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Correction

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Information in a blog posting by John Hazlehurst titled “Bruce rings bell, media salivates,” which was published on www.csbj.com on Aug. 19 was incorrect. The blog stated that, “It turned out that Mr. Bruce had been tossed off Costco’s property a year before, for the same reason.” Mr. Bruce was not removed from the property… Continue Reading Correction

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The Wall Street Journal reported yesterday that Freedom Communications, parent company of the Colorado Springs Gazette and more than 100 other media properties, will file for bankruptcy this week.

The WSJ said that the chain would be taken over by the banks that hold the company’s debt and that present equity holders would be wiped out.

Continue Reading Freedom on brink of bankruptcy

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Labor Day travel expected to rival July 4th

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If you’ve already wintered the R.V., stashed the tent and stored the camping supplies – you’re not a typical Coloradoan by AAA’s standards. Although July Fourth is traditionally the busiest summer travel holiday, this year Labor Day travel is expected to equal it. AAA Colorado expects 2.6 million Mountain States residents – 11.8 percent of the… Continue Reading Labor Day travel expected to rival July 4th

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Regional Business News – Aug. 31, 2009

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Clean energy economy legislation expected The Northern Colorado Business Report is reporting that U.S. Department of the Interior Secretary Ken Salazar and Gov. Bill Ritter told an invitation-only crowd of about 350 on Thursday that the Obama administration is looking to “jump start” a clean energy economy with new legislation this year. The American Clean… Continue Reading Regional Business News – Aug. 31, 2009

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Tweet, Facebook right from your TV remote

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Everyone knows it’s a real pain to have to leave the couch during your favorite TV show to update your Facebook page or check in on Twitter. Well, it appears that IBM may have solved that problem. They’ve filed a patent for a system that would allow TV watchers to access social media sites without having… Continue Reading Tweet, Facebook right from your TV remote

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Disney to buy Marvel for $4 billion

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LOS ANGELES (AP) – The Walt Disney Co. is buying Marvel Entertainment Inc. for $4 billion in cash and stock, bringing such characters as Iron Man and Spider-Man into the family of Mickey Mouse and WALL-E. Under the deal, which was announced Monday and is expected to close by the end of the year, Disney… Continue Reading Disney to buy Marvel for $4 billion

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The Colorado Springs Airport is one of only 10 airports in the United States earmarked to receive millions of dollars in stimulus money to enhance baggage systems. “We’ve been working with the TSA over the past two years to obtain grant funds to upgrade and automate our baggage screening system,” said Colorado Springs Airport Aviation… Continue Reading Airport adds stimulus grants to capital projects mix

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The U.S. Air Force Academy is renewing its efforts to shape the character of cadets. The plans, which were announced today, include creating a new professor position to lead a new Character & Leadership Development center and add research and assessment to its curriculum. Superintendent Lt. Gen. Mike Gould said the intent will be to integrate… Continue Reading Air Force Academy doubling character-shaping efforts

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For years, pensions were a part of American life. As long as employees worked 35 years for a company, they didn’t have to fret about retirement plans — it was the employer’s responsibility. But bygones are bygones. Over time, employees have had to take personal responsibility for their retirement planning. “We’ve shifted from the pension… Continue Reading Understanding retirement plans during troubled times

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Commercial lending is not a business for the faint of heart. Several years ago, lenders worked overtime — scarcely able to keep up with demand. Now, they must patiently stay the course, until the market scrapes bottom before rising. Nationally, commercial and industrial lending is described in such reticent terms as “unlikely to loosen quickly.”… Continue Reading The dog days of recession for commercial lenders

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