Colorado State News

Xcel Energy-Colorado’s proposed rate increase to face public scrutiny

Xcel Energy-Colorado’s requested rate increase would go into effect Jan. 1, 2020 if approved by the Public Utilities Commission. The Colorado Public Utilities Commission will begin taking public comment next week on a rate increase Xcel Energy-Colorado proposed in May. The increase would net the company an additional $158 million a year, which would be used to offset the costs of upgrading its infrastructure. The Minneapolis-based utility has made $4.1
Colorado State News

Colorado OKs incentives for 800 jobs from a California fintech company

Colorado’s Front Range continues to see a steady stream of California transplants — not just people, but entire corporations and satellite offices. One of them could be a Bay Area financial technology (fintech) startup that is looking at the metro area and could bring in nearly 800 jobs over eight years. Project Feline, a codename used to protect the company’s identity, is considering locations in Denver, Douglas or Arapahoe counties,
Colorado State News

National Western Stock Show names Bruce, Mary Benson 2020 Citizens of the West

The National Western Stock Show on Tuesday announced Marcy and Bruce Benson have been named the 2020 Citizens of the West. The annual award recognizes “those who embody the spirit and determination of Western pioneers and perpetuate the West’s agriculture heritage and ideals,” according to a press statement from the Stock Show, following last year’s naming of Greeley businessman Robert G. Tointon. The Bensons will receive their award at a
Colorado State News

Atari founder, governor play pong with the future of work in the artificial intelligence age

The artificial intelligence revolution isn’t coming, it’s already here. Take it from Gov. Jared Polis, a veteran of the tech startup scene introduced as Colorado’s “innovator in chief” Wednesday at a Denver Startup Week panel on the evolution of technology and its impact on everyday life. “I was just at Amazon’s new facility in Thornton,” Polis said. “Inside, where we used to see human-operated forklifts they have little intelligent robots
Colorado State News

Startup says Denver perfect place to make its high-tech, mesh “skin”

On the heels of a round of successful fundraising, the founders and employees of Cipher Skin were displaying their products and talking to crowds in downtown Denver about the company’s technology, which transmits real-time data about the human body and physical objects. It’s Denver Startup Week and the gathering, which runs through Friday and draws thousands of people, is a great opportunity to mingle with other entrepreneurs, CEOs and prospective
Colorado State News

Colorado Civil Rights Division criticized in new state audit

Colorado’s process for investigating and ruling on civil rights complaints is too slow, is handled without transparency and accountability, and violates the state’s open-meeting law, a newly released state audit found. The Civil Rights Division violated state statute by not completing 367 of 933 complaints reviewed — or 39% — within 270 days, instead taking almost a year on average to complete its investigations, according to a state auditor’s report
Colorado State News

Colorado oil production could rise with Saudi Arabia instability

Oil prices fell Tuesday as talk of possible retaliation for the attack on Saudi Arabia’s oil facilities eased a bit and the Saudis restored some of the production, but the impacts on the U.S. and world markets remain a moving target, an analyst said. If lingering problems keep oil prices in the mid-$60 per barrel range or higher, U.S. companies, including in Colorado, will see production increase, said Bernadette Johnson,
Colorado State News

Work-ban for H-4 spouses of H-1B workers could come in spring, feds say

The U.S. Department of Homeland Security says a rule banning spouses of H-1B workers on track for green cards from working could be published in the spring, at the earliest. The latest hint of a publication date came in a U.S. Department of Justice memo Monday to a federal appeals court, which is hearing a challenge to the work authorization granted to H-1B spouses in 2015 under former President Barack
Colorado State News

Former U.S. skiing great Lindsey Vonn to start cosmetics company

For most of her adult life, this was the time of year when Lindsey Vonn would be in South America training for the upcoming ski racing season, so being a retired downhiller feels strange for the most successful female ski racer of all time. One of her ex-coaches has been texting her photos of former teammates training in Portillo, Chile, where the U.S. Ski Team holds annual September training camps
Colorado State News

Average price per pound of retail marijuana continues to grow

Like a hiker with a fourteener fix, the price of wholesale pot just keeps climbing in Colorado, according to the state statistics. Between May 1 and July 31, the average price of a pound of dried marijuana sold wholesale to stores hit $999, according to the Colorado Department of Revenue. That’s a nearly $150 jump over the $850 average the state recorded in July. The $999 average market rate price,