Archives » January, 2008

XAware receives $7.4 million in venture funding

XAware Inc. has completed a $7.4 million round of venture funding. The additional capital will enable the company to continue the growth of its open source business model.
The round was led by vSpring Capital. Firms participating included new investor GMT Capital, a $3.5 billion hedge fund based in Atlanta, and […]

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City receiving $120,000 for destination skate park

The City of Colorado Springs Parks, Recreation and Cultural Services will receive a $120,000 grant from the Phil Long Community Fund and Denver Broncos Charities to help build its destination skate park in Memorial Park.
The new facility, which will be just north of the Sertich Ice Center, will be designed to accommodate […]

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EBay to cut listing charges up to 50 percent

The Associated Press
EBay Inc. said Tuesday it will cut by up to 50 percent the fees it charges sellers to list their goods online in an effort to boost listings and keep pace with other burgeoning e-commerce sites.
To balance the fee cut, the company plans to increase its commission on […]

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City ranks as top municipal biodiesel fleet in nation

Government Fleet magazine has ranked the City of Colorado Springs as the top municipal BioDiesel Fleet in the nation.
The city also was No. 17 in the overall Public Sector Alternative-Fueled Fleet rankings.
Since 2003, more than 2,400 city vehicles or equipment have run on biodiesel. To date, Colorado Springs has […]

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Dems to vote on stimulus package

The Associated Press
Senate Democrats will move today to add to a $150 billion economic stimulus package that includes rebates for senior citizens living on Social Security and an extension of unemployment benefits.
The action will likely set up a clash with the White House and House leaders who are pushing a narrower package.
As the […]

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Coleman leaving Penrose-St. Francis

The chief operating officer at Penrose-St. Francis Health Services has accepted a position as president and chief executive officer of Trinity Regional Health System in Rock Island, Ill.
Andrea Coleman will resign her position at Penrose-St. Francis effective Feb. 28. She has been the COO since April 2005.
While at Penrose-St. […]

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County to receive right of way for Baptist Road widening

Key land parcels near the corner of Interstate 25 and Baptist Road have been acquired by El Paso County. The move enables interchange improvement to proceed after several months of delay.
Phoenix Bell Associates owns property within the town of Monument that is west of 1-25 and between Baptist Road […]

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Greening the Military

Kent Butts will present a lecture at 7 p.m. Wednesday at Colorado College entitled Environment and Security: Greening the Military.
Butts, director of the National Security Issues Branch, Center for Strategic Leadership at the U.S. Army War College, will discuss restructuring systems and operations in the U.S. Department of Defense to make […]

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Hybl, Williams tapped by Romney Campaign

The Colorado for Mitt Romney presidential campaign just added nine new leaders from Colorado, including Colorado Springs’ own Kyle Hybl and Wayne Williams.
Hybl is a University of Colorado Regent and El Pomar Foundation vice president and general counsel, and Williams is an El Paso County Commissioner.
They will join Republican […]

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Economists report “striking dichotomy”

Business economists are generally optimistic about prospects for their own businesses, but are less positive about the national economy.
A January report from the National Association for Business Economics released the responses of 98 corporate and trade association economists polled between December 13 and January 9.
Each was asked about conditions […]

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