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Colorado Springs business groups sent a statement of opposition yesterday to Gov. Bill Ritter’s support of legislation that blocks the sale Pinon Canon land – and they didn’t mince words. “Members of the Quality Community Group are stunned and extremely disappointed with the governor’s expressed intent to sign HB 1317,” the statement said. “All the arguments… Continue Reading Springs groups send strong message to Governor Ritter

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Colorado Springs Credit Union has changed its name to Aventa Credit Union. Don’t run for Webster’s or dictionary.com. The name is made up – and meant to reflect the local friendly culture, credit union officials say. The credit union was established in 1957 as the Colorado Springs Employees Credit Union to serve utilities employees, but… Continue Reading Colorado Springs Credit Union takes new name

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WASHINGTON (AP) – The credit card companies seem to have few friends on Capitol Hill these days, with even the most business-minded lawmakers siding with consumers in speaking out against steep rate hikes and fees.The House was expected to pass, possibly as early as today, a bill that would enact sweeping new restrictions on the… Continue Reading Senate sides with consumers, supports credit card bill

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Swine flu hits El Paso County

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Two people in El Paso County have been hospitalized with confirmed cases of swine flu, according to the El Paso County Department of Health and Environment. The first two known cases in the county, a woman and an unrelated infant are recovering from the virus. “This situation continues to evolve, and we knew it was… Continue Reading Swine flu hits El Paso County

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UCCS tuition to increase 5%

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University of Colorado Regents approved across-the-board fall tuition increases today for all three CU campuses. University of Colorado at Colorado Springs tuition will increase 5 percent, which amounts to an additional $9 per credit hour for in-state undergraduate classes. Nonresident students pay rates that are roughly double those of Colorado residents. Those students will see… Continue Reading UCCS tuition to increase 5%

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American Express to cut 4,000 jobs

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NEW YORK – American Express said Monday it is eliminating about 4,000 jobs as part of a plan to slash another $800 million in costs for the remainder of the year.The layoffs represent about 6 percent of the New York-based credit card issuer’s current global work force. Many of the affected workers were notified in… Continue Reading American Express to cut 4,000 jobs

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WASHINGTON (AP) – President Barack Obama’s new fuel and emission standards for cars and trucks will save billions of barrels of oil but are expected to cost consumers an extra $1,300 per vehicle by the time the plan is complete in 2016. Obama planned to announce today the first-ever national emissions limits for vehicles, as… Continue Reading Obama to announce auto mileage, emissions standards

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The Obama administration is offering $4.4 billion to a select group of states willing to push school reforms, and Colorado officials are working on a pitch to win what lawmakers call the education Powerball, according to Business Journal media partner FOX 21 NEWS.It could bring another estimated $400 million to Colorado over four years, depending… Continue Reading Colorado pushing for ‘education Powerball’

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CHICAGO (AP) – Lowe’s Cos. Inc. said Monday that its fiscal first-quarter profit fell 22 percent but still managed to top Wall Street’s expectations as it cut prices on fewer items.The news, along with a better-than-expected second-quarter outlook and an increased full-year outlook, sent the company’s shares higher in morning trading. The nation’s second-biggest home-improvement… Continue Reading Lowe’s beats Wall Street prediction with 22% profit drop

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The Libertarian Party of Colorado elected new leadership to the Board of Directors during its annual convention Saturday. Chariman Travis Nicks, was replaced by David K. Williams, Jr., who was formerly serving as the legislative director. Other new board members include Legislative Liaison Justin Longo, Media Director Kate Melvin, Western Slope Outreach Director Debbie Schum… Continue Reading Colorado Libertarian Party elects new leadership

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