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Top News & Analysis Denver

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  • Denver's hot housing market sparks bidding wars Thursday, 21 May 2015 | 8:23 AM ET
    Denver's hot housing market sparks bidding wars

    CNBC's Diana Olick reports on the real estate boom in the Mile High City, as demand outpaces supply and prices are skyrocketing.

  • The top 10 cities for college grads Saturday, 16 May 2015 | 7:00 AM ET
    college graduates

    To determine the best cities for recent college graduates, Rent.com considered everything from employment rates to good restaurants. Here's its list.

  • WASHINGTON, May 15- When Republican Stefanie Linares ran for office in the deeply Democratic city of Chicago last year, she knew that her hard work wasn't likely to end in victory. The 31- year-old Hispanic lawyer lost her bid for the Illinois state Senate by a whopping margin. The Republican party fielded eight state legislature candidates in Chicago last year,...

  • The Chicago- based carrier said in a statement it plans to halt service to Stockholm and Oslo from its Newark, New Jersey, hub between Sept. 5 and May 4, 2016. It also expects to suspend one of its two daily flights between Newark and Paris from Oct. 25 through March 26, 2016, but use a larger aircraft, the Boeing Co 777-200, than it currently does on the flight that remains.

  • LONDON, May 8- Underground disposal of waste water produced from oil and natural gas wells has been blamed for triggering thousands of small earthquakes in Oklahoma and a number of other U.S. states since 2009.. Heightened seismic activity corresponds closely with the timeframe and location of increased drilling and hydraulic fracturing across the...

  • May 5- CoBank, the largest cooperative bank within the U.S. government-backed Farm Credit System, on Tuesday reported first-quarter net income that was flat compared with a year ago but said loan demand had risen 5 percent. Denver- based CoBank said net income for the quarter ended March 31 was $232.2 million, compared with $231.3 million in the year-ago quarter.

  • May 4- DaVita HealthCare Partners Inc, one of the largest U.S. kidney dialysis providers, said it agreed to pay $450 million to settle a whistleblower lawsuit accusing it of deliberately wasting medicines in order to receive higher Medicare payments. The lawsuit alleged that DaVita, whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, used...

  • WILLISTON, N.D., April 30- Whiting Petroleum Corp, the top oil producer in North Dakota, plans to keep 11 drilling rigs operating through 2016, though it would add "a couple of rigs" if crude prices rise to $70 a barrel, its chief executive said on Thursday. Hess Corp, for example, does not plan to add any rigs this year, while Pioneer Natural Resources Co told Reuters last...

  • Barrick Gold takes backseat at Australia's Super Pit Wednesday, 29 Apr 2015 | 3:15 AM ET

    SYDNEY, April 29- Canada's Barrick Gold will relinquish some management duties at Australia's Super Pit gold mine to partner Newmont Mining, in a further pull-back from operations in the Southern Hemisphere. Barrick and Denver- based Newmont have long been 50-50 partners in the Kalgoorlie Consolidated Gold Mines, which operates the Super Pit, at one stage...

  • April 28- A federal judge on Tuesday dismissed a lawsuit by Philip Falcone's Harbinger Capital Partners that accused satellite TV company Dish Network Corp and its chairman, Charles Ergen, of illegally trying to strip the hedge fund of control of the bankrupt wireless company LightSquared. District Judge William Martinez in Denver came after LightSquared...

  • London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 6:57 PM ET
    Bitcoins

    London, center of the $5-trillion-a-day global currency market, now wants to be home to a controversial upstart - bitcoin.

  • INSIGHT-London stakes its claim as global bitcoin hub Wednesday, 15 Apr 2015 | 12:33 PM ET

    *Bitcoin backers say UK attitude makes London attractive. *World's biggest bitcoin networking group is London- based. LONDON, April 15- London, centre of the $5- trillion- a-day global currency market, now wants to be home to a controversial upstart- bitcoin.

  • U.S. CEO pay rose nearly 13 pct in 2014 - ISS Tuesday, 14 Apr 2015 | 11:51 AM ET

    The median pay for CEOs in the Connecticut area rose the most at 38.7 percent, while those in the San Francisco saw their median pay increase by 19.5 percent. The median increase for CEOs in the Washington DC area was 15.4 percent. The average CEO pay totaled about $6.43 million in 2014, compared with $5.54 million for the previous year, ISS said.

  • NEW YORK, March 31- U.S. consumer confidence rebounded strongly in March amid optimism over the labor market, a hopeful sign that a recent sharp slowdown in economic activity will be temporary. A combination of harsh winter weather, a now-settled labor dispute at the country's busy West Coast ports, softer global demand and a strong dollar dampened growth early...

  • NEW YORK, March 31- U.S. single-family home prices rose in January from a year earlier and the year-on-year growth increased for a second straight month, a closely watched survey said on Tuesday. Denver and Miami reported the highest year-over-year gains, with prices increasing by 8.4 percent and 8.3 percent, respectively, over the last 12 months.

  • Take Elizabeth Schirmer, whose destination wedding in Mexico got upended by bad weather in late February in Rochester, New York. After she returned home, Schirmer, 30, received a generic apology email from Delta Air Lines and an invitation to comment about her experience. Some 70,757 flights with at least one stop in the United States got canceled between Dec. 21...

  • March 11- Cement maker Summit Materials Inc's initial public offering was priced at $18 per share, according to a market source, valuing the Blackstone Group- controlled company at $1.67 billion. The company raised about $400 million after its offering of 22.2 million class A shares was priced at the midpoint of the expected range of $17- $19 per share.

  • Summit Materials IPO priced at $18/share - market source Wednesday, 11 Mar 2015 | 5:15 PM ET

    March 11- Cement maker Summit Materials Inc's initial public offering was priced at $18 per share, according to a market source, valuing the Blackstone Group- controlled company at $1.67 billion. The company raised about $400 million after its offering of 22.2 million class A shares was priced at the midpoint of the expected range of $17- $19 per share.

  • NEW YORK, March 11- Taxes are one of the few constants in life, but what happens when you change the way you do your return? There is always the lure of do-it-yourself- the number of people using tax software to file, like Intuit's TurboTax, increases by 6 percent annually, according to the Internal Revenue Service. If you are on the wrong end of it, you could end up drawing...

  • Pham, 41, resettled in California and is now owner of an art gallery in Ho Chi Minh City, one of a stream of Vietnamese Americans who found their fortunes in a fast-changing Vietnam where capitalism is thriving under communist rule. In the 17 years she's lived in Vietnam, her mother has refused to visit. "When I moved back to Vietnam, she disowned me," said Pham.