A Senate panel is reviewing Facebook’s high-profile stock offering last week amid allegations that the bank handling the IPO may have provided select clients with a negative assessment of the company. A Democratic aide to the Senate Banking Committee says the panel wants to learn more about the initial public offering. The committee [...] [...]
by Amanda Miller Published: May 23,2012
Tags: Colorado, Colorado Springs, federal debt, John Hickenlooper, legislator, Liston, unemployment insurance
The Colorado legislature passed a bill during its special session that aims to return the state’s Unemployment Insurance Trust Fund to solvency. The bill will allow employers to borrow money at about 1.5 percent through bonds from private investors to pay federal debt in the fund. “Right now the unemployment insurance trust fund is about [...] [...]
by Monica Mendoza Published: May 23,2012
Tags: Colorado spirngs, Colorado Springs, Dion's Pizza, New Mexico, Retail
Dion’s Pizza, a New Mexico-based chain, will break ground on a pizza shop in the Springs near the corner of Powers and Dublin boulevards next week. The pizza shop, which also sells salads and sub sandwiches, expects to open in November and hire 75 people to operate its store. Dion’s is an owner-run chain. “We [...] [...]
by Amy Gillentine Published: May 23,2012
Tags: Colorado Springs, Health Care, Memorial Board of Trustees, Memorial Health System
The newly created Memorial Board of Trustees met for the first time today and elected the officers that will guide the new board through the transition to the election for University of Colorado Health. Marcy Morrison, longtime community advocate, former mayor of Manitou Springs and most recently, the former Colorado Commissioner of Insurance, was named [...] [...]
by Amy Gillentine Published: May 23,2012
Tags: certification, Colorado Springs, compliance, Intarional Standards Organization, standards
Delta Solutions completed stage two of the International Organization for Standards’ certification process. Orion Registrar assessed Delta Solutions’ quality management processes and found them to be in compliance with the quality standards for ISO certification. The independent certification means that the company has documented its quality management processes while meeting the rigorous qualifications for the [...] [...]
by Amanda Miller Published: May 22,2012
Tags: Century Communities, Colorado Springs, condos, market, new construction, Real Estate, townhomes
Century Communities is re-launching a condominium community it put on hold when the real estate market collapsed in 2008. The Greenwood Village-based builder has pulled building permits for a 22-unit condo building at the Vistas at Nor’Wood, which was master-planned to include a 110-unit condominium complex. The builder finished its first 22-unit building near the [...] [...]
by Monica Mendoza Published: May 22,2012
Tags: Colorado Springs, downtown development authority, Olympics
Downtown Colorado Springs will become “Little London” for an Olympic-style kick-off party July 27. The Olympic Downtown Celebration, sponsored by the Downtown Development Authority with support from the U.S. Olympic Committee and the Colorado Springs Sports Corp., will be from 4 to 10 p.m. The event coincides with NBC’s broadcast of the Olympic Games Opening [...] [...]
by Associated Press Published: May 22,2012
Immigrant advocates in Colorado want public support for allowing illegal immigrants to seek licenses to drive. The activists say they will seek a ballot measure to change a law that requires proof of legal residency to be issued a Colorado driver’s license. They say illegal immigrants are driving anyway, and that the public [...] [...]
by Associated Press Published: May 22,2012
Tags: fracking, oil and gas, spill
The Environmental Protection Agency is checking for pollution after a tanker truck carrying thousands of gallons of fracking chemicals rolled over near Loma, spilling chemicals into a nearby creek. The Lower Valley Fire District says about 50 gallons of chemicals used in drilling operations leaked into a nearby stream before they dammed the [...] [...]
by Associated Press Published: May 22,2012
Tags: General Mills, job cuts
Food maker General Mills Inc. said Tuesday it will cut about 850 jobs as part of a plan to lower costs and boost efficiency. The Minneapolis-based maker of Cheerios cereal, Nature Valley granola bars and Hamburger Helper said the moves will make it more effective and allow it to focus on key growth strategies. [...] [...]
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