Business

12:00am

Fri January 13, 2012
Whiteboard Video

Private Equity Explained

Private equity funds are groups of investors that flip companies for a profit. It’s the technique they use that makes them special, as senior producer Paddy Hirsch explains.

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10:01pm

Thu January 12, 2012
Economy

In GOP Campaign, Private Equity Firms Draw Flak

Originally published on Fri January 13, 2012 10:20 am

Was Mitt Romney a job-creating turnaround artist? Or was he, as some on the campaign trail have said, a "vulture capitalist"? That question has become a top issue in the Republican presidential primaries.

In the 1980s, Romney ran a private equity firm called Bain Capital. It's an industry where it's hard to avoid getting your hands dirty.

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6:43am

Thu January 12, 2012
Business

Pinnacol Wants to Go Private

Colorado’s largest carrier of workers’ compensation insurance, Pinnacol Assurance, has sent a proposal to Governor John Hickenlooper in hopes of being allowed to go private. KUNC’s Brian Larson spoke with Northern Colorado Business Report Publisher Jeff Nuttall for more.

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5:09am

Thu January 12, 2012
Business

Better Make Your Excuse For Being Late A Good One

The job-search site CareerBuilder has released a survey on the most outrageous excuses for coming in late. Employers across the country submitted gems like: I thought I won the lottery.

10:01pm

Wed January 11, 2012
Business

Luxury Tractor Makes Debut At Detroit Auto Show

Craftsman's CTX tractor series is the first to be featured at the Detroit Auto Show. The newly unveiled line is equipped with many automobile-inspired features, including cup holders.
Mercedes Mejia

At the 2012 North American International Auto Show, it's clear that the industry's love affair with alpha-numeric designations hasn't waned. There's the ATS, the 700C, the MKZ. Now comes the CTX, a new line of Craftsman riding lawn mowers. They are fast, powerful and loaded with amenities.

"Everybody knows that Detroit's the national stage for cars — Motor City is where autos come from. So this show made perfect sense to come here and launch the tractor," says Onney Crawley, Craftsman's director of brand management for lawn and garden.

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