DENVER
Daniels College gets high marks for ethics
The University of Denver’s Daniels College of Business has been named one of the top schools in the world for producing graduates with high ethical standards, according to The Wall Street Journal/Harris Interactive 2006 rankings of top business schools.
Daniels moved up one position to No. 4 in ethics, alongside Yale, Brigham Young University and Dartmouth. Daniels also moved up to No. 8 on the list of the top 47 North American regional business schools.
Recruiters surveyed for the report honored Daniels in the top 10 in four other categories: No. 3 in the technology industry; No. 6 for academic excellence in accounting; No. 7 in the financial- services industry; and No. 9 for academic excellence in information technology.
DENVER
Hotel occupancy, room rates increase
Occupancy rates and average room rates at Colorado’s hotels rose in August compared with the same month last year, according to the latest Rocky Mountain Lodging Report.
Statewide, occupancy rates rose by 2 percentage points, to 71.5 percent. Room rates increased by $8.43, to $105.74.
In the metro area, occupancy rates rose by 1.8 percentage points last month, to 77 percent. Average room rates jumped by $10.43, to $96.78.
DENVER
Altitude channel adds Utah, Mont. viewers
Starting today, Denver-based Altitude Sports & Entertainment will expand its reach to include Comcast and Bresnan cable systems throughout Utah and Montana.
The expansion will add about 300,000 subscribers to Altitude, which increases its reach to 2.5 million homes in the Rocky Mountain region.
THORNTON
Fischer Imaging seeks more proxies for vote
Fischer Imaging Corp. adjourned a special meeting of stockholders Wednesday to solicit additional proxies to vote on the sale of intellectual-property rights associated with its mammography business to Hologic Inc.
The meeting will be reconvened Wednesday.
DENVER
ARC will sell off 79 resident communities
Affordable Residential Communities Inc. on Wednesday announced that its board authorized the sale of about 79 ARC- owned communities.
The communities, located in 33 markets, will be sold either at auction or through negotiated sales. Denver-based ARC will still own 236 communities.
LOS ANGELES
United CEO Tilton blames federal rules
United Airlines chief executive Glenn Tilton said Wednesday unfair government regulations have hampered U.S. air carriers’ ability to stay competitive and weather the impact of the Sept. 11, 2001, terrorist attacks, rising fuel costs and other hardships.
Speaking Wednesday at the Town Hall Los Angeles forum, Tilton said the company is preparing to emerge from Chapter 11 bankruptcy protection in a few months in a “much stronger position to seize growth opportunities as we move forward.”
But he said United and other carriers’ efforts to emerge from similar financial straits continue to be constrained by government regulations.
ELK GROVE VILLAGE, Ill.
UAL reports net loss, faults bankruptcy, fuel
UAL Corp., United Airlines’ parent company, reported a $30 million net loss for August on Wednesday as a result of continuing high costs of its bankruptcy reorganization and the spike in fuel prices.
The airline said in its monthly operating report filed with U.S. Bankruptcy Court that it had an operating profit last month of $80 million versus a $12 million operating loss a year earlier.
MINNEAPOLIS
Northwest to lay off 1,400 flight attendants
Northwest Airlines Corp., the fourth-largest U.S. carrier, plans to lay off 1,400 flight attendants, or 14 percent of the workers, as it reduces flights in Chapter 11 bankruptcy reorganization.
The reductions include laying off 900 attendants Oct. 31 and 500 in January, Northwest’s Professional Flight Attendants Association told union members on its website Wednesday.
KANSAS CITY, Mo.
Aquila sells electric, natural gas operations
Electric and natural-gas utility Aquila Inc. said Wednesday it had sold four of its subsidiaries for $896.7 million, a substantial step in its efforts to rebuild the company and pay off debt.
The Kansas City, Mo.-based company said it had sold natural-gas operations in Michigan, Minnesota and Missouri and its electric operation in Kansas.
ROUND ROCK, Texas
Dell will add Cingular wireless to notebooks
Dell Inc., the largest maker of personal computers, will add wireless-Internet-access technology from Cingular Wireless LLC to notebook computers next year, in addition to offering a similar product from Verizon Wireless.
The company’s Latitude notebooks will have a built-in wireless card offering high-speed Internet access from Cingular for an as-yet-undetermined monthly fee starting in the first quarter, Round Rock, Texas-based Dell said Wednesday.
NEW YORK
S&P reviews rating of New York Times debt
Standard & Poor’s credit rating company said Wednesday it was reviewing its rating on debt held by The New York Times Co., a day after the newspaper publisher lowered its earnings forecasts and announced plans to cut about 500 jobs.
Times shares also sank $2.13 or 6.6 percent, to close at $30 on the New York Stock Exchange on Wednesday.
