U.S. manufacturing output rose more than forecast in December

Production at U.S. manufacturers increased in December by more than projected, marking an eighth-consecutive month of gains as steady yet more moderate demand growth and lean inventories continue...

DATE: Jan. 15, 2021 | CATEGORY: Business

U.S. retail sales fell in December for 3rd straight month

NEW YORK – Americans cut back on spending in December for the third-consecutive month as a surge in virus cases kept people away from stores during the critical holiday shopping season. The U.S....

DATE: Jan. 15, 2021 | CATEGORY: Business

LPEA offering college scholarships

La Plata Electric Association is accepting applications for nine college scholarships for graduating high school seniors, including GED graduates, in its service territory. Scholarships range from...

DATE: Jan. 15, 2021 | CATEGORY: Business

Local First administers relief funds

La Plata County is partnering with Local First to administer funds from the Small Business Relief Program created by the Colorado General Assembly in its Special Session in late 2020. The Small...

DATE: Jan. 15, 2021 | CATEGORY: Business

New Mexico agency settles with oil company in well case

SANTA FE – An oil company operating in northwestern New Mexico has agreed to pay a $25,000 civil penalty as part of a settlement. The Energy, Minerals and Natural Resources Department said Tuesday...

DATE: Jan. 13, 2021 | CATEGORY: Business

High court weighs compensation for business restrictions

SANTA FE – The New Mexico Supreme Court heard oral arguments Wednesday as it weighs whether the state must compensate businesses for losses due to temporary closures and other pandemic-related...

DATE: Jan. 13, 2021 | CATEGORY: Business

Annual Colorado pot sales surpass $2 billion for first time

DENVER – Marijuana sales in Colorado in November pushed the industry’s annual revenue over $2 billion for the first time since cannabis was legalized for recreational use by a 2012 ballot measure....

DATE: Jan. 13, 2021 | CATEGORY: Business

Ska Fab purchased by private equity firm

Ska Fab, the company started by Durango microbrewer Matt Vincent, a partner in Ska Brewing, and Durango machinist Dan Morris to meet the manufacturing needs of craft brewers, has been purchased by...

DATE: Jan. 10, 2021 | CATEGORY: Business

New Mexico utilities look ahead to renewable energy mandates

ALBUQUERQUE – A solar project meant to provide 10% of Gallup’s electricity for the next two decades is falling short of expectations, highlighting just one of the challenges as investor-owned...

DATE: Jan. 8, 2021 | CATEGORY: Business

Promise of vaccines boosts optimism of Colorado business leaders for 2021

Colorado business leaders are optimistic economic conditions will improve later in the year — but remain relatively downbeat on near-term prospects, according to a quarterly survey by researchers...

DATE: Jan. 8, 2021 | CATEGORY: Business

Unemployed Colorado residents may wait weeks for more aid

FORT COLLINS – It could take up to four weeks for Colorado to begin distributing new federal unemployment benefits, officials said, but it could be sooner because the state is updating its computer...

DATE: Jan. 6, 2021 | CATEGORY: Business

Alpine Bank, First Southwest Bank provides equity investment loans

Alpine Bank and First Southwest Bank have provided equity investment loans, referred to as EQ2 loans to HomesFund,a Durango-based certified CDFI that provides educational and financial tools to...

DATE: Jan. 6, 2021 | CATEGORY: Business

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