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Recent Stories in Business

A Quiet Fortune: Should you use a financial adviser?

March 26, 2017 — Money markets, ETFs, traditional IRAs … blah, blah … PE ratios … blah blah, blah … Roth IRAs, fund companies, SEPs, selling short … Have your eyes glazed over yet? Did your mind turn off? Are you thinking about how beautiful it is outside or […]

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Business Briefs March 27, 2017

March 26, 2017 — Massage therapist Lizz Arias joins Midland Fitness Massage therapist Lizz Arias has joined Midland Fitness. Arias received her training from the Lotus Education Institute in Carbondale. She has also earned her BA in communications from the University of Colorado at Boulder. Arias works with Midland's […]

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Forest Service favors Aspen Skiing Co. plan for alpine coaster at Snowmass

March 22, 2017 — A summer plan that features new hiking and biking trails but also opens the national forest at Snowmass to new uses such as an alpine coaster is favored for approval by the U.S. Forest Service. The White River National Forest released a Final Environmental Impact […]

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J.C. Penney store at Glenwood Mall to close

March 17, 2017 — The J.C. Penney store at the Glenwood Springs Mall is among 138 locations nationwide that the company said Friday it will shutter in the coming months as the retailer seeks to cut costs and improve its profitability. Like other department stores, J.C. Penney Co. is […]

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Thriving or surviving in downtown Basalt? Business indicators provide mixed stew

March 15, 2017 — Sales tax revenue for Basalt increased 3.8 percent last year and set a record, but some downtown business operators say that's an incomplete picture of what's happening in their neck of the woods. Business indicators show a mixed bag in the traditional commercial core of […]

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Business Briefs March 13, 2017

March 12, 2017 — Cyber-attack information sessions DTCI is offering a free one-hour cyber-attack information session for local businesses. Discussion topics include knowing what anti-virus protection to have in place; educating users about ransomware and phishing; understanding the importance of backing up your data; and properly protecting your data […]

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Bankers’ Hours column: A new meaning for ‘too big to fail’

March 12, 2017 — A few weeks ago, the administration hosted a conclave for business bigwigs and bankers. One of the prominent personages at the conclave was Jamie Dimon, chairman of JP Morgan-Chase, one of the alpha males among the big dogs in banking. Jamie was lauded as a […]

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Inside the Chamber: Glenwood’s future begins at Issues and Answers tonight

March 5, 2017 — I openly professed my love for Glenwood Springs in a column about a year ago, and I know I'm not the only one who cherishes this community and the people in it. This is evident in the fact that nine citizens are running for just […]

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Basalt chamber, CEO decide by mutual decision to part ways

February 28, 2017 — After weeks of confusion, the Basalt Chamber of Commerce announced Tuesday that its board of directors voted to accept the resignation of president and CEO Robin Waters at a recent meeting. The announcement ends the befuddlement among some chamber members over what was happening at […]

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A Quiet Fortune: What can a 28-year-old with $42 do? (Get rich)

February 26, 2017 — A 28-year-old man went to a financial adviser with $42 in his pocket. "I don't know what to do with this money," he said. "But I want you to show me." He saved all of his extra money every month and invested it like his […]

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Personal finance column: Picking your financial “F word”

February 26, 2017 — As a consumer of financial advice and products in a variety of forms, from savings to brokerage accounts, from mortgages to insurances, you would think that professionals in the field have your best interest in mind. Unfortunately, the industry is rife with "frauds" looking for […]

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Business Briefs February 27, 2017

February 26, 2017 — RE/MAX Country top agents for 2016 Becky Warner was RE/MAX Country top listing agent for 2016. Warner finished the year strong with the most closed listings among all the RE/MAX Country offices. She has 22 years experience in the real estate business and holds the […]

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2016 sets record for retail sales in Glenwood Springs

February 23, 2017 — Glenwood Springs had a second-straight record year in terms of retail sales activity in 2016, but the reason isn't entirely that people were simply buying more stuff. A look at cost-of-living data year over year reveals that at least a portion of the increase in […]

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Basalt collected record sales tax revenue in 2016, though growth rate slowed

February 21, 2017 — Cumulative retail sales increased for the sixth straight year in Basalt in 2016, according to a report by the town's Finance Department. The town collected $4.82 million through its 3 percent sales tax in 2016. That was an increase of 3.8 percent from the $4.65 […]

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Inside the Chamber column: The more things change the more they stay the same

February 19, 2017 — My good friends Doug and Karen Christner taught me everything I needed to know about retail. In the 1980s they opened a store called "The Music Box" in the Glenwood Springs Mall. They sold records and tapes. When Wal-Mart came to town they saw those […]

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Business Briefs: Local business leaders form integrated services firm

February 19, 2017 — Local business leaders form integrated services firm A number of well-established local business leaders have joined forces to create a new company that will offer real estate sales and leasing, residential and commercial property and HOA management. The firm also combines experience in financial services […]

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Business Briefs February 13, 2017

February 12, 2017 — Jodi Manera honored by Gold Star Realty Jodi Manera was recognized with an "Above and Beyond Award" at the January sales meeting at Gold Star Realty Inc. Manera has been a real estate broker with Gold Star Realty for 10 years and was the office […]

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A Quiet Fortune column: Is a $400 need an emergency for you?

February 12, 2017 — If you had an emergency that demanded a $400 fix, could you take care of it without borrowing the money or selling something? If your answer is "No," you have company. According to the Federal Reserve Board, 47 percent of us would view a $400 […]

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Alpine Bank giving through debit cards nearly $1M in 2016

February 5, 2017 — In 2016, Alpine Bank donated $989,719.76 to local nonprofit groups and projects with money generated from the Loyalty Debit Card program. Alpine launched the Loyalty Debit Card program in 1997, and it has become a unique and easy way for customers to give to their […]

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Bankers’ Hours: Cutting home ownership breaks could free up big money

February 5, 2017 — The first act of the new administration was to cancel the decrease in the FHA mortgage insurance premium, which had been lowered just last month. (This premium is what an FHA borrower pays for the federal government to insure the loan against default.) This is […]

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