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SEC urges fuller disclosure for muni market

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  Federal regulators are urging Congress to require fuller disclosure and stricter standards for the $3.7 trillion municipal securities market to help protect investors.   The Securities and Exchange Commission issued a report Tuesday after reviewing the market for bonds and other securities used to finance schools, roads and hospitals around the country.   Despite… Continue Reading SEC urges fuller disclosure for muni market

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  Fort Carson’s 2nd Brigade Combat Team is getting a new commander.   Col. Omar Jones will formally take over the brigade at a ceremony Tuesday at the infantry post outside Colorado Springs.   Jones was most recently at the National War College in Washington, where he received a master’s degree in national security strategy.… Continue Reading Fort Carson’s 2nd Brigade gets new commander

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  Natural gas has been on a tear since hitting a 10-year low this spring.   The futures contract in New York has surged 67 percent since April thanks to rising demand for natural gas from power plants and a sharp drop in drilling activity. Prices rose as high as $3.192 per 1,000 cubic feet… Continue Reading Natural gas resumes 3-month surge on hot weather

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  U.S. Sen. Mark Udall is trying to round up funding for cyber-defense training programs at the U.S. Air Force Academy.   Udall said Monday computer hackers threaten the United States and could cripple the electrical grid, water supplies and computers used by the military.   Earlier this year, Udall got an amendment to the… Continue Reading Udall seeks to fund Colo. cyber defense program

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  A federal appeals court has left intact a court judgment against tobacco companies that they must do corrective advertising about the dangers of smoking.   The companies sought to overturn a federal judge’s order which was based on a 2009 law that gave the Food and Drug Administration authority over the industry, including power… Continue Reading Court leaves ruling against big tobacco intact

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The Obama administration is upping the ante in the fight against health care fraud, joining forces with private insurers and state investigators on a scale not previously seen in an attempt to stanch tens of billions of dollars in losses.   Health and Human Services Secretary Kathleen Sebelius said in a statement Thursday that the… Continue Reading Gov’t stepping up fight against health care fraud

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  Senate leaders moved toward showdown votes Wednesday on rival Democratic and Republican plans for extending broad tax cuts that will otherwise expire in January.   In an announcement that seemed to surprise Democrats, Senate Minority Leader Mitch McConnell, R-Ky., said on the Senate floor that he was accepting a Democratic offer to hold back-to-back… Continue Reading Senate ready for symbolic showdown on tax cuts

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UPS sees global economy getting worse

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  UPS expects the global economy to get worse before it gets better. Again.   The world’s largest package delivery company is more pessimistic about U.S. growth than many economists. It predicts global trade will grow even slower than the world’s economies — a trend not seen since the recession. It’s making cuts in its… Continue Reading UPS sees global economy getting worse

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  DreamWorks Animation SKG on Monday said it has agreed to buy Classic Media, custodian of a library of movies and TV series that includes “Casper the Friendly Ghost,” ”Lassie,” ”Rocky & Bullwinkle,” and “The Lone Ranger.”   Dreamworks Animation is paying $155 million in cash to Classic Media’s owner, Boomerang Media Holdings. Boomerang was… Continue Reading DreamWorks buys Classic Media for $155 million

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  A dispute over mailing ballots to inactive voters in Colorado is headed for a public hearing Monday.   Republican Secretary of State Scott Gessler is considering a new rule to ban election clerks from automatically sending mail-in ballots to inactive voters. He says sending ballots to inactive voters invites fraud.   Democrats say voters… Continue Reading Colorado may tighten rules for inactive voters

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