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ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a source said.
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ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a source said.
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DENVER-- Xcel Energy Inc. is asking Colorado regulators to approve a demonstration project that would use forest biomass to generate electricity.
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We've worked with Boeing to fix them. Smisek and Boeing CEO Jim McNerney were on the flight from Houston on Monday. Regulators grounded the Dreamliner worldwide on Jan. 16 after batteries burned on two jets, prompting Boeing to redesign the battery system.
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HOUSTON/ NEW YORK, May 20- For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. News from two of the country's less developed shale plays in Colorado and Ohio last week offer a reality check for the wave of euphoria that has washed across the industry.
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Stifel analyst Mark Swartzberg upgraded bourbon bottler Beam Inc. and beermakers Constellation Brands Inc., and Molson Coors Brewing Co. to "Buy," from "Hold." Constellation Brands, based in Victor, N.Y., is set to benefit from adding production for U.S. sales of Corona and other beers now made by Mexican brewer Grupo Modelo.
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DENVER-- An expansion of Medicaid eligibility that's expected to add 160,000 adults to public health care assistance in Colorado was signed into law Monday. Kevin Lundberg, of Berthoud. Colorado will be on the hook "down the road for Medicaid dollars we don't have," he said.
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DENVER-- Air Methods Corp.' s shares sank in after-hours trading Thursday after the air medical transportation company posted a larger-than-expected loss for its first quarter on weaker revenue. Air Methods reported a net loss of $5.7 million, or 15 cents per share, for the quarter that ended March 31.
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NEW YORK-- Shares of DaVita HealthCare Partners Inc. advanced Wednesday after the dialysis-services company posted strong first-quarter results and reached an agreement with shareholder Berkshire Hathaway.
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In Denver, Colorado, for instance, treatment for heart failure ranges from $21,000 to $46,000, according to the data on services used in the 100 common hospital stays covered by the Medicare program for the elderly and disabled. In Jackson, Mississippi, fees for the same treatment range from $9,000 to $51,000.
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Mike Coffman, R- Colo., said the Veterans Affairs Department's oversight of major constructions projects doesn't meet industrial standards and described it as dysfunctional. The medical centers that have been delayed are in Las Vegas; Orlando, Fla.; Denver; and New Orleans.
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Frontier, a subsidiary of Indianapolis- based Republic Airways Holdings Inc., flies to more than 75 destinations in the U.S., Mexico, Costa Rica and the Caribbean. It operates a hub in Denver, where it competes against United Airlines and Southwest Airlines. Republic shares fell 2 cents to $11.57 in afternoon trading.
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May 7- Warren Buffett's Berkshire Hathaway Inc, the largest investor in DaVita HealthCare Partners Inc, has entered an agreement allowing it to nearly double its stake in the largest U.S. operator of dialysis clinics to 25 percent. DaVita shares rose $3.84, or 3.3 percent, to $121.40 in after-hours trading after the agreement was disclosed.
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May 7- Warren Buffett's Berkshire Hathaway Inc, the largest investor in DaVita HealthCare Partners Inc, has entered an agreement allowing it to nearly double its stake in the largest U.S. operator of dialysis clinics to 25 percent. DaVita shares rose $3.84, or 3.3 percent, to $121.40 in after-hours trading after the agreement was disclosed.
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NEW YORK, May 3- The Dow and S&P 500 advanced to all-time closing highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report eased concerns about an economic slowdown. Bellwether companies, including Chevron Corp, Boeing Co and Johnson& Johnson, reached 52- week highs.
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NEW YORK, May 3- The Dow and S&P 500 advanced to all-time intraday highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report eased concerns about the economy. Bellwether companies, including Chevron Corp, Boeing Co and Johnson& Johnson, reached 52- week highs.
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May 3- Dish Network Corp's billionaire chairman and founder, Charlie Ergen, may command all the attention when it comes to Dish's $25.5 billion bid for Sprint Nextel Corp, but behind him is a somewhat anonymous technology junkie driving Dish's wireless strategy.
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NEW YORK, May 2- Nearly three-quarters of Americans are planning to take a summer break and many will be heading to the beach, which is the most popular vacation getaway, according to a report released on Thursday by online travel company Orbitz.
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May 2- Montana- based brokerage D.A. Davidson& Co plans to acquire smaller Los Angeles- based rival Crowell, Weedon& Co in a deal that would create one of the largest regional brokerage firms on the West Coast, with $43.5 billion in client assets under management.
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May 2- Montana- based brokerage D.A. Davidson& Co plans to acquire smaller Los Angeles- based rival Crowell, Weedon& Co in a deal that would create one of the largest regional brokerage firms on the West Coast, with $43.5 billion in client assets under management.
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CHICAGO, May 1- If you're strapped for cash or have a poor credit rating, the offer would sound tempting: upfront cash in return for your future pension payments. But it's a debt trap, according to a recent expose by The New York Times, a "pension advance" loan charging sky-high interest rates.