<![CDATA[Colorado Springs Gazette RSS - business]]> http://gazette.com/rss/business Thu, 30 Jul 2015 12:24:23 -0600 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[Hercules recalling 90,000 SUV tires]]> http://gazette.com/hercules-recalling-90000-suv-tires/article/feed/256873?custom_click=rss http://gazette.com/hercules-recalling-90000-suv-tires/article/feed/256873?custom_click=rss DETROIT (AP) — An Ohio company is recalling about 90,000 SUV tires because the tread can separate, causing a loss of air and increasing the risk of a crash.

The recall covers certain 15- and 16-inch Hercules Tire & Rubber Co. All Trac A/T tires made from June of 2008 to May of 2010.

The Findlay, Ohio, company says in documents filed with U.S. safety regulators that dealers will replace the tires with a newer version that has a full nylon cap. The recalled tires have a partial nylon cap.

The recall was to start this month. It was unclear if there have been any crashes or injuries. The company said in a statement that it's committed to working with customers through the recall.

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]]> Thu, 30 Jul 2015 12:48:58 -0600 <![CDATA[US stocks recover from an early loss and are near breakeven]]> http://gazette.com/us-stocks-recover-from-an-early-loss-and-are-near-breakeven/article/feed/256926?custom_click=rss http://gazette.com/us-stocks-recover-from-an-early-loss-and-are-near-breakeven/article/feed/256926?custom_click=rss

NEW YORK (AP) — After starting the day broadly lower, U.S. stocks recovered nearly all of their losses by mid-afternoon Thursday and were trading near breakeven. Investors remain focused on earnings. A batch of disappointing results from Procter & Gamble, Facebook and others weighed on the market. Investors are also looking over a report that showed the U.S. economy rebounded in the second quarter.

KEEPING SCORE: The Dow Jones industrial average lost 11 points, or 0.1 percent, to 17,740 as of 1:40 p.m. Eastern. The Standard & Poor's 500 index lost a point, or 0.04 percent, to 2,108 and the Nasdaq composite was up 21 points, or 0.4 percent, to 5,132.

RECOVERY: The U.S. economy grew at a 2.3 percent annual rate in the April-J

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]]> Thu, 30 Jul 2015 12:47:29 -0600 <![CDATA[Defendants in fatal hayride crash in Maine plead not guilty]]> http://gazette.com/defendants-in-fatal-hayride-crash-in-maine-plead-not-guilty/article/feed/256941?custom_click=rss http://gazette.com/defendants-in-fatal-hayride-crash-in-maine-plead-not-guilty/article/feed/256941?custom_click=rss

AUBURN, Maine (AP) — All three defendants in a Halloween-themed hayride crash that killed a teenager and injured more than a dozen other passengers pleaded not guilty Thursday in their first court appearance.

The driver, 55-year-old David Brown of South Paris, and a farm mechanic, 38-year-old Phillip Theberge of Norway, appeared in court to enter their pleas to reckless conduct. A Portland attorney represented Harvest Hill Farm of Mechanic Falls, which is charged with manslaughter, aggravated assault, driving to endanger and reckless conduct.

A judge in Androscoggin County Superior Court allowed Theberge and Brown to be released on personal recognizance, with no bail conditions.

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]]> Thu, 30 Jul 2015 12:42:10 -0600 <![CDATA[Senate panel passes bill lifting crude oil export ban]]> http://gazette.com/senate-panel-passes-bill-lifting-crude-oil-export-ban/article/feed/256973?custom_click=rss http://gazette.com/senate-panel-passes-bill-lifting-crude-oil-export-ban/article/feed/256973?custom_click=rss WASHINGTON (AP) — A Senate panel has approved energy legislation that would lift the 40-year-old ban on crude oil exports and open some areas of the Outer Continental Shelf to oil and gas exploration.

Republican Lisa Murkowski of Alaska, chairman of the panel, championed the plan to lift the restrictions. It passed by a party-line vote of 12-10.

Murkowski said lifting the ban would turn the U.S. into an energy superpower.

Democrat Maria Cantwell of Washington, who opposes lifting the ban, describes the votes as an important first step in a long journey.

The Senate Energy and Natural Resources Committee approved an array of energy legislation on Thursday. Lawmakers wanted to move the energy legislation out of com

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]]> Thu, 30 Jul 2015 12:38:02 -0600 <![CDATA[Ex-NY Senate leader heading to trial on corruption charges]]> http://gazette.com/ex-ny-senate-leader-heading-to-trial-on-corruption-charges/article/feed/256932?custom_click=rss http://gazette.com/ex-ny-senate-leader-heading-to-trial-on-corruption-charges/article/feed/256932?custom_click=rss

NEW YORK (AP) — A former state Senate leader is set to go to trial this fall on charges he sold his office for the sake of his adult son.

A federal judge in Manhattan scheduled a Nov. 16 trial date for Dean Skelos and his 33-year-old son, Adam, on Thursday at a hearing where the pair pleaded not guilty to a revised indictment adding new extortion and bribery charges alleging they bullied an executive into giving the son a no-show job in exchange for political favors.

The trial for the once-powerful Republican from Long Island could overlap with that of former state Assembly Speaker Sheldon Silver, a Democrat whose own corruption case is scheduled to go to trial in the same district Nov. 2. Skelos and Silver, along with Demo

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]]> Thu, 30 Jul 2015 12:37:58 -0600 <![CDATA[Shell icebreaker retreats after showdown with protesters]]> http://gazette.com/shell-icebreaker-retreats-after-showdown-with-protesters/article/feed/256896?custom_click=rss http://gazette.com/shell-icebreaker-retreats-after-showdown-with-protesters/article/feed/256896?custom_click=rss

PORTLAND, Ore. (AP) — A Shell Oil icebreaker retreated Thursday after a showdown with environmental activists dangling from Portland, Oregon's tallest bridge.

Protesters on St. Johns Bridge and kayakers on the Willamette River below have been blocking the icebreaker from heading to the Arctic for a drill operation.

The icebreaker Fennica arrived in Portland for repairs last week. The vessel was damaged earlier this month in the Aleutian Islands when it struck an underwater obstruction, tearing a gash in its hull.

It started its journey to the Arctic early Thursday before stalling in the face of 13 dangling activists linked by ropes.

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]]> Thu, 30 Jul 2015 12:33:58 -0600 <![CDATA[Brilinta? Brintellix? FDA warns of drug name mix-ups]]> http://gazette.com/brilinta-brintellix-fda-warns-of-drug-name-mix-ups/article/feed/256974?custom_click=rss http://gazette.com/brilinta-brintellix-fda-warns-of-drug-name-mix-ups/article/feed/256974?custom_click=rss NEW YORK (AP) — The Food and Drug Administration said Thursday that some doctors and pharmacies are getting confused by the similar names of an antidepressant and a blood-thinning medicine.

The FDA says it's not aware of any patients who took the wrong drug, but the agency says it has received 50 reports of medication errors, including cases where doctors prescribed the wrong drug or pharmacies dispensed the wrong one. The two medications are Brintellix, an antidepressant, and Brilinta, a blood-thinning medication used to treat severe chest pain, prevent death after a heart attack or prevent a second heart attack.

The agency says it's been receiving reports of errors since Brintellix was approved in September 2013.

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]]> Thu, 30 Jul 2015 12:28:42 -0600 <![CDATA[Executive, daughter on college trip killed in plane crash]]> http://gazette.com/executive-daughter-on-college-trip-killed-in-plane-crash/article/feed/256883?custom_click=rss http://gazette.com/executive-daughter-on-college-trip-killed-in-plane-crash/article/feed/256883?custom_click=rss

MILWAUKEE (AP) — The victims of fiery plane crash in Milwaukee were identified Thursday as a top executive at a Boston capital investment firm and his teenage daughter who were traveling to the Midwest for a college visit.

Joseph Trustey, a former Army captain, and his 18-year-old daughter, Anna, died when their small single-engine plane crashed and erupted in flames Wednesday evening at Timmerman Airport, according to Summit Partners, where Trustey was an executive.

Witnesses reported being unable to help because of flames and smoke. The National Transportation Safety Board is investigating, and there was no immediate word on what caused the crash.

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]]> Thu, 30 Jul 2015 12:21:02 -0600 <![CDATA[US average rate on 30-year home loans falls to 3.98 percent]]> http://gazette.com/us-average-rate-on-30-year-home-loans-falls-to-3.98-percent/article/feed/256963?custom_click=rss http://gazette.com/us-average-rate-on-30-year-home-loans-falls-to-3.98-percent/article/feed/256963?custom_click=rss Average U.S. long-term mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent.

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Thu, 30 Jul 2015 12:12:01 -0600
<![CDATA[Allegiant executives were flying plane that ran low on fuel]]> http://gazette.com/allegiant-executives-were-flying-plane-that-ran-low-on-fuel/article/feed/256957?custom_click=rss http://gazette.com/allegiant-executives-were-flying-plane-that-ran-low-on-fuel/article/feed/256957?custom_click=rss Two executives with pilot licenses were flying the Allegiant Air jet that made an emergency landing at a closed airport because it nearly ran out of fuel.

Allegiant spokeswoman Jessica Wheeler said Thursday that management pilots routinely operate flights to maintain their pilot certification and track day-to-day operations.

Vice president of flight operations Greg Baden and director of flight safety Michael Wuerger were at the controls of the July 23 flight with 144 passengers on board, the airline said. The identity of the pilots was first reported by the Las Vegas Review-Journal.

The plane left Las Vegas more than an hour behind schedule, according to tracking service FlightAware.com.

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]]> Thu, 30 Jul 2015 12:04:02 -0600 <![CDATA[Bleisure: Table for one? Dining alone on a business trip]]> http://gazette.com/bleisure-table-for-one-dining-alone-on-a-business-trip/article/feed/256958?custom_click=rss http://gazette.com/bleisure-table-for-one-dining-alone-on-a-business-trip/article/feed/256958?custom_click=rss

NEW YORK (AP) — A business trip might leave you too tired to venture out for dinner. But if you're up for something beyond room service or hotel restaurants, a good meal out is one way to brighten up long days spent in meetings. Here are some strategies for dining out while traveling for work.

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TABLE FOR ONE?

Elizabeth McCourt, a headhunter and executive coach with her own company, McCourt Leadership Group, is a foodie who loves trying great restaurants when she travels, from Alice Waters' Chez Panisse in Berkeley, California, to Paul Prudhomme's K-Paul's Louisiana Kitchen in New Orleans. She's even asked if an entree could be downsized to appetizer portion so she could sample more than one main course.

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]]> Thu, 30 Jul 2015 11:53:32 -0600 <![CDATA[Prosecutors ask justices to review insider trading case]]> http://gazette.com/prosecutors-ask-justices-to-review-insider-trading-case/article/feed/256939?custom_click=rss http://gazette.com/prosecutors-ask-justices-to-review-insider-trading-case/article/feed/256939?custom_click=rss WASHINGTON (AP) — The Obama administration asked the Supreme Court Thursday to reinstate securities fraud convictions against two hedge fund portfolio managers, saying a federal appeals court ruling in the financiers' favor makes it harder to prosecute insider trading.

The justices should reverse the December ruling by the 2nd U.S. Circuit Court of Appeals in New York and reinstate the convictions of Anthony Chiasson, of New York, and Todd Newman, of Massachusetts, Solicitor General Donald Verrilli Jr. said in his Supreme Court filing.

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]]> Thu, 30 Jul 2015 11:37:57 -0600 <![CDATA[US economy posts solid 2.3 percent growth rate in Q2]]> http://gazette.com/us-economy-posts-solid-2.3-percent-growth-rate-in-q2/article/feed/256861?custom_click=rss http://gazette.com/us-economy-posts-solid-2.3-percent-growth-rate-in-q2/article/feed/256861?custom_click=rss

WASHINGTON (AP) — The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.

It also ended up squeezing out some growth in the first quarter, reversing an earlier estimate that the economy shrank at the start of the year.

The Commerce Department said Thursday that the gross domestic product, the economy's total output of goods and services, grew at a 2.3 percent annual rate in the second quarter. The government also said GDP in the January-March period grew 0.6 percent instead of shrinking at a 0.2 percent pace.

The latest results mirror a familiar pattern over the last few years.

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]]> Thu, 30 Jul 2015 11:35:26 -0600 <![CDATA[3.3 million dry erase boards recalled after due to cut risk]]> http://gazette.com/3.3-million-dry-erase-boards-recalled-after-due-to-cut-risk/article/feed/256947?custom_click=rss http://gazette.com/3.3-million-dry-erase-boards-recalled-after-due-to-cut-risk/article/feed/256947?custom_click=rss NEW YORK (AP) — Acco Brands Corp. is recalling about 3.3 million wall-mounted dry erase boards after customers said they cut their hands, fingers and feet while removing the board from a wall.

The U.S. Consumer Product Safety Commission says metal can be exposed when the board is taken down from a wall. Seven people reported injuries and four of them required stitches.

The boards were sold under the Quartet brand at Ace Hardware, Office Depot and other stores between 2005 and 2013. They come in several colors and sizes and cost between $5 and $10.

Acco, an office supplies manufacturer in Lake Zurich, Illinois, says customers should wear heavy gloves when removing the boards. Customers can contact the company for a cau

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]]> Thu, 30 Jul 2015 11:33:18 -0600 <![CDATA[IMF won't join Greek bailout before reforms, debt relief]]> http://gazette.com/imf-wont-join-greek-bailout-before-reforms-debt-relief/article/feed/256948?custom_click=rss http://gazette.com/imf-wont-join-greek-bailout-before-reforms-debt-relief/article/feed/256948?custom_click=rss WASHINGTON (AP) — An International Monetary Fund official says the IMF cannot participate in another Greek bailout until Greece and its creditors make difficult decisions on economic reforms and debt relief.

Briefing reporters on condition of anonymity, the official says Greece needs to commit to reforms and creditors must provide debt relief — extending loan terms or reducing the debt outright — that will allow Greece to pay its bills over time. "It's always been clear the IMF will only come in once these conditions are in place," he said, suggesting that point is months away.

Still, the fund is participating in ongoing debt talks.

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]]> Thu, 30 Jul 2015 11:29:13 -0600 <![CDATA[Judge: Oil field work caused Weld County man's death]]> http://gazette.com/judge-oil-field-work-caused-weld-county-mans-death/article/1556495?custom_click=rss http://gazette.com/judge-oil-field-work-caused-weld-county-mans-death/article/1556495?custom_click=rss LOVELAND — A judge's decision that the death of a Weld County oil and gas worker was caused by exposure to hydrocarbons could have major implications for the industry.

Federal health officials are taking a closer look at the dangers of "tank gauging," the practice of measuring oil levels after opening a tank hatch, The Denver Post reported Wednesday (http://dpo.st/1OOpmZJ).

In the Weld County case, a 59-year-old truck driver died after he inhaled a mix of deadly hydrocarbon chemicals.

He was among nine oil field workers who died in the past five years while working at crude oil production tanks and measuring the level of oil or other byproducts in tanks.



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Wed, 29 Jul 2015 21:25:22 -0600
<![CDATA[Opening of new Colorado Springs resort and water park targeted for fall 2016]]> http://gazette.com/opening-of-new-colorado-springs-resort-and-water-park-targeted-for-fall-2016/article/1556485?custom_click=rss http://gazette.com/opening-of-new-colorado-springs-resort-and-water-park-targeted-for-fall-2016/article/1556485?custom_click=rss

Wisconsin-based Great Wolf Resorts says it will spend $90 million to transform the unfinished Renaissance Hotel into a family-style resort, which will open in late fall 2016 with a water park, restaurants, children's entertainment and meeting space.

The company, which operates 13 resorts in North America, plans to start work within about a month after buying the partially completed Renaissance last week, spokeswoman Susan Storey said Wednesday. The hotel, east of Interstate 25 and InterQuest Parkway on Colorado Springs' north side, has stood idle for nearly six years since a developer ran out of money.

Great Wolf develops "drive to" resorts for families that want a weekend getaway, Storey said.



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Wed, 29 Jul 2015 19:33:52 -0600
<![CDATA[Colorado Springs ink company wins trade secrets verdict]]> http://gazette.com/colorado-springs-ink-company-wins-trade-secrets-verdict/article/1556475?custom_click=rss http://gazette.com/colorado-springs-ink-company-wins-trade-secrets-verdict/article/1556475?custom_click=rss

Chromatic Technologies Inc. (CTI), a Colorado Springs company best-known for producing temperature-sensitive inks used to indicate when Molson Coors Brewing Co. beer is cold, has won a jury verdict against four ex-employees and their company for allegedly misappropriating trade secrets.

The jury found in June that Springs-based SilverFox Innovations LLC and its principals - Eric Cathie, John L. Davis, Jacob Melcher and Robert Ugianskis - all former CTI employees, misappropriated trade secrets and their actions were "attended by circumstances of fraud, malice or willful and wanton disregard of CTI's rights," CTI said in a news release.

Fourth Judicial District Judge Thomas Kane barred Silver Fox and its four principals from



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Wed, 29 Jul 2015 17:40:48 -0600
<![CDATA[Colorado Springs unemployment rate falls to 5.2 percent in June]]> http://gazette.com/colorado-springs-unemployment-rate-falls-to-5.2-percent-in-june/article/1556470?custom_click=rss http://gazette.com/colorado-springs-unemployment-rate-falls-to-5.2-percent-in-june/article/1556470?custom_click=rss

The Colorado Springs job market seemed to get a little better in June with the unemployment rate edging lower, but all of the improvement came with a high price.

More than 3,000 people left the labor force, according to the latest data from the U.S. Bureau of Labor Statistics.

The Springs-area unemployment rate fell to 5.2 percent in June from 5.3 percent in May, staying in the same narrow range between 5.1 percent and 5.3 percent where it has remained since October. The local jobless rate was 6 percent in June 2014.

While the number of people in the area looking for work fell by about 500 between May and June, the bureau reported that the number of people with jobs declined by more than 2,600 during the same period.



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Wed, 29 Jul 2015 16:50:14 -0600
<![CDATA[Lockheed reduces layoff projections for Colorado Springs workers]]> http://gazette.com/lockheed-reduces-layoff-projections-for-colorado-springs-workers/article/1556427?custom_click=rss http://gazette.com/lockheed-reduces-layoff-projections-for-colorado-springs-workers/article/1556427?custom_click=rss

Lockheed Martin Corp. said Tuesday it sent out just 115 layoff notices to employees in Colorado Springs due to "a change in business projections."

The defense giant had initially planned to tell 270 local employees they would lose their jobs in September when a key contract ends and moves to Raytheon Co., unless the Government Accountability Office upholds Lockheed protest of the $700 million contract award in March. The GAO is expected to rule on the protest Aug. 26. Much of the work on the Integrated Space Command and control contract ends on Sept. 30, though the contract doesn't end until Dec. 31.

Lockheed said Tuesday it has found other jobs within the company for more than 100 of the workers assigned to the contract.



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Wed, 29 Jul 2015 14:42:12 -0600
<![CDATA[MOVERS & SHAKERS]]> http://gazette.com/movers-shakers/article/1556465?custom_click=rss http://gazette.com/movers-shakers/article/1556465?custom_click=rss The Wagner iTeam, a seven-person group headed by Derek and Mariana Wagner, has joined Re/Max Real Estate Group, which includes more than 70 real estate agents and completed more than $147 million in sales during 2014. The team, previously affiliated with Keller Williams Realty, was started in 2001 and has sold more than 500 homes valued at $110 million.

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Wed, 29 Jul 2015 13:55:01 -0600
<![CDATA[Firstsource adding 200 employees to Colorado Springs call center]]> http://gazette.com/firstsource-adding-200-employees-to-colorado-springs-call-center/article/1556413?custom_click=rss http://gazette.com/firstsource-adding-200-employees-to-colorado-springs-call-center/article/1556413?custom_click=rss

Firstsource Solutions Ltd. announced plans Tuesday to add 200 workers at its northern Colorado Springs call center by the end of September after adding a second major health insurer as a client.

Cara Brubaker, the company's human resource manager in Colorado Springs, said Firstsource wants to fill the full-time positions in the next eight weeks as the new client "ramps up" operations and to handle growth from two other clients - a health care insurer added last year and a longtime financial services industry. The 400-employee center fills the first floor of a building in the NorthCreek complex at 5725 Mark Dabling Blvd. and could grow into additional space, depending its clients' growth, she said.

Potential employees can



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Tue, 28 Jul 2015 16:37:51 -0600
<![CDATA[California-based payroll company to bring 1,700 jobs to Denver]]> http://gazette.com/california-based-payroll-company-to-bring-1700-jobs-to-denver/article/1556397?custom_click=rss http://gazette.com/california-based-payroll-company-to-bring-1700-jobs-to-denver/article/1556397?custom_click=rss

DENVER - ZenPayroll, a California-based firm that helps small businesses manage payroll, will bring about 1,700 jobs to Denver in the next few years as part of an expansion announced Tuesday on the steps of the state Capitol.

The state and city teamed up to offer the company a multi-million dollar incentive package to help encourage the move to the Mile High City.

Through Colorado's Job Growth Tax Credit the company is eligible to receive $17.5 million over the next eight years. The credit is claimed on the business's state income taxes. ZenPayroll will receive half of what it pays in federal income tax back in state tax credits for each job created.

"If you average it out, it's over eight years, it's about $1,200 or



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Tue, 28 Jul 2015 16:36:07 -0600
<![CDATA[Progressive hiring 193 by year's end at Colorado Springs call center]]> http://gazette.com/progressive-hiring-193-by-years-end-at-colorado-springs-call-center/article/1556358?custom_click=rss http://gazette.com/progressive-hiring-193-by-years-end-at-colorado-springs-call-center/article/1556358?custom_click=rss Insurance giant Progressive Corp. announced Monday plans to hire 193 sales representatives and claims adjusters for its Colorado Springs call center by the end of the year.

The company, which employs 1,200 in the call center and 400 more in an information technology operation at the same location, said the jobs are a mix of new positions and hires to replace employees who have left Progressive. The call center has added 375 jobs in the past 10 months.

Progressive has scheduled invitation-only interview events starting at 9 a.m. and 1 p.m. Aug. 19 at the call center, 12710 Voyager Parkway. To be considered, applicants must submit a resume and pass an online assessment posted at bit.ly/ColoradoSpringsAugEvent.

The sales



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Tue, 28 Jul 2015 15:39:55 -0600
<![CDATA[MOVERS & SHAKERS]]> http://gazette.com/movers-shakers/article/1556405?custom_click=rss http://gazette.com/movers-shakers/article/1556405?custom_click=rss Kimberly K. Maez, a private wealth adviser with Ameriprise Financial at 1710 Jet Stream Drive, Suite 205, has qualified for the company's 2014 Circle of Success annual recognition program.

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Tue, 28 Jul 2015 13:10:02 -0600
<![CDATA[Black Forest AARP shreds docs to fight fraud, combat hunger]]> http://gazette.com/black-forest-aarp-shreds-docs-to-fight-fraud-combat-hunger/article/1555596?custom_click=rss http://gazette.com/black-forest-aarp-shreds-docs-to-fight-fraud-combat-hunger/article/1555596?custom_click=rss

About 9,500 pounds of obsolete or unneeded personal documents were professionally and safely shredded during a free, three-hour shredding event on June 13 in Black Forest. All of the shredded paper will be recycled, along with 900 pounds of cardboard containers that held the documents.

The event took place at the Black Forest Lutheran Church and was hosted by the AARP Chapter 1100 Black Forest. Four hundred and nineteen people from more than 30 ZIP codes took advantage of the chance to safely shred personal documents. Individuals also donated 867 pounds of non-perishable food and $696 in cash to Black Forest Cares, a Care and Share Food Bank for Southern Colorado agency.



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Tue, 28 Jul 2015 11:53:51 -0600
<![CDATA[Magazine ranks Broadmoor World Arena 2nd of southwest venues under 10,000 seats]]> http://gazette.com/magazine-ranks-broadmoor-world-arena-2nd-of-southwest-venues-under-10000-seats/article/1556360?custom_click=rss http://gazette.com/magazine-ranks-broadmoor-world-arena-2nd-of-southwest-venues-under-10000-seats/article/1556360?custom_click=rss The Broadmoor World Arena, with a capacity just under 10,000, was recognized by Venues Today magazine's 2015 summer rankings as one of the premier mid-sized venues in the country.

The venue ranked second in the southwest region with trendsetting, record-breaking attendance and premier management recognition.

The Broadmoor World Arena came in just behind Axis at Planet Hollywood in Las Vegas, which holds nearly 85 events a year.



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Tue, 28 Jul 2015 06:06:39 -0600
<![CDATA[Lockheed Martin to layoff 270 in Colorado Springs after losing key contract]]> http://gazette.com/lockheed-martin-to-layoff-270-in-colorado-springs-after-losing-key-contract/article/1556362?custom_click=rss http://gazette.com/lockheed-martin-to-layoff-270-in-colorado-springs-after-losing-key-contract/article/1556362?custom_click=rss

Lockheed Martin Corp. has informed 270 employees in Colorado Springs they will lose their jobs in September, when a key contract ends and moves to Raytheon Co., unless the Government Accountability Office upholds the defense giant's protest of the $700 million contract award in March.

Lockheed Martin said Monday in a statement it was required by the federal Worker Adjustment and Retraining Notification Act to send out layoff notices last week to the 270 workers at two sites in the InterQuest business park and at the North American Aerospace Defense Command. However, the company said it does not believe all employees who received notices "will be impacted," but still had to send out the notices 60 days before the layoffs are



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Mon, 27 Jul 2015 19:48:28 -0600
<![CDATA[Business community has been 'like family' to longtime Colorado Springs economic development official]]> http://gazette.com/business-community-has-been-like-family-to-longtime-colorado-springs-economic-development-official/article/1556288?custom_click=rss http://gazette.com/business-community-has-been-like-family-to-longtime-colorado-springs-economic-development-official/article/1556288?custom_click=rss

Julie Boswell says she wants to rewire, not retire.

After 29 years with the Colorado Springs Regional Business Alliance, and its predecessor organization, the Colorado Springs Regional Economic Development Corp., Boswell will step down Friday from the organization that works to add jobs to the Pikes Peak region.

"The business community has been like a family to me," Boswell said.

But for Boswell, 67, retirement doesn't mean she's leaving the area nor will she walk away from the community, where she has also served on the boards of several charities and nonprofits. Her "hyperactive mind" might need some stimulation, she said, adding that she will be working with the alliance's new CEO, Dirk Draper, on special projects.



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Mon, 27 Jul 2015 15:45:34 -0600
<![CDATA[MOVERS & SHAKERS]]> http://gazette.com/movers-shakers/article/1556350?custom_click=rss http://gazette.com/movers-shakers/article/1556350?custom_click=rss

Ellie Rodriguez and Elena Daly have been hired by Red Energy Public Relations to provide strategic communication support on several client accounts, including Colorado Custom Decks, YMCA of the Pikes Peak Region, The Sachs Foundation and the Gaddis, Kin, Herd and Craw law firm. Cortney Quintero, who has been with the agency four years, was promoted to integrated media manager and Sophie Shafter, who has been with Red Energy three years, was promoted to senior content strategist.

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