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Gary Loo, president and CEO of High Valley Land Co. and chairman of the High Valley Group, received  a Lifetime Entrepreneurship Award today from the College of Business at the University of Colorado at Colorado Springs during a luncheon at the Club at Flying Horse. More than 150 community leaders, friends and family members were on… Continue Reading Loo given UCCS Lifetime Entrepreneurship Award

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WASHINGTON (AP) – President Barack Obama is picking a Nike vice president to lead the federal agency that oversees the country’s national service programs.Obama’s selection of Maria Eitel comes Tuesday as the president plans to sign a bill to triple the size of AmeriCorps and expand other programs that the corporation administers. Eitel is nominated… Continue Reading Obama picks Nike V.P. to oversee national service programs

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Merck posts 57 percent profit drop

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TRENTON, N.J. (AP) – Drugmaker Merck & Co. on Tuesday posted a 57 percent drop in first-quarter profit, falling short of expectations and sending its stock down, as the global recession and other factors cut sales of its drugs and joint venture income.Last year’s quarter also benefited from a one-time pretax gain of $2.2 billion… Continue Reading Merck posts 57 percent profit drop

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A bill that would increase damage awards in malpractice lawsuits has changed – dramatically. As first introduced, House Bill 1344 raised non-economic damages cap on malpractice suits from $300,000 to $460,000. But, bill sponsors scrapped the cap-increase portion of the bill after failing to find enough support for it. As it’s worded now, the bill would require… Continue Reading Malpractice bill now targets insurance regulation

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Eight Colorado Springs or El Paso County companies have a shot at being named one of the state’s 50 “Companies to Watch.” Each year the Governor’s Office of Economic Development and International Trade compiles a list of companies that are on the growth fast track and stand to become big contributors to the state’s economy. The Colorado… Continue Reading Eight Springs companies could be ‘Companies to Watch’

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In every recession, there’s a bull market somewhere. In 2009, it’s for security-cleared professionals in the defense, aerospace and homeland security industries, according to ClearanceJobs.com. which has named its top 10 U.S. cities for such positions. Colorado Springs is one of 10 cities named as one of the country’s most active markets for defense-related hiring,… Continue Reading Springs again named to top 10 list for defense jobs

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Office Depot is offering free resume printing and faxing April 19 through May 30 at any of its 1,100 locations. Job hunters can print up to 25 single-sided pages of resumes, and fax to five domestic numbers, up to 25 pages total. Even before the offer, Office Depot representatives said rising unemployment rates have already… Continue Reading Office Depot offering free resume printing, faxing

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A plan to balance the state budget would cut 4.3 percent from the state’s Medicaid provider rates, which would cost doctors more than $57 million in Medicaid reimbursement. Some doctors say that’s a plan that unfairly targets the poor. The Colorado Hospital Association, Colorado Medical Society, Colorado Community Health Network and the American Academy of… Continue Reading Doctors at odds with budget plan that cuts Medicaid

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San Antonio-based Security Service Federal Credit Union has merged with Aurora Catholic Federal Credit Union. SSFCU has more than $5 billion in assets and 680,000 members and will gain $13.7 million in assets and about 2,200 members with the merger. The addition of the ACFCU branch at 2150 S. Peoria Street in Aurora brings the number… Continue Reading Security Service Credit Union merges with Aurora Credit Union

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The Gazette will launch a free, four-day-a-week newspaper on May 6 that will cover downtown Colorado Springs, Old Colorado City and Manitou Springs. The newspaper, called Ink, will publish Wednesday through Saturday and 10,000 copies will be distributed each day to newspaper racks and stores in the three areas, said Gazette Vice President of Marketing… Continue Reading Gazette will launch four-day-a-week newspaper

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