business and finance

Extension office creates survey for Agriculture Needs Assessment

The Colorado State University Montezuma County Extension office in Cortez now has available an Agriculture Needs Assessment survey for residents in Southwestern Colorado who have interests in...

DATE: Feb. 2, 2018 | CATEGORY: Business

Family of New Mexican tea lovers to open shop in downtown Durango

A family of New Mexico tea lovers plans to open its first shop in Colorado in the Main Avenue space previously occupied by Stuart’s of Durango. Bailey Huffmon said about 50 percent of The Old...

DATE: Feb. 1, 2018 | CATEGORY: Business

Officials consider using robots to combat mine spills

DENVER – Crumbling mine tunnels awash with polluted waters perforate the Colorado mountains, and scientists may one day send robots creeping through the pitch-black passages to study the mysterious...

DATE: Jan. 31, 2018 | CATEGORY: Business

Tax reform: It’s not just for IBM

Many small-business owners across Durango are mulling just what the sweeping federal tax reform President Donald Trump signed into law at the twilight of 2017 means for them in 2018 and beyond....

DATE: Jan. 28, 2018 | CATEGORY: Business

Mercury, Vantiv, Worldpay: From Durango to London, what’s in a name?

Vantiv’s purchase of Worldpay, a British-based firm, is but the latest chapter for one of Durango’s largest employers, which started life as a spunky startup in the electronic payment industry,...

DATE: Jan. 27, 2018 | CATEGORY: Business

You can banish your debt this year

Most people I work with can be debt-free in 12 to 18 months. When my wife and I took control of our money, we paid off $165,000 in debt and saved $20,000 in 15 months. If we did it, you can, too. ...

DATE: Jan. 27, 2018 | COLUMN: Money Savvy

Economic growth slowed in 2017’s fourth quarter, missing Trump’s targets

WASHINGTON – The U.S. gross domestic product, a broad measure of the economy, increased by 2.3 percent in 2017, federal economists reported Friday. GDP growth slowed in the year’s fourth quarter to...

DATE: Jan. 26, 2018 | CATEGORY: Business

Workplace wellness programs don’t work for you or your company

NEW YORK – Workplace wellness programs have two main goals: improve employees’ health and lower their employers’ health care costs. They’re not very good at either, new research finds. For the...

DATE: Jan. 26, 2018 | CATEGORY: Business

Oil’s sustained rise giving oilfield servicers time to prosper

NEW YORK – Oilfield-service providers, who happy to close the book on a largely unforgiving 2017, are eyeing a rebirth with higher crude prices sowing the seeds for a prolonged period of growth....

DATE: Jan. 26, 2018 | CATEGORY: Business

Home Depot to give one-time bonus of up to $1,000 to employees

ATLANTA – Home Depot is paying out one-time bonuses of up to $1,000 in cash to its hourly workers in the U.S., citing the recent tax overhaul. The home improvement retailer follows others doing the...

DATE: Jan. 26, 2018 | CATEGORY: Business

Starbucks key sales figure disappoints

NEW YORK – Starbucks reported disappointing sales growth in its most recent quarter, and shares of the coffee chain fell in after-hours trading Thursday. But the company also said it expects to...

DATE: Jan. 26, 2018 | CATEGORY: Business

Mortgage rates rise for 3rd straight week

WASHINGTON – U.S. mortgage rates rose this week for a third week in a row, lifted by investors’ expectations for faster economic growth, which has pushed up borrowing costs. Mortgage giant Freddie...

DATE: Jan. 26, 2018 | CATEGORY: Business