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Retail executives see glimmer of hope on economic horizon

Middle market retail executives don’t think much of the overall economic recovery – but they do expect their own companies to improve faster than the industry as a whole. That’s the word from the third annual retail finance outlook study released by the CIT Group Inc. While most retailers think business will improve, they are… Continue Reading Retail executives see glimmer of hope on economic horizon

Delta Air Lines 1Q loss grows to $318 million

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Delta Air Lines Inc. said Tuesday that raising fares should allow it to make up for the higher fuel prices that drove a $318 million loss in the first quarter. Airlines have been raising fares all year, as the price of fuel climbed. Delta’s fuel bill rose 29 percent, or $483 million, compared to a… Continue Reading Delta Air Lines 1Q loss grows to $318 million

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The forest green algae bubbling in a stainless steel fermenting tank in a suburban warehouse may look like primordial pond scum, but it is a promising new source of domestically produced fuels being tested on the nation’s jets and warships. In a laboratory just a few steps away from the warehouse, white-coated scientists for a… Continue Reading Military, gov’t increase investment in algae fuels

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City gains “greener” reputation

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Colorado Springs is again attracting national attention – this time not for its expanding military population or faith-based organizations, but for its ranking as the #6 city on SustainLane.com’s “Top Ten Alternative Fueled City Fleets.” The survey was conducted by SustainLane, a “people powered guide to sustainable living” Web site that tracks and promotes green… Continue Reading City gains “greener” reputation

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