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Construction spending tumbled in July to the lowest level in a decade, as the housing market struggles in the weak economy and without a popular home-buying tax credit.
Construction activity dropped 1 percent in July, the third straight monthly decline, the Commerce Department said Wednesday. Government revisions showed much weaker activity than previously reported for May [...] [...]

Focus on the Family will run statewide ads during Denver Broncos games for the first time this season.
The Colorado Springs-based family-counseling ministry attracted a lot of attention by running an ad during the Super Bowl featuring Tim Tebow, now a Broncos’ rookie quarterback.
There are no plans to include Tebow, an evangelical Christian, in the new [...] [...]

Colorado Democratic Sen. Michael Bennet successfully fended off a fierce primary challenge Tuesday, defeating rival Andrew Romanoff, who waged a relentless anti-establishment campaign. Weld County prosecutor Ken Buck, a tea party favorite, defeated former Lt. Gov. Jane Norton in the Republican primary.
Bennet, who was appointed last year to the Senate and had White House backing, [...] [...]

Democratic gubernatorial candidate John Hickenlooper is spending primary day in southern Colorado.
The Denver mayor isn’t facing an opponent, freeing him up to campaign Tuesday while other candidates are still trying to get last minute voters to turn in their ballots.
Hickenlooper plans to visit Pueblo, Canon City, Westcliffe and Salida, where he’ll tour a non-profit health [...] [...]

A company that lost an Oklahoma City mall to the federal government in foreclosure said it hired the new firm that’s managing The Citadel mall to save it from the same fate.
Midwest Mall Properties bought the two malls, along with Crossroads Mall in Oklahoma City, in December 2006 for about $400 million. By April 2009, [...] [...]
Personal income declined in 2009 in most of the nation’s metropolitan statistical areas, however Colorado Springs saw a slight increase, thanks to the military.
Colorado MSAs generally fared poorly, according to estimates released today by the U.S. Bureau of Economic Analysis.
Personal income declined by 6.7 percent in Grand Junction, 5.1 percent in Boulder, and 4.2 percent in [...] [...]

The Pikes Peak or Bust Rodeo reported its ticket sales were up 24 percent this year compared to last year.
“We saw over 27,000 people attend the rodeo this year,” said Rodeo Board President Rick Powell. “Final revenue numbers aren’t in yet, but attendance wise, this was our best year in the past 25 years.”
An estimated [...] [...]
by admin Published: July 29,2010
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Vail Resorts Inc. is shuffling leaders at its five resorts in Colorado and California.
The company said Thursday that Keystone Resort Chief Operating Officer Doug Lovell was named vice president and chief operating officer of Beaver Creek Resort, where he previously was director of mountain operations.
Breckenridge Resort director of skier services John Buhler was named vice [...] [...]
The Colorado Division of Securities filed charges against E*Trade Securities, alleging that the New York-based broker falsely represented auction rate securities.
The false representations that the securities were liquid, short-term investments gave Colorado investors a “false sense of security,” said Commissioner Fred Joseph.
In the complaint, the division alleges that E*Trade violated the Colorado Securities act by [...] [...]
by Rob Larimer Published: July 16,2010
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A host bar, hors d’ oeuvres and hundreds of people from the business community will be part of the Colorado Springs Business Journal’s Best Of Springs Business reception on July 22.
Business Journal readers have cast their votes for their favorite businesses once again, and this year, winners were chosen in 82 categories.
Winners will be announced during [...] [...]
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