Stocks fall as worries about European debt return

NEW YORK – Stocks closed lower Tuesday after new worries about Europe’s debt problems. Treasury prices rose, and gold settled at a new high as investors sought out safe assets.U.S. stocks followed...

DATE: Sept. 7, 2010 | CATEGORY: Business

HP sues ex-CEO over new job

SAN FRANCISCO – Hewlett-Packard Co. is suing the chief executive it ousted last month, Mark Hurd, to stop him from taking a top job at rival Oracle Corp.The lawsuit, filed Tuesday in a California...

DATE: Sept. 7, 2010 | CATEGORY: Business

Discounts spur unexpected gains in retail sales

NEW YORK – This year’s back-to-school season isn’t as big a bust for retailers as they feared – or as last year’s – but it’s not great either.Americans are spending only when the item and price are...

DATE: Sept. 2, 2010 | CATEGORY: Business

Homes, jobs boost stocks

NEW YORK – Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the economy continues to grow.The Dow Jones...

DATE: Sept. 2, 2010 | CATEGORY: Business

Stocks increase as September begins

NEW YORK – Stocks jumped Wednesday after surprisingly strong growth in U.S. and Chinese manufacturing allayed some of the worries that had been building over the global economy in recent weeks.The...

DATE: Sept. 1, 2010 | CATEGORY: Business

Rocky Mountain Chocolate issues dividend

Durango-based Rocky Mountain Chocolate Factory has announced its 29th consecutive cash dividend to shareholders.The dividend of 10 cents per common share outstanding will be issued Sept. 17. The...

DATE: Aug. 31, 2010 | CATEGORY: Business

Stock investors brace for ugly September

CHICAGO – The economy is weakening, home sales are plunging and stocks are on a long slide. Now comes something even scarier for investors – the beginning of what is traditionally the worst month...

DATE: Aug. 31, 2010 | CATEGORY: Business

Casino proposed near battlefield splits Gettysburg

GETTYSBURG, Pa. – The town where the Civil War’s tide-turning battle was waged is fighting dissension in its own ranks, with even hard-core preservationists split over a proposed casino that would...

DATE: Aug. 31, 2010 | CATEGORY: Business

Utah paper to cut nearly half staff

SALT LAKE CITY – The Deseret News, Utah’s oldest daily newspaper, said Tuesday it will cut nearly half its staff and consolidate operations with affiliated television and radio operations to...

DATE: Aug. 31, 2010 | CATEGORY: Business

Stocks end Aug. with meager gains

NEW YORK – The stock market ended its worst August since 2001 with meager gains Tuesday after minutes from the latest Federal Reserve meeting showed officials’ increasing concern about the...

DATE: Aug. 31, 2010 | CATEGORY: Business

Business Briefs

Purple Haze announces new chef Purple Haze, 117 W. College Drive across from McDonald’s, announces that Don Carlson, formerly of Farquahrts, is its new chef.Carlson left Durango briefly to run a...

DATE: Aug. 28, 2010 | CATEGORY: Business

USA Today shaking up staff

SAN FRANCISCO – USA Today, the nation’s second largest newspaper, is making the most dramatic overhaul of its staff in its 28-year history as it de-emphasizes its print edition and ramps up its...

DATE: Aug. 28, 2010 | CATEGORY: Business

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