DENVER
Power consumption falls short of forecast
Xcel Energy forecast record- high electricity consumption Monday in Colorado, but afternoon clouds helped keep power demand below the record level.
Xcel said consumption was 6,740 megawatts, the highest this year but below the record of 6,785 megawatts set last year on July 21.
The utility had an estimated 7,800 megawatts of power available for use Monday, giving it a reserve margin if any generating stations failed. But officials said no major outages occurred.
ELKO, Nev.
Body recovered at Nev. Newmont mine
The body of a Newmont Mining Corp. gold miner was recovered Monday, 13 days after the ground gave way while he was working at an underground mine, officials said.
Newmont said the body of Dan Shaw, 30, was recovered at the company’s Midas underground mine in northeastern Nevada.
Shaw was working with a blasting crew 200 feet below the mine’s portal when the ground caved in beneath the loader he was operating June 19. No one else was injured.
Officials said work at the mine will not resume until safety inspections are complete.
BROOMFIELD
RockResorts grows with St. Lucia hotel
RockResorts International LLC announced Monday that it will expand its luxury hotel portfolio with the addition of The Landings St. Lucia, located on Rodney Bay, St. Lucia, in the West Indies.
RockResorts, a subsidiary of Vail Resorts, was selected by The Landing Ltd., a St. Lucia- registered development company, to manage resort operations.
COLORADO SPRINGS
Gazette to distribute Denver Post, Rocky
Under a partnership with the Denver Newspaper Agency, The Gazette will take over distribution in El Paso County of Denver’s two largest newspapers and four national publications, Gazette president and publisher P. Scott McKibben said Monday.
The agency has been distributing The Denver Post, Rocky Mountain News, The Wall Street Journal, The New York Times, USA Today and Barron’s financial magazine in El Paso County.
The Gazette will take over, most likely beginning in August, and handle customers’ calls, McKibben said.
GREELEY
UAP Holding reports net income leaps 50%
UAP Holding Corp., a Greeley-based distributor of agricultural products, announced Monday that net income for the first quarter increased 50 percent to $88 million, or $1.66 per diluted share, compared with income of $58 million, or $1.11 per share, for the same period last year. Sales increased by 15 percent to $1.6 billion from $1.4 billion last year.
TRENTON, N.J.
Firm submits plan to recall Chinese tires
A tire importing company ordered to recall thousands of light-truck radial tires that were purchased from a Chinese manufacturer said Monday that it had submitted a recall plan to the federal government.
Foreign Tire Sales Inc., a small importer based in Union, N.J., said it hopes to begin the recall July 16. The company said it would soon release details of the plan on its website,, and would establish an 800 number for consumers and dealers.
LOS ANGELES
Jack in the Box OK’d to make fun of rival
Fast-food chain Jack in the Box Inc. can continue to air TV ads that make a rival restaurant the butt of its jokes, a federal judge ruled Monday.
U.S. District Judge Andrew Guilford said he wanted to see more evidence of actual harm before barring the cheeky ads that suggest rival company CKE Restaurants Inc., which operates Carl’s Jr. and Hardee’s, uses cow anuses to make its Angus beef hamburgers.
NEW YORK
Tyco, former units trading separately
Tyco International Inc. and its former health care and electronics units began trading as separate companies Monday, and analysts advised investors to adopt a “wait-and-see” approach.
The highly anticipated spin- off of the Covidien health care business and Tyco Electronics occurred Friday in a tax-free distribution to shareholders.
WASHINGTON
Curbing small jets over holiday urged
The leading U.S. airlines urged the Federal Aviation Administration on Monday to impose delays on flights by corporate and private jets to help relieve the congestion at New York airports over the Fourth of July holiday.
Delays that stem from congestion in New York can have ripple effects throughout the nation, particularly along the East Coast.
The Air Transport Association, which represents AMR Corp.’s American Airlines and UAL Corp.’s United, said that private planes landing in smaller New York regional airports aren’t necessarily subjected to the same delays that bedevil commercial flights into New York’s John F. Kennedy and LaGuardia airports.
That view was strongly disputed by the National Business Aviation Association, which represents companies and operators of private aircraft.
