Deficit biggest share of economy since 1945

WASHINGTON – Not since World War II has the federal budget deficit made up such a big chunk of the U.S. economy. And within two or three years, economists fear the result could be sharply higher...

DATE: Feb. 15, 2011 | CATEGORY: Business

Surprisingly weak retail sales force stocks down

NEW YORK – A surprisingly weak retail sales report drove stocks lower Tuesday, giving the Dow Jones industrial average its second consecutive day of losses.The Commerce Department said Tuesday that...

DATE: Feb. 15, 2011 | CATEGORY: Business

Business Briefs

Polished Salon announces new hire Polished Salon, 444 E. College Drive, announces the addition of Scott Eggertsen to its staff.Eggertsen has been working with hair since 1980. The full-service...

DATE: Feb. 15, 2011 | CATEGORY: Business

Ice cream, chocolate a sweet pair

Negative press surrounding Rocky Mountain Chocolate Factory’s newest partner shouldn’t affect the chocolatier or its investors, a company chief said this week.“I don’t think there’s a concern about...

DATE: Feb. 12, 2011 | CATEGORY: Business

Vail resorts try to fulfill green hopes

EAGLE COUNTY (AP) – When people go to a ski resort, there’s an expectation of environmental friendliness.Vail and Beaver Creek resorts know guests have that expectation and want to deliver – plus,...

DATE: Feb. 12, 2011 | CATEGORY: Business

Community bank sees changing of the guard

First National Bank of Durango’s new president and CEO said he won’t be changing much at the bank that, unlike many of its larger counterparts, has managed to weather the financial crisis without...

DATE: Feb. 12, 2011 | CATEGORY: Business

Business Briefs

Polished Saloon announces new hire Polished Saloon, 444 E. College Drive, has added Scott Eggertsen to its staff.Eggert-sen has been working with hair since 1980. The full-service salon specializes...

DATE: Feb. 12, 2011 | CATEGORY: Business

Coworking space redefines the office

Cubicles, permanent offices and a strict no-talking rule are a few of the things you won’t find at Durango’s first coworking facility, DurangoSpace. Instead, the space has conference rooms, big...

DATE: Feb. 8, 2011 | CATEGORY: Business

Layoffs become rarer even with unemployment high

WASHINGTON – The U.S. labor force has been split into two groups: the relieved and the desperate.If you have a job, you can exhale; you’re less likely to lose it than at any point in at least 14...

DATE: Feb. 8, 2011 | CATEGORY: Business

Does organic mean outdoor?

CHAMPAIGN, Ill. – When the doors to the hen house open, the 14,000 chickens on Edwin Blosser’s organic egg farm make a mad dash for the pasture outside, where they can scratch and peck in the...

DATE: Feb. 8, 2011 | CATEGORY: Business

Business Briefs

Nature’s Oasis announces events Nature’s Oasis, 300 S. Camino del Rio, will hold these events:b Blood drive for the United Way Blood Services will be held from 11 a.m. to 2 p.m. Saturday.b...

DATE: Feb. 8, 2011 | CATEGORY: Business

Dow closes higher for the seventh straight day

NEW YORK – The Dow Jones industrial average closed higher for the seventh consecutive day Tuesday. That’s the longest series of gains for the index since July.McDonald’s Corp. was the biggest...

DATE: Feb. 8, 2011 | CATEGORY: Business