Aritzia’s profit decreases as the company works on preparing for future expansion
During its fourth quarter, which ended on March 3, profits dropped by 35 percent to $24.2 million from $37.3 million a year earlier
After UBS and Credit Suisse failures, banking regulations are set to change
The Swiss central bank is tightening regulations on the financial markets by imposing increased reserve requirements on banks. Specifically, UBS, which recently acquired Credit Suisse, must maintain up to $20 billion in cash reserves due to stricter regulations. The need for cash reserves is fundamental to the money creation process. Having too much liquidity can lead to …
Denver chef Dana Rodriguez shuts down one of her restaurants
Restaurateur and Casa Bonita chef Dana Rodriguez has shut down one of her dining establishments.
TikTok has pledged to take legal action against the potential US ban. What is the legal situation?
Legislation requiring TikTok's parent company to sell the video-sharing platform or face a ban in the U.S. has been officially approved by President Joe Biden. However, this newly enacted law may face challenges in court. Critics argue that the sell-or-be-banned ultimatum violates TikTok users' First Amendment rights. The app's China-based owner, ByteDance, has vowed to sue, calling the legislation unconstitutional. The possibility of a court challenge successfully blocking a potential TikTok ban is uncertain. Opponents of the law, including advocacy organizations like the American Civil Liberties Union, insist that the government hasn't justified such action—while others believe that national-security claims could still prevail.
Overnight TSA security checkpoint times change at Denver International Airport
TSA will no longer operate checkpoints and bag scans from 1 a.m. to 3 a.m.
A florist says they had to move from the Brown Palace in Denver because the rent went up
Business at The Brown Palace is no longer thriving.
A restaurant in Denver tricked investors to get $380,000, according to the state
State regulators say that a local Indian restaurant with one location used “half-truths and lies” to sell investors on its grandiose plans for a nationwide expansion before spending the $380,000 that shareholders invested on rent, operating costs and Ponzi-like payments.
The US is going to ban TikTok? We answer your important questions
After many efforts to prohibit the Chinese-owned app, including by former President Donald Trump, a law to make the widely used video-sharing app illegal has been approved by Congress and is en route to President Biden for his approval. The law requires ByteDance, the company based in Beijing that owns TikTok, to sell the company within nine months, with a potential three-month extension if a sale is in progress. If the sale does not occur, TikTok will be forbidden. Here are some important questions and answers.
A new federal regulation would prevent most employees from having “noncompete” agreements
U.S. companies would no longer be able to prevent employees from taking jobs with competitors under a rule approved by a federal agency Tuesday, though the rule is sure to be challenged in court. The Federal Trade Commission voted Tuesday 3-2 to ban measures known as …
Vail Resorts made less money from skiers, but earned more revenue in 2023-24
Visitation for March and April was higher than last year, following “challenging” early season snow conditions.