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62 People Have As Much Wealth As Half The World

Updated: 01/19/2016 - Global economic inequality is deepening, with 62 individuals owning as much wealth as the 3.5 billion people in the bottom half of the world's distribution of wealth, according to a new report from Oxfam.

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Colorado Pot Banking Case Tests Federal Drug Rules

Posted: 12/28/2015 - A marijuana banking case set for arguments Monday is testing the federal government's stated goal of addressing the cash-only nature of the quasi-legal pot industry.

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Colorado Springs computer chip maker acquired

Posted: 09/20/2015 - Atmel Corp., which employs about 1,000 workers in a computer chip manufacturing plant in Colorado Springs, has agreed to be acquired by Dialog Semiconductor PLC in a $4.6 billion deal that is expected to be completed early next year.

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USOC-Colorado Springs agreement benefits all

Posted: 09/14/2015 - It's been six years since a 30-year economic development agreement kept the United States Olympic Committee headquartered in Colorado Springs.

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Proposed Tax Increase Would Fund Road Repairs

Updated: 07/15/2015 - Voters in Colorado Springs will likely see a measure on the November ballot to fix the roads. It's a proposed sales tax that would bring in an estimated $50 million a year for the next five years. All that money would go toward fixing the roads.

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Egg Shortage Cutting Into Restaurant Profits, Menu Items

Updated: 06/23/2015 - Restaurants are struggling to deal with higher egg prices and an inability to get enough eggs in the midst of a shortage brought about by a bird flu virus that has wiped out millions of chickens on commercial farms.

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Pikes Peak United Way, Care And Share Team Up For SNAP

Updated: 03/24/2015 - Many people in southern Colorado who live below the poverty line don't know what kinds of help they are eligible to receive. The Pikes Peak United Way and Care and Share are teaming up to help those people with the application process.

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Drake Power Plant Running At 100 Percent

Updated: 03/17/2015 - The Drake Power plant is running at 100 percent again for the first time since a fire severely damaged it in May of last year.

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Federal Flight Subsidy Program Questioned

Updated: 02/25/2015 - The federal government is expected to spend millions of tax dollars on a subsidy program designed to make sure airlines continue to service small communities--but some are questioning whether those flights are really needed.

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Overtime Pay Rules Could Soon Change

Posted: 02/16/2015 - Millions of salaried workers who don't currently quality for overtime pay could soon be compensated when they work more than 40 hours a week, according to CNN Money.

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Hackers steal up to $1 billion from banks

Posted: 02/15/2015 - A report scheduled to be delivered Monday says a hacking ring has stolen up to $1 billion from banks around the world in what would be one of the biggest banking breaches known.

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Natural Gas Rates Drop

Updated: 02/03/2015 - Colorado Springs Utilities customers may see a decrease on their natural gas bill. Starting February 1, a $7 month decrease went into effect.

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