Local News - Denver Business Journal (BETA)

VC firms invest $296M in Colorado

Sat Jul 18, 12:03 AM ET

Despite the economic downturn, Colorado companies received more venture capital investment last quarter than at any time since at least 2003, according to data released late Friday.

  • Judge rules against Amendment 54 Fri Jul 17, 7:20 PM ET

    Denver District Judge Catherine Lemon issued a preliminary injunction late Friday suspending enforcement of Amendment 54, the so-called Clean Government Initiative.

  • Dow gains 32 points Fri Jul 17, 4:48 PM ET

    Wall Street ended the week with slight changes in the major indices Friday. The Dow Jones Industrial Average gained 32.12 points, or 0.37 percent, to close at 8,743.94.

  • Xcel files natural gas rate request Fri Jul 17, 4:33 PM ET

    Xcel Energy Inc. on Friday filed a commodity price request that would lower natural gas bills for residential customers but raise them for small business customers.

  • Paragon Solutions Group is bought Fri Jul 17, 1:18 PM ET

    Information technology company Paragon Solutions Group Inc. has become the subsidiary of another company under a deal announced Friday.

  • McDonald's ranks Denver No. 6 Fri Jul 17, 12:50 PM ET

    McDonald’s USA LLC considers Denver to be one of the best places for families in America.

  • Casino tax revenue hits low point in 2008 Fri Jul 17, 12:45 PM ET

    Colorado collected the least amount of tax revenue from the state’s casinos last year than it has since 2001, the Colorado Division of Gaming reported Thursday.

  • Spyder brings in new leadership Fri Jul 17, 12:45 PM ET

    Two C-level executives from California have been brought in to run Spyder Active Sports Inc., marking the first time in its history the manufacturer has been controlled by a nonfamily member.

  • Colo. jobless rate steady at 7.6 percent in June Fri Jul 17, 11:37 AM ET

    Colorado employers added 12,300 jobs in June, while the unemployment rate remained unchanged at 7.6 percent, the Colorado Department of Labor and Employment said on Friday.

  • Colorado PUC hears debate on whether it should regulate Tri-State Fri Jul 17, 9:48 AM ET

    Officials of Tri-State Generation & Transmission Association Inc., Colorado's second-largest electricity generator, and environmentalists debated whether the Colorado Public Utilities Commission should oversee Tri-State at a three-hour hearing Thursday.

  • Denver to get two beer weeks Fri Jul 17, 2:17 AM ET

    Denverites will be able to revel this September in the first week set aside specifically for the local celebration of beer.

  • Loan officer sentenced to 41 months in mortgage-fraud case Thu Jul 16, 6:50 PM ET

    A Denver-area loan officer has been sentenced to up to 41 months in federal prison following her conviction on conspiracy charges in connection with a mortgage-fraud scheme, the U.S. Attorney’s Office for Colorado announced Thursday.

  • Dow up over 1% Thursday; Arca Biopharma leads Colorado gainers Thu Jul 16, 5:05 PM ET

    With a rise of just over 1 percent Thursday, the Dow has gained 565 points since Friday’s close. In Colorado, Arca Biopharma led actively traded gainers with a jump of nearly 50 percent.

  • Sun Microsystems shareholders OK sale to Oracle Thu Jul 16, 4:12 PM ET

    Sun Microsystems Inc. shareholders Thursday approved the company’s sale to database software giant Oracle Corp. (JAVA)

  • Business bankruptcies up 60% in first half of 2009 Thu Jul 16, 2:02 PM ET

    Colorado business bankruptcy filings surged 60 percent in the first half of 2009, according to data from the U.S. Bankruptcy Court.

  • Colorado Rockies to get new spring-training park near Scottsdale Thu Jul 16, 1:50 PM ET

    The Colorado Rockies and Arizona Diamondbacks baseball teams are moving their spring training to the Salt River-Pima Maricopa Indian Reservation east of Scottsdale, Ariz.

  • Dish Network to pay $6M to settle deceptive-practices allegations, denies wrongdoing Thu Jul 16, 1:50 PM ET

    Satellite television company Dish Network Corp. will pay $6 million to 46 states and pay back fees to some customers in a settlement of deceptive-trade-practice allegations involving hidden charges to subscribers. (DISH)

  • Denver Woman vets launch magazine Thu Jul 16, 1:35 PM ET

    Colorado is about to get a new woman’s magazine.

  • Survey: HR optimism inches up for Q3 Thu Jul 16, 1:20 PM ET

    U.S. human-resource professionals are showing increased faith in the job market for the third quarter, according to a survey released Thursday.

  • Bank of America Corp. units to buy back securities Thu Jul 16, 1:14 PM ET

    Two non-bank units of Bank of America Corp. will buy back $155 million worth of auction rate securities from Colorado investors who were unable to sell them after the market froze in February 2008, Colorado Securities Commissioner Fred Joseph said Thursday.