business and finance

TJ Maxx owner’s sales soar on new customers looking for deals

TJX Cos., with its treasure-hunt shopping experience and discount prices, is proving as popular as ever with consumers – even if rising incomes mean they don’t need a deal. Comparable sales at the...

DATE: Aug. 23, 2018 | CATEGORY: Business

Kroger to sell its goods to Chinese shoppers through Tmall

NEW YORK – Kroger will start to sell some of its products to Chinese shoppers through a website owned by internet giant Alibaba, the latest move by the supermarket chain to boost its digital...

DATE: Aug. 23, 2018 | CATEGORY: Business

Mortgage rates continue to fall

WASHINGTON – Long-term U.S. mortgage rates fell this week for the third consecutive week, yet they remain significantly higher than a year ago. Mortgage buyer Freddie Mac says the average rate on...

DATE: Aug. 23, 2018 | CATEGORY: Business

Report: Weak farm economy leading to fewer farm loans

OMAHA, Neb. – More farm loan applications are being rejected in rural parts of 10 Plains and Western states in reaction to weak farm commodity prices and income. The latest Rural Mainstreet survey...

DATE: Aug. 23, 2018 | CATEGORY: Business

San Juan National Forest hiring temporary positions for 2019

The San Juan National Forest seasonal hiring will begin earlier for employment next spring. Hiring for the San Juan National Forest will be combined with the hiring process across the Rocky...

DATE: Aug. 23, 2018 | CATEGORY: Business

Durango First National hires three

First National Bank of Durango recently hired three new employees: Noah Wells, Bianca Sandoval and Martha Moreno. Wells was hired as a universal banker at the Bodo office. He grew up in California...

DATE: Aug. 23, 2018 | CATEGORY: Business

4TheChildren names executive director

Durango organization 4TheChildren recently announced it appointed Ashley Hein as executive director. Hein is known in the community for her work at Animas High School and the Powerhouse Science...

DATE: Aug. 23, 2018 | CATEGORY: Business

Five Southwest Colorado firms on fast track to growth

Daudi Barnes is looking for an investment of $4 million to $5 million to revolutionize the way rocket thrusters are designed and manufactured through his firm, Agile Space Propulsion Co., located...

DATE: Aug. 23, 2018 | CATEGORY: Business

Durango’s J.C. Penney store to return to regular, full-line sales

After less than a year of trying a new store concept that sold exclusively clearance merchandise, J.C. Penney Co. in the Durango Mall will return to its full-line, regular business model. “We’re...

DATE: Aug. 20, 2018 | CATEGORY: Business

Big tech throwing big money at home robots

NEW YORK – Science-fiction writers and technologists have been predicting the arrival of robot butlers for the better part of a century. So far, domestic robots have been relatively pedestrian:...

DATE: Aug. 20, 2018 | CATEGORY: Business

Animas Surgical Hospital sees room to grow

Animas Surgical Hospital’s problem would make many businesses envious: It’s growing so fast it needs a 73,125-square-foot expansion. A second building, an ambulatory surgical center, is in the...

DATE: Aug. 19, 2018 | CATEGORY: Business

Parent of North Face to camp in Denver

DENVER – The company that makes The North Face outdoor clothes, JanSport packs, Timberland boots and a host of other consumer products plans to move the headquarters for those brands to metro...

DATE: Aug. 19, 2018 | CATEGORY: Business