As hotels prices rise through fall, travelers are expected to hit the road, lured by new hotels, Ferrari driving packages and upgraded attractions.» Read More
TEANECK, N.J.— Cognizant will buy the health care software company TriZetto for $2.7 billion in cash. Privately held TriZetto Corp. is based in Englewood, Colorado. Shares of Cognizant Technology Solutions Corp. rose $1.33, or 3 percent, to $46.09 in premarket trading.
DENVER— The calls to 911 raised an instant alarm: One caller said he shot his co-workers at a Colorado video game company and had hostages. Another in Florida said her father was drunk, wielding a machine gun and threatening their family. A third caller on New York's Long Island claimed to have killed his mother and threatened to shoot first responders.
WASHINGTON— Income inequality is taking a toll on state governments. "Rising income inequality is not just a social issue," said Gabriel Petek, the S&P credit analyst who wrote the report. Stagnant pay for most people has compounded the pressure on states to preserve funding for education, highways and social programs such as Medicaid.
DENVER— Colorado is among the top 10 states most reliant on income taxes for revenue, according to a new report concluding that income inequality is contributing to slower economic growth nationally. For states like Colorado, income inequality has meant revenue performance is closely tied to financial markets, according to the report.
Since the national network started in 2010, Slow Money networks and investment clubs around the country, including in Maine, Massachusetts, California, North Carolina, and in cities like Boston and New York, have made a total of $38 million in investments in 350 small food enterprises.
Sales of craft beer rose about 17 percent last year despite a nearly 2 percent drop in overall beer sales, according to the Brewers Association, a trade group for the majority of the nation's more than 3,000 breweries.
HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by six this week to 1,931.. Of the major oil- and gas-producing states, Alaska gained three rigs; Kansas, New Mexico and North Dakota each increased by two; and Colorado, Ohio and Pennsylvania were up one apiece.
A labor group filed an ethics complaint Friday claiming it was improper that the man who oversees investments of New Jersey's pension funds was also involved in Gov.
DENVER— Newmont Mining will sell its 44 percent stake in Mexico's Penmont joint venture for about $450 million. Newmont Mining has raised $1.3 billion from non-core asset sales since last year. Shares of Newmont Mining Corp. fell 5 cents to $25.54 in premarket trading.
Sept 11- A family-owned, Nevada- based shoe company is taking on the giant shoe maker Crocs, accusing it of creating a monopoly by suing smaller competitors and putting them out of business. In a lawsuit filed on Wednesday in federal court in Nevada, USA Dawgs said Crocs Inc was using "sham" patent lawsuits in order to "litigate its competition out of the market."
SALT LAKE CITY— One of Utah's largest ski areas was sold to Vail Resorts Inc. Thursday, resolving a legal battle between two ski titans and paving the way for the creation of what could be the country's largest resort. The Colorado- based company is already leasing the upper 3,000 acres of slopes, but couldn't use them without the base area owned by Powdr Corp..
DENVER— Colorado is now selling more recreational pot than medical pot, a turning point for the newly legal industry, tax records released Wednesday show. The change came despite Colorado having more than double the number of medical marijuana dispensaries than recreational pot shops, which opened in January to everyone 21 and older.
NEW YORK— Fall used to be off-peak for tourism everywhere except New England and other fall foliage destinations. Lara Berdine and Mark Petrella, New Yorkers in their 40 s, visit Italy each fall because "it's cheaper, the weather is cooler and we can see the country as it really is, rather than in high season when it's inundated with tourists," said Berdine.
SALT LAKE CITY— An upscale hotel chain has agreed to pay about $2 million to settle allegations that 43 Utah employees working in the country illegally had returned to work after they were flagged by an immigration audit and fired, according to federal authorities.
JOHANNESBURG, Sept 10- Aspen Pharmacare is to sell the rights to market a blood clot drug in the United States to rival Mylan Inc for up to $300 million, it said on Wednesday, a move that would help Africa's top generic drugmaker pay down debt.
Wyoming has proposed less stringent pollution controls on coal-fired power plants than those the EPA says are required to reduce regional haze in national parks and wilderness areas.
WASHINGTON— Both sides in the gay marriage debate agree on one thing: It's time for the Supreme Court to settle the matter. Officials in five states in which marriage bans were struck down by federal courts have rushed their appeals to the Supreme Court, in time for consideration by the justices when they meet in private on Sept. 29.
ALBUQUERQUE, N.M.— In the latest dispute over public lands in the West, New Mexico ranchers are suing the federal government over its attempts to limit their cattle's access to water and grazing areas after a tiny mouse won endangered species protections in the Southwest.
WASHINGTON— Many people newly insured by Medicaid under the federal health care law are seeking treatment in hospital emergency rooms, one of the most expensive medical settings, a study released Monday concludes.
Six Denver television stations, a Denver radio station and the CourtTV cable channel asked the judge last month to allow a single TV camera and an audio system in the courtroom during the trial, scheduled to start Dec. 8.