business and finance

Let’s make conference & events center a reality

I last wrote about an arts, conferences and events center in October 2017, nearly a year ago. A group has been meeting for nearly 18 months to create a plan for this type of facility for Durango,...

DATE: Sept. 22, 2018 | COLUMN: What's Up Downtown

Man and machines

NEW YORK – In the next four years, more than 75 million jobs may be lost as companies shift to more automation, according to new estimates by the World Economic Forum. But the same projections have...

DATE: Sept. 21, 2018 | CATEGORY: Business

Wells Fargo to cut 10% of workforce

NEW YORK – Wells Fargo plans to cut up to 10 percent of its workforce over the next three years, the bank announced on Thursday, which will result in thousands of job losses for employees of the...

DATE: Sept. 21, 2018 | CATEGORY: Business

It’s high times for soaring marijuana stocks on Wall Street

NEW YORK – Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on...

DATE: Sept. 21, 2018 | CATEGORY: Business

One answer to lack of affordable apartments begins at home

For Megan Klepp, the small two-bedroom unit she and her husband built in their backyard behind their 2,000-square-foot cottage-style house in Portland, Oregon, represents a much-needed source of...

DATE: Sept. 21, 2018 | CATEGORY: Business

Mortgage rates rise again

WASHINGTON – Long-term U.S. mortgage rates are up for the fourth consecutive week, with the key 30-year rate reaching its highest level since May. Costs for would-be homebuyers continue to climb....

DATE: Sept. 21, 2018 | CATEGORY: Business

Coca-Cola eyes the cannabis market

NEW YORK – The world’s largest beverage company may be the next industry giant to jump into the cannabis drinks business. Coca-Cola Co. says it’s monitoring the nascent industry and is interested...

DATE: Sept. 21, 2018 | CATEGORY: Business

Leadership La Plata holds meet-and-greet

Leadership La Plata will hold a meet-and-greet with its new class and alumni of the program at 6 p.m. Oct. 3 on the patio at Steamworks Brewing Co. The event will welcome in the new class for the...

DATE: Sept. 21, 2018 | CATEGORY: Business

Hiring underway for CDOT winter maintenance personnel

The Colorado Department of Transportation is beginning its search to hire permanent and seasonal full-time and part-time highway maintenance workers and snowplow drivers. Most positions begin in...

DATE: Sept. 21, 2018 | CATEGORY: Business

Know Your Dough adds to team

Know Your Dough, a nonprofit that provides tailored, in-person financial wellness programs for local youth, has hired Melissa Lopez as program coordinator. Lopez and her family have lived in the...

DATE: Sept. 21, 2018 | CATEGORY: Business

Alpine Bank hire will serve Latinos

Alpine Bank has appointed Susana Salamun to the position of Latino services officer. She will lead the bank’s commitment to provide unrivaled service to Latino customers in the 28 Colorado...

DATE: Sept. 21, 2018 | CATEGORY: Business

How many hotel rooms in Durango are too much?

Durango’s lodging industry is looking at ways to make room for 475 new hotel rooms that will come online in the next 1½ to two years. “It’s scary as a lodger. It’s too much, too soon, but at the...

DATE: Sept. 18, 2018 | UPDATED: 8 hours 59 minutes ago | CATEGORY: Business