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Stocks recover after weak jobs report

NEW YORK – Stocks staged a late afternoon rally after spending most of the day weighed down by an unexpected rise in the unemployment rate. Indexes wound up closing higher for the third consecutive...

DATE: Dec. 3, 2010 | CATEGORY: Business

Stocks rise sharply on signs of economic growth, job gains

NEW YORK – Stocks started December with a jump. The Dow Jones industrial average rose 249 points Wednesday, its biggest one-day gain since Sept. 1 and the sixth largest this year.An encouraging...

DATE: Dec. 1, 2010 | CATEGORY: Business

Sales-tax revenue not up to par

City and county officials were banking on a 1.5 percent increase in sales-tax revenue when they made initial 2011 budget plans. Now, they aren’t sure their predictions will hold.The potential...

DATE: Nov. 30, 2010 | CATEGORY: Business

Home prices falling faster in most metropolitan areas

NEW YORK – Millions of foreclosures and weak demand from buyers are forcing home prices down in most major U.S. cities.Prices are falling even in places like San Francisco and San Diego, which had...

DATE: Nov. 30, 2010 | CATEGORY: Business

Stocks decrease as euro concerns continue

NEW YORK – Stocks ended November on a down note Tuesday, notching their first monthly losses since August.The Dow Jones industrial average lost 46 points. It had been down as many as 110 points...

DATE: Nov. 30, 2010 | CATEGORY: Business

Drillers may have to disclose chemicals

WASHINGTON – The Obama administration may require companies drilling for natural gas on public lands to disclose the chemicals being used in a technique called hydraulic fracturing.Officials are...

DATE: Nov. 30, 2010 | CATEGORY: Business

Business Briefs

First National Bank announces changes First National Bank of Durango announces that Steve Short has been elected by the board of directors to serve as chairman of the board, effective today.Short...

DATE: Nov. 30, 2010 | CATEGORY: Business

Sledworks vs. Silverton

Earlier this month, Mountain Boy Sledworks announced that the company will no longer be selling its nationally recognized handcrafted wood sleds in its hometown of Silverton. Mountain Boy owner...

DATE: Nov. 27, 2010 | CATEGORY: Business

Utah leaps ahead with deluxe ski area lodging

PARK CITY, Utah – When David Johndrow was looking to buy a hotel suite for use as a winter home in Park City, Utah, he had his pick of new luxury lodging: Montage Deer Valley, the St. Regis Deer...

DATE: Nov. 27, 2010 | CATEGORY: Business

New Business Brief

Holistic healing center opens White Wolf Enterprise, which hosts Howling Down the Moon Holistic Healing Center, announces its opening at 2053 Main Ave., Unit B.Owner April Lugo is an international...

DATE: Nov. 27, 2010 | CATEGORY: Business

Business Briefs

Speed pampering to be held Friday The first-ever “Speed Pampering” event to benefit the Women’s Resource Center will be held from 6 to 9 p.m. Friday at Coldwell Banker/Heritage House Realtors, on...

DATE: Nov. 27, 2010 | CATEGORY: Business

Stocks up on positive economic data

NEW YORK – Stocks ended Wednesday on a positive note after a batch of economic reports offered hope that the U.S. economy was improving.Incomes rose last month and consumer spending climbed for a...

DATE: Nov. 24, 2010 | CATEGORY: Business

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