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Business News

Denver Business News is your guide to discovering the quickest, most up-to-date business news in Denver.

Masks are the new fashion accessory: Denver retailers, shoppers weigh in on the COVID-created outlet for self-expression - Sun, 18 Oct 2020
Government intervention has played a role in masks moving from something largely associated with medical workers to something accepted and expected in a wider variety of contexts from the workplace to Colorado's mountain trails.

Schoolchildren are stalled by a growing laptop shortage - Sat, 17 Oct 2020
A surge in worldwide demand by educators for low-cost laptops and Chromebooks -- up to 41% higher than last year — has created monthslong shipment delays and pitted desperate schools against one another. Districts with deep pockets often win out, leaving poorer ones to give out printed assignments and wait until winter for new computers to arrive.

Inside the social world of a shift-scheduling app - Sat, 17 Oct 2020
Zoom fatigue, layoffs in Slack chat, reply-all meltdowns and the general destruction of work-life boundaries: The digitized plight of the white-collar office employee, 9-to-5-ing remotely, has been documented extensively.

Health care real estate firm eyeing metro Denver for corporate headquarters - Sat, 17 Oct 2020
A multibillion-dollar California real estate investment trust and the U.S. arm of a Japanese aerospace firm are considering locating their headquarters in metro Denver, according to incentive requests approved this week by the Colorado Economic Development Commission.

Denver-born billionaire Robert Smith reaches $139 million tax settlement with federal prosecutors - Fri, 16 Oct 2020
Robert Smith, an alumnus of Denver's East High School, has been under federal investigation since 2016 for dodging taxes on $200 million in assets moved through financial entities based in the Caribbean.

Colorado sees 7% increase in new unemployment claims as joblessness increases across the country in early October - Thu, 15 Oct 2020
New unemployment filings continued to rise in Colorado last week, an indication that the economic recovery from the coronavirus-spurred recession is as uneven at altitude as it has been across the nation as a whole.

U.S. layoffs remain elevated as 898,000 seek jobless aid - Thu, 15 Oct 2020
The number of Americans seeking unemployment benefits rose last week to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession that erupted seven months ago.

COVID-19 pandemic accelerates Denver food-cart maker’s addition of electric vehicles to its line - Wed, 14 Oct 2020
About 40 years ago, Dan Gallery and his sister, Debbie, saw an opportunity to expand the reach of the family's Chicago-style deli by selling food from a hot-dog cart in downtown Denver. Four decades later, Carts of Colorado has rebranded itself as Gallery Carts, Kiosks, Portables. It supplies customized, portable carts for sports stadiums, convention centers, airports and other venues across the county and in Canada. And it has added electric vehicles to its product line.

Colorado to write off up to $1.4 million it overpaid to people on Pandemic Unemployment Assistance - Wed, 14 Oct 2020
Under an executive order from Gov. Jared Polis to rush money into the hands of people who needed it as the COVID-19 pandemic cratered the economy, the Colorado Department of Labor and Employment started paying people through the program without vetting their paperwork and eligibility upfront, officials say.

Apple unveils new iPhones for faster 5G wireless networks - Tue, 13 Oct 2020
Apple unveiled four new iPhones equipped with technology for use with faster new 5G wireless networks.