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University of Colorado spearheads launch of quantum startup incubator
The University of Colorado is spearheading the establishment of an incubator for quantum-technology startup companies in east Boulder’s Flatiron Park corporate campus.
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Lumen to sell Broomfield campus at auction
Adjusting to the changing needs of its workforce, Lumen plans to put its 55-acre campus in Broomfield up for auction next month.
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With no new contract, King Soopers workers could vote to strike
Having failed to reach a deal with King Soopers on a new labor contract, union members could go on strike for the second time in three years.
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Warehouse startup incubator wins $544K federal grant
The Warehouse has been awarded a $544,000 grant to expand its manufacturing scaleup support and increase the economic impact of its programs.
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Nederland estimates Eldora purchase could cost upwards of $200M
Nederland officials estimate that it could cost the town as much as $200 million to purchase Eldora Mountain.
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Colorado, FTC sue apartment rental company, alleging deceptive practices
Phil Weiser sued Greystar for using “deceptive advertising” to lure renters, “then fleecing those tenants out of millions of dollars by charging mandatory, fixed fees not included in the advertised price for an apartment.”
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C3 Real Estate Solutions Celebrates 12 Years of Excellence in Real Estate
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C3 Real Estate Solutions is proud to announce the celebration of its 12th anniversary as a leading real estate brokerage on December 12th, 2024.
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Consumers sue OtterBox over warranty issues
A class-action lawsuit against Otter Products, which is laying off workers, alleges that it failed to maintain its consumer warranty on its cell phone and tablet protection products.
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Vail Resorts: Higher prices led to revenue hike despite fewer skiers
Despite fewer overall visitors and a strike, higher pass prices allowed Vail Resorts to increase its 2024/2025 season lift revenue.
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Windsor resort golf course ranked among US’ 200 best
RainDance National Golf Club has been ranked among Golfweek magazine’s 200 best U.S. resort golf courses for 2025.
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Longmont approves new incentives for Stored Energy Systems expansion
Stored Energy Systems plans to expand its Longmont operations thanks in part to several tax incentive packages.
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Greeley no longer No. 1 on Costco’s list for new sites
Some long-held hopes of a Costco store coming to west Greeley have apparently fizzled for now.
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Bizwest sunday
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Bank profitability holds steady
Colorado banks mirror nation in return on assets
Return on assets, the greatest predictor of profitability for FDIC-insured banks across the country, reached 1.20% in the second quarter of 2024, up 12 basis points from the first quarter of 2024, but down 1 basis point from the second quarter of 2023, according to the latest statistics from the Federal Deposit Insurance Corp. Community…
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bizwest in-depth
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Competition for deposits ‘more intense than ever’
Banks vie with payment apps, gambling sites, even Starbucks
Many banks serving Northern Colorado have seen their deposits drop slightly since the pandemic hit four years ago, but the loss of pandemic relief funds isn’t the only reason for that phenomenon. Higher interest rates and increased competition have also had an impact. Banks in Boulder, Broomfield, Larimer and Weld counties recorded $30.8 billion in…
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