Stage appears set for Anschutz buying Gazette
He owns hotels, railroads, newspapers, sports teams, arenas, movie theaters and ticket brokers. He has interests in at least 150 companies. His family foundation, created in 1964, has more than $2 billion in assets. He gave $100 million to the University of Colorado Medical Campus, which was renamed to recognize his generosity. His net worth [...]
“Breakin’ rocks in the hot sun/I fought the law — and the law won.” — written by Sonny Curtis, performed by the Crickets, the Bobby Fuller Four, and the Clash. Ah, the good old days! When laws were laws, criminals were caught, and punishment was certain. Do we still fight the law? Or have the [...]
Continue reading …Last week’s media brouhaha over a nonexistent Steve Bach meltdown concerning Memorial Health System was mercifully short-lived. It endures only in the embarrassment of the perpetrators (a certain daily newspaper, unnamed to protect the guilty) and the greater embarrassment of those who were gulled by the scam (that would be yours truly). Thinking that Bach [...]
Continue reading …At the beginning of the week, Bloomberg’s website featured two stories. One noted the continuing fall of Facebook shares since the company’s initial public offering, when the investing public snapped up 421 million shares of the 8-year-old firm at $38 a share. At that price, the company was valued at 107 times trailing earnings, a [...]
Continue reading …It’s exciting to be back at CSBJ! I’ve missed writing about business during the past 18 months. In Colorado Springs, the biggest stories are at the nexus of politics, business and belief — religious or secular. Take the strange and scarcely believable saga of the Banning Lewis Ranch, which in 25 years has gone from [...]
Continue reading …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 …For those of us who delight in the political theater of the absurd, Nov. 2 was an unmitigated delight. Dan Maes! Tom Tancredo! The Ugly Three! Dick “it’s not my fault” Wadhams! Strong Mayor to be named later! And most of all, the bamboozled voters of El Paso County, who loosened term limits when they [...]
Continue reading …Ours is the most conservative city in Colorado, and one of the half-dozen most conservative cities in America. When Republicans win, whether by taking control of the legislature, occupying the governor’s mansion, or winning a seat in the U.S. Senate, we help put them there. A generic Republican candidate can expect at least a 65-35 [...]
Continue reading …Gold built and shaped Colorado Springs a century ago. The Mining Exchange Building, now on its way to becoming a luxury boutique hotel, was built to house what became the nation’s busiest stock exchange, eclipsing (for a time) New York in both share and dollar volume. More than 500 companies, most involved in gold mining, [...]
Continue reading …We’d guess that all of our readers, regardless of political affiliation, will have at least one reason to rejoice on Nov 3.
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