Weekly News from COBRT
August 8, 2017
Not only are candidates coming out of the woodwork for Colorado's 2018 gubernatorial election already, but organizations that haven't been major players previously in state politics are getting involved in new ways. One of those organizations is the Colorado Business Roundtable, which hopes to make discussion of business issues front and center in the campaign. 

The Denver Business Journal has partnered with COBRT on "Finding Colorado's Next Governor," a series of radio interviews with each of the gubernatorial hopefuls that can be heard from 4 to 5 pm on AM 1690 KDMT on the last business day of each month. This video looks at why COBRT has jumped into the political debate and what it hopes to accomplish with the effort. 

The Colorado Business Roundtable believes in the power of collaboration. We are going to recognize Colorado's leaders in collaboration, partnerships, and going the extra mile to help make the business ecosystem of Colorado stronger.

Join us on December 7th from 11:30 am to 1:30 pm in helping recognize these leaders in Colorado and come listen to our keynote speaker, Jim Clifton, Chairman and Chief Executive Officer of Gallup, discuss his view of business collaboration. 

To nominate a company or organization who has demonstrated collaboration, please fill out this form
Denver is gaining a new publicly traded company because a national hotel chain is moving its corporate headquarters to Colorado. Red Lion Hotel Corp., formerly of Spokane, Washington, said it's moving its corporate headquarters to 1550 Market St. effective this month. 
Watch the Business Roundtable's new commercial on Tax Reform
Business Roundtable launched its national ad campaign calling for tax reform, releasing a 30-second television spot and localized radio ads. Appearing on national cable news networks, the TV spot, "Slowest Recovery," argues that the outdated U.S. tax system has slowed economic growth and driven U.S. companies abroad. The ad concludes by asking viewers to contact their member of Congress to urge them to pass tax reform. The 250 radio commercials target specific House members. BRT's campaign has drawn extensive media coverage, including this CNBC report today. 

CNBC's Ylan Mui reports the Business Roundtable is launching a multi-million dollar campaign targeted at lawmakers writing key tax legislation to hammer home the message that tax reform is vital for faster economic growth. 

The ever-widening gulf between the views of Republicans and Democrats is one of the most significant trends to emerge in U.S. society in the past two decades. This trend is most evident in presidential job approval ratings, but a new Gallup analysis finds that political polarization also exists in American's opinions on many other issues. 
The Denver metro area is expected to remain a key part of Jacobs Engineering Group Inc.'s world-wide structure after the engineering firm closes its deal to buy Douglas County-based engineering giant CH2M. 

But there will be one key change at CH2M: The departure of its chairman and CEO, Jacqueline Hinman. 
As part of Colorado Business Roundtable's ongoing education and collaboration series, we are honored to host David Avrin, CSP, International Speaker and Author of Visibility Marketing. 

One of the most in-demand Business Marketing /Branding Keynote Speakers in the world today, David Avrin, CSP is known as The Visibility Coach. With a surprisingly irreverent and entertaining style, David delivers a profoundly insightful and hard-hitting message to business audiences across North America and around the world. 

David will be joining our on-air radio show broadcast, 1690 KDMT at 4:00 pm and will have the opportunity to speak and connect with attendees afterward from 5:00 pm to 6:00 pm at a small reception. 

Denver - July 31, 2017 - Stephanie Copeland, executive director of the Colorado Office of Economic Development and International Trade (OEDIT) along with local economic development professionals from around the state, gathered in Meeker today to announce the recipients of the second round of the Colorado Blueprint 2.9 initiatives

"Blueprint 2.0 is a great example of how Colorado is going above and beyond existing resources to support the needs of our rural regions," said Lt. Governor Donna Lynne. "We congratulate today's recipients and look forward to seeing how these regions leverage the new services and resources to help strengthen their economies and communities."
A San Francisco-based entrepreneur is bringing his idea to Denver, opening the second location of Zen Compound, a facility that combines co-working space, a coffee shop, an art gallery and a nightclub. 

Paul Hemming, CEO and founder of Zen Compound, will open in a 20,000 square-foot space at 1136 N. Broadway in three stages, with the first stage, the nightclub, to open this fall. The entire facility is expected to be up and running by the beginning of 2018. 
POLITICO asked Colorado Gov. John Hickenlooper during a Playbook Exchange event here if he would run for the White House on a ticket with Ohio Republican Gov. John Kasich. 

He said: "I don't think Kasich would ever do that ... You never know. You never say. He's an easy person to work with. He's strongly opinionated. And quick to his opinion. But he also knows as much about the federal budget, and understands health care at a deeper level than almost any other governor I know. ... I don't think it's in the cards. But I do like the idea of working with him in some context at some point."

The governor told POLITICO Trump has told him he's taken notice of his appearances on TV.

The Colorado Immigration Reform Coalition responded to the  RAISE Act, new legislation sponsored by Senators Tom Cotton (R-Ark.) and David Perdue (R-Ga.), and called for a revised solution that harnesses the economic power of foreign-born workers in the U.S. economy. The proposed bill was endorsed this week by President Trump, and called for a substantial limit to legal immigration.

While the coalition agrees on the need to modernize our broken immigration system with merit-based solutions, the bill contains a broad misconception that immigrants are hindering the wages of American workers. In fact, research has shown time and time again that foreign-born workers often act as key drivers of  innovation and  job creation, and do their part in  filling the workforce gaps that the American economy faces with its ongoing aging crisis. Instead, the coalition is urging Congress to take an approach that harnesses the power of immigrants to create a streamlined process that attracts the best talent, builds the workforce needed to support America's industries, and ultimately lays the groundwork for greater economic growth. 

On July 26, 2017, the Wage and Hour Division of the Department of Labor (DOL) published a Request for Information regarding overtime regulations under the Fair Labor Standards Act (FLSA). 

The DOL invites comments on the 2016 revisions to the "white collar" exemption in the FLSA, including whether the standard salary level set effectively identifies the employees who should be exempt, or whether there should be a different methodology utilized to set the standard salary threshold. DOL also seeks feedback on whether small entities encountered any unique challenges posed by this rule, and if they faced any economic and non-economic impacts. 

CH2M, Colorado's largest privately held company, is being purchased by Jacobs Engineering Group Inc. of Dallas in a $3.27 billion deal, including debt, Jacobs announced today. 

Jacobs will acquire all of the outstanding shares of the Douglas County-based global engineering firm for $2.85 billion in cash and stock in a deal that includes acquiring about $416 million of CH2M net debt. 
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South Dakota Governor Dennis Daugaard launched the first workshop of the Western Governors' Workforce Development Initiative by illuminating the changing job market and encouraging skills training. 
Read more 
Listen at KDMT 1690 AM Denver's Money Talk from 
4-5 p.m. Monday through Friday or   live stream online. Podcasts are available at   www.cobrt.com/radio and on your favorite podcast app the day after live airing.

Stream or Download These Recent Episodes
See all at our events page and use this contact form to add yours!
2017 Cleantech Manufacturing Forum - Colorado Hydrogen Coalition


  Mentor on Road - World Trade Center Denver

COBRT author/speaker series event with Dave Avrin - Colorado Business Roundtable

25th Fall Conference & Exhibition - Colorado Nonprofit Association

2017 Annual Meeting & Luncheon - Colorado Oil & Gas Association

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