More than a dozen investors who put up between $4 million and $5 million have settled a lawsuit with a bankrupt company in southern Kentucky over accusations that the oil drilling business they invested in scammed them with big promises and no results. Whether the investors ever see any money is not clear. U.S. Bankruptcy Judge Joan [...] [...]
by Associated Press Published: February 3,2012
Tags: economy, factories, orders, productivity
Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. The results cap off another strong year for U.S. manufacturing. Combined with strong figures released Thursday on job growth in January, they signal the economic recovery is gathering strength. Factory orders rose 1.1 percent following a [...] [...]
by Associated Press Published: February 3,2012
Tags: business, defense, General Assembly, gun ownership
Colorado takes pride in its Western entrepreneurial spirit — and that extends to the belief of some lawmakers that business owners should be able to use deadly force against anyone who tries to take what’s theirs. It’s an idea that conjures Clint Eastwood’s Dirty Harry, and its supporters have taken liberties with the hardboiled character’s famous [...] [...]
by Amy Gillentine Published: February 3,2012
Tags: biotechnology, life sciences, medical devices, PriceWaterhouseCoopers, software, venture capital
Venture capital funding in the life sciences sector, which includes the biotechnology and medical device industries, increased 21 percent during 2011, according to a new PricewaterhouseCooper’s report, “Zigzagging Upward.” Venture capitalists invested a total of $7.5 billion in 785 life sciences deals during the year, topping 2010 performance despite a drop from the third to the [...] [...]
by Monica Mendoza Published: February 2,2012
Tags: 4th Judicial District, El Paso County, Judge Gilbert Martinez
Judge Gilbert Martinez has been appointed to serve as the new chief judge in the 4th Judicial District, which includes El Paso and Teller counties. Colorado Supreme Court Chief Justice Michael L. Bender announced the appointment and said Judge Martinez will replace the Hon. Kirk S. Samelson, who served as chief judge for more than five [...] [...]
by Monica Mendoza Published: February 2,2012
Springs Fabrication, Inc., a Colorado Springs manufacturing plant, will be a campaign stop Saturday for Presidential candidate Mitt Romney. But it’s not the first time a presidential candidate has chosen to stump from the Springs manufacturing business, owned by CEO Tom Neppl. Arizona Sen. John McCain made a stop there during his 2008 presidential campaign. Showing support for [...] [...]
by Associated Press Published: February 2,2012
Tags: bills, Colorado, exchanges, General Assembly, Health Care
Colorado Republicans aren’t faring well on some of their major health care proposals this year. A Republican bill to repeal Colorado’s health insurance exchange is up for a vote Thursday in a Democrat-controlled Senate committee, where it appears headed to certain defeat. The committee is led by the Democratic senator who proposed the exchange last year. The [...] [...]
by Staff Writer Published: February 2,2012
Tags: Colorado, Legal, medical marijuana, Oregan, usable
When police knocked on Josh Brewer’s door to check for marijuana, even one of the nation’s most liberal medical marijuana laws was put to the test. Officers were fine with the two pounds 10 ounces he and a cousin had grown, harvested, and processed. That was under the pound and a half each allowed by law. [...] [...]
by Monica Mendoza Published: February 2,2012
Colorado Springs-based C&D Enterprises security firm was awarded an $85 million contract to protect high-profile buildings in Philadelphia. The firm, which has been headquartered in the Springs since 1959 and employs about 650 people in several states, won a five-year contract to provide security guard services and a mix of roving armed security at dozens of [...] [...]
by Amy Gillentine Published: February 2,2012
A Colorado-based burger chain, Larkburger, will open its seventh location in the Broadmoor Towne Center. And it’s not your parents’ fast-food joint. Larkburger, based in Edwards, has locations in Boulder, Denver, Edwards and Fort Collins. The Springs location will be its southernmost in the state. The burger was first featured on the menu at the Larkspur Restaurant and [...] [...]
Loading ...This poll is not a scientific sampling, but offers a quick view of what readers are thinking.
On The Horizon: Read calendar items from the print edition of the Business Journal here.
To submit your event to our community calendar, set up the event as an appointment in your email calendar and invite events.csbj@gmail.com as an attendee.
