Top News & Analysis Colorado

  • U.S. oilfield services firm Halliburton on Wednesday said it was cutting 650 jobs across Colorado, Wyoming, New Mexico and North Dakota amid slowing oil and gas activity. U.S. crude futures, meanwhile, traded around $54 per barrel on Friday, up 2% after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia.

  • Director Phillip Gobe was appointed principal executive officer and Darin Holderness was named interim chief financial officer, the company said in a regulatory filing. Co-founder Dale Redman will no longer serve as the principal executive but will retain the title of chief executive, the statement said. Those transactions do not involve current or former...

  • Oct 8- The Federal Reserve's plan to start adding to its $3.6 trillion bond portfolio soon is the clearest signal yet that the central bank is looking to deliver long-term solutions to address recent disruptions in key short-term funding markets. After cutting the Fed's asset holdings by more than $600 billion in the past two years, the time to expand again "is...

  • DENVER, Oct 8- Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts to fend off global economic risks, repeating that the central bank will act "as appropriate" amid an economy that he said is likely to continue to expand. "This feels very sustainable," Powell said in Denver at the annual meeting of the National Association of...

  • NEW YORK, Oct 8- Oil prices and stocks across major markets fell on Tuesday as tensions rose between China and the United States ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down. Washington widened its trade blacklist to include some of China's top artificial intelligence start-ups,...

  • WASHINGTON, Oct 7- A bipartisan group of state attorneys general, including New York Attorney General Letitia James, met Monday with U.S. The meeting comes after Reuters and other outlets reported on Sept. 25 that the Justice Department would open an antitrust investigation into Facebook, which also faces probes by the Federal Trade Commission and the House of...

  • DENVER, Oct 6- Kansas City Federal Reserve Bank President Esther George on Sunday rejected the notion that the U.S. central bank should cut interest rates to try to boost low inflation, which she said is largely a result of global forces that U.S. monetary policy can do little to counter. "In current circumstances, concern about low inflation seems unnecessary,"...

  • LOS ANGELES, Oct 6,- Warner Bros.' "Joker" laughed its way to a new record at the domestic box office. Directed by Todd Phillips and starring Joaquin Phoenix, "Joker" has been the subject of scrutiny in weeks leading up to its release over fears that the disturbing origin story of Batman's infamous foe could inspire violence. New York and Los Angeles police increased...

  • WASHINGTON, Oct 3- Walmart Inc said on Thursday it will begin several healthcare pilot programs for its U.S. employees starting Jan. 1 as it looks for ways to cut healthcare costs- one of the largest expenses for the retailer after wages. The pilot programs will be held in parts of Arkansas, Florida and Texas. In Colorado, Wisconsin and Minnesota, Walmart will expand a...

  • DENVER, Sept 26- The Landmark Theaters chain will ban costumes and masks for moviegoers during screenings of the film "Joker", it said on Thursday, following concerns expressed by families involved in a 2012 mass shooting during a Batman film in Colorado. Landmark joins the nation's largest movie chain, Kansas- based AMC Theatres, which has banned masks in theatres...

  • WASHINGTON, Sept 25- The U.S. Justice Department will open an antitrust investigation of Facebook Inc, a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company. Facebook also faces probes by the Federal Trade Commission, a group of state attorneys general led by New York and the House of...

  • The San Francisco- based company, which operates in over 300 cities across the United States and Canada, said a new version of the app would be pushed to users on Tuesday. Detailed information on public transportation alternatives will become available early next year for Boston, Chicago, Denver, Los Angeles, New York, Seattle and Washington, Lyft said.

  • HOUSTON, Sept 19- Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding forced a major refinery to cut production and a key oil pipeline, terminals and a ship channel in Texas were shut, according to sources familiar with operations. Torrential rain has inundated the Gulf Coast from Houston to western Louisiana...

  • Ping Identity's shares opened at $18.75 and rose to as much as $19.74 in early trade. The company priced its initial public offering at $15 per share on Wednesday, raising about $187.5 million at a valuation of about $1.16 billion. Ping Identity, owned by buyout firm Vista Equity Partners, had posted revenue of $201.6 million in 2018, up about 17% from a year...

  • ATHENS, Sept 16- Greece is in talks with Canada's Eldorado Gold Corp to secure higher royalties from its mining development projects and new jobs, Energy Minister Kostis Hatzidakis said on Monday. Vancouver- based miner Eldorado has two operating mines and two development projects in northern Greece and its planned investment is viewed as one of the biggest in...

  • BUENOS AIRES, Sept 16- In late August, amid a sharp plunge in the Argentine peso, global suppliers to oil giant YPF received an unwelcome surprise in their inbox. The move rattled suppliers and global energy firms and will likely lead to a slowing of operations in the country's huge Vaca Muerta shale play, where foreign companies were lured by promises of stability...

  • MANILA, Sept 13- Jollibee Foods Corp, the Philippine fast food specialist known for fried' Chickenjoy' and chopped hotdogs in sweet spaghetti sauce, is doubling down on expansion plans in the United States and China that are likely to include more M&A. It is also aiming to lift revenue in China to 30% of overall sales, while the Philippines would fall to 30%.

  • Aspen, which operates in about 56 countries, has said before that it views the United States as presenting targeted growth opportunities for its niche women's health products such as conjugated estrogens, which is used in menopausal hormone therapy. Aspen got the FDA abbreviated new drug application approval in early August for a preservative-free,...

  • The first probe, led by New York and including seven other states and the District of Columbia, focuses on Facebook. The Facebook probe will include New York, Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia,. Texas Attorney General Ken Paxton's office said it was leading an investigation of large tech companies but did...

  • Sept 6- A bipartisan group of state attorneys general will announce on Monday an investigation into large tech companies, like Facebook and Google, for potential violations of antitrust law, Texas Attorney General Ken Paxton's announced on Friday. Paxton's office did not name the companies but the Justice Department and Federal Trade Commission are probing...