Gannett turns down hedge fund-backed Digital First Media

NEW YORK – The publisher of USA Today and dozens of other newspapers said no to a hedge-fund backed media group with a reputation for slashing jobs, but the buyout fight may not be over. Gannett...

DATE: Feb. 4, 2019 | CATEGORY: Business

Purgatory-area housing market strengthens

Real estate in the Purgatory area is experiencing a delayed renaissance after taking a hit during the 2008 Great Recession. Since 2017, new construction has become a more common sight in the north...

DATE: Feb. 3, 2019 | CATEGORY: Business

Outdoor retailers expand political fight

DENVER – Two years after jumping into a fight with the Trump administration over public lands, the U.S. outdoor industry is turning up the political pressure – though its impact is difficult to...

DATE: Feb. 1, 2019 | CATEGORY: Business

Region 9 sets board, adds members

The Region 9 Economic Development District of Southwest Colorado recently announced new officers for 2019. William Tookey, San Juan County administrator, was elected to his second year as chair;...

DATE: Feb. 1, 2019 | CATEGORY: Business

Service station owner reimburses customers for bad fuel

Donna Cook, owner of the Sonoco gas station in Grandview, earned one loyal customer in an unusual way when she inadvertently sold him a half tank of gas mixed with water. But Mark Guenin of Pagosa...

DATE: Jan. 31, 2019 | CATEGORY: Business

Colorado House sends hospital transparency bill to Senate

DENVER – Colorado’s House has passed legislation to require hospitals to provide annual reports on their spending and their uncompensated patient care costs. Democratic Rep. Chris Kennedy’s bill is...

DATE: Jan. 31, 2019 | CATEGORY: Business

Durango airport passenger numbers up in 2018, despite 416 Fire

Commercial passenger traffic at the Durango-La Plata County Airport increased to 378,876 combined arrivals and departures in 2018, an increase of 6,549 passengers, or 1.8 percent, compared with...

DATE: Jan. 31, 2019 | CATEGORY: Business

Champion steer sets stock show auction record of $150,000

DENVER – Officials say a prize-winning steer has been auctioned for a record-setting amount at the National Western Stock Show in Denver. Ames Construction Co. made a winning bid of $150,000 for...

DATE: Jan. 28, 2019 | CATEGORY: Agriculture

Kroger, Microsoft create futuristic grocery store

NEW YORK – Kroger and Microsoft are joining forces to bring the ease of online shopping to brick-and-mortar grocery stores. Kroger, America’s biggest supermarket chain which includes City Market,...

DATE: Jan. 25, 2019 | CATEGORY: Business

Walgreens agrees to pay $269 million to U.S. in fraud accord

NEW YORK – Walgreens Boots Alliance Inc. agreed to pay $269.2 million to settle U.S. claims that the drugstore chain defrauded a federally-funded health care program over insulin drugs and a...

DATE: Jan. 25, 2019 | CATEGORY: Business

Close to $1 million in city fees could bolster affordable housing

The city of Durango expects to generate close to $1 million in the next few years from fair-share housing fees, a windfall that could help the city achieve affordable housing goals. Fair-share...

DATE: Jan. 25, 2019 | CATEGORY: Business

Home Builders offers scholarships

The Home Builders Association of Southwest Colorado is now accepting applications for its 2019 Building for the Future Scholarships. Up to $10,000 will be awarded to support area high school...

DATE: Jan. 25, 2019 | CATEGORY: Business

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