Tag: Business
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A tale of two debates | Vince Bzdek
Ballots go out Monday as the June 30 state primary elections bear down on us. As a result, it is suddenly the season of proliferating political debates, and there have been some doozies already. I had the chance to see two very different debates in the last week, and comparing and contrasting them speaks volumes about the…
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Downtown rail project hits midblocks and Colfax alignment this week
The Regional Transportation District will begin the next phase of its multi-year downtown rail reconstruction project on Sunday, with street closures in the downtown loop midblocks and along the Colfax Avenue alignment. According to a project update on the downtown rail reconstruction project webpage, the work includes full reconstruction of existing light rail tracks, electrical…
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Mission led by Colorado lab ends after decade studying erosion of Mars atmosphere
Scientists at NASA and the University of Colorado Boulder have said goodbye to a spacecraft that has spent the last 11 years analyzing the atmosphere of Mars and how it became a rocky planet. The federal space agency announced Wednesday it has closed the Mars Atmosphere and Volatile Evolution (or MAVEN) mission after it lost…
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Developer says time is right in RiNo as apartments with amenities launch along A-Line
In an apartment market where large, new projects have run ahead of absorptions following a pandemic-driven construction boom, developers are starting to look past the supply issues and are doubling down on the potential of the River North Art District north of downtown. Denver-based Formativ Real Estate Group on Wednesday launched construction on its second…
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Xcel summer time-of-use rates begin, officials urge load shifting
The Colorado Office of the Utility Consumer Advocate is urging residential customers to shift heavy electricity use away from evening hours as Xcel Energy’s summer time-of-use rates took effect Monday. The two-tier summer schedule approved by the Public Utilities Commission charges significantly more during peak weekday evenings. For many households, the flat-rate alternative sits at…
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Denver-based Voyager to acquire company with moon base mission for $300M
Voyager Technologies, the growing defense and aerospace company based in Denver, is looking at the moon — and willing to spend $300 million to get in on the action surrounding the first lunar base. The company announced this week it signed an agreement to acquire Pittsburgh-based Astrobotic Technology, an aerospace company that develops lunar landers,…
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Denver International Airport CEO Phil Washington to retire
Denver International Airport CEO Phil Washington, who oversaw the airport’s rapid growth during the last five years, will retire on Aug. 1, the airport announced on Wednesday. “I am honored to have served the public for so many years,” Washington said in a news release. “But this was a long-planned decision.” Washington was nominated by…
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Colorado governor rejects bill to ban individualized pricing, wages based on personal data
Gov. Jared Polis vetoed a Democratic‑backed bill that would have prohibited companies from using personal data to set individualized prices or wages, saying the proposal was overly broad and could unintentionally restrict legitimate consumer discounts. House Bill 1210 sought to bar companies from using a “price or wage‑setting algorithm,” defined as any technology that uses…
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RTD rider satisfaction rises, but overall transit use stagnates
The Regional Transportation District on Monday released its annual customer and community survey results, which show rising satisfaction among bus and rail riders. But critics said those gains mask a deeper disconnect with broader metro Denver and statewide preferences for personal vehicle travel. RTD reported 82% satisfaction among bus customers and 87% among rail customers…
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Denver gives green light for $15.5M to help revive historic jazz hub and hotel
The historic Rossonian Hotel — once a renowned jazz hub — is one step closer toward playing its song again. On Monday, the Denver City Council unanimously approved the creation of a tax increment financing area around the Rossonian Hotel to help reimburse up to $15.5 million to support redeveloping the building at the heart…