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If your  business needs a small infusion of cash to stay afloat, an opportunity has arrived. Small business loans are now available through America’s Recovery Capital, a temporary loan program. The Small Business Administration is accepting loans of up to $35,000, which are designed to keep small businesses open. Businesses must be for-profit to qualify. The deferred-payment… Continue Reading SBA launches new small business loan program

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Auto loan delinquencies jump

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NEW YORK (AP) – Those “green shoots” of economic rebound don’t yet have very deep roots. While some economic indicators are pointing to better days ahead, data shows consumers continued to struggle to make loan payments in the first quarter. The latest evidence showed in the rate of auto loan payments that were 60 days… Continue Reading Auto loan delinquencies jump

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Nationwide, employer costs for employee compensation — wages, salaries, benefits and required payments — averaged $31.20 per hour worked during March for full-time workers in private industry. The Bureau of Labor Statistics reported that of the total, wages and salaries accounted for $21.72 (70 percent); insurance, $2.58 (8 percent); legally required benefits such as employer taxes… Continue Reading Construction companies paying higher wages, workmen’s comp

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Planned Parenthood: not just for women

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Planned Parenthood is normally thought of as a women’s clinic – but the Rocky Mountain region is reporting a 22 percent increase in male clients during 2007-08.

Only 6 percent of the organization’s patients are men, but the guys are visiting the clinic for health and reproductive screening – AIDS testing and diagnosis, as well as testing for sexually transmitted diseases, cholesterol and high blood pressure tests.

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Four El Paso County projects are being considered for water and wastewater improvement efforts paid for by the American Recovery and Reinvestment Act. The $60 million in projects are scheduled to start construction by the end of September – but not all of the 87 proposals on the list will receive money. Only about 30 projects will ultimately… Continue Reading El Paso cities on short list for stimulus project money

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Art on the Streets

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The 11th annual Art on the Streets opens June 26, when 13 works will be officially introduced. There were a record 62 submission this year. Artwork in this year’s show represents the creative labor of artists from Colorado, Kansas, California, Arizona, New Mexico and Italy. “There’s no doubt in my mind this is going to be our… Continue Reading Art on the Streets

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Mayor Lionel Rivera apparently never told his fellow City Council members that he had a fiduciary relationship with LandCo Equity Partners CEO Ray Marshall. The relationship was revealed this morning during a hearing conducted by the city’s Independent Ethics Commission. John Cook, an attorney who has represented Marshall, told the commission that Rivera had been… Continue Reading Vice mayor: council never told about Rivera, Marshall link

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In an unanticipated development during Friday morning’s Independent Ethics Commission hearing, John Cook, a lawyer who has represented LandCo’s Ray Marshall in multiple lawsuits filed by Colorado Springs investor Jack W. Mason, confirmed that Mayor Lionel Rivera had been Marshall’s financial adviser at UBS from 2005 to early 2008. Cook came forward after attorney Lindsay… Continue Reading Lawyer confirms relationship between Rivera, Marshall

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People on the Move – June 12, 2009

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Wally Roy has joined CB&T Mortgage as a loan adviser. He has 10 years of mortgage experience. Jim Pagano has earned Leadership in Energy and Environmental Design Accredited Professional designation. He is a senior project manager for Nunn Construction Inc. Bob Blodgett has been named principal of Clifton Gunderson. He has nearly 35 years of… Continue Reading People on the Move – June 12, 2009

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Perry Sanders’ plans to convert the Mining Exchange Building and two adjacent properties into a luxury hotel would double the downtown hotel count – from one to two. But 82 years ago, a traveler seeking a hotel room would have had many more choices. According to the 1927 edition of Polk’s Colorado Springs Directory, downtown… Continue Reading Ghosts of travelers past

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