Denverbased

Cameron Schaefer, CEO of Denver’s fast-growing Vinyl Me, Please record club, has landed on Billboard’s prestigious 40 Under 40 List. Schaefer, 39, has led the 10-year-old Vinyl Me, Please through a remarkable period of growth and publicity, including the April 2022 announcement of a purpose-built, 14,000-square-foot record pressing plant and lounge in the River North Art District (already open and operating at 1752 Platte St.). DENVER, CO – MARCH 23: Vinyl Me, Please staff meeting lead by Cam Schaefer, left, head of…

Denver-based Frontier Airlines has hit more turbulence for troubles that, despite relatively low fares, have shaken relations with travelers. A new analysis of the nation’s 10 major airlines ranked Frontier last, citing high rates of “bumping” passengers involuntarily off flights, customer complaints, and fees for bags and changed flights. This seventh-annual report found that all airlines deteriorated in their performance with overall complaints increasing in 2022 by 87%. But Frontier’s reported data from 2022 showed…

After years of rapid growth, Guild, a Denver-based technology company focused on employee education, let go of 12% of its workforce on Wednesday. “I’m writing with a heavy heart today to share that we’ve made the difficult decision to eliminate 172 roles at Guild, as a part of a broader organization of the company around our 3-year strategy and 10-year goals,” CEO and co-founder Rachel Romer wrote employees on Wednesday. The company counts 1,400 workers overall, including 730 in Colorado, and has a high-profile list of…

Chevron Corp. said Monday that it will acquire Denver-based PDC Energy in an all-stock transaction valued at $6.3 billion, adding to its oil and gas holdings in the Denver-Julesburg and Permian basins. The deal will net Chevron 275,000 acres next to its existing operations in the Denver-Julesburg Basin in eastern Colorado and more than 1 billion barrels of oil equivalent. Chevron will acquire 25,000 additional acres in the prolific oil fields of the Permian in West Texas and New Mexico. Chevron Chairman and CEO Mike Wirth…

Poppulo, a Denver-based software development company, laid off 80 employees at the end of April, including 20 workers in Colorado. The move follows downsizing in the tech industry that started in 2022, with impacted companies including Twitter, Microsoft, Dell Technologies Inc. and Meta Platforms Inc., the owner of Facebook and Instagram. But other Colorado sectors aren’t immune to layoffs either, with the energy, cannabis and manufacturing sectors also taking blows earlier this year. Although inflation is steadily…

Tom’s Watch Bar is one to watch. The “official bar of the Colorado Rockies,” which opened in McGregor Square last year across from Coors Field, got a “significant investment” this week from Denver Broncos Hall-of-Famer John Elway. Elway will also become a member of the Denver-based sports bar chain’s board of advisors, as will David Robertson, CEO of FrontRange Capital Partners, who also made an investment in Tom’s. The terms of both deals were undisclosed, according to a statement from Tom’s. Keith Srakocic, The…

Just in time for the stress of the World Series, Major League Baseball has sanctioned a Colorado company as its official CBD brand. MLB announced the multi-year partnership last week with Denver-based Charlotte’s Web, which will supply CBD to professional players through December 2025. The announcement coincides with the launch of a new line of products, called SPORT – Daily Edge, designed specifically to help athletes recover from the impact of playing sports. The packaging features the MLB logo. Charlotte’s Web launched…

The atmosphere was laid back on a recent afternoon at the warehouse of Pinemelon, a startup grocery service, as a few people talked and walked among the long metal shelves of boxes, bags and jars of food. It was the calm after the storm. “We have capped out for the day. We don’t have the capacity to do any more deliveries today,” said Sarah Young, the company’s marketing director. For about a week, Pinemelon’s promotion was a dozen Palisade peaches for a penny, making about 90-plus deliveries a day. “We’re working through…

A Denver company that powers cryptocurrency mining and data production with otherwise wasted methane at oil and natural sites has bought another Colorado business to help expand its operations. Crusoe Energy Systems said Tuesday that it acquired Easter-Owens Electric Co., a third-generation family business that manufactures specialized electrical systems and modular data centers for a number of industries. Cully Cavness, Crusoe’s co-founder, president and chief operating officer, said Easter-Owens’ 70 employees at its…