Sears’ holiday profits down; more than 100 stores to close

NEW YORK – Sears Holdings Corp. plans to close between 100 and 120 Sears and Kmart stores after poor sales during the holidays, the most crucial time of year for retailers.The closings are the...

DATE: Dec. 27, 2011 | CATEGORY: Business

Stocks barely change in light holiday trading

NEW YORK – Mixed economic news and light trading led stocks to close barely changed Tuesday. Consumer confidence surged to an eight-month high, but home prices dropped in major cities. Sears...

DATE: Dec. 27, 2011 | CATEGORY: Business

Job outlook boosts faith in U.S. economy

NEW YORK – Americans are gaining faith that the economy is on the upswing.An improving job outlook helped the Consumer Confidence Index soar to the highest level since April and near a...

DATE: Dec. 27, 2011 | CATEGORY: Business

Natural gas may fuel car growth

NEW ORLEANS – The United States has record supplies of natural gas and plenty of reasons to promote natural-gas powered cars, but so far consumers, manufacturers and fuel suppliers haven’t shown...

DATE: Dec. 27, 2011 | CATEGORY: Business

Holidays entice an array of shoppers

Four types of American shoppers have altered the shopping landscape this holiday season.There’s the bargain hunter who times deals. The midnight buyer who stays up late for discounts. The returner...

DATE: Dec. 27, 2011 | CATEGORY: Business

Flagstaff microbrewery opens

FLAGSTAFF, Ariz. – For much of this year, thirsty residents waited patiently for the latest brewing addition in this northern Arizona gateway to the Grand Canyon. Mother Road Brewing expected to...

DATE: Dec. 24, 2011 | CATEGORY: Business

Coal plant closures cost tax revenue

For more than 90 years, the coal-fired power plant in Glen Lyn, Va., has been churning out electricity and contributing to local prosperity. Of late, it has generated nearly a quarter of the...

DATE: Dec. 24, 2011 | CATEGORY: Business

Durango’s job numbers up

Santa has more help this year to make today a merry occasion for thousands of La Plata County’s kids.According to the latest employment reports, more locals had work this holiday season than last...

DATE: Dec. 24, 2011 | CATEGORY: Business

Why are toys selling out? Might be mommy blog buzz

Emily Vanek is not buying up a bunch of LeapPad Explorers herself, but she may be at least partly to blame for some stores selling out of the $99 children’s tablet this holiday season.“The LeapPad...

DATE: Dec. 24, 2011 | CATEGORY: Business

Business Briefs

Energy-efficient motors workshop coming Jan. 5 La Plata Electric Association, USDA Rural Development and Tri-State Generation and Transmission will continue its Free Information Series with the...

DATE: Dec. 24, 2011 | CATEGORY: Business

Europe crisis is top 2011 business story

NEW YORK – Europe took the financial world on a stomach-churning ride in 2011.The rising threat of default by heavily indebted European countries spread fear across financial markets and weighed on...

DATE: Dec. 20, 2011 | CATEGORY: Business

Strong signals ahead

DENVER – The future of the U.S. Global Positioning System is taking shape in a vast white room south of Denver, where workers are piecing together the first of more than 30 satellites touted as the...

DATE: Dec. 20, 2011 | CATEGORY: Business

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