Category: Business
Amid Broncos stadium talks, Denver Water quietly seeks to buy more than 20 properties near its campus
Denver Water quietly began the process of acquiring more than 20 properties near its campus this spring, just as the utility and the Broncos were discussing a potential deal to use some of its current land to build a new stadium. Denver Water’s board authorized the acquisition plans — for 23 properties spanning roughly 18…
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Nestle says it will remove artificial dyes from US foods by 2026
By DEE-ANN DURBIN Nestle said Wednesday it will eliminate artificial colors from its U.S. food and beverages by the middle of 2026. Related Articles Amid Broncos stadium talks, Denver Water quietly seeks to buy more than 20 properties near its campus Colorado among states to score win in funds for electric vehicle charging Aurora Plaza…
Read MoreColorado among states to score win in funds for electric vehicle charging
A federal judge used an episode from “The Simpsons” to illustrate her ruling that prevents the Trump administration from withholding money approved for states to build charging networks for electric vehicles. Colorado is one of 16 states that recently sued the administration for not releasing billions of dollars authorized under the 2021 Infrastructure Investment and…
Read MoreAurora Plaza shopping center sells for $16 million to Denver-based real estate company
Aurora Plaza, a 115,000-square-foot shopping center east of Denver, has been acquired for $16 million by Sidford Capital LLC, a Denver-based commercial real estate leasing and management company. The shopping center, 15001-15293 E Mississippi Ave., covers 10.60 acres and is 80% occupied. It attracts more than 740,000 visitors annually and features 27 tenants, ranging from…
Read MoreTrump’s budget bill could complicate 2026 tax filing season after IRS cuts, watchdog warns
By FATIMA HUSSEIN WASHINGTON (AP) — The budget bill championed by President Donald Trump could complicate next year’s tax filing season after the IRS lost one-quarter of its employees through staffing cuts, an independent watchdog reported Wednesday. The IRS workforce has fallen from 102,113 workers to 75,702 over the past year, according to the latest…
Read MoreOwners’ dustup turns to legal duel at Little Bear Saloon in Evergreen
Less than two years after it was sold to a trio of business partners, the decades-old Little Bear Saloon in Evergreen is reportedly failing to pay its landlord, vendors and employees. Known for its rustic Western appearance, the building at 28075 Highway 74 dates to the 1880s and has been Little Bear since the 1970s.…
Read MoreSt. Charles Town reopening store, pumps at former Colfax Choice Market
Elsa Harberg never thought she’d be in the gas station business. But as the landlord of 2200 E. Colfax Ave., she didn’t have much of a choice. “We spent eight months with brokerage trying to sell or lease to traditional (convenience) store gas station concepts, but they want tons of pumps and more square footage,”…
Read MoreKroger announces closure of 60 stores across U.S.
Grocery giant Kroger revealed during its first-quarter earnings call this month that it will shut down about 60 underperforming stores over the next 18 months. At the same time, the company intends to open new locations throughout this year and the next. “We’re simplifying our business and reviewing areas that will not be meaningful to…
Read MoreHere’s where Colorado Safeway workers have gone on strike
Grocery workers in several Colorado cities entered their 11th day of a strike Wednesday against Safeway and parent company Albertsons. The United Food and Commercial Workers Local 7 resumed negotiations last week, but after exchanging numerous proposals, the union said the company remained unwilling to offer an agreement that meets the needs of workers. Union…
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Powell says Fed rate cut is on hold even as Trump demands cuts
By CHRIS RUGABER, AP Economics Writer WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for immediate cuts. “For the time being, we are well positioned…
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