Saturday, 3 Dec 2022

Business

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Kroger-Albertsons merger: Congressional hearing gets underway

Claudia Morales, a floral manager at Safeway in Colorado Springs, thought about her two children in high school when she first learned about the proposed merger between Kroger and Albertsons. “What happens if I lose my job? Do they get to go to college? Maybe, maybe not,” she said. The news “dropped on us like […]

$300M Keystone project marred by lawsuits, fraud allegations

The co-developer of a $300 million resort in Keystone says $8 million went missing from the project and the firm was then pushed out for revealing the other developer’s bank fraud. That developer accused of fraud says the other developer is a liar, sham and grifter who committed a federal crime while running a scam […]

Denver’s 16th Street Mall: New retailers are replacing businesses that shuttered

The Mile High City’s 16th Street Mall is caught in an awkward rebirth. Plans for a structural revamping are attracting newcomers to the corridor, but the number of businesses forced to shutter by the pandemic-induced slowdown are a reminder that, in these uncertain economic times, even once-successful retail operations can fail. Two and a half […]

Republican National Committee sues Google over email spam filters

(Reuters) – The Republican National Committee (RNC) filed a lawsuit against Google on Friday, for allegedly sending its emails to users’ spam folders.FILE PHOTO: A Google sign is pictured during the company’s presentation of a detailed investment plan for Germany outside the Google office in Berlin, Germany, August 31, 2021. REUTERS/Annegret Hilse/File PhotoThe U.S. political […]

Asian stocks retreat on global recession angst; tech dives

TOKYO (Reuters) – Asian stocks declined on Friday, extending a global equity slide to a third day, as investors fretted over recession risks amid signs of further aggressive central bank policy tightening and new signs of a deep semiconductor slump.FILE PHOTO: People walk past a screen displaying the Hang Seng stock index outside Hong Kong […]

Lakewood nonprofit Friendship Bridge lifts up rural Guatemalan women

Friendship Bridge, a Lakewood-based nonprofit, aims to raise up rural Guatemalan women by providing economic opportunities, education and more – with the help of Coloradans. The nonprofit social enterprise, which mainly works with rural Guatemala’s indigenous women, provides financial services, health education, agriculture and business technical training and more. Coloradans can most easily support its […]

Inflation, spending cuts undermine Biden's hunger policy

CHICAGO (Reuters) – Grace Melt made her first visit to the Nourishing Hope food pantry on Chicago’s North Side in August. Throughout the COVID-19 pandemic, she used food stamps issued by the federal government to buy groceries while out of work for a knee injury.People get free groceries at nourishing hope food pantry in Chicago, […]

Sean Hannity and Other Fox Stars Face Depositions in Defamation Suit

The depositions are one of the clearest indications yet of how aggressively Dominion Voting Systems is moving forward with its suit against the media company. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Jeremy W. Peters Some of the […]

Former Broncos backup QB files for bankruptcy on Cherry Hills mansion

A former fourth-string quarterback for the Denver Broncos has filed for bankruptcy on an 18,000-square-foot home in Cherry Hills Village that has 10 bathrooms. But the bank he owes $5.4 million to wants the Chapter 11 case dismissed. It claims that he only filed for bankruptcy Aug. 16 to stop a foreclosure sale of the […]

Julian Robertson, 90, Dies; Brought Hedge Funds Into the Mainstream

His driving insight was that one could make money just as easily by betting that a company’s stock would fall as by betting that it would rise. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Robert D. Hershey Jr. […]