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Top News & Analysis Denver

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  • Aug 28- Charles Schwab Corp's online trading platforms were temporarily unavailable, a spokesman for the brokerage firm said on Friday morning. The spokesman did not elaborate on the cause of the problem, and a customer service representative in Denver said Schwab did not have an estimate of when online access would be restored. Earlier in the week, discount...

  • DENVER— A man convicted of stabbing five people to death at a Denver bar and setting the business on fire will not be executed and instead will serve a lifelong prison sentence, a jury decided Thursday. It was the second time in a month that a Colorado jury has decided against execution for a mass killer. Earlier this month, jurors choose not to give the death penalty...

  • SALT LAKE CITY— A legal battle over a hotly contested Utah law banning minimum prices for contact lenses is set to come before a federal appeals court on Thursday. Alcon Laboratories, Johnson& Johnson and Bausch& Lomb call the law a brazen overreach written specifically to help Utah- based discount seller 1-800 Contacts. The manufacturers are appealing a ruling...

  • Urban areas where commuters endure the most extra hours Wednesday, 26 Aug 2015 | 12:01 AM ET

    Traffic congestion nationally reached a new peak last year and is greater than ever before, according to a report by the Texas A&M Transportation Institute and INRIX Inc. Their analysis is based on federal data on the number of cars on the road and on traffic speed data collected by INRIX on 1.3 million miles of urban streets and highways. 1. Washington, D.C.-...

  • HELENA, Mont.— Montana reached a settlement with CenturyLink on Tuesday that requires the telecommunications company to improve maintenance response times and accept a federal grant to expand broadband in the state. The Public Service Commission voted 4-0 to approve the agreement, which demands that CenturyLink take the six-year, $90 million grant from the...

  • *New home sales increase 5.4 percent in July. WASHINGTON, Aug 25- New U.S. single-family home sales rebounded in July and consumer confidence increased to a seven-month high in August, pointing to underlying strength in the economy that could still allow the Federal Reserve to raise interest rates this year. New home sales increased 5.4 percent to a seasonally...

  • U.S. startup seeks crowdfunding to produce business jet Tuesday, 25 Aug 2015 | 10:00 AM ET

    WASHINGTON, Aug 25- XTI Aircraft, a Denver, Colorado- based aerospace startup firm, launched an equity crowdfunding campaign on Tuesday to raise $50 million to fund the production of the TriFan 600, a six-seat fixed wing jet that can take off and land like a helicopter. The company's leaders include Jeffrey Pino, the former president of Sikorsky Aircraft, a unit of...

  • NEW YORK, Aug 25- U.S. single-family home prices rose a tad faster from a year ago in June, suggesting resilience in the housing sector as the Federal Reserve has stuck to a near-zero interest rate policy, a closely watched survey said on Tuesday. Denver, San Francisco, and Dallas again experienced the biggest year-over-year home appreciation among the 20 cities...

  • US home prices rise steadily in June as sales pick up Tuesday, 25 Aug 2015 | 9:06 AM ET

    Prices rose 10.2 percent in Denver, 9.5 percent in San Francisco and 8.2 percent in Dallas. Chicago posted the smallest gain, just 1.4 percent. The National Association of Realtors said last week that sales of existing homes rose 2 percent in July to a seasonally adjusted annual rate of 5.59 million, the fastest pace since February 2007.

  • NEW YORK, Aug 25- U.S. single-family home prices rose a tad faster from a year ago in June, suggesting resilience in the housing sector as the Federal Reserve has stuck to a near-zero interest rate policy, a closely watched survey said on Tuesday. Denver, San Francisco, and Dallas again experienced the biggest year-over-year home appreciation among the 20 cities...

  • US home rents rose in July as ownership market cooled Tuesday, 25 Aug 2015 | 8:30 AM ET

    On a month-to-month basis, rents increased in Baltimore, Boston, Minneapolis, Phoenix and Washington, D.C. By contrast, home values in those markets declined. The trend is most pronounced around Washington, where home values slipped on an annual as well as on a monthly basis. Over the past 12 months, the median home price in Washington fell 0.7 percent to $356,500.

  • President Barack Obama signed a federal declaration of emergency for Washington state on Friday, authorizing the U.S. Department of Homeland Security and the Federal Emergency Management Agency to coordinate relief efforts in 11 counties and several Indian reservations hard hit by wildfires. The Okanogan Complex includes the so-called Twisp River fire,...

  • Colorado rebrands anti-pot campaign for kids Thursday, 20 Aug 2015 | 4:03 AM ET

    Marijuana isn't evil, but teens aren't ready for it: That's the theme of a new effort by Colorado to educate youths about the newly legal drug. Colorado launched a rebranding effort Thursday that seeks to keep people under 21 away from pot. It's a second try for Colorado when it comes to keeping minors away from marijuana.

  • DENVER— Colorado's battle over who should regulate fracking could be on the fast track to the state Supreme Court. The Colorado Court of Appeals on Monday asked to bow out of lawsuits over Longmont's ban on fracking and a 5- year-moratorium in Fort Collins. Local voters approved a ban in Longmont in 2012 and a moratorium in Fort Collins in 2013, prompting...

  • WASHINGTON— Say this about New York: If you can afford a first home there, you can probably afford one anywhere. A new analysis by the real estate firm Zillow found that the typical income for a first-time buyer is $54,340, pretty much the same as it was in the late 1970 s after adjusting for inflation. Yet that looks like a relative bargain compared with New York, San...

  • Record number of travelers strain Seattle Airport Saturday, 15 Aug 2015 | 1:31 PM ET

    In response, the Transportation Security Administration added officers to screen departing travelers in Seattle. U.S. Customs and Border Protection has 10 new people to welcome arriving international passengers. Anthony Kwacz, of Seattle, said he travels up and down the West Coast and believes not enough is being done to relieve the pressure in the crowded...

  • The 5th U.S. Circuit Court of Appeals in New Orleans said the Federal Deposit Insurance Corporation could sue Deutsche Bank AG, Goldman Sachs Group Inc and Royal Bank of Scotland Group Plc for making false statements in selling $840 million in mortgage bonds to a failed Texas bank. The court ruled that a federal law passed in 1989 after the savings and loan crisis...

  • WILLISTON, N.D., July 29- U.S. oil companies, under renewed pressure from falling crude prices, are increasingly tweaking and mixing fracking technologies as they scramble to squeeze more out of wells and eke out profits after rounds of cost-cutting. Shale oil firms need the experiments to payoff now more so than before given that oil prices have resumed their...

  • U.S. home price growth stalls in May-S&P/Case-Shiller Tuesday, 28 Jul 2015 | 8:59 AM ET

    NEW YORK, July 28- U.S. single-family home prices in May rose from the previous year at the same pace as April but fell short of forecasts, as housing construction slowed and new home sales lagged existing home sales, a closely watched survey said on Tuesday. Denver, San Francisco, and Dallas experienced the biggest year-over-year home appreciation among the 20...

  • EXCLUSIVE-Atkins Nutritionals heads for IPO -sources Friday, 24 Jul 2015 | 1:19 PM ET

    July 24- Atkins Nutritionals Inc plans to pursue an initial public offering after an effort to sell the U.S. maker of protein bars, shakes and frozen meals did not meet its price expectations, according to people familiar with the matter. Atkins' private equity owner, Roark Capital Management LLC, is now seeking a valuation of roughly $1 billion, including debt, for...