NEW YORK
Post chief Singleton begins new AP post
William Dean Singleton, publisher of The Denver Post, took over as chairman of The Associated Press on Monday, succeeding Burl Osborne, who is stepping down from the news cooperative’s board of directors.
Singleton, also vice chairman and chief executive of Denver-based ap Inc., the owner of The Post, was formally elected to the chairmanship by the board after the AP’s annual meeting in New York.
BOULDER
CU research center joins minority alliance
The ATLAS Institute’s Assessment and Research Center at the University of Colorado at Boulder will be a lead institution in a newly formed national alliance that will engage minority students in computing.
The Empowering Leadership Alliance is supported by a $2 million, three-year grant from the National Science Foundation.
DENVER
Nacchio’s attorneys disagree with feds
Former Qwest chief executive Joe Nacchio’s attorneys filed documents Monday that discounted the government’s contention that he has no legal right to jury-questionnaire responses and that they were too late in making their request for the responses, which they are seeking to review as part of their plans to seek a new trial.
Nacchio was convicted last month of 19 counts of illegal insider trading.
EVERGREEN
Aviation consultant sees flight downturn
Dozens of small communities in the United States may face a decline or loss of airline flights in the next five years, according to The Boyd Group, an aviation consulting firm in Evergreen led by Mike Boyd.
Boyd said two major factors behind the changes are a reduction in 30-34 seat turboprop planes operated under code share agreements with major carriers and the deteriorating economic advantages of 50-seat regional jets.
GOLDEN
Einstein Noah posts $1.1 million net income
Einstein Noah Restaurant Group, which operates the Einstein Bros. Bagels brand, posted first-quarter net income of $1.1 million, or 10 cents per diluted share, compared with a net loss of $12.1 million, or $1.20 per basic and diluted share, during the same quarter last year.
The company said comparable same-store sales increased by 1 percent. Total revenue during the quarter was $96.3 million, down from $97.1 million in the first quarter of 2006.
DENVER
Frontier flights drop in capacity for April
Frontier Airlines planes averaged 77.2 percent full in April, down from 80.7 percent a year ago, the airline reported Monday.
The Denver-based airline increased its capacity measured by available seat miles by 16.4 percent while its traffic measured by revenue passenger miles grew 11.4 percent. Frontier’s passenger yield, a measure of financial performance, declined 0.1 percent.
DENVER
79.8% on-time mark lands DIA 5th in U.S.
At Denver International Airport in March, 79.8 percent of flights arrived on time, according to U.S. Bureau of Transportation Statistics data released Monday.
DIA ranked fifth among major airports ranked for their on-time arrival performance in the month, up from No. 24 a year ago. The top airport for on-time arrival performance in March was Oakland International. DIA performed better than the overall national on-time arrival rate of 73.3 percent in March.
DOUGLAS COUNTY
Liberty to buy stake in Backcountry.com
Liberty Media Corp. agreed to buy a controlling stake in Internet retailer Backcountry.com to add outdoor sports equipment to the commerce websites under its Liberty Interactive tracking stock.
Terms weren’t disclosed, Douglas County-based Liberty said Monday in a statement.
DENVER
Colo.’s health-insured at small firms drops
The number of Colorado residents in 2006 with health insurance provided by small businesses was 356,692, a decline of less than 1 percent, according to an annual report released Monday by the Colorado Division of Insurance.
The number of small businesses, defined as those with 50 employees or fewer, offering health insurance increased to 48,288, up 4 percent, the report showed.
GOLDEN
Health data provider gets favorable ruling
Health Grades, a health-care information provider, announced Monday that an arbitration panel has ruled in its favor in connection with a breach- of-contract dispute with Hewitt Associates, a human resources firm.
The panel ruled that Hewitt must pay Health Grades $3.6 million plus $878,000 in attorney fees and costs.
DENVER
Apex Silver: Bolivia to honor mine licenses
Apex Silver Mines Ltd., which is building the San Cristobal mine in southwestern Bolivia, said the government will honor its mining licenses under a new law. San Cristobal’s mining-concession rights “will be respected and will remain in effect.”
