Business

Tesla reported a massive loss in the first quarter of 2019 as it struggled to deliver its mass-market Model 3 and faced factors including a diminished federal tax credit and slowing demand for the sport sedan. The $702 million loss was higher than analysts forecast for the company, slightly less than the figure reported in […]

GLENWOOD SPRINGS, Colo. — More than 8,000 people from all over the world have already purchased passes this month to take the hike up to Glenwood Canyon’s Hanging Lake. The Post Independent reported Tuesday that a total of 8,639 people have booked their chance to hike the attraction at some point this summer since the […]

It wasn’t all that long ago the National Western Stock Show Association was talking about finding new ground on which to hold its annual extravaganza of agriculture and Western culture. Now the ground under its historic home in north Denver is about to be torn up as part of a $1 billion project designed, in […]

Adams County’s Colorado Air and Space Port signed a letter of intent on Tuesday to be a launch site for a Japanese-based aerospace company that plans to send commercial travelers into space one day. Provided by Spaceport ColoradoA rendering of the proposed Spaceport Colorado at Front Range Airport in Adams County. The aerospace company, PD […]

At an autonomous driving event for investors at Tesla headquarters in Palo Alto, CEO Elon Musk along with some Tesla engineers, showed off the hardware, the Larry Magid (Gary Reyes / Mercury News) software and the network that the company says will lead to fully autonomous vehicles by the middle of 2020. Related Articles Magid: […]

Tesla’s first quarter went as badly as expected. The electric-car maker missed Wall Street expectations by posting a $702 million loss, or $4.10 a share, on revenue of $4.5 billion. The company’s loss followed two profitable quarters in a row, and was about flat compared to the year-ago quarter. Revenue dropped 37 percent from last […]

SAN JOSE — The old Bo Town restaurant site in an up-and-coming section of downtown San Jose is being actively considered as a future tower project, according to a development group that has struck a deal to buy the choice property. A venture led by two San Jose-based real estate and investment companies, Urban Community, […]

A controversial bill that would force California cities to approve taller buildings in certain neighborhoods cleared its second hurdle Wednesday, passing a committee vote after undergoing a series of changes designed to make it more palatable to its many opponents. Senate Bill 50 scored a unanimous vote in the state Senate Governance and Finance Committee, […]

By Simon Casey and Kevin Crowley, Bloomberg Occidental Petroleum Corp. has started a bidding war in the Permian, offering $38 billion for Anadarko Petroleum Corp. in an attempt to break up a proposed takeover by Chevron Corp. Occidental said Wednesday it’s offering $76 per share in cash and stock, compared with Chevron’s April 12 agreement […]

SAN JOSE — BlueJeans Network, an up-and-coming cloud-based meetings company, has struck a deal to shift its headquarters to Santana Row in San Jose, the latest tech company to move its head offices to the Bay Area’s largest city. The tech company has subleased a big chunk of space in the 500 Santana Row building […]

Google employees, past and present, refuse to keep quiet. This week alone, the tech giant is facing accusations that it is retaliating against a couple of organizers of the massive worker walkout last year over the company’s handling of sexual harassment in the workplace, and a former senior research scientist has written an op-ed titled […]

By David Shepardson and Diane Bartz | Reuters Top U.S. lawmakers on Tuesday wrote to Google’s chief executive raising concerns about reports of a massive database known as Sensorvault that allegedly contains precise consumer location information from hundreds of millions of devices. The letter from Democrats and Republicans on the U.S. House Energy and Commerce […]