business and finance - The Durango Herald

Muscle cramps

Sales drop could be sign of peril for American muscle cars

DATE: Sep 28, 2018 | CATEGORY: Business

CEO’s plan to save Sears would hand his hedge fund $1 billion

Eddie Lampert’s hedge fund has a new plan for cutting Sears debt. The main beneficiary would once again be Eddie Lampert’s hedge fund. Lampert, Sears Holdings Corp.’s chief execut...

DATE: Sep 28, 2018 | CATEGORY: Business

Bed Bath & Beyond nosedives after cutting forecasts

NEW YORK – Bed Bath & Beyond’s stock plunged to its lowest price in 18 years after the home goods store chain posted weak results in the second quarter and cut its forecasts for the rest of ...

DATE: Sep 28, 2018 | CATEGORY: Business

Arby’s parent to buy Sonic for $2.3 billion

The restaurant industry has to contend with a new giant. The parent of Arby’s, Inspire Brands Inc., announced on Tuesday that it had agreed to acquire Sonic Corp. in a deal valued...

DATE: Sep 28, 2018 | CATEGORY: Business

Mortgage rates soar to 7-year highs

NEW YORK – Five consecutive weeks of increases pushed mortgage rates to their highest level since April 2011. According to the latest data released Thursday by Freddie Mac, the 30...

DATE: Sep 28, 2018 | CATEGORY: Business

Region 9 to receive USDA loan and grant funds

The Region 9 Economic Development District of SouthWest Colorado, Inc. has been approved for a Rural Microentrepreneur Assistance Program loan and grant through USDA Rural Development. ...

DATE: Sep 28, 2018 | CATEGORY: Business

Maria’s Bookshop hires 2 booksellers

Maria’s Bookshop has hired two new employees. Nancy Krauss will be a new bookseller. Previously, she owned a pet-boarding business in Blowing Rock, North Carolina. She also worked in real es...

DATE: Sep 28, 2018 | CATEGORY: Business

LPEA hires a new lineman

Journeyman Lineman Eddie Quintana has joined the La Plata Electric Association in the Operations Department. He brings years of experience to the co-op. In the electric utility in...

DATE: Sep 28, 2018 | CATEGORY: Business

HomesFund hosts upcoming home-buying classes

The HomesFund will be holding two home-buyer education classes in October. The first is Thursday, Oct. 4, in the Bayfield Town Hall building, and the second is on Saturday, Oct. ...

DATE: Sep 28, 2018 | CATEGORY: Business

Small business group names 2018 ‘State Star’

The Shepherd serves as the executive director of the Southwest Colorado SBDC, hosted at Fort Lewis College. Her contributions to the Southwest region include creating 66 new jobs and helpi...

DATE: Sep 28, 2018 | CATEGORY: Business

Absolute Physical Therapy turns 2

Absolute Physical Therapy & Wellness will mark its two-year anniversary from 4 to 6 p.m. Thursday, Nov. 8, at its clinic, 277 East Eighth Ave. in Durango. ...

DATE: Sep 28, 2018 | CATEGORY: Business

Registration underway for 12th annual Economic Summit

Panel expected to discuss tough year in tourism

DATE: Sep 22, 2018 | CATEGORY: Business

Photos: Wreaths Across America at Greenmount Cemetery in Durango

Photos: Durango High School girls basketball plays Piedra Vista High SchoolPanthers left Durango with 37-29 win on Tuesday night

Panthers left Durango with 37-29 win on Tuesday night

Photos: Noel Night in downtown Durango

Photos and video: Singing with Santa

Photos: Durango Turkey Trot

Photos: Durango High School football takes on Heritage High School in state playoffsDemons lost to Eagles, 45-36, in 4A quarterfinals at home on Saturday