Denver ranks No. 5 on a list of the nation's 10 most affordable destinations for fliers this summer, based on air fares, according to Cheapflights.com. The website, which specializes in finding and publishing travel deals online, said the average roundtrip fare to and from Denver is $243. Chicago ranks No. 1, with average fares of $218. The ranking comes from an analysis of air fare deals that Cheapflights.com users have found during the past 90 days. "We have millions of visitors looking for...

Two Dayton-area communities are getting $5.8 million from the state to clean up old commercial sites. On Friday, the state announced Dayton was awarded $3 million for work at the former General Motors Corp. site at 2701 Home Ave. The city will use the funds to clean contaminated soils, remove asbestos and general waste, as well as demolish existing buildings. The National Park Service plans to purchase and restore the historic buildings at the site to become part of the Dayton Aviation Heritage...

Welcome to the Denver Business Journal's Tech Watch, our roundup of today's tech news from around the nation, featuring reports on Facebook, SpaceX, Microsoft, Motorola Mobility, IHS, Zynga, Yelp, Boeing, General Dynamics, Northrop Grumman, Boston Scientific and more. And click here for more DBJ tech coverage. Facebook shares fall flat on IPO debut Facebook buys social gift app maker Karma Zynga, Yelp down as Facebook closes flat 5 warning signs that time to invest in Facebook is over ...

El Paso Pipeline Partners LP will acquire the remaining 14 percent interest in Colorado Springs-based Colorado Interstate Gas Co. LLC and all of Cheyenne Plains Investment Co. LLC from El Paso Corp. for $635 million and the assumption of about $242 million in debt. Colorado Interstate Gas (Cigco) has about 4,300 miles of natural gas pipeline in Colorado, Wyoming and neighboring states. The transaction between El Paso Pipeline (NYSE: EPB) and El Paso Corp. (NYSE: EP) is expected to close during...

A new World of Beer franchise will open on Mill Avenue in the old Tempe National Bank building this summer. WOB General Manager John Paul Watts, who will head up the new franchise, said the company believes Tempe to be a great location and will open a location July 23. “We believe the biggest and earliest growth is going to be in the Southwest,” Watts said. “Phoenix is a great market.” Watts said the fact WOB CEO Ben Novello is an ASU alumnus also might have influenced the decision. The...

The world can be ridiculously small. When I was in Hong Kong a few weeks ago on vacation, I ran into Iain Reed, a veteran in financial research and an entrepreneur whose company creates financial data management software. Over dinner with a few friends, he mentioned he was starting Southeast Asia’s TiE chapter and would be at the global TiE conference, May 18-19 in Santa Clara. Fast forward a few weeks, and I met up with him at the opening night reception with some of his other charter members....

Arizona State University students who receive their health services at ASU’s clinics will now have access to Mayo Clinic expertise. ASU Health Services will join the Mayo Clinic Care Network that allows ASU to tap into Mayo Clinic’s services and tools, including AskMayoExpert, a tool that provides disease management and treatment recommendations, and eConsults, which will allow ASU doctors to electronically connect with Mayo experts on specific questions. ASU and Mayo Clinic have been collaborating...

Arizona Public Service Co. has recognized six companies as its suppliers of the year, an annual awards program the utility uses to recognizes those with which it does business. APS recognized the companies in six categories that it views as critical to its supply chain. The companies were: • Rohrer Corp. for corporate services in helping APS mail out its annual customer account summaries. • Southwest Ground Control LLC for energy deliver and facility services in removing brush from near power...

Houston artist Mark Bradford and his wife Nicole were the big winners at the 2012 Houston Art Car Parade with their 12-foot walking creature known as "Mr. Green." The Bradfords' creation won the Mayor's Cup at this year's annual parade of quirky vehicles held May 12, featuring 277 entries. "Mr. Green," made entirely from recycled scrap metal, also earned the top cash prize of $2,000. Click on the image at right to view a slideshow of the winners from the 2012 Houston Art Car Parade. The Grand...

Millions of people already have their own ISA, but if you are completely clueless when it comes to stocks and shares ISAs, don’t worry. This guide offers you a beginner’s introduction to the subject to give you an overview of what they are and some key points you need to know if you are thinking [...]

Use of prepaid debit cards continues to increase, reaffirming both continued personal finance troubles for many Americans as well as general distaste for banks. New stats reported by Javelin Strategy & Research show that the percentage of consumers who purchased prepaid cards rose from 11% to 13% between 2010 and 2011. The amount of cash [...]

It’s a sad fact of life that many businesses – particularly small businesses – don’t reach their first birthday and fewer still reach their third birthday. If you have owned a business (big or small) that has had at its core a provision of professional skill or advice then you will probably have had Professional Business [...]

A single right answer cannot be provided to this question since multiple variables affect it based on the type of debt and savings options toppled with the person’s needs. The majority of people would suggest that debt should be paid off first, but it is not always so. Financial and long term goals must be [...]

In today’s world, it is important to have enough knowledge about buying gold bullion. This is said to be one of the best gold of its kind. There are many choices available in the market. Mints will offers them as gold bars and coins. When you are buying gold, buy it in good quantity. It [...]

In this economy, it’s no surprise that more and more people are stressing over personal finance issues.  Whether your concerns stem from credit problems, pricey loans, banking issues, or even just saving money in general, it’s hugely beneficial to learn a thing or two about some ways to protect and ensure your financial freedom.  The [...]

Everyone has a dream of owning their own house some day. Once you have achieved your dreams, you cherish it and take good care of it. After all, you live in your house of your own dreams. It now becomes your moral responsibility to protect it from any untoward incidence, unexpected calamities, and disasters. You [...]

Out of the many important expenses in our daily lives, health related expenses can often turn out to be very expensive and cannot be overlooked at all. The best way to handle this issue is to have a health insurance policy. Medical insurance can be a life saver when you have fallen seriously ill all [...]

In today’s economy, bankruptcy is no more surprising as people who were financially very strong in their whole life have fallen into the pit of bankruptcy all of a sudden. Foreclosures are going on everywhere, and more and more people are filing up the paperworks due to the downfall of the economy. In such a [...]

Credit Suisse AG (CS, CSGN.VX) has informed Argentine conglomerate Grupo Petersen that it must pay back loans used to buy a stake in oil company YPF SA (YPF, YPFD.BA) after it missed a $400 million payment.

ConocoPhillips (COP) is expected to make an additional $5 billion investment to ramp up its operations in Malaysia, the New Straits Times daily reported Saturday citing Malaysia's Prime Minister Najib Razak.

In his most partisan remarks since J.P.

The Queensland government has withdrawn its support for a 9 billion Australian dollar (US$8.86 billion) coal port expansion in the northern part of the state, in a sign the country's resources boom is losing steam.

South Korea's KB Financial Group Inc. (105560.SE) and Korea Life Insurance Co. (088350.SE) submitted separate bids to buy ING Groep N.V.

Some Motorola Mobility smartphones infringe on a Microsoft patent and will be barred from importation in to the United States, a U.S. trade panel said on Friday.

TOP STORIES: CFTC AGRICULTURE: Managed Funds Trim Length In CBOT Soybeans CHICAGO -(Dow Jones)- Money managers reduced length in Chicago Board of Trade soybean futures, government data showed Friday, as investors reduced risk across broader asset classes.

Wall Street dealers raised risk premiums on a pair of commercial mortgage-backed securities to the highest levels for new issues since December, as the market was swept into the European sovereign-debt storm, according to investors familiar with the offerings.

Spanish oil firm Repsol YPF SA (REP.MC) said Friday that an exploratory well in Cuban waters wasn't successful and will be capped.

Chinese regulators have approved Google's $12.5 billion acquisition of Motorola Mobility, clearing the deal's last hurdle.

Some Motorola Mobility smartphones infringe on a Microsoft patent and will be barred from importation in to the United States, a U.S. trade panel said on Friday.

The Securities and Exchange Commission will review the Nasdaq trading glitches surrounding the initial public offering of Facebook Inc. on Friday, an agency spokesman said.

General Motors Co. will not advertise in next year's Super Bowl because it is too expensive, the top marketing executive for the U.S. automaker said three days after the company announced it was dropping paid ads on Facebook Inc.

Chipotle Mexican Grill Inc. on Friday said it received a subpoena from the U.S. Securities and Exchange Commission as part of that agency's investigation into the burrito chain's hiring practices.

NEW YORK (Reuters) - Stocks were little changed on Friday, reversing earlier gains after Facebook Inc stumbled in its market debut after a delayed opening. Shares of the social networking giant were volatile in early trading, falling to near breakeven levels after early gains of more than 10 percent. In early trading it was the Nasdaq's most actively traded stock, with more than 100 million shares traded in the first five minutes of trading. After a delay in the opening print that drove up anxiety levels among traders and onlookers outside the Nasdaq, the company's closely watched stock began trading at $42.05, compared with an IPO price of $38. It rose as high as $45 before pulling back. The Nasdaq said it was investigating an issue in delivering trade execution messages from the IPO cross in Facebook. "We're under a little bit of pressure after this less-than-amazing opening, which is not elevating the market like some had speculated," said Frank Davis, director of sales and trading at LEK Securities in New York. Shares of companies in the online social media sphere were trading lower. LinkedIn fell 0.6 percent to $104.28 and Groupon Inc fell 5.5 percent to $12.20. Zynga was halted down 13 percent at $7.17. With the decline, the S&P 500 is on track for a sixth straight day of declines as well as its worst week since the last week of November. The Dow Jones industrial average was up 0.91 points, or 0.01 percent, at 12,443.40. The Standard & Poor's 500 Index was up 1.18 points, or 0.09 percent, at 1,306.04. The Nasdaq Composite Index was down 0.14 points, or 0.00 percent, at 2,813.55. The S&P has fallen 6.8 percent so far in May, largely on the back of uncertainty over a political crisis in Greece and whether that could trigger a default and possible exit from the euro zone. While volatility is expected to continue, some analysts were forecasting a near-term rebound as valuations become more attractive. While much of the market's focus was on Facebook, uncertainties continued to swirl around Europe, and investors remained skittish even as a poll showed Greek voters are returning to the establishment parties that negotiated its bailout. The cost to insure Spanish government debt against default hit record highs Friday, a day after Moody's cut its ratings on 16 Spanish banks, heightening fears of contagion from the Greek political crisis. Spanish government-run Bankia shares, up more than 25 percent on the day but still down 31 percent this month, led a rebound in Spanish banking stocks as traders closed short positions. U.S.-traded shares of Banco Santander and BBVA rose more than 4 percent each. Shares of Foot Locker jumped 10 percent to $30.82 after the athletic footwear retailer posted higher-than-expected quarterly results. Winnebago Industries Inc surged 5.8 percent to $9 after receiving an unsolicited buyout offer from North Street Capital LP, the investment firm of racing car enthusiast Alex Mascioli, valuing the No.1 U.S. motor homes maker at $321.5 million. (Editing by)

Your electric rates are going up but not until 2015.

Utopia Inc., a Mundelein-based provider of data management services, has raised $50 million from an investment group and plans to use some of the proceeds to hire 500 additional U.S. employees in 2012, including about 100 based out of its headquarters.

The trustee for MF Global Holdings Inc.'s brokerage unit said he has received $168 million in cash from JPMorgan Chase & Co., the commodities and futures brokerage firm's main bank before its October bankruptcy.

The Euro continues to decline on rising contagion fears and growing worries that Greece will be compelled to exit the Eurozone.

Though the Euro clawed higher, it remains vulnerable as fears of a Greek exit grow on the backs of news that some Greek banks are experiencing a funding crisis.

In Asian trading, the Euro wallowed near to a 4-month low versus the U.S. Dollar, but traders expect a continued downtrend following the stalemate in Greek politics which will usher in a new election, certainly, but moreover, the increasing risk of a Greek exit from the Eurozone.

Traders are growing increasingly worried that the political impasse staged by the ruling parties in Greece will ultimately lead to the country’s pull out from the Eurozone which is pushing the common currency lower in Asian trading.

Greece’s political leaders failed again to find some common ground and form a coalition government to move the country forward, with the likely outcome first another election within the next few weeks and later a possible withdrawal from the Eurozone.

The Euro struck a 3½ month low against the U.S. Dollar in Asian trade as news of $2 billion over the past six weeks in trading losses by JP Morgan caused some market jitters and risk aversion.

The Euro continues to hold close to a multi-months low versus the U.S. Dollar held there by Greece’s political deadlock.

The Euro strayed near to a recently struck 3-month low during the Asian trading session as investors worry that political uncertainty in the Eurozone may jeopardize plans to tackle the debt crisis there.

The Euro remains under pressure in the wake of Eurozone elections but analysts say that short covering could provide some support.