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Cash crunch: When customers pay late, businesses juggle

NEW YORK – Small business owners are contending with a calendar problem that becomes a cash flow problem – they’re waiting longer to get paid. Some customers, whether they’re cons...

There’s still lots to do this summer

Summer is winding down and parents are starting to think about back to school time, with Durango schools starting in less than three weeks. Where did summer go? There still are pl...

Aetna, Humana offer deal on merger

Aetna and Humana said they have a provisional agreement to sell some of their assets to rival Molina Healthcare in an effort to get U.S. antitrust regulators to approve their $37 billion mer...

Homeownership rate continues to fall in U.S.

WASHINGTON – The proportion of U.S. households that owns homes has matched its lowest level in 51 years – evidence that rising property prices, high rents and stagnant pay have made it hard ...

Pending U.S. home sales improved slightly in June

WASHINGTON – The number of Americans who signed contracts to buy homes crept up in June, a possible indication that the recent growth in real estate sales is still on track. The...

New Zealand trek inspires wool-based business

eNZees founder leaves retirement for startup

Susie’s Gifts closes after 23 years

Susie’s Gifts was a local favorite

Separate finances are no help to your relationship

I imagine all of us have “gone Dutch” on a date. When each person pays his or her own way during an evening out, it can be easier to maintain independence and limit obligations. O...

Patching the gender gap in kids’ clothes

NEW YORK – Pink for girls. Truck motifs for boys. A growing number of parents want to get outside those parameters when it comes to dressing their kids. Kristin Higgins was adaman...

Business Briefs

Economic agency lands a federal grant The Region 9 Economic Development District of Southwest Colorado Inc. received a Rural Business Development Grant from the U.S. Department of Agricultu...

U.S. new-home sales climbed in June to more than 8-year high

WASHINGTON – Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the broader U.S. economy. ...

Has the housing market rebounded?

Data shows demand high, but renters paying more