business and finance

Durango showing slow recovery

Just as Durango was slow to enter the economic recession, it may also be making a slower recovery than much of the nation if local banks’ recent lending trends provide any indication.“The downturn...

DATE: March 15, 2011 | CATEGORY: Business

Japan disaster another worry for global economy

Japan’s earthquake and nuclear crisis have put pressure on the already-fragile global economy, squeezed supplies of goods from computer chips to auto parts and raised fears of higher interest...

DATE: March 15, 2011 | CATEGORY: Business

Try before you buy?

YAKIMA, Wash. – Wade Bennett peddles hard cider and wine at farmers markets in and around Seattle, but his $20 bottles can be a tough sell when consumers can’t sip and swirl the beverages first.So...

DATE: March 15, 2011 | CATEGORY: Business

Business Briefs

Economic survey available from state Gov. John Hickenlooper created several initiatives to address getting the state’s economy growing again.One of these initiatives is for each county in Colorado...

DATE: March 15, 2011 | CATEGORY: Business

No more cheap gas?

Every time oil prices rise, Rubel Montoya gets a headache.“If I had a tape recorder for all the complaints I get,” said Montoya who works at Peerless Tyre Co. “The customers all think it’s my...

DATE: March 12, 2011 | CATEGORY: Business

Higher oil prices threaten global economy

WASHINGTON – Higher oil prices are slowing global economic growth, and the impact is likely to spread in coming months. Oil prices helped raise the U.S. trade deficit to a seven-month high in...

DATE: March 12, 2011 | CATEGORY: Business

Business Briefs

Dolores State Bank opens new location The Dolores State Bank has opened its new facility at 101 S. Sixth St. in Dolores.The building was designed by Tod Funkhouser of R. Michael Bell Associates....

DATE: March 12, 2011 | CATEGORY: Business

Stocks inch higher after earthquake off coast of Japan

NEW YORK – Stocks finished a down week with modest gains Friday as investors gauged the fallout from a massive earthquake that struck off the coast of Japan and triggered tsunami waves from Asia to...

DATE: March 11, 2011 | CATEGORY: Business

Stocks plunge on storm of bad news

NEW YORK – Just when Americans put aside their fears and started buying stocks again, here come a host of reminders of why they left.Ominous news from around the world caused stocks to plummet...

DATE: March 10, 2011 | CATEGORY: Business

Lattes at the library

After just a few weeks operating, the new cafe at the Durango Public Library already has changed the routines of some bibliophiles who generate 350,000 annual visits, said Andy White, the library’s...

DATE: March 8, 2011 | CATEGORY: Business

Beyond Libya, oil market warily eyes Saudi Arabia

NEW YORK – Beyond the crisis in Libya, what’s making energy markets nervous – and driving up oil prices – is concern about Saudi Arabia.The world’s largest oil exporter is dealing with protests at...

DATE: March 8, 2011 | CATEGORY: Business

Public workers’ benefit causes ire

When Erin McFarlane looks at public workers, she sees lucrative pension benefits she doesn’t ever expect to get. And it makes her mad.“I don’t think that a federal employee or government employee...

DATE: March 8, 2011 | CATEGORY: Business

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