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Hours after attorney Lindsay Fischer filed a 25-page response regarding his lawsuit against the City of Colorado Springs alleging that the city’s plan to issue certificates of participation secured by a fire station and the Police Operations Center is illegal, District Judge Scott Sells threw out the suit. In a brief order characterizing the COPs… Continue Reading Judge throws out Fischer’s USOC lawsuit

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Attorney Lindsay Fischer filed a 25 page response yesterday in his lawsuit against the City of Colorado Springs, which alleges that the city’s plan to mortgage the Police Operations Center and Fire Station 8 and use the proceeds to pay for the proposed retention package for the U.S. Olympic Committee is illegal. Fischer filed the… Continue Reading Fischer files response in USOC case; judge may rule tomorrow

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Toys R Us pop-ups planned

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In response to a vacancy created by the departure of KB Toys last year, Toys R Us plans to open about 350 “pop-up” stores or kiosks in malls throughout the country this holiday season. The Associated Press reported that this is the first time the company has opened such stores to reach customers for its… Continue Reading Toys R Us pop-ups planned

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Fed likely to leave economic supports in place

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Fed Chairman Ben Bernanke and his colleagues, who resumed meeting this morning, are expected to announce in the afternoon that the recession is likely over and that the nation’s economic and financial climate is improving. But they’ll also warn that rising unemployment, and still hard-to-get-credit for many people and companies, will make for a plodding… Continue Reading Fed likely to leave economic supports in place

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A Boulder-based startup company, iRealty Inc., has launched a subscription-based service that allows home buyers to access a real-time, Multiple Listing Service-based search through an iPhone application. iRealty Inc. was co-founded by Jay Hebb, vice president of Walnut Realty in Boulder, and Ted Guggenheim, chief executive of Boulder-based Rage Digital Inc., a business-to-consumer technology company that… Continue Reading Software allows Realtors to reach home buyers via iPhone

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Colorado flu hospitalizations grow

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The state has seen increasing numbers of hospitalizations because of influenza-like illnesses – particularly along the Front Range and in Denver. The Colorado Department of Public Health and Environment is reporting 171 flu-related hospitalizations from Sept. 5 to Sept. 19. So far, nearly all the current influenza viruses tracked by the department are H1N1, but… Continue Reading Colorado flu hospitalizations grow

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Colorado teenagers have the nation’s highest rate of immunization against tetanus, diphtheria, and pertussis, according to the Centers for Disease Control and Prevention. In its first report that examines state by state immunization rates, the CDC said that 63 percent of Colorado teenagers received the Tdap shot, compared with 40 percent nationwide. Other immunizations measured… Continue Reading Colorado teen vaccination rate better than national average

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When Colorado voters approved gambling in 1992, they were told that gaming revenue would be used to cover the extra law enforcement costs incurred by the gaming industry. But, during budget shortfall and TABOR times, all bets are off. Gov. Bill Ritter has proposed diverting $5.5 million from the Division of Gaming to balance the… Continue Reading Robbing from law enforcement to pay state budget?

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Colorado Springs lacks positive leadership, community collaboration, is rapidly losing young professionals and the local Taxpayer’s Bill of Rights severely handicaps the city’s economic development efforts. That’s the conclusion of the “Operation 60Thirty-five Action Plan” and the “Implementation Matrix” prepared by Angelou Economics of Austin, Texas, at the request of more than a dozen public and… Continue Reading Angelou: City economic development compromised by systemic problems

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Business leader confidence improves

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U.S. business leaders’ confidence in the economy rose nearly 12 percent after the close of the second quarter, according to Grant Thornton’s Business Optimism Index. The optimism index rose to 60.9, up from 54.5 three months earlier, with 58 percent of business respondents reporting that they expected to come out of the recession by early… Continue Reading Business leader confidence improves

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