business and finance

Black economic gains reversed in Great Recession

BALTIMORE – Growing up black in the segregated 1960s, Deborah Goldring slept two to a bed, got evicted from apartment after apartment and watched her stepfather climb utility poles to turn their...

DATE: July 9, 2011 | CATEGORY: Business

Durango’s digital datebook

For a town its size, Durango has no lack of social events. Fundraisers, concerts and street fairs can keep a person’s schedule packed to the brim.The difficulty for many people is finding out about...

DATE: July 9, 2011 | CATEGORY: Business

Stores find success by focusing on hunt

Trader Joe’s, the specialty grocery chain, might not have the cheapest toilet paper or the most varieties of ketchup, but it hooks customers with mango butter, chocolate-covered pomegranate seeds...

DATE: July 9, 2011 | CATEGORY: Business

Business Briefs

First National Bank announces new hire First National Bank of Durango announces the addition of Amelia Jackson, who started June 27.Jackson works at the Bodo Industrial Park office as a personal...

DATE: July 9, 2011 | CATEGORY: Business

Stocks sink after dismal jobs news

An unexpected drop in hiring put an end to the excitement that had been bubbling up on Wall Street over the last two weeks.Stock indexes fell sharply Friday, erasing most of the week’s gains, after...

DATE: July 8, 2011 | CATEGORY: Business

Retail sales, jobs send stocks higher

NEW YORK – A rebound in retail sales and strong jobs reports pushed stocks near their highest levels of the year.U.S. retailers had their best June sales results since 1999 as shoppers were lured...

DATE: July 7, 2011 | CATEGORY: Business

Business Briefs

La Plata Electric announces promotion Veteran Journeyman Lineman Curt Marlatt has been named a serviceman at La Plata Electric Association, based out of the Durango office.A serviceman focuses on...

DATE: July 5, 2011 | CATEGORY: Business

Airlines to see big fuel-efficiency gains

Planes are being built out of the same lightweight materials used for Formula 1 race cars. Their engines are being redesigned to squeeze more thrust out of every ounce of fuel. And governments are...

DATE: July 5, 2011 | CATEGORY: Business

Setting gas prices a 24-7 thing

If it seems a bit outrageous that Durango’s gas prices could be 10 or even 20 cents different from those in Bayfield or Ignacio, Sammy Denham will say right away that it’s not.For gas stations,...

DATE: July 5, 2011 | CATEGORY: Business

Help your teen to manage money wisely

The sooner teenagers begin to learn smart money management, the sooner they can become financially independent adults.Right now, 57 percent of all 20-year-olds are dependent on their families for...

DATE: July 5, 2011 | COLUMN: Money Savvy

Verizon Wireless nixing unlimited data for newbies

SAN FRANCISCO – Verizon Wireless, the nation’s largest wireless carrier, is getting rid of its unlimited data plan for new smartphone customers starting Thursday, shifting instead to limited data...

DATE: July 5, 2011 | CATEGORY: Business

Rally stalls on Wall Street

NEW YORK – The first week of July is off to a much slower start than the last week of June, when stocks had their biggest gains in two years.Major indexes were mixed for much of the day Tuesday but...

DATE: July 5, 2011 | CATEGORY: Business

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