Posted inBusiness, News, Politics and Government

Colorado’s PERA board may ditch its longtime financial adviser after $1.3 billion mistake

The Public Employees’ Retirement Association’s board of directors is considering jettisoning its longtime financial adviser after an accounting mistake caused the firm to underestimate the Colorado state pension’s liabilities by $1.3 billion. The error was spotted by an internal audit, triggering what the board president described as a “serious fire drill” to rewrite the pension’s […]

Posted inBusiness, Coloradans, Environment, Growth, News, Water

Colorado’s hot summer of dry ditches and empty reservoirs has left distressed farmers sweating: Will it get worse?

OLATHE — John Harold charges his Chevy through chest-high stalks of sweet corn. He’s talking on his phone, scribbling notes. He’s got corn-harvesting crews spread across the Uncompahgre Valley, picking more than 100,000 ears a day of his trademarked Olathe Sweet. The fields of onions need weeding. His beans, too. More than 100 fields of […]

Posted inBusiness, Outdoors

At the height of the ski pass war, Wolf Creek — with its $70 lift ticket — remains defiantly independent

WOLF CREEK — As the first flakes frost the highest peaks, the Colorado-sparked season pass war is ablaze. It’s a new world for skiers, with resorts across the U.S. aligning into two distinct camps. In one corner, the nascent Alterra Mountain Company this week fired off a list of new partners for the Ikon Pass, which offers unlimited […]

Posted inBusiness, News

Amazon commits to Boulder with new office for advertising team as Colorado awaits word on HQ2

As Colorado awaits Amazon’s decision on where to plunk down a second headquarters, the Seattle company on Thursday said that it is moving its Boulder advertising team into more spacious quarters at 1900 15th St., near the Pearl Street Mall. The company, which told The Colorado Sun it already has “dozens of Amazonians who support […]

Posted inEnergy, News, Politics and Government

Colorado business leaders are behind dark-money political group spending big on state Senate races

A nonprofit with large donors from the oil and gas industry is spending big on cable TV ads to help Republicans in four state Senate contests. The Colorado Economic Leadership Fund is spending $621,370 on ads, according to cable TV contracts filed last week with the Federal Communications Commission. The ads began airing Aug. 22 and are set to […]

Posted inBusiness, Crime and Courts, News, Politics and Government, Technology

Colorado has one of nation’s strictest consumer data protection laws, as of Sept. 1. Are you ready?

When Colorado’s new consumer data-privacy protection law goes in effect Sept. 1, the rules will be among the strictest in the nation. Any company or public agency storing a Coloradan’s personal details will now need a data-protection policy, a swift notification system and the means to destroy the data when it’s no longer needed. But […]

Posted inBusiness, Health, News

After Sun report on pharma money and a Colorado Medicaid board, senior state attorney tells board members to be more transparent

AURORA — Amid questions over the pharmaceutical industry’s influence on members of a state Medicaid board, a senior lawyer in the Colorado Attorney General’s office on Tuesday night admonished members of that board to disclose all potential conflicts of interest in order to protect the integrity of their work. The reminder came after Colorado Medicaid […]

Posted inBusiness, Energy, News, Outdoors, Politics and Government

The $44.2 million pitch: What Grand Junction is doing to land BLM’s headquarters — and what the chances are it will work

The Bureau of Land Management appears closer than ever to relocating its headquarters and some 300 jobs to the West from Washington, D.C. — closer to the nearly 250 million acres of land it manages. Colorado’s congressional delegation has been busy pitching the Centennial State, and Grand Junction in particular, as the best new home address for the agency. […]