business and finance

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

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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

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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

New Business Brief

Window cleaning business opens Jared Martinez announces the opening of his business Fish Window Cleaning, located at 1555 Colorado Highway 3, Suite B.The locally owned and operated business...

DATE: Dec. 11, 2010 | CATEGORY: Business

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Business Briefs

Band Wagon Music announces new owner Band Wagon Music was acquired by new owner Thomas Rader in October. Rader moved the 35-year-old musical instrument retail business to its present location at...

DATE: Dec. 11, 2010 | CATEGORY: Business

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Adjusting for austerity

Several downtown Durango retailers said they are stocking their shelves this Christmas season with local shoppers’ changed needs in mind.Just as many local businesses are struggling through the...

DATE: Dec. 7, 2010 | CATEGORY: Business

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Following Madoff’s money connections

NEW YORK – U.S. authorities revealed a deal Tuesday to recover $625 million from a longtime friend of jailed financier Bernard Madoff while a trustee seeking other funds for cheated investors said...

DATE: Dec. 7, 2010 | CATEGORY: Business

New Business Brief

Boot fitting business announces opening Lorain McGlothlin announces the opening of her business, The Boot Mechanic, in the ground level of the parking garage in the Eolus Building at Purgatory at...

DATE: Dec. 7, 2010 | CATEGORY: Business

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Shoppers treat themselves to lattes and lacy bras

NEW YORK – Few companies were clobbered harder than Starbucks in the recession. The coffee chain with outposts on every corner came to represent all that was wrong with American businesses and...

DATE: Dec. 7, 2010 | CATEGORY: Business

Stocks rally over tax cuts fades

NEW YORK – Stocks closed mixed Tuesday after enthusiasm over a deal to extend tax cuts faded.Bond prices fell sharply as traders anticipated the tax cuts would boost economic growth but also lead...

DATE: Dec. 7, 2010 | CATEGORY: Business

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Business Briefs

Local receives award for volunteering Adrian Wade, past president of the Durango AARP Chapter No. 1243, was honored as “Volunteer of the Year” at the annual Colorado ARRP Thanksgiving Volunteer...

DATE: Dec. 7, 2010 | CATEGORY: Business

Stocks end day mixed on hope of tax compromise

NEW YORK – Stocks spent most of Monday in a funk brought on by cautious comments about the economy from Federal Reserve Chairman Ben Bernanke. Hopes for a compromise on extending Bush-era tax cuts...

DATE: Dec. 6, 2010 | CATEGORY: Business