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Special series: Solutions to youth suicide in La Plata County

Starbucks planning ‘significant changes’

Starbucks is planning an organizational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest....

DATE: Sept. 28, 2018 | CATEGORY: Business

Muscle cramps

DETROIT – Sales of new American muscle cars are falling, raising questions in Detroit and elsewhere about whether a nostalgic, high-horsepower cruising culture that dates to before the 1950s is in...

DATE: Sept. 28, 2018 | CATEGORY: Business

CEO’s plan to save Sears would hand his hedge fund $1 billion

Eddie Lampert’s hedge fund has a new plan for cutting Sears debt. The main beneficiary would once again be Eddie Lampert’s hedge fund. Lampert, Sears Holdings Corp.’s chief executive officer,...

DATE: Sept. 28, 2018 | CATEGORY: Business

Bed Bath & Beyond nosedives after cutting forecasts

NEW YORK – Bed Bath & Beyond’s stock plunged to its lowest price in 18 years after the home goods store chain posted weak results in the second quarter and cut its forecasts for the rest of the...

DATE: Sept. 28, 2018 | CATEGORY: Business

Arby’s parent to buy Sonic for $2.3 billion

The restaurant industry has to contend with a new giant. The parent of Arby’s, Inspire Brands Inc., announced on Tuesday that it had agreed to acquire Sonic Corp. in a deal valued at about $2.3...

DATE: Sept. 28, 2018 | CATEGORY: Business

Mortgage rates soar to 7-year highs

NEW YORK – Five consecutive weeks of increases pushed mortgage rates to their highest level since April 2011. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate...

DATE: Sept. 28, 2018 | CATEGORY: Business

Region 9 to receive USDA loan and grant funds

The Region 9 Economic Development District of SouthWest Colorado, Inc. has been approved for a Rural Microentrepreneur Assistance Program loan and grant through USDA Rural Development. This funding...

DATE: Sept. 28, 2018 | CATEGORY: Business

Maria’s Bookshop hires 2 booksellers

Maria’s Bookshop has hired two new employees. Nancy Krauss will be a new bookseller. Previously, she owned a pet-boarding business in Blowing Rock, North Carolina. She also worked in real estate...

DATE: Sept. 28, 2018 | CATEGORY: Business

LPEA hires a new lineman

Journeyman Lineman Eddie Quintana has joined the La Plata Electric Association in the Operations Department. He brings years of experience to the co-op. In the electric utility industry, linemen...

DATE: Sept. 28, 2018 | CATEGORY: Business

HomesFund hosts upcoming home-buying classes

The HomesFund will be holding two home-buyer education classes in October. The first is Thursday, Oct. 4, in the Bayfield Town Hall building, and the second is on Saturday, Oct. 13, in Sittner...

DATE: Sept. 28, 2018 | CATEGORY: Business

Small business group names 2018 ‘State Star’

The Colorado Small Business Development Center Network (SBDC) selected Mary Shepherd as the 2018 State Star. Shepherd serves as the executive director of the Southwest Colorado SBDC, hosted at...

DATE: Sept. 28, 2018 | CATEGORY: Business

Absolute Physical Therapy turns 2

Absolute Physical Therapy & Wellness will mark its two-year anniversary from 4 to 6 p.m. Thursday, Nov. 8, at its clinic, 277 East Eighth Ave. in Durango.

DATE: Sept. 28, 2018 | CATEGORY: Business

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