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  • NEW YORK— Tom Fiore knows what it's like to sit in a taxi for as long as two agonizing hours, over bridges or through a tunnel, to travel a mere eight miles from midtown Manhattan to LaGuardia Airport in Queens. Neighboring John F. Kennedy and Newark have it, and projects are currently underway at Washington Dulles, Los Angeles and Denver. Cuomo's $450 million proposal,...

  • Colorado lawmakers gear up for battle over fracking Friday, 23 Jan 2015 | 3:51 PM ET

    DENVER— A legislative battle over fracking is looming in Colorado, with Republicans taking the stance that mineral owners should be compensated when a local government bans or restricts energy development. The GOP's approach has bothered Democrats who argue lawmakers should wait for recommendations from a task force that's studying how to resolve land...

  • WASHINGTON— U.S. home rental prices continued to climb at a modest pace in December, but rapidly escalating costs in cities such as San Francisco and Denver suggest that apartment dwellers are facing more financial pressure. Prices rose 3.3 percent in December compared with 12 months earlier, real estate data firm Zillow said Friday. Rental prices have risen 52...

  • 'Bond King' Gross puts $700 million into fund he runs Thursday, 22 Jan 2015 | 5:40 PM ET

    NEW YORK— Bill Gross is backing himself to the tune of more than $700 million. Gross, who co-founded the investment giant Pimco in 1971 and ran its $200 billion Total Return Fund, shocked the financial world in September when he left the huge money management firm to join Janus Capital, a smaller rival. The Wall Street Journal reported earlier this month that Gross'...

  • CoBiz posts 4Q profit Thursday, 22 Jan 2015 | 5:36 PM ET

    DENVER _ CoBiz Financial Inc. on Thursday reported fourth-quarter net income of $7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • BOSTON, Jan 22- Janus Capital Group Inc's new star bond fund manager also turns out to be one of the fund firm's top investors. Shares of the Denver company rose 11 percent on Thursday after fourth-quarter earnings came in above expectations with the help of new hire Bill Gross, even as it acknowledged that half the money in his fund came from Gross himself.

  • BOSTON, Jan 22- Star bond fund manager Bill Gross has pumped more than $700 million of his own money into the Janus Global Unconstrained Bond Fund, Janus Capital Chief Executive Dick Weil said on Thursday. "At the end of 2014, Bill had invested more than $700 million of his personal money in the Global Unconstrained Bond Fund," Weil said on a conference call.

  • BOSTON, Jan 22- Asset manager Janus Capital Group said on Thursday that fourth-quarter profit rose 22 percent after its hiring of star bond fund manager Bill Gross helped it reach its first quarter of net deposits since 2009.. Denver- based Janus reported net income of $46.7 million, or 24 cents per share, compared with $38.3 million, or 21 cents per share, a year...

  • Janus beats Street 4Q forecasts Thursday, 22 Jan 2015 | 7:18 AM ET

    DENVER _ Janus Capital Group Inc. on Thursday reported fourth-quarter profit of $46.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Analysts expected $241.8 million, according to Zacks.

  • WASHINGTON— Macau, the Chinese territory known for casino gambling, outperformed the rest of the world's major cities economically last year, according to a report out Thursday. Cities in the developing world, especially China, dominated the top of the annual economic rankings of 300 cities worldwide by the Brookings Institution and JPMorgan Chase.

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • Guaranty Bancorp misses Street 4Q forecasts Wednesday, 21 Jan 2015 | 4:54 PM ET

    DENVER _ Guaranty Bancorp on Wednesday reported fourth-quarter profit of $1.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share. Guaranty Bancorp shares have decreased 1.5 percent since the beginning of the year.

  • DENVER— Two environmentalist groups filed suit Tuesday seeking stronger protection for a bird found only in Colorado and Utah, reaching that legal step ahead of state officials who counter the federal government already has gone too far. The Center for Biological Diversity and the Western Watersheds Project said in court papers that the U.S. Fish and...

  • Things To Know about medical marijuana in Colorado Monday, 19 Jan 2015 | 11:58 AM ET

    DENVER— Colorado lawmakers are taking another look at the state's medical marijuana market this week. That's because the state's medical marijuana regulations were passed in 2010 with a five-year sunset provision, so they expire this year if legislators don't renew them. Everything is on the table, and a Senate committee takes a first look at the rules Tuesday.

  • Apache Corp., Baker Hughes and Schlumberger have begun laying off employees in response to the oil price crash in the past six months, The Tulsa World reported Saturday. Apache's job cuts will likely impact several hundred employees of the Houston- based oil and gas producer, which is one of the nation's bigger independent firms. But she would not specify how many...

  • DENVER— Frontier Airlines said Friday that it will hire contractors to do the work of 1,300 employees— about a third of its total workforce— at the Denver airport and in Milwaukee. Frontier said it will hire a unit of Swissport International Ltd. to perform all ground-operations work at the Denver airport, replacing 1,160 airline employees.

  • MONTPELIER, Vt.— Vermont could reap hundreds of millions of dollars in tax revenue if it were to legalize marijuana, but only if other nearby states don't also jump on the bandwagon, according to a study released Friday. In Vermont, the Rand Corporation found that revenues from marijuana consumers could, in theory, generate between $20 million and $75 million a year...

  • SEATTLE— Washington's legal marijuana market opened last summer to a dearth of weed. A big harvest of sun-grown marijuana from eastern Washington last fall flooded the market. "It's an economic nightmare," says Andrew Seitz, general manager at Dutch Brothers Farms in Seattle.

  • Chipotle: No pork at a third of restaurants Tuesday, 13 Jan 2015 | 5:03 PM ET

    NEW YORK— Chipotle says it stopped serving pork at hundreds of its restaurants after suspending a supplier that violated its standards. Chris Arnold, a spokesman for the Mexican food chain, told The Associated Press it's the first time the company stopped serving a topping for its burritos and bowls. In New York City on Tuesday, a sign on the door of a Chipotle...

  • WASHINGTON— Creative industries including Hollywood and broadcasting contribute more to the U.S. economy than previously thought, the government said Monday in its first official analysis of the arts and culture sector's economic value. The report from the National Endowment for the Arts and U.S. Bureau of Economic Analysis shows arts and culture...