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Global markets mixed after sell-off

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It might be a tough Tuesday for U.S. markets after the Labor Day holiday, reports the New York Times. The turmoil of recent weeks shows no sign of letting up, with gold rising to another record level, and the Swiss take action to weaken the franc. Read more at the New York Times.

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Details of HCA hospital deal spelled out

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Under the terms of the agreement, the Colorado Health Foundation will have no control over HealthOne ten years after the deal is completed. And after a decade, HCA no longer is required to provide care to Medicare or Medicaid patients, according to the Denver Post. HCA is paying the foundation $1.45 billion, and allows oversight… Continue Reading Details of HCA hospital deal spelled out

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Company tries to keep up with baking soda demands

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Natural Soda Inc., based in Rio Blanco County, is the second largest producer of baking soda in North America. The company can barely keep up with demand for its product, selling 250,000 tons a year. Read more at the Denver Business Journal.

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FTC to DaVita: Sell clinics

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The Federal Trade Commission wants DaVita, a Denver-based kidney dialysis company, to sell 29 clinics. The federal agency claims the move is necessary in order for it to approve DaVita’s purchase of a competitor. Read more at the Denver Business Journal.

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White House: High unemployment in 2012

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The White House is predicting unemployment at 9 percent throughout 2012, but says there won’t be another recession, reports the Los Angeles Times. The grim outlook comes as President Barack Obama prepares to give a speech on jobs stimulus next week. Read more at the Los Angeles Times.

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Global stocks fall ahead of jobs report

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The August unemployment figures are due out today, and the stock market ended the first day of September lower, on expectations of a less-than-stellar report. The markets reacted to concerns over the Euro zone debt crisis and jobs data that could signal another recession, reports the New York Times Read more at The New York… Continue Reading Global stocks fall ahead of jobs report

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Feds to sue a dozen banks about mortgages

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The New York times is reporting that the federal agency overseeing Fannie Mae and Freddie Mac is set to sue the nation’s banks over misrepresenting the quality of mortgage securities. The Federal Housing Finance Agency is expected to file the papers soon. Read more at the New York Times.

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Ski retailers hoping for big Labor Day sales

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Ski retailers are hoping that consumers ignore a volatile stock market, weak economic growth and an unstable economy in favor of scoring a good deal on a pair of skis, boots or other equipment, reports the Denver Post. Labor Day weekend sales are a tradition in Colorado, and retailers say there is no reason to… Continue Reading Ski retailers hoping for big Labor Day sales

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Colo. Wal-Marts double as Ticketmasters

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Many of the state’s Wal-Mart stores have also become outlets for Ticketmaster, reports the Denver Business Journal. Ticketmaster opened kiosks in 45  Wal-Marts, according to the company. The touch-screen computers are located in the Electronics department. Read more at the Denver Business Journal.

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Colorado stocks: Gasco up 9 percent

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The stock market started September with losses of more than 1 percent, according to the Denver Business Journal. Gasco Energy and Vista Gold Corp. were the most actively traded stocks for companies headquartered in Colorado. Read more at the Denver Business Journal.

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