RSS Denver Business Journal

  • 32-story downtown Denver office project moves forward January 23, 2017
    A proposed office project on 15th Street between Welton and California streets has taken a step forward with the signing of a ground lease that will allow developers to move ahead with the project. Houston-based Patrinely Group and USAA Real Estate Co. formed a joint partnership to develop the land. Current designs call for the […]
    Molly Armbrister
  • Acting SBA regional administrator named January 23, 2017
    John L. Brown II will take over as acting administrator of the U.S. Small Business Administration's Region VIII, a region that includes Denver, the SBA announced today. Brown, who is currently the SBA's South Dakota district director in Sioux Falls, will oversee six SBA district offices, which are located in Colorado, Montana, North Dakota, South […]
    Caitlin Hendee
  • Federal judge blocks insurer Aetna's acquisition of Humana January 23, 2017
    A federal judge has blocked Aetna Inc.'s proposed $37 billion acquisition of Humana Inc. Bloomberg reports that U.S. District Judge John D. Bates ruled that the deal would violate antitrust laws by reducing competition among insurers. Aetna (NYSE: AET) is Colorado's fourth-largest health maintenance organization and seventh-largest preferred-provider organization, according to the Denver Business Journal's […]
  • CU Boulder aerospace program gets $15 million donation January 23, 2017
    The University of Colorado Boulder's aerospace department will be significantly bolstered with a $15 million gift from Vail socialite couple Ann Smead and Michael Byram. Ann Smead's former husband, the late H.J. "Joe" Smead, was the former president and CEO of Kaiser Aerospace and Electronics Corp. from 1974 to 2000. H.J. Smead held a bachelor's […]
    Caitlin Hendee
  • 2017 stock show draws 3rd highest attendance January 23, 2017
    Denver's National Western Stock Show and Rodeo closed out its 111th run Sunday by posting its third-highest attendance total and its biggest closing-day audience ever, officials said. The 2017 show tallied 684,580 visitors. The record was set in 2006, the show's 100th anniversary year, when 726,972 guests were recorded. Last year's show finished in second […]
    Mark Harden
  • Trump withdraws U.S. from Pacific trade deal, will start NAFTA renegotiation (Video) January 23, 2017
    As he promised, President Donald Trump today withdrew the United States from the Trans-Pacific Partnership trade agreement with 12 nations. Trump also plans to formally start the process of renegotiating the North American Free Trade Agreement (NAFTA) with Mexico and Canada. Candidate Trump had called the TPP agreement with Japan, Malaysia, Australia and other nations […]
    Mark Harden
  • Amazon to open huge fulfillment center in Aurora, employ 1,000 January 23, 2017 Inc. said it will open a 1 million-square-foot fulfillment center in Aurora that will employ 1,000 people. The new facility will be built in the Prologis Park 70 — at the intersection of I-70 and E-470 — and will augment Amazon's (Nasdaq: AMZN) existing 452,000-square-foot sortation center in Aurora's Majestic Commercenter, which was announced […]
    Monica Mendoza
  • French tech company expands into Colorado January 23, 2017
    A French document automation company said it's expanding into Colorado by opening a Lakewood office. Esker, a Lyon, France-based "cloud-based document process automation" company, said it's opening an office at 777 S Wadsworth Blvd. in Lakewood. Its other U.S. location is in Wisconsin. “Denver is an ideal campus for recruiting top talent. With a great […]
    Ben Miller
  • A Denver homebuilder is among top-performing construction stocks in market rally January 23, 2017
    Strong buyer demand and the prospect of looser federal regulations since Donald Trump's election to the White House have spurred stock prices for the nation's largest publicly traded homebuilders. And a Denver homebuilder is among the surging stocks, as the slideshow below indicates. The post-election rally added roughly $6 billion in market value to the […]
    Craig M. Douglas
  • United Airlines grounded all domestic flights Sunday due to tech issue (Video) January 23, 2017
    United Airlines grounded all domestic flights for more than an hour Sunday night in Denver and elsewhere due to a computer problem. International flights were not affected, according to the Federal Aviation Administration. (Watch a 9News video report above.) The Chicago-based airline -- the largest operating at Denver International Airport -- said on Twitter Sunday […]
    Ed Stych

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