Monday, 4 Jul 2022

Business

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Larrabee’s furniture store to close after 60 years of business in Colorado

Larrabee’s furniture store, a Colorado staple for about six decades, is closing the doors of the four-generation family business at the end of this year. Larrabee’s Furniture + Design, whose roots stretch to 1943 in South Dakota and Minnesota, has hired several temporary employees to prepare for a going-out-of-business sale at its showroom at 311 […]

EU agrees rulebook for 'Wild West' crypto markets

LONDON (Reuters) – The European Union on Thursday reached a provisional deal on the world’s first set of comprehensive rules to regulate what one lawmaker called the “Wild West” crypto market.FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. […]

Tokyo June core consumer prices rise at fastest pace in 7 years

FILE PHOTO: A shopper looks at items at a supermarket in Tokyo February 26, 2015. REUTERS/Yuya Shino/TOKYO (Reuters) -Core consumer prices in Japan’s capital Tokyo rose 2.1% in June from a year earlier, data showed on Friday, marking the fastest pace of increase in seven years in a sign of broadening inflationary pressure from higher […]

Stocks rebound after a rough week.

Markets regained some ground after a tumultuous week on Wall Street. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. This article is part of our Daily Business Briefing By Isabella Simonetti U.S. stocks rebounded on Tuesday, the first trading day […]

Bozarth Chevrolet changes name to Celebration Chevrolet

Bozarth Chevrolet, in business in the Denver area for more than three decades, has changed its name and overhauled how it sells cars. Kent Bozarth, the owner and the third generation in his family in the automotive business, said Ed Bozarth Chevrolet in Aurora is now Celebration Chevrolet. The name change became official in early […]

Tampon shortage: Colorado stores hit by national shortage on menstrual products

Shoppers searching for their preferred tampon brands might find themselves out of luck at select stores in the Denver area and beyond. Some national chains, including CVS Pharmacy, Walgreens and Safeway, are struggling to keep the feminine care products on their shelves. Others, such as Walmart and Natural Grocers, aren’t as hard hit by the […]

Prologis in $26 billion deal for Duke Realty as easing storage demand worries rise

(Reuters) -Prologis Inc will acquire Duke Realty Corp in a nearly $26 billion all-stock deal, including debt, the companies said on Monday, as the world’s largest warehouse owner seeks to bolster its portfolio amid concerns over cooling demand.FILE PHOTO: A general view of the main entrance of Prologis logistics complex in Cajamar, Brazil February 2, […]

Xcel Energy-Colorado gets official OK to move forward with transmission project

A transmission project that Xcel Energy-Colorado said will help make way for more renewable energy on the grid has received a green light. Xcel Energy said in a statement Thursday that the Colorado Public Utilities Commission has approved plans for the five segments of the company’s Colorado’s Power Pathway, a  project that will cost up […]

Biden, Fed Chair Powell to meet as inflation weighs on consumers

(Reuters) -U.S. President Joe Biden will meet Federal Reserve Chair Jerome Powell on Tuesday as historic inflation drains Americans’ pocketbooks.FILE PHOTO: U.S. President Joe Biden announces the nomination of Federal Reserve Chair Jerome Powell for a second four-year term, and Federal Reserve board member Lael Brainard to serve as vice chair, as Powell stands by […]

Colorado regulators, utilities worry about impacts of hot, dry summer

Colorado utilities are preparing for what’s shaping up to be a hotter-than-normal and relatively dry summer while regulators are assessing how to keep the lights and power on as the climate changes. The Colorado Public Utilities Commission has started discussions with climate, weather and water experts as well as power providers to figure out if […]