Weekly News from COBRT - July 3, 2018
July 3, 2018
Justice Anthony Kennedy, a crucial swing vote on the Supreme Court, announced Wednesday he's retiring at the end of July, giving President Donald Trump another chance to fundamentally reshape the highest court in the land. His departure could have massive effects on U.S. policy, particularly on abortion rights and gay rights nationwide. His announcement immediately raised questions about how long the court would stand by its earlier abortion rulings, including Roe v Wade. 

Don't Forget To Register For Early Bird Prices!
You don't want to miss out on the early bird prices for the Denver Business Journal and Colorado Business Roundtable View From The Top CEO Panel Luncheon. This year's event will be Monday, August 20th from 11:00 am to 1:00 pm at CU South Denver. We will be having three amazing CEOs speaking on our panel. The CEOs include Steven Demetriou of Jacobs Engineering, Hikmet Ersek of Western Union, and Denny Marie Post of Red Robin International. Register today so you don't miss out on this amazing event. 

Stapleton, Polis Clash Greatly On Issues From Energy To Health Care. Here's What That Means For Colorado Business
Say what you will about the matchup of Democrat Jared Polis and Republican Walker Stapleton to be Colorado's next governor, but this much is clear: There is a very stark difference between the two men when it comes to most of their business-focused policies. 

Colorado Will Be 'Silicon Valley For Blockchain Technology,' National Cybersecurity Center CEO Says
The National Cybersecurity Center is offering a two-and-a-half-hour training session titled "Beyond Bitcoin: Cryptocurrency & Blockchain for Beginners" in Denver Tuesday night. And Vance Brown, the CEO of National Cybersecurity Center, said he believes that blockchain will transform many industries. "We see it as the most promising technology today to protect databases," Brown said. 

The National Governors Association (NGA) released a comprehensive report, Aligning State Systems for a Talent-Driven Economy: A Road Map for States, on June 20th. The road map highlights the current disparities in the U.S. between the high number of jobs requiring advanced technical education and the dwindling population of workers with the skills to fill them. The report also identifies the process for governors to solve this challenge by aligning education and training with the needs of states' economies. 

With U.S. trade fights increasingly roiling markets, a growing chorus of U.S. industries is backing legislation in Congress that would limit President Donald Trump's ability to slap tariffs on steel and aluminum imports. Fifty-one trade groups are joining the U.S. Chamber of Commerce and 222 state and local chambers by signing a letter that was sent to U.S. senators Tuesday in support of a bill introduced this month by Sen. Bob Corker, R-Tenn. The legislation would require Congress to approve or reject any new tariffs the president imposes based on national security concerns. 

Nearly 85 million people visited destinations in Colorado in 2017, breaking the state's tourism record for an eighth consecutive year. The 84.7 million people that visited areas from Denver to Dunton Springs collectively spent $20.9 billion and generated $1.28 billion in state and local tax revenue - also records, according to a trio of studies done for the Colorado Tourism Office. And they elevated Colorado to the No. 8 state in the nation to plan trips to, a boost of one spot from a year prior. 

Western Governors Approve Policy Resolutions On Workforce Development, International Trade, Western Infrastructure
Western Governors formally approved 12 policy resolutions on topics such as workforce development, international trade, and western infrastructure at the 2018 Annual Meeting in Rapid City, South Dakota. 

The policy resolutions formally approved include:
  • Air quality and methane emissions regulation
  • Transportation infrastructure in the western United States
  • Enhanced oil recovery
  • Water resource management in the west
  • National minerals policy
  • Transportation, storage and disposal of radioactive waste, materials, and spent nuclear fuel 
  • Cleaning up abandoned mines in the west
  • Water quality in the west
  • Workforce development in the western United States
  • Energy vision for the west
  • International trade
  • Modernizing western infrastructure
Deloitte, which is part of the "Big Four" largest professional services networks in the world, has grown its Denver practive by about 250 employees over the last six months. And Denver Managing Partner Chris Schmidt said that Deloitte's growth in this market could continue. 

Business Roundtable on Thursday praised the Senate Health, Education, Labor and Pensions Committee for reporting out bipartisan legislation to reauthorize the Carl D. Perkins Career and Technical Education Act. The action is "a crucial step forward to provide America's students with the skills and career pathways they need for success," said Wes Bush, Chairman and Chief Executive Officer of the Northrop Grumman Corporation and Chair of the Education and Workforce Committee. In an earlier letter supporting the bill, Bush observed that for the first time, the number of U.S. job openings is larger than the number of unemployed looking for work. Bush and Ginni Rometty, Chairman, President, and CEO of IBM Corporation, reinforced the argument in a CNBC.com op-ed, "Congress must address the 'skills gap' and update our education system by passing the Perkins Act."
In comments submitted today to the Department of Commerce, Business Roundtable challenged imposing tariffs on auto and auto parts imports based on national security under Section 232 of the Trade Expansion Act. First, the auto industry is prospering and not seeking such tariffs, the Roundtable argued. Second, new tariffs will seriously harm the U.S. economy. Third, new tariffs on auto and parts imports will invite retaliatory tariffs against U.S. exports. "Under these circumstances, the Administration should determine that auto-related imports are not adversely affecting the U.S. national security pursuant to Section 232," the Roundtable said, also calling on the Administration to terminate the Section 232 tariffs on steel and aluminum imports.
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4-5 p.m. Monday through Friday or  live stream online. Podcasts are available at  http://www.cobrt.com/radio-podcast and on your favorite podcast app the day after live airing.

Stream or Download These Recent Episodes

June 25 - Pac/West
June 26 - Jacobs
June 26 - CSU-Global
June 27 - Lockheed Martin
June 28 - MSU Denver
See all at our events page and use this contact form to add yours!
M&A Denver Happy Hour - Davis Graham & Stubbs

Grand Opening - Wings Over the Rockies Exploration of Flight

Grand Opening - Wings Over the Rockies Exploration of Flight

STEM/Manufacturing Collaborative Kick-Off - Arvada Chamber of Commerce

View From the Top - Colorado Business Roundtable & Denver Business Journal
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