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Archive for the ‘Daily News’ Category

Senate panel to launch review of Facebook IPO

by Associated Press Published: May 23,2012

Tags: Facebook, IPO, problems, scrutiny

  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 [...] [...]

Legislature passes bill to improve 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 [...] [...]

Dion’s Pizza shop will break ground next week on Springs store

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 [...] [...]

Memorial board names officers

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 [...] [...]

Delta Solutions earns ISO certification

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 [...] [...]

Builder returning to Vistas at Nor’wood condo project

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 [...] [...]

Downtown ready to celebrate Olympic-style

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 [...] [...]

Colo. immigrant advocates plan driver’s license push

by Associated Press Published: May 22,2012

Tags: Colorado, drivers' license, illegal immigrant

  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 [...] [...]

EPA checking contamination from fracking spill

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 [...] [...]

General Mills to eliminate about 850 jobs

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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