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  • July 3- A medical transport helicopter crashed during a take-off on Friday in Colorado, killing the pilot and seriously injuring two others on board, authorities said. The Flight for Life Helicopter was taking off early afternoon from St. Anthony Summit Medical Center in Frisco, about 70 miles west of Denver, when it crashed, according to Lake Dillon Fire-Rescue...

  • A campaign is underway to ask Denver voters about allowing marijuana consumption in bars and other places that only allow people over 21.. Activists who campaigned for recreational pot legalization in Colorado have launched a petition drive to allow what they call "limited social marijuana consumption" at bars. "Marijuana's now a legal product for adults in...

  • Mortgage giant Freddie Mac said Thursday the average rate on a 30- year fixed-rate mortgage rose to 4.08 percent this week from 4.02 percent a week earlier. Data issued Tuesday showed that home prices increased at a solid clip in April, led by double-digit gains in Denver and San Francisco. To calculate average mortgage rates, Freddie Mac surveys lenders across...

  • NEW YORK, July 1- Star bond fund manager Bill Gross will be getting help running his struggling Janus Capital Group Inc mutual fund from Kapstream Capital Pty Ltd's Kumar Palghat, Janus said on Wednesday after acquiring a majority stake in Kapstream. Gross, who began managing the Janus Global Unconstrained Bond Fund in October, will continue to be primary...

  • *Consumer confidence increases solidly in June. NEW YORK, June 30- U.S. consumer confidence increased solidly in June, with households upbeat about the labor market, supporting views the economy was back on firmer footing after wobbling at the start of the year. "Consumer spirits are soaring right now showing the economy is on track for further gains this year," said...

  • NEW YORK, June 30- U.S. single-family home prices rose in April from a year earlier but at a slower pace than forecast, a closely watched survey said on Tuesday. Denver and San Francisco posted the strongest year-over-year gains, with prices in Denver up 10.3 percent and prices in San Francisco rising 10 percent. "Home prices continue to rise across the country, but...

  • U.S. home prices rise in April -S&P/Case-Shiller Tuesday, 30 Jun 2015 | 9:00 AM ET

    NEW YORK, June 30- U.S. single-family home prices rose in April from a year earlier but at a slower pace than forecast, a closely watched survey said on Tuesday. Denver and San Francisco posted the strongest year-over-year gains, with prices in Denver up 10.3 percent and prices in San Francisco rising 10 percent. "Home prices continue to rise across the country, but...

  • US home prices climbing steadily Tuesday, 30 Jun 2015 | 9:00 AM ET

    WASHINGTON— U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco. Prices in the Denver metro areas climbed 10.3 percent, while home values in San Francisco rose 10 percent. Values increased more than 7.5 percent in Dallas, Miami, Seattle and Tampa.

  • Boosting overtime: Obama calls for broader coverage Tuesday, 30 Jun 2015 | 3:20 AM ET

    WASHINGTON— They're called managers, and they sometimes work grueling schedules at fast food chains and retail stores. "We've got to keep making sure hard work is rewarded," President Barack Obama wrote in an op-ed published Monday in The Huffington Post. Employers can now often get around the rules: Any salaried employee who's paid more than $455 a week— or $23,660...

  • DENVER— Republican presidential candidate Rand Paul courted donors from the new marijuana industry Tuesday, making the Kentucky senator the first major-party presidential candidate to publicly seek support from the legal weed business. During an interview with The Denver Post after the fundraiser, Paul also declined to answer whether he would have voted...

  • WASHINGTON— Salaried workers who earn nearly $1,000 per week would become eligible for overtime pay under a proposal President Barack Obama unveiled Monday, lamenting that too many Americans are working too many hours for less pay than they deserve. The long-awaited overtime rule from the Labor Department would more than double the threshold at which...

  • BOSTON— Urban planners have long considered public transportation the best remedy for traffic congestion, but many of the nation's largest mass-transit systems simply aren't up to the task. Consider Boston, where the oldest American subway system began operating in 1897. During a winter of record-setting snow, the Massachusetts Bay Transportation...

  • RALEIGH, N.C.— Like many fast-growing parts of the country, North Carolina's Triangle region is trying to avoid being strangled by its own success: Traffic is thickening, drivers are getting stuck in it and there's no simple solution in sight. The population of the three counties that include Raleigh, Durham and Chapel Hill is forecast to grow by more than 40...

  • New Chicago aviation chief warns O'Hare falling behind Thursday, 25 Jun 2015 | 3:33 PM ET

    CHICAGO— O'Hare International Airport is falling behind other global hubs as it grapples with flight delays, gate shortages and a largely humdrum terminal experience for passengers, Chicago's new aviation chief warned business leaders Thursday. Aviation industry veteran Ginger Evans told an audience at the City Club of Chicago that the flipside of being...

  • NEW YORK, June 24- When Kristi Sullivan quizzed her husband about how much money she made last year, the Denver financial planner was shocked to discover he was off by a wide margin. Although they have been married for 18 years, with two kids, her hubby missed the mark by $8,000. Boston- based money managers Fidelity Investments asked that very question in its...

  • DENVER, June 23- A U.S. appeals court ruled on Tuesday a decades-old pollution case over nuclear weapons production in Colorado should be sent back to the district court which in 2006 ordered companies that ran the facility to pay damages of $353 million. "This long lingering litigation deserves to find resolution soon," wrote one of the judges, Neil Gorsuch, about a...

  • NEW YORK, June 23- Janus Capital Group said on Tuesday it launched a total return fund that invests across global stock and bond markets, the first product it has rolled out that draws on research from Nobel Prize winner Myron Scholes since the firm hired him last year. Ashwin Alankar, Janus' global head of asset allocation and risk management, and Enrique Chang, the...

  • Fastest rising rents in US? Jackson, Mississippi Tuesday, 23 Jun 2015 | 12:05 AM ET

    WASHINGTON— Home rental prices are climbing across much of the United States— with the biggest gains coming from not from New York or San Francisco but Jackson, Mississippi, and Portland, Maine. Rents still are rising at double-digit rates in Denver, San Francisco and San Jose, California, with their job opportunities drawing new residents at a faster pace than...

  • WASHINGTON, June 9- The U.S. Air Force said on Tuesday it will use Lockheed Martin Corp's updated A2100 spacecraft for the fifth and sixth U.S. missile early warning satellites, with no additional cost to its 2014 bulk purchase contract with Lockheed. The Air Force said by swapping out the spacecraft for the next two Space Based Infrared System satellites, it will...

  • WILLISTON, N.D., June 3- North Dakota oil regulators ordered small, privately held Zavanna LLC to shut in oil wells near the confluence of the Missouri and Yellowstone rivers on Wednesday after more than 1.5 inches of rain raised flooding concerns. Other oil producers near the confluence, including Statoil, Exxon Mobil's XTO Energy and Oasis Petroleum, have the...