<![CDATA[Colorado Springs Gazette RSS - business]]> http://gazette.com/rss/business Tue, 21 Oct 2014 15:54:14 -0600 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[McDonald's CEO outlines changes as sales slide]]> http://gazette.com/mcdonalds-ceo-outlines-changes-as-sales-slide/article/feed/170005?custom_click=rss http://gazette.com/mcdonalds-ceo-outlines-changes-as-sales-slide/article/feed/170005?custom_click=rss

NEW YORK (AP) — McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.

Starting in January, Thompson said McDonald's will "simplify" its menu to make room for restaurants to offer options that are best-suited for their regions. To offer greater customization, he also said the company planned to expand its "Create Your Taste" offering that lets people pick the buns and toppings they want on burgers by tapping a touchscreen. The program is currently being offered in Southern California.

"We haven't been changing at the same rate as our customers' eating-out expectations," Thompson conceded during a conference call outlining the changes

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]]> NEW YORK (AP) — McDonald's CEO Don Thompson said Tuesday the company hasn't been keeping up with the times and that changes are in store for its U.S. restaurants.

Starting in January, Thompson said McDonald's will "simplify" its menu to make room for restaurants to offer options that are best-suited for their regions. To offer greater customization, he also said the company planned to expand its "Create Your Taste" offering that lets people pick the buns and toppings they want on burgers by tapping a touchscreen. The program is currently being offered in Southern California.

"We haven't been changing at the same rate as our customers' eating-out expectations," Thompson conceded during a conference call outlining the changes]]> Tue, 21 Oct 2014 16:48:55 -0600 <![CDATA[Leagues file to stop New Jersey sports betting]]> http://gazette.com/leagues-file-to-stop-new-jersey-sports-betting/article/feed/170180?custom_click=rss http://gazette.com/leagues-file-to-stop-new-jersey-sports-betting/article/feed/170180?custom_click=rss TRENTON, N.J. (AP) — The four major U.S. pro sports leagues and the NCAA on Tuesday again urged a judge to stop the state from allowing legalized sports betting this weekend.

An order to show cause was filed in federal court in Trenton. The NFL, the NBA, the NHL, Major League Baseball and the NCAA want U.S. District Judge Michael Shipp to temporarily prevent New Jersey's casinos and racetracks from taking sports wagers.

Republican Gov. Chris Christie on Friday signed a law that effectively repeals the state's ban on sports wagering. Monmouth Park racetrack has said it plans to accept bets starting Sunday.

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]]> TRENTON, N.J. (AP) — The four major U.S. pro sports leagues and the NCAA on Tuesday again urged a judge to stop the state from allowing legalized sports betting this weekend.

An order to show cause was filed in federal court in Trenton. The NFL, the NBA, the NHL, Major League Baseball and the NCAA want U.S. District Judge Michael Shipp to temporarily prevent New Jersey's casinos and racetracks from taking sports wagers.

Republican Gov. Chris Christie on Friday signed a law that effectively repeals the state's ban on sports wagering. Monmouth Park racetrack has said it plans to accept bets starting Sunday.]]> Tue, 21 Oct 2014 16:48:53 -0600 <![CDATA[New rules adopted in hopes of spurring home loans]]> http://gazette.com/new-rules-adopted-in-hopes-of-spurring-home-loans/article/feed/170032?custom_click=rss http://gazette.com/new-rules-adopted-in-hopes-of-spurring-home-loans/article/feed/170032?custom_click=rss WASHINGTON (AP) — Buying a home may have gotten a little easier this week.

With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules, hoping to inject more life into the country's still-recovering housing market.

Both banks and borrowers stand to benefit from the new rules unveiled Tuesday by six federal agencies. While banks will see relaxed guidelines for packaging and selling mortgage securities, fewer borrowers likely will need to make hefty down payments. The board of the Federal Deposit Insurance Corp. voted 4-1 Tuesday to adopt the new rules, and two other agencies approved them as well.

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]]> WASHINGTON (AP) — Buying a home may have gotten a little easier this week.

With the financial crisis and subprime mortgage bust receding further into history, the government is loosening some financial rules, hoping to inject more life into the country's still-recovering housing market.

Both banks and borrowers stand to benefit from the new rules unveiled Tuesday by six federal agencies. While banks will see relaxed guidelines for packaging and selling mortgage securities, fewer borrowers likely will need to make hefty down payments. The board of the Federal Deposit Insurance Corp. voted 4-1 Tuesday to adopt the new rules, and two other agencies approved them as well.]]> Tue, 21 Oct 2014 16:46:44 -0600 <![CDATA[Daimler sells stake in Tesla for $780 million]]> http://gazette.com/daimler-sells-stake-in-tesla-for-780-million/article/feed/170218?custom_click=rss http://gazette.com/daimler-sells-stake-in-tesla-for-780-million/article/feed/170218?custom_click=rss Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million.

The buyer was not disclosed.

The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected. Tesla made the battery packs and chargers for the two-seat electric smart and developed part of the electric drive system in the B-Class Electric Drive.

Tesla shares fell $2.64, or 1.1 percent, to $232.70 in after-hours trading. They rose 2.1 percent in the regular session.

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]]> Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million.

The buyer was not disclosed.

The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected. Tesla made the battery packs and chargers for the two-seat electric smart and developed part of the electric drive system in the B-Class Electric Drive.

Tesla shares fell $2.64, or 1.1 percent, to $232.70 in after-hours trading. They rose 2.1 percent in the regular session.]]> Tue, 21 Oct 2014 16:46:44 -0600 <![CDATA[Stocks rally; S&P 500 has best day of 2014]]> http://gazette.com/stocks-rally-sp-500-has-best-day-of-2014/article/feed/169916?custom_click=rss http://gazette.com/stocks-rally-sp-500-has-best-day-of-2014/article/feed/169916?custom_click=rss

NEW YORK (AP) — The U.S. stock market marched higher Tuesday, giving the Standard & Poor's 500 index its best day of the year.

Investors rallied behind an encouraging report on the Chinese economy as well as strong quarterly results from Apple and other big companies.

The market continues on its recovery from last week's swoon and has now erased much of its losses over the last two weeks.

"I think it's too early to call to call this a new rally, but I think there are definite signs that investors are gaining confidence again after last week's volatility," said Kristina Hooper, head of U.S. investment strategies at Allianz Global Investors.

The Standard & Poor's 500 index added 37.27 points, or 2 percent, to 1,94

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]]> NEW YORK (AP) — The U.S. stock market marched higher Tuesday, giving the Standard & Poor's 500 index its best day of the year.

Investors rallied behind an encouraging report on the Chinese economy as well as strong quarterly results from Apple and other big companies.

The market continues on its recovery from last week's swoon and has now erased much of its losses over the last two weeks.

"I think it's too early to call to call this a new rally, but I think there are definite signs that investors are gaining confidence again after last week's volatility," said Kristina Hooper, head of U.S. investment strategies at Allianz Global Investors.

The Standard & Poor's 500 index added 37.27 points, or 2 percent, to 1,94]]> Tue, 21 Oct 2014 16:46:35 -0600 <![CDATA[Canadian Pacific CEO says rail deal possible]]> http://gazette.com/canadian-pacific-ceo-says-rail-deal-possible/article/feed/170141?custom_click=rss http://gazette.com/canadian-pacific-ceo-says-rail-deal-possible/article/feed/170141?custom_click=rss

The CEO of Canadian Pacific thinks U.S. regulators would approve a well-structured railroad merger, but nothing is planned now that talks with CSX ended.

CEO Hunter Harrison said during a conference call Tuesday he doesn't agree with the view that the Surface Transportation Board wouldn't approve any merger.

Merging the Canadian Pacific Railway Ltd. with CSX Corp. could have improved service by routing traffic around the bottlenecks in Chicago, Harrison said.

Harrison said giving railroads access to customers on other rail networks would improve competition and increase the chances that regulators would approve such a deal.

But Harrison said Canadian Pacific officials and CSX couldn't agree on several issues, so t

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]]> The CEO of Canadian Pacific thinks U.S. regulators would approve a well-structured railroad merger, but nothing is planned now that talks with CSX ended.

CEO Hunter Harrison said during a conference call Tuesday he doesn't agree with the view that the Surface Transportation Board wouldn't approve any merger.

Merging the Canadian Pacific Railway Ltd. with CSX Corp. could have improved service by routing traffic around the bottlenecks in Chicago, Harrison said.

Harrison said giving railroads access to customers on other rail networks would improve competition and increase the chances that regulators would approve such a deal.

But Harrison said Canadian Pacific officials and CSX couldn't agree on several issues, so t]]> Tue, 21 Oct 2014 16:46:23 -0600 <![CDATA[Study finds drugs still in recalled supplements]]> http://gazette.com/study-finds-drugs-still-in-recalled-supplements/article/feed/170179?custom_click=rss http://gazette.com/study-finds-drugs-still-in-recalled-supplements/article/feed/170179?custom_click=rss CHICAGO (AP) — Dietary supplements containing potentially dangerous prescription drug ingredients may still be for sale even years after safety recalls, a study found.

In supplements bought online, researchers detected hidden steroids, similar ingredients to Viagra and Prozac and a weight loss drug linked with heart attacks.

They tested 27 products promising big muscles, sexual prowess, weight loss and more. Of those, 18 contained ingredients not approved for over-the-counter use; 17 still had the same drug that prompted the recalls.

Manufacturers are putting profit ahead of consumer health, but lax oversight by the U.S. Food and Drug Administration is contributing to the problem, said lead author Dr.

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]]> CHICAGO (AP) — Dietary supplements containing potentially dangerous prescription drug ingredients may still be for sale even years after safety recalls, a study found.

In supplements bought online, researchers detected hidden steroids, similar ingredients to Viagra and Prozac and a weight loss drug linked with heart attacks.

They tested 27 products promising big muscles, sexual prowess, weight loss and more. Of those, 18 contained ingredients not approved for over-the-counter use; 17 still had the same drug that prompted the recalls.

Manufacturers are putting profit ahead of consumer health, but lax oversight by the U.S. Food and Drug Administration is contributing to the problem, said lead author Dr.]]> Tue, 21 Oct 2014 16:46:23 -0600 <![CDATA[Rural areas seek piece of subprime-loan settlement]]> http://gazette.com/rural-areas-seek-piece-of-subprime-loan-settlement/article/feed/170068?custom_click=rss http://gazette.com/rural-areas-seek-piece-of-subprime-loan-settlement/article/feed/170068?custom_click=rss

Long seen as having devastated Sun Belt cities, the subprime mortgage crisis unleashed turmoil on Ohio and other rural areas. Now federal officials are pledging regulatory attention and financial help.

Subprime loans were distributed in the rural U.S. at even higher rates on average than in metropolitan counties. Much of it was concentrated in Appalachia and other areas stretching from Ohio, West Virginia and Kentucky to Mississippi, Louisiana, Texas and the Great Plains, according to government data provided to The Associated Press by researchers at the U.S. Department of Agriculture and Middlebury College.

It's a shift from conventional wisdom that larger metro areas were the hardest hit, due in part to gaps in federal mort

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]]> Long seen as having devastated Sun Belt cities, the subprime mortgage crisis unleashed turmoil on Ohio and other rural areas. Now federal officials are pledging regulatory attention and financial help.

Subprime loans were distributed in the rural U.S. at even higher rates on average than in metropolitan counties. Much of it was concentrated in Appalachia and other areas stretching from Ohio, West Virginia and Kentucky to Mississippi, Louisiana, Texas and the Great Plains, according to government data provided to The Associated Press by researchers at the U.S. Department of Agriculture and Middlebury College.

It's a shift from conventional wisdom that larger metro areas were the hardest hit, due in part to gaps in federal mort]]> Tue, 21 Oct 2014 16:46:21 -0600 <![CDATA[Coca-Cola and Apple are big market movers]]> http://gazette.com/coca-cola-and-apple-are-big-market-movers/article/feed/169747?custom_click=rss http://gazette.com/coca-cola-and-apple-are-big-market-movers/article/feed/169747?custom_click=rss NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

The Coca-Cola Co., down $2.61 to $40.68

The world's biggest beverage maker reported lower profit and revenue in the third quarter as global soda volume remained flat.

Chipotle Mexican Grill Inc., down $45.48 to $607.55

The burrito chain's third-quarter profit topped Wall Street expectations, but it said growth is expected to slow slightly next year.

Harley-Davidson Inc., up $4.27 to $62.65

The motorcycle maker's third-quarter net income fell 8 percent from a year ago, but it still beat Wall Street expectations.

Reynolds American Inc., up $1.90 to $61.

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

NYSE

The Coca-Cola Co., down $2.61 to $40.68

The world's biggest beverage maker reported lower profit and revenue in the third quarter as global soda volume remained flat.

Chipotle Mexican Grill Inc., down $45.48 to $607.55

The burrito chain's third-quarter profit topped Wall Street expectations, but it said growth is expected to slow slightly next year.

Harley-Davidson Inc., up $4.27 to $62.65

The motorcycle maker's third-quarter net income fell 8 percent from a year ago, but it still beat Wall Street expectations.

Reynolds American Inc., up $1.90 to $61.]]> Tue, 21 Oct 2014 16:46:21 -0600 <![CDATA[Unemployment rates fall in 31 US states last month]]> http://gazette.com/unemployment-rates-fall-in-31-us-states-last-month/article/feed/170031?custom_click=rss http://gazette.com/unemployment-rates-fall-in-31-us-states-last-month/article/feed/170031?custom_click=rss WASHINGTON (AP) — Unemployment rates fell in 31 U.S. states in September, including many currently embroiled in tough political campaigns. The report is the final data on state unemployment before the midterm elections Nov. 4.

The Labor Department says unemployment rates rose in 8 states and were unchanged in 11 states. That's the smallest number of states to see an increase since April.

Employers added jobs in 39 states and cut jobs in 10. South Dakota's job count changed little. Texas added the most jobs with 36,400.

Colorado and Kentucky, two states with hard-fought Senate campaigns, showed the biggest unemployment declines. Colorado's fell to 4.7 percent from 5.1 percent, while Kentucky's dropped to 6.7 percent fr

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]]> WASHINGTON (AP) — Unemployment rates fell in 31 U.S. states in September, including many currently embroiled in tough political campaigns. The report is the final data on state unemployment before the midterm elections Nov. 4.

The Labor Department says unemployment rates rose in 8 states and were unchanged in 11 states. That's the smallest number of states to see an increase since April.

Employers added jobs in 39 states and cut jobs in 10. South Dakota's job count changed little. Texas added the most jobs with 36,400.

Colorado and Kentucky, two states with hard-fought Senate campaigns, showed the biggest unemployment declines. Colorado's fell to 4.7 percent from 5.1 percent, while Kentucky's dropped to 6.7 percent fr]]> Tue, 21 Oct 2014 16:46:01 -0600 <![CDATA[Yahoo's 3Q earnings soar on Alibaba windfall]]> http://gazette.com/yahoos-3q-earnings-soar-on-alibaba-windfall/article/feed/170206?custom_click=rss http://gazette.com/yahoos-3q-earnings-soar-on-alibaba-windfall/article/feed/170206?custom_click=rss SUNNYVALE, Calif. (AP) — Yahoo's third-quarter earnings soared as the Internet company collected a huge windfall from Alibaba's recent IPO. Revenue also rose slightly from the previous year, a welcome change for a company that has been posting quarterly declines for most of the past five years.

The uptick included more than $200 million in revenue from mobile devices. That represented 17 percent of Yahoo's total revenue for the three months that ended in September, an indication that CEO Marissa Mayer's emphasis on designing sleeker applications for smartphones and tablets is starting to pay off.

Yahoo's stock climbed $1.12, or nearly 3 percent, to $41.30 in extended trading Tuesday.

The Sunnyvale, California, company

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]]> SUNNYVALE, Calif. (AP) — Yahoo's third-quarter earnings soared as the Internet company collected a huge windfall from Alibaba's recent IPO. Revenue also rose slightly from the previous year, a welcome change for a company that has been posting quarterly declines for most of the past five years.

The uptick included more than $200 million in revenue from mobile devices. That represented 17 percent of Yahoo's total revenue for the three months that ended in September, an indication that CEO Marissa Mayer's emphasis on designing sleeker applications for smartphones and tablets is starting to pay off.

Yahoo's stock climbed $1.12, or nearly 3 percent, to $41.30 in extended trading Tuesday.

The Sunnyvale, California, company]]> Tue, 21 Oct 2014 16:46:01 -0600 <![CDATA[Discover's 3Q net income up nearly 9 percent]]> http://gazette.com/discovers-3q-net-income-up-nearly-9-percent/article/feed/170205?custom_click=rss http://gazette.com/discovers-3q-net-income-up-nearly-9-percent/article/feed/170205?custom_click=rss RIVERWOODS, Ill. (AP) — Discover Financial Services says its third-quarter net income increased nearly 9 percent to beat market expectations.

The credit card issuer and lender's gains were made on increased credit card spending and overall lending.

Discover said Tuesday that its net income after preferred dividends rose to $630 million, or $1.37 per share. That compares with $579 million, or $1.20 per share, a year earlier. Revenue net of interest expense rose to $2.19 billion from $2.06 billion.

Analysts polled by FactSet expected earnings of $1.34 per share on revenue of $2.2 billion.

Shares of the Riverwoods, Illinois-based company ended regular trading up $1.68 to $64.38 and added 13 cents in extended tradin

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]]> RIVERWOODS, Ill. (AP) — Discover Financial Services says its third-quarter net income increased nearly 9 percent to beat market expectations.

The credit card issuer and lender's gains were made on increased credit card spending and overall lending.

Discover said Tuesday that its net income after preferred dividends rose to $630 million, or $1.37 per share. That compares with $579 million, or $1.20 per share, a year earlier. Revenue net of interest expense rose to $2.19 billion from $2.06 billion.

Analysts polled by FactSet expected earnings of $1.34 per share on revenue of $2.2 billion.

Shares of the Riverwoods, Illinois-based company ended regular trading up $1.68 to $64.38 and added 13 cents in extended tradin]]> Tue, 21 Oct 2014 16:45:58 -0600 <![CDATA[US stocks log biggest gain of the year; Apple up]]> http://gazette.com/us-stocks-log-biggest-gain-of-the-year-apple-up/article/feed/170174?custom_click=rss http://gazette.com/us-stocks-log-biggest-gain-of-the-year-apple-up/article/feed/170174?custom_click=rss

NEW YORK (AP) — The stock market had its best day of the year as investors applauded solid earnings from U.S. companies and economic growth in China.

It was the fourth straight gain for the Standard & Poor's 500. The index climbed 37 points, or 2 percent, to 1,941.

The market has now clawed back much of the ground it lost over the last two weeks. The S&P 500 is still 3.5 percent below the all-time high it reached in mid-September.

Apple rose 3 percent after predicting strong holiday sales, and Harley-Davidson jumped 7 percent after its results beat analysts' forecasts.

The Dow Jones industrial average rose 215 points, or 1.3 percent, to 16,614.

The Nasdaq composite rose 103 points, or 2.4 percent, to 4,419

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]]> NEW YORK (AP) — The stock market had its best day of the year as investors applauded solid earnings from U.S. companies and economic growth in China.

It was the fourth straight gain for the Standard & Poor's 500. The index climbed 37 points, or 2 percent, to 1,941.

The market has now clawed back much of the ground it lost over the last two weeks. The S&P 500 is still 3.5 percent below the all-time high it reached in mid-September.

Apple rose 3 percent after predicting strong holiday sales, and Harley-Davidson jumped 7 percent after its results beat analysts' forecasts.

The Dow Jones industrial average rose 215 points, or 1.3 percent, to 16,614.

The Nasdaq composite rose 103 points, or 2.4 percent, to 4,419]]> Tue, 21 Oct 2014 16:16:36 -0600 <![CDATA[Big slump is no cause to ditch stock market]]> http://gazette.com/big-slump-is-no-cause-to-ditch-stock-market/article/feed/170061?custom_click=rss http://gazette.com/big-slump-is-no-cause-to-ditch-stock-market/article/feed/170061?custom_click=rss

NEW YORK (AP) — After more than five years of stock market gains, investors could be forgiven for worrying that big sell-offs may be the harbingers of bigger slumps.

But, even as stocks were plunging last week, strategists and professional investors were telling their clients that the volatility was no reason to abandon the market.

Worries about a slowdown in global growth drove oil prices and global stock indices sharply lower. Headlines about the spread of Ebola and the deepening conflict with Islamic State fighters in the Middle East also turned investors cautious.

Still, many investment strategists pointed out that the key factors supporting stocks during their current bull run market remain in place. The U.S.

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]]> NEW YORK (AP) — After more than five years of stock market gains, investors could be forgiven for worrying that big sell-offs may be the harbingers of bigger slumps.

But, even as stocks were plunging last week, strategists and professional investors were telling their clients that the volatility was no reason to abandon the market.

Worries about a slowdown in global growth drove oil prices and global stock indices sharply lower. Headlines about the spread of Ebola and the deepening conflict with Islamic State fighters in the Middle East also turned investors cautious.

Still, many investment strategists pointed out that the key factors supporting stocks during their current bull run market remain in place. The U.S.]]> Tue, 21 Oct 2014 16:16:14 -0600 <![CDATA[Nielsen's top prime-time programs for Oct. 13-19]]> http://gazette.com/nielsens-top-prime-time-programs-for-oct.-13-19/article/feed/170175?custom_click=rss http://gazette.com/nielsens-top-prime-time-programs-for-oct.-13-19/article/feed/170175?custom_click=rss Prime-time viewership numbers compiled by Nielsen for Oct. 13-19. Listings include the week's ranking and viewership.

1. NFL Football: San Francisco at Denver, NBC, 23.79 million.

2. "Sunday Night NFL Pre-Kick," NBC, 17.76 million.

3. "NCIS," CBS, 17.26 million.

4. "NCIS: New Orleans," CBS, 16.14 million.

5. NFL Football: NY Jets at New England, CBS, 16.09 million.

6. "The Big Bang Theory," CBS, 15.32 million.

7. "The OT," Fox, 13.78 million.

8. "The Voice" (Monday), NBC, 13.28 million.

9. Football: Notre Dame at Florida State, ABC, 13.25 million.

10. "Dancing With the Stars," ABC, 12.74 million.

11. "Football Night in America," NBC, 12.61 million.

12. "The Voice" (T

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]]> Prime-time viewership numbers compiled by Nielsen for Oct. 13-19. Listings include the week's ranking and viewership.

1. NFL Football: San Francisco at Denver, NBC, 23.79 million.

2. "Sunday Night NFL Pre-Kick," NBC, 17.76 million.

3. "NCIS," CBS, 17.26 million.

4. "NCIS: New Orleans," CBS, 16.14 million.

5. NFL Football: NY Jets at New England, CBS, 16.09 million.

6. "The Big Bang Theory," CBS, 15.32 million.

7. "The OT," Fox, 13.78 million.

8. "The Voice" (Monday), NBC, 13.28 million.

9. Football: Notre Dame at Florida State, ABC, 13.25 million.

10. "Dancing With the Stars," ABC, 12.74 million.

11. "Football Night in America," NBC, 12.61 million.

12. "The Voice" (T]]> Tue, 21 Oct 2014 16:16:12 -0600 <![CDATA[Feds say mine operators warned before accident]]> Associated Press http://gazette.com/feds-say-mine-operators-warned-before-accident/article/1539927?custom_click=rss http://gazette.com/feds-say-mine-operators-warned-before-accident/article/1539927?custom_click=rss DURANGO — Federal mine inspectors say operators were warned numerous times of potential danger before two men died of carbon-monoxide poisoning in 2013.

Mine Safety and Health Administration administrator Joe Main said Tuesday managers of the Revenue-Virginius Mine near Ouray (yoo-RAY') improperly disposed of deteriorated explosives in a mine shaft, filling the area with toxic gas, and then failed to seal off the area or ventilate the mine.

Main says managers ignored complaints from other miners, who said they became ill before the two miners died.

The mine was cited 33 times after Star Mine became the operator in 2011, including 13 that regulators determined were reasonably likely to result in injury or



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]]>
DURANGO — Federal mine inspectors say operators were warned numerous times of potential danger before two men died of carbon-monoxide poisoning in 2013.

Mine Safety and Health Administration administrator Joe Main said Tuesday managers of the Revenue-Virginius Mine near Ouray (yoo-RAY') improperly disposed of deteriorated explosives in a mine shaft, filling the area with toxic gas, and then failed to seal off the area or ventilate the mine.

Main says managers ignored complaints from other miners, who said they became ill before the two miners died.

The mine was cited 33 times after Star Mine became the operator in 2011, including 13 that regulators determined were reasonably likely to result in injury or

]]>
Tue, 21 Oct 2014 15:17:00 -0600
<![CDATA[Frontier offers one-way flights from Denver for as low as $39]]> The Gazette http://gazette.com/frontier-offers-one-way-flights-from-denver-for-as-low-as-39/article/1539925?custom_click=rss http://gazette.com/frontier-offers-one-way-flights-from-denver-for-as-low-as-39/article/1539925?custom_click=rss

Are you looking for a cheap flight before Thanksgiving? If you book by Thursday, Frontier Airlines might be for you.

The airline is offering one-way flights as low as $39 for some flights if you buy your ticket by Thursday and fly out of Denver.

Destinations for the one-way flight include Phoenix, Oklahoma City, Bismarck, N.D. and Omaha, Neb. For a little more cash you can add Kansas City, Las Vegas and Los Angeles to the list.

Return flights cost more, but most roundtrip flights listed are less than $200.

To see the flights, click here.



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]]>
Are you looking for a cheap flight before Thanksgiving? If you book by Thursday, Frontier Airlines might be for you.

The airline is offering one-way flights as low as $39 for some flights if you buy your ticket by Thursday and fly out of Denver.

Destinations for the one-way flight include Phoenix, Oklahoma City, Bismarck, N.D. and Omaha, Neb. For a little more cash you can add Kansas City, Las Vegas and Los Angeles to the list.

Return flights cost more, but most roundtrip flights listed are less than $200.

To see the flights, click here.

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Tue, 21 Oct 2014 15:11:47 -0600
<![CDATA[Terminal case: Colorado Springs Airport dealing with challenges 20 years after building's opening]]> By Wayne Heilman wayneh@gazette.com -By wayne heilman - the gazette http://gazette.com/terminal-case-colorado-springs-airport-dealing-with-challenges-20-years-after-buildings-opening/article/1539787?custom_click=rss http://gazette.com/terminal-case-colorado-springs-airport-dealing-with-challenges-20-years-after-buildings-opening/article/1539787?custom_click=rss

On Oct. 22, 1994, a few days after a blowout community celebration that lasted nearly 10 hours, a 12-gate passenger terminal opened to great fanfare and high hopes just a few miles south of the old Colorado Springs Airport building near Powers Boulevard. - "The larger terminal will allow the airport to accommodate 2.5 million passengers a year, nearly 1 million more than the 1,524,800 passengers Colorado Springs served in 1993," read one enthusiastic account in The Gazette. - A year later, the $31 million terminal seemed well on its way to meeting its lofty potential. Ten airlines were operating more than 50 flights a day. Soon after, a new airline would form in Colorado Springs and grow to serve more than 30 cities. In 1996, 2.4 million

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]]> On Oct. 22, 1994, a few days after a blowout community celebration that lasted nearly 10 hours, a 12-gate passenger terminal opened to great fanfare and high hopes just a few miles south of the old Colorado Springs Airport building near Powers Boulevard. - "The larger terminal will allow the airport to accommodate 2.5 million passengers a year, nearly 1 million more than the 1,524,800 passengers Colorado Springs served in 1993," read one enthusiastic account in The Gazette. - A year later, the $31 million terminal seemed well on its way to meeting its lofty potential. Ten airlines were operating more than 50 flights a day. Soon after, a new airline would form in Colorado Springs and grow to serve more than 30 cities. In 1996, 2.4 million]]> Tue, 21 Oct 2014 13:45:01 -0600 <![CDATA[Judge's ruling puts stalled Colorado Springs project on road to revival]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/judges-ruling-puts-stalled-colorado-springs-project-on-road-to-revival/article/1539882?custom_click=rss http://gazette.com/judges-ruling-puts-stalled-colorado-springs-project-on-road-to-revival/article/1539882?custom_click=rss

A federal bankruptcy judge in Denver approved a plan Monday for a committee of lienholders to take over the troubled Colorado Crossing project Nov. 4, ending a 4½-year bankruptcy that has left the five-building complex unfinished for nearly six years.

The decision could help resurrect the project, but nothing will happen right away.

The committee will spend about a month evaluating proposals from several investors and others who have shown interest in buying the 190,000-square-foot complex on the northern edge of Colorado Springs, said Jim Johnson, CEO of GE Johnson Construction, who heads the committee.



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]]>
A federal bankruptcy judge in Denver approved a plan Monday for a committee of lienholders to take over the troubled Colorado Crossing project Nov. 4, ending a 4½-year bankruptcy that has left the five-building complex unfinished for nearly six years.

The decision could help resurrect the project, but nothing will happen right away.

The committee will spend about a month evaluating proposals from several investors and others who have shown interest in buying the 190,000-square-foot complex on the northern edge of Colorado Springs, said Jim Johnson, CEO of GE Johnson Construction, who heads the committee.

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Tue, 21 Oct 2014 08:05:08 -0600
<![CDATA[Colorado Springs call center won't close, after all -- and it's hiring]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/colorado-springs-call-center-wont-close-after-all-and-its-hiring/article/1539861?custom_click=rss http://gazette.com/colorado-springs-call-center-wont-close-after-all-and-its-hiring/article/1539861?custom_click=rss

In a dramatic about-face, Firstsource Solutions Ltd. announced Monday that it will keep its Colorado Springs call center open and add 100 employees over the next 18 months after receiving a contract from a major health care plan to enroll new members.

The India-based company said in March that it would close the center at 5725 Mark Dabling Blvd. by September and lay off all 300 employees after losing a key customer it did not identify. The center now has about 50 employees, and a company spokesman said workers who were laid off and "who are in good standing and qualified" to work with the new client are being recalled.

Firstsource declined to name the new client, but there are five Fortune 100 health care companies: Aetna,

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]]> In a dramatic about-face, Firstsource Solutions Ltd. announced Monday that it will keep its Colorado Springs call center open and add 100 employees over the next 18 months after receiving a contract from a major health care plan to enroll new members.

The India-based company said in March that it would close the center at 5725 Mark Dabling Blvd. by September and lay off all 300 employees after losing a key customer it did not identify. The center now has about 50 employees, and a company spokesman said workers who were laid off and "who are in good standing and qualified" to work with the new client are being recalled.

Firstsource declined to name the new client, but there are five Fortune 100 health care companies: Aetna,]]> Mon, 20 Oct 2014 17:15:01 -0600 <![CDATA[Colorado's top court upholds 2010 PERA ruling]]> By MEGAN SCHRADER megan.schrader@gazette.com - http://gazette.com/colorados-top-court-upholds-2010-pera-ruling/article/1539879?custom_click=rss http://gazette.com/colorados-top-court-upholds-2010-pera-ruling/article/1539879?custom_click=rss A Colorado Supreme Court ruling on Monday upheld the state's 2010 decision to reduce annual cost-of-living increases for state employee retirees in an effort to make the retirement fund more financially sound.

A number of retirees sued the state and the Colorado Public Employees' Retirement Association (PERA) after lawmakers enacted Senate Bill 1, which among other things reduced the annual cost-of-living adjustment, or COLA, for existing employees and retirees from 3.5 percent to 2 percent.

The plaintiffs in the class-action lawsuit said the state changing the COLA was a breach of contract.

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]]> A Colorado Supreme Court ruling on Monday upheld the state's 2010 decision to reduce annual cost-of-living increases for state employee retirees in an effort to make the retirement fund more financially sound.

A number of retirees sued the state and the Colorado Public Employees' Retirement Association (PERA) after lawmakers enacted Senate Bill 1, which among other things reduced the annual cost-of-living adjustment, or COLA, for existing employees and retirees from 3.5 percent to 2 percent.

The plaintiffs in the class-action lawsuit said the state changing the COLA was a breach of contract.]]> Mon, 20 Oct 2014 16:55:02 -0600 <![CDATA[MOVERS & SHAKERS]]> The gazette - http://gazette.com/movers-shakers/article/1539865?custom_click=rss http://gazette.com/movers-shakers/article/1539865?custom_click=rss

Dr. Steven Clancy has joined Pine Creek Vision Clinic as an associate optometrist. A retired Air Force lieutenant colonel, he completed tours as chief of optometry at several locations, including Peterson Air Force Base. He earned his degree in optometry from the Illinois College of Optometry.

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.

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]]> Dr. Steven Clancy has joined Pine Creek Vision Clinic as an associate optometrist. A retired Air Force lieutenant colonel, he completed tours as chief of optometry at several locations, including Peterson Air Force Base. He earned his degree in optometry from the Illinois College of Optometry.

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.]]> Mon, 20 Oct 2014 13:50:02 -0600 <![CDATA[Missing Count Chocula in Colorado town found drowned in booze]]> Coloradoan http://gazette.com/missing-count-chocula-in-colorado-town-found-drowned-in-booze/article/1539863?custom_click=rss http://gazette.com/missing-count-chocula-in-colorado-town-found-drowned-in-booze/article/1539863?custom_click=rss

The case of the missing Count Chocula cereal boxes was solved Friday in Fort Collins, when a craft brewer admitted to buying them to brew in a small-batch beer.

Black Bottle Brewery in Fort Collins bought two Albertsons' inventories of the iconic chocolate and marshmallow-bit cereal, puzzling at least one shopper in the process, according to the Coloradoan. 

"Every year I greatly look forward to the month of October when I can purchase a few boxes of this delicious chococlatey (sic) goodness," Kristen Clark wrote in a letter to the Coloradoan.

Clark is a "vegetarian and organic food eater for the most part," but said she makes an exception once a year at Halloween for the 43-year-old General Mills cereal.



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]]>
The case of the missing Count Chocula cereal boxes was solved Friday in Fort Collins, when a craft brewer admitted to buying them to brew in a small-batch beer.

Black Bottle Brewery in Fort Collins bought two Albertsons' inventories of the iconic chocolate and marshmallow-bit cereal, puzzling at least one shopper in the process, according to the Coloradoan. 

"Every year I greatly look forward to the month of October when I can purchase a few boxes of this delicious chococlatey (sic) goodness," Kristen Clark wrote in a letter to the Coloradoan.

Clark is a "vegetarian and organic food eater for the most part," but said she makes an exception once a year at Halloween for the 43-year-old General Mills cereal.

]]>
Mon, 20 Oct 2014 12:58:03 -0600
<![CDATA[Voice of the Consumer: Keep a whistle by the phone]]> By Betty Sexton, KKTV News - http://gazette.com/voice-of-the-consumer-keep-a-whistle-by-the-phone/article/1539813?custom_click=rss http://gazette.com/voice-of-the-consumer-keep-a-whistle-by-the-phone/article/1539813?custom_click=rss

I know it may sound extreme, but at some point you may want to spend a couple of bucks and buy a whistle.

The reason: To keep it by your phone and blow it into the receiver when a crook calls. That might be the only way to send a message to the creeps who keep calling.

You know, the ones who keep trying to convince you that you owe the Internal Revenue Service a lot of money and must pay now.

Jerry Barnes of Colorado Springs was at his wit's end. He says his wife, Shirley, gets about seven calls a day from con artists. They claim she's going to be arrested, that a bench warrant has been issued, and she better pay the IRS or be hauled off to jail by a sheriff's deputy. Thank goodness she doesn't believe it. She just



Read more on Colorado Springs Gazette


]]>
I know it may sound extreme, but at some point you may want to spend a couple of bucks and buy a whistle.

The reason: To keep it by your phone and blow it into the receiver when a crook calls. That might be the only way to send a message to the creeps who keep calling.

You know, the ones who keep trying to convince you that you owe the Internal Revenue Service a lot of money and must pay now.

Jerry Barnes of Colorado Springs was at his wit's end. He says his wife, Shirley, gets about seven calls a day from con artists. They claim she's going to be arrested, that a bench warrant has been issued, and she better pay the IRS or be hauled off to jail by a sheriff's deputy. Thank goodness she doesn't believe it. She just

]]>
Mon, 20 Oct 2014 08:38:58 -0600
<![CDATA[COLORADO SPRINGS AREA BUSINESS EVENTS: OCT. 19]]> By carlotta olson - http://gazette.com/colorado-springs-area-business-events-oct.-19/article/1539783?custom_click=rss http://gazette.com/colorado-springs-area-business-events-oct.-19/article/1539783?custom_click=rss MONDAY

PBX (Premier Business Exchange) - 8-9:30 a.m., LegalShield Success Center, 1120 N. Circle Drive, Suite 10; 243-3174, mbrshow.com/pbx.htm.

Colorado Springs Wedding and Event Vendors Networking Group - 9-10:30 a.m., Rocky Mountain Calvary, 4285 N. Academy Blvd., $60 for a year; Annie, 570-0761, tinyurl.com/mynxh83.

Pikes Peak Workforce Center - Intro to PPWFC Orientation, 
10 a.m.-noon, Citizens Service Center, 1675 Garden of the Gods Road, free. Registration: ppwfc.org.

Pikes Peak Workforce Center - From Job Loss to Job Search, 
2-4 p.m., Citizens Service Center, 1675 Garden of the Gods Road, free. Registration: ppwfc.org.

TUESDAY

Toastmasters - 7:30-8:30 a.m., Memorial Hospital,

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]]> MONDAY

PBX (Premier Business Exchange) - 8-9:30 a.m., LegalShield Success Center, 1120 N. Circle Drive, Suite 10; 243-3174, mbrshow.com/pbx.htm.

Colorado Springs Wedding and Event Vendors Networking Group - 9-10:30 a.m., Rocky Mountain Calvary, 4285 N. Academy Blvd., $60 for a year; Annie, 570-0761, tinyurl.com/mynxh83.

Pikes Peak Workforce Center - Intro to PPWFC Orientation, 
10 a.m.-noon, Citizens Service Center, 1675 Garden of the Gods Road, free. Registration: ppwfc.org.

Pikes Peak Workforce Center - From Job Loss to Job Search, 
2-4 p.m., Citizens Service Center, 1675 Garden of the Gods Road, free. Registration: ppwfc.org.

TUESDAY

Toastmasters - 7:30-8:30 a.m., Memorial Hospital,]]> Sun, 19 Oct 2014 04:20:33 -0600 <![CDATA[Higher prices may leave bitter taste in chocolate lovers' mouths]]> By stephen hobbs stephen.hobbs@gazette.com - http://gazette.com/higher-prices-may-leave-bitter-taste-in-chocolate-lovers-mouths/article/1539709?custom_click=rss http://gazette.com/higher-prices-may-leave-bitter-taste-in-chocolate-lovers-mouths/article/1539709?custom_click=rss

The news is not good for chocolate lovers.

The cost of cocoa, a commodity that has risen in price by 50 percent since early last year, is getting another increase because of the Ebola crisis in West Africa, the world's biggest cocoa-producing region. Reduced supplies and greater concerns about the spread of the virus could mean even higher prices, which will likely trickle down to the consumer in the form of more costly candy, baked goods, restaurant desserts and other products.

The price increase has rippled to businesses 6,000 miles away, like Patsy's Candies in Colorado Springs. Co-owner Mike Niswonger said concerns over the virus bumped up cocoa prices just when it looked like they would drop again.

Read more on Colorado Springs Gazette


]]> The news is not good for chocolate lovers.

The cost of cocoa, a commodity that has risen in price by 50 percent since early last year, is getting another increase because of the Ebola crisis in West Africa, the world's biggest cocoa-producing region. Reduced supplies and greater concerns about the spread of the virus could mean even higher prices, which will likely trickle down to the consumer in the form of more costly candy, baked goods, restaurant desserts and other products.

The price increase has rippled to businesses 6,000 miles away, like Patsy's Candies in Colorado Springs. Co-owner Mike Niswonger said concerns over the virus bumped up cocoa prices just when it looked like they would drop again.]]> Fri, 17 Oct 2014 17:53:41 -0600 <![CDATA[Airline that carried Ebola patient offering 20 percent discounts today]]> By Terry Maxon, The Dallas Morning News - http://gazette.com/airline-that-carried-ebola-patient-offering-20-percent-discounts-today/article/1539693?custom_click=rss http://gazette.com/airline-that-carried-ebola-patient-offering-20-percent-discounts-today/article/1539693?custom_click=rss

DALLAS - Frontier Airlines, which had the misfortune of carrying a Dallas nurse with Ebola, might be hurting for reservations.

It sent out emails to customers Friday offering them a 20 percent discount on tickets booked Friday. The discount is good for travel from Oct. 23 through Dec. 18, with Nov. 21-26 and Nov. 29-Dec. 1 blacked out. Customers must use the discount code TWENTY to receive the discount.

The Centers for Disease Control and Prevention put out a notice Thursday reaching out to passengers on Frontier Flight 1142 on Friday, Oct. 10, from Dallas/Fort Worth to Cleveland. It previously began attempts to contact passengers on Frontier Flight 1143 on Monday, Oct. 13.



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]]>
DALLAS - Frontier Airlines, which had the misfortune of carrying a Dallas nurse with Ebola, might be hurting for reservations.

It sent out emails to customers Friday offering them a 20 percent discount on tickets booked Friday. The discount is good for travel from Oct. 23 through Dec. 18, with Nov. 21-26 and Nov. 29-Dec. 1 blacked out. Customers must use the discount code TWENTY to receive the discount.

The Centers for Disease Control and Prevention put out a notice Thursday reaching out to passengers on Frontier Flight 1142 on Friday, Oct. 10, from Dallas/Fort Worth to Cleveland. It previously began attempts to contact passengers on Frontier Flight 1143 on Monday, Oct. 13.

]]>
Fri, 17 Oct 2014 16:05:09 -0600
<![CDATA[MOVERS & SHAKERS]]> The Gazette - http://gazette.com/movers-shakers/article/1539691?custom_click=rss http://gazette.com/movers-shakers/article/1539691?custom_click=rss

Jeff Martin, a 20-year veteran of the Colorado Springs Fire Department, was recently selected as one of two 2014 Non-Physician Providers of the Year by the Colorado Coalition for the Medically Underserved. Martin also is executive director of Open Bible Medical Clinic and TLC Pharmacy in Colorado Springs.

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.

Read more on Colorado Springs Gazette


]]> Jeff Martin, a 20-year veteran of the Colorado Springs Fire Department, was recently selected as one of two 2014 Non-Physician Providers of the Year by the Colorado Coalition for the Medically Underserved. Martin also is executive director of Open Bible Medical Clinic and TLC Pharmacy in Colorado Springs.

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, 17 Oct 2014 12:20:01 -0600 <![CDATA[Colorado Springs edibles company settles suit over Hershey look-alike candy]]> By David Migoya, The Denver Post http://gazette.com/colorado-springs-edibles-company-settles-suit-over-hershey-look-alike-candy/article/1539688?custom_click=rss http://gazette.com/colorado-springs-edibles-company-settles-suit-over-hershey-look-alike-candy/article/1539688?custom_click=rss

The small Colorado Springs-based producer of marijuana edibles, sued in June by candy giant The Hershey Company for allegedly breaching a number of design and name patents, quietly settled the dispute.

In a settlement penned in late September, TinctureBelle agreed to recall and destroy all edibles it sold that looked like the famed chocolate company's products, or with names that played on their brands.

Although the edibles company said it had stopped making products that appeared like those produced by Hershey — including well-known names such as Reese's, Almond Joy and Heath — long before the federal lawsuit was filed in June in U.S. District Court in Denver, the settlement makes sure it won't happen again.



Read more on Colorado Springs Gazette


]]>
The small Colorado Springs-based producer of marijuana edibles, sued in June by candy giant The Hershey Company for allegedly breaching a number of design and name patents, quietly settled the dispute.

In a settlement penned in late September, TinctureBelle agreed to recall and destroy all edibles it sold that looked like the famed chocolate company's products, or with names that played on their brands.

Although the edibles company said it had stopped making products that appeared like those produced by Hershey — including well-known names such as Reese's, Almond Joy and Heath — long before the federal lawsuit was filed in June in U.S. District Court in Denver, the settlement makes sure it won't happen again.

]]>
Fri, 17 Oct 2014 11:32:33 -0600
<![CDATA[Ka-ching! Surge in Colorado Springs sales tax collections]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/ka-ching-surge-in-colorado-springs-sales-tax-collections/article/1539641?custom_click=rss http://gazette.com/ka-ching-surge-in-colorado-springs-sales-tax-collections/article/1539641?custom_click=rss

A big ending to a strong summer tourism season helped boost consumer spending in Colorado Springs in August to the best monthly gain in 1½ years.

Collections from the city's 2 percent sales tax in September, reflecting August sales, were up 16.7 percent from September 2013 to $12.6 million, the biggest percentage increase since February 2013.

For three of the past four months, sales tax collections have been up by double-digit percentages compared with the same month in 2013, and have increased in 10 of the past 11 months.

Collections this year are up 6.5 percent from a year ago to $87.7 million.

The city's primary measure of the tourism industry - collections of its tax on hotel rooms and rental cars - jumped



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]]>
A big ending to a strong summer tourism season helped boost consumer spending in Colorado Springs in August to the best monthly gain in 1½ years.

Collections from the city's 2 percent sales tax in September, reflecting August sales, were up 16.7 percent from September 2013 to $12.6 million, the biggest percentage increase since February 2013.

For three of the past four months, sales tax collections have been up by double-digit percentages compared with the same month in 2013, and have increased in 10 of the past 11 months.

Collections this year are up 6.5 percent from a year ago to $87.7 million.

The city's primary measure of the tourism industry - collections of its tax on hotel rooms and rental cars - jumped

]]>
Fri, 17 Oct 2014 05:19:28 -0600