Below please find daily updates pertaining to the latest in financial, business, and tax news:
40-year old Raleigh woman qualifies for U.S. Olympic swimming trials
Posted: Sat May 19 18:27:36 PDT 2012She is a director of human resources for James Maynard's Golden Corral Corp. in Raleigh. And now, add an Olympic hopeful to the 40-year old Erika Braun's resume. Braun qualified for the U.S. Olympic trials on Saturday in the 50 freestyle swimming after she clocked 26.32 seconds. She had to beat 26.39 to qualify. This is not the first time Braun has qualified for the Olympic trials. She qualif...
Arizona, US banks still struggle with TARP, mortgage fund
Posted: Sat May 19 17:18:34 PDT 2012It?s been more than four years since the U.S. Department of the Treasury invested $204.9 billion into 707 banks of all sizes under the Troubled Asset Relief Program initiative known as the Capital Purchase Program. In return for the investment, the banks agreed to give the Treasury an ownership interest in the form of preferred stock and warrants to purchase more stock. Banks that accepted TAR...
DBJ on CBS4: What business needs to know about Denver's camping ban
Posted: Sat May 19 14:18:15 PDT 2012Denver's new homeless camping ban has stirred controversy -- and triggered questions among business people about how the ordinance will work. The new rule, adopted by the Denver City Council May 14, takes effect May 29. It bans homeless people and others from camping overnight on public or private property without permission. The ordinance comes as the number of unsheltered homeless people ha...
EveryoneSolar seeks investors to grow in solar hot water market
Posted: Sat May 19 13:56:29 PDT 2012If you're interested in solar hot water heating for your home or small business, solar water heating startup EveryoneSolar LLC has a unique technology that is picking up interest, with five permits underway and a growing U.S. market opportunity. The company hopes to install more than 350 systems in 2012. Its competition comes from primarily outside the San Francisco Bay Area, companies such as...
Denver rated 5th cheapest destination for summer air travelers
Posted: Sat May 19 13:33:05 PDT 2012Denver ranks No. 5 on a list of the nation's 10 most affordable destinations for fliers this summer, based on air fares, according to Cheapflights.com. The website, which specializes in finding and publishing travel deals online, said the average roundtrip fare to and from Denver is $243. Chicago ranks No. 1, with average fares of $218. The ranking comes from an analysis of air fare deals th...
Dayton area to get $5.8M for cleanup
Posted: Sat May 19 10:34:41 PDT 2012Two Dayton-area communities are getting $5.8 million from the state to clean up old commercial sites. On Friday, the state announced Dayton was awarded $3 million for work at the former General Motors Corp. site at 2701 Home Ave. The city will use the funds to clean contaminated soils, remove asbestos and general waste, as well as demolish existing buildings. The National Park Service plans ...
DBJ Weekend Tech Watch: Facebook IPO, SpaceX, Microsoft, IHS
Posted: Sat May 19 10:11:54 PDT 2012Welcome to the Denver Business Journal's Tech Watch, our roundup of today's tech news from around the nation, featuring reports on Facebook, SpaceX, Microsoft, Motorola Mobility, IHS, Zynga, Yelp, Boeing, General Dynamics, Northrop Grumman, Boston Scientific and more. And click here for more DBJ tech coverage. Facebook shares fall flat on IPO debut Facebook buys social gift app maker Kar...
$635M deal for remaining Colorado Interstate Gas assets
Posted: Sat May 19 09:54:06 PDT 2012El Paso Pipeline Partners LP will acquire the remaining 14 percent interest in Colorado Springs-based Colorado Interstate Gas Co. LLC and all of Cheyenne Plains Investment Co. LLC from El Paso Corp. for $635 million and the assumption of about $242 million in debt. Colorado Interstate Gas (Cigco) has about 4,300 miles of natural gas pipeline in Colorado, Wyoming and neighboring states. The tr...
World of Beer franchise to open in Tempe
Posted: Sat May 19 09:45:03 PDT 2012A new World of Beer franchise will open on Mill Avenue in the old Tempe National Bank building this summer. WOB General Manager John Paul Watts, who will head up the new franchise, said the company believes Tempe to be a great location and will open a location July 23. ?We believe the biggest and earliest growth is going to be in the Southwest,? Watts said. ?Phoenix is a great market.? Wat...
From Hong Kong to Santa Clara, TiE connects entrepreneurs
Posted: Sat May 19 09:07:58 PDT 2012The world can be ridiculously small. When I was in Hong Kong a few weeks ago on vacation, I ran into Iain Reed, a veteran in financial research and an entrepreneur whose company creates financial data management software. Over dinner with a few friends, he mentioned he was starting Southeast Asia?s TiE chapter and would be at the global TiE conference, May 18-19 in Santa Clara. Fast forward a...
How to Profit from the World's Sweet Tooth
Posted: Sun May 20 05:50:02 PDT 2012How to Profit from the World's Sweet Tooth ...
Facebooking the World
Posted: Sat May 19 23:21:28 PDT 2012Can the social-networking top dog conquer the world? ...
Is Verizon About to Kill or Save Apple?
Posted: Sat May 19 19:06:59 PDT 2012Verizon wants a world of sharers. That's a threat and an opportunity for Apple. ...
5 Things That Can Send Apple Moving Higher Again
Posted: Sat May 19 17:37:01 PDT 2012The tech giant's in a rut. Check out a few reasons that's not likely to last. ...
Why this Tech Giant Looks Attractive
Posted: Sat May 19 17:07:02 PDT 2012...
FTC to Skechers: You'd Better Shape Up
Posted: Sat May 19 16:36:56 PDT 2012The footwear maker is fined $40 million for false advertising of its toning shoes. ...
Who Will Rule the World's Largest Mobile Market?
Posted: Sat May 19 16:07:23 PDT 2012...
This iPhone Rumor Checks Out
Posted: Sat May 19 15:37:33 PDT 2012Rumor has it, iPhones are about to get bigger. ...
3 Reasons to Buy Wal-Mart Today
Posted: Sat May 19 15:37:27 PDT 2012...
When Will SodaStream Be Loved?
Posted: Sat May 19 15:07:21 PDT 2012The bubbly soda star can't shake the skepticism. ...
