start her practice.

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]]> Dr. Jeanne Salcetti's father defined his dental career with a passion for his profession. His strong belief in what he was doing ignited his daughter's desire to carve out a career in the field as well.

Salcetti, who grew up in Bethesda, Md., started with a degree in dental hygiene and a minor in education from the University of Maryland. While working as a hygienist, she also taught dental hygiene part time at the university and was offered a full-time job in the department of periodontics.

In 1995, Salcetti earned her periodontal degree in North Carolina and moved with her family to Colorado Springs to start her practice.]]> Fri, 27 Feb 2015 04:25:20 -0700 <![CDATA[Regulators OK 'net neutrality' rules for Internet providers]]> Associated Press http://gazette.com/regulators-ok-net-neutrality-rules-for-internet-providers/article/1546937?custom_click=rss http://gazette.com/regulators-ok-net-neutrality-rules-for-internet-providers/article/1546937?custom_click=rss

WASHINGTON — Internet service providers like Comcast, Verizon, AT&T, Sprint and T-Mobile now must act in the "public interest" when providing a mobile connection to your home or phone, under rules approved Thursday by a divided Federal Communications Commission.

The plan, which puts the Internet in the same regulatory camp as the telephone and bans business practices that are "unjust or unreasonable," represents the biggest regulatory shakeup to the industry in almost two decades. The goal is to prevent providers from slowing or blocking web traffic, or creating paid fast lanes on the Internet, said FCC Chairman Tom Wheeler.

The 3-2 vote was expected to trigger industry lawsuits that could take several years to



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]]>
WASHINGTON — Internet service providers like Comcast, Verizon, AT&T, Sprint and T-Mobile now must act in the "public interest" when providing a mobile connection to your home or phone, under rules approved Thursday by a divided Federal Communications Commission.

The plan, which puts the Internet in the same regulatory camp as the telephone and bans business practices that are "unjust or unreasonable," represents the biggest regulatory shakeup to the industry in almost two decades. The goal is to prevent providers from slowing or blocking web traffic, or creating paid fast lanes on the Internet, said FCC Chairman Tom Wheeler.

The 3-2 vote was expected to trigger industry lawsuits that could take several years to

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Thu, 26 Feb 2015 22:46:02 -0700
<![CDATA[Fire closes Manitou Avenue]]> KKTV http://gazette.com/fire-closes-manitou-avenue/article/1546902?custom_click=rss http://gazette.com/fire-closes-manitou-avenue/article/1546902?custom_click=rss

Manitou Ave was closed for a short time Wednesday evening due to a fire in downtown Manitou Springs.

The fire broke out in the basement of the Whickerbill. Firefighters say they were able to get the fire out before it spread to bunch of dried wood that was being kept in the basement.

No one was hurt.



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Manitou Ave was closed for a short time Wednesday evening due to a fire in downtown Manitou Springs.

The fire broke out in the basement of the Whickerbill. Firefighters say they were able to get the fire out before it spread to bunch of dried wood that was being kept in the basement.

No one was hurt.

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Thu, 26 Feb 2015 05:43:02 -0700