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How much might The Gazette fetch?

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With The Gazette in all probability on the sales block, the natural question that follows is, what’s it worth? The old gray lady of Prospect Street ain’t what she used to be. Here is a breakdown of the factors any buyer would consider, based on hard numbers reviewed by the Business Journal: Buildings and equipment… Continue Reading How much might The Gazette fetch?

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People change jobs all the time, so you have to wonder why Bettina Swigger’s decision to leave her job as executive director of COPPeR earlier this week caused such a stir. We featured the news on our website, as did the Gazette. Facebook exploded with sadly congratulatory posts, such as these two. “We were fortunate… Continue Reading Arts sector rich in diversity, lacking in opportunities

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Council notion amounts to a raid on Memorial

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Memorial Health System is one of the city’s greatest assets, is one of the most respected hospital systems in the state, and, over the years, has treated hundreds of thousands of people. In short, it has given a lot to the community. Some on City Council don’t think it has given enough. As Business Journal… Continue Reading Council notion amounts to a raid on Memorial

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Employment picture brightening despite calls to cut defense spending nationally While defense contractors throughout the nation are bracing for spending cuts from Washington, the outlook for hiring in Colorado Springs appears largely positive. Defense giants like Boeing, ITT Services and Northrop Grumman predict no downturn in their Colorado Springs employment picture, and smaller companies like… Continue Reading Springs defense contractors hiring by the hundreds

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A tough Thanksgiving for this nonprofit

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Funding cuts in human services have been regular news for several years. To decision-makers in Denver, budget cuts mean changing numbers on spreadsheets to make expenses match revenues. The practice is to cut uniformly across agencies and programs without evaluating the impact of these spreadsheet changes. On Oct. 1 of this year the state of… Continue Reading A tough Thanksgiving for this nonprofit

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Open-space advocates cast eye on Banning Lewis

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Open-space advocates hope the bankruptcy of the company that owns the 21,000-acre Banning-Lewis ranch may pave the way to the creation of a vast regional park in southeastern Colorado Springs. The park would link the 522-acre Corral Bluffs open space with the 693-acre Jimmy Camp Creek Park. Phyllis Cahill, who helped lead the fight to… Continue Reading Open-space advocates cast eye on Banning Lewis

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City Council: Nonprofit best for Memorial

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All nine members of the Colorado Springs City Council appear ready to allow Memorial Health System to become an independent, nonprofit system, though that’s where their agreement ends. The council wants to see a tangible return on the city’s investment, more details about how a proposed health care foundation would benefit the community, and guarantees… Continue Reading City Council: Nonprofit best for Memorial

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In formation: Homegrown venture capital operation

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I’m not sure what made me queasier: too much of the cheese or my conversation with the weary lawyer pining for a return of deal flow that would allow him to send his kids to the college of their choice. It was Monday evening and I was at the 2010 Excellence in Local Industry Awards,… Continue Reading In formation: Homegrown venture capital operation

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Jenco dialing-in profit with communications niche

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At the end of his first year selling office technology, Kent Carlson had plowed through his savings and had only sold one printer. He made $20 that year. Just as he was questioning the future of his little company, Jenco Technologies, he landed a contract with the Department of Energy. He now had reason to… Continue Reading Jenco dialing-in profit with communications niche

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Executive shuffle under way at area banks

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Upheaval and uncertainty. There’s been no shortage of either at area banks, even those with solid balance sheets. In the past six months, some of these banks have also seen what’s often inevitable in Corporate America: Changes at the top. Four financial institutions with a footprint in the area have recently lost or replaced their… Continue Reading Executive shuffle under way at area banks

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