Archives » March 18th, 2008

Colorado Springs to receive grant to fight foreclosures

The Pikes Peak region could receive money to help prevent foreclosures and promote affordable housing.
The region is slated to receive a $116,404 grant that is funneled through the Westminster-based Colorado Rural Housing Development Corp. The money will be used primarily in Denver, but will also help expand its initiatives […]

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Delta offers severance payouts to half its work force

The Associated Press
ATLANTA _ Delta Air Lines officials said today that they will offer voluntary severance payouts to roughly 30,000 employees – more than half its work force – and cut domestic capacity by an extra 5 percent this year as part of an overhaul of its business plan to deal […]

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Banks take their cue from market – not Fed

Banks are not dropping interest rates in lock-step with the Federal Reserve Bank’s reduced interest rates.
Rick Barham, CEO and founder of Market Rates Insight, said that after seriously adjusting interest rates downward during January, banks are slowing rate reductions during February in an attempt to solicit new deposits from consumers […]

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Night time delays on Woodmen next week

Beginning the evening of Monday, March 24 through the morning of Friday, March 28, traffic on Woodmen Road will be reduced to one lane between From 9 p.m. and 5:30 a.m.
Roadway flaggers will also work to reduce traffic speeds, and drivers could experience delays.

Read: Night time delays on Woodmen next week

Local firm wins $6.8 M contract

Facilities Support Services, LLC of Colorado Springs received a $6.8 million contract to provide customer support services, infrastructure, facility maintenance and property management for Cheyenne Mountain Air Force Station.
The company provides civil engineering support to operate and maintain electric, mechanical, utility and other systems.

Read: Local firm wins $6.8 M contract