Business

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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3:03pm

Wed January 11, 2012
Business

Cadillac Gears Up To Take On German Automakers

Start Your Engines: With Cadillac's unveiling of the ATS — a compact luxury car — the Detroit automaker put itself in direct competition with BMW's 3 Series and Mercedes-Benz's C-Class.
Geoff Robins AFP/Getty Images

This year's auto show in Detroit could set the stage for a shake-up in the fiercely competitive — and hugely profitable — luxury car scene. That's because there's a new kid on the block, and its name is Cadillac.

The General Motors company says its new small, high-performance ATS will allow it to compete for the first time with Audi, Mercedes-Benz and BMW. But getting a brand-new luxury car like the ATS ready for market can be a grueling process.

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7:51am

Wed January 11, 2012
The Two-Way

Fannie Mae CEO Will Step Down

Originally published on Wed January 11, 2012 7:47 am

Fannie Mae President and CEO Michael Williams testifies before the House Financial Services Committee's Oversight and Investigations Subcommittee in December.
Chip Somodevilla Getty Images

Michael J. Williams said he is stepping down as chief executive of the quasi-governmental mortgage giant Fannie Mae. The company made the announcement late last night, saying Williams will wait to step down until the board of directors names a successor.

"I decided the time is right to turn over the reins to a new leader," Williams said in a statement.

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