Monday, 17 Jun 2024

Business

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Heads Up: A Better Movie Seat May Cost You

Anyone buying a ticket for a concert, baseball game, Broadway play or flight has experienced it: Seats are now priced with dizzying complexity, with costs in some instances changing minute by minute, based on demand. But movie theaters? In many ways, they have been trapped in pricing amber. A seat has cost the same no […]

A Tangled Tale of Gun Parts, Identity Theft and the Ease of Buy Now, Pay Later

In late summer, a delivery service dropped off two packages containing $5,000 in gun parts and accessories at a house in Chino Hills, a community in Southern California. The packages, containing parts for a Glock handgun, an AR-15-style rifle and other weapons, had been shipped from Primary Arms, a gun seller in Houston. The components […]

TD Bank Agrees to Pay $1.2 Billion to Settle Ponzi Scheme Case

TD Bank, one of Canada’s biggest lenders, said Monday it had agreed to pay $1.2 billion to settle claims arising from a giant Ponzi scheme involving Stanford Financial, a scandal that erupted 14 years ago and cost ordinary investors some $7 billion. The bank said it reached the settlement with the Stanford Financial receiver, who […]

Businesses build and expand in the Denver area, local looking national

More businesses are putting their money into the Denver area’s economy with branch openings and expansions, while some Colorado companies are looking to make their marks beyond the state’s borders. The nation’s economic outlook is a mixed bag at the beginning of 2023: Solid growth has been tempered by layoffs in some sectors, and inflation […]

Carvana’s car vending machine in Denver finally opens

Denver residents looking to skip traditional used-car dealerships can now turn to an alternative shopping experience, with the debut of the state’s first car vending machine. When online retailer Carvana entered the used-car business more than a decade ago, it made a splash with its novel vending machines introduced in 2013 — actual towers of […]

How Do You Buy and Sell Goods? We Want to Know.

The way people shop has changed in recent years. Some have signed up for subscriptions. Others have gotten rid of them. Some have tried selling their used stuff for the first time. Others have tested out what it is like to rent items. During the pandemic, many retailers — whether established names or Silicon Valley […]

Home Depot says it will raise pay for U.S., Canadian workers

Home Depot said Tuesday it’s investing $1 billion in wage increases for its U.S. and Canadian hourly workers. The Atlanta-based home improvement chain said every hourly employee will get a raise starting this month. Starting pay will be at least $15 per hour in all markets. Home Depot is one of many big retailers who […]

Hedge Fund Billionaire Extracts Billions More to Retire

When Ray Dalio, the multibillionaire founder of the world’s biggest hedge fund, Bridgewater Associates, announced his retirement in October, both he and the firm he founded more than four decades ago treated the moment as celebratory. Mr. Dalio, 73, told his millions of followers on LinkedIn that he felt “great about the people” to whom […]

In Denver, used car prices dip but not as much as national decline

The days of being able to drive a new car for a couple of years and trade it in for the original price or even more look like they are quickly coming to an end. Nationally, used car prices were down 3%, or $1,043, in December compared to a year earlier, which followed a 2% […]

Do You Have to Be an Optimist to Work Toward a Better World?

The Bright Side is a series about how optimism works in our minds and affects the world around us. “I’m afraid that the world is entering a dark age,” said Dr. Igor Galynker, a psychiatrist who specializes in suicide research and intervention. But, he added: “On an individual level, helping people deal with this, and […]