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Mortgage applications show slight rise

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Mortgage application volume increased 5.5 percent last week, according to the Mortgage Bankers Association’s weekly application survey. The MBA’s mortgage application index rose to 707.3, from 670.6 the previous week. The survey provides a snapshot of mortgage lending activity among mortgage bankers, commercial banks and thrifts. It covers about 50 percent of all residential retail… Continue Reading Mortgage applications show slight rise

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The University of Colorado’s Presidential Search Committee wants to know what Colorado Springs residents think CU’s next president should be like. The committee will hold a meeting to solicit comment at 5:30 p.m. Nov. 20 at the Colorado Springs Chamber of Commerce office, 2 N. Cascade Ave., suite 110. CU Regent Steve Bosley, who chairs… Continue Reading CU Presidential Search Committee holding town hall meeting

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State recognized for its green policies

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A national report released this week gives Colorado high marks its implementation of environmental standards. The report from America’s Clean Energy assigned gold, silver and bronze stars to each of the 50 states based on five energy related policy areas: having a renewable energy standard, adopting the clean cars program, establishing energy efficiency programs and… Continue Reading State recognized for its green policies

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Chipotle drops hormone from menu

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Denver-based restaurant chain Chipotle Mexican Grill said this week that it will drop items from its menu containing the growth hormone rBGH by year’s end. The hormone is used to stimulate milk production in dairy cattle. Chipotle began serving sour cream free of the growth hormone last year. Over the past few months, the company… Continue Reading Chipotle drops hormone from menu

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More Colorado teens talk on cell phones and send text message while driving than teens from other states. About 66 percent of Colorado teens admitted to talking on the phone while driving compared to a national average of 51 percent, according to results of a AAA Colorado study released today. Nearly 51 percent of the… Continue Reading Colorado teen talking, texting while driving above national average

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Pay gap between black, white families widens

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The income gap between black and white families has grown as pay for black men has decreased while pay for white women has increased, according to results of three studies released today. The studies are part of the Economic Mobility Project and compared racial pay differences as well as whether children are typically make more… Continue Reading Pay gap between black, white families widens

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The $471 billion Defense Appropriations Act that outlines the budget for 2008 Pentagon programs was given final approval by Congress and is headed to President Bush’s desk for signature. As much as $224 million is earmarked for military programs in Colorado. The Pikes Peak region will see a $3.2 million upgrade to the Cheyenne Mountain… Continue Reading Congress approves $471 billion Defense Appropriations Act

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Loo named state’s outstanding philanthropist

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Colorado Springs’ own Kathy Loo is one of nine individuals and organizations that will be honored at the 2007 National Philanthropy Day in Colorado luncheon in Denver on Friday. Selected as this year’s Outstanding Philanthropist, one of Loo’s many contributions has been her service as co-chair of the Colorado Springs Fine Arts Center capital campaign,… Continue Reading Loo named state’s outstanding philanthropist

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Commercial development outlook positive

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Strong industrial markets, rent gains and a growing interest in medical office buildings brought an upbeat perspective to the nation’s top commercial developers, despite concerns that the economy and property market fundamentals are losing steam. That’s according to the National Association of Industrial and Office Properties Vital Signs members’ survey. Doug Herzbrun, managing director of… Continue Reading Commercial development outlook positive

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Holiday hiring surge weak

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The holiday season usually means employment, even if only temporary, for a lot of American job seekers, but not as many are finding work this year. October typically marks the beginning of the holiday hiring surge, but less than 72,000 seasonal job seekers found new jobs during October – a rate that’s shaping up to… Continue Reading Holiday hiring surge weak

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