Recession

Development
2:46 pm
Tue October 14, 2014

Hotel Construction A Sign Of Progress In Willits Town Center

A construction crew works on the site of a new hotel in Willits. The hotel, called "Element by Westin" is expected to open in late 2015.
Credit Marci Krivonen

Construction has started on a new 112-bed hotel in Willits that’s scheduled to open next year. At a groundbreaking event on Tuesday, developers said the hotel is another indicator of a turnaround at Willits, where work stalled during the recession. Aspen Public Radio’s Marci Krivonen reports.

Workers in fluorescent yellow vests dig dirt at a construction site alongside Highway 82. This is the latest sign of development and recovery at Willits.

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The Great Recession
11:32 am
Wed July 16, 2014

Bringing CitiBank to Justice

John Walsh; U.S. Attorney for District of Colorado
Credit DOJ

Reaction continues to come in to Monday’s massive 7 billion dollar settlement between Citigroup and the US Justice Department over misconduct that contributed to the great recession of 2008. Citigroup will pay four billion dollars in fines plus 2.5 billion for what’s called consumer relief.  

The US Attorney for the District of Colorado, John Walsh played a major role in the sleuthing of Citi’s wrongdoing.  He spoke from his office in Denver with APR’s Roger Adams.

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Business
10:43 am
Thu May 30, 2013

State Updates Job #’s For End of 2012

Credit Elise Thatcher

There were about 4400 more jobs last November than previously thought. That’s according to the latest numbers from Colorado’s Department of Labor and Employment. Chief Economist Alexandra Hall says the update doesn’t increase the overall average number of jobs during the fourth quarter of 2012. But the update does show Colorado's job numbers appear to be accurately reflecting the state's economy.

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