Economy grew 2% in third quarter

WASHINGTON – The U.S. economy grew more slowly over the summer than the government had earlier estimated because businesses cut back more sharply on restocking shelves.The Commerce Department said...

DATE: Nov. 22, 2011 | CATEGORY: Business

Thanksgiving cost can mean less turkey, travel for many

Some are holding potluck dinners instead of springing for the entire feast. Others are staying home rather than flying. And a few are skipping turkey altogether.On this the fourth Thanksgiving...

DATE: Nov. 22, 2011 | CATEGORY: Business

Downtown Durango retailers vie for Black Friday shoppers

Millions of people will roust themselves from their turkey-induced slumbers at the crack of dawn Friday to take advantage of deals and discounts offered in ads everywhere for the biggest shopping...

DATE: Nov. 22, 2011 | CATEGORY: Business

Stocks slide as government lowers growth estimates

NEW YORK – A downward revision of U.S. economic growth in the third quarter sent stocks lower Tuesday. Higher borrowing costs for Spain also renewed worries about Europe’s debt crisis. The Commerce...

DATE: Nov. 22, 2011 | CATEGORY: Business

Debit fees draw lawsuit

NEW YORK – A coalition of retail groups sued the Federal Reserve on Tuesday, claiming the regulator ignored the law by setting too high a cap on the fees that banks can charge merchants for...

DATE: Nov. 22, 2011 | CATEGORY: Business

Gates back on stand in Utah in $1B trial

SALT LAKE CITY – Microsoft’s Bill Gates insisted that changes to Windows 95 that undermined a rival word processor were meant to protect the Windows operating system from crashing and not to hurt a...

DATE: Nov. 22, 2011 | CATEGORY: Business

New Business Brief

River Café at Rivergate announces its opening The River Café at Rivergate announces its opening at 555 Rivergate Lane No. B1-108.The business is owned by Jennifer L. Rivas, who has more than 20...

DATE: Nov. 22, 2011 | CATEGORY: Business

Business Briefs

Nonprofit workshop to be held Dec. 1 Rural Philanthropy Days of Southwest Colorado will present “Lemons to Lemonade …Strategies for Managing Nonprofit Challenges” from 9 a.m. to noon Dec. 1 at...

DATE: Nov. 22, 2011 | CATEGORY: Business

U.S. homebuilders feel less pessimistic in Nov.

WASHINGTON – U.S. homebuilders are feeling a little less pessimistic about the struggling housing market. But their mood hasn’t changed enough to signal a recovery anytime soon.The National...

DATE: Nov. 19, 2011 | CATEGORY: Business

Business Briefs

QuickBooks workshop to be held Nov. 30 The Small Business Development Center at Fort Lewis College and the Durango Chamber of Commerce will sponsor “An Introduction to QuickBooks” workshop from 1...

DATE: Nov. 19, 2011 | CATEGORY: Business

The next killer app?

Chip Lile sat in the dark El Rancho Tavern as the glimmer of three TV screens flickered silently behind him. On the table were spread just a few of his testing devices: an iPhone, an Android...

DATE: Nov. 19, 2011 | CATEGORY: Business

Oil estimate in northern Colo. pumps up jobs

A dramatic increase in estimated oil in Colorado’s northern Front Range is likely to produce at least $50 million a year in new severance taxes for budget-strapped state and local governments.While...

DATE: Nov. 19, 2011 | CATEGORY: Business

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