business and finance

Fifth annual Economic Summit to be hosted in Ignacio next week

Today is the last day to register for next week’s fifth annual Economic Summit presented by the La Plata Economic Development Alliance. The event will be held Wednesday, Oct. 19, at the Sky Ute...

DATE: Oct. 11, 2011 | CATEGORY: Business

Stocks up on European pledge to help banks

NEW YORK – Just last week, a bear market seemed inevitable. Since then stocks have surged four out of the last five days, bringing the S&P 500 index up 8.7 percent. The latest jump came Monday...

DATE: Oct. 10, 2011 | CATEGORY: Business

Durango’s downtown shines for the pros

The state organization for downtown managers whose business is downtown economic and social vitality is known as Downtown Colorado Inc., or DCI. Last week, the association held its annual...

DATE: Oct. 8, 2011 | COLUMN: What's Up Downtown

Now what?

SAN FRANCISCO – In the end, Steve Jobs left the world to his own devices.As macabre as it might seem, Jobs’ death Wednesday will only add to the Apple mystique – and profit. The iPhone, iPad, iPod...

DATE: Oct. 8, 2011 | CATEGORY: Business

NBA lockout hits some hard

CLEVELAND – Across the street from Quicken Loans Arena, a building that rocks and rolls from November until April as home to the Cavaliers, reality is posted on a wall.Harry Buffalo is one of the...

DATE: Oct. 8, 2011 | CATEGORY: Business

Business Briefs

Mercury CEO honored by Fort Lewis College Matt Taylor, CEO of Mercury Payment Systems, received the Fort Lewis College School of Business Administration’s Distinguished Alumni Award on...

DATE: Oct. 8, 2011 | CATEGORY: Business

Mixed jobs, Europe ratings bring stock market down

A three-day rally on the stock market faded Friday after a mixed jobs report and credit-rating cuts for Italy and Spain. The Dow Jones industrial average rose in the morning, turned lower at midday...

DATE: Oct. 7, 2011 | CATEGORY: Business

New iPhone is faster but falls short of hype

CUPERTINO, Calif. – Apple Inc. unveiled a new iPhone on Tuesday that is faster and more powerful but stops short of a more radical upgrade. It said Sprint customers will now be able to use one.The...

DATE: Oct. 4, 2011 | CATEGORY: Business

World economic outlook is bleak

WASHINGTON – Europe has a debt crisis. America has a jobs crisis. Corporate profits could be in trouble. World financial markets are in turmoil. And no one seems prepared to ride to the...

DATE: Oct. 4, 2011 | CATEGORY: Business

Taking the bore out of snowboards

SILVERTON – Not counting the skis that lean against walls and hang across windows, the decorations are few at ScottyBob Carlson’s workshop. Located in an old powerhouse east of town, exposed brick...

DATE: Oct. 4, 2011 | CATEGORY: Business

Late surge erases earlier losses on Wall Street

NEW YORK – A late afternoon surge capped another wild day Tuesday on Wall Street and prevented the S&P 500 stock index from entering a bear market. Stocks jumped on reports that European officials...

DATE: Oct. 4, 2011 | CATEGORY: Business

American Airlines stock plunges to eight-year low

NEW YORK – American Airlines’ stock plunged to an eight-year low on fears of a weaker economy – which hurt other airline shares – and speculation that the carrier would seek bankruptcy protection.A...

DATE: Oct. 4, 2011 | CATEGORY: Business

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