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A premier party for a Trading Spaces television episode filmed in Colorado Springs this summer is scheduled for 6:30 p.m. tomorrow at Will’s Sports Pub & Grill, 424 S. Nevada Ave. The episode will be televised at the party from 8 to 9 p.m. The episode features local residents and roller derby skaters Karma Getcha… Continue Reading Premier party for Springs’ Trading Spaces episode

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Small business continued to create Colorado’s new jobs during 2004. The updated Colorado Small Business Profile, released today by the Office of Advocacy of the U.S. Small Business Administration, shows that small businesses added 25,400 net new jobs during the latest year studied. “Small businesses are Colorado’s job-creating dynamo,” said Dr. Chad Moutray, chief economist… Continue Reading Colorado small businesses create 25,400 jobs in 2004

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FHA-approved lenders offer subprime antidote

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Countrywide Financial Corp. announced its intention this week to help 82,000 subprime borrowers facing higher payments to stay in their homes. But, the company is not the only financial institution promoting FHA fixed-rate refinanced or restructured loans to borrowers overwhelmed by high-risk escalating adjustable rate mortgages. The HUD-sponsored program, launched Sept. 5 with the support… Continue Reading FHA-approved lenders offer subprime antidote

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USA Basketball is looking to move its headquarters and training facilities out of Colorado Springs after the 2008 Summer Games. USA Basketball, the national governing body for men’s and women’s basketball in the U.S., has issued a request for proposal to cities interested in forging a long-term partnership. More than 20 cities have expressed interest.… Continue Reading USA Basketball looking to move from Springs

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Waiting tables a real drag for women

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There’s a good chance your waitress is depressed. Nearly 15 percent of women working in the food service industry report having experienced depression in the last year – nearly triple that of their male counterparts, according to a report by the U.S. Department of Health & Human Services. And, depression among food workers is among… Continue Reading Waiting tables a real drag for women

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The appropriations bill passed last night in the U.S. Senate contains more than $1.7 million for Colorado projects – none of which are local. The projects include: $200,000 for Mercy Health Foundation in La Plata County to expand its primary care and prevention services $200,000 for Denver Health Medical Center in Denver to expand and… Continue Reading Senate OK’s appropriations bill with Colorado projects

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Light Blue Optics, based in the United Kingdom, has opened a research and development facility in Colorado Springs. The company, which produces holographic laser technology, will employ 12 people initially and has leased office space at 4775 Centennial Blvd.

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Springs hotel occupancies, room rates rise

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Hotel occupancies and room rates in Colorado Springs have risen slightly during the last year. The average occupancy rate for Colorado Springs-area hotels was 69.3 percent during September, compared with 62.1 percent during September last year, according to the latest Rocky Mountain Lodging Report that was released this week. The average room rate for area… Continue Reading Springs hotel occupancies, room rates rise

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Merrill Lynch reports record loss

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Merrill Lynch & Co. reported the biggest quarterly loss in its 93-year history after $8.4 billion worth of writedowns. The third-quarter loss of $2.24 billion, or $2.82 a share, was about six times higher than the New York-based company estimation on Oct. 5. Merrill Lynch wrote down the value of subprime mortgages, asset-backed bonds and… Continue Reading Merrill Lynch reports record loss

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The Colorado Supreme Court is scheduled to hear arguments about the constitutional amendment that limits lobbyists’ gifts to legislators at 9 a.m. Thursday. Voters approved Amendment 41 in November 2006. Since then, the Colorado Attorney General attempted to interpret the amendment’s reach. In May, the court granted a temporary injunction until a full hearing on… Continue Reading State Supreme Court to consider lobbyist gift rule

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