Tag: Investment
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Denver investment fund manager sentenced to six years for fraud
Facebook Twitter WhatsApp SMS Email Print Copy article link Save A Denver man was sentenced to six years in prison Friday for nearly $1 million of financial fraud and theft. Jason Lobins, founder of The Lobins Group, plead guilty to one count of securities fraud and one count of theft, according to a news release…
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Electric transmission industry group highlights weaknesses in America’s power grid
Aging power lines and increasing loads push investment in new transmission infrastructure
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Xcel Energy invests $22 billion in Colorado, anticipates major growth in energy demands
Colorado investment is part of a $45 billion capital investment by its Minnesota parent company
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Aerospace company to bring more than 600 jobs to Colorado
Boecore, a Colorado Springs-based aerospace and defense company that specializes in software development, system engineering and cybersecurity, will bring more than 600 jobs to the region and invest nearly $8 million to remodel and expand its facilities. The Colorado Springs Chamber & EDC released the news Tuesday at its office, which during the past year…
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Colorado is ‘well positioned’ for a US debt default, says state Treasurer Dave Young
With eight days to go until the United States is unable to pay its bills, the White House and Congress are still nowhere near an agreement on raising the national debt ceiling. The U.S. reached its $31.4 trillion debt ceiling — the limit on how much the government can borrow — in January. Treasury Secretary…
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Colorado-based Sierra Space raises $1.4B in capital campaign
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Sierra Space, a commercial space company based in Louisville, Colo., raised $1.4 billion from investors during the first round of a capital raise campaign, according to a news release. The company, now valued at $4.5 billion, is building a reusable orbital spaceplane called the Dream Chaser. The Series…
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JPMorgan Chase donates $1.3 million to Colorado’s COVID-19 eviction defense program
The investment banking company JPMorgan Chase is donating $1.3 million to Colorado’s COVID-19 eviction defense program, the company announced Friday. The Colorado COVID-19 Eviction Defense Project supports eviction prevention in the state by providing tenants with resources including rental assistance, negotiation services, legal services and rehousing placements. The company’s $1.3 million two-year investment comes as…
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Fidelity Investments adding 500 Colorado jobs
Fidelity Investments announced its hiring spree in Colorado continues, adding up to 500 more employees in coming months as part of a nationwide push to create 9,000 jobs. The Boston-based financial services company has a large contact center in Greenwood Village, five branches on the front range including Broomfield, Cherry Creek, LoDo, Lone Tree, Colorado…





