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Energy investment summit in Denver

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Energy is a rapidly changing industry. A summit geared toward investors interested in oil, gas, uranium, coal and solar energy is scheduled for Sept. 18-20, at the Westin Tabor Center in Denver. Hosted by Casey Research, the Energy and Special Situations Summit will include these speakers: Doug Casey, founder of Casey Research, Dr. Marc Bustin,… Continue Reading Energy investment summit in Denver

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Springs employment freezing as winter arrives

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Tepid news from the job front came today in the form of  Manpower Inc. employment survey results: Springs employers are expected to hire at a reserved pace during the fourth quarter – and other experts say next year might not look much better. Between October and December, 64 percent of Pikes Peak region employers expect to… Continue Reading Springs employment freezing as winter arrives

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Local investors buy greyhound park

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A Colorado Springs investment group has purchased the former Post Time Greyhound Park at 3701 N. Nevada Ave. for $1.5 million.

The 28 acres includes a large parking area and 22 buildings, such as kennels, a stadium and full-service gambling center. It is being used by tenants like Waste Management and a general contractor.

The investors are expected to maintain the property as is until the market improves.

But it’s just as likely that the one-time dog track could morph into something entirely different.
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Deutsche Bank officials have predicted that 25 million, or 48 percent, of U.S. home mortgage borrowers will fall into the negative equity category by 2011. And D.B. analysts Karen Weaver and Ying Shen estimate that 26 percent of all mortgages are already “under water.” Other economists are not as pessimistic, but most admit that storm… Continue Reading Short sales, foreclosures pull under millions of borrowers

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Balancing the state’s budget required steep cuts in nearly every area of the budget — many of which went into effect this week, leaving people out of work and some programs without the grant money they rely on to operate. Total reductions to the general fund are about $320 million, or 8.1 percent. Departments from… Continue Reading No agency, department immune from state budget scalpel

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Crowley declares recession over

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Mornings are chilly, cherries are already out of season and its dark by 8 p.m. — yes, it’s that time of year again. Time for a sneak preview of the Southern Colorado Economic Forum, that is. (If you thought I’d say something cliché about the “crisp feel of autumn in the air,” then you don’t… Continue Reading Crowley declares recession over

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As the anemic national and local economies have forced many retailers to shutter doors or file for bankruptcy, a few entrepreneurs have turned to creative and innovative solutions for staying afloat and expanding operations. Take Holli Showalter and Kelly Bolan, for instance. Showalter, owner of Tejon Tan, and Bolan, an esthetician who formerly operated “Nyla”… Continue Reading Downtown entrepreneurs fight recession with innovation

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Adolescents and young adults diagnosed with blood-related cancers have better long-term survival rates than those who were diagnosed during the 1980s. A study in the journal Cancer, published by the American Cancer Society, shows that significant advances have been made in the treatment of 15- to 24 year-olds with leukemias and lymphomas; however, survival rates… Continue Reading Survival rate for young adult cancer patients increasing

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A local development partnership will break ground this month on a $3.2 million restaurant and bar just west of the Hollywood Theater and planned Renaissance Hotel off Interquest Parkway. The 6,500-square-foot Colorado Mountain Brewery, with more than 3,000 square feet of outside patio dining space, is designed for casual and family dining and will feature… Continue Reading Colorado Mountain Brewery ready for take-off at Interquest

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People on the Move – September 4, 2009

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Kristine Fisher has been promoted to senior vice president of human resources for Fitness Together Holdings Inc. Cherie VanWinkle-Meyer has been named general manager of the Hampton Inn and Suites South. She most recently was the general manager of the Comfort Inn South. Sue Beranek has been promoted to senior vice president of field marketing… Continue Reading People on the Move – September 4, 2009

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