Top News & Analysis Denver

  • The court will hear an appeal filed by investment adviser Charles Kokesh, who the SEC sued in 2009 for allegedly misappropriating money from several business-development company funds to pay for expenses such as salaries and bonuses. The case hinges on whether the SEC has time limits on seeking disgorgement of ill-gotten gains, a remedy the regulator often...

  • The court will hear an appeal filed by investment adviser Charles Kokesh, who was sued by the SEC in 2009 for allegedly misappropriating money from several business-development company funds to pay for expenses such as salaries and bonuses. The SEC currently faces a five-year statute of limitations on collecting civil penalties, a time restriction that the...

  • DENVER— Citing backlash from Republicans, Colorado's Democratic governor said Tuesday he has abandoned the idea of issuing an executive order to seek a one-third cut in greenhouse gas emissions from power plants. John Hickenlooper insisted he hadn't given up on the proposal's goals— or his own commitment to maintaining Colorado's status as a national...

  • Chipotle shares were up 5 percent at $414.85 after the Denver- based company said same-store sales for December surged 14.7 percent, compared with a 30 percent drop the year earlier. Still, shares in the chain remain far below their all-time peak of nearly $750 hit in summer 2015 as the company works to fix customer service issues and other operational...

  • The Denver company said Tuesday that sales at established stores jumped 14.7 percent in December. Revenue is expected to be $1.04 billion for the quarter, which is just shy of Wall Street's projection for $1.05 billion. Yet the strong sales number in the final month of the year sent shares of Chipotle Mexican Grill Inc. up $21.64, or 5.5 percent, to $416.70, in...

  • Frontier Airlines says its chief operating officer has left the company, the second high-level departure in less than a month at the budget airline. Denver- based Frontier ranks 10th among the 12 biggest U.S. airlines at on-time performance, with one in every four flights arriving late in the latest 12- month figures from the Department of Transportation.

  • CAMARILLO, Calif.— The average price of regular-grade gasoline has surged 12 cents nationally over the past three weeks, to $2.38 a gallon. Gas in San Francisco was the highest in the continental United States at $2.78 a gallon on average Friday. The low average was in Denver, at $2 a gallon.

  • DALLAS— The suspect in a deadly shooting at a Florida airport used a gun that he had stored in his checked luggage, raising questions about airport security and whether safety officials need to change the current rules. Esteban Santiago, 26, retrieved his gun from his bag on the carousel, loaded it in a bathroom of the Fort Lauderdale-Hollywood International...

  • The ruling by the 10th U.S. Circuit Court of Appeals in Denver in the case of Colorado businessman David Bandimere marked a major setback for the SEC amid attacks by defendants who question the fairness of its administrative court system. The holding on Tuesday marked a departure from the U.S. Court of Appeals for the District of Columbia Circuit, which in August...

  • Dec 27- U.S. consumer confidence shot to its highest in more than 15 years in December as Americans saw more strength ahead in business conditions, stock prices and the job market following the election of Donald Trump as president in November. The gain in confidence was entirely due to rising expectations as consumers' assessments of current conditions dipped,...

  • Looking ahead to next year, restructuring advisers said they expect more energy-related bankruptcy filings, as the sector prepares for an upturn that could follow implementation of President-elect Donald Trump's pro-drilling agenda or OPEC's plan to cut oil production for the first time in eight years. Denver- based Bonanza Creek, with oil and natural gas...

  • ALLENTOWN, Pa., Dec 23- A cargo plane emblazoned with " Prime Air" descended from an empty sky at Lehigh Valley International Airport on Tuesday, ninety minutes from the bustle of New York City, loaded with crates of goods during the peak holiday shopping season. Exclusive payload data reviewed by Reuters and interviews with airport officials around the country...

  • Dec 20- Legalizing recreational marijuana in California is creating a gold rush for a decidedly less intoxicating sector: warehouses in which to grow the plants. Shares of industrial warehouse companies such as Prologis Inc, Rexford Industrial Realty Inc and Terreno Realty Corp that have significant exposure to the California market should benefit even if...

  • Dec 16- Chipotle Mexican Grill Inc, under pressure from activist investor Bill Ackman, named four new board members on Friday, paving the way for a reunion of sorts between its chief executive and a former top executive at McDonald's, which once owned the burrito chain. Media executives Paul Cappuccio and Robin Hickenlooper, as well as Ali Namvar, a partner at...

  • Dec 16- Chipotle Mexican Grill Inc, under pressure from activist investor William Ackman, named four new board members on Friday, paving the way for a reunion of sorts between its chief executive officer and a former top executive at McDonald's, which once owned the burrito chain. Matthew Paull, a former McDonald's Corp chief financial officer, will join the...

  • The unit, whose onshore operations span five states- Colorado, New Mexico, Oklahoma, Texas and Wyoming- and seven oil and gas basins, has average daily net production of about 300,000 barrels of oil equivalent. Denver is a logical- and strategic- place for us to be and a natural fit for our business, " BP Lower 48 Chief Executive David Lawler said. A number of employees from...

  • WASHINGTON, Dec 12- The U.S. Supreme Court on Monday left in place a Colorado law dubbed the "Amazon tax" designed to make it easier for the state to collect sales taxes on out-of-state internet purchases, refusing to hear a challenge to it by an industry trade group. The justices declined to take up the Direct Marketing Association's appeal of a February ruling by...

  • WASHINGTON, Dec 12- The U.S. Supreme Court on Monday left in place a Colorado law dubbed the "Amazon tax" designed to make it easier for the state to collect sales taxes on out-of-state internet purchases, refusing to hear a challenge to it by an industry trade group. The justices declined to take up the Direct Marketing Association's appeal of a February ruling by...

  • LOS ANGELES, Nov 28- Drivers for ride service company Uber will join planned nationwide protests on Tuesday, when activists and low-wage workers renew their call for better pay and the right to join a union in the wake of Donald Trump's U.S. presidential election win, organizers said. Hundreds of Uber drivers in two dozen cities, including San Francisco, Miami and...

  • Nov 18- Cybersecurity company Optiv Security Inc, majority owned by Blackstone Group LP, filed with U.S. regulators for an initial public offering of its common stock on Friday. The company set a nominal fundraising target of $100 million in its filing with the U.S. Securities and Exchange Commission. Morgan Stanley, Goldman Sachs& Co, Barclays Capital Inc,...