Lockheed Martin is cutting 4,000 jobs, about 3.5 percent of its workforce, as the defense contractor continues to look for ways to lower costs amid reduced government spending.
Mandatory budget cuts have begun to hurt military readiness, but the armed forces will continue to do their job, Defense Secretary Chuck Hagel said Friday.
The airlines, including one of Denver’s largest carriers — Frontier — are warning of longer flight delays this summer. They say having fewer air controllers will take a toll on traffic.
The Colorado Symphony says that due to federal budget cuts, the U.S. Army Chorus won’t be able to travel to Denver to appear with the orchestra as planned May 18.
The improving economy is giving Colorado lawmakers the power to restore budget cuts from recent years. But don’t expect both parties to widely agree on next year’s spending plan as the Senate debates the budget.
With federal prosecutors bracing for looming furloughs, the chief judge of the U.S. District Court of Colorado has ordered that no criminal hearings or trials will be heard on Fridays from April 26 through Sept. 30.
As the March 1 deadline for sequester, an $85 billion reduction in defense and domestic spending looms closer, Rocky Mountain National Park is getting ready.
A group of nuns hopped on a bus for a rolling campaign to prevent cuts to programs for the poor.
President Barack Obama’s campaign is trying to pencil in the details of Mitt Romney’s budget cuts.
Denver Mayor Michael Hancock is slashing the city budget and says more cuts will follow if voters don’t pass a ballot measure in November.