Author: Wayne Heilman Special to the Gazette
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Survey: Colorado Springs job market to heat up in second quarter
The Colorado Springs job market will strengthen in the second quarter but won’t be as robust as a year ago, according to a survey from staffing giant ManpowerGroup. The employment outlook, calculated by subtracting the percentage of employers planning staff cuts from the percentage anticipating expansion, is expected to be 26 percent in the April-to-June…
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Colorado Springs cybersecurity symposium stresses avoiding disclosing personal information
Hackers and cyber criminals aren’t so much trying to attack computer network security measures as they are looking for vulnerabilities in people who use and operate those networks as a gateway to access them. That point was hammered home by the winning team of hackers during a cybersecurity “war game” hosted by information technology giant…
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Colorado Springs investment adviser, firm tied to $1.2 billion Ponzi scheme
Colorado Springs investment adviser Laurent Carrier and his company, Carrier Financial Services, have surrendered their Colorado securities licenses in an agreement with state regulators over their involvement in a $1.2 billion Ponzi scheme. A Colorado Division of Securities investigation found Carrier and his company allegedly sold $5.1 million in unregistered securities for the Woodbridge Group…
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Colorado Springs companies hit by one-time tax writeoffs
One-time tax writeoffs related to federal tax cuts enacted late last year triggered earnings declines in 2017 for Gold Resource Corp. and Century Casinos Inc. Both companies, which are based in Colorado Springs, reduced the value of tax benefits on their balance sheets after Congress cut the federal income tax rate on corporations from 35…
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Colorado Springs map provider closing after 40 years
MacVan Map Co., which has been producing maps of the Pikes Peak region for 40 years, will close March 31, a victim of the technological advances in cars, smartphones and other devices that help keep people from getting lost. MacVan General Manager Bob Stanley, one of two remaining employees of a company that once employed…
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Colorado Springs hospital system CEO Margaret Sabin resigns
Margaret Sabin said Wednesday she will resign March 16 as CEO of Penrose-St. Francis Health Services after nearly 10 years of transforming the company from a financially struggling also-ran into a major local health care player and launching an ambitious restructuring of its two-hospital system. Sabin plans to “remain very active in the Colorado Springs…
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Former Homeland Security secretary: Politicians aren’t taking cybersecurity threat seriously enough
Politicians aren’t taking cybersecurity seriously enough, former Department of Homeland Security Secretary Tom Ridge said Wednesday in Colorado Springs. “I don’t see a sense of urgency in the political world about how serious this challenge is,” Ridge said in a luncheon speech during the Rocky Mountain Cyberspace Symposium at The Broadmoor hotel. “We have been…
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ReStore named top social impact business in Colorado Springs
Pikes Peak Habitat for Humanity’s ReStore outlet was honored Friday as the top social impact business in Colorado Springs by the Colorado Institute for Social Impact. The outlet at 411 S. Wahsatch Ave. sells donated scrap or unneeded construction materials to consumers to keep items out of local landfills and generate support for Habitat. The…
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Cofounder returns to Colorado Springs software company as interim CEO
Vance Brown has accepted a second interim CEO position to return to Cherwell Software LLC, a company he cofounded and served as its longtime CEO. His replacement resigned in January after 16 months in the position. Brown, who also is interim CEO of the National Cybersecurity Center in Colorado Springs, had been part of a…
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Shares in Colorado Springs defense contractor Vectrus soar after better-than-expected financial results
Shares in Colorado Springs-based military contractor Vectrus Inc. surged 35.2 percent to a record $36.95 in heavy trading Friday on the New York Stock Exchange after the company reported revenue and earnings that beat both its own and stock analysts’ forecasts. Revenue for 2017 was down from 2016, but Vectrus easily beat analysts’ forecasts for…