Denver Business News
OnDenver.com is your guide to discovering the quickest, most up-to-date business news in Denver.
Colorado electric commercial vehicle producer goes public amid accelerating growth - Tue, 11 May 2021
As Amazon, DHL Express, IKEA and other companies gear up to deploy tens of thousands of electric vehicles across the country, Lightning eMotors is hiring more people and expanding its production space to help meet the rising demand for zero-emissions commercial fleets. And the fast-growing Loveland-based company sees its new status as a public company as a key milestone in the effort
As online shopping grows, so does FedEx Ground with Denver hiring spree - Tue, 11 May 2021
FedEx Ground is looking to hire more than 800 additional workers in the Denver area as the continued rise in online shopping drives demand for seven-day-a-week home deliveries, the company said Monday.
Oil and gas firm subleases two floors from Newmont in DTC - Tue, 11 May 2021
In Belleview Station, one Fortune 500 firm has agreed to sublease from another.
Colorado Democrats look to ax tax breaks for wealthy and corporations - Tue, 11 May 2021
Democrats in the Colorado legislature seek to eliminate tax credits for some businesses and wealthy people while putting more money toward the state Earned Income Tax Credit and fund the Colorado Child Tax Credit.
Colorado energy companies Bonanza Creek, Extraction announce $2.6B merger - Mon, 10 May 2021
Colorado oil and gas producers Bonanza Creek Energy and Extraction Oil and Gas Inc. have agreed to an all-stock merger to create a new company named Civitas Resources, valued at about $2.6 billion.
Chipotle will raise its average wage to $15 an hour - Mon, 10 May 2021
Hoping to attract more employees, Chipotle said Monday it was increasing its wages to an average of $15 an hour by the end of June.
Top Denver/Boulder April home sales: Architect couple who designed own house sell it for $7.9M - Sun, 09 May 2021
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.
On Philanthropy: The case for corporate social purpose and community investment - Sun, 09 May 2021
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 […]
Rising lumber costs explode the tab on new home construction, DIY projects in Colorado - Sun, 09 May 2021
Market experts say the cost of lumber – measured in 1,000-foot increments -- in Colorado and nationally has tripled or worse since last year, an unprecedented demand exacerbated by low inventory caused by the pandemic and a dim view of any improvement.
Major U.S. pipeline halts operations after ransomware attack - Sat, 08 May 2021
The operator of a pipeline that transports fuel across the East Coast said Saturday it was the victim of a ransomware attack and temporarily halted all pipeline operations.