Investments Blog

The upscale Elliot Park Hotel has opened to the public, marking the end of a $175 million redevelopment that’s transformed an entire block on the east side of downtown over the past two years.

“We are the final piece of the puzzle,” said Dana Orlando, general manager of the 168-room hotel that is part of Marriott’s Autograph Collection.

The eight-story hotel, which was developed by Wilkinson Corp., shares a courtyard with three other new buildings: A five-story Kraus-Anderson Cos. headquarters,…

So the surprise winner in today's historic U.S. Senate hearing over the controversial nomination of Supreme Court nominee Brett Kavanaugh is — The Coca-Cola Co. (NYSE: KO).

As tens of millions of Americans and others around the world were glued to their screens today watching the Senate Judiciary Committee hearing featuring Christine Blasey Ford's testimony about her alleged sexual assault by Kavanaugh, Ford kept a bottle of Coca-Cola close at hand, occasionally taking a drink as she answered…

Kraft Heinz Co.’s Canadian subsidiary has acquired Ethical Bean Coffee, a Vancouver-based roasting company, according to Daily Coffee News by Roast Magazine.

Terms were not disclosed.

Kraft Heinz (Nasdaq:KHC) is based in Pittsburgh and in Chicago and owns coffee brands Maxwell House and Gevalia.

Ethical Bean, launched in 2003. Its core business is roasting for grocery distribution and wholesale, the article said.

New York is considered the city that never sleeps – maybe that's why WalletHub lists it as the top coffee city in the United States.

For National Coffee Day Saturday, WalletHub ranked the top 100 coffee cities, based on 14 key indicators that include the number of coffee shops per capita, the average price per pack of coffee, and the average price of a cappuccino.

New York edged out Seattle for the top spot, partly because of its number of highly ranked affordable coffee shops. New York also topped…

Fancy Sprinkles, a Los Angeles-based maker of confectionery sprinkles, has received funding from Chicago-based investment management firm Sterling Partners.

Fancy Sprinkles didn’t disclose how much it received from Sterling but said it is the first institutional investment for the two-year-old startup.

Fancy Sprinkles sells its products à la carte through a monthly subscription and through partnerships, including an upcoming agreement with Neiman Marcus.

Its products include vegan sprinkles,…

Annie Gunn’s, located at 16806 Chesterfield Airport Road, is among OpenTable’s 100 best restaurants for wine lovers. It is the only Missouri restaurant included on the list.

Annie Gunn’s features American cuisine, including steak and seafood specialities. The restaurant has more than 700 wine selections on its wine list.

OpenTable included restaurants across 26 states, featuring vintage wines from renowned wineries, as well as those harvested from local vineyards.

The list of 100 restaurants…

Two Wichita craft brewers stood out among a collection of the nation's best in Colorado last week.

Inspire Brands Inc. is picking up another fast-food chain: Sonic Corp.

The Atlanta-based restaurant group, which already owns Arby’s, Buffalo Wild Wings and Rusty Taco, will pay approximately $2.3 billion for Sonic, a 65-year-old chain known for its drive-in format and customizable menu including burgers, hot dogs and a plethora of drinks.

The deal, expected to close later this year, includes more than 3,500 Sonic locations and 300 franchisees, representing $4.4 billion in system sales.

There…

The historic downtown Denver cable-car building that housed the Old Spaghetti Factory for more than four decades will go through another major transformation next year, becoming a gathering spot where people can play miniature golf while sipping on drinks and noshing on food.

Urban Putt, a concept that launched in San Francisco in 2014, will open just its second location next summer in the Denver City Cable Railway Building at 18th and Lawrence streets. It replaces the spaghetti chain that had occupied…