Soundoff: Should Gasoline Alley be allowed to expand?

Sam Guadagnoli, who oversees a dynasty of downtown nightclubs, wants to expand one of his bars, Gasoline Alley at  28 N. Tejon St., into the vacant storefront next door. Several neighboring residents and businesses have complained, saying downtown doesn’t need any more bars that bring noise and trash. Others, however, say the expansion is a good…

• Springs eDiscovery firm adds Denver location
• SBDC hires new director
• Wing Zone to open restaurant on Fort Carson
• Atargis hopes to harness funding for wave-energy machine 
• Achieving results through effective relationships 

Geithner: JPMorgan loss shows need for tough rules

  Treasury Secretary Tim Geithner said Tuesday that the recent $2 billion trading loss by JPMorgan “helps make the case” for tougher rules on financial institutions, as regulators continue to implement the 2010 law aimed at policing Wall Street.   Geithner said that the Federal Reserve, the Securities and Exchange Commission and the Obama administration…

• World stocks drop as worries over Greece intensify
• Investors retreat from US stock mutual funds
• Small businesses feel better about access to credit
• Wells Fargo: Economy mending, but slowly
• New bankruptcy site provides planning information

Memorial CEO severance decision delayed

After more than an hour in executive session, the Colorado Springs City Council postponed the decision about outgoing CEO Larry McEvoy’s $1.15 million severance package. The reason, said council president Scott Hente, was to get more advice from city attorney Chris Melcher. “This is a complicated issue,” Hente said. “It’s about contract law, about labor…

• Protesters disrupt WellPoint annual meeting
• Second executive to leave Memorial Health System
• Council schedules meeting about Memorial ballot question
• Colorado Health Foundation report card: Not much progress
• VC investment in sciences down 22% in first quarter

Spike in new-home sales is welcome news for builders 

Home builders are emerging from the recession with some of the strongest sales and activity figures they’ve seen in years.

• Springs apartment vacancy above state average
• Christian publishing company to move to Springs
• Lower vacancy, higher rents good for apartment owners 
• El Paso County’s top foreclosures 
• U.S. construction spending barely increased in March

Frontier lost bid for DC flight

Frontier Airlines did not win its bid for a direct flight from Colorado Springs to Washington, D.C.’s, Ronald Reagan Washington National Airport. The Department of Transportation awarded the limited slots into DCA to Alaska Airlines, Jet Blue, Southwest and Virgin America. “We were disappointed when we heard the news, but given the intensity of the…

• U.S. travel forecast looks brighter this year
• Hotels speculate about fallout from GSA scandal 
• Unlikely duo launch effort to replace Pikes Peak summit house
• ‘Mud’ events make their way to the Springs
• Embassy Suites offers CS suite in Olympics-themed competition

Court won’t order Google-US interactions released

      A federal appeals court has turned down a Freedom of Information Act request related to the 2010 cyberattack on Google users in China.   The request from the Electronic Privacy Information Center was to disclose communications between Google and the U.S. National Security Agency. The center focuses on privacy and civil liberties.…

• Fort Carson getting new garrison commander
• Depressed after deployment? There’s an app for that.
• Satellite companies battle over acquisition
• Colo. Springs attorneys taking on space cases 
• House moves ahead with cyber security bill

Earnings fairness 

Plenty of residents are angry about the decision to pay former Memorial Health System CEO Larry McEvoy more than $1.15 million in severance. But, who’s to blame? Is it McEvoy? The hospital board of trustees that approved the severance amount? Or is it City Council, the governing body that holds the board of trustees accountable?…

• Stimulus and bailouts — told you so 
• An MBA’s value in the most unexpected places 
• A tale of two cities 
• Broadband Internet helping start-ups 
• Our drug dilemma