Japan crisis level up, stocks down

NEW YORK – The Dow Jones industrial average lost more than 100 points Tuesday after Japan raised the severity of its nuclear crisis and Alcoa Inc. reported disappointing sales. A drop in oil prices...

DATE: April 12, 2011 | CATEGORY: Business

Business Briefs

Local broker earns designation Edmund Andersson, broker/owner of RE/MAX Pinnacle in Durango, has earned the Certified Distressed Property Expert designation, having completed training in...

DATE: April 12, 2011 | CATEGORY: Business

Housing market: Is it better to own or rent?

After the steep drop in the housing market revealed cracks in the decades-held belief that there was minimal financial risk in owning a home, does it still make sense to buy a house?Making that...

DATE: April 9, 2011 | CATEGORY: Business

Oil prices hurt economy

WASHINGTON – Just when companies have finally stepped up hiring, rising oil prices are threatening to halt the U.S. economy’s gains.Some economists are scaling back their estimates for growth this...

DATE: April 9, 2011 | CATEGORY: Business

New Business

B4 Birth ultrasound opens on Main Ave. B4 Birth 4D Ultrasound Studios announces its opening at 1032 Main Ave., inside Kids Rock.The ultrasound clinic is owned by Kari McWhirter and Betty Helm....

DATE: April 9, 2011 | CATEGORY: Business

Business Briefs

Massage practice opens satellite office ARIA Therapeutics Medical Massage has opened a new satellite location at 1401 Main Ave., Suite A, with Integrated Physical Therapy.The Main Avenue clinic is...

DATE: April 9, 2011 | CATEGORY: Business

Housing tax credit haunts homebuilders

LOS ANGELES – The success of a housing tax credit that helped spur home sales is haunting homebuilders a year later.KB Home is the latest builder to report a sharp drop in home orders for the...

DATE: April 9, 2011 | CATEGORY: Business

Stock market wavers as shutdown looms

NEW YORK – A surge in oil and the threat of a government shutdown weighed on stocks Friday. Investors kept one eye on Washington, where Republicans and Democrats were in the final day of talks to...

DATE: April 8, 2011 | CATEGORY: Business

Retail sector adds jobs, but not always careers

Erin Abell left a job in finance to volunteer for John McCain’s presidential campaign in early 2008. She had hoped to return to the industry after the election, but by then Wall Street was on life...

DATE: April 5, 2011 | CATEGORY: Business

Iron Horse gets a face-lift

After years of tossing around the possibility of developing the property into affordable housing or a condominium development, the owners of the Iron Horse Inn have decided the longtime motel at...

DATE: April 5, 2011 | CATEGORY: Business

‘The market has bottomed out’

This year could be pivotal for would-be homebuyers who’ve been sitting on the fence, waiting for the right time to buy.That was the contention of Wells Group real estate executives last week during...

DATE: April 5, 2011 | CATEGORY: Business

Stocks end session mixed; materials companies rise

NEW YORK – A quiet day on Wall Street left stock indexes little changed after minutes from the most recent meeting of the Federal Reserve’s policy committee showed few signs that the central bank...

DATE: April 5, 2011 | CATEGORY: Business