Getting into the zone: Trade program benefits touted

Phil Castle, The Business Times Foreign trade zones help businesses  take advantage of what’s literally a world of opportunities, according to the president of a national trade association of entities and businesses involved in the federal program. The benefits from deferring, reducing and even eliminating custom duties apply to a foreign trade zone proposed for […]

Students pitch ideas at E-day event

Four students who’ve come up with a plan to develop a self-erasing whiteboard were the latest winners of an annual elevator pitch competition at Colorado Mesa University in Grand Junction. Rachael Cavalier, Adam Degemann, Ryan Kawano and Taylor Rucker placed first for their EZ-Clean whiteboard at the event, conducted as part of Entrepreneurship Day at […]

His discovery: Curiosity key to business success

Phil Castle, The Business Times John Hendricks traces the origin of many successful business ventures to the moment when an entrepreneur poses a key question or confronts a problem. Driven by  curiosity, passion and obsession, those entrepreneurs answer questions and solve problems in turning their daydreams into reality. For Fred Smith, the founder of Federal […]

Trade group out to play bigger role in Colorado energy development

Phil Castle, The Business Times        A newly formed council will draw on the resources of a national trade association in playing a greater role in energy development in Colorado, according to the leader of the state group. The American Petroleum Institute established the Colorado Petroleum Council at the request of members, but […]

With oil prices, what goes down must come up

With oil prices, what goes down must come up

Phil Castle, The Business Times As an economist who’s monitored crude oil prices for 40 years, John Felmy knows from personal experience what goes down must come up. That’s why Felmy believes slumping oil prices that have saved consumers some money at the pump but also forced energy companies to reallocate resources eventually will rebound. […]

Mesa County jobless rate holds steady

Phil Castle, The Business Times The monthly unemployment rate in Mesa County remains unchanged with only a small differences in the latest estimates for the number of people who are employed and those looking for work. Seasonal hiring continues, though. And a slowdown in oil and natural gas development related to low prices has yet […]

Colorado ranks eighth in state tax analysis

Colorado continues to rank among the top 10 states in an annual analysis of the cost of tax systems on entrepreneurship and small businesses. Colorado moved up a spot to eighth in the 2015 Small Business Tax Index prepared by the Small Business & Entrepreneurship Council. The council, a small business advocacy and research group […]

Leading index forecasts growth, but at a slowing pace

A monthly index forecasting economic conditions in the United States continues to rise, although at a slower pace that signals weaker growth. The Conference Board Leading Economic Index rose two-tenths of a point to 121.4 in March. Separate measures of current and past economic conditions also advanced. “Although the leading economic index still points to […]

West Slope groups voice support for drilling project

Kelly Sloan, The Business Times A group of Western Colorado business and trade associations support a master plan for a proposed natural gas drilling project in the North Fork Valley of Delta County. Representatives from the Delta Chamber of Commerce, Piceance Energy Action Council and West Slope Colorado Oil and Gas Association conducted a joint […]

Voters reject beltway plan, override broadband ban

Grand Junction voters rejected a plan to finance construction of a beltway, but authorized the city to explore options for broadband communication services. Rick Taggart and Chris Kennedy were elected to at-large seats on the Grand Junction City Council. They’ll join Bennett Boeschenstein, Duncan McArthur and Barbara Traylor Smith, who all were unopposed in their […]