Banking deals boost indexes

NEW YORK – Financial companies led stock indexes to new two-year highs Tuesday after another big banking deal raised hopes that more acquisitions could be on the way.Toronto-Dominion Bank said it...

DATE: Dec. 21, 2010 | CATEGORY: Business

Merchant debit fees may soon see cap

NEW YORK – The Federal Reserve has proposed a 12-cent cap on the fees banks would be allowed to charge merchants for debit card transactions, a limit some estimated could cut up to 90 percent of...

DATE: Dec. 18, 2010 | CATEGORY: Business

Business Briefs

Window display contest winners These businesses are the winners of the 2010 Holidazzle Holiday Window Display Competition: Affordable Framing, Animas Trading Co., April’s Garden, Beads and Beyond,...

DATE: Dec. 18, 2010 | CATEGORY: Business

Drop in jobless claims helps send stocks higher

NEW YORK – A small drop in unemployment claims and a higher profit forecast by FedEx Corp. helped push stocks to two-year highs Thursday.The Labor Department said first-time claims for unemployment...

DATE: Dec. 16, 2010 | CATEGORY: Business

Google faces big challenges in Europe

PARIS – France’s competition regulator has found “possible” abuses by Google Inc. in its online advertising practices because of its dominant market position, in a study released Tuesday that could...

DATE: Dec. 14, 2010 | CATEGORY: Business

Business Briefs

Chamber announces finalists for awards The Durango Chamber of Commerce has announced finalists who will be honored at its Jan. 20, 2011, annual awards ceremony at the Community Concert Hall at Fort...

DATE: Dec. 14, 2010 | CATEGORY: Business

All that glitters is not gold

Pawn shops and jewelers said the effects of rising gold prices have made their imprint in Durango, with more customers looking to sell old gold jewelry and fewer buying the new stuff.Gold prices...

DATE: Dec. 14, 2010 | CATEGORY: Business

Stocks end mixed ahead of Senate vote on tax deal

NEW YORK – Stocks ended flat Monday after expectations that a tax-cut package will pass the Senate kept them higher for much of the day.The tax-cut compromise brokered by the White House and...

DATE: Dec. 13, 2010 | CATEGORY: Business

Mortgage rates push higher to 4.61 percent

NEW YORK – Rates on fixed mortgages rose for the consecutive week last week. The surge could slow refinancings and further hamper the housing market.Freddie Mac said Thursday that the average rates...

DATE: Dec. 11, 2010 | CATEGORY: Business

Holiday gifts for $50 or less

If you haven’t already shopped big and early for the holidays, retailers are offering deep discounts and perks like free shipping as they duke it out for every cent you’ve got.Buying smart in this...

DATE: Dec. 11, 2010 | CATEGORY: Business

iPhone buying sprees

NEW YORK – “The Smurfs’ Village,” a game for the iPhone and other Apple gadgets, was released a month ago and quickly became the highest-grossing application in the iTunes store. Yet it’s free to...

DATE: Dec. 11, 2010 | CATEGORY: Business

P&G moves from soap operas to tweets

CINCINNATI – Goodbye, “Guiding Light.” Hello, YouTube.Procter & Gamble Co., whose sponsorship and production of daytime TV dramas helped coin the term “soap operas,” has pulled the plug after 77...

DATE: Dec. 11, 2010 | CATEGORY: Business

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