Wells Fargo 2q Profit Rises As Bad Loans Ease

An intense persuasion campaign is heating up across more than 1,200 miles, from Colorado Springs to Alabama, as both states’ congressional delegations battle over landing the permanent headquarters of the U. S. Space Command. Colorado’s elected officials want to keep the command at Peterson Space Force Base, where it has been based since the service was revived in the summer of 2019 under then-President Donald Trump.

They say that when one door closes, another opens. But in this case, it’s the same door. Jagged Mountain Craft Brewery, which closed last month after 11 years in downtown Denver, has sold its brewing equipment and other assets to two longtime local beer makers who plan to reopen the space next February as Full Frame Beer.

Work management platform monday.com opened its second Denver office in the LoDo neighborhood on Thursday to accommodate the company’s growth in the region. On the third floor of the 1755 Blake Street office building, the new 26,000-square-foot office is more than twice the size of the company’s other location on Market Street, which sits at 10,000 square feet. “Since opening the doors to our first Denver office two years ago, our team has grown by 79%, exceeding expectations.

The Colorado Economic Development Commission played defense on Thursday, approving tax incentives to keep some local companies in place. But it went on offense as well, trying to lure the U. S. arm of a New Zealand-based sports governing authority to Colorado Springs. Project Kiwi, the codename given to an unnamed New Zealand nonprofit, oversees a major Olympic sport in the U.

By DAVID KOENIG DALLAS (AP) — Delta and United have become the most profitable U. S. airlines by targeting premium customers while also winning back a significant share of travelers on a tight budget. That is squeezing smaller low-fare carriers like Spirit Airlines, which filed for bankruptcy protection on Monday. Some travel-industry experts think Spirit’s troubles indicate that travelers on a budget will be left with fewer choices and higher prices. Other discount airlines are on much better financial footing than Spirit, but they too are lagging far behind the full-service airlines when it comes to recovering from the COVID-19 pandemic.

By WYATTE GRANTHAM-PHILIPS NEW YORK (AP) — Sneaking a little ahead of line to get on that plane faster? American Airlines might stop you. In an apparent effort to reduce the headaches caused by airport line cutting, American has rolled out boarding technology that alerts gate agents with an audible sound if a passenger tries to scan a ticket ahead of their assigned group.