<![CDATA[Colorado Springs Gazette RSS - business]]> http://gazette.com/rss/business Thu, 31 Jul 2014 19:57:14 -0600 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[Congress sends VA overhaul to White House]]> http://gazette.com/congress-sends-va-overhaul-to-white-house/article/feed/142638?custom_click=rss http://gazette.com/congress-sends-va-overhaul-to-white-house/article/feed/142638?custom_click=rss

WASHINGTON (AP) — Congress has passed a landmark bill to help veterans avoid long waits for health care and fix other problems at the Department of Veterans Affairs.

The Senate easily approved the $16.3 billion compromise measure Thursday night, a day after it was overwhelmingly passed by the House. The measure now goes to President Barack Obama for his signature.

The bill provides $10 billion in emergency spending to enable veterans who can't get prompt appointments at VA hospitals and clinics or live more than 40 miles from one of them to obtain care from a private doctor.

The legislation also includes $5 billion to hire more VA doctors, nurses and other medical staff and $1.3 billion for opening 27 new VA clinics a

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]]> WASHINGTON (AP) — Congress has passed a landmark bill to help veterans avoid long waits for health care and fix other problems at the Department of Veterans Affairs.

The Senate easily approved the $16.3 billion compromise measure Thursday night, a day after it was overwhelmingly passed by the House. The measure now goes to President Barack Obama for his signature.

The bill provides $10 billion in emergency spending to enable veterans who can't get prompt appointments at VA hospitals and clinics or live more than 40 miles from one of them to obtain care from a private doctor.

The legislation also includes $5 billion to hire more VA doctors, nurses and other medical staff and $1.3 billion for opening 27 new VA clinics a]]> Thu, 31 Jul 2014 20:47:38 -0600 <![CDATA[Candidate goes homeless to show economic gap]]> http://gazette.com/candidate-goes-homeless-to-show-economic-gap/article/feed/142387?custom_click=rss http://gazette.com/candidate-goes-homeless-to-show-economic-gap/article/feed/142387?custom_click=rss

SACRAMENTO, Calif. (AP) — The Republican candidate for California governor said Thursday he spent a week living as a homeless person in Fresno to highlight the disparity between the governor's claim that the state is making an economic comeback and the reality faced by the working poor in the nation's most populous state.

Neel Kashkari, a millionaire and former Goldman Sachs banker who is far behind Gov. Jerry Brown in pre-election polls, released a short documentary about the six nights he spent sleeping in parking lots and on park benches, and wrote about his experience in an opinion piece published in the Wall Street Journal.

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]]> SACRAMENTO, Calif. (AP) — The Republican candidate for California governor said Thursday he spent a week living as a homeless person in Fresno to highlight the disparity between the governor's claim that the state is making an economic comeback and the reality faced by the working poor in the nation's most populous state.

Neel Kashkari, a millionaire and former Goldman Sachs banker who is far behind Gov. Jerry Brown in pre-election polls, released a short documentary about the six nights he spent sleeping in parking lots and on park benches, and wrote about his experience in an opinion piece published in the Wall Street Journal.]]> Thu, 31 Jul 2014 20:46:23 -0600 <![CDATA[Congress sends highway bill to White House]]> http://gazette.com/congress-sends-highway-bill-to-white-house/article/feed/142643?custom_click=rss http://gazette.com/congress-sends-highway-bill-to-white-house/article/feed/142643?custom_click=rss

WASHINGTON (AP) — Congress has approved a bill to prevent a 28 percent cut in federal highway and mass transit aid at the height of the summer construction season.

The Senate voted Thursday night for a House-passed measure to augment the federal Highway Trust Fund with in infusion of $10.8 billion from the general Treasury — enough to keep the fund solvent through May. The Transportation Department set Friday as the date the fund would no longer be able to provide all the aid promised from incoming gasoline and diesel fuel taxes.

The two houses played legislative ping pong with the issue in recent days over what critics called a "gimmick" to fund the measure by letting companies defer government-required contributions to

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]]> WASHINGTON (AP) — Congress has approved a bill to prevent a 28 percent cut in federal highway and mass transit aid at the height of the summer construction season.

The Senate voted Thursday night for a House-passed measure to augment the federal Highway Trust Fund with in infusion of $10.8 billion from the general Treasury — enough to keep the fund solvent through May. The Transportation Department set Friday as the date the fund would no longer be able to provide all the aid promised from incoming gasoline and diesel fuel taxes.

The two houses played legislative ping pong with the issue in recent days over what critics called a "gimmick" to fund the measure by letting companies defer government-required contributions to ]]> Thu, 31 Jul 2014 20:45:37 -0600 <![CDATA[WTC steel company CEO arrested on fraud charges]]> http://gazette.com/wtc-steel-company-ceo-arrested-on-fraud-charges/article/feed/142620?custom_click=rss http://gazette.com/wtc-steel-company-ceo-arrested-on-fraud-charges/article/feed/142620?custom_click=rss NEW YORK (AP) — The Canadian owner of a company that won nearly $1 billion in contracts to provide steel for the construction of the World Trade Center's tallest building and a transit center was arrested Thursday on charges he defrauded a program meant to benefit minority- and women-owned businesses.

Larry Davis, 63, of Mississauga, Ontario, Canada, was freed on $100,000 bail after surrendering in the afternoon.

Davis, president and chief executive officer of DCM Erectors Inc., was charged with wire fraud and conspiring in a scheme to cheat a program that provided contracts to minority- and women-owned businesses.

His lawyer, Sam Talkin, said in court that his client "wants to fight these charges."

He added: "H

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]]> NEW YORK (AP) — The Canadian owner of a company that won nearly $1 billion in contracts to provide steel for the construction of the World Trade Center's tallest building and a transit center was arrested Thursday on charges he defrauded a program meant to benefit minority- and women-owned businesses.

Larry Davis, 63, of Mississauga, Ontario, Canada, was freed on $100,000 bail after surrendering in the afternoon.

Davis, president and chief executive officer of DCM Erectors Inc., was charged with wire fraud and conspiring in a scheme to cheat a program that provided contracts to minority- and women-owned businesses.

His lawyer, Sam Talkin, said in court that his client "wants to fight these charges."

He added: "H]]> Thu, 31 Jul 2014 20:03:52 -0600 <![CDATA[Senate kills spending bill for border crisis]]> http://gazette.com/senate-kills-spending-bill-for-border-crisis/article/feed/142630?custom_click=rss http://gazette.com/senate-kills-spending-bill-for-border-crisis/article/feed/142630?custom_click=rss WASHINGTON (AP) — A bill to address the crisis of unaccompanied migrant youths arriving at the U.S.-Mexico border has died in the Senate on a procedural vote.

The 50-44 vote Thursday night fell short of the 60 votes needed to waive a point of order raised by Republicans against the $3.5 billion bill.

The action came hours before the Senate adjourns for a five-week recess.

House Republicans are still working to pass a border bill in the House, but even if they succeed the legislation will not go anywhere.

That means Congress is heading out for its summer recess without acting to deal with tens of thousands of unaccompanied minors who've been arriving at the border from Central America.

The Senate bill also

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]]> WASHINGTON (AP) — A bill to address the crisis of unaccompanied migrant youths arriving at the U.S.-Mexico border has died in the Senate on a procedural vote.

The 50-44 vote Thursday night fell short of the 60 votes needed to waive a point of order raised by Republicans against the $3.5 billion bill.

The action came hours before the Senate adjourns for a five-week recess.

House Republicans are still working to pass a border bill in the House, but even if they succeed the legislation will not go anywhere.

That means Congress is heading out for its summer recess without acting to deal with tens of thousands of unaccompanied minors who've been arriving at the border from Central America.

The Senate bill also ]]> Thu, 31 Jul 2014 20:01:19 -0600 <![CDATA[APNewsBreak: Colorado tightening edible pot rules]]> http://gazette.com/apnewsbreak-colorado-tightening-edible-pot-rules/article/feed/142612?custom_click=rss http://gazette.com/apnewsbreak-colorado-tightening-edible-pot-rules/article/feed/142612?custom_click=rss DENVER (AP) — Alarmed by booming sales of highly potent edible marijuana products, Colorado regulators have drafted an emergency rule making it easier for new users to tell how much pot they're eating.

The result? Weaker pot brownies and cookies on store shelves, and new packaging requirements.

A draft of the emergency rules, obtained Thursday by The Associated Press before their public release, requires Colorado's makers of edible pot to physically demark their products so that consumers can "intuitively determine" how much constitutes a dose of marijuana's intoxicating ingredient, THC.

Colorado's rules already require edible pot to be sold in "servings" of 10 milligrams of THC.

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]]> DENVER (AP) — Alarmed by booming sales of highly potent edible marijuana products, Colorado regulators have drafted an emergency rule making it easier for new users to tell how much pot they're eating.

The result? Weaker pot brownies and cookies on store shelves, and new packaging requirements.

A draft of the emergency rules, obtained Thursday by The Associated Press before their public release, requires Colorado's makers of edible pot to physically demark their products so that consumers can "intuitively determine" how much constitutes a dose of marijuana's intoxicating ingredient, THC.

Colorado's rules already require edible pot to be sold in "servings" of 10 milligrams of THC.]]> Thu, 31 Jul 2014 19:48:01 -0600 <![CDATA[NY judge: US warrant can reach email in Ireland]]> http://gazette.com/ny-judge-us-warrant-can-reach-email-in-ireland/article/feed/142433?custom_click=rss http://gazette.com/ny-judge-us-warrant-can-reach-email-in-ireland/article/feed/142433?custom_click=rss NEW YORK (AP) — U.S. law enforcement can force Microsoft Corp. to turn over emails it stores in Ireland, a judge ruled in a case that technology companies have rallied around as they pursue billions of dollars in data storage business abroad.

U.S. District Judge Loretta A. Preska ruled from the bench Thursday after hearing oral arguments in Manhattan.

She said she agreed with the findings of a magistrate judge who approved a sealed search warrant in December for a consumer email account that Microsoft stores in Dublin, Ireland. U.S. investigators were seeking the information as part of a narcotics investigation.

Preska said it was a question of who controlled the data rather than where it was stored.

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]]> NEW YORK (AP) — U.S. law enforcement can force Microsoft Corp. to turn over emails it stores in Ireland, a judge ruled in a case that technology companies have rallied around as they pursue billions of dollars in data storage business abroad.

U.S. District Judge Loretta A. Preska ruled from the bench Thursday after hearing oral arguments in Manhattan.

She said she agreed with the findings of a magistrate judge who approved a sealed search warrant in December for a consumer email account that Microsoft stores in Dublin, Ireland. U.S. investigators were seeking the information as part of a narcotics investigation.

Preska said it was a question of who controlled the data rather than where it was stored.]]> Thu, 31 Jul 2014 19:32:39 -0600 <![CDATA[Tesla posts 2Q loss, prepares Nevada factory site]]> http://gazette.com/tesla-posts-2q-loss-prepares-nevada-factory-site/article/feed/142554?custom_click=rss http://gazette.com/tesla-posts-2q-loss-prepares-nevada-factory-site/article/feed/142554?custom_click=rss

PALO ALTO, Calif. (AP) — Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant.

Tesla said it started preparing a site for the factory outside Reno, Nevada, last month. But the company is still considering sites in California, New Mexico, Arizona and Texas, and won't make a final decision for several months.

"Before we go to the next stage of pouring a lot of concrete, we want incentives there that make sense and are fair to the state and Tesla," Musk said.

Palo Alto, California-based Tesla reported a loss of $61.9 million, or 50 cents per share, compared with a loss of $30.5 million, or 26 cents per share, in t

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]]> PALO ALTO, Calif. (AP) — Electric car maker Tesla Motors widened its loss in the second quarter as it prepared for the launch of a new SUV and started work on a massive new battery plant.

Tesla said it started preparing a site for the factory outside Reno, Nevada, last month. But the company is still considering sites in California, New Mexico, Arizona and Texas, and won't make a final decision for several months.

"Before we go to the next stage of pouring a lot of concrete, we want incentives there that make sense and are fair to the state and Tesla," Musk said.

Palo Alto, California-based Tesla reported a loss of $61.9 million, or 50 cents per share, compared with a loss of $30.5 million, or 26 cents per share, in t]]> Thu, 31 Jul 2014 19:31:17 -0600 <![CDATA[Shell, Alaska Natives to share in offshore profits]]> http://gazette.com/shell-alaska-natives-to-share-in-offshore-profits/article/feed/142541?custom_click=rss http://gazette.com/shell-alaska-natives-to-share-in-offshore-profits/article/feed/142541?custom_click=rss ANCHORAGE, Alaska (AP) — An Alaska Native regional corporation and six Native Village corporations signed an agreement with a Shell Oil subsidiary Thursday that aims to share the profits from offshore drilling off Alaska's northwest coast.

Shell and the Arctic Slope Regional Corp. announced the formation of a new company called Arctic Inupiat Offshore LLC. Its participants include six village corporations on the North Slope. The agreement with the Shell subsidiary, Shell Gulf of Mexico Inc., gives the Alaska Native company the option of acquiring an overriding royalty interest from Shell's drilling on leases in the Chukchi Sea.

Rex Rock Sr.

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]]> ANCHORAGE, Alaska (AP) — An Alaska Native regional corporation and six Native Village corporations signed an agreement with a Shell Oil subsidiary Thursday that aims to share the profits from offshore drilling off Alaska's northwest coast.

Shell and the Arctic Slope Regional Corp. announced the formation of a new company called Arctic Inupiat Offshore LLC. Its participants include six village corporations on the North Slope. The agreement with the Shell subsidiary, Shell Gulf of Mexico Inc., gives the Alaska Native company the option of acquiring an overriding royalty interest from Shell's drilling on leases in the Chukchi Sea.

Rex Rock Sr.]]> Thu, 31 Jul 2014 19:16:54 -0600 <![CDATA[French Fry Heaven, a fries-only eatery, opens in downtown Colorado Springs]]> By rich laden rich.laden@gazette.com - http://gazette.com/french-fry-heaven-a-fries-only-eatery-opens-in-downtown-colorado-springs/article/1534863?custom_click=rss http://gazette.com/french-fry-heaven-a-fries-only-eatery-opens-in-downtown-colorado-springs/article/1534863?custom_click=rss

You can eat a hamburger without french fries, but can you eat fries as a stand-alone snack? Maybe more importantly, can a business succeed selling just fries?

The founder of fries-only eatery French Fry Heaven and the chain's local franchisee believe so - on both counts.

"A pretzel place is a snack place, and they do very well. Who likes pretzels more than they do french fries?" said George Stone, who, along with his wife, Victoria, are franchisees for the first two French Fry Heaven outlets in Colorado. "Everybody absolutely loves French Fries."

French Fry Heaven opens at 11 a.m. today at 107 N. Tejon St., north of Tejon and Kiowa streets, in downtown Colorado Springs.



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]]>
You can eat a hamburger without french fries, but can you eat fries as a stand-alone snack? Maybe more importantly, can a business succeed selling just fries?

The founder of fries-only eatery French Fry Heaven and the chain's local franchisee believe so - on both counts.

"A pretzel place is a snack place, and they do very well. Who likes pretzels more than they do french fries?" said George Stone, who, along with his wife, Victoria, are franchisees for the first two French Fry Heaven outlets in Colorado. "Everybody absolutely loves French Fries."

French Fry Heaven opens at 11 a.m. today at 107 N. Tejon St., north of Tejon and Kiowa streets, in downtown Colorado Springs.

]]>
Thu, 31 Jul 2014 18:52:39 -0600
<![CDATA[Tesla says decision on battery factory months away]]> http://gazette.com/tesla-says-decision-on-battery-factory-months-away/article/feed/142539?custom_click=rss http://gazette.com/tesla-says-decision-on-battery-factory-months-away/article/feed/142539?custom_click=rss

RENO, Nev. (AP) — Electric car maker Tesla Motors said Thursday that it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other sites.

Tesla said it broke ground on the Nevada site in June. It said further that a final decision on the location for the $5 billion factory will be made in the next few months. Tesla has dubbed the proposed facility the "gigafactory," and says it could employ 6,500 people by 2020.

Competition for the factory is intense. California, New Mexico, Arizona and Texas are also in the running. Tesla wants the factory to supply batteries for its Model 3 electric car, which is set to go on sale in 2017.

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]]> RENO, Nev. (AP) — Electric car maker Tesla Motors said Thursday that it is preparing a site near Reno, Nevada, as a possible location for its new battery factory, but is still evaluating other sites.

Tesla said it broke ground on the Nevada site in June. It said further that a final decision on the location for the $5 billion factory will be made in the next few months. Tesla has dubbed the proposed facility the "gigafactory," and says it could employ 6,500 people by 2020.

Competition for the factory is intense. California, New Mexico, Arizona and Texas are also in the running. Tesla wants the factory to supply batteries for its Model 3 electric car, which is set to go on sale in 2017.]]> Thu, 31 Jul 2014 18:46:56 -0600 <![CDATA[L-3 fires 4 workers over accounting misconduct]]> http://gazette.com/l-3-fires-4-workers-over-accounting-misconduct/article/feed/142497?custom_click=rss http://gazette.com/l-3-fires-4-workers-over-accounting-misconduct/article/feed/142497?custom_click=rss NEW YORK (AP) — Defense contractor L-3 Communications said Thursday that it fired four employees after discovering they overstated the company's profit and sales from a contract with the U.S. government.

The New York company said a fifth employee resigned. It said the employees, who worked for its aerospace systems business, also inappropriately deferred some cost overruns associated with the contract. L-3 described the contract as a maintenance and logistics support contract with the U.S. Department of Defense, and said the deal began Dec. 1, 2010, and ends January 31. The deal brings in about $115 million in annual revenue for the company.

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]]> NEW YORK (AP) — Defense contractor L-3 Communications said Thursday that it fired four employees after discovering they overstated the company's profit and sales from a contract with the U.S. government.

The New York company said a fifth employee resigned. It said the employees, who worked for its aerospace systems business, also inappropriately deferred some cost overruns associated with the contract. L-3 described the contract as a maintenance and logistics support contract with the U.S. Department of Defense, and said the deal began Dec. 1, 2010, and ends January 31. The deal brings in about $115 million in annual revenue for the company.]]> Thu, 31 Jul 2014 18:46:18 -0600 <![CDATA[Facebook's Internet.org expands in Zambia]]> http://gazette.com/facebooks-internet.org-expands-in-zambia/article/feed/142382?custom_click=rss http://gazette.com/facebooks-internet.org-expands-in-zambia/article/feed/142382?custom_click=rss NEW YORK (AP) — Facebook's Internet.org project is taking another step toward its goal of bringing the Internet to people who are not yet online, launching an app Thursday in Zambia.

The Internet.org app will give subscribers of Zambia's Airtel phone company access to a set of basic Internet services for free. Users of the app won't incur the data charges that can be prohibitive for many people in developing nations. Facebook has already been working with mobile operators around the world to offer its own service free of charge to phone subscribers — think of it as a gateway to the rest of the Internet.

Online services accessible through the app range from AccuWeather to Wikipedia, a job search site as well as a breadth o

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]]> NEW YORK (AP) — Facebook's Internet.org project is taking another step toward its goal of bringing the Internet to people who are not yet online, launching an app Thursday in Zambia.

The Internet.org app will give subscribers of Zambia's Airtel phone company access to a set of basic Internet services for free. Users of the app won't incur the data charges that can be prohibitive for many people in developing nations. Facebook has already been working with mobile operators around the world to offer its own service free of charge to phone subscribers — think of it as a gateway to the rest of the Internet.

Online services accessible through the app range from AccuWeather to Wikipedia, a job search site as well as a breadth o]]> Thu, 31 Jul 2014 18:30:36 -0600 <![CDATA[Manitou Springs retail marijuana shop opens, starting new era in El Paso County]]> By MATT STEINER and Stephen Hobbs http://gazette.com/manitou-springs-retail-marijuana-shop-opens-starting-new-era-in-el-paso-county/article/1534791?custom_click=rss http://gazette.com/manitou-springs-retail-marijuana-shop-opens-starting-new-era-in-el-paso-county/article/1534791?custom_click=rss

UPDATE: Maggie's Farm opened at 4:20 p.m. Thursday, becoming the first recreational marijuana store in El Paso County.

UPDATE: People are lining up outside Maggie's Farm in Manitou Springs. Doors are expected to open at 4:20 p.m., according to The Gazette's news partner KKTV. 

The Gazette's Stephen Hobbs is outside Maggie's Farm talking to potential customers. 

Lawrence Basco was waiting outside for the shop to open. "I'm just hanging," he said. "I got nothing to do."

 

-

Maggie's Farm aims to open the first recreational marijuana store in El Paso County on Thursday.



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UPDATE: Maggie's Farm opened at 4:20 p.m. Thursday, becoming the first recreational marijuana store in El Paso County.

UPDATE: People are lining up outside Maggie's Farm in Manitou Springs. Doors are expected to open at 4:20 p.m., according to The Gazette's news partner KKTV. 

The Gazette's Stephen Hobbs is outside Maggie's Farm talking to potential customers. 

Lawrence Basco was waiting outside for the shop to open. "I'm just hanging," he said. "I got nothing to do."

 

-

Maggie's Farm aims to open the first recreational marijuana store in El Paso County on Thursday.

]]>
Thu, 31 Jul 2014 18:27:17 -0600
<![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 ___

As US job market strengthens, many don't feel it

WASHINGTON (AP) — For millions of workers, happy days aren't quite here again.

Though the U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent, the Gallup Organization has found that consumers' view of the economy is the glummest it's been in seven months.

The July jobs report being released Friday will likely show a sixth straight month of healthy 200,000-plus gains. Yet for millions of people like Douglas Hunter, not much has changed.

Hunter earned $14 an hour cleaning oil drums before the Great Recession seized the economy and his job was axed. At 53, Hunter now works three days a week for $9.

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]]> ___

As US job market strengthens, many don't feel it

WASHINGTON (AP) — For millions of workers, happy days aren't quite here again.

Though the U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent, the Gallup Organization has found that consumers' view of the economy is the glummest it's been in seven months.

The July jobs report being released Friday will likely show a sixth straight month of healthy 200,000-plus gains. Yet for millions of people like Douglas Hunter, not much has changed.

Hunter earned $14 an hour cleaning oil drums before the Great Recession seized the economy and his job was axed. At 53, Hunter now works three days a week for $9.]]> Thu, 31 Jul 2014 18:00:31 -0600 <![CDATA[LinkedIn stock jumps after 2Q results]]> http://gazette.com/linkedin-stock-jumps-after-2q-results/article/feed/142546?custom_click=rss http://gazette.com/linkedin-stock-jumps-after-2q-results/article/feed/142546?custom_click=rss

NEW YORK (AP) — Shares of LinkedIn Corp. jumped Thursday after the professional networking service reported a second-quarter loss but still topped analysts' expectations.

The results come on the heels of better-than-expected quarterly reports from Twitter Inc. and Facebook Inc. that whetted investor appetite for social media companies in recent weeks.

LinkedIn posted a loss of $1 million, or 1 cent per share, compared with a profit of $3.7 million, or 3 cents per share, in the same quarter a year earlier.

Excluding stock option expenses and amortization costs, earnings came to 51 cents per share in the latest quarter, up from 38 cents per share a year ago.

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]]> NEW YORK (AP) — Shares of LinkedIn Corp. jumped Thursday after the professional networking service reported a second-quarter loss but still topped analysts' expectations.

The results come on the heels of better-than-expected quarterly reports from Twitter Inc. and Facebook Inc. that whetted investor appetite for social media companies in recent weeks.

LinkedIn posted a loss of $1 million, or 1 cent per share, compared with a profit of $3.7 million, or 3 cents per share, in the same quarter a year earlier.

Excluding stock option expenses and amortization costs, earnings came to 51 cents per share in the latest quarter, up from 38 cents per share a year ago.]]> Thu, 31 Jul 2014 17:45:56 -0600 <![CDATA[In San Francisco real estate, $1M won't buy much]]> http://gazette.com/in-san-francisco-real-estate-1m-wont-buy-much/article/feed/142432?custom_click=rss http://gazette.com/in-san-francisco-real-estate-1m-wont-buy-much/article/feed/142432?custom_click=rss

SAN FRANCISCO (AP) — San Francisco Association of Realtors President Betty Taisch has two words of advice for those who want to live here and think $1 million will buy them their dream house: Think again.

In the souped-up world of San Francisco real estate, where the median selling price for houses and condominiums last month hit seven figures for the first time, the cool million that would fetch a mansion on a few acres elsewhere will now barely cover the cost of an 800-square foot starter home that needs work and may or may not include private parking.

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]]> SAN FRANCISCO (AP) — San Francisco Association of Realtors President Betty Taisch has two words of advice for those who want to live here and think $1 million will buy them their dream house: Think again.

In the souped-up world of San Francisco real estate, where the median selling price for houses and condominiums last month hit seven figures for the first time, the cool million that would fetch a mansion on a few acres elsewhere will now barely cover the cost of an 800-square foot starter home that needs work and may or may not include private parking.]]> Thu, 31 Jul 2014 17:45:54 -0600 <![CDATA[Colorado PTAC moving from downtown to El Paso County Citizens Service Center]]> By rich laden rich.laden@gazette.com - http://gazette.com/colorado-ptac-moving-from-downtown-to-el-paso-county-citizens-service-center/article/1534866?custom_click=rss http://gazette.com/colorado-ptac-moving-from-downtown-to-el-paso-county-citizens-service-center/article/1534866?custom_click=rss The Colorado Procurement Technical Assistance Center is moving this month from 6 S. Tejon St. in downtown to new offices and training facilities at the El Paso County Citizens Service Center, 1675 Garden of the Gods Road on Colorado Springs' northwest side.

The Procurement Technical Assistance Center, established five years ago, will join the Small Business Development Center and the Pikes Peak Workforce Center on the building's first floor.

The non-profit PTAC is a free, confidential resource for Colorado businesses that are pursuing federal, state and local government contracts. It provides education and assistance throughout the procurement process; it helps with registrations, finding opportunities, marketing to the

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]]> The Colorado Procurement Technical Assistance Center is moving this month from 6 S. Tejon St. in downtown to new offices and training facilities at the El Paso County Citizens Service Center, 1675 Garden of the Gods Road on Colorado Springs' northwest side.

The Procurement Technical Assistance Center, established five years ago, will join the Small Business Development Center and the Pikes Peak Workforce Center on the building's first floor.

The non-profit PTAC is a free, confidential resource for Colorado businesses that are pursuing federal, state and local government contracts. It provides education and assistance throughout the procurement process; it helps with registrations, finding opportunities, marketing to the]]> Thu, 31 Jul 2014 17:20:01 -0600 <![CDATA[Southern Colorado's Better Business Bureau invites customer reviews]]> Katherine blunt katherine.blunt@gazette.com - http://gazette.com/southern-colorados-better-business-bureau-invites-customer-reviews/article/1534849?custom_click=rss http://gazette.com/southern-colorados-better-business-bureau-invites-customer-reviews/article/1534849?custom_click=rss You can review your vacation experience on Trip Advisor or critique your dining experience on Yelp.

Now, the Better Business Bureau of Southern Colorado is giving consumers the chance to voice their opinions on retailers, service providers and other businesses in the bureau's a 25-county area.

The BBB has launched a service that allows customers to submit reviews of businesses they use or frequent, creating a compilation of personal experiences accessible to prospective customers and the bureau's 3,300 member businesses. The BBB of Southern Colorado was one of the first 20 BBBs nationwide to offer the service, and the movement is growing, said Matt Barrett, CEO and executive director of southern Colorado's BBB.

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]]> You can review your vacation experience on Trip Advisor or critique your dining experience on Yelp.

Now, the Better Business Bureau of Southern Colorado is giving consumers the chance to voice their opinions on retailers, service providers and other businesses in the bureau's a 25-county area.

The BBB has launched a service that allows customers to submit reviews of businesses they use or frequent, creating a compilation of personal experiences accessible to prospective customers and the bureau's 3,300 member businesses. The BBB of Southern Colorado was one of the first 20 BBBs nationwide to offer the service, and the movement is growing, said Matt Barrett, CEO and executive director of southern Colorado's BBB.]]> Thu, 31 Jul 2014 16:40:02 -0600 <![CDATA[Sell-off brings biggest Dow decline since February]]> By Steve Rothwell AP Business Writer - http://gazette.com/sell-off-brings-biggest-dow-decline-since-february/article/1534845?custom_click=rss http://gazette.com/sell-off-brings-biggest-dow-decline-since-february/article/1534845?custom_click=rss

NEW YORK - For investors, there were few havens on Thursday.

The stock market had its worst one-day drop since February, driven down by a confluence of worries, from weak company earnings to the looming end of stimulus from the Federal Reserve.

But it wasn't just stocks that suffered; oil fell to its lowest level since March, gold dropped and even Treasury notes edged lower.

Stocks started the day lower after a dose of bad earnings news, and the losses accelerated throughout the day.

Whole Foods Market and Exxon Mobil were among companies that fell after reporting results or forecasts that disappointed investors.



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NEW YORK - For investors, there were few havens on Thursday.

The stock market had its worst one-day drop since February, driven down by a confluence of worries, from weak company earnings to the looming end of stimulus from the Federal Reserve.

But it wasn't just stocks that suffered; oil fell to its lowest level since March, gold dropped and even Treasury notes edged lower.

Stocks started the day lower after a dose of bad earnings news, and the losses accelerated throughout the day.

Whole Foods Market and Exxon Mobil were among companies that fell after reporting results or forecasts that disappointed investors.

]]>
Thu, 31 Jul 2014 16:38:30 -0600
<![CDATA[MOVERS & SHAKERS]]> The Gazette - http://gazette.com/movers-shakers/article/1534847?custom_click=rss http://gazette.com/movers-shakers/article/1534847?custom_click=rss

Tricia Parish has joined Rocky Mountain Group as a land planner. Parish has more than 15 years of experience in urban planning and previously worked as a planner for the city of Colorado Springs and El Paso County. She has experience in sustainability, green building and renewable energy techniques.

Read more on Colorado Springs Gazette


]]> Tricia Parish has joined Rocky Mountain Group as a land planner. Parish has more than 15 years of experience in urban planning and previously worked as a planner for the city of Colorado Springs and El Paso County. She has experience in sustainability, green building and renewable energy techniques.]]> Thu, 31 Jul 2014 15:35:02 -0600 <![CDATA[Q&A: Bernie Schneider, president and owner of InfoPros]]> By Charise Simpson, Special to The Gazette - http://gazette.com/qa-bernie-schneider-president-and-owner-of-infopros/article/1534836?custom_click=rss http://gazette.com/qa-bernie-schneider-president-and-owner-of-infopros/article/1534836?custom_click=rss

Bernie Schneider was more than ready to get out of California when he came to Colorado Springs.

Schneider is president and owner of InfoPros, a Springs company that has been around since the mid-1990s and originally was known as Horizon Interactive. Schneider bought the company 
10 years ago and changed the name after he and his wife relocated from Silicon Valley.

Schneider grew up in Illinois, spent time with the Army in Alaska and started his civilian career as a programmer for a Fortune 1000 company. He worked in product management with Sprint Corp. in Kansas City.

From Sprint, he went to Ascend Communication, a startup company in Silicon Valley, and "grabbed onto a rocket, not fully realizing the implications,"



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Bernie Schneider was more than ready to get out of California when he came to Colorado Springs.

Schneider is president and owner of InfoPros, a Springs company that has been around since the mid-1990s and originally was known as Horizon Interactive. Schneider bought the company 
10 years ago and changed the name after he and his wife relocated from Silicon Valley.

Schneider grew up in Illinois, spent time with the Army in Alaska and started his civilian career as a programmer for a Fortune 1000 company. He worked in product management with Sprint Corp. in Kansas City.

From Sprint, he went to Ascend Communication, a startup company in Silicon Valley, and "grabbed onto a rocket, not fully realizing the implications,"

]]>
Thu, 31 Jul 2014 12:33:57 -0600
<![CDATA[Chicago landlord wants Colorado restaurant evicted for marijuana machine]]> Associated Press http://gazette.com/chicago-landlord-wants-colorado-restaurant-evicted-for-marijuana-machine/article/1534821?custom_click=rss http://gazette.com/chicago-landlord-wants-colorado-restaurant-evicted-for-marijuana-machine/article/1534821?custom_click=rss

EAGLE — A Chicago real estate developer wants to evict an Avon restaurant for displaying a marijuana edibles vending machine, claiming the media and social media attention damaged the company's reputation.

No pot products were in the Zazzz machine when it was on display at Montana's Smokehouse during a private party in April for its manufacturer, American Green.

Benchmark Investors sued Montana's owners claiming the event violated their lease. The Vail Daily (http://bit.ly/UNQHo7 ) reports that a judge held a two-day trial in Eagle this week but isn't expected to rule until the fall, after lawyers file written arguments.



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EAGLE — A Chicago real estate developer wants to evict an Avon restaurant for displaying a marijuana edibles vending machine, claiming the media and social media attention damaged the company's reputation.

No pot products were in the Zazzz machine when it was on display at Montana's Smokehouse during a private party in April for its manufacturer, American Green.

Benchmark Investors sued Montana's owners claiming the event violated their lease. The Vail Daily (http://bit.ly/UNQHo7 ) reports that a judge held a two-day trial in Eagle this week but isn't expected to rule until the fall, after lawyers file written arguments.

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Thu, 31 Jul 2014 10:23:08 -0600
<![CDATA[Marijuana revenues starting to help select Colorado schools on pricey projects]]> By Yesenia Robles, The Denver Post http://gazette.com/marijuana-revenues-starting-to-help-select-colorado-schools-on-pricey-projects/article/1534813?custom_click=rss http://gazette.com/marijuana-revenues-starting-to-help-select-colorado-schools-on-pricey-projects/article/1534813?custom_click=rss As marijuana revenues trickle into the state, slow to meet projections, a few Colorado school districts are among the first to see some impact from the state's new funds.

The state Department of Education's program to fund capital projects — known as Building Excellent Schools Today, or BEST, grants — had received more than $1.1 million from marijuana taxes in May when it made the annual award recommendations.

The state also is readying another $2.5 million from pot taxes so interested schools can hire health professionals.

The additional capital project money has been welcomed as the state fund for the BEST grants has been declining and the program reached a cap for the financed grants it could issue



Read more on Colorado Springs Gazette


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As marijuana revenues trickle into the state, slow to meet projections, a few Colorado school districts are among the first to see some impact from the state's new funds.

The state Department of Education's program to fund capital projects — known as Building Excellent Schools Today, or BEST, grants — had received more than $1.1 million from marijuana taxes in May when it made the annual award recommendations.

The state also is readying another $2.5 million from pot taxes so interested schools can hire health professionals.

The additional capital project money has been welcomed as the state fund for the BEST grants has been declining and the program reached a cap for the financed grants it could issue

]]>
Thu, 31 Jul 2014 07:24:29 -0600
<![CDATA[A more vigorous US economy appears to be emerging]]> By MARTIN CRUTSINGER AP Economics Writer http://gazette.com/a-more-vigorous-us-economy-appears-to-be-emerging/article/1534776?custom_click=rss http://gazette.com/a-more-vigorous-us-economy-appears-to-be-emerging/article/1534776?custom_click=rss

WASHINGTON - The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year.

That was the general view of analysts Wednesday after the government estimated that the economy grew at a fast 4 percent annual rate in the April-June quarter. Consumers, businesses and governments joined to fuel the second-quarter expansion. The government also said growth was more robust last year than it had previously estimated.

The economy sprang back to life after a dismal winter in which it shrank at a sharp 2.1 percent annual rate. The government upgraded that figure from a previous estimate of a 2.9 percent drop. But it was still the biggest contraction since early 2009 in the depths of



Read more on Colorado Springs Gazette


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WASHINGTON - The U.S. economy has rebounded with vigor from a grim start to 2014 and should show renewed strength into next year.

That was the general view of analysts Wednesday after the government estimated that the economy grew at a fast 4 percent annual rate in the April-June quarter. Consumers, businesses and governments joined to fuel the second-quarter expansion. The government also said growth was more robust last year than it had previously estimated.

The economy sprang back to life after a dismal winter in which it shrank at a sharp 2.1 percent annual rate. The government upgraded that figure from a previous estimate of a 2.9 percent drop. But it was still the biggest contraction since early 2009 in the depths of

]]>
Wed, 30 Jul 2014 22:38:36 -0600
<![CDATA[New concierge medical 
offices land in Springs]]> by WAYNE HEILMAN wayneh@gazette.com e_SEmD http://gazette.com/new-concierge-medical-offices-land-in-springs/article/1534794?custom_click=rss http://gazette.com/new-concierge-medical-offices-land-in-springs/article/1534794?custom_click=rss

Two new medical offices in northern Colorado Springs are joining the ranks of others that charge patients fees in exchange for same-day appointments and longer visits with doctors - a niche type of practice known as concierge medicine now offered by a handful of local doctors and clinics.

Flying Horse Medical Center opened May 31 at 1615 Silversmith Road, across from Discovery Canyon High School, while PeakMed Primary Care is scheduled to open Aug. 15 in the Bella Vista Medical Plaza, 6915 Tutt Blvd., southeast of the St. Francis Medical Center.

The practices want to change the way routine medical care is delivered by charging a monthly fee for that care rather than getting paid from a giant health insurer that collects



Read more on Colorado Springs Gazette


]]>
Two new medical offices in northern Colorado Springs are joining the ranks of others that charge patients fees in exchange for same-day appointments and longer visits with doctors - a niche type of practice known as concierge medicine now offered by a handful of local doctors and clinics.

Flying Horse Medical Center opened May 31 at 1615 Silversmith Road, across from Discovery Canyon High School, while PeakMed Primary Care is scheduled to open Aug. 15 in the Bella Vista Medical Plaza, 6915 Tutt Blvd., southeast of the St. Francis Medical Center.

The practices want to change the way routine medical care is delivered by charging a monthly fee for that care rather than getting paid from a giant health insurer that collects

]]>
Wed, 30 Jul 2014 19:13:09 -0600
<![CDATA[Colorado Springs unemployment rate falls to 5 1/2-year low, but news isn't all rosy]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/colorado-springs-unemployment-rate-falls-to-5-12-year-low-but-news-isnt-all-rosy/article/1534789?custom_click=rss http://gazette.com/colorado-springs-unemployment-rate-falls-to-5-12-year-low-but-news-isnt-all-rosy/article/1534789?custom_click=rss

The Colorado Springs area job market took another big step forward in June as the area's unemployment rate fell to 6.8 percent, the lowest in 5½ years and the biggest month-to-month drop since at least 2000, the U.S. Bureau of Labor Statistics reported Wednesday.

June was a banner month for the local job market by almost any standard. The number of area residents looking for jobs last month fell by more than 1,400 from May, more than doubling the largest decline in the unemployed during the past 14½ years. The previous largest drop - 655 - took place from April into May.



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The Colorado Springs area job market took another big step forward in June as the area's unemployment rate fell to 6.8 percent, the lowest in 5½ years and the biggest month-to-month drop since at least 2000, the U.S. Bureau of Labor Statistics reported Wednesday.

June was a banner month for the local job market by almost any standard. The number of area residents looking for jobs last month fell by more than 1,400 from May, more than doubling the largest decline in the unemployed during the past 14½ years. The previous largest drop - 655 - took place from April into May.

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Wed, 30 Jul 2014 19:02:26 -0600
<![CDATA[Probe exposes flaws behind HealthCare.gov rollout]]> Associated Press http://gazette.com/probe-exposes-flaws-behind-healthcare.gov-rollout/article/1534783?custom_click=rss http://gazette.com/probe-exposes-flaws-behind-healthcare.gov-rollout/article/1534783?custom_click=rss

WASHINGTON — Management failures by the Obama administration set the stage for computer woes that paralyzed the president's new health care program last fall, nonpartisan investigators said in a report released Wednesday.

While the administration was publicly assuring consumers that they would soon have seamless online access to health insurance, a chaotic procurement process was about to deliver a stumbling start.

After a months-long investigation, the Government Accountability Office found that the administration lacked "effective planning or oversight practices" for the development of HealthCare.gov, the portal for millions of uninsured Americans.



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WASHINGTON — Management failures by the Obama administration set the stage for computer woes that paralyzed the president's new health care program last fall, nonpartisan investigators said in a report released Wednesday.

While the administration was publicly assuring consumers that they would soon have seamless online access to health insurance, a chaotic procurement process was about to deliver a stumbling start.

After a months-long investigation, the Government Accountability Office found that the administration lacked "effective planning or oversight practices" for the development of HealthCare.gov, the portal for millions of uninsured Americans.

]]>
Wed, 30 Jul 2014 17:03:36 -0600
<![CDATA[Stocks show little change in wake of Fed meeting]]> By MATTHEW CRAFT AP Business Writer http://gazette.com/stocks-show-little-change-in-wake-of-fed-meeting/article/1534782?custom_click=rss http://gazette.com/stocks-show-little-change-in-wake-of-fed-meeting/article/1534782?custom_click=rss

NEW YORK - A cheerful report on the U.S. economy, rising profits and no surprises from the Federal Reserve left the stock market nearly where it started on Wednesday.

The news was nearly all good. The government said that the economy grew at a robust 4 percent annual rate this spring. Later in the day, the Federal Reserve did exactly what investors expected. It scaled back its support for the economy, while pledging to keep short term interest rates low "for a considerable time" after it stops buying bonds.

Traders sold U.S. government bonds, pushing the 2-year Treasury note to 0.56 percent, the highest level this year. It's a clear sign bond traders think an improving economy will force the Fed to raise interest rates sooner



Read more on Colorado Springs Gazette


]]>
NEW YORK - A cheerful report on the U.S. economy, rising profits and no surprises from the Federal Reserve left the stock market nearly where it started on Wednesday.

The news was nearly all good. The government said that the economy grew at a robust 4 percent annual rate this spring. Later in the day, the Federal Reserve did exactly what investors expected. It scaled back its support for the economy, while pledging to keep short term interest rates low "for a considerable time" after it stops buying bonds.

Traders sold U.S. government bonds, pushing the 2-year Treasury note to 0.56 percent, the highest level this year. It's a clear sign bond traders think an improving economy will force the Fed to raise interest rates sooner

]]>
Wed, 30 Jul 2014 15:55:02 -0600
<![CDATA[MOVERS & SHAKERS]]> The Gazette - http://gazette.com/movers-shakers/article/1534768?custom_click=rss http://gazette.com/movers-shakers/article/1534768?custom_click=rss

Jackie Gonzalez, business development officer for U.S. Bank in Colorado Springs, has been tapped to lead the bank's newly opened office to provide Small Business Administration loans in the local market. She has more than 20 years of financial services experience, and is involved with the Colorado Springs Small Business Development Center. The new U.. Bank SBA Division office is at 6 S. Tejon St.

Read more on Colorado Springs Gazette


]]> Jackie Gonzalez, business development officer for U.S. Bank in Colorado Springs, has been tapped to lead the bank's newly opened office to provide Small Business Administration loans in the local market. She has more than 20 years of financial services experience, and is involved with the Colorado Springs Small Business Development Center. The new U.. Bank SBA Division office is at 6 S. Tejon St.]]> Wed, 30 Jul 2014 12:45:01 -0600