CSBJ Daily

Chicago-based General Growth Properties, parent company of Chapel Hills Mall, warned this week that it might be forced to declare bankruptcy if it is unsuccessful in refinancing its debt.

The company, owner of more than 200 shopping centers, had a third-quarter net loss of $15.4 million, or 6 cents per share, compared to a net loss […]

The Associated Press
NEW YORK – Wal-Mart Stores Inc. reported a 10 percent increase in third-quarter profit Thursday but trimmed its profit outlook because of the troubled global economy and the renewed strength of the dollar.
The world’s largest retailer said its renewed focus on low prices was attracting financially squeezed shoppers and that it was pleased […]

If you want your mail to get to troops in Afghanistan or Iraq by Christmas, you must send it by Dec. 4.
Holiday mail going to other military overseas locations should be sent by Dec. 11.
Express Mail can also be used to mail packages to other overseas military locations – except for Iraq and […]

The Associated Press
SEATTLE – An asphalt shortage is delaying road maintenance projects in communities nationwide.
Asphalt is becoming scarce as U.S. refiners overhaul their equipment to maximize output of highly profitable fuels such as diesel and gasoline, using inexpensive – and hard to process – crude oil.

To make things worse, refiners are also cutting back on […]

The City of Colorado Springs is hosting an open house to discuss the North Nevada Corridor Improvement Plan.
The drop-in meeting is scheduled from 5:30 to 7 p.m. Nov. 18 at the Lincoln Elementary Gymnasium, 2727 N. Cascade.

Implementation of the plan could affect access to some businesses.
The North Nevada Corridor Improvement Plan began in 2004 to […]

Junior Achievement reached a milestone of 9.3 million students globally during the 2007-08 school year – the most in its 89-year history.
Sean Rush, JA Worldwide’s president and chief executive officer, noted,
“The current turbulent global economic climate demonstrates that young people need Junior Achievement’s programs more than ever,” said JA Worldwide CEO […]

Colorado Springs Professional Firefighters will start selling 2009 calendars tomorrow featuring bare-chested local firefighters – well, bare-chested male firefighters, anyway.
The calendars, which will sell for $15, are an attempt to raise money for the association.

Jack Quinn’s Irish pub, 21 S. Tejon St., will host the calendar kick-off party from 7 to […]

It happens all the time, you want to donate money to the Salvation Army holiday kettles outside retail stores, but you don’t carry cash anymore. Who does?
Aware of this, the Salvation Army will offer special kettle-collection locations that are able to swipe credit cards for donations.
The kettles will be located at Sam’s […]

The Associated Press
WASHINGTON – The government and the mortgage industry are set to announce the most sweeping effort yet to help troubled homeowners by speeding up the process for renegotiating hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac.

The Federal Housing Finance Agency, which seized control of the two mortgage finance […]