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There Is An Intrinsic Sadness When A College Drops Its Football Program for whatever reason, and that is the case this week with the terse announcement that Colorado College was eliminating the sport for budgetary reasons after 127 years of play………while local reaction in the media has been tepid to date, there are a lot… Continue Reading Mike Moran on CC dropping its football program

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WASHINGTON (AP) – The government says consumers increased spending for a second straight month in February even though their incomes slipped due to continuing massive layoffs.The Commerce Department reported Friday that consumer spending edged up 0.2 percent in February, in line with expectations. That follows a huge 1 percent jump in January that was even… Continue Reading Consumer spending increases for second straight month

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Snowstorm shuts down most of the Springs

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While most local weather forecasters say snowy flurries should clear by noon, the storm has still shut down most of the city today. All city and county offices are closed, along with a number of businesses and banks. Visit the FOX 21 News Web site to view a list of closures and delayed openings. City… Continue Reading Snowstorm shuts down most of the Springs

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Tightening the belt on executive pay

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Half of U.S. companies will be freezing base salaries in 2009 – and a number of those will be Colorado-based. The results of a survey released this week by Grant Thornton LLP indicated that about 50 percent of U.S. companies will freeze base salaries in 2009, with another 15 percent planning to implement salary reduction… Continue Reading Tightening the belt on executive pay

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Closures, updates and traffic

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 Here’s a list of closures and weather-related updates: City and County offices are closed for the day. City traffic cameras for multiple intersections can be viewed at Springsgov.com Some Mountain Metro Transit and FREX buses are running late. Updates are available on Mountain Metro’s Web site. Road closures: U.S. Highway 6 over Loveland Pass I-25 between… Continue Reading Closures, updates and traffic

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Gov. Ritter declares emergency

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Gov. Bill Ritter has issued a disaster declaration, activating the National Guard to assist with rescue operations and authorizing up to $200,000 in state funds for emergency assistance. A blizzard that began this morning is predicted to drop between one and two feet of snow in communities along the Front Range and in excess of… Continue Reading Gov. Ritter declares emergency

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Colorado Springs is getting walloped by the same snowstorm that hit Denver this morning and dropped between one and two inches per hour. The snowflakes started to fall here about noon and were quickly accompanied by wind gusts of between 20 and 40 mph, according to FOX 21 Meteorologist Tim Elbertsen. He predicts Colorado Springs… Continue Reading Snowstorm blasts the Springs

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WASHINGTON (AP) – For a 10th straight week, the number of people who are continuing to claim jobless benefits increased, fresh evidence that the labor market remains weak despite other hopeful signs that the recession may have bottomed out. New claims for unemployment benefits last week rose to a seasonally adjusted 652,000 from the previous… Continue Reading Jobless claims rise for 10th straight week – recession’s bottom nowhere to be found

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The El Paso County District Attorney’s office is investigating certain transactions allegedly made by Ray Marshall and/or entities under his control. Marshall and his company LandCo are the primary developers of the three-way project involving the city and the U.S. Olympic Committee to build a downtown headquarters for the USOC, among other things. The investigation… Continue Reading DA investigating Marshall

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Owners of 13 Pure Nightclub and Bistro are appealing a decision made last week by the Colorado Springs Liquor Licensing Board to suspend the club’s tavern license for 10 days and for it to be held in abeyance for 60 days. The suspension was handed down in response to 10 separate police vice squad accusations… Continue Reading 13 Pure appealing 10-day liquor license suspension

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