Home foreclosure crisis may peak in 2011

NEW YORK – The bleakest year in the foreclosure crisis has only just begun. Lenders are poised to take back more homes this year than any other since the U.S. housing meltdown began in 2006. About...

DATE: Jan. 15, 2011 | CATEGORY: Business

New credit rules affect local purchases

New worldwide requirements designed to prevent credit card fraud mean La Plata Electric Association customers will not be able to speak to a person when paying their bills by phone.“Our members...

DATE: Jan. 15, 2011 | CATEGORY: Business

New Business Briefs

Deli, catering business opens Big Buster’s Deli and Catering announces its opening at 939 Colorado Highway 3.The business is open from 10 a.m. to 6 p.m. Monday to Saturday, and offers gourmet...

DATE: Jan. 15, 2011 | CATEGORY: Business

Business Briefs

Day care center moves to new location The Growing Place announces its new location at 2911 Junction St., Suite A.The business offers full- or part-time toddler care for children 12 to 36 months...

DATE: Jan. 15, 2011 | CATEGORY: Business

Europe’s good news lifts stocks

NEW YORK – Hopes that banks would start raising their dividends sent financial stocks sharply higher Wednesday. Indexes closed at their highest levels in more than two years after a successful bond...

DATE: Jan. 12, 2011 | CATEGORY: Business

Verizon to start selling iPhone on Feb. 10

NEW YORK – Verizon Wireless made the long-awaited announcement Tuesday that it will start selling a version of the iPhone 4 on Feb. 10, giving U.S. iPhone buyers a choice of carriers for the first...

DATE: Jan. 11, 2011 | CATEGORY: Business

Times sweet for chocolate factory

Many local businesses are continuing their struggle through the aftermath of the nation’s worst recession. But Durango’s only publicly traded company saw double-digit revenue growth last...

DATE: Jan. 11, 2011 | CATEGORY: Business

For the geek in all of us

LAS VEGAS – Gadgets revealed at the annual International Consumer Electronics Show in Las Vegas flop more often than they pop. This year’s show, however, delivered many products that are bound to...

DATE: Jan. 11, 2011 | CATEGORY: Business

Auto recovery pleases government official

DETROIT – An Obama administration official who oversaw the restructuring of the auto industry said Tuesday he was encouraged that U.S. automakers are returning to profitability despite tough...

DATE: Jan. 11, 2011 | CATEGORY: Business

Earnings reports push stocks up

NEW YORK – Strong profits from major retailers and an upgrade to Hewlett-Packard helped push stocks higher on Tuesday.Sears Holdings Corp. and Tiffany & Co. raised their earnings forecasts. Sears...

DATE: Jan. 11, 2011 | CATEGORY: Business

SmartMoney magazine revamps

NEW YORK –Today’s investors are bombarded with stock tips: from the Web, from “Mad Money” Jim Cramer – even from their cell phones. How does a monthly magazine keep pace? For SmartMoney, the answer...

DATE: Jan. 11, 2011 | CATEGORY: Business

Business Briefs

Durango Sports Club announces promotion The Durango Sports Club, 1600 Florida Road, announces that William McGarva has been promoted to general manager. McGarva attained a degree in exercise...

DATE: Jan. 11, 2011 | CATEGORY: Business

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