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  • Springs-based Young Life expanding into Missouri

    Business Published: Fri, April 18, 2014

    The Associated Press – Colorado Springs-based Young Life, a nondenominational Christian ministry, is planning a $21.5 million expansion on land it owns near Table Rock Lake in southwest Missouri, with a goal of offering gatherings beyond the traditional summer camps. Young Life representatives said Wednesday that the expansion, called Clearwater Cove, will include an office, […]

  • Colorado adds 3,300 jobs from February to March

    Business Published: Fri, April 18, 2014

    Associated Press – DENVER — Colorado added jobs for the 29th straight month in March, and as the good economic news mounts, more people are seeking work, the state’s chief economist said Friday. Alexandra Hall told reporters the additional job seekers could put pressure on unemployment figures even as the number of jobs increases. The […]

  • Cottonwood Artists’ School building in Colorado Springs hit with foreclosure notice

    Arts & Entertainment Business Published: Fri, April 18, 2014

    by Rich laden rich.laden@gazette.com – The nonprofit Cottonwood Artists’ School, which operates the Cottonwood Center for the Arts, has been hit with a foreclosure notice on its downtown building where artists rent studio space and conduct classes and workshops. The Cottonwood Artists’ School owes $2.6 million toward its $3.6 million purchase in 2008 of a […]

  • Colorado angles to expand hemp industry

    Business Published: Fri, April 18, 2014

    Associated Press – DENVER — Colorado is just starting its experiment with industrial hemp production, but interest in the new crop is so strong that the state is moving to expand the number and size of farms growing marijuana’s non-intoxicating cousin. A bill that won unanimous approval in a Senate committee this week would allow […]

  • Once again, the venture capital train bypasses Colorado Springs

    Business Published: Thu, April 17, 2014

    by WAYNE HEILMAN wayneh@gazette.com – Venture capital investments bypassed the Colorado Springs area in the first quarter for the fourth consecutive quarter, even as such funding surged both statewide and across the nation compared with the same period a year earlier. No local startup has landed venture funding since Colorado Springs-based computer storage manufacturer XIO […]

  • FuseSport of Colorado Springs plans to grow workforce with infusion of $1 million

    Business Published: Thu, April 17, 2014

    by WAYNE HEILMAN wayneh@gazette.com – FuseSport, which moved its headquarters from Australia to Colorado Springs a year ago, has landed nearly $1 million from local investors, and plans to use to boost marketing of its sports management software and significantly expand its staff. The investments come from PV Ventures, a venture capital fund headed by […]

  • Wall Street ends mostly higher as earnings pour in

    Business Published: Thu, April 17, 2014

    FILE – In this Friday, April 11, 2014 file photo, trader Anthony Carannante, left, works on the floor of the New York Stock Exchange. Major U.S. stock indexes rose in afternoon trading Thursday, April 17, 2014, as investors reacted to quarterly results from a batch of U.S, companies. Google, IBM and insurer UnitedHealth were among […]

  • Colorado considers edible marijuana restrictions

    Business Published: Thu, April 17, 2014

    Associated Press – DENVER — A measure to broaden a ban on certain types of edible marijuana to include products that mimic other foods or candies is up for a vote in the Colorado Legislature. A House committee is considering the proposal Thursday. It comes amid concerns that children can accidentally ingest some kinds of […]

  • New York real estate firm pays $48.5 million for Colorado Springs apartment complex

    Business Published: Wed, April 16, 2014

    by Rich laden rich.laden@gazette.com – A New York firm that’s bought and sold several Colorado Springs apartment complexes has paid $48.5 million for the 364-unit Bella Springs Apartments on the city’s far north side. The Praedium Group, a privately held real estate investment trust, bought the complex from an investment group led by Springs-based real […]

  • It’s a three-peat: Stock market stays on the upswing

    Business Published: Wed, April 16, 2014

    by alex veiga The Associated Press – Investors drove stock prices to their highest level in a week Wednesday, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data. Major U.S. stock indexes notched their third day of gains in a row. Yahoo and Delta Air Lines were among the companies […]