A FLASH FLOOD WATCH will go into effect on Tuesday afternoon for most of Southern Colorado. Daytime heating and moisture will combine with a disturbance moving through Colorado to develop numerous thunderstorms. Any one of them will be more than capable of producing very heavy rain. Burn scars and areas that have seen recent heavy rain will be under the greatest risk for flash flooding. The 11 Breaking Weather Team will be tracking this threat all day for you.
United Airlines' parent company is reporting the worst quarterly loss in history. UAL Corporation says it lost almost $1.5 billion in the three months that ended December 31st. The loss left UAL with a net loss of $3.2 billion for the year. That's much larger than the $2.1 billion loss it posted in 2001. UAL's net loss for the fourth quarter translates to $20.70 per share. That compares with a fourth-quarter 2001 loss $5.68 per share. The company has now had ten consecutive money-losing quarters. United is the dominant carrier in Colorado