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Entries posted by staff.writer

Holiday shoppers to spend an average of $471

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U.S. households are expected to spend an average of $471 on gifts during the holiday season, up from last year’s estimate of $449, The Conference Board reported this week. The survey of Christmas gift spending intentions covers a nationally representative sample of 5,000 U.S. households. It was conducted during November by TNS, the world’s largest… Continue Reading Holiday shoppers to spend an average of $471

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Whistleblower spurs U.S. to sue Lockheed Martin

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The United States has joined a whistleblower lawsuit against the Lockheed Martin Corp. that alleges that one of the company’s vendors violated the False Claims Act by overcharging the government for tools. Department of Justice officials said that during 1998, Tools & Metals Inc. won a contract from Lockheed Martin Aeronautics to supply all of… Continue Reading Whistleblower spurs U.S. to sue Lockheed Martin

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Business high school coming to Denver

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Denver Public Schools board has given the given the green light for creation of the city’s first charter high school that will focus on business education, according to a story from the Denver Business Journal. The board approved the charter application of Denver Venture School. Classes are scheduled to start next fall. The school will… Continue Reading Business high school coming to Denver

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Honda hybrid reaches milestone, hits tax deadline

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The Honda Motor Co. has reached the sales mark of 60,000 hybrid cars, which means the Internal Revenue Service will begin to phase out tax credits for hybrid purchases. The tax law mandates that tax credits for buying hybrid cars begin to phase out during the second calendar quarter after the quarter in which the… Continue Reading Honda hybrid reaches milestone, hits tax deadline

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Thanksgiving bus service

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Mountain Metropolitan Transit will operate the fixed-route Mountain Metro and paratransit Metro Mobility on the following schedule for Thanksgiving: Nov. 22 – Sunday service Nov. 23 – Regular Friday service Holiday bus service is available because of the passage of the Pikes Peak Rural Transportation Authority. The Front Range Express and the Free Downtown Shuttle… Continue Reading Thanksgiving bus service

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All Colorado residents will be required to have insurance – with burdens placed on the insurance industry and employers as well as consumers – under a proposal recommended by the Blue Ribbon Commission for Health Care Reform. The package is similar to the fifth proposal that the commission developed. Yet the commission chose not to… Continue Reading Plan calls for mandatory health insurance

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Home values stabilizing?

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There’s some good news on the horizon for residential real estate, but industry analysts don’t go so far as to say that appreciation values have stabilized completely. While home prices fell in 17 states during the last year, most states continue to have stable home values, according to a November sales report from First American… Continue Reading Home values stabilizing?

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Extended holiday hours at post office

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A few local post office branches will extend their hours during the holidays. The General Mail Facility at 3655 E. Fountain Blvd., the Cheyenne Mountain branch at 1540 S. 8th St. and the Templeton Station at 4356 Montebello Drive will stay open until 4 p.m. on Saturday, Dec.15 and Saturday Dec. 22. Those three branches… Continue Reading Extended holiday hours at post office

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Drive sober in California get a free turkey

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Drivers in Salinas, Calif. who choose not to imbibe before driving during the Thanksgiving holiday will reportedly get a free turkey. The Salinas Police Department is scheduled to give away up to 300 turkeys to motorists who pass the sobriety test at an undisclosed DUI checkpoint. Drives who do not pass the sobriety test, however,… Continue Reading Drive sober in California get a free turkey

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Gas prices up 13 cents in two weeks

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The average national price for gasoline rose about 13 cents during the last two weeks, according to a Lundberg and Associates survey released yesterday. The average price of regular gasoline on Friday was $3.09 a gallon. Mid-grade was $3.21, and premium was $3.32. The nation’s lowest price was in Tucson, Ariz., where a gallon of… Continue Reading Gas prices up 13 cents in two weeks

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