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Apple sells out iPhones, demand outweighs supplies

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Apple has sold 5 million iPhones is the first few days of selling its newest phone, said Los Angeles Times. That’s less than analysts expected, and its stocks were down on the news. The phone went on sale Friday in the United States, Japan and several European countries. It might have sold more had more… Continue Reading Apple sells out iPhones, demand outweighs supplies

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Boeing receives $1.9 billion plane order

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Boeing Co. has won a $1.9 billion contract from the U.S. Navy to build maritime surveillance planes, said the Chicago Tribune. About three-quarters of the work on the P-8 Poseidon multi-service aircraft will be done in Seattle, the company said. It’s the third batch of surveillance planes ordered by the Navy, with 24 now under… Continue Reading Boeing receives $1.9 billion plane order

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U.S. investors are buying bonds from the Treasury Department at higher rates than their foreign counterparts for the first time since 2010, reports Bloomberg. Doubts about U.S. economic recovery are sending investors flocking to treasuries, even as public debt reaches $16 million. U.S. investors rose 10.7 percent in the first eight months of this year,… Continue Reading More U.S. investors seek treasuries as doubt in recovery rises

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Abound Solar completes first auction

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So far, Abound Solar’s online auctions have netted the company cash – but no one is saying how much money, reports the Northern Colorado Business Report. Abound is holding a series of online auctions to sell manufacturing goods, research-and-development items and testing equipment. The next auctions are Oct. 1 and 2. The company, which has… Continue Reading Abound Solar completes first auction

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A new report is showing that economic recovery has stalled in Colorado, said the Denver Business Journal. Brookings Mountain West’s latest report shows that Denver and Colorado Springs took a hit in the second quarter. Denver dropped to 40 on the rankings of top economic cities, and Colorado Springs dropped to 75, down from 55… Continue Reading Colorado’s economic recovery slows in second quarter

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Car sales up in Colorado

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Demand for new cars and trucks is up in Colorado, and is much higher than the nation as a whole, said the Denver Business Journal. The Colorado Automobile Dealers Association is reporting that the sale of new cars and truck sis up 20.6 percent for the first eight months of the year. Nationally, vehicle registrations… Continue Reading Car sales up in Colorado

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SpaceX readies for first cargo flight

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Engineers at SpaceX are getting ready for its first contracted resupply flight to the International Space Station, reports the Los Angeles Times. SpaceX will launch its Dragon spacecraft on Oct. 7, filled with about 1,000 pounds of supplies. The company has a $1.6 billion contract to take cargo to the space station in 12 flights.… Continue Reading SpaceX readies for first cargo flight

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American pilots picket airports

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American Airlines pilots took to the picket lines this week, protesting cuts in pay and benefits, and supporting a merger with United Airlines, said the Chicago Tribune. Pilots are picketing at O’Hare International Airport and American has canceled hundreds of flights, saying pilots are partly to blame for the cancellations. About 200 pilots are part… Continue Reading American pilots picket airports

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Apple poised to sell 10 million iPhones

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Apple is ready to sell 10 million iPhone 5 devices, said Bloomberg, and officials are worried they won’t be able to keep up with demand. Customers lined up around the globe to purchase the latest edition of the iPhone, one of Apple’s most popular products. Global sales started today at 8 a.m. in Sydney, Australia,… Continue Reading Apple poised to sell 10 million iPhones

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A Colorado company is suggesting ways to get passengers on board planes and in their seats faster, reports USA Today. Denver-based Molon Labe Design – headed by a former Australian fighter pilot – has created a way to end congestion. The company wants to manufacture an aisle seat that can be moved on top of… Continue Reading Denver company creates way to end aisle congestion

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