Business
More grown children are moving back home and paying rent
It’s a question more parents of millennials are having to face
Business
Business
Blackstone to acquire BioMed Realty Trust
The world’s largest private equity investor in real estate will pay $23.75 a share in cash, according to a statement Thursday. That’s about 24 percent more than BioMed’s closing share…
Business
Trump defends his vocal support for eminent domain: ‘I think it’s a wonderful thing’
Republican presidential candidate and real estate developer Donald Trump says the Club for Growth super PAC’s television ads accusing him of “eminent domain abuse” do not accurately explain how eminent…
Business
Buying your first home doesn’t have to be daunting
first-time home buyers share some insider tips
Local News
County Planning OKs King Coal continuance
Company gets Feb. 25 deadline to submit land use permit application
Business
Business Briefs
Mountain Bike Specialists was chosen as one of “America’s Best Bike Shops” by National Bicycle Dealers Association and honored at a reception at Interbike in Las Vegas. The bicycle shops…
Business
Microsoft unveils new laptop
Even as Microsoft has positioned the Surface as a laptop replacement, it’s making a separate Surface laptop model, the Surface Book. Microsoft says it is for scientists, engineers and gamers…
Business
How we make purchases is changing
Mercury opens center highlighting trends in payment processing
Money Savvy
Plan wisely for remarkable moments
What did you say? Was is it vacation, Thanksgiving, Christmas, Hanukkah or a long-dreamed-of adventure? There is no right answer here. Consider your response a “remarkable moment.” These are the…
Business
When you’re a college student in Durango, what’s affordable?
Haydn Collard, a student senator in the college’s student governing body, is a senior at FLC this year and has lived for the past four years in Durango where it…
Business
New rules help clear up loan confusion
Roach The new rules revise procedures to require mortgage lenders to be more transparent and fully disclose all fees and terms in mortgage agreements to customers. Sounds good, right? But,…
Business
Here’s a few productive thoughts about produce
We were able to share more than 1½ tons of local produce with Commodity Foods participants, and we could not have done it without the help of volunteers. Here’s a…
Local News
Durango airport sees dip in passengers
Director says demand still high, drop is not related to Gold King
Business
Business Briefs
Malarsie The La Plata County Economic Development Alliance will host the ninth annual Economic Summit Oct. 28 at the Sky Ute Casino & Resort in Ignacio. The business conference, “Jumping…
Business
U.S. home prices rise steadily in July, lifted by higher sales
Home prices were up again in July, rising 5 percent, according to the Standard & Poor’s/Case-Schiller report on home prices in 20 U.S. cities.Lynne Sladky/Associated Press file photo The Standard…
Business
Shops will be liable for credit card fraud
Businesses must be ready for chip-embedded cards or face the consequences
Business
Big electricity is looking at your roof
Utilities don’t want to get squeezed out of residential solar market
Business
U.S. pending home sales fall in August
New concerns about housing affordability are slowing purchases across the nation. The National Association of Realtors reported Monday that pending home sales slipped in August because of concerns about the…
Business
New projects contributing to Durango’s hotel resurgence
City’s hotel room inventory growing
Business
Tight supplies hamper existing-home sales
Existing home sales dropped nearly 5 percent in August, although real estate agents are expecting sales will remain flat for the remainder of the year as the economy improves and…
Business
Why Americans are spending more and more on rent
For most Americans, housing rental prices have been rising faster than income, a trend that has been happening for some time.Richard Vogel/Associated Press file photo To top it off, more…
Business
U.S. new-home sales surge 5.7 percent in August to 7-year high
New home sales jumped nearly 6 percent in August, pushing the number of homes sold to the highest level in seven years.Gerry Broome/Associated Press file photo New-home sales surged 5.7…
Business
U.S. rental home prices rise at slower pace in August
A new report from Harvard University’s Joint Center on Housing Studies and the nonprofit Enterprise Community Partners reported that more than a quarter of all renters in the United States…