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‘Glimmer of hope’ for economy

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Although Colorado’s unemployment is still high and job losses are expected to continue, positive national economic indicators will likely boost the state’s small business conditions, said Vectra Bank’s Corporate Economist Jeff Thredgold. Locally, the Vectra Bank Colorado small business index measured 76.9 during April, down from a revised 78.1 during March. The index decline reflects… Continue Reading ‘Glimmer of hope’ for economy

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Commission tables ethics complaint

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 It took the city’s Independent Ethics Commission less than 10 minutes this morning to decide they need more specific information before they can decide whether Mayor Lionel Rivera violated ethics policy. Ron Johnson, president and CEO of Central Bancorp, filed a complaint saying that Rivera handles financial accounts for the developer chosen by the city to build… Continue Reading Commission tables ethics complaint

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Department of Revenue seeks Bruce records

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Three agents from the Criminal Investigation Section of Colorado Department of Revenue were at the El Paso County budget department on Thursday morning seeking information about former County Commissioner Douglas Bruce.

According to an e-mail written by Nicola Sapp, the county’s financial services director, the agents asked about Bruce’s “charitable” donations and “any meetings that were held related to that topic. … They requested copies of his W-2 and W-4 (forms) …”

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Jury verdicts in civil cases can range from small, barely noticed awards to enormous amounts of money that make headlines. But are awards diving during the recession? Well, the jury’s still out. At least one study shows that overall median jury awards have declined 40 percent, when adjusted for inflation. For tort jury trials, the… Continue Reading Jury awards tanking along with the economy?

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Hotels, resorts weathering recession

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Like the indomitable surfers of southern California, they ride the waves of a surging – and then, suddenly, spinning out – economy. Meeting and event planners, and the hotels that serve them, are valiantly trying to “hang 10″ through the 2009 business cycle, eager not to wipeout in the midst of corporate budget cuts or… Continue Reading Hotels, resorts weathering recession

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The Greenbrier in White Sulpher Springs, W.Va., and The Broadmoor share many similarities. They’re both world-renowned luxury resort hotels, serving the same types of clientele, conference and vacation guests. And, both tout high-end amenities, dining, recreation and services. So when David and Suzanne Gibson decided to expand their business with a second location, The Broadmoor… Continue Reading Retail roundup: Gibson’s jewelry and art moves into Broadmoor

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It hasn’t taken the local lodging group long to figure out that recessionary economic conditions require a Plan B marketing strategy – a more innovative and aggressive approach to putting “heads in beds.” John Branciforte, director of sales for Cheyenne Mountain Conference Resort, said his corporate and group business typically accounts for 70 percent of… Continue Reading Hotels getting creative to retain market share

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Hospitals chip in to pay for detox center

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Despite missing an earlier deadline, both of Colorado Springs’ hospitals have agreed to provide money for community detoxification services. Both Memorial Health System and Penrose-St. Francis Health Services will help pay for construction of a new El Paso County detox center. The original center, Pikes Peak Mental Health’s Lighthouse, closed in February because there was… Continue Reading Hospitals chip in to pay for detox center

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Twenty Colorado Springs physicians are listed among the nation’s most influential doctors in a USA Today public database opened this week. The local doctors were among 6,000 in 300 metro areas considered to be leaders in their communities in treating one or more of four key chronic conditions: diabetes, asthma, hypertension and high cholesterol. The… Continue Reading Springs docs among nation’s most influential

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Peterson Air Force Base has lost its bid to house the 24th Air Force cyber mission, a 400-airman Internet warfare unit. Air Force officials announced this morning that Lackland AFB, Texas, is the preferred location for the unit. A final decision cannot be made until an environmental impact study is complete. Peterson officials learned in… Continue Reading Peterson AFB passed up for planned cyber unit

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