business and finance

Resort for the dogs

The Durango Pet Resort, the name of Durango’s newest pet kennel being built east of the city, may seem a bit extravagant in today’s tough economic times. A resort for pets seems a hard sell at a...

DATE: Nov. 13, 2010 | CATEGORY: Business

Taxed to death

With the Bush-era tax breaks set to expire in January, aging farmers and ranchers are one demographic group that could feel the effects of increased taxes more acutely than most.Local ranchers...

DATE: Nov. 9, 2010 | CATEGORY: Business

Macy’s CEO goes local, selling regional flavor

NEW YORK – Across the country, Macy’s is ringing in this Christmas with local flavor, from Elvis ornaments in Tennessee to Texas-themed martini glasses.These 2,200 themed ornaments and other decor...

DATE: Nov. 9, 2010 | CATEGORY: Business

Stocks and bonds down, but commodities soar

NEW YORK – Stocks and government bonds fell Tuesday as commodities rallied to two-year highs.Silver, soybeans and copper jumped to levels last seen in October 2008 as investors moved money into...

DATE: Nov. 9, 2010 | CATEGORY: Business

EU: Ireland can beat debt crisis

DUBLIN – A top European Union official told Ireland it shouldn’t require a bailout if it makes smart plans for financial survival – even as investors kept dumping Irish bonds in expectation that an...

DATE: Nov. 9, 2010 | CATEGORY: Business

Business Briefs

Artisan’s holiday gift show, sale Saturday The Artisan’s Holiday Gift Show & Sale announces its 13th annual event will be held from 9 a.m. to 4 p.m. Saturday in the Oak Room at the Strater Hotel,...

DATE: Nov. 9, 2010 | CATEGORY: Business

Ski areas await snow

DENVER – Ski resorts say snow trumps the economy when vacationers decide whether to head to the mountains.With economists saying the Great Recession is over, Colorado ski areas now hope a...

DATE: Nov. 6, 2010 | CATEGORY: Business

Oil speculation yields another Wyoming record lease sale

CHEYENNE, Wyo. – Widespread industry excitement about a possible oil play in eastern Wyoming has resulted in another record state lease sale, this one bringing in $49 million.Dozens of companies...

DATE: Nov. 6, 2010 | CATEGORY: Business

Business Briefs

Marketing workshop set at Durango library The Durango Public Library, Durango Chamber of Commerce and Wells Fargo will sponsor a series of marketing workshops in November. “How to Determine Market...

DATE: Nov. 6, 2010 | CATEGORY: Business

Dow Jones reaches 2-year high

NEW YORK – The Dow Jones industrial average reached its highest level in two years Wednesday after the Federal Reserve announced plans to buy $600 billion in Treasurys to stimulate the economy.The...

DATE: Nov. 3, 2010 | CATEGORY: Business

New reality makes market tough to predict

NEW YORK – Next year will be a year unlike any other for the stock market.The Republican takeover of the House of Representatives on Tuesday means Wall Street will be contending with three...

DATE: Nov. 3, 2010 | CATEGORY: Business

Fed unveils bond-buying plan

WASHINGTON – The Federal Reserve announced a bold plan Wednesday to try to invigorate the economy by buying $600 billion more in Treasury bonds.The Fed said it would buy about $75 billion a month...

DATE: Nov. 3, 2010 | CATEGORY: Business

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