Denver firm buys San Juan Basin oil wells

Encana Corp. announced Monday it has reached an agreement to sell its San Juan Basin assets, located in northern New Mexico, for $480 million to Denver-based DJR Energy. DJR Energy currently...

DATE: Oct. 1, 2018 | CATEGORY: Business

Animas High graduate uses biology to predict stock prices

Professionals on Wall Street are highly paid to predict where stocks and stock markets are headed. The most prescient, think Warren Buffet, are billionaires. Izzy Simpson, 18, who graduated last...

DATE: Sept. 30, 2018 | CATEGORY: Business

Rest assured

TAMARAC, Fla. – Waterbeds still elicit a wink, wink, nudge, nudge whenever they come up in conversation – but two pioneers of the industry in the United States are hoping to generate a new wave of...

DATE: Sept. 28, 2018 | CATEGORY: Business

Today’s active-adult communities are stepping up their games

NEW YORK – Remember the scene in “It’s a Wonderful Life,” when the retractable floor over the gym swimming pool slides open during a dance? Residents at Trilogy at Tehaleh, an active-adult...

DATE: Sept. 28, 2018 | CATEGORY: Business

Starbucks planning ‘significant changes’

Starbucks is planning an organizational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest....

DATE: Sept. 28, 2018 | CATEGORY: Business

Muscle cramps

DETROIT – Sales of new American muscle cars are falling, raising questions in Detroit and elsewhere about whether a nostalgic, high-horsepower cruising culture that dates to before the 1950s is in...

DATE: Sept. 28, 2018 | CATEGORY: Business

CEO’s plan to save Sears would hand his hedge fund $1 billion

Eddie Lampert’s hedge fund has a new plan for cutting Sears debt. The main beneficiary would once again be Eddie Lampert’s hedge fund. Lampert, Sears Holdings Corp.’s chief executive officer,...

DATE: Sept. 28, 2018 | CATEGORY: Business

Bed Bath & Beyond nosedives after cutting forecasts

NEW YORK – Bed Bath & Beyond’s stock plunged to its lowest price in 18 years after the home goods store chain posted weak results in the second quarter and cut its forecasts for the rest of the...

DATE: Sept. 28, 2018 | CATEGORY: Business

Arby’s parent to buy Sonic for $2.3 billion

The restaurant industry has to contend with a new giant. The parent of Arby’s, Inspire Brands Inc., announced on Tuesday that it had agreed to acquire Sonic Corp. in a deal valued at about $2.3...

DATE: Sept. 28, 2018 | CATEGORY: Business

Mortgage rates soar to 7-year highs

NEW YORK – Five consecutive weeks of increases pushed mortgage rates to their highest level since April 2011. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate...

DATE: Sept. 28, 2018 | CATEGORY: Business

Region 9 to receive USDA loan and grant funds

The Region 9 Economic Development District of SouthWest Colorado, Inc. has been approved for a Rural Microentrepreneur Assistance Program loan and grant through USDA Rural Development. This funding...

DATE: Sept. 28, 2018 | CATEGORY: Business

Maria’s Bookshop hires 2 booksellers

Maria’s Bookshop has hired two new employees. Nancy Krauss will be a new bookseller. Previously, she owned a pet-boarding business in Blowing Rock, North Carolina. She also worked in real estate...

DATE: Sept. 28, 2018 | CATEGORY: Business

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