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The Justice Department says Capital One has agreed to pay $12 million to resolve allegations the bank violated special protections in federal law for members of the military. The government says Capital One wrongfully foreclosed on some homes and improperly repossessed some cars. In addition, the government says the bank obtained wrongful court judgments against… Continue Reading Capitol One to pay $12M in case on servicemen

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Colorado Springs should prepare for a round of base realignment and closure by 2015, said Brian Binn, president of military affairs for the Greater Colorado Springs Chamber and EDC. The Department of Defense suggested two rounds of BRAC, one to start next year. But that isn’t likely. However, Binn said a round suggested for 2015… Continue Reading Chamber report: Springs’ military adds $5.93 billion to economy

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The Department of Defense released a mobile app that will help service members adjust to life at home after returning from combat deployments. The app, called the Positive Activity jackpot, was developed by the national Center for Telehealth and Technology. It uses augmented reality with a smartphone GPS to help find nearby activities and diversions… Continue Reading Depressed after deployment? There’s an app for that.

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Intelligent Software Solutions, based in Colorado Springs, announced the release of its next generation suite of command and control solutions programs — C2Core. The software provides strategy, planning, execution and assessment capabilities, according to a release from the company. C2Core software is the foundation for several mission-critical solutions. The company’s software is used in military… Continue Reading CS military software company releases new suite of programs

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Thousands of U.S. troops decide to stay in Colorado Springs when they leave the military, and the franchise industry sees that as a big opportunity. Continue Reading Franchising a natural fit for Springs’ military veterans

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When the real estate market crashed in 2008 and 2009, Realtor Mike Mazzola knew it was time to try something different. Continue Reading Outdoor-gear sales fulfill military need, sense of purpose

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El Paso County’s economy relies heavily on the military for its job creation, housing growth and increases in personal income. That could mean trouble in the coming year if a 12-member “super committee” decides to cut billions from the federal budget, including defense spending over the next 10 years. “That ‘gang’ of 12 could have… Continue Reading SoCo Economic Forum Preview: County relies too heavily on military

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A Cold War-era bunker deep inside a Colorado mountain has lost its most famous tenant, the North American Aerospace Defense Command’s command center, but it’s still home to some key national defense units. One of the units remaining inside Cheyenne Mountain in Colorado Springs, the Missile Warning Center, just got a $2.9 million renovation. The… Continue Reading Military’s Colo. mountain bunker gets a facelift

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Sassower’s military critique baseless

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I am in general agreement with Raphael Sassower’s recent opinion piece on “looking outside the military for a brand,” but his gratuitous comments about retired military people demand a response. He said (without any substantiation) that retired military people in our community “don’t like taxes because their kids are no longer of school age.” A… Continue Reading Sassower’s military critique baseless

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Let’s look outside the military for brand

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We all have strengths and weaknesses, and we all try to capitalize on our strengths. Colorado Springs has plenty of strengths, but I’m not sure we’re capitalizing on the right ones. City officials and economic development gurus in our town have for years clamored to attract and promote military installations and their subcontractors after realizing… Continue Reading Let’s look outside the military for brand

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