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Commercial real estate sluggish
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   The Pikes Peak region's commercial real estate market, like its single-family housing, has slowed because of the struggling local and national economies.    More commercial space...
3 hours 19 minutes ago

Latest Business

State, local investments down in 2nd quarter
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   Venture capital investments in Colorado and Colorado Springs during the second quarter declined...
3 hours 22 minutes ago
Ent helps fend off foreclosures
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After eight months of unsuccessfully trying to sell his Falcon-area home for enough to pay off his first...
1 hour 11 minutes ago
Another delay in Cripple Creek casino smoking cases
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CRIPPLE CREEK - Three Cripple Creek casinos ticketed for allowing smoking faced a judge for the first...

Business Videos (AP)

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Business News

Gold Hill Mesa may get new funds

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The developer of Gold Hill Mesa on Colorado Springs' west side, who couldn't afford to water down blowing dirt on the site a few months ago because of his lender's money woes, said Thursday the project's financing has been reorganized and he's on a more...

Industry giant buys home care company

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   The recent acquisition of Physicians Home Health Care by the largest publicly traded company in the industry likely will lead to expanded medical services for Colorado Springs patients who receive care in their homes, according to a spokesman...

Bruce Davis and daughter, Deborah Lowery

Keeping it in the family

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Bruce Davis built his insurance business on an old-timey model of success, working late nights and Saturdays to make sure his fledgling branch of Farmers Insurance wouldn't crumble before he turned a profit. The hard work paid off: He built a loyal clientele,...

Analysis: Slowdown in local home construction will extend to '09

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The pace of Colorado Springs-area homebuilding will remain sluggish the rest of this year and into early 2009, turning around only after job growth picks up and housing inventories shrink, according to a report by Metrostudy, a Houstonbased research firm....

UMB agrees to buy Citadel Bank

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Kansas City, Mo.-based UMB Financial Corp. has agreed to buy Citadel Bank, one of the last locally owned banks in the Colorado Springs area, in a deal that would make UMB Bank Colorado the seventh-largest bank in El Paso County. Citadel Bank, located...

The crude oil options pit Tuesday at the New York Mercantile Exchange.

A turn for the worse

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WASHINGTON - The economic downturn worsened Tuesday with a report of the highest inflation since the early 1980s, more bad news for banks and automakers and a suggestion by the Federal Reserve chief that worse days are ahead.    The Labor...

President Bush on Tuesday called on Congress to move quickly on legislation designed to prop up mortgage giants Fannie Mae and Freddie Mac.

U.S. leaders are running out of economic options

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WASHINGTON - The nation's leaders are running out of answers to America's economic crisis.    The Federal Reserve has no more practical room to push interest rates lower. There's only so much taxpayer money for shoring up housing. And if depositors...

IndyMac Federal Bank customers listened to Burbank, Calif., police Sgt. Matthew Ferguson’s instructions while they waited to pull as much money as they could from the failed financial institution on Monday.

IndyMac customers try to salvage their savings

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PASADENA, C.A. - Worried customers with deposits in excess of insured limits flooded IndyMac Bank branches on Monday, demanding to withdraw as much money as they could or get answers about the fate of their funds. With the failed bank now under federal...

Ramtron may have to restate earnings

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Ramtron International Corp. disclosed Monday it may be liable for customer losses stemming from a manufacturing defect in a semiconductor produced by its primary vendor, which could force Ramtron to restate this year's earnings. The Colorado Springsbased...

Employers soon to face insurance decisions

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Colorado Springs employers will face increases of 10 percent or more in health insurance premiums when the re-enrollment period starts in the fall, the chairman of Colorado's Blue Ribbon Commission for Health Care Reform 2007 said Monday. But before employers...

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