Category archives for: Denver Business Journal

Dish draws scrutiny to SoftBank-Sprint security

Dish Network Corp. seems to have found some traction with its complaints of national security concerns surrounding Tokyo-based SoftBank Corp.’s deal to buy mobile phone carrier Sprint Nextel Corp. Dish, the Douglas County-based satellite TV company, wants Sprint, too. It has suggested SoftBank’s acquisition of Overland Park., Kan.-based Sprint should be scrutinized and federal officials [...]

Xcel settles with OSHA on Cabin Creek power plant ...

Xcel Energy Inc. will pay $ 150,000 in penalties for workplace safety violations at the utility’s power plant near Georgetown found by the Occupational Safety and Hazard Administration (OSHA) after five men died in a chemical fire at the site six years ago. Five California men died Oct. 2, 2007, at the utility’s Cabin Creek [...]

Denver luxury homes sales double a year ago

Homes with a price tag of more than $ 1 million sold at more than twice the rate they did a year ago, according to a report released Thursday by Coldwell Banker Residential Brokerage. Ninety-three of those luxury homes sold in April in the Denver area, according to the report, while 44 sold in April [...]

Murray Motor Imports selling two dealerships

Murray Motor Imports Co. of Denver has agreed to sell two of its dealerships to Sonic Automotive Inc. for an undisclosed amount. The dealerships changing hands are Murray BMW, 900 S. Colorado Blvd., and Mercedes-Benz of Denver, 940 S. Colorado Blvd. The purchase price wasn’t disclosed. Sonic Automotive (NYSE: SAH) of Charlotte, N.C,. said the [...]

Hickenlooper shifts funds to cover health exchange

On Wednesday, Colorado’s health benefit exchange got a substantial number of participants. And on Thursday, it officially got its funding source. Gov. John Hickenlooper signed House Bill 1245, sponsored by Rep. Beth McCann, D-Denver, which gives to the exchange $ 23.5 million over the next two years that had been used to fund the soon-to-be-defunct [...]

Denver federal appeals court hears Hobby ...

A Denver-based court’s decision on whether Hobby Lobby Stores Inc. may refuse to provide contraceptive coverage to employees under the federal health care reform law may hinge on whether for-profit companies have the same rights as nonprofits and sole proprietors to say that a federal law places a substantial burden on owners’ ability to follow [...]

Hispanic Chamber of Commerce of Metro Denver ...

The Hispanic Chamber of Commerce of Metro Denver on Thursday recognized the area’s top Latino business leaders, praised the Colorado Legislature’s passage of the Colorado ASSET Bill as an economic boon to the state and honored Katherine Archuleta with a lifetime achievement award. “You are all winners in our heart because of what you do [...]

‘Go’ goes away; car stores now named ...

AutoNation Inc. made it official Thursday, removing the “Go” name from its 18 auto dealerships in metro Denver and replacing it with the AutoNation brand. The Denver Business Journal reported the change was coming in January. Fort Lauderdale, Fla.-based AutoNation (NYSE: AN), the largest auto retailer in the U.S., marked the branding transition by meeting [...]

Denver federal judge considering fix-it order ...

A federal judge in Denver who ruled that Abercrombie & Fitch Co. limited access by the disabled to hundreds of its Hollister Co. stores is considering whether to order the teen clothing chain to pay millions to correct the problem. The Associated Press reports that U.S. District Judge Wiley Daniel is considering whether to issue [...]

Noodles & Company files for IPO

Noodles & Company has filed for an initial public offering of its Class A common stock, the Broomfield-based restaurant chain announced Thursday. The registration statement for the IPO indicates Noodles & Company hopes to raise as much as $ 75 million. The company hasn’t announced how many shares it intends to sell, or at what [...]

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