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Roan Plateau agreement: What they’re saying
The years-long legal battle over oil and gas operations on and around the Roan Plateau in western Colorado was watched closely by the oil and gas industry as well as environmental groups.
A settlement agreement was announced Friday allowing some drilling on top of the plateau while canceling federal oil and gas leases on about 90 percent of the plateau, which is prized for its wildlife scenic vistas, and the natural gas locked in its rocks.
Here's what some are saying about the agreement:
Organizers of first marijuana credit union confident they'll get insurance, access to Fed
The attorneys representing Colorado's first financial institution created for the marijuana industry are confident they'll get the insurance and master account from the Federal Reserve they'll need to provide services for legal marijuana businesses in the state.
Attorneys Doug Friednash, a shareholder at Brownstein Hyatt Farber Schreck, and Mark Mason, who has his own law firm in South Carolina, got a charter approved by the state on Wednesday for Fourth Corner Credit Union.
Marijuana remains a…
Roan Plateau settlement allows some drilling; cancels other leases
Oil and gas drilling rigs could be working on and around the Roan Plateau in Western Colorado in two to four years following an agreement to settle a long-running legal battle, unveiled Friday.
The settlement — which the Denver Business Journal reported was in the works in October— was announced in a news conference at the Colorado Capitol attended by Gov. John Hickenlooper, U.S. Interior Secretary Sally Jewell and other federal and state officials.
The plateau, which soars thousands of feet…
Earls' downtown Denver location reopens after $4 million renovation
Earls Kitchen + Bar has finished a $4 million renovation of its downtown Denver locaion — a major investment for a restaurant that is just seven years old aimed at reinforcing its appeal to business leaders and conventioneers and increase weekend traffic.
The popular restaurant closed on Aug. 18 and reopened its upstairs bar and eating area on Thursday, about one month after it reopened its downstairs dining room. The renovations began after it closed its Cherry Creek location in June. O wners…
Crescent VII office building in Denver Tech Center sells for $17.25M
A four-story office building in the Denver Tech Center has sold to an undisclosed buyer for $17.25 million.
The property is called Crescent VIII and encompasses 82,265 square feet. It's at 8350 E. Crescent Parkway in Greenwood Village. The building was sold by KBS Real Estate Investment Trust II, a California-based company.
KBS acquired Crescent in 2010 for $12.5 million.
The building was constructed in 1996 and is home to tenants such as Verizon Wireless.
Bill Gross attracts $500 million to Janus from George Soros
Legendary bond investor Bill Gross continues to draw funds to Denver's Janus Capital Group Inc., with $500 million headed to Janus via George Soros.
In an announcement on its website, Janus (NYSE: JNS) said that Quantum Partners LP, a private investment vehicle managed by Soros Fund Management LLC, has invested in a separate account managed by Gross that will pursue a similar investment strategy as the Janus Global Unconstrained Bond Fund that Gross manages.
According to Barron's, Gross said on…
Dish Network reaches pact restoring CNN, keeping TBS on the air
CNN and other Turner channels returned to Dish Network after the companies agreed to restore service to Dish's 14 million customers, and a channel blackout over Turner's TBS and TNT channels has been avoided.
The cable news network, the Cartoon Network and six other channels went dark on the Douglas County-based satellite TV service Oct. 21 amid a standoff between the nation's third largest TV distributor and Turner over contract terms.
Dish Network (Nasdaq: DISH) and Atlanta-based Turner Broadcasting…
Hancock, DIA chief Day fire back at Frontier Airlines CEO over letter critical of airport
Denver Mayor Michael Hancock and Denver International Airport CEO Kim Day are pushing back at Frontier Airlines, arguing in strong language that the company's financial troubles are the result of its new ultra-low-cost-carrier business model and not fees or taxes it must pay to the city.
Hancock sent a letter Friday morning to Frontier Airlines CEO David Siegel, saying that Siegel was wrong to tell employees earlier this week that the company's property taxes have doubled in the past two years.
Metro Denver unemployment rate 3.7% in October
Metro Denver's unadjusted unemployment rate stood at 3.7 percent in October, down from September's 4.0 percent level and October 2013's 6.1 percent rate, according to raw county jobs estimates Friday from the Colorado Department of Labor and Employment.
The 3.7 percent unadjusted jobless rate is for a 10-county area that includes Denver, Aurora, Lakewood, Broomfield and Centennial, but not Boulder County.
Boulder County's unemployment rate was 2.9 percent last month, unadjusted. The rate for metro…
Who's hiring in Colorado? Here are the top 10 help-wanted advertisers (Slideshow)
Who has the most jobs to fill in Colorado? One indication is which large employers are running the most help-wanted ads online.
The Colorado Department of Labor and Employment each month lists the 10 employers who have the most online help-wanted ads in to fill positions in the state.
The CDLE draws on data from The Conference Board's Help Wanted OnLine program.
Here's the list for October. Click on the image at upper right to see which Colorado employers are doing the most hiring.