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TIF, challenge grants for downtown development

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Two different funding mechanisms are now available through the Downtown Development Authority for those interested in downtown development projects. The programs, tax increment financing through reimbursement contracts and challenge grants, require an application and review process. The deadline for challenge grant applications is April 30. Applications for TIF are ongoing. Application forms are available on… Continue Reading TIF, challenge grants for downtown development

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Trade deficit at 14-month high

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The U.S. trade deficit rose to its highest level in 14 months, as record high oil prices overshadowed a rise in exports. The U.S. Department of Commerce said the deficit grew by 9.3 percent during November to $63.1 billion – largely created by a 16.3 percent increase in foreign oil costs. There also was a… Continue Reading Trade deficit at 14-month high

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Memorial names interim CEO

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The Memorial Health System Board of Trustees has named Larry McEvoy, M.D. as interim CEO and announced that Dick Eitel will retire on March 31. McEvoy joined Memorial Health System during October as chief medical officer. He’s a board-certified fellow of the American College of Emergency Medicine and received his medical degree and internship/residency training at… Continue Reading Memorial names interim CEO

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State’s 50th biofuel station opens in Springs

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Colorado Springs is the site of the state’s celebration of a biofuels milestone: the 50th station opened in the state. The station is at Western Convenience, 2775 Briargate Blvd. The opening also means that Colorado has met the U.S. Department of Energy’s goal to quadruple its number of biofuel stations. Southern Colorado has more than… Continue Reading State’s 50th biofuel station opens in Springs

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Retail sales predictions for 2008

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The National Retail Federation is predicting that retail industry sales will increase 3.5 percent this year. NRF analysts expect the current slow pace in sales growth to continue before picking up in the second half of the year, with sales increasing 3.2 percent in the first half of the year followed by a 3.8 percent… Continue Reading Retail sales predictions for 2008

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2008 could be the golden year

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2008 could be shaping up to be a golden year – at least, for those who own the precious metal. On the New York Mercantile Exchange this morning, gold for immediate delivery rose by $12 an ounce, to $908. So far this year, gold has gained 8.9 percent, while the dollar has fallen 2 percent… Continue Reading 2008 could be the golden year

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The American Solar Energy Society estimates that as many as one out of four jobs – close to 40 million jobs in the United States – could be tied to renewable energy or energy efficiency industries by 2030. The organization’s “green collar jobs” report shows that these industries already generate 8.5 million jobs in the… Continue Reading Green collar jobs on the rise

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Nearly 13 percent of registered financial advisers are losing at least a day of production each week because of compliance issues and paperwork. The 2007 Financial Advisor Compliance and Legal Concerns study conducted by Vestment Advisors Inc. of Minneapolis revealed that 39 percent of respondents are concerned about the amount of paperwork that must be… Continue Reading Compliance costing financial advisers time, money

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Nonfarm employment increases

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Total nonfarm employment increased in 38 states and the District of Columbia during November. The Bureau of Labor Statistics reported that compared to November 2006, nonfarm employment decreased in 10 states and was unchanged in two. Employment increased everywhere except in Ohio, minus 0.2 percent, and Michigan, minus 1.8 percent. The biggest year-over-year percentage gains… Continue Reading Nonfarm employment increases

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‘PowerBank’ coming to Colorado

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U.S. Bank is expanding its “PowerBank” customer service program to Colorado. The initiatives was launched last year in St. Louis and Portland, Ore. The Minneapolis-based bank said it had hired about 100 new Colorado employees as part of the initiative, and is expected to hire about 150 more by the end of the year, mostly… Continue Reading ‘PowerBank’ coming to Colorado

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