Denver Business News - Local

Paul Washington, JLL's top Denver exec, to take 2021-04-14 19:14:41In an exclusive interview with Denver Business Journal, Washington talks about the reasons for the move and his goals in his new position.

Colorado poised to spend $15M retraining workers who 2021-04-14 16:54:15The money would represent a huge boost to the Displaced Workers Grant Program, which launched last year with just $900,000.

Colorado county extends oil and gas drilling moratorium 2021-04-14 16:44:56The Front Range county extends its permit freeze until September while it rewrites its rules.

Dish Network files patent infringement suit against Peloton, 2021-04-14 16:22:40Telecommunications giant Dish is once again involved in a big-name patent lawsuit, only now it’s the company lodging the complaint. A subsidia

Boulder sportstech startup lands private equity partnership, plans 2021-04-14 15:38:22In a move that positions it to triple its headcount and cement its place in the amateur sports market, Boulder’s TeamSnap today announced a stra

Suncor's culture faulted in report on Commerce City 2021-04-14 13:11:45The findings come as part of record-setting emissions violation settlement with the state.

Whataburger unveils plans for return to Colorado 2021-04-14 10:19:01Texas-based burger chain Whataburger is making plans for a return to the Centennial State. Whataburger announced it will open a Colorado training cen

Exclusive: $30.2M building to break ground as part 2021-04-14 10:12:01The building will be named in honor of former CCU President Bill Armstrong, who helped lead a turnaround of the school during his roughly 10-year tenu

Biotech company partners with National Jewish Health to 2021-04-14 10:05:44The company has deep connections to Colorado.

Colorado businesses could soon get 1-year tax breaks 2021-04-14 09:51:10The effort is described as pandemic-related tax relief for businesses that have lost significant revenue due to coronavirus restrictions over the past

Study: Most employers say they will allow remote 2021-04-14 08:44:55"The sooner companies accept, promote and adapt to a hybrid work model, the better it will be for everyone,” one HR expert says.

Colorado's largest fast-casual chain boosting sales with menu 2021-04-13 17:08:13The chain is beginning to look now for locations for new company-owned restaurants, including storefronts with smaller footprints that will reflect it

ABC News: Money

$1,400 stimulus checks helped March retail sales soar 2021-04-15 09:30:08Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again

U.S. industrial production rises 1.4% as weather warms 2021-04-15 09:27:19American industry rebounded last month as the United States recovered from an unusually frigid February

US jobless claims plunge to 576,000, lowest since 2021-04-15 09:19:02The number of Americans applying for unemployment benefits fell sharply last week to 576,000, a hopeful sign that layoffs are easing as the economy re

Citigroup profit triples in 1Q, tops estimates; revenue 2021-04-15 09:11:15Citigroup says profits more than tripled in the first quarter, helped by the release of billions of dollars from its loan-loss reserves

Walmart invests in GM's Cruise autonomous vehicle subsidiary 2021-04-15 09:10:33Walmart and some institutional investors have joined the latest investment in Cruise, bumping the capital influx into the General Motors autonomous ve

After union fight, Jeff Bezos to focus on 2021-04-15 09:04:07After a union battle at an Alabama warehouse, Amazon founder Jeff Bezos said that as executive chairman he will focus on making the company a better p

U.S. retail sales soared 9.8% in March as 2021-04-15 08:33:13U.S. retail sales soared 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus checks

Turkish central bank maintains key rate unchanged at 2021-04-15 08:18:45Turkey’s central bank has kept a key interest rate unchanged at 19%, in its first rate decision since the surprise appointment of a new governor

Thermo Fisher buying PPD in deal worth $17.4 2021-04-15 08:14:34Thermo Fisher is buying clinical research company PPD in a deal valued at $17.4 billion

The Latest: WHO: Europe surpasses 1 million COVID-19 2021-04-15 07:58:34A top official from the World Health Organization says Europe has surpassed 1 million deaths from COVID-19

Bank of America profit doubles in 1Q to 2021-04-15 07:50:15Bank of America’s profits doubled in the first quarter, the bank said Thursday, as the improving economy allowed it to release billions from its

UnitedHealth ups forecast after strong start to year 2021-04-15 07:36:31Profits jumped about 44% in the first quarter and UnitedHealth boosted its outlook for the year

L.A. Times - Business

Biden quietly reversed Trump's ban on worker visas. 2021-04-14 18:22:46Biden has quietly relaxed one of Trump's signature immigration bans, even as the new administration struggles to hold back a migrant surge along the

'Scream' creator Kevin Williamson sells Windsor Square estate 2021-04-14 16:39:48After buying a Beverly Hills mansion, prolific screenwriter Kevin Williamson has sold his Cape Cod-style home in Windsor Square for $9.415 million.

Actress Kirstie Alley unloads Los Feliz villa for 2021-04-14 15:19:36'Cheers' actress Kirstie Alley just sold her grand 1930s villa in the hills of Los Feliz for $7.8 million after years on the market.

Column: What's stopping the next Bernie Madoff? 2021-04-14 14:46:14An inattentive SEC was key to the success of Madoff's fraud. Its exposure put pressure on the agency to tighten enforcement — until Trump came

Bernie Madoff, notorious financier who pulled off history's 2021-04-14 09:44:36Bernie Madoff, who came to epitomize Wall Street corruption with his epic $65-billion Ponzi scheme, has died in prison of natural causes at age 82.

If you're house shopping in L.A.'s hot market, 2021-04-14 08:00:05In March, slightly more than half of homes sold for over the asking price across Los Angeles. In some spots, the share was even bigger.

Disneyland and California's other theme parks are reopening. 2021-04-13 17:56:10How and when can you get tickets to Disneyland, Universal Studios Hollywood, Six Flags Magic Mountain and Knott's Berry Farm? Will all the rides be a

French Montana wants $5 million for house he 2021-04-13 17:44:08Rapper French Montana is asking $5 million for his custom home with a decked-out recording studio in Hidden Hills.

Column: Trump is gone, but California is still 2021-04-13 17:15:53As laws allowing anti-transgender bias spread, a California response comes under attack.

Only one county left in purple tier as 2021-04-13 16:46:59The lone remaining denizen of the purple tier is Merced County after Inyo County advanced to the less-restrictive red tier Tuesday.

Column: Why spend billions for Ancestry's DNA data 2021-04-13 09:00:57Investment firm Blackstone acquired the genealogical site Ancestry for $4.7 billion. It says it has no plans to mine people's DNA data for profit.

COBRA is free for six months under the 2021-04-12 21:10:29COBRA, the federal program that allows people who have lost their jobs to continue paying for their former employer's healthcare plan, is free throug

Economy

Powell says it's 'highly unlikely' the Fed will 2021-04-12 07:04:51"I think it's highly unlikely that we would raise rates anything like this year," Powell told CBS' "60 Minutes."

Fed Chair Powell says economy about to grow 2021-04-11 14:51:33The U.S. economy is at a turning point thanks to government support and a speedy campaign to inoculate Americans against Covid-19, Jerome Powell said.

Weekly jobless claims higher than expected 2021-04-08 11:18:57Jobless claims totaled 744,000 for the week ended April 3, well above the Dow Jones estimate of 694,000 and the previous week’s 728,000.

U.S. confident vast majority of developed nations will 2021-04-07 18:17:13Adeyemo said the White House's broad interpretation of infrastructure is not only favored by progressives, but by Wall Street, too.

Fed's Brainard says the economy is improving but 2021-04-07 17:52:20Brainard said that while the U.S. economic outlook has "brightened considerably," it remains well away from the central bank's goals.

Fed officials say easy policy will stay in 2021-04-07 17:37:12Federal Reserve officials indicated at their last meeting that easy policy will stay in place until it produces stronger employment and inflation.

Jamie Dimon says economic boom fueled by deficit 2021-04-07 12:36:15While he is bullish for the economy's immediate future, he sees serious challenges for the U.S., thanks to political and societal dysfunction.

24% of unemployed workers have been jobless for 2021-04-06 18:29:42The share of long-term unemployed is rising even as the U.S. jobless rate is falling. That's an unusual dynamic for recessions, economists said.

Biden says higher corporate tax won't hurt economy; 2021-04-05 20:19:41The proposed increase is part of the administration's effort to fund its $2 trillion infrastructure proposal.

The Fed could come under fire for easy 2021-04-05 16:27:22As the economy booms over the next couple of months, the Fed will have a more difficult time defending its super easy policies.

Fed's Mester lauds jobs report, but says loose 2021-04-05 16:18:03The Fed remains committed to keeping rates low until the employment picture brightens considerably, Mester said.

The 5 U.S. states where unemployment claims have 2021-04-05 09:00:01WalletHub calculated the change in unemployment claims from last week and the same week in 2020 and determined which states are making the quickest re

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Citigroup to exit retail banking operations in India, 2021-04-15 09:19:06CEO Jane Fraser says Citi lacked the scale to properly compete in the 13 markets it is leaving

Biden announces new sanctions on Russia, expulsion of 2021-04-15 09:14:38In retaliation for hacking and election interference, US' measures include restrictions on Russia's sovereign debt market

Latest LIVE: Former JNU leader Umar Khalid gets 2021-04-15 09:09:38Competition Commission approves acquisition of DHFL by Piramal Capital & Housing Finance. Stay tuned for Latest LIVE news

Exports up 60% in March at $34.5 bn, 2021-04-15 08:53:37Trade deficit during March 2021 widened to $13.93 billion from $9.98 billion in March 2020

Delhi curfew: Movement of all goods, e-comm delivery 2021-04-15 08:48:22Order steers clear of confusion on essentials and non-essentials, allows inter and intra city movement of goods, unlike Maharashtra, where clarity on

IPL 2021, RR vs DC Match-7 live score: 2021-04-15 08:45:49IPL 2021 RR vs DC Live Updates: Check out RR vs DC Today Match LIVE updates with live toss updates, live scores and match highlights to the seventh ma

Covid, ATF prices to push airlines into Rs 2021-04-15 08:36:14The loss is however expected to be 35-40% lower than the projected loss in FY21

Taper tantrum, inflation surpass Covid as top market 2021-04-15 08:32:42An overwhelming 93 per cent of FMS investors expect higher inflation in the next 12 months

Coronavirus LIVE: Inter-state movement allowed during Delhi weekend 2021-04-15 08:17:46Coronavirus live updates: India recorded 200,739 fresh Covid cases and 1,037 deaths in the last 24 hrs. Delhi govt has imposed weekend lockdown until

Rare blood clotting risk more for Covid-19 than 2021-04-15 08:02:29The rare blood clotting is known as cerebral venous thrombosis (CVT)

Wipro eyes 2-4% sequential revenue growth in Q1, 2021-04-15 08:00:28Q4 IT services revenue was $2.15 bn, a rise of 3.9% sequentially

BlackRock quarterly profit jumps as assets rise over 2021-04-15 07:12:43This compares to assets of $6.47 trillion a year earlier.