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Business & Real Estate

Walgreens slashes offer for Rite Aid

Walgreens substantially lowered its offering price for drugstore rival Rite Aid and, facing resistance from U.S. regulators, raised the number of stores it would be willing to unload to ease...

Pending home sales rose in December

WASHINGTON – More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasi...

Trump stirs homebuilders’ dreams of bulldozing environmental rules

As Don Huffines sees it, Donald Trump’s election instantly made his Dallas-area pastureland much more valuable. That’s because the residential developer expects the president to follow throu...

Mortgage rates up slightly for first time in ’17

WASHINGTON – Long-term U.S. mortgage rates rose last week after three weeks of declines, marking their first increase of the year. Mortgage buyer Freddie Mac said Thursday the rat...

U.S. economic growth slowed in fourth quarter

WASHINGTON – The U.S. economy lost momentum in the final three months of 2016, closing out a year in which growth turned in the weakest performance in five years. The gross domest...

Florida Road apartments ready for tenants this fall

College students expected market

U.S. new-home sales tumble

WASHINGTON – Americans pulled back sharply from buying new homes in December, but sales for all of 2016 were the highest since 2007. The Commerce Department said that new-home sal...

Dow tops 20,000 for first time

The Dow Jones industrial average crossed the 20,000 mark for the first time Wednesday, the latest milestone in a record-setting drive for the stock market. Strong earnings from Bo...

Stillwater Music names board member

Stillwater Music has named Lissa Howe to its board of directors. Howe grew up in Durango, has a bachelor’s in biology and a master’s in geography and ecology from Colorado College...

San Juan Basin Health hires new staff

San Juan Basin Health recently hired Gordon South, state innovation model program manager, and Audrey McCabe, administrative and clinical assistant. South has a master’s in health...

Pella Windows & Doors opens new showroom

Pella Windows & Doors has opened a new, 1,000-square-foot design and display center in Elk Park Center, 691 County Road 233, Suite B-2. Windows and doors are on display to help ho...

Region 9 announces new loan committee member

Erin Neer has joined the Region 9 Economic Development District’s business loan fund committee. Neer is the owner of SweetBooks, a business that serves nonprofits and small busi...
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