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Denver Business News - Local Denver News | Denver Business Journal

  1. Home-price gains in Denver continue to cool, says Case-Shiller report
    The good news for sellers: Denver home-resale prices continued to climb in July, setting a new record high. The not-so-good news: Prices in the area rose at their slowest year-over-year pace in two years. And July's month-to-month gain was smaller than previous months. That's according to the latest monthly S&P/Case-Shiller Home Prices Index from S&P Dow Jones Indices LLC, issued Tuesday. Average sale prices of existing homes set a new all-time record in the Denver area in July as they have for…
  2. 2 Colorado cities among 10 best in U.S. for coffee snobs (Slideshow)
    Getting a morning caffeine fix is an absolute must to power through the day for 61 percent of Americans. But that doesn't mean you'll find them waiting in line at the local Starbucks. For many Coloradans especially, mainstream coffee shops just won't cut it. Perhaps that's why two Colorado cities have been named to Redfin's new list of the 10 best U.S. cities for coffee snobs. Click the image above to view a slideshow of the 10 best cities for coffee snobs. According to Seattle-based online…
  3. Small-business jobs slip in mountain states, says IHS-Paychex report
    Small-business employment in the Rocky Mountain states slipped 0.37 percent in September from the previous month, but was up 1.4 percent from last September, according to Tuesday's monthly report from Colorado's IHS Inc. and Paychex Inc. For the first time in five months, the mountain states did not lead the nation's regions in year-over-year small-business job growth, according to a comparison of seven U.S. multistate regions by the Paychex / IHS Small Business Jobs Index report. Coming in at…
  4. Clovis Oncology shares soar on test results
    Shares of Clovis Oncology Inc. jumped 13.2 percent Monday after the Boulder company reported encouraging test results for a cancer drug. The Associated Press reports that Clovis (Nasdaq: CLVS) has been testing its drug rucaparib for use in treating ovarian and breast cancer. It cited positive results in treating patients in a small trial. Shares closed Monday at $48.08. Shares had been sagging since a high near $89 in March, reaching a recent low under $37 in August.
  5. 10th case of mysterious child-paralysis symptoms reported in Colorado
    A 10th case of symptoms resembling paralysis has been reported in Colorado, and health authorities think the outbreak among children could be tied to a virus. The Denver Post reports that all the cases were diagnosed at Children's Hospital Colorado in Aurora. The affected children range from 1 to 18 and average 8 years old, authorities say. They say it's too early to tell whether the paralysis will be permanent.