Tag: Business
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York Space Systems plans to acquire another aerospace company
Denver-based York Space Systems is set to acquire another aerospace company, this time to boost its solar capabilities in space. York announced on Tuesday it signed an agreement with Arizona-based Solestial, a manufacturing company specializing in producing solar cells at a lower cost than traditional solar products for space. The Denver aerospace company will buy…
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Colorado’s proposed battery regulations target fire risks, raise enforcement, cost questions
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Some worry consumers would face civil or administrative fines under the legislation Lawmakers have passed new regulations mandating sellers of lithium-powered batteries to register with the state and produce outreach plans before they can engage in business in Colorado. Under the proposal, providers must also collect “unwanted” propulsion batteries, ensure their “responsible managements,” and produce…
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Liquor operator pleads guilty to tax fraud totaling $2.2M, federal prosecutors say
An Aurora business owner pleaded guilty to tax fraud last week after IRS investigators say they found he had diverted money from a Denver liquor store and a drain installation company to private accounts to dodge having to report his actual income. In 2021 alone, federal prosecutors said, Manuel Rocha reported that Rocha’s Liquor and…
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Colorado Boulevard bus rapid transit project invites fierce criticism, support
Critics call it ‘social engineering gone amuck.’ Supporters insist slower traffic would save lives. A major debate is underway over proposed bus rapid transit changes along Colorado Boulevard, with supporters arguing they would tackle safety, air quality and congestion problems, while critics call it “social engineering” meant to make it so painful that people would…
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Band of tech entrepreneurs sounds alarm on Colorado’s business climate | Vince Bzdek
By Vince Bzdek It’s really not a headline you want to see in the national press: “Entrepreneurs Flocked to Colorado. Now Red Tape Is Driving Some Away” warned a recent Wall Street Journal article. “A vocal band of Colorado software engineers and venture capitalists,” wrote the author, “are increasingly grumbling that their tech haven in…
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Can Denver’s Cherry Creek be ‘construction chic’ during its growth spurt?
In Denver’s Cherry Creek North, the streets were busy with Tesla Cybertrucks, joggers wearing Lululemon and construction workers donning their neon orange vests on Friday morning. The sounds of drills and metal clanking filled the air, as cranes cast their shadows onto the ground. A sidewalk sign read “Construction chic is the new look” as…
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Colorado’s quantum hub continues to grow as big companies scale
A major quantum computing company has established a presence in Colorado. IonQ announced it opened a new laboratory and semiconductor chip testing facility in Boulder this week. The 22,000-square-foot laboratory on 38th Street and Arapahoe Avenue is set to bring in a quantum computer later in the year so IonQ can design and test its…
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Plan to revive historic hotel, once heart of Denver’s jazz scene, moves forward with urban renewal financing
A development project set to bring life back to one of Denver’s historic jazz venues is set to get extra help from the city to make it happen. The Finance and Business Committee, a group of City Council members who take up budget and economic development decisions, unanimously approved the creation of a tax increment…
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Plan to revive historic hotel, once heart of Denver’s jazz scene, moves forward with urban renewal financing
A development project set to bring life back to one of Denver’s historic jazz venues is set to get extra help from the city to make it happen. The Finance and Business Committee, a group of City Council members who take up budget and economic development decisions, unanimously approved the creation of a tax increment…
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Plan to revive historic hotel, once heart of Denver’s jazz scene, moves forward with urban renewal financing
A development project set to bring life back to one of Denver’s historic jazz venues is set to get extra help from the city to make it happen. The Finance and Business Committee, a group of City Council members who take up budget and economic development decisions, unanimously approved the creation of a tax increment…