Wayne Heilman

Business Reporter

  • Colorado jobless rate rises to 2.5 percent in September

    Yesterday

    Colorado's unemployment rate rose to 2.5 percent in September from 2.4 percent in August but remained the nations' second-lowest jobless rate, tied with Hawaii, the U.S. Bureau of Labor Statistics reported Friday. The rate rose because the number of people entering the job market...

  • Colorado Springs hotel occupancy falls in September for fourth consecutive month

    Yesterday

    Hotel occupancy in Colorado Springs fell in September for the fourth consecutive month, the first time since 2009 occupancy has declined that many months in a row. Despite the slight decline, occupancy is up for the first three quarters of the year. The percentage of occupied rooms...

  • Colorado Springs charity El Pomar Foundation promotes six executives

    Updated: Thu, Oct 19, 2017

    El Pomar Foundation has promoted Thayer Tutt, Kyle Hybl and four other executives to new posts at the largest charity in southern Colorado, beginning Jan. 1. Tutt was promoted from president and chief investment officer to vice chairman of the foundation. He retains the chief...

  • Outsourcing provider plans to triple Colorado Springs workforce to 450

    Updated: Thu, Oct 19, 2017

    A Bulgaria-based outsourcing firm, Tek-Experts, plans to more than triple its 150-person Colorado Springs workforce as it takes on more work ranging from technical support to software development for corporate clients. The company has grown rapidly from about 30 employees when it...

  • Small business lending sets record in El Paso County, state

    Updated: Tue, Oct 17, 2017

    A strong economy and rising commercial real estate prices boosted the value of federally backed loans to small businesses to record levels in El Paso County and statewide for a second consecutive year, according to a report from the U.S. Small Business Administration. In the county,...

  • Colorado Springs software company wants to automate IT management

    Updated: Mon, Oct 16, 2017

    Colorado Springs-based Cherwell Software LLC will unveil plans Tuesday to add artificial intelligence, chatbots and voice-recognition technology to its product line, whichkeeps computers, networks and other information technology equipment running properly. The company plans to use...

  • Colorado Springs chamber developing plan to grow cybersecurity industry

    Updated: Sat, Oct 14, 2017

    The Colorado Springs Chamber of Commerce & EDC is developing a plan to grow the local cybersecurity industry as part of a federal grant awarded this year to help those leaving the military with cyber skills find jobs. The plan is designed to be a road map to attract cybersecurity...

  • New CEO remaking National Cybersecurity Center as think tank

    Updated: Sat, Oct 14, 2017

    Vance Brown wants to turn the Colorado Springs-based National Cybersecurity Center from a membership-based fire department for computer hacks suffered by small businesses into a self-supporting think tank for online security. That's a major change from Gov. John Hickenlooper's vision...

  • Colorado Springs startup wants to be "DropBox" of cybersecurity industry

    Updated: Fri, Oct 13, 2017

    A Colorado Springs startup called SudoLynx Inc. wants to become the DropBox of the cybersecurity industry, selling a secure virtual locker where businesses can store sensitive information. The service will be sold on a monthly subscription starting at $500 and is targeted at small...

  • Chapel Hills Mall in Colorado Springs gives update on Thanksgiving Day status

    Updated: Fri, Oct 13, 2017

    CBL Properties, which manages Chapel Hills Mall, announced Wednesday the northside mall will close for the second consecutive year on Thanksgiving Day, Nov. 23, and will reopen at 6 a.m. Friday, Nov. 24. Stores with exterior entrances can open on Thanksgiving, but the mall's common...

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