Business

Helen H. Richardson, The Denver Post Tim Reeser, CEO and Co-founder of Lightning eMotors, is pictured in the vehicle assembly shop of the company in Loveland on May 4, 2021. That business entails home deliveries, which boomed as online purchases and grocery orders proliferated.  Reeser said the industry is seeing an uptick in interest in […]

FedEx Ground is looking to hire more than 800 additional workers in the Denver area as consumers keep shifting more of their shopping online, which is driving for seven-day-a-week home deliveries, the company said Monday. The openings are for handlers to load and unload packages at warehouses in Broomfield, Henderson and near Centennial Airport. The […]

In Belleview Station, one Fortune 500 firm has agreed to sublease from another. Oil and gas firm DCP Midstream is moving its headquarters into 72,000 square feet of office space in the new building at 6900 Layton St., subleasing the space from gold mining firm Newmont Corp. The deal was announced Friday by Denver-based developer […]

RepurposedMaterials gives new life to commercial waste that is otherwise bound for the landfill. The Denver-based company estimates that every year, it keeps 3 million pounds of refuse out of dumps across the United States. Its founder, Damon Carson, accepts all kinds of industrial waste — think hundreds of pounds of rope, used firehoses, and […]

California Gov. Gavin Newsom (D) announced Monday that California surprisingly amassed a $75.7 billion budget surplus last year, and he will propose using some of that windfall for direct payments to state residents earning up to $75,000 a year. Last year, California officials warned about facing a budget deficit of up to $50 billion, but […]

Colorado oil and gas producers Bonanza Creek Energy and Extraction Oil and Gas Inc. have agreed to an all-stock merger valued at $2.6 billion to create a new company named Civitas Resources. The companies said Monday in a statement that the combined corporation will operate on about 425,000 acres and have a daily production base […]

Numerous stories have been written recently about how low-wage service businesses are struggling to hire workers, with bosses often placing blame on enhanced unemployment benefits. The disappointing April jobs report released last week inspired many commentators to echo this analysis: The post-pandemic recovery is slowing down because government benefits are too generous. The business class […]

The Republican governors of Arkansas, Montana, and South Carolina have announced plans to cut expanded federal jobless benefits, arguing that the extra $300 a week is keeping people from returning to the workforce. “More states are expected to follow,” Rep. Kevin Brady (R-Texas) said Friday, after the Labor Department reported a smaller-than-expected 266,000 jobs added […]

A relatively new Russian criminal organization known as DarkSide may be behind the recent ransomware attack against the Colonial Pipeline, two sources familiar with the matter told NBC News on Sunday. Operated by the Georgia-based Colonial Pipeline Co., the Colonial Pipeline runs from Texas to New Jersey, transporting 45 percent of the East Coast’s fuel […]

A couple who designed and built a Hamptons-inspired home in Boulder sold it for $7.9 million last month, earning the top spot among local home sales in April. Dennis and Annette Martin, both of whom are architects, sold their newly built 5,665-square-foot home at 1810 Norwood Ave. on April 15 to Vinay Nair, according to […]

The need for businesses to focus on corporate social responsibility has never been more urgent, and the case for doing so has never been stronger. The quadruple whammy of the COVID 19 pandemic, expanding income inequality, the racial justice movement, and climate change are driving corporations, large and small, across the U.S. and abroad, to […]

Like many other families affected by the impact of the stay-at-home pandemic, Deborah Cowles saw it as a grand opportunity to improve the look of a few things around her Centennial home. But the timing of a desire to replace an aging cedar fence just wasn’t working out, so Cowles chose to put it off […]