View Breaking Local News Headlines in Denver from the Denver Business Journal. Access business resources, company profiles, business advice columns, local jobs and more.
AOL co-founder in Denver to invest in one local startup
Billionaire investor Steve Case is on a road trip in search of the next big thing.
Case is best known as co-founder of America Online, or AOL, but in 2005 he co-founded Revolution LLC and serves at its chairman and CEO. Revolution invests in early-stage companies and products in traditional industries, such as transportation, finance and food.
His October road trip — dubbed the "Rise of the Rest"— covers 2,100 miles in western states and will land him in Denver Oct. 4, when he will hear from…
Where does Denver rank for job searches by millennials?
When millennials hop on LinkedIn to search for their next job, Denver is among the top cities they're targeting.
A new ranking places Denver at No. 6 among cities "with the highest annual growth in job interest among millennials" as reflected by searches on the social network.
Young adults are looking for IT jobs and jobs in financial services — two sectors where metro Denver continues to add jobs. The top companies they are searching for jobs are Comcast, Vail Resorts and Dish Network, LinkedIn…
Obama calls for zoning changes to boost affordable-housing development
The Obama administration is urging cities across the U.S. to update their antiquated zoning regulations to address the increasing scarcity of affordable housing locally and across the country.
The White House released a Housing Development Toolkit outlining a host of policy changes and other regulatory fixes it says will reverse decline and encourage developers to set aside more of their projects for affordable housing.
The document cites Denver as an example of a city where residents face soaring…
Metro Denver charities aren't as healthy as in most other cities, report finds
How healthy are Mile High City charities? Not as healthy as most other metros, a new report finds.
Denver ranks 24th according to Charity Navigator's 2016 study that rates the financial health of charities in the nation's 30th largest metro areas.
Charity Navigator, a Mahwah, New Jersey-based nonprofit organization that rates and provides information on charities, compiles its annual study of nonprofits by looking metrics across three categories:
Financial metrics, such as program, administrative…
Colorado bank will give one small business cash in a video contest
When Lakewood-based FirstBank announced last year it would give $20,000 to a Colorado small business with a good story, nearly 500 businesses applied.
The contest, “90 Seconds to Success,” is back. Small businesses must tell their story in a 90-second video, and five finalists will be featured on the bank's Facebook page in November for voters to decide. The bank will award $20,000 to a Colorado business and $20,000 to an Arizona business.
“The number of responses and effort put into these…
Parent of Ocean Prime, Rusty Bucket plans Denver debut of a 3rd food chain
Ohio's Cameron Mitchell Restaurants LLC, which already has outposts of its Ocean Prime and Rusty Bucket chains in metro Denver, is bringing a third chain to town.
The Columbus-based restaurant company says it will will open a Marcella’s in Denver next summer. It will be the third restaurant for that nameplate after a pair that opened in Columbus in 2007.
“Expanding our Marcella’s concept is something we’ve aspired to do for a long time,” President and Chief Operating Officer David Miller…
New car and truck sales plunge in Colorado
Colorado new car and truck sales dropped by nearly 6 percent last month compared with a year earlier.
That's according to the latest data compiled by the Colorado Automobile Dealers Association (CADA), which said that the 5.8 percent August sales plunge mirrors one occurring nationally.
"New car and truck registrations in Colorado cooled off in August following what seems to be a predicted national trend and perhaps some month-to-month volatility for the rest of the year," said Tim Jackson, CADA…
2 of America's hottest ZIP codes for home sales are in Colorado
Two of America's top four ZIP codes for "hottest" real estate markets are in Colorado, according to a new report.
Realtor.com ranked the nation's "hottest" ZIP codes "on the time it takes properties to sell and how frequently homes are viewed in each ZIP code."
ZIP code 80233 in Northglenn was ranked No. 3 in the country and 80916 in Colorado Springs was ranked No. 4.
Why is Northglenn so "hot?"
It has a larger than normal millennial population and it's in an area of economic growth with a strong…
Colorado biotech's stock price skyrockets on good skin cancer drug results
Array BioPharma Inc. reported "a robust ... benefit" in a recent drug trial of an experimental skin-cancer treatment it conducted with a French company
The Boulder-based biotech's stock price jumped 82 percent in Monday trading.
Array (Nasdaq: ARRY) said in its COLUMBUS (COmbined LGX818 Used with MEK162 in BRAF Mutant Unresectable Skin Cancer) drug test, conducted in combination with French private pharmaceutical company Pierre Fabre, the study "met its primary endpoint, significantly improving…
Vail Resorts reports Q4 loss; calls Colorado ski season 'outstanding'
Vail Resorts Inc. reported another fourth-quarter loss but called the past ski season at its Colorado resorts "outstanding."
The Broomfield company (NYSE: MTN) reported a fourth-quarter loss of $1.80 per share, less than the loss of $1.92 in 2015 but greater than the $1.67 loss expected by analysts polled by Thomson Reuters First Call.
The company, which owns the Vail, Beaver Creek, Breckenridge and Keystone ski areas in Colorado, said "we experienced another outstanding year in Colorado with visitation…