Weekly News from COBRT - October 9, 2018
October 9, 2018

Check out COBRT's latest video with Tom Bugnitz, the CEO of Manufacturer's Edge. We are excited to have them as a partner and appreciate all of their support. 

Colorado business optimism dropped sharply heading into the last three months of 2018, according to the latest Leeds Business Confidence Index. That marks the seventh-largest drop since the Leeds Business Research Division at the University of Colorado Boulder started the index more than 15 years ago. The LBCI measures Colorado business leaders' optimism on the state economy, the national economy, industry sales, industry profits, industry hiring and capital expenditures. 

Join Colorado State University-Global Campus and the Colorado Business Roundtable for "Cybersecurity Threats in the Future: What every organizational leader needs to know." The event will be Tuesday, October 30 from 7:00 am to 9:00 am at History Colorado Center.

Cybersecurity threats are constantly evolving. Hear from top companies about the cybersecurity challenges they have faced, solutions their companies took to overcome cyber threats, and how they believe businesses can prepare their workforce to effectively address the current and future cyber challenges ahead.

The keynote speaker is Criss Bradbury, senior manager in the cyber risk services department at Deloitte. Panelists are from Microsoft, IBM, AT&T and more.

The Colorado Business Roundtable believes in the power of being a champion. We are going to recognize Colorado's champions in collaboration, partnerships, the business community and who go the extra mile to help make the business ecosystem of Colorado stronger. We welcome your nominations in the following categories:
  • Aerospace
  • Education and Workforce
  • Energy
  • Engineering
  • Farming and Agriculture
  • Financial Services
  • Government
  • Health and Wellness
  • Hospitality and Lodging
  • Manufacturing
  • Nonprofit
  • Technology
  • Tourism and Outdoor Recreation
The deadline for nomination forms is October 26, 2018.

Unemployment fell to its lowest level in nearly half a century in September even as job growth slowed, allowing President Donald Trump to present a mostly-favorable economic picture in the critical home stretch before the midterm elections. The Labor Department reported 134,000 new jobs in September, down from 270,000 in August. Wage growth dipped, with average hourly earnings up 2.8 percent over the previous year, down from 2.9 percent in August - the largest single-month jump in nearly a decade. But unemployment was 3.7 percent, down from 3.9 percent in August and its lowest level since December 1969. 

It's with a heavy heart that we urge Coloradans to vote no on Amendment 73. Colorado schools are underfunded and there was a time, not-so-long ago, that we supported a similar income tax increase to help rescue our lagging K-12 education system. But times have changed. Colorado's economy is booming. And the Trump tax cuts will actually mean an increase in Colorado income tax revenue. Between 2017 and 2020, general fund revenue is expected to grow by more than $1.7 billion (even accounting for the money that will be given back to taxpayers under TABOR revenue caps). We're not so naive as to expect that all of that money will go to better fund our schools, but we would hope that Colorado lawmakers would do the right thing and dedicate the lion's share to increasing K-12 education funding. 

Charlotte Business Journal President and Publisher Kevin Pitts has been named to the same positions at the Denver Business Journal. Both media companies are part of Charlotte-based American City Business Journals. Pitts succeeds Pete Casillas, who was recently promoted to vice president/local markets by ACBJ and will oversee a number of local business journals. 

Lockheed Martin Space is exploring whether to offer companies the chance to buy space aboard the first test flights of the Orion capsule, the deep-space vehicle its building for NASA. The Jefferson County-based aerospace company on Thursday said it's asking whether companies and research institutes have an interest placing experiments in the Orion capsule's scheduled 2020 and 2022 missions flying around the moon. 

Business Roundtable issued a statement following the U.S.-Canada agreement on modernizing the North American Free Trade Agreement (NAFTA). "Business Roundtable is encouraged that the Administration has struck a deal with Canada and Mexico on updating NAFTA, maintaining its trilateral structure that is critical for North American supply chains. Business Roundtable has shared the Administration's goal of modernizing and strengthening the agreement in ways that expand economic opportunity, create U.S. jobs, and increase the competitiveness of U.S. companies." The White House cited the statement in its round-up of positive reactions.
The AIAA-RM Annual Technical Symposium is the world's largest technical society dedicated to the global aerospace profession. With more than 35,000 individual members worldwide, and 90 corporate members, AIAA brings together industry, academia, and government to advance engineering and science in aviation, space, and defense. The goal of the Annual Technical Symposium, is to bring together the regional leaders, technical experts, and academia in the aerospace and aeronautics industry. ATS is a forum to help shape the future of the industry, a place for people in all stages of their career to gather, network, and collaborate. It is a place to learn a new process, gather inspiration, and make the connection to turn that inspiration into reality. The day-long event will be held on Monday, October 29 at the University of Colorado, South Denver Campus in Lone Tree, CO 

In two interviews this week, Business Roundtable Chairman Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., discussed Roundtable advocacy around policy issues, citing tax reform, corporate governance, immigration, sustainability, diversity and workforce. See Marketplace transcript and video of the interview with AEI President Arthur Brooks.
For the past century, the work of every car designer has focused on one central activity-driving! The art of creating the perfect human-to-car driving experience has been extremely complicated, with people coming in a variety of shapes and sizes and the car itself evolving into far more than a machine. Their work involved the sculpting of controls, indicator lights, knobs, buttons and gauges into the best possible dashboard to support the driver and and his or her all-important steering wheel. The right combination of shapes, styles, sounds and tiny nuanced details had us "oohing" and "aahing" as it purred its way into our imaginations. 

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  http://www.cobrt.com/radio-podcast 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!

10/29/18 - 10/30/18
Future of Mining Americas - Mining Magazine and Mining Journal

Spreading Wings Gala - Wings Over the Rockies
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