VF Corp

VF Corp Confirms Global Workforce Reduction, Including Denver Layoffs

Denver-based apparel giant VF Corp (NYSE: VFC) recently confirmed its decision to lay off approximately 500 employees worldwide as part of its new strategic initiative, “Project Reinvent.” This move aims to enhance brand-building efforts and improve operational performance, including eliminating 30 positions in Denver, where the company relocated its headquarters in 2019. VF Corp, one of the world’s leading apparel, footwear, and accessories companies, boasts a portfolio of renowned brands like Vans, The North Face, Timberland, and Dickies. However, the company faced challenges in its recent second-quarter fiscal 2024 results, reporting a 2% decline in revenue and a $1.16 per share loss. The company’s earnings report outlined the “Project Reinvent”… Read More

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greenhouse gas emissions

Colorado’s Greenhouse Gas Emissions: Tracking Progress and Goals

As Colorado continues its transition towards clean energy, the state’s commitment to monitoring and reducing greenhouse gas emissions remains steadfast. The Colorado Air Pollution Control Division, responsible for overseeing emissions data, is gearing up for its second legally mandated greenhouse gas inventory, expected to be completed by early 2024. A Brief History The journey to this point began back in 2008 when then-Governor Bill Ritter ordered Colorado to conduct its first greenhouse gas inventory. Over the years, the state has undertaken multiple inventories under various requirements. Notably, the 2021 inventory marked the first legally mandated inventory by statute, setting a significant milestone for Colorado’s commitment to addressing climate change. Legislative… Read More

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Homelessness Strategies in Colorado: Effective Approaches for Positive Change

In recent years, Colorado’s three largest cities—Denver, Colorado Springs, and Aurora—have been grappling with a growing homelessness crisis. This issue has increasingly demanded fiscal resources and political attention, prompting each city to develop its own unique strategy to address the challenge. Denver’s Urgent Measures Denver, the capital city, has taken emergency action to combat homelessness. The city declared a state of emergency, allowing it to bypass public bidding procedures to swiftly procure homeless shelters. The goal is ambitious: to house 1,000 people by the end of the year. As part of this effort, Denver has cleared three homeless encampments, including one near the Governor’s Mansion. As of January, Denver recorded… Read More

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Colorado and Wyoming Team Up for $160 Million Sustainable Tech Initiative

DENVER — A collaborative effort between Colorado and Wyoming to foster climate-resilient and sustainable technologies has been shortlisted as one of the 16 finalists for the National Science Foundation’s (NSF) prestigious Regional Innovation Engines Competition. If successful, this partnership could receive a windfall of up to $160 million over the next decade. Expressing his enthusiasm, Colorado Gov. Jared Polis stated, “Colorado takes immense pride in spearheading environmental tech to combat climate adversities. Partnering with Wyoming amplifies our collective strength. The potential funding will supercharge our universities and federal labs, ultimately leading to increased job opportunities.” The NSF’s competition aims to bolster partnerships that can not only drive economic growth within… Read More

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Power Storage Units

Colorado’s Quest for 100% Renewable Electricity by 2050: Benefits, Costs, and Controversies

Denver, Colorado — Colorado’s ambitious roadmap to achieve 100% renewable electricity by 2050, as championed by Governor Jared Polis, has sparked robust debate following a report by the Denver-based Independence Institute. The study suggests a potential cost to taxpayers surpassing $318 billion by 2050. This report from the Independence Institute, which champions policies for “personal and economic freedom,” has prompted diverse reactions. Jake Fogleman, an Energy Policy Analyst from the Institute, forecasts that residents could be burdened with monthly electric bills escalating to $628 by 2040. “We initiated this research to understand the costs of a 100% renewable energy transition, especially given the lack of historical precedents globally,” Fogleman remarked.… Read More

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