business and finance

Slumping demand for oil, commodities halt stock rally

NEW YORK – Tumbling demand for commodities and a drop in the euro led to a broad stock sell-off Wednesday that pulled the Dow Jones industrial average down 130 points.Demand for gasoline in the...

DATE: May 11, 2011 | CATEGORY: Business

Microsoft will buy Skype phone service for $8.5B

NEW YORK – Microsoft Corp. said Tuesday it has agreed to buy the popular Internet telephone service Skype SA for $8.5 billion in the biggest deal in the software maker’s 36-year history.Buying...

DATE: May 10, 2011 | CATEGORY: Business

Natural foods

When Mountain Sun Organic Juices was sold and production moved from its Dolores home base several years ago, the jobs and economic benefits to the city left with it. But one local entrepreneur...

DATE: May 10, 2011 | CATEGORY: Business

Book looks at money and who you are

Being clueless about money is no longer affordable, says Kate Levinson.In her new book, Emotional Currency: A Woman’s Guide to Building a Healthy Relationship with Money, Levinson, a...

DATE: May 10, 2011 | COLUMN: Money Savvy

Land plan seeks to protect Palisade farmers

GRAND JUNCTION, Colo. (AP) – Bruce Talbott is a fifth-generation Palisade fruit grower, his surname synonymous with the Grand Valley’s renowned fruit industry.He’d like for his children to be the...

DATE: May 10, 2011 | CATEGORY: Business

Earnings, corporate deals lift stocks

NEW YORK – Corporate deals and strong earnings have been credited with driving stocks higher this year – and Tuesday saw a bit of each.The biggest news, that Microsoft Inc. said it would buy...

DATE: May 10, 2011 | CATEGORY: Business

Business Briefs

Healing from trauma to be focus of talk Randi Schweitz will present “The healing power of connecting to our inner strengths” at 7 p.m. May 18 at The Café of Life, 925 Colorado Highway 3.This talk...

DATE: May 10, 2011 | CATEGORY: Business

Restaurant pop-ups

SEATTLE – If you missed the fried rice with pungent shrimp paste at Shophouse Seattle on Monday night, well, too bad. The down-home Thai joint has already shut its doors.Shophouse creator Wiley...

DATE: May 7, 2011 | CATEGORY: Business

Business Briefs

Dyan’s Studio announces new stylist Dyan’s Studio of Hair Design Inc. welcomes Nicola Chenowith to its staff.Chenowith recently moved to Durango from England, where she owned her own hair salon in...

DATE: May 7, 2011 | CATEGORY: Business

Stocks rally on hiring spree

NEW YORK – The biggest corporate hiring spree in five years ended a weeklong slide in the stock market.The Labor Department reported Friday that private employers hired 268,000 people last month,...

DATE: May 6, 2011 | CATEGORY: Business

Something for Mom

Mother’s Day is just around the corner, and for those sons, daughters and husbands out there still searching for gifts for mom, help is here. At The Durango Herald’s request, employees at five...

DATE: May 3, 2011 | CATEGORY: Business

FastTrack Communications raises capacity

Economic-development officials have bemoaned deficiencies in broadband capability as something standing in the way of greater prosperity for the region for years.The problem is most pronounced in...

DATE: May 3, 2011 | CATEGORY: Business

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