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Secretary of Defense Leon Panetta will present his strategy for cutting the budget $450 billion in the next ten years, reports the New York Times. The report, due this week, will “carefully shrink” the military, and will make it clear the nation will not be able to fight a two ground wars at the same… Continue Reading Panetta to offer strategy to cut $450 billion from defense budget

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The audience for U.S. movies dropped to a 16-year low in 2011, according to the Los Angeles Times. Year-end figures show that the revenue from ticket sales dropped 3 percent last year to $10.2 billion. About 1.28 billion people went to the movies last year, about a 4 percent drop from 2010. Read more at… Continue Reading Movies didn’t attract large audiences in 2011

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Men dominate new jobs market

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Men took two-thirds of the new private-sector jobs created in 2011, according to USA Today. Men even took most of the retail jobs, reversing a trend that came close to giving the country its first female-dominated workforce. Nearly 1.28 million men found jobs in the twelve months that ended in October. Read more at USA… Continue Reading Men dominate new jobs market

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Colo. comeback kids on Wall Street

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Biofuel Energy Group and ADA-ES topped the list of the Denver Business Journal’s “come back kids” stocks during 2011. The newspaper is listing the top Colorado publicly traded companies based on how far they rose from their low point in the year. Biofuel Energy Group saw wild fluctuations in its stock price, according to the… Continue Reading Colo. comeback kids on Wall Street

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Faced with a wave of moratoriums on drilling, oil and gas regulators are hiring communications directors to defuse local initiatives to ban drilling. The Denver Post is reporting that the Colorado Oil and Gas Commission is hiring two full-time communications workers as local-government liaisons. The industry trade group – the Colorado Oil and Gas Association… Continue Reading Oil and gas regulators are hiring communications people for Colo. counties

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Arrow acquires Beijing company

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Englewood-based Arrow Electronics acquired Seed International in Beijing, according to the Denver Post. The company has 200 employees and sales during the last fiscal year were $90 million. Arrow provides goods and services to customers who need electronic parts and products. Read more at the Denver Post.

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