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Fed policy should focus on price stability

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Ben Bernanke and his buddies at the Federal Reserve have half the economic equation right. But the half they’ve got wrong could turn out to be quite costly. In the Federal Open Market Committee statement released Nov. 3, the Fed reiterated concerns over a slow recovery in output and employment; consumer spending being restrained in… Continue Reading Fed policy should focus on price stability

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Married, middle aged, employed and living in a three-bedroom house, Shelly and Daryl Gottier never imagined they’d end up homeless — much less living along Monument Creek in a tent during winter. But that’s what happened. After a death in the family and losing their jobs in the midst of the economic downturn, they were… Continue Reading El Pomar serves up annual awards to local nonprofits

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People on the Move – November 12, 2010

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Linda Catlin has been named the executive director of Pikes Peak Community Tennis Association. Prior to joining PPCTA, Catlin, a business anthropologist, consulted with a variety of national clients, including General Motors, the Mayo Clinic, the Kellogg Foundation and the Jackie Joyner-Kersee Foundation. In addition to her consulting work, she has a background in management… Continue Reading People on the Move – November 12, 2010

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I caught up earlier this week with Chris Carmichael (he wasn’t on his bike) and asked him about his role in helping bring a stage of the coming Quizno’s Pro Challenge cycling race to the Springs. Carmichael, of course, is a former Olympic athlete, the owner of Carmichael Training Solutions, and Lance Armstrong’s cycling coach.… Continue Reading Carmichael: Quizno’s race an ‘enormous responsibility’

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Hospitality tax back on tourism agenda?

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After a couple of rough years, the hospitality industry hopes that 2011 will be a recovery year. It’ll also be the year that Doug Price takes over as head of the Colorado Springs Convention & Visitors Bureau. Although it’s too soon to know what Price will do, one of his concerns is funding, which has… Continue Reading Hospitality tax back on tourism agenda?

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The midterm elections are over but in five months, residents of the Springs will choose a new mayor and six new council members and one issue may overshadow every other: the Banning Lewis Ranch bankruptcy and its impact on the Southern Delivery System. The successful passage of the “strong mayor” initiative this week gives the… Continue Reading SDS shaping into election issue amid Banning Lewis bankruptcy

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After years of legal wrangling, indictments and raids by the federal government, Spectranetics is finally hoping to reorganize, regroup and regain market share. The restructuring comes as its CEO, president and chairman of the board, Emile Geisenheimer, retires, and as Spectranetics stock this week reached a 52-week low of $4.73 a share. Spectranetics stock has… Continue Reading Spectranetics ‘optimistic’ after legal troubles, financial losses

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Star Ranch was supposed to be the site of 72 upscale homes spread over 50 acres on Cheyenne Mountain close to The Broadmoor. Instead, the project is at the center of a protracted legal struggle, another casualty of the crippled real estate market and a symbol of the growing tensions between banks and developers fighting… Continue Reading Kirkpatrick Bank wins $8.8M judgment against Star Ranch

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Amanda Mountain is the new general manager and station director of KTSC-TV, southern Colorado’s public television outlet. Headquartered in Pueblo, the station has long had a low profile in Colorado Springs. Mountain, 34, graduated summa cum laude from the University of Colorado with a degree in media management. She most recently was director of Gazette… Continue Reading Mountain makes a move to public television top spot

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Why leaders can’t ignore employee engagement

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Most business leaders and owners are doing everything they can to reduce costs and increase profits. If you fall into this category, one factor you cannot afford to overlook is employee engagement. Why should you care about employee engagement? Because it directly impacts employee productivity and retention, as well as financial metrics like earnings per… Continue Reading Why leaders can’t ignore employee engagement

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