business and finance

Ar 170109768
Ar 170109768

Purgatory Resort names general manager

Colin McBeath will take over as the general manager of Purgatory Resort in January, the company announced Thursday. McBeath was most recently the general manager at the Sheraton Anchorage Hotel and...

DATE: Jan. 5, 2017 | CATEGORY: Local News

Ar 170109773
Ar 170109773

Rico’s internet provider pulls out of town

Internet customers in Rico are facing uncertainty after Farmers Telephone Co. announced it would no longer provide DSL internet to the town. Farmers sent letters to Direct Communications, the...

DATE: Jan. 5, 2017 | CATEGORY: Local News

Ar 170109780
Ar 170109780

Sears to sell Craftsman tool brand and close 150 stores

Sears on Thursday announced that it has agreed to sell its Craftsman tools brand to Stanley Black & Decker in a deal valued at $900 million, the latest bid by the flailing retail chain to try to...

DATE: Jan. 5, 2017 | CATEGORY: Business

Ar 170109805
Ar 170109805

La Plata County economy could face challenges in 2017

La Plata County’s economy will likely face some challenges in the coming year, but the state is looking forward to continued strong growth. “There could be some downward pressure – I wouldn’t go so...

DATE: Jan. 4, 2017 | CATEGORY: Local News

Ar 170109812
Ar 170109812

U.S. auto sales hit a record 17.55M in 2016

DETROIT – U.S. consumers bought a record number of new cars and trucks in 2016. A repeat performance in 2017 could be a tall order. Low gas prices, rising employment and low interest rates kept...

DATE: Jan. 4, 2017 | CATEGORY: Business

Ar 170109862
Ar 170109862

Trump’s latest US corporate Twitter target: General Motors

DETROIT – In another tweet targeting a U.S. company, President-elect Donald Trump threatened Tuesday to slap a tax on General Motors for importing compact cars to the U.S. from Mexico. But GM...

DATE: Jan. 3, 2017 | CATEGORY: Business

Analyst sees Starbucks overtaking McDonald’s

Starbucks is poised to overtake McDonald’s as the world’s most valuable restaurant chain, and the coffee giant could ultimately have a staggering 50,000 locations. That’s the prediction of Nomura...

DATE: Jan. 3, 2017 | CATEGORY: Business

Ar 170109864
Ar 170109864

Understanding your financial health is all about the numbers

Some numbers matter more than others. How much you make is important, for example, but your financial health depends far more on how much you keep. Knowing certain numbers can help you understand...

DATE: Jan. 3, 2017 | CATEGORY: Business

Ar 170109865
Ar 170109865

In uncertain times, just go with what you know

I‘ll have to apologize. It may be that time of the year for articles, columns and TV programs that recap the past year or more boldly cast predictions on what the new year might bring, but I just...

DATE: Jan. 3, 2017 | CATEGORY: A Take on Tourism

Ar 170109866
Ar 170109866

Durango Floatation Therapy offers escape from your senses

Durango Floatation Therapy is floating a new idea to residents looking for a relaxing and meditative experience. Co-owners Kevin Kephart and Kyle Cataldo say that floating in an epsom salt bath...

DATE: Jan. 3, 2017 | CATEGORY: Business

National Association of Insurance and Financial Advisors to meet Jan. 12

The Southwest Colorado National Association of Insurance and Financial Advisors will meet at noon Thursday, Jan. 12 in the Oak Room of the Strater Hotel, 699 Main Ave. Trusts and estate attorney...

DATE: Jan. 3, 2017 | CATEGORY: Business

Young Professionals to host ‘Lunches with Leaders’ event Jan. 10

The Durango Chamber of Commerce and Young Professionals of Durango will host a “Lunches with Leaders” event from 11:30 a.m. to 1 p.m. Tuesday, Jan. 10 at the Ore House, 147 E. College Drive. The...

DATE: Jan. 3, 2017 | CATEGORY: Business