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Entries posted by staff.writer

Contract way south of border

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Aleut Global Solutions, formerly TekStar, Inc., of Colorado Springs has been awarded a $6.5 million cost-plus-award-fee contract for continued maintenance services at the U.S. Naval Activity base in Puerto Rico. The work will include preparation for base closure. The estimated contract amount after exercise of this option will be $62.9 million. Work will be performed… Continue Reading Contract way south of border

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Online job advertisements increased 4 percent during September, according to analysis from The Conference Board [120Kb pdf]. There were 278 advertised vacancies online for every 100 people in the labor force during the month. Online job demand during September continued to be above last year’s level in eight of the nine census regions, but there… Continue Reading Online job ads grow, especially in West

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Workers needed in Pueblo

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Bechtel Corporation is handling the clean-up of the Pueblo Army Depot and preparing to build a new plant off Highway 50 in Pueblo. While the project has moved through site preparation, road improvements and initial utility work, finding workers to fill an increasing number of open manual and non-manual positions in Pueblo is causing concern.… Continue Reading Workers needed in Pueblo

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Guide offers tips on managing aging workers

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As baby boomers move closer to the traditional retirement age, corporations are being challenged to keep mature workers engaged, retain their knowledge within the organization and harness the benefits of an intergenerational workforce. The Conference Board has issued Putting Experience to Work – A Guide to Navigating Legal and Management Issues Relating to a Mature… Continue Reading Guide offers tips on managing aging workers

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PIMCO’s Bill Gross expects rate cuts

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Bill Gross, Pacific Investment Management company founder and CEO said today that he expects further interest rate slashes from the Federal Reserve. “Should (Fed Chairman Ben) Bernanke put on a brave face and freeze rates in mid-descent, he risks exacerbating a housing crisis in the making. Yet, should he (thus) favor the homeowner, he risks… Continue Reading PIMCO’s Bill Gross expects rate cuts

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USO package sending event Oct. 3

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On October 3 Colorado Springs residents can purchase USO Care Packages for overseas military troops. The USO packages are the only packages sanctioned by the Department of Defense. Packages can be purchased during a special event and USO concert scheduled from 3 to 10 p.m. at Security Service Field, 4385 Tutt Blvd. Thirteen bands are… Continue Reading USO package sending event Oct. 3

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Ent e-mail scam circulating

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Ent Federal Credit Union wants to warn its members about a fake e-mail message that asks for member account information. The message appears to come from Ent indicating an error in information on file that the recipient needs to correct. The e-mail asks the recipient to click on a link, which takes them to a… Continue Reading Ent e-mail scam circulating

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Colorado Springs has the most affordable homes in the state, and Boulder has the most expensive, according to analysis from Coldwell Banker. Home sales prices in Colorado Springs last year averaged $197,500 compared to Boulder’s average of $615,000. Coldwell Banker identified the most expensive and most affordable cities in each of the 50 states. Not… Continue Reading Springs has most affordable homes in state

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Bijou bridge opening, downtown parking free

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The Bijou Street Bridge will re-open Oct. 1, and the city is offering a week of free downtown parking to celebrate the event. Downtown parking meters will be free Monday, Oct. 1 through Saturday, Oct. 6.

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Final GDP report shows 3.8 percent increase in 2Q

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Real gross domestic product – the output of goods and services produced by U.S. labor and property – increased at an annual rate of 3.8 percent during the second quarter, according to final estimates from the Bureau of Economic Analysis. During the first quarter, real GDP increased 0.6 percent. The acceleration in real GDP growth… Continue Reading Final GDP report shows 3.8 percent increase in 2Q

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