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Entries posted by staff.writer

The devil’s in the stock details

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A conservative Christian pastor says he’s launching a high-profile campaign to urge religious followers to buy up corporate stock in an attempt to stop mega-corporations from financing “ungodly ventures.” The Seattle Post-Intelligencer reports that the Rev. Ken Hutcherson of Antioch Bible Church in Washington is convincing followers to start buying shares of Microsoft and begin… Continue Reading The devil’s in the stock details

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China has boosted its steel output during the last three years through energy subsidies, said the Alliance for American Manufacturing. Total Chinese energy subsidies for steel reached $27.1 billion during the last seven years. Despite the country’s entry into the World Trade Organization – which deems subsidies on steel illegal – the subsides continued to… Continue Reading China using energy subsidies to boost steel production

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Construction, operation and maintenance of commercial real estate properties accounted for more than 10 percent of Colorado’s total economic output during 2007. Independent researchers commissioned by the Colorado chapter of the National Association of Industrial and Office Properties or NAIOP-Colorado, found that the state’s commercial real estate sector generated $24.3 billion in direct and indirect… Continue Reading Commercial real estate investment tops $24 billion

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El Paso County will enter into a statewide network this year that will notify victims of crime about the status of their offenders 24 hours a day. The County Sheriff’s of Colorado will announce the launch of the program, called the Victim Information and Notification Everyday, or Colorado VINE, tomorrow during the organization’s annual conference.… Continue Reading El Paso County entering victim notification network

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Officials from The Salvation Army of Colorado Springs say they have reached their 2007 Red Kettle campaign goal of $550,000 – and they say they have the community’s volunteer efforts to thank for it. The Monument Hill Sertoma Club raised more than $36,000 in Monument, and Woodman Valley Church raised collected $20,000 through volunteering. Volunteer… Continue Reading Volunteers step up to help reach ‘red kettle’ goal

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The National Federation of Independent Business says their members aren’t feeling confident about the economy – and that small business owners in Colorado mirror the nationwide anxiety. Officials say their most recent survey shows that overall optimism about the economy is at its lowest level since 1993. The survey also asked Colorado small business owners… Continue Reading NFIB survey highlights small business attitudes

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U.S. bleeding manufacturing jobs

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The latest job figures show a continued decline in the manufacturing sector, the Department of Commerce said. During the last two months of 2007, the nation lost 44,000 jobs – and 212,000 jobs for the year – dropping the last year’s number of such jobs to less than14 million for the first time since 1950.… Continue Reading U.S. bleeding manufacturing jobs

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Japanese company giving pet allowance

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It appears that Americans are not the only ones who consider their pets to be an extension of their families. Reuters India is reporting that a Japanese business has begun giving employees who own dogs or cats a monthly “family allowance” for their pets. The Kyoritsu Seiyaku Corp., which makes pet medicines, says Japan now… Continue Reading Japanese company giving pet allowance

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Unemployment rate spikes to two-year high

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A near stagnant hiring pace during December drove the nation’s unemployment rate up to 5 percent – a two-year high. The U.S. Labor Department said employers added the fewest jobs to their payrolls last month in more than four years. Analysts believe the employment conditions are further deteriorating because of the housing slump and credit… Continue Reading Unemployment rate spikes to two-year high

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DIA on-time flight ranking drops

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Denver International Airport has dropped from its gleaming No. 3 spot for on-time flight arrivals during 2006 to No. 11 during 2007. The Bureau of Transportation Statistics tracked flight arrivals for 32 major airports during November 2006 and November 2007. During November 2007, 83 percent of DIA flights arrived on time, compared to 83.3 percent… Continue Reading DIA on-time flight ranking drops

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