Business Briefs

Ad space available in Relocation Guide The Durango Chamber of Commerce is working on the 2011-12 Community Profile, the chamber’s relocation guide. The chamber has a limited number of advertising...

DATE: June 18, 2011 | CATEGORY: Business

Internet braces for ‘.Vegas’ and other not-coms

WASHINGTON – Coming soon to the Internet: website addresses that end in “.bank,” “.Vegas” and “.Canon.”The organization that oversees the Internet address system is preparing to open the floodgates...

DATE: June 18, 2011 | CATEGORY: Business

Put a cork in Internet bubble talk – for now

SAN FRANCISCO – It’s starting to feel like a 1999 flashback. Internet companies – some of them profitable, some not – sense a golden opportunity and are lining up to go public this year.But here’s...

DATE: June 18, 2011 | CATEGORY: Business

Stocks close mixed despite upbeat economic reports

NEW YORK – Stocks closed mixed Thursday after better-than-expected reports on home building and jobs. The Dow Jones industrial average rose 64 points, or 0.5 percent, to close at 11,962. The Dow...

DATE: June 16, 2011 | CATEGORY: Business

For U.S. economy, there’s no time like – time?

WASHINGTON – The best cure for the economy now is time.That’s the overwhelming opinion of leading economists in a new Associated Press survey. They say the Federal Reserve shouldn’t bother trying...

DATE: June 14, 2011 | CATEGORY: Business

Jump-starting summer

Summer always will be the annual peak for dollars, people and events that fill Durango’s streets, but special events in town during the spring “preseason” have reason to brag as well this year with...

DATE: June 14, 2011 | CATEGORY: Business

Wall Street reverses lackluster two weeks

NEW YORK – A better-than-expected retail sales report reversed a two-week slump in the stock market Tuesday, sending indexes higher for only the third day this month.The Dow Jones industrial...

DATE: June 14, 2011 | CATEGORY: Business

South Texas enjoys boom from oil fracking

COTULLA, Texas – Bill Cotulla’s hand rests on the handle of his great-grandfather’s cane, his gravelly voice recounting the changes in the small town his ancestor founded and named for himself...

DATE: June 14, 2011 | CATEGORY: Business

Business Briefs

Tax seminar to be held for nonprofits, donors A “Nonprofit Taxation: Not an Oxymoron!” seminar will be held from 8:30 to 11 a.m. June 28 at the Durango Public Library, 1900 East Third Ave.This is a...

DATE: June 14, 2011 | CATEGORY: Business

Government faults 3 lenders for mortgage-aid efforts

WASHINGTON – The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they’ve done little to help people at risk...

DATE: June 11, 2011 | CATEGORY: Business

Equity in U.S. homes near a record low

WASHINGTON – Falling real estate prices are eating away at home equity.The percentage of their homes that Americans own is near its lowest point since World War II, the Federal Reserve said...

DATE: June 11, 2011 | CATEGORY: Business

Gold or greenery?

DELTA 1, Peru – A gold rush that accelerated with the onset of the 2008 global recession is compounding the woes of the Amazon basin, laying waste to Peruvian rain forest and spilling tons of toxic...

DATE: June 11, 2011 | CATEGORY: Business

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