Local News
Coloradans take Utah’s lesson on public lands to heart
State loses biannual outdoor trade shows with $45M impact
Business
Business
More home sale agreements falling apart
A new analysis by real estate website Trulia found that 3.9 percent of pending home sales fell through in 2016, nearly double the rate from a year earlier.Matthew Busch/Bloomberg News…
Business
Are you paying for not-at-fault accidents?
That car crash that you didn’t cause may be costing you
Business
U.S. health care spending projected to soar to $5.5T
The country spent $3.4 trillion on health care in 2016, a number that is projected to grow to $5.5 trillion by 2025. The study, by the Centers for Medicare and…
Business
Kraft still hungry for Unilever after rejected offer
U.S. food giant Kraft Heinz Co. said it’s made an offer to buy Europe’s Unilever that has been rejected.Associated Press file U.S. food giant Kraft Heinz Co. says its offer…
Business
Region 9 announces ‘Lender of the Year’
du1-i-syn White started his banking career upon moving to Southwest Colorado in 1975. He was recognized for collaborating with Region 9 on loans needing additional equity. For more information, call…
Business
Gervais & Associates hires new tax professional
Smithdu1-i-syn Smith received a degree in business administration from the University of Florida and an MBA from the University of South Florida. He is currently finishing his CPA license and…
Business
New housing starts fall across U.S.
Home building slipped 2.6 percent in January, led by a big drop in apartment construction, the Commerce Department reported Thursday.Jeff Roberson/Associated Press file The number of new housing starts declined…
Business
Optimism among homebuilders weakens
A new home is under construction in Phoenix.Matt York/Associated Press file The surprising decline comes ahead of the spring home-buying season, which is traditionally builders’ busiest time of the year…
Business
Consumer prices post biggest rise in nearly four years
U.S. consumer prices rose 0.6 percent in January, driven largely by a 7.8 percent jump in gasoline prices, the Labor Department reported.Gene J. Puskar/Associated Press The Labor Department said Wednesday…
Business
Southern Ute Indian Tribe selects growth fund director
Baker will be responsible for directing the growth fund to provide maximum profit and return on invested capital, while meeting the goals of the tribal council. Baker is a graduate…
Business
New sports chiropractic office now open
Owner Kevin Vieser has experience providing care to athletes from every sport and workers of all trades. The office is open by appointment only. To schedule an appointment, call (908)…
Business
Sorrel Sky to host business after hours Thursday
Door prizes, food, beer and wine will be featured. Cost is $7 each for chamber members and guests. For more information, visit www.durangobusiness.org.
Money Savvy
How to stop those 3 a.m. money worries
Unplanned expenses used to pop into my mind like a terrible version of whack-a-mole. I’d say, “If we just had a ‘normal month,’ everything would be OK.” The truth is,…
Business
Insurance merger plans collapse
Health exchanges face big challenges after two deals break down
Local News
Bill to protect microbreweries receives bipartisan support
Sponsors say industry’s importance is reason for measure
Business
Recent Trump win on China trademark raises ethics questions
Zhong Jiye, a co-founder of Shenzhen Trump Industrial Co., is vowing to protect his company’s rights to use the Trump brand for his company’s toilets, which are made in China.Mark…
Business
Sears pushes back on reports that it has dropped Trump products
Sears Holdings Inc. said Monday that many Ivanka and Donald Trump-branded products are still available through third-party vendors on the company’s Sears and Kmart websites.Amy Sancetta/Associated Press file Though the…
On Real Estate
Here’s what you need to know to get a mortgage
There are other aspects of your application that will be evaluated, such as your cash reserves, length of employment and the size of your down-payment, but the “big three” are…
Business
Single women are buying homes at twice the rate of single men
Single women accounted for 17 percent of all home sales in the U.S. last year, more than double the 7 percent rate for single men.Pat Sullivan/Associated Press “I wanted to…
Business
Sears may sell land, cut jobs to save $1B; shares soar
Sears CEO Edward Lampert announced plans to cut costs by $1 billion a year to help the company turn its fortunes around.Elise Amendola/Associate Press file The company, which also owns…
Business
Whole Foods to shrink store count for first time since 2008
Whole Foods Market Inc. announced plans to close several of its stores to help cut costs.Luke Sharrett/Bloomberg News Though Whole Foods plans to open six stores during the current quarter,…
Local News
Hotel proposed for Camino del Rio in Durango clears design board
Board praises design changes
Business
Got $250 million? Here’s the home just for you
An 85-foot infinity swimming pool is one of the amenities that come with his $250 million Bel-Air mansion. The home in the exclusive Los Angeles neighborhood is the most expensive…