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Grant makes new Falcon library possible

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Thanks to a grant from the Colorado Department of Local Affairs, the first Pikes Peak region library east of Powers Boulevard will be built. The Pikes Peak Library District received a $500,000 grant from the department to aid construction of the High Prairie Library Branch, part of a $23.2 million awarded for construction, infrastructure and… Continue Reading Grant makes new Falcon library possible

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One World 2 You closing Aug. 2

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One World 2 You, an Indian export warehouse, is closing Aug. 2, after two years in business. The company, owned by Jacquelyn Lundquist, is closing because the building owner decided not to renew her lease on the space at 101 S. Sahwatch a new national tenant was found who would sign a longer term lease. “They… Continue Reading One World 2 You closing Aug. 2

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 Lone Tree-based DISH Network has agreed to pay $5.99 million to 46 states to settle allegations the satellite television provider and its third-party retailers engaged in unfair and deceptive sales practices. Colorado will receive $125,000 from the multistate settlement, according to Attorney General John Suthers. Also as part of the settlement, DISH Network has agreed… Continue Reading DISH Network agrees to $5.99 million settlement

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Freedom CEO: Bankruptcy possible

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In an interview with the Orange County Register published earlier this week, Burl Osborne, the interim CEO of Freedom Communications, said that the company is in discussions with its bankers about “restructuring.”

Freedom, which owns dozens of media properties, including the Register and the Colorado Springs Gazette, is more than $700 million in debt.

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Colorado Attorney General John Suthers’ office has banned seven loan-modification companies from doing business in Colorado because they either failed to deliver promised results or engaged in deceptive advertising. The firms are Eugene Alkana Law Firm, doing business as Legal Home Solutions; Infinity Group Funding; NC Home Solutions; Traut Law Group; Nationwide Modification Center Inc.; Rescue… Continue Reading AG bans seven loan companies from doing business in Colorado

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Yesterday, President Barack Obama proposed the American Graduation Initiative, to increase college graduation rates, a prospect Pikes Peak Community College President Dr. Anthony Kinkel called the most efficient use of tax-payer dollars. “I can guarantee that if Congress can pass this initiative,” Kinkel said, “the return on investment with community colleges will be higher than… Continue Reading PPCC’s Kinkel applauds Graduation Initiative plan

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One survey indicates the national retirement age is rising as a result of the economic recession, and while Coloradoans are working further into their golden years, it might not be just because of poor economic times. Survey results released this week by Oakland, Calif.-based Golden Gateway Financial said half of all seniors’ net worth has decreased by 10… Continue Reading Recession has retirement age creeping upward

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Kaiser fined for conduct violations

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Kaiser Permanente Insurance Company and Kaiser Foundation Health Plan of Colorado have been fined for several conduct violations. Kaiser health plan was fined $201,000, and the insurance company was fined $166,000. “The violations were pretty typical for a large insurance company,” said Carol O’Bryan, director of market regulation for the Division of Insurance. “We have… Continue Reading Kaiser fined for conduct violations

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Merck & Co. Inc, Schering-Plough Corp. and a joint venture of the two companies, MSP Singapore Company, have agreed to settle with 35 states, including Colorado, after it delayed the release of negative results from a clinical trial of its cholesterol lowering drug Vytorin. Colorado will receive $100,000 of the $5.4 million the companies have… Continue Reading Merck pays $5.4 million for withholding negative information

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Colorado makes a lot of Top Ten lists, but not this time. Instead, California is the most patent-rich state with 22,202 new patents registered during 2008. Texas was second with 6,800, followed by New York, Washington, Massachusetts, Michigan, Illinois, New Jersey, Ohio and Minnesota. The current top-ten patent rankings by state, technology category, and company were… Continue Reading California, IBM continue to lead in ten patent rankings

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