Business

Ogden newspaper to be sold to a family newspaper company

Standard Examiner entrance

Ogden Newspapers will acquire the Standard-Examiner and standard.net website, as well as the...

Local

Weber Co. seeks accord with Davis Co. to join forces in economic development

Foxley01.jpg

State lawmakers set aside $775,000 during the legislative session earlier this year to aid in the effort, which the Economic Development Corp. of Utah would help spearhead.


Business

US stocks mostly fall in wobbly trading as costs, rates rise

APTOPIX Financial Markets Wall Street-1

NEW YORK (AP) — U.S. stocks are mostly lower Wednesday after a steep drop the day before as investors continued to worry that growing costs for critical materials along with rising interest rates will affect profit growth for companies. U.S. bond yields are rising again and setting four-year highs...


Business

EPA security chief also worked for owner of tabloid company

Trump EPA

WASHINGTON (AP) — The security chief for the head of the Environmental Protection Agency worked on the side as a private investigator for the owner of a tabloid news company with close ties to President Donald Trump. EPA special agent Pasquale “Nino” Perrotta performed regular work for National...


Business

Congress seeks VW chief's testimony amid new probe

(c) 2018, Bloomberg. A House committee has begun a new investigation into allegations of overseas emissions cheating by Volkswagen and was seeking testimony from the automaker’s chief executive officer Herbert Diess. In a letter, House Science, Space, and Technology Committee Chairman Lamar Smith,...


Business

Subway plans 500 U.S. store closings amid global growth

(c) 2018, Bloomberg. Subway Restaurants, the world’s most ubiquitous dining chain, will continue closing U.S. stores as it expands internationally. After peppering the nation with thousands of locations, closely held Subway is retrenching. This year, the sandwich purveyor is planning to shut about...


Business

Twitter is off the takeover rumor merry-go-round

(c) 2018, Bloomberg. Twitter is not a corporate Superfund site anymore. That doesn’t mean the company has morphed into a beautiful park, although stock investors are overly optimistic that Twitter will make the transformation. There are legitimate signs of a recovery from Twitter in its first-...


Business

Twitter tops earnings projections, but growth pace seen slowing

(c) 2018, Bloomberg. Twitter beat analysts’ estimates for earnings in the first quarter and showed signs that it’s finally overcoming a slump, but the nascent turnaround was tempered by an outlook for slower growth this year. The social media company’s push into live video and more personalized...


Business

Just as Atlantic City stems bleeding, competition comes calling

(c) 2018, Bloomberg. Four nights of Beyonce failed to ignite lasting buzz for Revel, the $2.4 billion Atlantic City casino that flopped after little more than two years. Now the Hard Rock Hotel & Casino is heading to New Jersey’s battered gambling resort with a mix for the masses: country greats,...


Business

Powell's Fed policy gambit bets jobs stay hot, inflation not

(c) 2018, Bloomberg. Federal Reserve officials are sounding increasingly confident they can run the U.S. economy hot without a harmful rise of inflation, a risky gamble for Chairman Jerome Powell with unemployment low, price pressures edging higher and fiscal stimulus about to goose growth. An...


Business

Eli Lilly is said to lure Bain, Advent on animal health sale

(c) 2018, Bloomberg. Eli Lilly & Co. has attracted interest from private equity firms including Bain Capital and Advent International Corp. for its animal-health business, as the pharmaceutical giant considers options for the ailing unit, people with knowledge of the matter said. Carlyle Group may...


Older ›
×