Molson Coors will spend $3.54 billion to buy StarBev and its nine breweries in central and eastern Europe as it expands its operations further. The Denver brewer is betting on a vibrant region once the economic crises subsides in the European Union, where unemployment has now reached the highest point since the euro was introduced [...] [...]
Carmax is building a new garage at its Powers Auto Park location for reconditioning work for its vehicles in the Springs and Denver. The national used car dealer opened its location at 4014 Tutt Blvd. in June of 2008, said Carmax spokeswoman Elia Imler. The new garage is an expansion into the service center, she [...] [...]
City and business leaders from the Denver area are heading to Washington on Friday to discuss jobs and economic development with members of President Barack Obama’s administration. The office of Denver Mayor Michael Hancock says executives from Oakwood Homes, Wells Fargo, Western Union, Frontier Airlines, Arrow Electronics and Colorado Spine Therapy are attending, along with [...] [...]
Centura Health has sold five on-campus medical office buildings in Denver and Littleton, for $41.25 million. Centura sold the properties to Seavest Healthcare Properties of White Plains, N.Y., and to Fleisher Smyth Brokaw, a Denver-based real estate owner and property manager. All the properties are on campuses operated by Centura Health. The buildings include three [...] [...]
Denver is forming an exploratory group to host the Olympic Winter Games. A group of community and civic leaders representing broad interests from across Colorado will be meeting in the coming weeks about submitting a bid to the U.S. Olympic Committee. The Denver Exploratory Committee will identify the opportunities and challenges of a bid based [...] [...]
Denver law firm Holme Roberts & Owens could soon be acquired by Bryan Cave, according to the ABA Journal. Holme Roberts & Owen is headquartered in Denver, but has offices in Boulder, Colorado Springs, Dublin, London, Los Angeles, Salt Lake City and San Francisco. The firm employs 175 attorneys, with 15 in its Springs office. [...] [...]
Denver voters will decide tomorrow whether city businesses should be required to offer paid sick leave. Initiative 300 seeks to require businesses to offer one hour of paid sick leave for every 30 hours worked with a cap of 9 sick days a year. Business groups oppose it, saying it would be a costly that would [...] [...]
President Barack Obama is outlining a plan Wednesday to allow millions of student loan recipients to lower their payments and consolidate their loans, in hopes of easing the burden of the No. 2 source of household debt. The move to assist struggling graduates and students could help Obama shore up re-election support among young voters, [...] [...]
Level 3 Communications has transferred all its stock to the New York Stock Exchange. The Broomfield-based announced the completion of the move on Thursday. To mark the occasion, executives from the Broomfield-based company rang the opening bell at the exchange. Level 3 operates a long-distance telecommunications network and recently acquired Global Crossing in a stock [...] [...]
The Coleman Co. plans to move 25 of its top executives to Denver, but says that does not mean the company headquarters is moving out of Wichita. Coleman president and CEO Robert Marcovitch announced Thursday that the departments moving include sales, marketing, creative services such as graphic design and financial support. The company’s accounting, technology [...] [...]