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Rebecca Taraborelli, her husband, Matt Taraborelli, and brother, Gregory Harris, will open Rasta Pasta, a full-service casual restaurant, at the corner of Boulder and Tejon streets this fall. The owners purchased a one-time license for the brand, signage, menu and recipes from Rasta Pasta founder Scott Lias, who owns the only other Rasta Pasta locations… Continue Reading North downtown development moving on with Rasta Pasta

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The first shot in the battle to keep Army troops at Fort Carson has been fired by a top Senate leader from Texas. Sen. Kay Bailey Hutchison (R-TX) said she is trying to convince the Pentagon to consider Fort Bliss, Tex. over smaller posts like Fort Carson in Colorado when assigning large-scale training operations in… Continue Reading Texas Senator lobbies to move Carson troops to Fort Bliss

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Existing home sales up 2%

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WASHINGTON (AP) – Sales of previously occupied homes rose modestly from March to April as buyers who were brave enough to dive into the market took advantage of prices that were 15.4 percent below year-ago levels.The National Association of Realtors said Wednesday that home sales rose 2.9 percent to an annual rate of 4.68 million… Continue Reading Existing home sales up 2%

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Dr. Wes Metzler, president and CEO of the Humane Society of the Pikes Peak Region since 1993, said today that he plans to retire next year. The board of directors is searching for a replacement. During his tenure, Metzler led a capital campaign for the shelter and spearheaded a bond referendum, which voters approved.¬† Before… Continue Reading Humane Society CEO Metzler retiring

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A luncheon panel discussion scheduled for tomorrow will address how added military troops coming to Colorado Springs will affect the local economy. The meeting is scheduled from 11:30 a.m. to 1:30 p.m. at the Warehouse Restaurant, 25 W. Cimarron St. Panelists include City of Fountain Planning Director David Smedsrud and Army Lt. Col. Ron Bolton.… Continue Reading Panel to consider economics of region’s military troop influx

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DDA awards $130,000 to beautify downtown

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Nineteen downtown businesses and organizations have been awarded $130,000 in challenge grants from the Downtown Development Authority to spruce up downtown. Renovation¬†plans include adding landscaping, infrastructure upgrades, new signage and even a couple of murals. A grant was awarded to help create the Conservation Hardware Center, a store that sells sustainable energy accessories, at 409… Continue Reading DDA awards $130,000 to beautify downtown

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(AP) – More than 90 percent of economists predict the recession will end this year, although the recovery is likely to be bumpy. That assessment came from leading forecasters in a survey by the National Association for Business Economics to be released Wednesday. It is generally in line with the outlook from Federal Reserve Chairman… Continue Reading Economists say recession will end this year

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SAN FRANCISCO (AP) – The California Supreme Court upheld a voter-approved ban on same-sex marriage Tuesday, but it also decided that the estimated 18,000 gay couples who tied the knot before the law took effect will stay wed. The 6-1 decision written by Chief Justice Ron George rejected an argument by gay rights activists that… Continue Reading California Supreme Court upholds gay marriage ban

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Only a few months remain for small businesses to take advantage of tax breaks offered by the American Recovery and Reinvestment Act. Faster write-offs for capital expenditures Many small businesses that invest in new property and equipment will be able to write off most or all of the purchases on their 2009 returns. The new… Continue Reading Time running out for small business stimulus tax breaks

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Obama memo returns rights to states

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President Barack Obama has issued a statement that limits the federal government’s ability to preempt state law – overturning a practice put in place by former President George W. Bush. According to the memo no regulatory agency can issue rules that have the force of law over current state law. Instead, the agencies must go… Continue Reading Obama memo returns rights to states

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