Business news

Money Savvy Women

Feb 19, 2014
Wealth By Design

Women control just over one half of all wealth in the United States. By the end of this decade it projected women will control two thirds of this country’s wealth.  This shift will likely reshape the financial industry as women increasingly seek financial advisors who understand their attitudes toward money.  Men and women see money differently. Aspen Public Radio's Roger Adams explains.

“Men will be more about making a rate of return; women are more on the relationship side.”

Danielle Howard has spent 21 years in the financial industry and now owns Wealth By Design, a small financial firm in Basalt.  She is one of a growing number of money advisors who are focusing on women clients and recognizing how women approach the subjects of investment, income and financial security.

File Photo

Big tech news came yesterday with word of Google paying $3.2 Billion in cash to purchase Nest Labs. Nest creates "smart thermostats" developed by original iPod designer and company CEO Tony Fadell.

Courtesy Telluride Watch Newspapers

The recent mining accident near Ouray was one of the worst in recent Colorado history. Two miners died and nearly two dozen were injured at the Revenue-Virginius mine, of Star Mine Operations.  More details about what happened are starting to come out. Aspen Public Radio’s Elise Thatcher talks with reporter Samantha Wright, who’s covering the accident for the Telluride Watch newspapers.

Elise Thatcher

There’s a wine shortage… and it could get worse. So predicts a recent report by banking giant Morgan Stanley. The report blames bad weather and other factors for a looming shortage of fine wines. What is not clear is if the forecast is right. At least one financial writer calls the report a ploy to boost certain investments. Aspen Public Radio’s Elise Thatcher talks with Aspen sommelier Tim Baldwin, Assistant Food and Beverage Director at The Little Nell in Aspen. First, she asked him what his take is on the wine shortage.

Recreational marijuana shops won’t open their doors in Colorado until January and already several pot tourism companies are making plans to cash in on the new businesses.

Gordon Bronson and Michael Edinger, founders of Hub Aspen, a business incubator space they are hoping to launch in downtown Aspen.

Economic Boost from Bike Race? Probably not.

Oct 9, 2013
Roger Adams

Planning for next year’s USA Pro Challenge bike race in Aspen is already underway.   Despite some complaints this year because of road closures it appears the bike race has the support of local government officials and will become a yearly event.  This despite a lack of evidence showing any economic gains for the upper valley.   Aspen Public Radio's Roger Adams explains:

Steve Skadron is Aspen’s Mayor .  This week Aspen Public Radio asked him what the was the economic boost from hosting the USA Pro Challenge bicycle race.

Rebecca Kruth

A recent report shows Aspen’s real estate market isn’t recovering as quickly as expected. The Estin Report shows things have improved some, but the market is nowhere near where it once was. Aspen Public Radio’s Rebecca Kruth spoke with the report’s author Tim Estin and filed this report.

For people tracking the nation’s climbing housing prices, Tim Estin’s findings in the high-priced Aspen market may come as a surprise.

Search for Next "Startup Idol" at Brainstorm TECH

Jul 24, 2013
Ellis Robinson / Aspen Public Radio

Entrepreneurs often have an easier time innovating than getting financial backing for their ideas.   At the Brainstorm Tech conference in Aspen this week, five startup companies got a shot at selling their innovations to tech execs and big investors.  Think American Idol... startup style. For grand ideas that might have taken years to develop, they were given ... five minutes to convince the panel.

From the iPod to the AC - Tony Fadell of Nest Labs

Jul 8, 2013
File Photo

In 2001, Tony Fadell’s design for Apple revolutionized the music player and eventually the cellphone. Today, he’s the CEO and chief designer at Nest Labs - a company aiming to making your thermostat more beautiful, intuitive and energy efficient. Fadell was in town this week to present at the Aspen Ideas Festival and he spoke to Aspen Public Radio’s Rob St. Mary.

For more about Nest Labs: