Top News & Analysis Denver

  • Colorado is the fifth largest oil producing state, according to the U.S. Energy Information Administration. Boulder County produced only about 86,000 barrels of oil last year, according to the Colorado Oil and Gas Conservation Commission. Closely-held oil producer Crestone Peak Resources LLC has pending drilling permits for Boulder County with the...

  • June 19- UnitedHealth Group Inc won anti-trust approval to buy DaVita Inc's primary and urgent care unit for $4.3 billion, the Federal Trade Commission said on Wednesday. The FTC approved the deal on condition that it sell a Las Vegas facility to Utah- based to Intermountain Healthcare. The deal was announced in December 2017 as $4.9 billion but was reduced last...

  • June 19- UnitedHealth Group Inc has won Federal Trade Commission approval for its buyout of the primary and urgent care unit of DaVita Inc, a source familiar with the transaction said on Wednesday. The deal was announced in December 2017 as $4.9 billion but was reduced in December to $4.3 billion. Denver- based DaVita operates medical groups in six states that...

  • June 19- UnitedHealth Group Inc has won Federal Trade Commission approval for its $4 billion buyout of the primary and urgent care unit of DaVita Inc, a source familiar with the transaction said on Wednesday. Denver- based DaVita operates medical groups in six states that serve 1.7 million patients through about 300 clinics. DaVita's kidney dialysis unit is not...

  • NEW YORK, June 19- A producer of "smart home" software that helps landlords cut operating costs such as shuttling keys to waiting maintenance workers or guiding tours for prospective tenants has raised $32 million from Bain Capital Ventures and the owners of nearly 1 million U.S. apartments. The remaining funds came from RET Ventures, a venture capital fund of 18...

  • Young men in Los Angeles, California.

    In San Francisco, it could take decades.

  • NEW YORK, June 13- It promised to be the next great shale play, but an oil-and-gas-rich area of central and south Oklahoma has confounded many of the producers lured there, with one of its biggest champions warning that its business may struggle to survive. Alta Mesa Resources Inc, which turned a $3.8 billion investment in the oilfield into under $30 million in just...

  • NEW YORK, May 16- Shareholder advisory group Glass Lewis advised on Thursday investors in PDC Energy Inc to vote in favor of the company's board nominees, dealing a blow to the challenge of activist shareholder Kimmeridge Energy Management Co.. The Denver- based firm is one of a number of U.S. oil and gas producers to have faced investor angst against it in the last...

  • DENVER, May 15- Boeing Co made mistakes with its 737 MAX planes that need to be addressed, Southwest Airlines Co Chief Executive Officer Gary Kelly told shareholders on Wednesday, but he said he is still hopeful that the jets grounded after two crashes will return to service in the U.S. summer. Southwest, which only flies 737 s and is the world's largest MAX operator,...

  • DENVER, May 15- Boeing Co made mistakes that need to be addressed, Southwest Airlines Co Chief Executive Officer Gary Kelly told shareholders on Wednesday, but he added he is still hopeful the grounded 737 MAX jets will return to service this summer. Boeing is under pressure to deliver a software fix and new pilot training to convince global regulators and the...

  • May 10- U.S. stocks tumbled more than 1% on Friday, as investors worried over the possibility of a protracted and bitter U.S.- China trade war, despite last-minute efforts to salvage a deal. President Donald Trump said he was in "absolutely no rush" to finalize a trade agreement with China, escalating tensions after the United States increased duties to 25% on $200...

  • View of homes in San Francisco from Alamo Square park.

    It may be time to go west.

  • NEW YORK, May 9- The striking calm in foreign exchange markets in recent months has led some U.S. multinational companies to scale back on guarding against currency gyrations, potentially leaving them vulnerable if volatility rebounds from near five-year lows. "If you look at periods of distress like the financial crises, the internet bust, the Greek debt crises...

  • Denver becomes first US city to decriminalize 'magic mushrooms'

    Voters in the Colorado capital passed a measure to decriminalize 'magic mushrooms,' a psychedelic drug that causes hallucinations.

  • Parents speak with a police officer at the scene of a shooting in which at least seven students were injured at the STEM School Highlands Ranch on May 7, 2019 in Highlands Ranch, Colorado.

    Two students opened fire Tuesday inside a charter school in an affluent suburban Denver community not far from Columbine High School, killing a teenager and wounding eight, and spreading minutes of terror before they were taken into custody.

  • On Thursday, Sept. 13, 2018 a Michigan judge halted plans by state regulators that would have shuttered nearly 100 medical marijuana businesses as part of a newly approved set of licensing rules. 

    Potheads have for decades celebrated their love of marijuana on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it.

  • April 17- Carl's Jr will become the first fast food chain to sell a CBD-infused hamburger when its "Rocky Mountain High Cheeseburger Delight" goes on sale in Denver on Saturday, the company said. The Tennessee- based chain is selling the burger for just one day at one location in northeast Denver as part of its strategy to test out "bold and unexpected" flavors, the...

  • NEW YORK, April 16- U.S. That has eased concerns about a China economic slowdown. "There's the thought that with China's stimulus, people are going to focus more on Chinese retail sales and the bigger numbers that we get out of China this evening and without momentum in Treasuries right now, it's possible that that's bringing some insurance selling in Treasuries...

  • April 4- Goldcorp shareholders approved Newmont Mining Corp's $10 billion takeover offer on Thursday, removing one of the last remaining hurdles to create the world's largest gold producer. The deal, which would create a company with assets in the Americas, Africa and Australia, will be voted on by Newmont shareholders next Thursday. Vancouver- based Goldcorp...

  • Joshua Haupt is a 32-year-old marijuana multimillionaire who has been likened to the "Steve Jobs of cannabis." The Denver, Colorado resident grew up gardening and started growing cannabis in high school in order to treat his epilepsy. He credits his green thumb with developing growing methods that yield three times as much cannabis as the average grower. Haupt turned his growing methods into a $500 guidebook and a nutrient line that he sold to Medicine Man Technologies for 7 million shares.