Author: Jessica Gibbs
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Colorado looks to attract wind turbine company near Pueblo
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The Colorado Economic Development Commission approved an incentive package worth up to $23.1 million aimed at recruiting a wind turbine company looking at multiple states, including Pueblo in Colorado, for the site of its next production hub. It could mean more than 2,300 new jobs to the area. Commissioners voted unanimously on Thursday to offer…
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World Cup workers sue Texas, Colorado companies alleging trafficking and forced labor
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A lawsuit filed in Denver federal court on Thursday alleges Jacobs Solutions Inc. along with one of its Colorado-based subsidiaries are responsible for human trafficking and forced labor reportedly carried out in Qatar as the country prepared to host the 2022 FIFA World Cup. The lawsuit brought by nearly 40 people from the Philippines who…
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Seasonal slowdown met by high rates in Denver housing market
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Inventory in the Denver metro region housing market is growing, and although that indicates slightly more choice for buyers in a tough market, demand is also softening, according to a recent real estate report. A typical seasonal slowdown in sales is being met with mortgage rates approaching 8%, local realtors say, keeping buyers on the…
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AG Phil Weiser, Choice Hotels reach settlement on ‘drip pricing’ practices
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Colorado Attorney General Phil Weiser Thursday announced a settlement with a hotel group intended to help remedy the kinds of hidden fees and misleading prices known as “drip pricing” – a model that he said is common practice within the hospitality industry but in violation of the Colorado Consumer Protection Act. Choice Hotels International, Inc.…
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Selling in the Denver housing market comes down to ‘a science’ amid high rates
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In the Denver area market, with high interest rates and the length of time that homes are sitting on the market ticking up, pricing homes right comes down to “a science.” Buyers are being patient, according to the latest Denver Metro Association of Realtors Market Trends report, and the market could continue to slow. The…
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Denver International Airport CEO Phil Washington to be inducted into transportation hall of fame
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Denver International Airport’s CEO Phil Washington is set to be inducted into the American Public Transportation Association Hall of Fame this October. The news comes on the heels of an announcement from the U.S. Department of Transportation that Washington was selected by Transportation Secretary Pete Buttigieg to serve on a committee advising the department about…
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Colorado treasurer urges opposition to Kroger-Albertsons merger
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Colorado State Treasurer Dave Young is not just among the list of voices in opposition to a Kroger-Albertsons merger. He’s calling on the Federal Trade Commission to oppose the merger too. In an Aug. 23 letter, Young said the possible consolidation between two of the nation’s largest grocery store chains deeply concerns him. “I fully…
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Ball Corp. plans to sell aerospace business
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Colorado-based Ball Corp. announced it has agreed to sell its aerospace business to BAE Systems in a $5.6 billion deal. The sale is subject to regulatory approval and is expected to close in the first half of 2024. Ball, a leading producer of aluminum packaging, launched Ball Aerospace near Boulder in the 1950s with a…
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See map, list of potential sites for Denver’s ‘micro-communities’ for homeless people
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Where does the Johnston administration plan to build micro-community sites for homeless people in Denver? The short answer is the the city’s new mayor hasn’t decided yet. Denver’s Mike Johnston carries out first homeless encampment cleanup City officials said they are tightening and refining a list of potential micro-community sites. The list is preliminary, and it…
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Denver asks nonprofits to bid on operating micro-community sites, city can’t provide cost estimates
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Denver is asking small organizations to bid on contracts to operate or provide supportive services at the “micro-communities” that Mayor Mike Johnston’s plans to open as part of his homelessness reduction strategy, although the city can’t provide estimates on costs or where micro-communities will exactly be located. Johnston and his senior homelessness adviser, Cole Chandler,…
