Author: By Wayne Heilman [email protected]
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Colorado Springs close to recovering all jobs lost in pandemic
The Colorado Springs economy was just 700 jobs away last month from recovering the jobs lost during the COVID-19 pandemic, according to a recent analysis from the Colorado Department of Labor and Employment. Ryan Gedney, the department’s senior economist, estimates area payrolls totaled 304,000 in July, or 700 fewer jobs than the record 304,700 people…
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Space Symposium: Amazon unit finds space ripe for startups
Startups have moved beyond traditional technology hotbeds on the East and West coasts and into space with a big boost from the world’s largest provider of cloud computing services. Companies providing services ranging from warning small satellite operators of possible collisions that could hobble or destroy their satellites to building autonomous robotic vehicles for use…
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Symposium notebook: Space war is nation’s biggest threat
A war is space is the biggest threat facing the nation and would be felt by everyone on earth, L3Harris Technologies CEO Christopher Kubasik said during a one-on-one interview session Wednesday during the Space Symposium. “A war in space would be as detrimental to society as a nuclear war and would impact the supply chain,…
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More astronauts headed to the moon than ever before, NASA says
America’s return to the moon in 2024 will usher in “a new era of firsts” in scientific discoveries and space exploration, NASA Administrator Bill Nelson said Tuesday during the Space Symposium in Colorado Springs. The mission, designed to establish an orbiting base and find ways to make oxygen and rocket fuel for a future trip…
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Power provider plans to bring fiber-optic broadband service to rural parts of El Paso County
Although Colorado Springs residents have enjoyed fast internet for years, those in outlying areas such as Black Forest and unincorporated Falcon have struggled with slower speeds. Now a Limon-based rural electric cooperative is looking to change that. Mountain View Electric Association plans to spend $190 million during the next five years to extend fiber-optic internet…
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Colorado sports betting edges higher in May amid playoffs
Colorado sports betting totals $2.3 billion in first year Playoff runs by the Denver Nuggets and Colorado Avalanche helped push sports betting totals slightly higher in May, the Colorado Department of Revenue reported Friday. ‘Mattress Mack:’ I’ll be back for another bet in Colorado Springs The nearly $249 million bet last month was up 1.9%…
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Texas developer planning to convert Colorado Springs’ second-largest hotel into apartments
An Austin, Texas, company that specializes in converting hotels to apartments is proposing to turn the Hotel Elegante Conference & Event Center into 642 “attainable” apartments under plans filed Monday with the city of Colorado Springs. Under the plan, the 496-room hotel at 2886 S. Circle Drive, the city’s second-largest, would remain open during the…
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Colorado Springs hotel occupancy surges in May as tourists return
Colorado Springs hotels continued to recover faster than the state and nation in May, with the city’s hotel occupancy rate reaching the highest level since last August. The 70.3% occupancy rate is well above either the statewide or national average and is more than double the 31.2% rate a year earlier when COVID-19 restrictions ravaged…
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Colorado unemployment rate falls to lowest level since March 2020
Colorado’s unemployment rate fell to 6.2% in May, breaking a three-month logjam when the rate was stuck at 6.4% and reaching the lowest level since March 2020, when the COVID-19 pandemic triggered widespread restrictions on businesses. Nearly four times as many people found jobs last month as returned to or entered the job market, reducing…
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Children’s Hospital Colorado ranked 6th in America by magazine
Aurora-based Children’s Hospital Colorado, which operates a hospital in northern Colorado Springs, was ranked as the nation’s sixth best pediatric hospital by U.S. News & World Report for a second consecutive year. Children’s Hospital Colorado declares state of emergency over mental health, suicide The magazine ranked the nation’s top 50 children’s hospitals, headed by Boston…