business and finance

Hot start: Dow and S&P have best January since ’97

NEW YORK – It’s the best start for stocks in 15 years.In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 percent in January and the Standard & Poor’s 500 gained...

DATE: Jan. 31, 2012 | CATEGORY: Business

Business Briefs

Business start-up workshop to be held The Small Business Development Center at Fort Lewis College will offer “Starting Your Business Workshop” from 8 a.m. to 1 p.m. Feb. 9 at the Durango Public...

DATE: Jan. 31, 2012 | CATEGORY: Business

Sales contracts for homes dip from 19-month high

WASHINGTON – The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half a month earlier.The National Association of Realtors...

DATE: Jan. 28, 2012 | CATEGORY: Business

‘F’ is for ‘frack’

NEW YORK A different kind of F-word is stirring a linguistic and political debate as controversial as what it defines.The word is “fracking” – as in hydraulic fracturing, a technique long used by...

DATE: Jan. 28, 2012 | CATEGORY: Business

Obama speech spawns housing arguments

WASHINGTON – President Barack Obama said in his State of the Union speech that he wanted to help struggling homeowners refinance their mortgages. The Republicans who want his job say the government...

DATE: Jan. 28, 2012 | CATEGORY: Business

Never too early to plan ahead for exiting business

Exit planning is the process of building the value of a business for an ultimate owner exit. Part of the process involves developing a description of the universe of prospective purchasers. Before...

DATE: Jan. 28, 2012 | COLUMN: Bottom Line

Herald, media company add staff

Ballantine Communications Inc., parent company of The Durango Herald, has made several staffing changes as it continues to reorganize to prepare for the future.Joining the Ballantine Communications...

DATE: Jan. 28, 2012 | CATEGORY: Business

Business Briefs

Personal property declarations mailed Personal property declarations will be mailed soon, and anyone who owns a business or rental personal property including vacation rentals as of Jan. 1 with a...

DATE: Jan. 28, 2012 | CATEGORY: Business

New laws deter workers

ATLANTA – It’s unclear whether farmers in Georgia and Alabama will face a shortage of workers stemming from tough new laws targeting illegal immigration, but some producers said they have begun...

DATE: Jan. 24, 2012 | CATEGORY: Business

Bayfield businesses take own approach

Rich and Garry Hillyer have been working at Southwest Ag, their family-owned equipment sale and rental business in Gem Village, for 30 years. But their knowledge about business and...

DATE: Jan. 24, 2012 | CATEGORY: Business

Colo. drilling advances prompt escalating fight

DENVER – New technology is putting oil and gas drills closer to populated areas than ever before – creating tension in Colorado over who regulates where drilling can and can’t be done.The...

DATE: Jan. 24, 2012 | CATEGORY: Business

Greece debt talks heat up

ZURICH – The war of words between Europe and private investors heated up Tuesday as talks to reduce Greece’s massive debt burden hit an impasse.While the finance ministers of the countries that use...

DATE: Jan. 24, 2012 | CATEGORY: Business

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