Archives » August 7th, 2008

Springs income growth lags behind nation’s

Colorado Springs personal income growth lagged the national average during 2007, according to the U.S. Bureau of Economic Analysis.
Personal income in the Springs metropolitan statistical area rose 4.9 percent last year, compared to an increase of 5.7 percent during 2006.
But, Colorado Springs wasn’t the only area that saw declines. Personal income growth […]

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Fliers divided over on-board cell phone use

The Associated Press
WASHINGTON – The friendly skies are not so affable when it comes to using cell phones on commercial airliners.
Nearly half of U.S. residents say they would oppose allowing cell phone use aboard flights even if there were no issues with the phones interfering with aircraft communications systems, a Department of […]

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Citigroup ordered to buy back securities

The Associated Press
WASHINGTON – Citigroup Inc. will buy back more than $7 billion in auction-rate securities and pay $100 million in fines as part of settlements with federal and state regulators, who said the bank marketed the investments as safe despite liquidity risks.
Citigroup will buy back the securities from tens of […]

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Ford edges out Toyota in reliability test

Ford, which was once considered by many to be an acronym for “Fix Or Repair Daily,” has ranked second in this year’s J.D. Power and Associates automobile reliability study.
Ford Motor Co.’s Mercury brand was runner up to Lexus, which claimed the top spot for the 14th consecutive year.
General Motors’ ranked third and […]

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