Business News - breaking international news, videos and headlines

Denver City Council passes East Colfax hotel financing, but bulk of new members vote no

2023-09-20

A scaled-back plan to redevelop a dilapidated East Colfax hotel with the help of public funds moved forward on Monday, although it got a chillier reception from the Denver City Council than it did last year. In June 2022, the council voted 9-3 to support the redevelopment of the All Inn Motel at 3015 E. Colfax Ave. with tax increment financing, or […]

U.S. Seeks to Recall 52 Million Airbag Inflaters

2023-09-05

Federal auto safety regulators moved Tuesday toward a recall of about 52 million airbag inflaters used by a dozen major carmakers, calling the parts unsafe and susceptible to rupture. The National Highway Traffic Safety Administration scheduled a public meeting on Oct. 5 on its recommendation to recall the airbags, manufactured by ARC Automotive and Delphi Automotive Systems. ARC rejected the […]

Occupational Segregation Drives Persistent Inequality, Study Says

2023-09-05

Education has long been hailed as the path to upward mobility in America. But new research points to limits of education as an economic escalator for Black workers. In the past two decades, the number of Black workers with a four-year college degree or higher has more than doubled, to 4.8 million. But the income gains are far less than […]