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The Car Allowance Rebate System prompted about 8,900 Coloradoans to trade in their clunkers for new cars. The U.S. Department of Transportation says that $37.7 million in CARS vouchers for either $3,500 or $4,500 each were requested in Colorado. “This is good news for the consumers who got great deals and the dealers who had endured a… Continue Reading CARS program takes nearly 9,000 clunkers off Colorado roads

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ISS wins $8 million Air Force contract

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The Air Force Research Laboratory, Space Vehicles Directorate has chosen Intelligent Software Solutions as a prime contractor on the Autonomous Space and Ground Systems for Space Superiority program.  ISS has received a four year, $8 million contract to explore novel approaches to supporting the evolving needs of U.S. space operations. ISS will leverage the existing JFCC SPACE… Continue Reading ISS wins $8 million Air Force contract

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Postal Service paying workers to quit

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The USPS is offering thousands of mail processing employees cash incentives to retire or resign by the end of this fiscal year. The cost-cutting move by the Postal Service could save it up to $500 million next year. The incentive package, negotiated with unions, would give eligible employees $10,000 during the first quarter of fiscal year… Continue Reading Postal Service paying workers to quit

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The American Bankruptcy Institute says the number of U.S. businesses filing for bankruptcy in the first half of 2009 was up 64 percent compared to the same period last year. The total number of bankruptcies filed through June 30 was up by 36 percent over the first half of 2008. “The increase in filings through… Continue Reading Bankruptcy filings skyrocket

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Health-care costs are expected to rise an average of 10.5 percent during the next 12 months, say researchers at Aon Consulting. Aon surveyed more than 60 health-care insurers representing more than 100 million policyholders. The survey found an expected increase of 10.4 percent for both HMOs and POS plans, a 10.7 percent increase for PPOs and… Continue Reading Health care costs to jump 10 percent in 12 months

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Historic ‘homecoming’ at Schriever

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Home sweet home will now be a matter of blocks, rather than miles, for the Schriever Air Force Base community. A ribbon cutting ceremony today celebrated the completion of the first eight of 242 new homes planned for the base. Schriever Air Force Base opened during 1985 in east El Paso County as Falcon Air… Continue Reading Historic ‘homecoming’ at Schriever

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Human resource executives recommend that college graduates pursue engineering, health care and computer science degrees. The Bureau of Labor Statistics predicts that computer science will be one of the fastest growing occupations during the next 10 years. The health sector is expected to add more jobs than any other industry – three million new salary… Continue Reading Mommas don’t let your babies grow up to be HR executives

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Wal-Mart shoppers can now pay credit card, auto loan, utility, phone, and cable TV bills at the store’s customer service desks. “We’re introducing Walk-in Bill Pay nationwide to provide another affordable money service option that will help families manage their monthly budgets so that they can save money and live better in these tough economic… Continue Reading Wal-Mart offers bill pay service

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Tune in to the SBA on YouTube

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The U.S. Small Business Administration is using YouTube as part of its outreach. “With millions of visitors, most of them under 35, YouTube offers a prime opportunity to use current technology and the appeal of a popular online platform to further promote the agency’s programs and services,” SBA Administrator Karen Mills said. SBA said it… Continue Reading Tune in to the SBA on YouTube

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Military installations in the Pikes Peak region continue to generate projects and jobs for the local economy. Last week, Tepa EC of Colorado Springs was awarded an $8.6 million federal contract and American West Construction of Denver received a $5.89 million military contract by the U.S. Army Corps of Engineers in Omaha, Neb. Tepa will supply power… Continue Reading Contract awards benefit local cos., Mountain Post

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