Report: Lender buys its influence

WASHINGTON – The former Countrywide Financial Corp., whose subprime loans helped start the nation’s foreclosure crisis, made hundreds of discount loans to buy influence with members of Congress,...

DATE: July 7, 2012 | CATEGORY: Business

Virginia’s Steakhouse revived

An old jukebox sits just inside the entrance to Virginia’s Steakhouse. Mounted deer heads hang on the walls, and photos show the restaurant from the 1970s looking much the same as it does now.The...

DATE: July 7, 2012 | CATEGORY: Business

Pay more for dairy products – save farmers

MONTPELIER, Vt. – Consumers will pay a little more for coffee and chocolate to ensure the farmers who produce those foods get a fair wage, so why not ask them to pay more for milk?That is the...

DATE: July 7, 2012 | CATEGORY: Business

Business Briefs

Durango agent receives recognition Tommy Tucker, an American Family Insurance agent in Durango, has been recognized for providing outstanding customer experience under the J.D. Power and...

DATE: July 7, 2012 | CATEGORY: Business

Mercury CEO wins tech honors

Mercury Payment System’s CEO Matt Taylor has been named Ernst & Young’s 2012 Entrepreneur of the Year winner for the technology category in the Mountain Desert Region.“It is extremely exciting, to...

DATE: July 3, 2012 | CATEGORY: Business

Algorithm touted as crime predictor

LOS ANGELES – Los Angeles police are aiming to beat suspects to the scene of a crime by using computer software to predict where trouble might occur.The Los Angeles Police Department is the largest...

DATE: July 3, 2012 | CATEGORY: Business

Shell looks for approval as Arctic plan goes ahead

ANCHORAGE, Alaska – In choppy water under blue sky off Bellingham, Wash., a Shell Oil crew on Monday lowered a “capping stack” 200 feet in the water and put it through maneuvers with underwater...

DATE: July 3, 2012 | CATEGORY: Business

Oil prices drive stock rise

NEW YORK – Stocks climbed Tuesday in an abbreviated holiday trading session after an encouraging report about manufacturing. Energy stocks rose the most because of increased tension over oil-rich...

DATE: July 3, 2012 | CATEGORY: Business

Business Briefs

Durango cycling business announces new mechanic Mountain Bike Specialists announces Brian Bluemle has been hired as a mechanic.Bluemle has experience in the bicycle industry, he trained at USA...

DATE: July 3, 2012 | CATEGORY: Business

Owners to forfeit health insurance?

NEW YORK – A big worry for small businesses that were against the Obama administration’s health-care law was that it would increase their costs. But now that the Supreme Court has upheld it, some...

DATE: June 30, 2012 | CATEGORY: Business

Neb. thrift store caters to tribe

WHITECLAY, Neb. – In a tiny Nebraska border town that has become known more for alcohol than anything else, KC Willis is hoping to change perceptions.Willis has opened LightShine Thrift Store in...

DATE: June 30, 2012 | CATEGORY: Business

Up in smoke?

RICHMOND, Va. Sometimes, a cigar isn’t just a cigar.From large hand-rolled cigars and smaller machine-made cigars to little cigars that are similar in size to cigarettes, there are nearly as many...

DATE: June 30, 2012 | CATEGORY: Business

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