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‘Aggressive’ battle plan short on specifics, critics say
WASHINGTON (AP) – Treasury Secretary Timothy Geithner said today the new administration will wage an aggressive battle against the worst financial crisis in seven decades through programs designed to increase consumer lending and remove toxic assets from banks’ balance sheets.
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Small business tax tips for 2008

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The National Association for the Self-Employed is encouraging small business owners to get an early jump on their taxes with top tax tips for 2008. Among the tips are: Visit www.NASE.org or www.IRS.gov to determine whether you should have your taxes calculated professionally. Determine whether cash or accrual accounting is best for your business. Always… Continue Reading Small business tax tips for 2008

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The Colorado Commission on Higher Education has approved the Falcon extension of Pikes Peak Community College. The new campus will be housed in the former Falcon Middle School, off Highway 24. It will be the fourth campus for PPCC and the first new site in more than 10 years. The location of the campus will… Continue Reading PPCC to add Falcon campus

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SBA launches fed contract guide

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The Small Business Administration launched a free online course this week, titled “Business Opportunities: A Guide to Winning Federal Contracts.” Designed for small businesses, small firms in underserved markets and women entrepreneurs, the Business Opportunities online course provides information about the $400 billion federal markets, contract rules and how to sell to the government. Business… Continue Reading SBA launches fed contract guide

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Health care site examines reform plans

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A new health care reform Web site, provides politicians’ viewpoints on the subject, as well as opinion, news and analysis aimed at increasing the dialogue about health care. The site, www.reformplans.com, plans to facilitate a “broad discussion” of the issues through an outline of various health care reform proposals, and features a plan comparison grid… Continue Reading Health care site examines reform plans

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Mortgage foreclosures rose to an all-time high at the end of 2007 as borrowers with adjustable-rate loans walked away from properties before their payments increased, the Mortgage Bankers Association said today. New foreclosures jumped to 0.83 percent of all home loans in the fourth quarter from 0.54 percent a year earlier. Late payments rose to… Continue Reading Foreclosures mount as borrowers walk away

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January airport revenue strong

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Neither inclement weather nor an iffy national economy seemed to affect Colorado Springs Airport revenue and operations during January. Total revenue at the airport for the month was up 10.6 percent to more than $1.84 million, compared to $1.66 million in January 2007. The news is a sign that activity levels and private investment are… Continue Reading January airport revenue strong

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The Associated Press WASHINGTON – The Boeing Co. wants the Air Force to immediately explain why it awarded a $35 billion contract to rival European Aeronautic Defense and Space Co. and its partner, Northrop Grumman Corp. The contract was for supplying air-to-air refueling tankers to the Air Force, which Boeing has been doing for nearly… Continue Reading Air Force thwarts Boeing, awards contract to European company

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County seeking judge applicants

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The Fourth Judicial District is seeking applicants for a new county court judgeship that starts July 1. The legislature created the new position last year to help address crowded El Paso and Teller county dockets. Eligible candidates must live in El Paso County and must be admitted to the practice of law in Colorado. The… Continue Reading County seeking judge applicants

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A couple retiring this year will need about $225,000 in savings just to cover medical costs in retirement, according to analysis by Fidelity Investments. The figure, calculated for a couple age 65, is up 4.7 percent from the $215,000 estimate for 2007, the financial services company said. And it is similar to other projections for… Continue Reading Retiring? Better have at least $225,000

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