Wayne Heilman

Business Reporter

  • Small "towers" in Colorado Springs key to next-generation wireless service

    Yesterday

    Unless someone points it out, most people wouldn't notice the cell towers that Crown Castle International Corp. owns and leases to major wireless carriers in southwest Colorado Springs. That's because the 26-foot "small cells" are attached to street lights, utility poles and other...

  • El Paso County wages increase in 2017 at fastest rate in 10 years

    Updated: Wed, May 23, 2018

    Wages earned in El Paso County last year rose at the fastest rate since 2007 as a tight labor market left many employers competing for a shallower pool of applicants, according to fourth quarter 2017 data released Wednesday by the Colorado Department of Labor and Employment. The 3.6...

  • Colorado Springs Airport traffic continues passenger gains in April

    Updated: Wed, May 23, 2018

    Passenger traffic at the Colorado Springs Airport continued to build in April, increasing 21.4 percent from April 2017 to 69,555, with Frontier and American Airlines posting major gains and Delta and United reporting declines. Traffic also was down for Allegiant Air, which halted...

  • Cripple Creek casino owner files lawsuit to block competitor's hotel project

    Updated: Wed, May 23, 2018

    Triple Crown Casinos filed a lawsuit Tuesday against the city of Cripple Creek and Full House Resorts Inc., appealing last month's approval of a $70 million hotel project for competitor Bronco Billy's Casino and Hotel, which is owned by Full House. The suit in 4th Judicial District...

  • Colorado Springs hotel industry sets records in April

    Updated: Mon, May 21, 2018

    Record-setting attendance at the Space Symposium last month fueled a record-setting April for the Colorado Springs hotel industry with the occupancy rate rising to 74.5 percent, the highest occupancy for April since at least 1990, according to the Rocky Mountain Lodging Report. Last...

  • Colorado Springs defense contractor Polaris Alpha to be sold with eye toward faster growth

    Updated: Mon, May 21, 2018

    Colorado Springs-based defense contractor Polaris Alpha will be acquired May 31 by California-based engineering and construction giant Parsons in a deal designed to accelerate Polaris Alpha's growth in cybersecurity, battlefield management, small satellites and other advanced...

  • Ride sharing giants quickly seize major share of Colorado Springs market

    Updated: Mon, May 21, 2018

    Ride sharing giants Uber and Lyft captured a major share of passengers in their first year serving the Colorado Springs Airport in 2017, airport data show. They have hammered Colorado Springs Transportation, which operates as zTrip, say annual reports the company filed with the...

  • Fourth consecutive rise in Colorado Springs sales tax revenue a sign of surging economy

    Updated: Thu, May 17, 2018

    Colorado Springs consumers continued to spend in March at a steady pace, according to the latest sales tax numbers from the city of Colorado Springs. Sales tax collections for April, which reflect transactions in March, rose 5 percent from a year earlier to $14.6 million, the fourth...

  • Colorado regulators sanction Woodbridge in securities case

    Updated: Wed, May 16, 2018

    Colorado Securities Commissioner Gerald Rome has ordered the Woodbridge Funds to halt all violations of Colorado securities laws, including using unlicensed sales representatives to sell unregistered securities and making fraudulent statements and failing to disclose important...

  • Colorado Springs mine operator gets approvals for Nevada mine

    Updated: Tue, May 15, 2018

    Colorado Springs-based Gold Resource Corp. announced Tuesday it has received approvals to begin building an open-pit mine on property it controls in Nevada, more than doubling its gold and silver production when operations begin next year. The mine's environmental assessment was...

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