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Entries posted by staff.writer

COPPeR, Experience Springs win state grant

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Two Colorado Springs organizations that promote tourism earned a matching grant of $15,000 from the Colorado Tourism Office. Experience Colorado Springs at Pikes Peak, the convention and visitors’ bureau, and the Cultural Office of the Pikes Peak Region, or COPPeR, will use the shared grant money to enhance PeakRadar.com, a cultural activities calendar for the… Continue Reading COPPeR, Experience Springs win state grant

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Retail still unsteady in January

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The Associated Press NEW YORK – The nation’s retailers delivered more evidence of a stumbling economy, as merchants including Wal-Mart Stores Inc. reported weak January results, extending a malaise that has deepened since the holiday shopping season. The disappointing sales figures made it clear that consumers wrestling with high gas and food prices, a slumping… Continue Reading Retail still unsteady in January

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The Governor’s Energy Office has awarded $350,000 in grants to eight organizations for “New Energy Economic Development,” or NEED, efforts. NEED grants must be used to develop emerging technologies that could attract additional investment to Colorado’s growing energy-efficiency and renewable-energy industries. Tom Plant, director of the energy office, said the grant program gives organizations a… Continue Reading Governor’s office to award $650,000 in energy grants

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2007 brings mixed results for insurance industry

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Life and health insurers had a strong first three quarters of 2007, and property and casualty insurers are continuing to hold on, even as profits are dropping, according to SNL Financial’s statutory insurance data. The life insurance industry earned $28 billion during the first nine months of 2007, up $3 billion from a year ago,… Continue Reading 2007 brings mixed results for insurance industry

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Csintyan named chamber CEO

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The Greater Colorado Springs Chamber of Commerce has chosen Dave Csintyan as its new president and CEO. Csintyan, who has been with the chamber since 2002 as president of business affairs, was named interim CEO after Will Temby left the job in August. The chamber board of directors chose Csintyan after a national search.

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January job cuts up

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Planned workforce reductions announced by United States employers spiked 69 percent during January to 74,986, up from 44,416 during December. It was the highest monthly total since August, when employers announced 79,459 job cuts. A monthly report released this week by Challenger, Gray & Christmas, Inc. also showed that job cuts last month were 19… Continue Reading January job cuts up

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Congress at odds over checks for elderly

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WASHINGTON (AP) _ The Senate moved toward a partisan clash Wednesday over Democrats’ efforts to add more than $40 billion in checks for the elderly, disabled veterans and the unemployed, and heating aid for the poor to a House-passed economic aid plan. Democrats were struggling to find enough GOP support to advance the package over… Continue Reading Congress at odds over checks for elderly

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Wal-Mart has made a $1 million donation to the Red Cross Society of China for disaster relief. Since late January, areas of southern China have been hit by the worst snowstorms in 50 years.

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Sometimes even the bookies lose

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The New York Giants’ Super Bowl upset of the New England Patriots cost Nevada bookmakers $2.6 million, the first time the books lost money on the NFL championship game since 1995. New York was a 12-point underdog to New England. The sports books handled $92.1 million on the game, the third-highest amount ever, but down… Continue Reading Sometimes even the bookies lose

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Colorado Springs Airport sees price decrease

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The Colorado Springs Airport saw a 0.4 percent decrease in the cost of average domestic airfare between third quarter 2006 and third quarter 2007. The Pikes Peak region’s average fares, based on the latest statistics released this week by the Bureau of Transportation Statistics, decreased slightly to $390.25, down from $391.93. For the same period,… Continue Reading Colorado Springs Airport sees price decrease

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