CSBJ Daily

The Colorado Springs Economic Development Corp. honored 10 companies during their annual Excellence in Local Industries Awards ceremony yesterday.
The Longevity Award was presented to El Paso Western Pipelines for their 80-year anniversary.
The Innovation Award was presented to Neumann Systems Group for their pollution and green house control system.
The Public/Private Partnership Award […]

Climate change – both natural and manmade – could affect water availability in the Colorado River Basin, according to a report from the Colorado Water Conservation Board.
Colorado’s average temperatures have increased about two degrees in the past 30 years. Scientists attribute one degree of that increase to greenhouse gases and […]

Freedom Communications, which owns The Gazette and other newspapers and media outlets nationwide, announced yesterday that it might have violated its debt covenants that govern its senior credit facility.
Freedom released a statement saying that the company is in “active discussion with its lenders, and intends to work closely with them to address […]

The Associated Press
The Federal Reserve announced a bold plan this morning to buy massive amounts of short-term debt to help ease investors’ fears and prevent further company shutdowns.
The government will buy “commercial paper,” a short-term debt instrument companies rely on to finance day-to-day operations such as payrolls. This market, which depends on investors rather than […]