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“Many options” await USA Basketball

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This week’s news that USA Basketball will not move to Glendale, Ariz. leaves the door open for new possibilities, including staying put. Spokesman Craig Miller said that the national sports governing body has owned its Colorado Springs headquarters building at 5465 Mark Dabling Blvd. since 1993. “We can accomplish much of what we need here, [...]

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In 2008 USA Basketball officials announced that the organization planned to leave Colorado Springs for a new headquarters near the University of Phoenix stadium in Glendale, Ariz. Today, the plans are the equivalent of an air ball. The project was scheduled to be completed this year, but ground has not been broken  because the developer [...]

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Combat Training Solutions to expand, hire

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Thanks to a new government contract, Springs based-Combat Training Solutions will be able to expand and hire more people. The company will join a small group of design and manufacturing companies that will compete for a $390 million contract, said Tony Colon, president of the company. That competition will allow them to hire more people [...]

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Construction industry begins to recover jobs

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Construction employment expanded in 56 out of 337 metropolitan areas between August 2009 and August 2010 according to a new analysis of federal employment data released this week by the Associated General Contractors of America. More cities added construction jobs during the past year than at any point since September 2008, indicating that the worst [...]

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Warrior Games returning to Springs in 2011

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The U.S. Women’s Open won’t be the only prestigious athletic event hosted by the city in 2011. The U.S. Olympic Committee, the Department of Defense and the United Service Organizations announced that the Warrior Games will return to Colorado Springs in 2011. The competition, which is a joint effort between the USOC and the Department [...]

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First American Title launches new division

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First American Title Insurance Co. has launched a new Mortgage Services division. The move consolidates two existing divisions: National Lenders Advantage and Equity Loan Services. The company has an office in Colorado Springs at 6005 Delmonico Drive. The consolidated program will offer title insurance, settlement and valuation or appraisal services to residential loan originators. First [...]

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Lockheed Martin early buyout attracts 600

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About 600 top executives with Lockheed Martin Corp. have accepted the company’s early buyout program offer. Those qualifying must leave the company by Feb. 1. Their departure represents about 25 percent of Bethesda, Md.-based Lockheed’s total number of executive level employees. Lockheed did not break down numbers by division or location. Approximately 2,000 people work [...]

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Que sera, sera Whatever will be, will be The future’s not ours to see Que sera, sera — Doris Day, 1956 This is not a city that has ever taken Doris Day’s advice, so poignantly expressed in the saccharine little song that cluttered the airwaves half a century ago. We see ourselves as captains of [...]

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Springs unemployment jumps to 8.8 percent

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Colorado Springs unemployment rates rose to 8.8 percent, higher than the state average and the local level in more than a year. Job growth statewide was down from a year ago, as well – only 1,900 jobs were created in July, significantly lower than the 25,200 jobs created during the same period in 2009. July [...]

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Springs home values appreciate

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Colorado Springs home prices, including distressed sales, increased by 2.73 percent in June 2010 compared to June 2009, according to the CoreLogic Home Price Index released today. The result is still less than CoreLogic’s May’s year-over-year HPI, which coincided with the expiration of the Home Buyer Tax Credit was 3.64 percent .  Excluding distressed transactions, year-over-year HPI [...]

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