What it cost to buy a 3-year-old used vehicle back in 2019 would today only pay for something that is 7 years old in Denver, according to a study from iSeeCars.com. That trend is national, and it reflects both inflation as well as a decrease in new car production between 2020 and 2022 because of the pandemic. The big run-up […]

A two-year investigation into footwear giant Crocs’ complaint about potential trademark violations by various other businesses has left the Broomfield-based company both a winner and a loser. The U.S. International Trade Commission’s probe came to a close this month, clearing American retailer Hobby Lobby, American wholesale company Orly Shoe Corp. and Chinese-owned Amoji of any infractions, according to a Federal […]

After more than four years of fighting international beverage company Campari Group in a trademark dispute, Chase Baron and Sean Smith of Denver-based roofing contractor Skyyguard won their legal battle this week. The David and Goliath battle over their company’s logo – and its alleged similarity to the logo for Campari-produced Skyy vodka, which could impair “the distinctiveness of the […]

These were supposed to be boom times for Pederson’s Natural Farms. In the days this spring after the Supreme Court upheld a California law banning the sale of certain pork products made from pigs raised in small gestation pens, the phones were ringing off the hook at Pederson’s headquarters in Hamilton, Texas. California grocery stores and restaurants were desperate to […]

When Dino Fusco began traveling to Salt Lake City in the early 2000s for Goldman Sachs’s real estate arm, the odds of finding a coffee shop or brewpub were essentially zero. The influence of the generally conservative Mormon community over state politics and social issues made alcohol and caffeine scarce. But in 2002, Utah began to plant the seeds of […]

Monthly change in jobs +400,000 jobs +187,000 jobs in August +300,000 +200,000 +100,000 Aug. ’22 Nov. Feb. ’23 May Aug. +400,000 jobs +187,000 jobs in August +300,000 +200,000 +100,000 Aug. ’22 Nov. Feb. ’23 May Aug. Note: Data is seasonally adjusted. Source: Bureau of Labor Statistics By Ella Koeze The United States labor market is starting to look a lot […]

VanMoof, the Dutch e-bike maker that gained a zealous following but declared bankruptcy last month, has been acquired by Lavoie, an upscale electric scooter company, the firms announced on Thursday. Riders of the expensive and technologically advanced VanMoof bikes were left in limbo by the company’s bankruptcy, because the machines are built from proprietary parts that only the company made […]

After completing its $7.6 billion purchase of PDC Energy, Chevron Corp. expects to terminate at least one-third of the positions at PDC’s offices in Denver and Evans, but the company said people can apply for open jobs at the merged company. As required by state law, Chevron notified the Colorado Department of Labor and Employment of the impending layoffs Aug. […]

This spring, Clive Kabatznik, an investor in Florida, called his local Bank of America representative to discuss a big money transfer he was planning to make. Then he called again. Except the second phone call wasn’t from Mr. Kabatznik. Rather, a software program had artificially generated his voice and tried to trick the banker into moving the money elsewhere. Mr. […]

After 100 years of relatively quiet existence as a maker of diabetes drugs, the Danish firm Novo Nordisk has suddenly grown so big that the company is reshaping the Danish economy. The reason: Ozempic and Wegovy, two weight loss drugs made by Novo Nordisk that have been proclaimed as revolutionary in the field of obesity. The company’s booming success now […]