Denver Post: Business

Colorado Adventure Center a model for all-in-one outdoor attraction

Sun, 27 May 2012 02:05:40 MDT

DUMONT — Facing yet another challenging year for whitewater rafting, two veteran Colorado outfitters have joined forces to create a company that is moving well beyond boats.

Degrees of failure in idea that everyone needs to attend college

Sat, 26 May 2012 22:53:41 MDT

The college-for-all crusade has outlived its usefulness. Time to ditch it. Like the crusade to make all Americans homeowners, it's now doing more harm than good.

Launch your own campaign to create a job in this new economy

Sat, 26 May 2012 22:52:31 MDT

What happens when the collateral damage from the Economic Revolution isn't collateral to you?

Reconfiguration of I-70 viaduct in Denver will impact homes, jobs

Sat, 26 May 2012 22:51:44 MDT

A swath of demolition needed to replace the aged Interstate 70 viaduct in Denver has some small merchants worried about survival.

Favoritism charge in Facebook IPO may turn off smaller investors

Sat, 26 May 2012 22:50:08 MDT

The biggest initial public offering in years may end up driving some small investors out of the stock market.

Business books: "A Disposition to Be Rich"

Sat, 26 May 2012 22:49:04 MDT

"A Disposition to Be Rich: How a Small-Town Pastor's Son Ruined an American President, Brought on a Wall Street Crash and Made Himself the Best-Hated Man in the United States" - Geoffrey C. Ward, Knopf.

Costs of home-security system may not be worth the trouble

Sat, 26 May 2012 22:47:51 MDT

An electronic home-security system can be the source of great peace of mind — or great financial headache.

Corporate giving, 5/27/12

By The Denver Post — Sat, 26 May 2012 22:46:06 MDT

Colorado Golf Fundraising Tournament at the CommonGround Golf Course in Aurora raised more than $23,000 that will help fund several CGA initiatives aimed at disadvantaged kids in Colorado.

Stocks close out week higher despite Spain's growing troubles

Sat, 26 May 2012 22:44:29 MDT

U.S. stocks fell Friday but still managed a first positive week in four as investors fretted over troubles in Spain, where banks are under severe financial strain and government bond yields shot higher.

Pueblo thinks big on project to expand riverwalk

Sat, 26 May 2012 22:43:13 MDT

Pueblo's recent success in clinching state tourism incentives could give the city the boost it needs to complete several public projects along the Historic Arkansas Riverwalk.

Former Denver lawyer Bob McAllister pleads guilty to conspiracy and bankruptcy fraud

Sat, 26 May 2012 00:16:05 MDT

Disbarred Denver attorney Robert T. McAllister pleaded guilty Thursday to two counts of conspiracy to commit financial fraud and one count of bankruptcy fraud in U.S. District Court in Denver.

$9.6 million the typical pay for U.S. chief executives, study says

Sat, 26 May 2012 00:15:15 MDT

NEW YORK — Profits at big U.S. companies broke records last year — as did pay for chief executives.

Colorado AG requests lawyers' documents from four county trustees

Sat, 26 May 2012 00:07:53 MDT

Mortgage fraud investigators with the Colorado Attorney General's office have gathered documents filed with at least four county public trustees' offices by some of the state's largest

Chesapeake Energy selling half a million acres in Colorado, Wyoming

Sat, 26 May 2012 00:07:03 MDT

HOUSTON —Chesapeake Energy Corp. is selling oil and gas assets in Colorado and Wyoming as it seeks to raise revenue to fund its cash-strapped operations.

U.S. stocks fall as major Spanish bank teeters

Sat, 26 May 2012 00:05:40 MDT

NEW YORK — Another flare-up in Europe's debt crisis knocked U.S. markets lower Friday.

Spain's Bankia asks for $24 billion bailout

Sat, 26 May 2012 00:05:22 MDT

Spain's banking crisis worsened Friday as the board of Bankia, the country's biggest mortgage lender, warned that a bailout would cost about $24 billion, far beyond what the government estimated when it seized the bank and its portfolio of delinquent real estate loans.

Oakwood Homes pays $16 million for Colorado Springs ranch parcel

Sat, 26 May 2012 00:04:47 MDT

Oakwood Homes paid more than $16 million for 2,600 acres at the Banning Lewis Ranch in Colorado Springs.

Beef, chicken, pork will cost more during summer grilling season

Sat, 26 May 2012 00:03:50 MDT

The money you're saving on gasoline may go toward buying steaks, ribs and chicken for the barbecue.

BLM rejects permit for methane bacteria project

The Associated Press — Fri, 25 May 2012 15:56:07 MDT

GILLETTE, Wyo.—Federal land managers have rejected an application by a Colorado company to use bacteria to produce methane from northeast Wyoming coal beds.

Yahoo kills 'Livestand' just 6 months after debut

The Associated Press — Fri, 25 May 2012 15:41:08 MDT

SAN FRANCISCO—Yahoo has killed Livestand, a tablet magazine, just six months after its debut on the iPad.

US consumer confidence highest in 4 1/2 years

By CHRISTOPHER S. RUGABER AP Economics Writer — Fri, 25 May 2012 15:19:23 MDT

WASHINGTON—A better hiring outlook and lower gas prices pushed a measure of U.S. consumer confidence to its highest level in four and a half years.

Stocks fall on Wall Street as Spanish bank teeters

By CHRISTINA REXRODE AP Business Writer — Fri, 25 May 2012 15:16:20 MDT

NEW YORK—Another flare-up in Europe's debt crisis knocked U.S. markets lower Friday. This time, it was more trouble at a major Spanish bank.

Baby Spinach sold in Colorado and adjacent states recalled

Fri, 25 May 2012 14:41:41 MDT

Five-ounce clamshell packages of "Private Selections" Organic Baby Spinach being sold in Colorado are being recalled by Taylor Farms Retail, state and federal agencies said today.

Foreclosure for Colorado Springs shopping center

Fri, 25 May 2012 13:54:03 MDT

COLORADO SPRINGS — A Colorado Springs shopping center has fallen into foreclosure two weeks after Safeway announced it's closing its grocery store that anchors the property.

Salazar, Schweitzer urge wind tax credit extension

The Associated Press — Fri, 25 May 2012 13:00:27 MDT

HELENA, Mont.—Interior Secretary Ken Salazar and Montana Gov. Brian Schweitzer are urging Congress to extend a production tax credit for the wind power industry.

Colorado regulators tighten rooftop solar-energy incentives

Fri, 25 May 2012 12:48:39 MDT

The Colorado Public Utilities Commission on Thursday approved a new solar rewards program for Xcel Energy that does away with upfront cash incentives for solar panels that amount to thousands of dollars to homeowners.

Udall: Obama supports wind energy tax break

The Associated Press — Fri, 25 May 2012 10:56:07 MDT

DENVER—Colorado Sen. Mark Udall says President Barack Obama supports extending a tax break for wind energy that supporters say is vital to the state's wind-turbine industry.

Drilling foes want to buy Wyoming Range leases

The Associated Press — Fri, 25 May 2012 08:11:31 MDT

CASPER, Wyo.—Opponents of natural gas drilling in the Wyoming Range want to buy an energy company's drilling leases, but both sides appear to be waiting for the other to make the first move.

New Eagle-Vail shop provides car repair, maintenance

Fri, 25 May 2012 08:06:01 MDT

VAIL - — Owners Chris Gioia and Jim Jones have announced the opening of their new automotive shop and Uhaul rental center, Ascent Automotive, which officially opened May 14.

Littleton resident, president of company that built homes in metro area, indicted

Fri, 25 May 2012 07:49:25 MDT

Peter Vincent Capra, president of Golden Design Group, Inc., which built and sold houses in the Denver metropolitan area, has been indicted for fraud and money laundering.

SourceGas sues Colorado Mountain College over station

Fri, 25 May 2012 07:45:42 MDT

GLENWOOD SPRINGS - — The SourceGas natural gas company has filed suit to force Colorado Mountain College (CMC) to allow construction of a compressor station on the college's

Plan for Snowmass Village's Sky Mountain Park hits bump

Fri, 25 May 2012 07:38:53 MDT

ASPEN - — Reconsideration of a dog ban on many of the open space parcels that make up Sky Mountain Park appears unlikely, though Snowmass Village Town Council members declined

Colorado casinos lose tax cut that cost regulators their jobs

Fri, 25 May 2012 05:27:27 MDT

Colorado gambling regulators on Thursday raised the tax rate on casinos by 5 percent, effectively reversing a controversial tax break awarded to the industry last year that led to Gov. John Hickenlooper's overhaul of the five-member Colorado Limited Gaming Control Commission.

50 highest-paid CEOs in AP survey

By The Associated Press — Fri, 25 May 2012 04:09:20 MDT

The 50 highest-paid CEOs for 2011, according to an Associated Press analysis of Standard & Poor's 500 companies.

Top CEO pay equals 3,489 years for typical worker

By SETH BORENSTEIN AP Science Writer — Fri, 25 May 2012 04:08:30 MDT

WASHINGTON—David Simon of Simon Property received a pay package worth more than $137 million for last year, and the typical CEO took home $9.

On top of big salaries, companies pile on perks

By CHRISTINA REXRODE AP Business Writer — Fri, 25 May 2012 04:06:57 MDT

In the small world of big CEOs, the perks can be spectacular. Drivers, country club memberships, use of company aircraft—those splashy extras are fairly routine.

U.S. bank earnings in first quarter rise to highest level in 5 years

By The Associated Press — Fri, 25 May 2012 01:01:11 MDT

U.S. bank earnings rose in the first three months of the year to the highest level in nearly five years, and the number of troubled banks fell.

New unemployment claims slip; durable orders up 0.2%

By Dow Jones Newswires — Fri, 25 May 2012 01:00:50 MDT

The number of U.S. workers filing first-time applications for unemployment benefits ticked down last week, an indication that May payroll growth may be more robust.

SEC not likely to advise charges against Lehman Brothers Holding

Fri, 25 May 2012 00:57:59 MDT

Securities and Exchange Commission investigators have concluded their probe of possible financial fraud at Lehman Brothers Holdings Inc. and determined they will probably not recommend any enforcement action against the firm or its former executives, according to an excerpt of an internal agency memo.

Colorado restaurants to add 10,800 jobs this summer, report says

Fri, 25 May 2012 00:57:35 MDT

Colorado restaurants are expected to add 10,800 jobs this summer, representing a 5.8 percent gain over the sector's March employment level, according to projections issued Thursday by the National Restaurant Association.

Lewis: Skip the tip at Noodles & Co.

Fri, 25 May 2012 00:57:08 MDT

Kevin Reddy, chief executive of Noodles & Co., says one reason his restaurant chain keeps growing is that his customers don't have to leave a tip.

Europe, Greece dodge debt-reduction details

Thu, 24 May 2012 21:11:11 MDT

ATHENS, Greece — European leaders insist they want to keep Greece in the eurozone but are putting off any agreement on how they hope to accomplish that.

Hewlett-Packard helps nudge Dow to fourth gain in May

Thu, 24 May 2012 21:11:10 MDT

NEW YORK — Hewlett-Packard helped pull the Dow Jones industrial average to a slight gain Thursday, giving the index only its fourth gain this month.

Lehman Brothers to buy remaining stake in apartment giant Archstone

Thu, 24 May 2012 21:11:02 MDT

Lehman Bros. Holdings Inc. has struck a deal to buy the 26.5 percent stake that it doesn't already own in apartment giant Archstone for $1.

Dish sues TV networks to protect ad-skipping feature on DVRs

Thu, 24 May 2012 21:10:59 MDT

Dish Network's battle with the major TV broadcasters over the satellite firm's new ad-skipping offering has moved into the courts.

Gas prices: Cost at pump still on slight decline

Thu, 24 May 2012 20:48:44 MDT

HOUSTON — As the Memorial Day weekend and the summer driving season approach, gasoline prices are easing.