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Top News & Analysis Colorado

  • SAN JUAN, Puerto Rico— Puerto Rico's power company said Sunday that it will reduce its operating reserve to save money amid a cash shortfall as officials warned the move could destabilize the U.S. territory's fragile electrical grid. William Rios, director of generation at Puerto Rico's Electric Power Authority, said a plan to reduce its reserve by 450...

  • SAN FRANCISCO/ WASHINGTON, Feb 16- The Russian influence operation designed to tamper with the 2016 U.S. presidential election used a combination of old-school espionage tactics and 21st- century technologies that will not be easy to stop, even now that the methods have been exposed, experts said. Special Counsel Robert Mueller, made extensive use of records...

  • CHICAGO, Feb 16- U.S. agricultural merchants are scrambling to register themselves as cooperatives after a blunder in the country's new tax law gave farmers a tax break for selling grains to co-ops rather than private firms. Private crop handlers- which includes the "big four" merchants Archer Daniels Midland Co, Bunge Ltd, Cargill Inc and Louis Dreyfus- fear they...

  • Among major oil- and gas-producing states, Oklahoma increased by five rigs, Alaska gained four and Pennsylvania increased by three. New Mexico decreased by three rigs; Louisiana, Ohio and West Virginia each lost two; and Colorado and North Dakota each decreased by one. Arkansas, California, Kansas, Texas, Utah and Wyoming were unchanged.

  • Cory Gardner to stop blocking some Justice Department nominees.:. Cory Gardner announced he would stop blocking nominees for some Justice Department jobs. Colorado's Republican U.S. senator says there's been enough progress on negotiations over marijuana with the Trump administration that he will stop blocking nominees for some jobs in the Justice...

  • DENVER— A Colorado business is a step closer to becoming one of the nation's first legal marijuana clubs. A Denver attorney recommended on Wednesday that the city approve the proposal, based on a public hearing held Friday. Denver voters in 2016 approved a ballot measure allowing pot clubs.

  • WASHINGTON— Colorado's Republican U.S. senator said Thursday he will stop blocking nominees for some Justice Department jobs, saying he is encouraged by recent conversations with federal officials about the treatment of the state's marijuana industry, despite the Trump administration's tougher stance. Attorney General Jeff Sessions rescinded...

  • CHICAGO, Feb 15- Allan Roth has decades of experience constructing retirement investment portfolios for clients, but he never predicts the direction of the stock market. He does, however, predict human behavior. People will buy after the market goes up, said Roth, founder of Wealth Logic LLC, a fee-based investment advisory and financial planning firm based in...

  • CHICAGO, Feb 15- Allan Roth has decades of experience constructing retirement investment portfolios for clients, but he never predicts the direction of the stock market. He does, however, predict human behavior. People will buy after the market goes up, said Roth, founder of Wealth Logic LLC, a fee-based investment advisory and financial planning firm based in...

  • GREELEY, Colo. _ Pilgrim's Pride Corp. on Wednesday reported fourth-quarter profit of $134.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. Pilgrim's Pride shares have decreased 18 percent since the beginning of the year.

  • DENVER— Interior Secretary Ryan Zinke is pressing ahead with a massive overhaul of his department, despite growing opposition to his proposal to move hundreds of public employees out of Washington and create a new organizational map that largely ignores state boundaries. The proposal would relocate many of the Interior Department's top decision-makers...

  • DENVER _ Molson Coors Brewing Co. on Wednesday reported fourth-quarter net income of $588.8 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. Three analysts surveyed by Zacks expected $2.6 billion.

  • pension plans@ NEW YORK, Feb 14- The swift rise in U.S. bond yields in February may be whipsawing some stock market portfolios but it may bring relief to corporate America's largest pension plans. Rising bond yields can be good for pension plans because it can lower the required annual cash infusions while still meeting their liabilities, said Michael Schlachter,...

  • DENVER _ Summit Materials Inc. on Wednesday reported fourth-quarter net income of $43 million, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Four analysts surveyed by Zacks expected $453.4 million.

  • BOSTON— A Denver- based company has emerged as the winning bidder for a Boston newspaper that filed for bankruptcy in December. Digital First Media's $11.9 million bid beat two other bidders for the Boston Herald in a five-hour bankruptcy auction held Tuesday. Digital First owns hundreds of publications, including the Lowell Sun and Sentinel& Enterprise of...

  • plans@ NEW YORK, Feb 14- The swift rise in U.S. bond yields in February may be whipsawing some stock market portfolios but it may bring relief to corporate America's largest pension plans. Rising bond yields can be good for pension plans because it can lower the required annual cash infusions while still meeting their liabilities, said Michael Schlachter, a...

  • CONCORD, N.H.— Fewer children will wash down their chicken fingers and fries with soda if a bill limiting beverage choices for restaurant children's meals gets through the New Hampshire Legislature. The New Hampshire Restaurant and Lodging Association opposes the bill. Mike Somers, the group's president, asked lawmakers to imagine the scene that could ensue...

  • Feb 13- Chipotle Mexican Grill Inc has hired Brian Niccol, known for bringing "Doritos Locos Tacos" and mobile ordering to Taco Bell, as its next chief executive to turnaround the once red-hot burrito chain that has been battered by food safety lapses. Niccol, 43 and head of Yum Brand's Taco Bell since 2015, on March 5 will replace Chipotle founder Steve Ells, who...

  • ENGLEWOOD, Colo. _ Innospec Inc. on Tuesday reported a fourth-quarter loss of $4.8 million, after reporting a profit in the same period a year earlier. The Englewood, Colorado- based company said it had a loss of 20 cents per share. Innospec shares have decreased 5 percent since the beginning of the year.

  • GREENWOOD VILLAGE, Colo. _ Century Communities Inc. on Tuesday reported fourth-quarter earnings of $17.2 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Four analysts surveyed by Zacks expected $507.3 million.