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Consumers cut credit card borrowing for 24th month
October 7, 2010 3:15 PM
Consumer borrowing fell again in August as consumers cut back on credit card use for the 24th consecutive month. The Federal Reserve says that borrowing by consumers declined by $3.3 billion in August. That marked the 18th drop in the past 19 months. Borrowing increased modestly for one-time... more » -
Colorado: $189 million in new cuts
September 20, 2010 12:00 PM
Gov. Bill Ritter may have to slash another $189 million from Colorado's budget because of a sluggish economic recovery and lower-than-expected revenues. In June, Ritter was forced to cut $60 million from this year's $18.2 billion budget, using money from marijuana registrations, cutting funding for the Department of Corrections... more » -
Sun Microsystems slashing up to 3,000 jobs
October 20, 2009 4:46 PM
Sun Microsystems Inc. plans to eliminate up to 3,000 jobs over the next year as it awaits a takeover by Oracle Corp. Sun disclosed the layoffs Tuesday in a regulatory filing. They are the latest in a series of job cuts at the server and software maker, whose prolonged financial... more » -
Ski resorts cutting prices to lure locals
September 10, 2009 4:14 PM
A struggling economy is turning out to be good news for skiers and snowboarders who live close enough to mountains that they can hit the slopes every weekend. Many ski resorts are slashing prices on season passes and offering locals-only discounts again this year. They hope to boost revenues from... more »
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