business and finance

Holiday Inn is moving into town

Almost a year after a downtown Durango hotel dropped the Holiday Inn name and went independent, the company is building a new hotel in town.The four-story, 116-room Holiday Inn will be located on...

DATE: Nov. 15, 2011 | CATEGORY: Business

Congress to cut out $1M plus bonuses

WASHINGTON – Congress is seeking to end the practice of paying million-dollar bonuses to executives at government-controlled mortgage giants Fannie Mae and Freddie Mac.The House Financial Services...

DATE: Nov. 15, 2011 | CATEGORY: Business

Oil rises, seniors leave

WILLISTON, N.D. After living all of her 82 years in the same community, Lois Sinness left her hometown this month, crying and towing a U-Haul packed with her every possession.She didn’t want to go,...

DATE: Nov. 15, 2011 | CATEGORY: Business

Stocks edge higher on retail gains

NEW YORK – A day of broad swings in the stock market ended with modest gains Tuesday, as investors balanced an increase in U.S. retail sales with Europe’s lingering debt crisis. The Dow Jones...

DATE: Nov. 15, 2011 | CATEGORY: Business

Eurozone sees a looming recession

LONDON – The economy of the 17-nation euro bloc avoided contracting in the third quarter, thanks mainly to Germany and France, but is widely expected to fall into recession imminently as a result...

DATE: Nov. 15, 2011 | CATEGORY: Business

Boomers’ anxiety about retirement grows

WASHINGTON – A majority of baby boomers say they have taken a financial hit in the last three years, and most now doubt that they will be financially secure after they retire, according to a new...

DATE: Nov. 12, 2011 | CATEGORY: Business

Tourism office creates a ‘lure’ to attract visitors

Fishermen strategize the proper lure to attract fish; falconers employ a lure to recall their hawk. The Durango Area Tourism Office utilizes a variety of platforms and publications to “lure”...

DATE: Nov. 12, 2011 | COLUMN: Destination Durango

Gluten-free finds market

A Redmesa mom who began baking gluten-free items at home to protect her children’s health, has turned the labor of love into a paying commercial venture.Melinda Wood, who has one child with severe...

DATE: Nov. 12, 2011 | CATEGORY: Business

Business Briefs

Blue Ribbon announces expansion Blue Ribbon Properties is expanding its real-estate services to include property management in addition to real-estate sales and leasing.Blue Ribbon services Durango...

DATE: Nov. 12, 2011 | CATEGORY: Business

Oil again flirting with $100 per barrel

NEW YORK – Oil prices are soaring again, but motorists don’t need to worry – yet.The price of crude has jumped 22 percent since the beginning of October and is nearing $100 a barrel. For most of...

DATE: Nov. 8, 2011 | CATEGORY: Business

Stocks up after Berlusconi vows to go

NEW YORK – Stocks turned higher Tuesday once investors got the news they had been hoping for: Italian Prime Minister Silvio Berlusconi promised to resign once a new budget was passed. The Dow Jones...

DATE: Nov. 8, 2011 | CATEGORY: Business

Business Briefs

Crow Canyon honors Durango resident Durango resident Gene Bradley on Oct. 15 was presented the Crow Canyon Archaeological Center Distinguished Service Award in recognition of his outstanding...

DATE: Nov. 8, 2011 | CATEGORY: Business

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