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Colorado Business News

National & World Business News

GOP tax plan gains enough support to pass
12/15/17 15:41 - Business Headlines
Congressional Republicans secured enough support Friday to pass their massive tax plan, a measure that would deliver a major legislative victory to President Donald Trump and his GOP allies and make tax changes affecting nearly every Ame...


Utah Republican to Patagonia CEO: Come testify before Congress
12/15/17 14:25 - Business Headlines
When President Donald Trump announced he would shrink two national monuments in Utah designated by past Democratic administrations, Native American tribes and environmental groups responded by mounting lawsuits and protests against what ...


Calendar quirk, Amazon, put pressure on retailers to deliver
12/15/17 14:12 - Business Headlines
With Christmas on a Monday, most retailers have one less day to get packages delivered on time.


Investors put for sale sign on Re/Max shares
12/15/17 12:00 - Business Headlines
Investors sold off shares of Denver-based Re/Max Holdings Inc. on Friday following concerns that changes in the federal tax code could cool home sales in the years ahead.


A quarter of Denver renters are severely burdened by prices, Harvard study says
12/15/17 11:23 - Business Headlines
Nearly one in four renters in metro Denver spend half or more more of their monthly paychecks just to keep a roof over their heads, and the ratio of severely burdened renters is even higher in other metro areas in the state, according to...


Gusto expanding engineering team in Denver
12/15/17 11:08 - Business Headlines
Payroll service Gusto said it plans to quadruple the size of its engineering staff in Denver in 2018 as the company plans to add new features to its web-based payroll and benefits software aimed at small businesses.


Colorado’s largest treatment provider for drug and alcohol addiction is closing
12/15/17 09:21 - Business Headlines
Arapahoe House, which is Colorado's largest provider of drug and alcohol abuse treatment, will close its doors on Jan. 2, after years of inadequate government funding, its CEO says.


“Die Hard” is a Christmas movie, and Dish has the numbers to prove it. Not sure? Watch it for free.
12/15/17 06:56 - Business Headlines
Sling TV offers more evidence that it's a holiday must watch: Last Christmas Eve, 1,329,806 Americans watched Die Hard, which is more than "Home Alone" or "The Santa Clause."


Lawsuit details Texas woman’s death in fall from Ski Granby Ranch lift
12/15/17 06:51 - Business Headlines
The family of a Texas woman killed after being thrown from a chair lift at Ski Granby Ranch last year has filed a lawsuit against the Grand County ski resort.


A SpaceX first: Recycled rocket soars with recycled capsule
12/15/17 06:39 - Business Headlines
SpaceX racked up another first on Friday, launching a recycled rocket with a recycled capsule on a grocery run for NASA.


How Facebook’s bid to stream Indian cricket matches spurred sale of Fox to Disney
12/15/17 05:04 - Business Headlines
Three months before he struck a deal with Walt Disney Co., Rupert Murdoch got a sobering reminder of how quickly the media world was changing. He was competing for the rights to broadcast Indian cricket matches with Facebook.


“Gentrification moves fast”: A hard look at economic displacement in Denver’s most historic black neighborhood
12/15/17 00:29 - Business Headlines
For many people in east Denver, Welton Street Café is the definition of a community institution. But its owner said his restaurant is just as much at risk of being pushed out by the forces of gentrification as many other long-time reside...


This man in Britain was a renowned surgeon — until a doctor found his initials burned on a patient’s liver
12/14/17 17:35 - Business Headlines
Patients often can't help but wonder what doctors and nurses are doing while they're sedated.


Rubio defection threatens GOP’s slim majority on tax bill
12/14/17 16:56 - Business Headlines
The Republicans' razor-thin margin for driving their sweeping tax package through the Senate was thrown into jeopardy Thursday when GOP Sen. Marco Rubio declared he will vote against it unless negotiators expand the tax credit that low-i...


Fox’s “The Simpsons” “predicted” the sale to Disney — two decades ago
12/14/17 15:22 - Business Headlines
Yes, "The Simpsons" even predicted its own future parentage.


DaVita pharmacy unit pays $63.7 million to settle claims of improper billing and kickbacks
12/14/17 12:47 - Business Headlines
A pharmacy services unit of the Denver-based dialysis provider DaVita Inc. will pay $63.7 million to resolve allegations it improperly billed federal healthcare programs and paid illegal financial inducements to patients, the U.S. Depart...


Alpine Modern cafes could be first in Boulder to turn down hard dollars and cents
12/14/17 12:45 - Business Headlines
After the New Year, you'll no longer be able to buy a breve latte with your wrinkled ones, nor will a handful of change get you a chai tea at Alpine Modern in Boulder. The cafes are going cashless.


Friday is deadline in Colorado to buy health insurance that starts Jan. 1
12/14/17 12:10 - Business Headlines
While people in states using the federal health insurance exchange face a hard deadline Friday to buy health insurance, open enrollment on Colorado's exchange will remain open until Jan. 12, though Friday is the deadline to sign up for p...


Gonorrhea infections are increasing in the Denver metro area and many are resistant to antibiotics
12/14/17 12:03 - Business Headlines
Cases of gonorrhea in Colorado have doubled since 2012, and public health officials say regular screening is needed to prevent the spread of strains that are resistant to antibiotics.


Former GOCO chief named to lead national Outdoor Foundation
12/14/17 11:15 - Business Headlines
Veteran conservationist Lise Aangeenbrug has been named executive director of the Outdoor Foundation, the philanthropic arm of the Outdoor Industry Association. She was selected from a field of more than 100 candidates.


Now that FCC voted to repeal net neutrality, the Colorado tech community ponders what is next
12/14/17 10:53 - Business Headlines
Now that net neutrality has been repealed, experts say the case will likely end up in court or Congress. A movement among Democrats to reverse the order, however, would need bipartisan support, a veto-proof majority and a presidential si...


Found: Another star system with eight planets, just like ours
12/14/17 09:28 - Business Headlines
Only a computer program, newly invented, could have detected the exoplanet in Kepler's massive database.


Developers propose $6.5 million youth hostel built with shipping containers for Silverthorne
12/14/17 05:39 - Business Headlines
Developers hope to build $6.5 million hostel made of storage containers in Summit County.


FCC votes down Obama-era net neutrality rules
12/14/17 05:26 - Business Headlines
The Federal Communications Commission has voted on party lines to undo sweeping Obama-era "net neutrality" rules that guaranteed equal access to internet.


Where Colorado’s 9 members of Congress stand on net neutrality
12/14/17 05:13 - Business Headlines
The Federal Communications Commission is set to vote Thursday on whether to repeal open internet rules adopted two years ago known as net neutrality. Here's where Colorado's nine members of Congress stand.


Aid-in-dying medications can run from $500 to $4,000 in Colorado
12/14/17 04:07 - Business Headlines
The most often used aid-in-dying medication is secobarbital, marketed under the trade name Seconal, a sedative that can be lethal in larger doses.


Voting for aid in dying was easy, but one Colorado couple struggled toward a graceful death
12/14/17 03:55 - Business Headlines
The experience of Kurt and Susan Huschle reflected the gap between concept and realization that characterized the first year under Colorado's aid-in-dying law. While physicians, pharmacists and hospice workers sorted out their roles in t...


Ousted CEO of Denver cannabis tech firm MassRoots reclaims helm of marijuana tech firm
12/14/17 03:34 - Business Headlines
MassRoots Inc. on Thursday disclosed the reappointment of Isaac Dietrich as chief executive and the replacement of three board members.


Disney buying large part of 21st Century Fox in $52.4B deal
12/13/17 23:44 - Business Headlines
Disney is buying a large part of the Murdoch family's 21st Century Fox in a $52.4 billion deal, including film and television studios, cable and international TV businesses as it tries to meet competition from technology companies in the...


Rockefeller and the secret land deals that created Grand Tetons National Park
12/13/17 17:53 - Business Headlines
The audacious plan was hatched in secret. In the 1920s, John D. Rockefeller Jr. - son of the Standard Oil founder, ardent conservationist and one of America's richest men - agreed to surreptitiously acquire thousands of acres of breathta...


Alexa, can I do my holiday shopping through you?
12/13/17 15:27 - Business Headlines
It was a few weeks before Christmas and time to put my voice assistant to the test: Could I just shout out the gifts I needed to buy without having to get on a smartphone or computer?


Trump condo prices falling in Manhattan, report finds
12/13/17 15:17 - Business Headlines
In Manhattan, where Donald Trump built his empire, prices for condos in buildings bearing his gilded name are falling in the first year of his presidency.


Amazon pushing holiday shopping in Denver to 11th hour of Christmas Eve
12/13/17 14:04 - Business Headlines
This Christmas, last-minute shopping goes to a new extreme in Denver.


Most people want to die at home, but many land in hospitals getting unwanted care
12/13/17 13:41 - Business Headlines
Using data from the Dartmouth Atlas - a source of information and analytics that organizes Medicare data by a variety of indicators linked to medical resource use - we recently ranked geographic areas based on markers of end-of-life care...


Chipotle moving corporate HQ into Denver’s forthcoming 1144 Fifteenth tower
12/13/17 12:40 - Business Headlines
Denver's newest skyscraper will be home to one of the city's most recognizable home-grown business by the end of next year. Chipotle is moving its 450 downtown corporate staff into the 1144 Fifteenth tower by the end of 2018.


T-Mobile snaps up Denver’s Layer3 TV to launch new service
12/13/17 12:06 - Business Headlines
T-Mobile to launch new TV service as part of deal to buy Layer3 TV, Denver startup that offers high-definition TV online.


Middle Boulder Creek watershed is hands off under new Eldora expansion agreement
12/13/17 11:47 - Business Headlines
When the time comes for Eldora to grow, the resort won't send a ski into the Middle Boulder Creek watershed.


Fracking sites raise the risk of low-birth-weight babies, new study says
12/13/17 10:27 - Business Headlines
Living within a half mile of a hydraulic fracturing site carries a serious risk for pregnant women, a new study says.


El Paso County welcomes tiny homes in unincorporated areas
12/13/17 06:34 - Business Headlines
El Paso County will allow tiny houses in unincorporated areas, commissioners agreed unanimously on Tuesday.


Appeals court keeps uranium mining ban around Grand Canyon but allows nearby mine
12/12/17 17:30 - Business Headlines
The U.S. Court of Appeals for the 9th Circuit on Tuesday upheld a 20-year ban on uranium mining around Grand Canyon National Park but ruled in a separate case that a uranium company could open a mine nearby.


What's the Best Age to Claim Social Security? It Depends on Your Health
12/16/17 05:18
The state of your health needs to be a driving factor in deciding when to take benefits. Here's why.


U.S. Justice Department, AT&T settlement talks failed: court filing
12/16/17 04:41
WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing o...


P&G appoints Peltz to board despite losing proxy battle
12/16/17 04:38
(Reuters) - Procter & Gamble Co said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company.


George Clooney is working on a Watergate series for Netflix
12/15/17 21:26
George Clooney is taking on Watergate.


Uber should have given court an ex-employee's letter about 'fraud and theft' in Waymo case
12/15/17 20:34
SAN FRANCISCO (Reuters) - Ride hailing company Uber was obligated to turn over to a U.S. federal judge a letter from a former employee that told of the company's "fraud and theft" and mentioned evidence of stolen trade secrets nailed "li...


What's in the GOP's final tax plan
12/15/17 20:13
Read full story for latest details.


Sexual harassment allegations swirl around ESPN
12/15/17 19:52
ESPN is denying allegations of sexual harassment against one of its anchors, John Buccigross.


Healthcare draws election-year worry, but 2016 repeat not seen
12/15/17 19:50
NEW YORK (Reuters) - With another election year looming, investors in the healthcare sector are wary the coming months could reopen wounds suffered during the 2016 U.S. presidential race.


George Clooney is working on a Watergate series for Netflix
12/15/17 19:26
George Clooney is taking on Watergate.


Attention, teachers: You can keep your deduction for classroom supplies
12/15/17 19:23
It's better than nothing.


CHART: How The New Version Of The Republican Tax Bill Would Affect You
12/15/17 19:12
The bill would lower the rate for top earners and also let graduate students keep their tuition waivers


Attention, teachers: You can keep your deduction for classroom supplies
12/15/17 19:07
It's better than nothing.


Attention, teachers: You can keep your deduction for classroom supplies
12/15/17 18:49
It's better than nothing.


Unilever to sell spreads business to KKR for $8 billion
12/15/17 18:49
(Reuters) - Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.


Episode 813: The Produce Show
12/15/17 18:32
Five reporters go to the New York Produce Show and Conference, each on a mission.


Alimony will now be taxed under GOP bill
12/15/17 18:22
Breaking up is hard to do. But the GOP tax bill could make it even harder, divorce lawyers say.


Facebook: Social media scrolling can make you feel bad
12/15/17 18:15
It's not quite like tobacco companies warning about the dangers of smoking, but Facebook is acknowledging something many already know: Passively scrolling through social media can make you feel bad.


Grad students: You've been spared under the GOP tax plan
12/15/17 17:51
Lawmakers have spared graduate students from having to start paying income tax on their tuition waivers.


Hamburger chain Wendy's to reduce antibiotic use in beef supply
12/15/17 17:47
CHICAGO (Reuters) - Hamburger chain Wendy's Co laid out plans on Friday to trim the use of antibiotics that are important to human medicine from its beef supply, the latest step by a food company to fight concerns about resistance to the...


P&G appoints Peltz to board despite losing proxy battle
12/15/17 17:38
(Reuters) - Procter & Gamble Co said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company.


Wall Street closes at records with tax overhaul in sight
12/15/17 17:34
NEW YORK (Reuters) - Wall Street's three major indexes climbed to record closing highs on Friday with broad-based gains as a long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass.


Will Obamacare survive the tax bill?
12/15/17 17:19
Republicans failed to repeal Obamacare earlier this year, but it's likely they will now succeed in axing a key provision of the health reform law.


Embraer sees 2024 commercial launch for Uber flying cabs
12/15/17 17:15
SAO PAULO (Reuters) - A network of electric aircraft Uber Technologies Inc is developing with Embraer SA is likely to launch commercially in 2024, the Brazilian planemaker's chief executive said on Friday, adding a year to the latest for...


The Latest: GOP tax bill guts health insurance mandate
12/15/17 16:50
The Latest on Republican tax overhaul legislation (all times local): 10 a.m.


Detroit Free Press fires opinion editor after investigation
12/15/17 16:47
The Detroit Free Press announced it has fired Stephen Henderson, the newspaper's managing director of opinion and commentary, after finding what it called credible allegations of inappropriate behavior with female colleagues.


Leading U.S. antitrust senator urges hearing on Disney, Fox deal
12/15/17 16:45
WASHINGTON (Reuters) - Senator Amy Klobuchar, the top Democrat on the Senate antitrust panel, urged the subcommittee on Friday to hold a hearing on Walt Disney Co's plan to buy a number of Twenty-First Century Fox Inc businesses.


These 2 Tech Stocks Are Ridiculously Cheap
12/15/17 16:43
Tech stocks have enjoyed a stellar 2017, but there are still bargains to be had.


Costco Wholesale and Hess rise; Oracle and CSX tumble
12/15/17 16:41
Stocks that moved substantially or traded heavily on Friday: Oracle Corp., down $1.89 to $48.30


The Latest: GOP tax bill opens Alaska refuge to oil drilling
12/15/17 16:40
The Latest on Republican tax overhaul legislation (all times local): 10 a.m.


Facebook: Social media scrolling can make you feel bad
12/15/17 16:33
It's not quite like tobacco companies warning about the dangers of smoking, but Facebook is acknowledging something many already know: Passively scrolling through social media can make you feel bad.


Leading U.S. antitrust senator urges hearing on Disney, Fox deal
12/15/17 16:33
WASHINGTON (Reuters) - Senator Amy Klobuchar, the top Democrat on the Senate antitrust panel, urged the subcommittee on Friday to hold a hearing on Walt Disney Co's plan to buy a number of Twenty-First Century Fox Inc businesses.


House GOP invites Patagonia to speak about monument cuts
12/15/17 16:33
A Republican-led House committee is inviting the founder of outdoor retail company Patagonia to testify about an issue that has ignited a public feud: President Donald Trump's decision to shrink two sprawling Utah national monuments.


10 Highest-Yielding Dividend Stocks: Are Any Worth Buying
12/15/17 16:33
These companies offer the fat payouts income investors love, but all too often, extra-high yields are a danger signal.


Campbell Soup, Snyder's-Lance shares rise on deal report
12/15/17 16:27
Shares of Campbell Soup and Snyder's-Lance have risen after a report that the soup company is in advanced talks to buy the pretzel maker.


Trump Administration Moves To Kill Rules For Organic Eggs
12/15/17 16:20
It's the latest Obama-era agriculture regulation to go on the chopping block. This one governs the treatment of animals on organic farms. But most organic farmers actually support the rule.


Trump Administration Moves To Kill Rules For Organic Eggs
12/15/17 16:20
It's the latest Obama-era agriculture regulation to go on the chopping block. This one governs the treatment of animals on organic farms. But most organic farmers actually support the rule.


The Hill's Will Sommer studies conservative media stars in the age of Trump
12/15/17 16:19
Conservative media is having an unprecedented amount of sway in the American electorate -- and there are few outlets where the push for influence is more apparent than it is at Breitbart.


The Latest: Final GOP bill creates 7 tax brackets
12/15/17 16:19
The Latest on Republican tax overhaul legislation (all times local): 10 a.m.


Report: Rich will get still richer unless policies change
12/15/17 16:17
A report shows inequality stabilizing at high levels in most countries, despite gains among the poor in China and much milder disparities in incomes and wealth in Western Europe.


What Happened in the Stock Market Today
12/15/17 16:13
On a day the major benchmarks set records, Costco reported solid earnings, and shares of Oracle fell following weak guidance.


Tech companies lead US stocks higher as tax plan advances
12/15/17 16:10
U.S. stocks moved broadly higher in early trading Friday, erasing modest losses from the day before.


Aston Martin owners rev up for 2018 exit with Lazard hire: report
12/15/17 16:08
Aston Martin's owners have hired Lazard to prepare for a stock market listing or sale of the British sportscar maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters.


Bitcoin battle: Winklevoss twins vs. JPMorgan CEO Jamie Dimon
12/15/17 16:08
Bitcoin billionaires Cameron and Tyler have a challenge for Jamie Dimon, a critic of the virtual currency.


Detroit Free Press fires opinion editor after investigation
12/15/17 16:02
The Detroit Free Press announced it has fired Stephen Henderson, the newspaper's managing director of opinion and commentary, after finding what it called credible allegations of inappropriate behavior with female colleagues.


SpaceX launches used rocket and spacecraft for first time ever
12/15/17 15:49
Read full story for latest details.


Wall Street closes at records with tax overhaul in sight
12/15/17 15:44
NEW YORK (Reuters) - Wall Street's three major indexes climbed to record closing highs on Friday with broad-based gains as a long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass.


Last day to sign up for Obamacare is here
12/15/17 15:41
Time is running out to sign up for Obamacare for 2018.


Bitcoin hits new record high as warnings grow louder
12/15/17 15:41
LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.


Trump reconsiders rules protecting miners from black lung
12/15/17 15:41
President Donald Trump's mining regulators are reconsidering regulations meant to protect underground miners from breathing coal and rock dust, the cause of black lung disease, and diesel exhaust, which can cause cancer.


Oil hovers below two-year highs with focus on U.S. output
12/15/17 15:40
NEW YORK (Reuters) - Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing U.S. output and weak gasoline demand kept a lid on gains.



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