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Whiting Petroleum sells North Dakota assets for $500M

By BizWest Staff DENVER — Whiting Petroleum Corp. (NYSE: WLL), a Denver-based energy company, is selling its North Dakota assets, in a transaction valued at $500 million. The Denver Business Journal reports that Whiting is selling its Fort Berthold Indian Reservation area assets in Dunn and McLean counties in North Dakota to RimRock Oil & Gas Williston LLC. The deal will enable Whiting to repay $500 million of its current $550 million bank debt. Whiting last November sold other North Dakota assets for $375 million. The post Whiting Petroleum sells North Dakota assets for $500M appeared first on BizWest.… Continue Reading...

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Webroot acquires assets of Oregon cybersecurity startup

By Christopher Wood BROOMFIELD — Webroot Inc., a Broomfield-based cybersecurity company, has acquired the assets of Portland, Ore.-based Securecast, a security-awareness training platform. The Securecast platform will be integrated into the Webroot Security Awareness Training, helping managed service providers and businesses reduce the risks and costs of phishing, ransomware, and other cyber threats with end-user education, the company said in a press release. Webroot Security Awareness Training is available as a beta program, with general availability scheduled for later this fall. The beta will allow participants to operate phishing simulations and provide a test course to address the weakest link in an organization’s security posture: the human factor.… Continue Reading...

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Report: Colorado one of top states for aerospace manufacturing

By Jensen Werley Colorado is ranked No. 8 for attractiveness to the aerospace manufacturing industry. States were ranked based on the cost of doing business, labor, infrastructure, industry, economy and tax policy in the report from PricewaterhouseCoopers LLC. Across the board, Colorado was ranked No. 35 for cost; No. 3 for labor; No. 7 for infrastructure; No. 28 for industry; No. 30 for economy and No. 2 for tax policy, behind Wyoming. To reach the results, PwC weighted each category equally. Each category was broken down into subcategories. For example, to get the labor score, researchers looked at education levels and union membership; industry was determined by factors such as market size, profit margin and market maturity.… Read more

New bar Wasted Space brings slushies back to Old Town

By [email protected] The space previously housed by Poudre Keg and Luscious Nectar had a new tenant Source:: Colorado Business… Continue Reading...

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Liquor license suspended at popular Fort Collins bar

By [email protected] Sundance Steakhouse & Saloon is contesting claims that it violated alcohol laws Source:: Colorado Business… Continue Reading...

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Banner opens heart clinic in Fort Collins

By [email protected] Banner adds heart clinic in Fort Collins Source:: Colorado Business… Continue Reading...

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NoCo tech CEOs see challenges in recruiting, retaining employees

By Jensen Werley FORT COLLINS — Like many industries, one of the biggest issues facing technology businesses in Northern Colorado is the ability to hire and retain skilled talent. In technology, it can be hard to recruit skilled talent, business leaders shared at BizWest’s CEO Roundtable on technology in Northern Colorado on Tuesday. Recruiting is especially challenging when competing with tech hubs such as Silicon Valley, Austin and Boston, and when cost of living is consistently becoming more expensive. “The thing that is challenging the most is finding skilled technicians,” said Stan Strathman, vice president of wafer manufacturing at Broadcom Ltd.… Continue Reading...

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By Jensen Werley Participants of BizWest’s CEO Roundtable on technology in Northern Colorado are, from left, Jayson Gitt, Kent Bejcek, Brenda Mares, Todd Headley, Ted Warner, Stan Strathman, Jeff Brauch, Nadine Trujillo-Rogers, Ross Henninger, Jim Sampson, Mike Grell, Bryan Watkins and Jeremy Swanner. The post RT_NoCoTech appeared first on BizWest. Source:: BizWest… Continue Reading...

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Denver approves $1.8B DIA terminal renovation

By BizWest Staff DENVER — The Denver City Council early this morning signed off on a $1.8 billion renovation of the terminal at Denver International Airport. The Denver Post reports that the controversial project is the first major public-private partnership of a city-owned building. The City Council voted 10-2 to approve the agreement with Madrid-based Ferrovial Airports and Centennial-based Saunders Construction. The project will include changes in security screening and a renovation to the Jeppesen Terminal. The post Denver approves $1.8B DIA terminal renovation appeared first on BizWest. Source:: BizWest… Continue Reading...

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Target launches next-day delivery in Boulder, Denver

By BizWest Staff Target is intoducing next-day delivery of household items in Boulder and Denver, following on the heels of Amazon, which offers same-day service. The service is available in more than 100 ZIP codes in the Denver-Boulder area. The Denver Post reports that the Minneapolis-based retailer is launching the service, dubbed Target Restock, Tuesday. The service was tested in Minneapolis in June and also is being unveiled in Dallas. Customers can pay $4.99 to order up to 45 pounds of household goods, with orders made before 2 p.m. delivered the next business day.… Continue Reading...

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