Colorado ranks 19th among the 50 states in the latest results of an annual analysis of how taxes affect business. Colorado slipped one spot in the State Business Tax Climate Index for 2014, but continues to fare well for its comparatively lower individual and corporate income taxes. The Tax Foundation — a nonprofit, nonpartisan tax […]
Kelly Sloan, The Business Times Even as one energy company discontinues oil shale research in Western Colorado, industry observers hold out hope for development of a potentially vast energy resource. Shell Oil Co. announced it’s shutting down its Mahogany Project after spending tens of millions of dollars and more than 30 years in developing sophisticated […]
Phil Castle, The Business Times Small business owners and managers who have questions about the new federal health care law and health care exchange can get answers from the state agency that regulates the insurance industry. Meanwhile, assistance is available to consumers from “guides” working out of new offices Hilltop Community Resources has set up […]
Kelly Sloan, The Business Times Esther George disagrees with a decision by the Federal Reserve to continue an economic stimulus program despite signals the Fed would begin tapering off that program. George, president and chief executive officer of the Federal Reserve Bank of Kansas City, said she was a holdout on the Federal Open Market […]
New entrepreneurs behave differently from experienced business owners in handling the stress of starting new ventures, according to the results of a study conducted at the University of Colorado in boulder. “Inexperienced entrepreneurs actually become more stressed when they take a break from their work because they’re not able to completely remove themselves mentally and […]
Phil Castle, The Business Times A Grand Junction company has completed only the second offset verification conducted under a greenhouse gas cap-and-trade program in California. Ruby Canyon Engineering is in the process of completing verifications for seven other offset projects that either destroy such ozone-depleting substances as refrigerants or capture and destroy methane from livestock […]
A monthly index tracking optimism among small business owners has dipped on less upbeat expectations for an improving economy. The National Federation of Independent Business reported that its Small Business Optimism Index slipped two-tenths to 93.9 in September. The largest contributing factor to the decline was an eight-point drop in a component of the index […]
Phil Castle, The Business Times: A Western Colorado bank offers no-interest loans to furloughed federal employees to help them get through the government shutdown. Alpine Bank has earmarked $13 million for the program, said Clay Tufly, regional president for Mesa and Delta counties. “We want to help in any way we can,” Tufly said. Alpine […]
Phil Castle, The Business Times: Companies can join in a new branding program designed to promote not only Colorado, but also the products made in the state. In fact, Aaron Kennedy hopes to enlist 100 companies by the end of the year. The goal in part, he said, is to help customers realize “a lot […]
An index tracking confidence among Colorado business leaders has edged down, but continues to reflect an upbeat outlook going into the fourth quarter. “Business leaders remained optimistic overall despite confidence being tested by uncertainty coming out of Washington. Coupling business confidence with other economic metrics, Colorado looks to be on a stable growth trajectory,” said […]