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Frontier Airlines Reports $9M Operating Loss

Posted: 12/15/2008 - Low-cost carrier Frontier Airlines has reported a third-quarter operating loss of $9 million, according to data from the federal Bureau of Transportation Statistics.

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Atmel Cuts 249 Jobs In Colorado Springs

Updated: 12/15/2008 - Atmel Corporation has announced it is cutting 11% of its North American workforce. And that includes cuts in Colorado Springs.

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No More Cuts For '09 El Paso County Budget

Updated: 12/15/2008 - Commissioners voted Monday to transfer $3 million from roads and bridges to the county general fund. This means no more cuts will be needed, welcomed news for a lot of county workers.

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Plane Owners Grounded By Manufacturer Bankruptcy

Posted: 12/15/2008 - It's a buyer's nightmare: plunk down more than a million dollars for a new twin-engine airplane, and after it finally arrives, the manufacturer goes out of business.

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Colorado Tourism Officials Look Closer For Guests

Updated: 12/15/2008 - Denver has courted visitors from Kansas, Nebraska and New Mexico in the past but the tough economy has made Denver's tourism bureau look closer to home to cities only an hour's drive away, like Fort Collins and Colorado Springs. The tourism bureau is spending $500,000 for the holiday campaign.

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Denver To Speed Construction For Jobs Boost

Posted: 12/12/2008 - Mayor John Hickenlooper said Thursday the city will complete some 200 improvement projects in four years instead of five. He says the move is needed to boost Denver's economy with construction jobs.

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Interest Rate Hits Zero On 4-Week Treasury Bills

Posted: 12/09/2008 - Interest rates on four-week Treasury bills fell to zero in Tuesday's auction, as investors still sought the safety of government securities without any return on their investment.

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Progress Made In Bailout Plan For Big 3 Automakers

Posted: 12/08/2008 - A White House spokeswoman says it is "very likely" that the Bush administration could reach a deal with Congress on Monday to get emergency aid to failing U.S. automakers.

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Vail Resorts Will Lay Off About 50 Workers

Posted: 12/07/2008 - Vail Resorts plans to lay off about 50 workers and eliminate nearly 100 vacant positions following a significant drop in advance bookings.

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Bush: Any Aid To Automakers Must Be Paid Back

Posted: 12/05/2008 - Bush spoke to reporters Friday on the South Lawn not long after the release of a government report showing a big jump in the unemployment rate.

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Stock Futures Extend Decline After Jobs Report

Posted: 12/05/2008 - The Labor Department said Friday employers cut 533,000 more jobs in November -- the most since 1974. Analysts were expecting 320,000 job cuts. The unemployment rate is up to 6.7 percent from 6.5 percent in October.

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Bernanke: More Action Needed To Cut Foreclosures

Posted: 12/04/2008 - Federal Reserve Chairman Ben Bernanke is calling on the government to ramp up efforts to stem home foreclosures that are feeding into the country's deep economic troubles.

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Xcel Seeks Increase In Renewable-Energy Fee

Posted: 12/02/2008 - Xcel Energy has asked regulators to increase the amount it can charge consumers to help recover the cost of renewable-energy generation.

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