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Holiday party planning: Avoid the lawsuits

It’s the scenario no boss wants to deal with: A manager at the annual office holiday party has a little too much to drink. He hits on every woman in the room — and even grabs a client invited to the party and kisses her. In the cold light of the morning after, bosses are… Continue Reading Holiday party planning: Avoid the lawsuits

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Court: Argent, Friese borrowed $12 million … then didn’t pay it back

Former Colorado Springs banker and resident Chad Friese and his firm, The Argent Company, borrowed nearly $12 million from dozens of individuals and their retirement accounts, but did not pay it back, according to court documents. A civil lawsuit filed in June 2011 in El Paso District Court by more than 60 people, their retirement… Continue Reading Court: Argent, Friese borrowed $12 million … then didn’t pay it back

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How Utilities maneuvers the numbers to beat renewable standards

What’s renewable energy — and what isn’t? Those two questions became critically important to senior officials of Colorado Springs Utilities when a voter-approved initiative in 2004 required that electric utilities derive a certain percentage of their retail electricity sales from renewable sources. Currently, municipally owned electric utilities in Colorado serving more than 40,000 customers must… Continue Reading How Utilities maneuvers the numbers to beat renewable standards

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Alley arts project making leap from plan to progress

A couple of years ago, a few downtowners got together and started talking about renovating the alleys of the city’s core, making them more pedestrian-friendly with new pavement, paint and lighting, transforming them from stinky backstreet vagabond thoroughfares into bright, artistic retail and dining corridors. They made a plan, which began like a lot of… Continue Reading Alley arts project making leap from plan to progress

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Finding a new way

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Finding a new way

Nursing shortage leads to creative local solutions Fewer nurses are working longer hours and caring for more patients — thanks to a combination of tight hospital budgets and an aging workforce. And in Colorado, the problem is nearly twice as acute as in the rest of the nation. Colorado health care experts say there is… Continue Reading Finding a new way

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The world of franchising: It costs more, but with benefits

Franchises — those businesses with recognizable names like McDonald’s, 7-Eleven, Radio Shack and more — have long represented a safe investment for people who want to work for themselves. And that’s as true in Colorado Springs as it is anywhere. The U.S. franchise sector created 27,913 jobs in June alone — the highest monthly number… Continue Reading The world of franchising: It costs more, but with benefits

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Effects of interest rate increase all a matter of perspective

When the Federal Reserve signaled last month that interest rates would increase, it dropped a bomb on the housing and mortgage market that’s sending shockwaves through the industry. While Colorado Springs analysts and industry insiders are divided about both the long- and short-term effects of the rate increase, all agree that it will cause fluctuation… Continue Reading Effects of interest rate increase all a matter of perspective

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Tough adjustment: Health care providers having trouble with TriCare referrals

Three months ago, UnitedHealthcare took over the TriCare contract from TriWest Healthcare Alliance for the 21-state western region. But after that change took effect April 1, few providers were prepared for what happened next: lack of referrals, slow payments, new billing codes, new requirements and reduced services. In Colorado Springs, Alpine Autism Center says UHC… Continue Reading Tough adjustment: Health care providers having trouble with TriCare referrals

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Tech trailblazer: Local company ISS pushes university research, technology transfer

Most small business innovation research never sees commercial use — ending up in what technology experts call the “valley of death, where good research goes to die.” The problem: Federal funding gives small businesses the help needed to take the new technology from the idea stage to reality. But lack of capital investment in the… Continue Reading Tech trailblazer: Local company ISS pushes university research, technology transfer

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Future is now: Springs bioscience sector growing stronger

For the Colorado Springs Regional Business Alliance, the 41 companies in the city’s bioscience sector represent both an economic boon and the chance to create a larger industry cluster that will bring high-paying jobs and high-tech expertise to the region. From companies that develop stem-cell assays for research laboratories to those that manufacture tiny devices… Continue Reading Future is now: Springs bioscience sector growing stronger

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