Archives » August 19th, 2008

CEO punishment measure makes ballot

A measure that could make company executives and owners criminally liable for any fraud within their business will be included on the November ballot.

Colorado Secretary of State Mike Coffman said yesterday that 76,047 signatures were needed for the inclusion, and supporters submitted 124,127.
The proposal, which will be known as Amendment 53, is backed by the […]

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Colorado joins California in green driving campaign

Colorado has joined California as the first states to join an Alliance of Automobile Manufacturers’ initiative to reduce fuel use and cut carbon emissions.
Led by Govs. Bill Ritter and Arnold Schwarzenegger, the program calls for drivers to use common sense driving practices to help the environment, including not tailgating, using synchronized […]

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Wholesale prices at highest rate since 1981

The Associated Press
Wholesale inflation surged during July, leaving prices for the past year rising at the fastest pace in 27 years, according to government data released today.
The Labor Department reported that wholesale prices shot up 1.2 percent in July, pushed higher by rising costs for energy, motor vehicles and other products. […]

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Staples earnings per share plummet 15 percent

Americans are eating out less, purchasing less clothing and, apparently, fewer office supplies, too.
Staples Inc. representative said the office supply company’s second-quarter results would be weaker than anticipated because American consumers have pulled back on spending.
The Framingham, Mass.-based office supply company said revenue rose about 3 percent and earnings per […]

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