Friday - March 22, 2019
OnDetroit.com

Business News

More than 60 permanently affordable apartments are coming to Denver’s Cole neighborhood - Fri, 22 Mar 2019
Permanent affordable housing is coming to an area of Denver that has seen great change over the past several years.

Invesco to layoff 850 Denver area workers as it absorbs OppenheimerFunds - Fri, 22 Mar 2019
Invesco announced plans in October to purchase OppenheimerFunds, a combination of money management firms expected to results in $475 million in "targeted expense synergies," for Invesco, according to documents the company shared with investors. (See: Expansion while saving money by eliminating overlapping services.)

From cow town to tech town: Denver’s startup scene is flourishing - Fri, 22 Mar 2019
Name-brand companies get most of the headlines, but it's the little guys that make the tech world go round. Startups that grow to become successful firms provide the proof in the pudding that a city can support the Amazons and Facebooks of the world. And Denver has no shortage of those.

Colorado launches initiative to boost employee ownership of businesses - Fri, 22 Mar 2019
Governor Jared Polis is taking action on one of his top economic development priorities -- promoting employee ownership of businesses and companies in the state.

MillerCoors sues Anheuser-Busch over corn syrup ads - Thu, 21 Mar 2019
A fight between beer giants escalated Thursday after MillerCoors filed a lawsuit against Anheuser-Busch that accused its rival of trying to “frighten” consumers into switching to Bud Light with “misleading” Super Bowl ads.

Tribes urge U.S. to ban drilling around sacred New Mexico site - Thu, 21 Mar 2019
Native American leaders are banding together to pressure U.S. officials to ban oil and gas exploration around a sacred tribal site that features massive stone structures and other remnants of an ancient civilization but are facing the Trump administration’s pro-drilling stance.

Louisville-born Dream Chaser passes latest NASA review, priming spacecraft for 2021 mission - Fri, 22 Mar 2019
Sierra Nevada Corporation announced Thursday that its Dream Chaser spacecraft had passed the latest in a series of NASA milestone tests, likely setting the stage for the aerospace firm to launch the first of its unmanned supply missions in early 2021.

Bay Area tech firm Checkr could bring more than 1,400 jobs to Colorado in its HQ2 - Thu, 21 Mar 2019
Amazon passed by the Front Range in its hunt for a second headquarters, but Checkr, a San Francisco company with technology that speeds up background checks, is giving Denver serious consideration for its HQ2.

Butterfly Pavilion’s new Colorado Backyard heralds big changes at the internationally unique zoo - Thu, 21 Mar 2019
As the world's only accredited, standalone invertebrate zoo, the Butterfly Pavilion's job is to remind people of that while removing the negative stigma from insects, crustaceans, snails, jellyfish, leeches or the pavilion's most famous resident: Rosie the Tarantula.

Actress Melanie Griffith sells her Aspen Mountain home with “heaven on Earth” view for $4 million - Thu, 21 Mar 2019
Actress Melanie Griffith has sold her Aspen Mountain retreat — a seven-bedroom, eight-bathroom log house on 2 acres — for $4 million after originally listing it for sale in 2015.